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  • #15,081
  • Aug 9, 2023 7:24am Aug 9, 2023 7:24am
Quoting Zebi
{quote} a red number means inflation falling so potentially no rate hike but depending how big of a red number means soft landing or recession....stop thinking rate hikes...that shits over

look at it this way....powells piloting a small plane and was doing loops and tricks in the air raising rates but now hes out of fuel and has to land...will he crash or walk away...thats where we're at now. he killed inflation now his job is to prevent a recession...and thats good for the dollar and thats why even a red number is good for the dollar


you have to stop thinking like the gold bull fanatics that just see the world in black and white
short trump and go long the deepstate
  • #15,082
  • Aug 9, 2023 7:37am Aug 9, 2023 7:37am
Quoting Zebi
{quote} look at it this way....powells piloting a small plane and was doing loops and tricks in the air raising rates but now hes out of fuel and has to land...will he crash or walk away...thats where we're at now. he killed inflation now his job is to prevent a recession...and thats good for the dollar and thats why even a red number is good for the dollar you have to stop thinking like the gold bull fanatics that just see the world in black and white
Right I get it, i thought red numbers would mean a dovish stance from the feds and that would take away appeal from the dollar and turn it bearish but i see it now, appreciate the explanation.
  • #15,083
  • Aug 9, 2023 7:38am Aug 9, 2023 7:38am
Quoting Zebi
{quote} look at it this way....powells piloting a small plane and was doing loops and tricks in the air raising rates but now hes out of fuel and has to land...will he crash or walk away...thats where we're at now. he killed inflation now his job is to prevent a recession...and thats good for the dollar and thats why even a red number is good for the dollar you have to stop thinking like the gold bull fanatics that just see the world in black and white

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Don’t focus on making $$$, focus on protecting what you have.
  • #15,084
  • Aug 9, 2023 7:40am Aug 9, 2023 7:40am
Quoting d1zzy
{quote} Right I get it, i thought red numbers would mean a dovish stance from the feds and that would take away appeal from the dollar and turn it bearish but i see it now, appreciate the explanation.

being dovish now will be good for the economy and in turn the dollar
short trump and go long the deepstate
  • #15,085
  • Aug 9, 2023 7:51am Aug 9, 2023 7:51am
my system isnt giving a buy signal at this bottom so i will keep shorting any price advances
short trump and go long the deepstate
  • #15,086
  • Aug 9, 2023 7:56am Aug 9, 2023 7:56am
Quoting Zebi
{quote} price should get back to 1932 during tokyo and id advise you to use the GOD rule....no not that god but the Get Out Dummy rule .... god only gives you one chance to get out at breakeven if you did something stupid

where alidwikat?

hope he closed at even cause he probably wont get anymore chances
short trump and go long the deepstate
  • #15,087
  • Aug 9, 2023 8:18am Aug 9, 2023 8:18am
last part of the swing running ok too , little risky it can be , so tp arounds 1918 ok for today . lets see , take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #15,088
  • Aug 9, 2023 8:47am Aug 9, 2023 8:47am
Quoting fontu
last part of the swing running ok too , little risky it can be , so tp arounds 1918 ok for today . lets see , take care {image}
For 3 hours price has not been able to close below 1923. So taking buys here SL at previous low. Tp 1931
  • #15,089
  • Aug 9, 2023 9:16am Aug 9, 2023 9:16am
1925 price struck,if closing at 1925,a doji candle will be printed..
Closed today's trade..

Happy trading
Its all about Timing!!!
  • #15,090
  • Aug 9, 2023 9:35am Aug 9, 2023 9:35am
all done perfect , staill may play for good b at 1908. take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #15,091
  • Aug 9, 2023 9:39am Aug 9, 2023 9:39am
Yet more leading indicators of a recession.
  • #15,092
  • Aug 9, 2023 9:49am Aug 9, 2023 9:49am
GOLD/USD (1H): the price is in a steady downtrend, forming lower highs and lows.
After breaking through the 1920 level, we may see the following downward movement
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  • #15,093
  • Aug 9, 2023 9:53am Aug 9, 2023 9:53am
Quoting MrFanciful
Yet more leading indicators of a recession.

theres nothing indicationing a recession from that data...now if inventories spiked above 15 maybe...

reacting and trading the forcast number always gona lose you money
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short trump and go long the deepstate
  • #15,094
  • Aug 9, 2023 10:02am Aug 9, 2023 10:02am
mr fanciful...you dont want to end up on this list LOL

only way this bunch makes money trading is selling their newsletters to other permabears since they lose it in the market if they trade their beliefs

https://www.businessinsider.com/wall...msayers-2012-9
short trump and go long the deepstate
  • #15,095
  • Aug 9, 2023 10:04am Aug 9, 2023 10:04am
Quoting Zebi
{quote} theres nothing indicationing a recession from that data...now if inventories spiked above 15 maybe... reacting and trading the forcast number always gona lose you money {image}
Literally never knew about that chart option till you started to share it lol. Been using ff for many years just never explored what is has to offer lol. This really helos with fundamental info
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #15,096
  • Aug 9, 2023 10:08am Aug 9, 2023 10:08am
Quoting aahmad29
For bearish move, price is not supposed to break the last high and break the support at 1926.30 which is weekly POC. After breaking 1926.30, next levels are 1913, 1904-08, 1894 {image}
Lets see 1913 level is achieved or not.
Love for all; Hatred for none.
  • #15,097
  • Aug 9, 2023 10:10am Aug 9, 2023 10:10am
Quoting Pipsolengelo
{quote} For 3 hours price has not been able to close below 1923. So taking buys here SL at previous low. Tp 1931
how was ur buy holding up. i took at buy limit at 1918.81 sl 1915.41
Trading is very lonely
  • #15,098
  • Aug 9, 2023 10:10am Aug 9, 2023 10:10am
Quoting Pipsolengelo
{quote} For 3 hours price has not been able to close below 1923. So taking buys here SL at previous low. Tp 1931
Sl hit. But this is some serious bearishness. Without CPi price has come down so low. Totally f***ked my trading plan.
Will re analyze after CPI tomorrow.
  • #15,099
  • Aug 9, 2023 10:15am Aug 9, 2023 10:15am
Quoting mastersplint
{quote} Literally never knew about that chart option till you started to share it lol. Been using ff for many years just never explored what is has to offer lol. This really helos with fundamental info

glad atleast one person found it of use...youll probably be the only other person in this room to use it too LOL
short trump and go long the deepstate
  • #15,100
  • Aug 9, 2023 10:15am Aug 9, 2023 10:15am
Quoting aahmad29
{quote} Lets see 1913 level is achieved or not.
1913 ds2..
Price holding at 1917-18(ws1)(ms1)...a big bounce may happen? Or breakout!?
Its all about Timing!!!
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