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Make More Money - Eliminate DRAMA 11 replies

Just posting my trades, everyone is welcome but no drama 2 replies

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Gold with No Drama

  • #60,621
  • Jul 1, 6:41am (5 hr ago) Jul 1, 6:41am (5 hr ago)
What I can say is, it will be interesting week. My plan for me is still preparing for long positions. But still I don't see any finishing move of the trend yet. It will be brutal down wick with quick rejection and a flat move for days or awhile, i don't know. So be careful.
  • #60,622
  • Jul 1, 6:49am (5 hr ago) Jul 1, 6:49am (5 hr ago)
Quoting BeeTogether
Now will 4030 be the barrier like it has been all week
it broke through, dear sir
  • #60,623
  • Jul 1, 6:49am (5 hr ago) Jul 1, 6:49am (5 hr ago)
Quoting Fnjb
What I can say is, it will be interesting week. My plan for me is still preparing for long positions. But still I don't see any finishing move of the trend yet. It will be brutal down wick with quick rejection and a flat move for days or awhile, i don't know. So be careful.
as I said very early London session 4020/4040 is my ideal areas to look for shorts last area is 4050 brake above 4050 will be sidelined for rest of the day! As I’m bearish personally till September FED is hawkish don’t forget
  • #60,624
  • Jul 1, 6:51am (5 hr ago) Jul 1, 6:51am (5 hr ago)
news in 25 mins.. lets see what it does to gold
  • #60,625
  • Jul 1, 6:52am (5 hr ago) Jul 1, 6:52am (5 hr ago)
Quoting Mrafi1982
news in 25 mins.. lets see what it does to gold
Might be a no trading day for me looking at the calendar for today and maybe even tomorrow
  • #60,626
  • Jul 1, 6:52am (5 hr ago) Jul 1, 6:52am (5 hr ago)
Good resistance at 4037 mutil touches left head right shoulders from yesterday at 4037. Push into 4040 for a sweep is possible or even for New York to run price to 4063

defo coming into short areas for London session but personally I’d wait till after 2pm unless see strong reaction on New York pre open
  • #60,627
  • Jul 1, 6:53am (5 hr ago) Jul 1, 6:53am (5 hr ago)
Looking forward to 4038 - 4045 as resistance
  • #60,628
  • Jul 1, 6:54am (5 hr ago) Jul 1, 6:54am (5 hr ago)
Quoting Goldylocks
{quote} as I said very early London session 4020/4040 is my ideal areas to look for shorts last area is 4050 brake above 4050 will be sidelined for rest of the day! As I’m bearish personally till September FED is hawkish don’t forget
yes of course 4050 is good to short .. actually I did it now @4035
  • #60,629
  • Jul 1, 6:54am (5 hr ago) Jul 1, 6:54am (5 hr ago)
Quoting Goldylocks
{quote} as I said very early London session 4020/4040 is my ideal areas to look for shorts last area is 4050 brake above 4050 will be sidelined for rest of the day! As I’m bearish personally till September FED is hawkish don’t forget
so what area are you looking at if you are still bearish
  • #60,630
  • Jul 1, 6:57am (5 hr ago) Jul 1, 6:57am (5 hr ago)
Quoting BeeTogether
Now will 4030 be the barrier like it has been all week
with all respect it wont last
  • #60,631
  • Jul 1, 7:00am (5 hr ago) Jul 1, 7:00am (5 hr ago)
Quoting funnybomb
{quote} with all respect it wont last
ideally I’d like to see 4100 but it’s a funny ol’ game
Insane in the Brain..
  • #60,632
  • Jul 1, 7:05am (5 hr ago) Jul 1, 7:05am (5 hr ago)
If the bottom line holds regardless of any news out come. I can expect, it will be last for a while, If that scenario happen, then i wont hoping see 3880 level soon.

