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  • #281
  • Jan 19, 2021 8:32am Jan 19, 2021 8:32am
Quoting Kaysole
I have entered some short positions in gold and am looking for a target of 1830. Let's see how it holds up.
good luck dude hope it works...
  • #282
  • Jan 19, 2021 8:45am Jan 19, 2021 8:45am
Quoting Kaysole
I have entered some short positions in gold and am looking for a target of 1830. Let's see how it holds up.
Good risk/reward ratio
  • #283
  • Jan 19, 2021 9:01am Jan 19, 2021 9:01am
we tried and failed this level yesterday lets hope it can break today open up 1.58
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  • #284
  • Jan 19, 2021 9:05am Jan 19, 2021 9:05am
Quoting Billion.pips
Your thoughts ??? {image}
Cool
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Perseverance will pay
  • #285
  • Jan 19, 2021 1:23pm Jan 19, 2021 1:23pm
I have a live Trade Explorer come have a look i hope it helps someone
  • #286
  • Jan 19, 2021 1:45pm Jan 19, 2021 1:45pm
Hi y'all traders,
Well done those long GU, my shorts still waiting for a move south of it comes.
Compulsions can be hard to resist
  • #287
  • Jan 19, 2021 8:38pm Jan 19, 2021 8:38pm
Biden takes office today. Any thoughts on USD?

If Yellen is going to take charge again, it should spell stronger USD. But there is stimulus looming so...
  • #288
  • Jan 20, 2021 1:45am Jan 20, 2021 1:45am
Quoting kCBHk
Biden takes office today. Any thoughts on USD? If Yellen is going to take charge again, it should spell stronger USD. But there is stimulus looming so...

BELOW is my mentors view on few pairs all pointing towards a stronger USD against the associAted pairs ...
I have been buying USD dips in 2021 and will continue to do ... hope some of this helps ...

“THERE ARE ABOUT 3 STORIES THAT INTEREST ME OVERNIGHT... ALL IN THE SOUND BITES..... THE ECB STORY ABOUT YIELD CURVE SPREAD CONTROL (NOT TOTAL YCC) BUT STILL SHOULD BE A TAD DOVISH AND WHY I STARTED TO SELL EURUSD AGAIN.... FURTHER... THE CHINA STORY AROUND COVID THAT CUTS PARTS OF THE INDUSTRIAL HEARTLAND AGAIN AND WORRIES AROUND IRON ORE THAT USUALLY SHOULD BE BAD FOR AUDUSD.... FURTHER A PROFESSOR FROM CHINAS MOFCOM SEES USDCNH AT 6.50 TO 6.80 SO A WEAKEING OF CNH THIS YEAR ( USUALLY WE DO NOT TAKE VIEW OF A PROFESSOR SERIOUS BUT REMEMBER THIS IS CHINA.. NOTHING GETS PRINTED THAT HASNT GOT THE GREEN LIGHT FROM BEIJING AND MAYBE SUITS THEM THAT THIS GETS PRINTED........

FURTHER MORE FROM YESTERDAY... IT SEEMS THE SOMEWHAT HARD LINE WITH CHINA IS HERE TO STAY UNDER BIDEN TOO.. SOMETHING THE EQUITY MARKET MIGHT HAVE TO THINK ABOUT ONE DAY THAT ALL WILL NOT BE BACK TO HOW IT WAS , ONCE TRUMP IS GONE”
  • #289
  • Jan 20, 2021 3:36am Jan 20, 2021 3:36am
started a short cable 1.3690 only in 1/4 size with adds higher lets see where it takes me... keeping the buy the usd dip mantra (this is not trading advice hahaha )
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  • #290
  • Jan 20, 2021 7:50am Jan 20, 2021 7:50am
Quoting allinazi
{quote} BELOW is my mentors view on few pairs all pointing towards a stronger USD against the associAted pairs ... I have been buying USD dips in 2021 and will continue to do ... hope some of this helps ... “THERE ARE ABOUT 3 STORIES THAT INTEREST ME OVERNIGHT... ALL IN THE SOUND BITES..... THE ECB STORY ABOUT YIELD CURVE SPREAD CONTROL (NOT TOTAL YCC) BUT STILL SHOULD BE A TAD DOVISH AND WHY I STARTED TO SELL EURUSD AGAIN.... FURTHER... THE CHINA STORY AROUND COVID THAT CUTS PARTS OF THE INDUSTRIAL HEARTLAND AGAIN AND WORRIES AROUND IRON ORE THAT...
I also believe that the tide is turning for the US dollar to strengthen. It may take some time though.
  • #291
  • Jan 20, 2021 7:51am Jan 20, 2021 7:51am
Quoting allinazi
started a short cable 1.3690 only in 1/4 size with adds higher lets see where it takes me... keeping the buy the usd dip mantra (this is not trading advice hahaha ) {image}
Good trade, you're probably in the money now.

