This is GU daily chart. Before you can think of reversal, that price will reach 1.24933. So, take your mind off reversal now.{image}
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just for a cup of coffee...
- #18,001
- May 30, 2019 11:46am May 30, 2019 11:46am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
️ - #18,002
- May 30, 2019 12:02pm May 30, 2019 12:02pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
see you all later
bed time
bed time
just for a cup of coffee...
- #18,005
- May 30, 2019 2:40pm May 30, 2019 2:40pm
- Joined Feb 2011 | Status: Trader | 6,018 Posts
another sweet coffee for me today
Possible scenarios for gold:
1. True breakout, bullish case. However, weak bull, thus the low volume. Retraces to 1280 maximum. Trade plan would be to buy on dips with TP at 1293 or 1303. If truly ambitious, 1310.
2. Just safe haven buying, gold falls back to below 1280. Trade plan would be to sell, hold and collect swap. Target would be the next support level of 1269.
3. Day closes above 1287, Asian session continues the buying, we see price sustained above 1287. After London open, we might minor dips along the way possibly but not falling below 1280. Pushes for 1293. Trade plan would be to buy on dips, as close to 1283 or 1285 as possible.
Which will pan out? No idea!
1. True breakout, bullish case. However, weak bull, thus the low volume. Retraces to 1280 maximum. Trade plan would be to buy on dips with TP at 1293 or 1303. If truly ambitious, 1310.
2. Just safe haven buying, gold falls back to below 1280. Trade plan would be to sell, hold and collect swap. Target would be the next support level of 1269.
3. Day closes above 1287, Asian session continues the buying, we see price sustained above 1287. After London open, we might minor dips along the way possibly but not falling below 1280. Pushes for 1293. Trade plan would be to buy on dips, as close to 1283 or 1285 as possible.
Which will pan out? No idea!
If you want in on my experimental EA, PM me.
- #18,010
- May 30, 2019 4:10pm May 30, 2019 4:10pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
{quote} Paying the swap is not cool though....
can hold as long i want
️ just for a cup of coffee...
- #18,011
- May 30, 2019 4:11pm May 30, 2019 4:11pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
{quote} You're a man of steel akim - I need something a lot stronger!!
its FRY day
end of month too
️ just for a cup of coffee...
- #18,013
- May 30, 2019 4:16pm May 30, 2019 4:16pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
{quote} Good morning...plan for today?
nothing yet
still early
maybe before frankfurt or london
️ just for a cup of coffee...
{quote} I think G/J will go down at Asia and Europe/London session. Not so sure about NY session-considering its Friday plus news on USD... So we may see a reverse in first 2-3 hours of NY session.
If you want in on my experimental EA, PM me.
{quote} Seems like JPY being bought early...I actually expected the JPY to soften during Asian session and gold to unwind a little...seems like I'm wrong...what's new
Maybe...
If you want in on my experimental EA, PM me.
- #18,018
- May 30, 2019 7:30pm May 30, 2019 7:30pm
Hah... Did you see the intraday carry trade?
Yes Cad/Jpy...
Let's see if G/U will fall on London session(that would bring sh#t load of cash)
U/J may stall on London...
Time to sleep.
Not early at all... Check your timing...
Yes Cad/Jpy...
Let's see if G/U will fall on London session(that would bring sh#t load of cash)
U/J may stall on London...
Time to sleep.
{quote} Seems like JPY being bought early...I actually expected the JPY to soften during Asian session and gold to unwind a little...seems like I'm wrong...what's new
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