Disliked... it would be nice a re-test of that support around 1734-1745 ... so it can make me really believe in that channel again...Ignored
Now it would be nice for that support to resist...we'll see...
P.S. Sorry for the double post...
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
Disliked... it would be nice a re-test of that support around 1734-1745 ... so it can make me really believe in that channel again...Ignored
DislikedI'm thinking she's going to make a run on 1741 for the remaining NY session
edit: looking slow, let's add asia into that claim
reasoning: test of broken support area.Ignored
DislikedThe DailyFX live analyst David Song (not my favourite DailyFX analyst to be sure) kept repeating his answer "We don't," to people repeating the question over and over again "How do we trade this news?"
Looking across all the pairs, et al, if there's no decisive action from the 9:15 announcements either (none of it is major news so that seems likely), it will probably be a choppy, sideways-moving day across all markets in which case I'll stand aside, place a dreaded stop on my gold short (the only trade I have in play at the moment) just...Ignored
DislikedYes, but I'm in Ontario, so I'm in EST but I've always preferred nights to days since I was little. That works out very well for trading as most of the action (at least so far as setting up positions) takes place at night and early morning when the markets overlap. Generally speaking, I do most of my trading between 3am and 9am, but what I love about trading for a living is I can keep whatever hours I want with no-one to answer to but myself.Ignored
DislikedFor the scalpers I see a potential opportunity here,Buy NOW 1741 Close 1747 or a buck or two higher, if she breaks 48, see if there is a breakout and let the scalp ride as a day trade, till around noon or sowhen profit taking starts. If it looks really good hold till five.....
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DislikedI take it you are non-US based..
Yes, chop is what it did.
The initial CPI may have boosted the price and the second CPI pushed down, regardless there was not much of a significant change any way, nor even though FF has it as "red" it is NOT as important as an NFP or Unemployment.
[b]For the scalpers I see a potential opportunity here,Buy NOW 1741 Close 1747 or a buck or two higher, if she breaks 48, see if there is a breakout and let the scalp ride as a day trade, till around noon or sowhen profit taking starts. If it looks really good hold...Ignored
Dislikedhow do you get such a good observation? thanks for your tips, i closed at 4dollar profitIgnored
DislikedJeez XTrade - anyone would think you know what you're talking about....
beebIgnored
Dislikedhow do you get such a good observation? thanks for your tips, i closed at 4dollar profitIgnored
Dislikedhow do you get such a good observation? thanks for your tips, i closed at 4dollar profitIgnored