I'm also shorting cable and have some sell limits above the current price. My target for the time being is 1.36420, what's yours?
  • #292
  • Edited 9:34am Jan 20, 2021 9:13am | Edited 9:34am
Quoting Kaysole
{quote} Good trade, you're probably in the money now. I'm also shorting cable and have some sell limits above the current price. My target for the time being is 1.36420, what's yours?

hey man yes I’m all out of it nice quick and easy that’s how we like it

looking around for some other stuff now...

Quoting Kaysole
{quote} I also believe that the tide is turning for the US dollar to strengthen. It may take some time though.

yes i would agree with you there....

i will stick to buy USD dips sell them out and keep a core position and keep repeating... wont really have to0 much risk exposure on usd just yet
  • #293
  • Jan 20, 2021 4:34pm Jan 20, 2021 4:34pm
A nice move up again for the S&P 500
Does anyone else buy this index ?
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Gr88888
  • #294
  • Jan 20, 2021 7:31pm Jan 20, 2021 7:31pm
i call long for gold last week but change to short after seeing others analysis. now i regret not trusting my own system.
Attachment g
it still close in profit but could have made much more.
Lessons to learn.

My target profit is 250 a week.
  • #295
  • Jan 20, 2021 9:32pm Jan 20, 2021 9:32pm
Quoting allinazi
{quote} BELOW is my mentors view on few pairs all pointing towards a stronger USD against the associAted pairs ... I have been buying USD dips in 2021 and will continue to do ... hope some of this helps ... “THERE ARE ABOUT 3 STORIES THAT INTEREST ME OVERNIGHT... ALL IN THE SOUND BITES..... THE ECB STORY ABOUT YIELD CURVE SPREAD CONTROL (NOT TOTAL YCC) BUT STILL SHOULD BE A TAD DOVISH AND WHY I STARTED TO SELL EURUSD AGAIN.... FURTHER... THE CHINA STORY AROUND COVID THAT CUTS PARTS OF THE INDUSTRIAL HEARTLAND AGAIN AND WORRIES AROUND IRON ORE THAT...
USD buyers getting smoked so far...
  • #296
  • Jan 20, 2021 10:00pm Jan 20, 2021 10:00pm
Quoting bUbai
i call long for gold last week but change to short after seeing others analysis. now i regret not trusting my own system. 3841007 it still close in profit but could have made much more. Lessons to learn. My target profit is 250 a week.
Hi bUbai, while at times it could be very constructive to discuss trading ideas, it could sometimes lead to analysis paralysis as well. But it's a good sign that your own system was accurate.

What are your thoughts on gold now? I, myself, am currently short and believe it could go down to at least 1845. Of course, I could be wrong though.
  • #297
  • Jan 20, 2021 10:05pm Jan 20, 2021 10:05pm
Quoting kCBHk
{quote} USD buyers getting smoked so far...
Hi kCBHk, I know your post wasn't directed to me, but I think what allinazi meant by his analysis was more long term. It might be a little hasty to jump the gun after a couple days.
  • #298
  • Jan 20, 2021 10:15pm Jan 20, 2021 10:15pm
Quoting JayBag
{quote} Man oh man.. As a matter of fact, I have summoned spike Lee and the e tire family for a quick meeting.. He needs to get he’s act in order.. it will be my last warning .. Ive given him more than enough chance to redeem himself Lets see how he behaves after the meeting
I guess the intervention worked with Mr. Lee

Hats off to the excellent call Jay, you said it would reach 1.37146 and you nailed it.

I'm shorting cable now and looking for a target of 1.3635. What are your current positions?
  • #299
  • Jan 20, 2021 11:52pm Jan 20, 2021 11:52pm
Quoting Kaysole
{quote} I guess the intervention worked with Mr. Lee Hats off to the excellent call Jay, you said it would reach 1.37146 and you nailed it. I'm shorting cable now and looking for a target of 1.3635. What are your current positions?
Hey K,

Hope you good buddy.. Thanks
Mr Lee been rouge for too long but I am glad he's back on track

Been a bit busy with moving office on this side hence I could bare find time to post.
Uhm, I would not sell just yet. I think 1.3900 is up in the card NEXT? No? Let's observe 1.37146 again, if we close above, then it may likely shoot straight to 1.3900..
'
See how bullish GOLD is? I think we probably ready for a new high? Main reason I mentioned i would rather buy dips than sell it.. But I have no position on it..

StaySafe
  • #300
  • Jan 21, 2021 12:06am Jan 21, 2021 12:06am
Quoting JayBag
{quote} Hey K, Hope you good buddy.. Thanks Mr Lee been rouge for too long but I am glad he's back on track Been a bit busy with moving office on this side hence I could bare find time to post. Uhm, I would not sell just yet. I think 1.3900 is up in the card NEXT? No? Let's observe 1.37146 again, if we close above, then it may likely shoot straight to 1.3900.. ' See how bullish GOLD is? I think we probably ready for a new high? Main reason I mentioned i would rather buy dips than sell it.. But I have no position on it.. StaySafe...
For my sake, I hope cable doesn't close above that number

About gold, yeah it does look like it's about to skyrocket, but I feel it has room to go down. I could be wrong, though.
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