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- 21 Results (1 Threads, 20 Replies)
- C511K replied Jul 2, 2024
Hey friend. Maybe you had a bad day today, that's all. FWIW, I do think Gold will move towards 2330 as the next move. DXY is waning and NY created a HH with no LL. I'm positive that Gold will recover ground and go north.
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- C511K replied Jul 2, 2024
Nice entry imo, it's pivot point up from there. We made a HH but no LL, so we can still possibly breakthrough and push for 2341. I myself hold a bullish bias.
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- C511K replied Jul 2, 2024
I thought you hit your SL on your buy trade...but you claim that you change the SL...ok...nice foresight I guess...shrugs. Anyway, I don't think it is short bias at the moment/at this level. It's no trade zone.
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- C511K replied Jul 2, 2024
I think Gold is going down. USD going to rally. DXY at support and should spring up from here to target 106.
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- C511K replied Jul 2, 2024
Am I missing something? It is also possible that USD gets dumped ahead of Powell's speech. Why is everyone so sure that USD will rally during NY session? Thanks.
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- C511K replied Jul 2, 2024
His short entry is a little low though. He sold into support, not resistance.
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- C511K replied Jul 2, 2024
But Powell will make sure there's a lot of pips on the table later...
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- C511K replied Jul 2, 2024
I'm hoping that xxxjpy drops 200-300 pips and at that point I will be heavily buying.
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- C511K replied Jul 2, 2024
Hi Jack, when will you be loading up your TE? Love to see your results, thank you.
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- C511K replied Jul 2, 2024
I don't think BoJ will intervene. I'm not sure if Yen will actually gain strength, at least not before Q4. I'm happy to be proven wrong though, I really want to see xxxjpy crash 300 pips.
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- C511K replied Jul 2, 2024
Why are you trading on demo if you have a profitable system?
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- C511K replied Jul 2, 2024
Thank you. I marked 2356 as my high and 2310 as my low for today. Of course, it can (and likely will) be broken if Powell's speech is extreme. I have a question, why don't you trade Silver? Thank you.
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- C511K replied Jul 1, 2024
It has to go below 2300 for bears to regain territory. Powell's speech later can easily run this $20 up in a flash. I don't think bears have arrived. Could just be a pullback and your usual ADR moves.
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- C511K replied Jul 1, 2024
Interesting thread, I prefer listening to jazz music when I trade.
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- C511K replied Jul 1, 2024
What will be your strategies heading into Powell's speech?
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- C511K replied Jul 1, 2024
Congrats. What are your thoughts on the upcoming Powell speech? What strategies would you be employing?
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- C511K replied Jul 1, 2024
Based on my previous technical analysis and calculations, DXY should be at 105.871 already. I think the Trump vs Biden is perceieved as a lose-lose for global speculators (one is facing charges, the other deemed to be..senile) and are not buying USD ...
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- C511K replied Jul 1, 2024
DXY can't stay green, I will be cautious buying the Dollar.
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- C511K replied Jul 1, 2024
Waiting for your updates, Akim. I think you're a good trader.
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