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  • #11,981
  • Jul 12, 2023 3:53am Jul 12, 2023 3:53am
Quoting luckytujuh
other than using forexfactory to see news. the forex news app is down on android. anyone facing same issue as me
MyFXbook? Same here, been down since yesterday for maintenance. Sucks, but at least we have FF/MM.
"Who Dares Wins"
  • #11,982
  • Jul 12, 2023 3:55am Jul 12, 2023 3:55am
I have sells all the way down to 1900 almost, so I am keen for it to drop today, everything waiting for CPI, and I hope it will, otherwise I'll have safety buy stop in somewhere above 1950 or 1960 .
"Who Dares Wins"
  • #11,983
  • Jul 12, 2023 3:58am Jul 12, 2023 3:58am
Quoting Ravenfeeder
{quote} MyFXbook? Same here, been down since yesterday for maintenance. Sucks, but at least we have FF/MM.

oh okay. i thought i was the only one. LOL. that justify it then.
Trading is very lonely
  • #11,984
  • Jul 12, 2023 3:59am Jul 12, 2023 3:59am
Quoting Ravenfeeder
I have sells all the way down to 1900 almost, so I am keen for it to drop today, everything waiting for CPI, and I hope it will, otherwise I'll have safety buy stop in somewhere above 1950 or 1960 .
I closed my hedge positions on like 1939. Really hope it plummets...
  • #11,985
  • Jul 12, 2023 4:03am Jul 12, 2023 4:03am
All short from me today, might get a buy position just before cpi depending on where price will be in 3 hours.
Have a nice day trading everyone!
  • #11,986
  • Jul 12, 2023 4:52am Jul 12, 2023 4:52am
Quoting Ravenfeeder
I have sells all the way down to 1900 almost, so I am keen for it to drop today, everything waiting for CPI, and I hope it will, otherwise I'll have safety buy stop in somewhere above 1950 or 1960 .
Same with me, really need a drop. Sentiment is bullish according to IG - 71%, so their contrarian view is bearish but of course, it all depends on CPI.

https://www.goldenmeadow.eu/c/free-analysis/
  • #11,987
  • Jul 12, 2023 5:09am Jul 12, 2023 5:09am
The absolute worst and most frustrating kind of price action.
  • #11,988
  • Jul 12, 2023 5:19am Jul 12, 2023 5:19am
All these people who say they can't trade lower timeframes because it too fast...Are they sloths?
  • #11,989
  • Jul 12, 2023 5:28am Jul 12, 2023 5:28am
Quoting Hausser
{quote} Same with me, really need a drop. Sentiment is bullish according to IG - 71%, so their contrarian view is bearish but of course, it all depends on CPI. https://www.goldenmeadow.eu/c/free-analysis/
Yeah, the risk is there! I'm taking a chance, but CPI has been hotter in general, so let's hope this time it is a buy for DXY and this sell for Gold I am usually not contrarian, but so many of these rallies have faded before, and it is starting to look the same. Also, it is only really bullish above from above 1970 onwards, and that's a stretch...
"Who Dares Wins"
  • #11,990
  • Jul 12, 2023 5:30am Jul 12, 2023 5:30am
Quoting MrFanciful
All these people who say they can't trade lower timeframes because it too fast...Are they sloths?
I love lower time frames for scalping, like 1M, 5M and 15M, but also like higher time frames for confirmation sometimes, like 1H and 4H, especially when swing-trading.
"Who Dares Wins"
  • #11,991
  • Jul 12, 2023 5:32am Jul 12, 2023 5:32am
Quoting MrFanciful
The absolute worst and most frustrating kind of price action.
It does suck! But this is sooo typical on the day of "big" news being released. Would love to see if volume is 50/50 between sellers and buyers at the moment. And it is resting nicely at the neckline of the inverted H&S... What a tease!
"Who Dares Wins"
  • #11,992
  • Jul 12, 2023 5:40am Jul 12, 2023 5:40am
Quoting Ravenfeeder
{quote} It does suck! But this is sooo typical on the day of "big" news being released. Would love to see if volume is 50/50 between sellers and buyers at the moment. And it is resting nicely at the neckline of the inverted H&S... What a tease!
Gold looks like it could easily just continue higher but the DXY looks like it's in need of a retracement.
  • #11,993
  • Jul 12, 2023 5:45am Jul 12, 2023 5:45am
Quoting MrFanciful
{quote} Gold looks like it could easily just continue higher but the DXY looks like it's in need of a retracement.
Exactly what I am seeing too! DXY needs retracing, and could find support at 100.8
"Who Dares Wins"
  • #11,994
  • Jul 12, 2023 5:46am Jul 12, 2023 5:46am
Quoting Ravenfeeder
{quote} It does suck! But this is sooo typical on the day of "big" news being released. Would love to see if volume is 50/50 between sellers and buyers at the moment. And it is resting nicely at the neckline of the inverted H&S... What a tease!
So pleasing to look at though lol

