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  • #96,861
  • Jul 20, 5:10pm (31 hr ago) Jul 20, 5:10pm (31 hr ago)
Quoting ChiForex
Sell Gold 4010-20 TP1 3960 TP2 3930-40 Buy 3935 TP1 3960 TP2 3995
SL?
  • #96,862
  • Jul 20, 5:16pm (31 hr ago) Jul 20, 5:16pm (31 hr ago)
Quoting cameron777
{quote} SL?
3970 area is my initial target.
Intraday only.
  • #96,863
  • Jul 20, 10:55pm (25 hr ago) Jul 20, 10:55pm (25 hr ago)
2 sells running 4020 and 4050-this is a weekly retrace.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,864
  • Jul 21, 1:32am (23 hr ago) Jul 21, 1:32am (23 hr ago)
No more adding sells above 4075...TP and SL TBD later today but can drag into tomorrow's daily candle.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,865
  • Jul 21, 7:45am (16 hr ago) Jul 21, 7:45am (16 hr ago)
Quoting ChiForex
Sell Gold 4010-20 TP1 3960 TP2 3930-40 Buy 3935 TP1 3960 TP2 3995
Leaving trade open till EOD?
  • #96,866
  • Jul 21, 5:48pm (6 hr ago) Jul 21, 5:48pm (6 hr ago)
Sell Gold 4105-10 TP 4045-50 below here and we're back to the same story of range trading toward 4010-15
Buy 4045-50 if price is coming from 4105-10 while a better buy is 4010-15 towards 4045-50...

Weirdly, yesterday Gold moved in negative correlation vs EUR, GBP...and positive with DXY.
Until now it looks to be a correction from weeks of continuous falling..we'll see step by step on daily how far it can go before the weekly candle closes...

*Who're holding sells from yesterday can get out at 4045-50 as it's more in hands than 4010-15 for today...you can later sell higher....
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,867
  • Jul 21, 6:22pm (6 hr ago) Jul 21, 6:22pm (6 hr ago)
Aside of Gold, it's hilarious how BOJ turned to be the biggest joke of all time. Though it'll intervene at some point but like UJ is already at historic highs, like whatever "big" intervention they'll do, it's throwing billions of $ from above 163 instead of like months earlier at worst the worst announcing a roof of 160 or better hike rates...that could've cost them way less than the nonsense fake spikes down every day or so for 20 pips to see it evaporate after minutes in thin air!
Sometimes, you wonder how CBs are so incompetent, even children in primary school can think better!
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,868
  • Jul 21, 8:51pm (3 hr ago) Jul 21, 8:51pm (3 hr ago)
Quoting ChiForex
Aside of Gold, it's hilarious how BOJ turned to be the biggest joke of all time. Though it'll intervene at some point but like UJ is already at historic highs, like whatever "big" intervention they'll do, it's throwing billions of $ from above 163 instead of like months earlier at worst the worst announcing a roof of 160 or better hike rates...that could've cost them way less than the nonsense fake spikes down every day or so for 20 pips to see it evaporate after minutes in thin air! Sometimes, you wonder how CBs are so incompetent, even children...
I honestly don't understand what happened to the market yesterday. It was a complete bullshit move, and even now the price action is beyond my understanding. The market hasn't formed any proper buy structure, yet it's still pushing higher for no clear reason.
For the rest of this week, I'll just observe the charts. I'll make my plan for next week after seeing the weekly candle close. Then I'll look for a daily shift and trade accordingly to achieve my targets.
  • #96,869
  • Last Post: Jul 21, 9:46pm (2 hr 50 min ago) Jul 21, 9:46pm (2 hr 50 min ago)
Quoting muzamil9
{quote} I honestly don't understand what happened to the market yesterday. It was a complete bullshit move, and even now the price action is beyond my understanding. The market hasn't formed any proper buy structure, yet it's still pushing higher for no clear reason. For the rest of this week, I'll just observe the charts. I'll make my plan for next week after seeing the weekly candle close. Then I'll look for a daily shift and trade accordingly to achieve my targets.
youre so right, since last week also something wrong is somewhere in the system....
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