AudUsd long
GbpUsd long
EurUsd long
Gold long
GbpUsd long
EurUsd long
Gold long
1
Disliked{quote} Hi darkangel13, been following your thread for a while. This is what I personally see, I am staying bearish as long as the price is rejected below 1842-44 (your old support and coincidentally, MA 200). Also looking at 1800 as initial target, as it is a huge, even number and that's where the MA 100 is, as well as FIB 50. Now I am not expert, so I am not sure how accurate my chart is. Best regards and thank you for the quality thread. (Again, sorry for the crappy chart). {image}Ignored
Disliked{quote} Yes definitely. And with the change in sentiment from the Fed who are now more comfortable with increasing interest rates earlier than expected. From what I can see, this drop was a long time coming. It had been going up non-stop with no visible retracement moves and finally with the Fed deciding to turn more hawkish, this is definitely going to be a change in market moves. Lower highs and lower lows in Gold and higher highs and higher lows on all USD pairs. Definitely expecting reversals at this stage.Ignored
Disliked{quote} Yes definitely. And with the change in sentiment from the Fed who are now more comfortable with increasing interest rates earlier than expected. From what I can see, this drop was a long time coming. It had been going up non-stop with no visible retracement moves and finally with the Fed deciding to turn more hawkish, this is definitely going to be a change in market moves. Lower highs and lower lows in Gold and higher highs and higher lows on all USD pairs. Definitely expecting reversals at this stage.Ignored
DislikedWhat do we expect? This is not the first time the price has moved much north or south. It creates a special image bearish or bullish in us traders and we start acting based on that, we have had bearish movement then most people are looking for short positions. But if everyone sells then who buys then? We must learn to distinguish between short term strategy and long term strategy which is normally linked to capital size. Traders with large capital can start positioning quite earlier than those with smaller ones, using a larger buying / selling range...Ignored
DislikedYou are right, it retracement time. lets see whats next. I am buying Gold with SL below 1800, I dont recommend this if you trade with small capital. Buying EG with SL 0,8557. EurCad in 123bullish on 4hr, I am not taking this one.Ignored