Gold with No Drama

back online , our light went off for hours, this Ghana so sometimes we get power outages , we don't go offline always because a trade didn't go our way,
this is trading you can't win always but win most and no one can say he has 100% win rates , only fraudsters can deceive you with such words with no evidence.
we win most not always, because even central banks sometimes get it wrong .

Has it been official? Trump has signed the bill to end shutdown?

4162 doesn’t want to break and 4185 dont want to break hahaha
Talk about crisis

How golds got me feeling today

https://abcnews.go.com/Politics/wire...fast-127506162

Nothing want to break then better to grab some pips from both side till clear direction atm but if we see 4hr and 1hr candles its looking bearish and want to go down. It has already rejected 4240-45 area with solid red candles.

got my SL for the second long from 4160 at B/E if it hits will re-enter later

Gold is looking like garbage on the lower time frime. Higher highs, lower lows, flatlined for like 15 minutes now. Patterns broke and nobody can decide.

He signed it Wednesday night.

What we are seeing now is due to what Fed members have said during the last two days, and details that we might not receive some of the jobs data, some key parts of data collection are missing, and that affects the next CPI calculation.

Start of week fed cut was 67%, likely, that with news of the end of the shutdown nearly agreed, is why from early Monday to late Wednesday we saw speculation on the cut, and to get in a good position if there isn't a cut.

Cut chance is now a coin toss = indecision, wait for more data. It will probably be annoying like this until the first data. Comex futures daily & 4-hour are looking down, but futures move on data, and spot moves from futures.

Looking at USDX and its at key levels. Lets wait for pre-NY and see what happens now.

Automatic TP hit at 4210 while sleeping. Took a short without analyzing at a random place at 4168. I know it will work, downtrend is strong

closed all

still have that damn long from 4230 however gone short at 4160 TP may grab a few before a move up

a sell at 4170-75, sl at 4190, more sells expected , market wanted to sell more so if you bought on buy zone in a bullish market and it breaks the zone , you weren't wrong market decided to sell more and you can't stop it

I hope there is an SL for the long

no, i only use SLs once i am a clear 30(0). See a potential move back to 4190 later which will be ample for a b/e from a hedged trade

Yeah, haha. That’s because they know a lot of retail can’t wait to enter. Everyone piles into buys or sells and starts panicking until the big boys are done and decide the next move. Momentum candles and strings of full-body candles are the big boys moving price cleanly. We retail traders try to see where they’re going and ride with them. But the big boys know this, so they sweep and fake to mess with the emotions of retail who don’t yet recognize or control their emotions. They know people say I won’t trade today, but can’t wait. Then one big candle pops, FOMO hits, and they jump into the wrong positions exactly as engineered.
That’s why you get so many stretches where price goes nowhere, bouncing from one key level to another in a small range. First they play with the impatient ones and the people who rush without waiting for candle closes and a clean reclaim or hold. That’s also why I don’t do many market executions. I mainly use stop orders. I don’t need the best price. I just want to ride with the big boys when they give a clear path. I only add when I’m winning. I never add to losing trades. That’s my discipline. Let winners breathe. Cut or reduce losers fast. I let price come to me with stop orders to avoid fakeouts.
And be honest. If you’ve got one-click trading on the chart and you use it, that’s what they want. That option exists for a reason, to make you click as much as possible, because most retail reacts to the emotions the big boys are provoking. It’s the same with martingale. People think if I lose this trade I double the lot size every time I lose so I can take it back when I win. That’s gambling at its finest. That’s what they want, for us to gamble like in a casino. That’s also why the best poker players are the best. They can hide emotions, recognize them, and control them. They also calculate risk. It’s the same in trading.
Observe the table and all the people who are playing, just like observing the market look at action between buyers and sellers because that are the players of this game. You see it again. Price tapped 4158 in the 4162–4158 zone and buyers reacted.

Thats' the spirit.

Price moving to 4210 and moving below 4190 from there is a sign of more push downwards and if we are able to close below 4155 then we will move to atleast 4125-20 .