I mean price resting at the neckline.
  • #11,995
  • Jul 12, 2023 5:50am Jul 12, 2023 5:50am
Rising trend line developed in M30 TF is at 1922.50. This trend line may be temporary but it has to break for any big bearish move.
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Love for all; Hatred for none.
  • #11,996
  • Jul 12, 2023 5:54am Jul 12, 2023 5:54am
Quoting d1zzy
{quote} So pleasing to look at though lol I mean price resting at the neckline.
I have often noticed how Gold rests at a critical juncture in the day of big news, and then wham! It shoots up or down, like what happened two NFP's ago. Another thing is the CPI news tend to create a whipsaw effect, so it can shoot down to 1900 then up, or up to 1945 and then down. Not that it will do this, but quite possible.
"Who Dares Wins"
  • #11,997
  • Jul 12, 2023 5:56am Jul 12, 2023 5:56am
Quoting Serve
{quote} The opposite is my outlook on gold. Bears all the way to 1940
Hit my Tp at 1940 and now the bears will clear the path to 1924/25
Look ahead. Reste positif
  • #11,998
  • Jul 12, 2023 6:05am Jul 12, 2023 6:05am
Quoting Ravenfeeder
{quote} I have often noticed how Gold rests at a critical juncture in the day of big news, and then wham! It shoots up or down, like what happened two NFP's ago. Another thing is the CPI news tend to create a whipsaw effect, so it can shoot down to 1900 then up, or up to 1945 and then down. Not that it will do this, but quite possible.
I thought the whipsaw effect was mostly only with NFP's, hope it doesn't do it today! I have a buy stop set just in case though. TP for shorts are at 1921. Upon further break maybe 1910-1903 (Different TP's coz partials)

Not sure if I over reaching expecting it to retest 1900 if CPI positive?
  • #11,999
  • Jul 12, 2023 6:08am Jul 12, 2023 6:08am
Quoting Serve
{quote} Hit my Tp at 1940 and now the bears will clear the path to 1924/25
Wish they'd just clear it...I have a life I want to live.

Sometimes there's such little action that I have to check if my connection to the broker is down.
  • #12,000
  • Jul 12, 2023 6:21am Jul 12, 2023 6:21am
Quoting MrFanciful
{quote} Wish they'd just clear it...I have a life I want to live. Sometimes there's such little action that I have to check if my connection to the broker is down.
LOL same here, and it's almost like a US public holiday, low volume... It's gonna be interesting! I have sell at 1928, TP set for break even, then 1921, TP also set for break even, then:

Sell: 1913 TP: 1910
Sell 1910 TP: BE
Sell 1908 : TP 1905
Sell 1903: TP 1901
Sell 1901 TP: BE

Lol, so therefore I am bearish, but will hedge above 1963.
"Who Dares Wins"
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