But thats plan B. Plan A is still looking, will gold price able to touch my greenline, penetrate it to create new bottom, or will it reverse from there.
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  • #60,633
  • Jul 1, 7:07am (5 hr ago) Jul 1, 7:07am (5 hr ago)
Quoting Muxb7
{quote} so what area are you looking at if you are still bearish
mate do you understand what interest rate hikes do to gold and bonds ?

3885 at least to there that 100% will be tapped I’ve been saying this at 5250 reasons institutions want to fully knock retail out. And as stated bro on my insta if you would look 4040 was big stumbling block yesterday and crested left head right shoulders. No one can predict when orange man will speak but m_trades_p I’ve stated all my levels on my insta way before even got to this level I’m no wizard but I monitor institutions and don’t not even blink at retail
  • #60,634
  • Jul 1, 7:09am (5 hr ago) Jul 1, 7:09am (5 hr ago)
As stated few hours ago but then you get retail followers looking at levels where’s there no institutional orders at he says you can’t tell but thing is you can everyone reads the market different
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  • #60,635
  • Jul 1, 7:11am (5 hr ago) Jul 1, 7:11am (5 hr ago)
Quoting Goldylocks
{quote} mate do you understand what interest rate hikes do to gold and bonds ? 3885 at least to there that 100% will be tapped I’ve been saying this at 5250 reasons institutions want to fully knock retail out. And as stated bro on my insta if you would look 4040 was big stumbling block yesterday and crested left head right shoulders. No one can predict when orange man will speak but m_trades_p I’ve stated all my levels on my insta way before even got to this level I’m no wizard but I monitor institutions and don’t not even blink at retail
if clears 4040 final layer for me would be 4063 passes that I’m not trading till higher levels I’ve just found that it’s much less risk with so much more reward but like I say only opinions and each for there own best of luck dude
  • #60,636
  • Jul 1, 7:14am (5 hr ago) Jul 1, 7:14am (5 hr ago)
ADP news in less than 1 minute from now
  • #60,637
  • Jul 1, 7:15am (5 hr ago) Jul 1, 7:15am (5 hr ago)
Quoting Goldylocks
{quote} as I said very early London session 4020/4040 is my ideal areas to look for shorts last area is 4050 brake above 4050 will be sidelined for rest of the day! As I’m bearish personally till September FED is hawkish don’t forget
I think, It still too early and risky for Fed to determine will they change the rate or not in Q3and Q4, either raise or cut. The market already cooling down for the last 3 months.

Fed will be looking on July data, if the market become hot again. Then raise might happen. If it does flat, then the raise wouldnt be change soon, if July cooling down too much, then cut rate might happen. Gargoyle strategy with helps of Trump action, might help the Fed do the job without intervene market directly.
  • #60,638
  • Jul 1, 7:17am (5 hr ago) Jul 1, 7:17am (5 hr ago)
Deviation on the daily.

Reversal happening in my eyes.
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  • #60,639
  • Jul 1, 7:18am (5 hr ago) Jul 1, 7:18am (5 hr ago)
Quoting azhantahir
{quote} Overall still bearish for weekly and monthly. Bearish still not over yet. D1 uncertain, maybe just for a push start for July. Final bearish will complete its wave soon . Personally, I need a lower ask to become fully bullish. Hopefully, 3800 becomes reality for the final of Monthly Sweep. Just personal ideas; all depends on the current proposal. IMHO
How soon will final bearish complete its wave? And how do you come to that conclusion (elliot wave, harmonic cycle, etc)?
  • #60,640
  • Jul 1, 7:23am (5 hr ago) Jul 1, 7:23am (5 hr ago)
Quoting Deal
Still seeing 3922 to be taped... But 3974.380 is level, despite bears believe it or not and 4h respect it.... A 4h level but a level and sensitive to daily... I will be patience and wait for 3922 but open mind and if i loose a good trade is always better than have a loss... Safe trades.
tomorrow if NFP is good that is achievable
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