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  • #14,741
  • Aug 4, 2023 7:37am Aug 4, 2023 7:37am
only way the NFP could have been good for gold was negatiive job growth which means a recession
short trump and go long the deepstate
  • #14,742
  • Aug 4, 2023 7:38am Aug 4, 2023 7:38am
crappy nfp. lol.....
Trading is very lonely
  • #14,743
  • Aug 4, 2023 7:38am Aug 4, 2023 7:38am
Quoting Xauusdscalpr
{quote} revision of previous month numbers happens all the time.

but they do it days or week later not on the new announcement
short trump and go long the deepstate
  • #14,744
  • Aug 4, 2023 7:40am Aug 4, 2023 7:40am
Quoting Murugesh29
Today's ADR level 1917 - 1950... 1924-1921 a possible pullback can happen from here.. T1:1938 T2:1947 Lets see what NFP has! Trade safe
T1 completed...next T2

Trade safe
Its all about Timing!!!
  • #14,745
  • Aug 4, 2023 7:41am Aug 4, 2023 7:41am
Bad data, only Employment rate came out positive. Overall bad data, Finally I can get out of this long position hopefully
  • #14,746
  • Aug 4, 2023 7:42am Aug 4, 2023 7:42am
Quoting Zebi
{quote} but they do it days or week later not on the new announcement
They revised the previous down as well which is also bad for the dollar. And I have seen where the revision carries more weight that the current actual because the previous was supposedly already acted on...
  • #14,747
  • Aug 4, 2023 7:43am Aug 4, 2023 7:43am
Now we are going to 1970(may be not today. Probably Monday) See you guys there.
  • #14,748
  • Aug 4, 2023 7:43am Aug 4, 2023 7:43am
Quoting parveenverma
{quote} I have planned to Sell Gold up to 1918 and 1902 because my 4H retraced from the 61.8% retracement level and my target was at least 161.8% 1918 but Daily support @ 1929 ,61.8% retracement level is shouting me that we have touch the probable bottom of this swing and now price has to move up. As per Daily TF price can move continue up to 150% to 161.8% that becomes between 2035 to 2045 now. I am waiting for the Buying confirmation because I have not get the confirmation yet.I may be wrong. Trade safe
Yes ........it works and works well.Trade safe buddies
  • #14,749
  • Aug 4, 2023 7:44am Aug 4, 2023 7:44am
Quoting de5151
{quote} Yes. All the signs are pointing to a big up move at NFP release. My prediction is that there will be a big spike down to take out all (long) stops under 1929.5 area and to trigger shorts set up down there. Then the big up move will happen.
Just as expected.

Could have a down move coming though when Wall Street opens.
  • #14,750
  • Aug 4, 2023 7:46am Aug 4, 2023 7:46am
Quite a bit more subdued response than I was expecting
  • #14,751
  • Aug 4, 2023 7:46am Aug 4, 2023 7:46am
Quoting de5151
{quote} Just as expected. Could have a down move coming though when Wall Street opens.
Doubt there's saving the DXY today maybe some profit taking later on could give it a retracement, all the big stocks/indices would take today as an opportunity to nurse loses. Time will tell
  • #14,752
  • Aug 4, 2023 7:48am Aug 4, 2023 7:48am
Quoting parveenverma
{quote} Yes ........it works and works well.Trade safe buddies
If this is a reversal from 61.8 Then what is your target for the up??
It again made a wick there and went up.
  • #14,753
  • Aug 4, 2023 7:48am Aug 4, 2023 7:48am
XAUUSD H4, Swing up
1945, 1951, 1963. 1970; SL 1928
take care about bondyields y2,y30,y10

see you one day
  • #14,754
  • Aug 4, 2023 7:49am Aug 4, 2023 7:49am
D range high has 1944.5
Dr2 1943.4
Dr3 1948..
Its all about Timing!!!
  • #14,755
  • Aug 4, 2023 7:49am Aug 4, 2023 7:49am
look at that candle from m15,m30,h1,h4. this wick...
Trading is very lonely
  • #14,756
  • Aug 4, 2023 7:51am Aug 4, 2023 7:51am
Quoting Pipsolengelo
{quote} If this is a reversal from 61.8 Then what is your target for the up?? It again made a wick there and went up.
As per long term wise the target become between 2035-2045. For short term if this hourly candle close above 1939 then the first possible target become 1957. Trade safe
  • #14,757
  • Edited 8:43am Aug 4, 2023 7:53am | Edited 8:43am
Quoting T721
{quote} Something like this But remember i could be wrong {image}
GOLD UPDATE ---- Stop @breakeven 4me CHART SPEAKS
GU intermediate UPDATE... liking the pa right now. At least it seems to be moving in the right direction. I will be holding to target if i see signs of weakness i might scale some out... But remember i ama Swing trader and not interested in scalps... Scalps wouldnt get me outta bed
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2023-08-04 at 14.37.57.png Size: 56 KB
  • #14,758
  • Aug 4, 2023 7:57am Aug 4, 2023 7:57am
Any opinions on putting sl on news set up cuz my i put mines on 1:2 r to w ratio and todays nfp news hit my sl then goes up and hit my tp
  • #14,759
  • Aug 4, 2023 7:57am Aug 4, 2023 7:57am
Quoting Isabella_D
XAUUSD H4, Swing up 1945, 1951, 1963. 1970; SL 1928 take care about bondyields y2,y30,y10 see you one day
Weren't you calling 1920 only a day or two ago?
  • #14,760
  • Aug 4, 2023 8:04am Aug 4, 2023 8:04am
Quoting parveenverma
{quote}As per long term wise the target become between 2035-2045. For short term if this hourly candle close above 1939 then the first possible target become 1957. Trade safe
It closed on 1938. 1957 achievable still??
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