and nothing to stop it.. uh oh

What's that in USD?

creepy Gold, any suggestions on tp?

Hopefully, but do you know what his business is? I mean he's not being paid by those referred to low-income americans, but by other parties. My theory is, that given that he is still owning his position, he can't be doing too bad a job, can he? ...

both eur and usd holding each other . bad news though, if gold is the only thing that moves that means our paper money isn't worth anything (if it continues that way in the longer term).

Well, gold has risen by 13 USD since his speak, nothing?

Won't be easy money I suppose, given these uncertainties. Bigger moves in both the directions do not necessarily indicate anything here, we'll see where the smart money goes..

that would mean it only takes some more time to convince before breaking newer lows, no?

I did, but it didn't tell me anything yet (could be a divergence and shoot up deferred, could be stalled and shoot down to build a leg either). What's more likely given the end of day, week and month?

Strongly depends, could also be an indication for that thing finally losing its balance.

What does it tell us if XAU/USD is rising but EUR/USD is not?

Gold about to break 1550, geez.

So he's got nothing new to say.

Certainly, although it does not change the probabilities. You can risk the same percentage no matter what the number of the balance, the rest is emotions. Anyway, you're right, a too tight SL will give more loss than protection.

Like it did now. Yes of course, especially in low liquidity times (seldom breaks). But why do you have a SL as large as your TP then? Seems 10p is enough, risk reward 1:4.

Why do you need such a large SL in range-bound trading? If it breaks out of that 35..75, you should better close out quickly. So your risk reward can be much better.

bet on that, impacts every */USD, USD/* pair.

Hello all. Things are too noisy today, they wouldn't agree on even 10p at a time, randomly up and down, in a tight range, don't like to battle against HFTs. After being whipsawed two times trying to following that mess, I decided to do what can ...

trade voided. falling asleep here, cya for US session.