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  • #38,901
  • Aug 19, 2024 4:39am Aug 19, 2024 4:39am
Sold 2507 again on retest, smaller as its second time round
I only follow traders with IQ above 160
  • #38,902
  • Aug 19, 2024 4:43am Aug 19, 2024 4:43am
Quoting MIKKI
{quote} Support at 2485 that's me waiting there to pull trigger and take my greens
That spot is nice but I can't rule out a deeper retracement as market is bouncing off the overbought, that would be normal behaviour.
We watch the charts from every angle so you don't have to!!
  • #38,903
  • Aug 19, 2024 4:43am Aug 19, 2024 4:43am
Quoting determinato
{quote} Overall the economy is down, markets haven't recovered from last month's NFP yet and the reports leading upto it, even though the labor market seems to be tightening again its not enough data to show that the economy is recovering. Safe haven appeal during the war and interest rates is literally what kept DXY up all this time or it should have got under 100 by Q1 '24 Retail sales is seasonal it's not a strong enough indicator to shift market sentiment, labor market seems to be tightening again so a convincing NFP report could change momentum,...
Thank you and noted that Retail Sales is a kind of seasonal data and labor data has bigger impact now.
  • #38,904
  • Aug 19, 2024 5:00am Aug 19, 2024 5:00am
Hey everyone, just back around. Hope your week has started well. With gold here, I think the shorter time frame shows us it's easy to see a pullback is due, but I believe we should only pull back to this rectangle area as the daily clearly shows we are not done to the upside. I would bet the farm that price touches 2520 and maybe a tad higher at least one more time before any significant pullback
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TechKnow
  • #38,905
  • Aug 19, 2024 5:26am Aug 19, 2024 5:26am
Quoting Bflyfx
Sold 2507 again on retest, smaller as its second time round
while ppl talk about the weather I have gone for a swim.
Closing more. Week is done for me!!
I only follow traders with IQ above 160
  • #38,906
  • Aug 19, 2024 5:32am Aug 19, 2024 5:32am
Quoting Bflyfx
{quote} while ppl talk about the weather I have gone for a swim. Closing more. Week is done for me!!
uncomitted and just plain lazy
Its all just one persons opinion
  • #38,907
  • Aug 19, 2024 5:38am Aug 19, 2024 5:38am
Quoting axecap
{quote} uncomitted and just plain lazy
Him? Yeah lazy bastard!!
We watch the charts from every angle so you don't have to!!
  • #38,908
  • Aug 19, 2024 5:48am Aug 19, 2024 5:48am
Quoting Techknow
Hey everyone, just back around. Hope your week has started well. With gold here, I think the shorter time frame shows us it's easy to see a pullback is due, but I believe we should only pull back to this rectangle area as the daily clearly shows we are not done to the upside. I would bet the farm that price touches 2520 and maybe a tad higher at least one more time before any significant pullback {image}
Satisfied the retrace. We could go deeper but I will go ahead and look for a long to my next TP.
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TechKnow
  • #38,909
  • Aug 19, 2024 5:53am Aug 19, 2024 5:53am
Watching how much it may correct ! Daily doji to counteract if to bull again !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #38,910
  • Aug 19, 2024 5:57am Aug 19, 2024 5:57am
Time to take some chips off the table and hedge rest.
Target 2520
We watch the charts from every angle so you don't have to!!
  • #38,911
  • Aug 19, 2024 6:02am Aug 19, 2024 6:02am
Quoting pedro319
Time to take some chips off the table and hedge rest. Target 2520
I've got pending up there but think I will hang on to the shorts already running. Dont mind an up and back down again
Its all just one persons opinion
  • #38,912
  • Aug 19, 2024 6:03am Aug 19, 2024 6:03am
Quoting pedro319
Time to take some chips off the table and hedge rest. Target 2520
Looking at smaller tfs for patterns which may or not indicate the nature of this pullback.
1 min chart loaded!!
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We watch the charts from every angle so you don't have to!!
  • #38,913
  • Aug 19, 2024 6:10am Aug 19, 2024 6:10am
Quoting pedro319
{quote} Him? Yeah lazy bastard!!


not everyone so keen on staying in front of the pc
have a good day.
I only follow traders with IQ above 160
  • #38,914
  • Aug 19, 2024 6:20am Aug 19, 2024 6:20am
Quoting Bflyfx
{quote} not everyone so keen on staying in front of the pc have a good day.
someone has to do it.... what do you think would happen if we all just went for a swim!
Its all just one persons opinion
  • #38,915
  • Aug 19, 2024 6:23am Aug 19, 2024 6:23am
1 min
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We watch the charts from every angle so you don't have to!!
  • #38,916
  • Aug 19, 2024 6:24am Aug 19, 2024 6:24am
Quoting ScalaFX
{quote} ok, starting builiding shorts one more time from 2495, will add every 5$ till 2550
partials taken, earliers closed, best protected, full loss recovered from last week, if stop hit will be opening higher like previous plan till 2540-50
People don't plan to lose. They lose because they don't plan.
  • #38,917
  • Aug 19, 2024 6:26am Aug 19, 2024 6:26am
Quoting pedro319
1 min {image}
Can you be so kind to explain little bit more what such figure means
  • #38,918
  • Aug 19, 2024 6:27am Aug 19, 2024 6:27am
Quoting pedro319
1 min {image}
you Bfly D1 is ready from 2509 or 2520?
People don't plan to lose. They lose because they don't plan.
  • #38,919
  • Aug 19, 2024 6:30am Aug 19, 2024 6:30am
Quoting Gadich
{quote} Can you be so kind to explain little bit more what such figure means
This represents a potential bullish pattern.
We are at H1 support.
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We watch the charts from every angle so you don't have to!!
  • #38,920
  • Aug 19, 2024 6:30am Aug 19, 2024 6:30am
Quoting ScalaFX
{quote} you Bfly D1 is ready from 2509 or 2520?
I'll give pullback chance until at least 2483, otherwise 2477 - 2470 will be even better, as 2470 as been a formidable resistance before on higher TF's.
"Who Dares Wins"
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