Its late ... 2AM now here ... got a setup but lazy to wait .. set buy limit ...
DYOR & risk it smart ... not my call.
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Disliked{quote} Long Call Gold always forms the same fractal pattern over several trading days, so I believe there's a chance for a strong bullish move tomorrow. However, for safety, I might buy slightly above the accumulation area, possibly just above the EMA 3355, with a stop loss of around 257 pips (1% risk), and let the trade run until 15 minutes before the red news tomorrow. Observe the fractal. So Buy Stop 3355, Risk 1%, 250 pips BE+1 after +85 pips TP Open until red news or 15 minutes before end of tomorrow trading day {image} {image}Ignored
Essentially, high CPI strengthens the USD but can push gold up due to inflation concerns. Conversely, low CPI weakens the USD and reduces gold’s appeal.
Are you following gold closely for trading opportunities?
Disliked{quote} And Here We Go Fire ▄︻デ══━一Range 3 Long, R 1% 250 pips, BE+ after +83 pips TP Open until 15 minute before first USD red news today Good Luck! {image} {image}
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Disliked{quote} I had close all BE + .... for this trade ... Its late ... 2AM now here ... got a setup but lazy to wait .. set buy limit ... {image} {image}Ignored
DislikedRoelsMajor Quoting RoelsMajor {quote} Hit BE+. See it later after red news. Long Call Good man !!!!Ignored
Disliked{quote} Permission granted, Commander!You are cleared for takeoff. Roger that, Houston — all systems go for liftoff!
Engines ignited, countdown initiated... T-minus 3... 2... 1... Lol
BE+ started, hopefully it's not too premature and doesn't require a re-trade. If it continues to go well, I will close the trade 15 minutes before 20:15 (here at night), 15 minutes before the ADP Non-Farm Employment Change. {image}
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