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  • #44,881
  • Sep 27, 2024 7:25am Sep 27, 2024 7:25am
Core PCE in 5 minutes...
Are you scared folks, are you shaking?

LoL
  • #44,882
  • Sep 27, 2024 7:26am Sep 27, 2024 7:26am
PCE Price index 0.2%
  • #44,883
  • Sep 27, 2024 7:27am Sep 27, 2024 7:27am
Quoting Whale
Very important level 2625.75
Somewhere around there yeah. Many of us are seeing something there, therefore it's probably a major Support.
  • #44,884
  • Sep 27, 2024 7:29am Sep 27, 2024 7:29am
liquidity around 2677-2680 should be taken by today after a rejection in that area i see downward move.
  • #44,885
  • Sep 27, 2024 7:32am Sep 27, 2024 7:32am
Forget PCE... complete bullshit of the data. Both Spending and Income are down which just confirms how weak the economy really is.
  • #44,886
  • Sep 27, 2024 7:34am Sep 27, 2024 7:34am
Just curious on everyone’s thoughts. Why does anyone think Gold will drop. I can only see it going up
  • #44,887
  • Sep 27, 2024 7:35am Sep 27, 2024 7:35am
The numbers could get us back to new high tho
  • #44,888
  • Sep 27, 2024 7:36am Sep 27, 2024 7:36am

dont let us down
  • #44,889
  • Sep 27, 2024 7:37am Sep 27, 2024 7:37am
I'd be as careful with the Longs now as I would be with the Shorts. For which reason I ain't doing anything today.
  • #44,890
  • Edited 9:34am Sep 27, 2024 7:37am | Edited 9:34am
long at : 2670
Sl : 2658(sl hit )
Tp : open
---------------------
Add long at : 2668
Sl : 2664(sl hit )
Tp : 2674
---------------------
  • #44,891
  • Sep 27, 2024 7:38am Sep 27, 2024 7:38am
Don't open trade just because you expecting something from the data, even if it go along and let you have green pips, it just pure gambling. You may win, you may lose and just some revenge trade to burn out your account. Chances always come if you wait for it
  • #44,892
  • Sep 27, 2024 7:44am Sep 27, 2024 7:44am
Quoting PushnPull
Don't open trade just because you expecting something from the data, even if it go along and let you have green pips, it just pure gambling. You may win, you may lose and just some revenge trade to burn out your account. Chances always come if you wait for it
What do you mean " expecting" ? The data came out we know what is, so it's not expecting but reacting
  • #44,893
  • Sep 27, 2024 7:44am Sep 27, 2024 7:44am
Quoting KuvyKemp
Just curious on everyone’s thoughts. Why does anyone think Gold will drop. I can only see it going up
no one know when it drop. But because of month end, this time quarter end too, things could go dramatically. The ideas is to not be overconfident and expect the unexpected.
  • #44,894
  • Sep 27, 2024 7:45am Sep 27, 2024 7:45am
A moment of silence for our fallen brothers and their shorts.

Dont worry eventually your shorts will be in blue, risk management and stop loss is key!
  • #44,895
  • Sep 27, 2024 7:45am Sep 27, 2024 7:45am
0.1 already expected ?
  • #44,896
  • Sep 27, 2024 7:46am Sep 27, 2024 7:46am
Quoting KuvyKemp
Just curious on everyone’s thoughts. Why does anyone think Gold will drop. I can only see it going up
Shhh, you don’t ask such questions like this
  • #44,897
  • Sep 27, 2024 7:47am Sep 27, 2024 7:47am
Quoting d1zzy
A moment of silence for our fallen brothers and their shorts. Dont worry eventually your shorts will be in blue, risk management and stop loss is key!
I mean the day has been gorgeous for shorts all morning so no reason to feel sorry for the shorts, when you trade intraday there is not beeing right or wrong you can short and long easily the same day, you guys are married to your bias
  • #44,898
  • Sep 27, 2024 7:48am Sep 27, 2024 7:48am
Quoting SnakeDok
{quote} What do you mean " expecting" ? The data came out we know what is, so it's not expecting but reacting
Sorry because of the delay, I got to answer the phone while writing before the data. But you know the idea. I always close positions that price stay so close to when the news about to come.
  • #44,899
  • Sep 27, 2024 7:54am Sep 27, 2024 7:54am
Quoting SnakeDok
{quote} I mean the day has been gorgeous for shorts all morning so no reason to feel sorry for the shorts, when you trade intraday there is not beeing right or wrong you can short and long easily the same day, you guys are married to your bias
Fair, I did the same only with longs.

I’d never trade against the trend, intraday or not. Good on you for catching them and making money though it’s something I would never do myself!

Loads of great traders here who catch the falling knife it’s just not for me. Lot of people here were sitting on shorts in hope the data would shoot it down so, coz they think a retracement is “due”

Maybe it is, but according to PA tho it’s not.
  • #44,900
  • Sep 27, 2024 7:57am Sep 27, 2024 7:57am
Quoting d1zzy
{quote} Fair, I did the same only with longs. I’d never trade against the trend, intraday or not. Good on you for catching them and making money though it’s something I would never do myself! Loads of great traders here who catch the falling knife it’s just not for me. Lot of people here were sitting on shorts in hope the data would shoot it down so
The feeling of getting rich quick just so irresistible. You can't blame them
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