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- 34 Results (27 Replies , 7 Comments )
- PercyJames replied Jul 6, 2022
Just wanted to say thanks for showing your thoughts and please keep posting this thread. I use a similar method and also exclusive on XAU_USD - effectively swing trading but it tends to break down badly when no retracements are present. So right now ...
- PercyJames replied Jun 13, 2022
web trading app: url appears to be functional. IoS app down Also the API is down, which is unusual.
- PercyJames replied Jun 10, 2022
I consider myself a gold bull, but I do really hate it when the price moves like that (currently $1873). Even worse since I had a large long at $1832 and closed at $1833 because I figured they hadn't finished beating the crap out of the price and ...
- PercyJames replied May 13, 2022
That's a fair assessment and yes the flush has been a good reality check for me (to also research shorting strategies). Don't forget the core difference is central banks do hold this traded commodity as an asset on their balance sheet for whatever ...
- PercyJames replied May 13, 2022
Sure, but seeing DXY at 105 and Gold dip back past 1800 whilst global inflation is raging in double figures, is blowing my mind. If this can be construed as 'normal market behaviour' then it is simply the big guys flushing the toilet big-time on the ...
- PercyJames commented May 10, 2022
For years they have been trying to stoke inflation, then they achieved that with Pandemic printing-of-money. Mission accomplished, and now they get to harvest the market by playing pong with talking heads, whilst funnelling billions of public money ...
- PercyJames replied May 4, 2022
Yes, IOS Client is spakked as well as Java Desktop client on windows. Really annoyed, with FOMC coming up shortly. Hope they fix it.
- PercyJames replied Apr 28, 2022
Yes, I do - but the path is fraught with pain for anyone trying to trade it. My bullishness in the last week has been painful with the US Dollar surge. I have concluded this war is also a currency war so it is reasonable to expect ongoing price ...
- PercyJames replied Apr 21, 2022
Anyone got any thoughts on how they orchestrated the gold smash? I realise the price was overbought on Daily timeframe, but that's one helluva diagonal overhead resistance from April 18th on H1. So many times expecting to see that break and surge ...
- PercyJames replied Mar 15, 2022
It's just a matter of time - they have a long TODO list: 1. Flush all the new longs out of their position 2. Convince the market that the FED will actually carry through with all the interest rate rises and make it appear as if the market is ...
- PercyJames replied Feb 22, 2022
Agreed. I think it reflects the current political messaging - they are telling us simultaneously that they've invaded but they haven't yet or it's peacekeeping, that Russia will invade any day but they haven't yet. If not the gas, then certainly the ...
- PercyJames replied Feb 21, 2022
@skzand, can you describe how you use your information system to trade? Does the major or minor prediction give you hints about the direction or do you have to see from the follow-through action? Regards,
- PercyJames replied Feb 17, 2022
Now kicking myself for not being more careful with my XAU_USD trade. Weeks ago I discarded the idea of a 'war trade' partly because it seemed unethical but mainly I looked at the data and concluded Russia had no intent to war. I did not consider the ...
- PercyJames replied Feb 14, 2022
Does anyone think they will try painting a head-and-shoulders on XAU_USD? Coupled with huge volume from the sabre-rattling, the robots would eat that up. Madness in the price anyways ... stay safe.
- PercyJames replied Feb 11, 2022
I hate it when they use Friday night to do their market manipulation. XAUUSD is interesting because this event may push the price up and over that diagonal overhead resistance all the way from $2074 back in August '20 (seem on erap's chart above). ...
- PercyJames replied Feb 9, 2022
Plenty of fackey in that subsequent move. The price action smells like a fresh turd.
- PercyJames replied Feb 8, 2022
That move to 1828 seemed to be just clearing out all the shorts stop losses, but it was nonetheless impressive : )
- PercyJames commented Feb 7, 2022
Sounds right on cue - they need to smash gold again
- PercyJames commented Feb 4, 2022
I think it played out exactly how they intended it, especially with the 'oh noes, covid' prelude ;p
- PercyJames replied Feb 3, 2022
Stop losses are just market orders. Admittedly our retail orders are just fodder but it's worth noting once those orders are visible to the bucket shop, other parties can use that information in their own buy/sell calculations - so using SL's is ...