Real Trading

gold
sell.., with the opening of new H4 bar.., SL70pips, TP 240pips
can be wrong.., of course
M1

H4

P.S.watching if 1785 will break

added sell at 1784.94 & 1786

for me or 1795 or to PP 1750th (DeMark's 1766th).., and 1788.61( do not remember, but I have this line.., will it work out (?)) is the last point I will stay till

After the biggest single interest rate rise in 27 years by the BoE, the GB£, down over 17.61¢ in the last 12 months, rose a whole 0.1¢ (0.08%) against the US$.

That’s dire.
The UK economy looks so trashed & badly led, few even want free £s.

GU

The Bank of England raised its key interest rate by 0.5% as expected to 1.75%. The BoE forecasted a recession for the UK economy in the fourth quarter.
The pound dropped 0.5% on the news and the yield curve inverted for the first time.

Attached Image (click to enlarge)

NFP Day

Is life would be good if there was no NFP or FOMC. ?

Hate or love them events, just like Thor God of Love and Thnder

NFP used to hit!

Back in the day like 2015-2016 and 2019
Enjoying the spiking, not like Y2000, Y2010 where NFP is non event.

This better than going to Casino or coin flipping.

Bailey:
- Expecting inflation to be around 13% at the year's end and to remain this high in 2023 for some time
- Economy slowing down, expecting to hit a recession later this year
- From now on, all options are on the table considering interest rate hikes and we will not tell you anything in advance
- Intend to start active government bond sales worth around 10 billion pounds a quarter from next month
- Inflation to peak at 13.3%

Yo Pat I was thinking about something.
It goes like this: how about using a strategy before High-Impact news like NFP today, what I mean is Buy Stop and Sell Stop orders.
What I would do I would put Buy Stop at around 15-20 pips higher than a price and if the news go in my way Buy Stop activates and I get all the pips from the news impact. Vice versa for Sell Stop. What do you think about this strategy, because then you don't risk going in before news, you wait the price to either come your way and earn or not and not earn but then you don't lose anything.

Bro I’m telling U Nasdaq turns into the devil on NFP days

Poor guy.
What I like about him however, is when he speaks. I always get a good laugh at how nonsensical he can be in his speeches haha .
Biden: "You wanna know if vaccines work or, there is a man on the moon,...I mean they work, (asking the guy next to him then) they work right? you see it works"

If NFP bad today ... means hikes are working and inflation should come lower and we RIP.

If NFP good today then labor market holding and soft landing on hikes and we RIP.

Right ?
Someone fight and argue against me on this.................

gold
sell to continue
after some loses yesterday.., I left one (worst) position to see "where we are".., now around 50 pips (-) negative
I've got "return" already..,
and I'd love to get if today PP is "the lowest point" and she will return to 1795, 1800, 1810 (???)
or continue down in direction to yesterday "missing"PP

M1
H4

...still watching 1788.61

UJ

Friday.....it is.

Taking out for NFP event in few.

AJ sell limit.

Added 93.33
same sl.

Last added, now time to cool down.

AJ updated chart, seems we are on the right track
updated chart

+1% Dow Jones, doubted but went in anyways

full session https://sharevision.com/video/e9V73a

Yo Pat congrats! Got a question though. Why on earth did you go short at 133.954 on bullish candle? You are that mad genius I don't understand .

Anyways, this week we are going to be bombarded with action yet again. CPI (USD) Wednesday and GDP (GBP) on Friday. Because of how strong Wednesday will be I don't expect much play on Monday and Tuesday. No news, probably some range play. EUR/USD ranging since 19.7, so on Wednesday I expect that range to burst big time one way. Should be prepared. Also I am getting BIG signal for EUR/JPY and GBP/JPY that their reign over JPY is very likely to end, perhaps even this week we could see a big depreciation against JPY, so be prepared for that also. Why? Weekly gave me a signal to short and the last candle closed below critical MA which indicates this was a retracement for last sell and that another leg is coming and is coming hard. Also on my Daily chart downtrend zone started to form. This is a trade that if you get it right you don't exit anymore for at least a few months or even more considering Euro and Pound are very weak and Bailey stated he expects recession to hit soon (this year).

Hey Pat!

Since you have a fetish for 4H TF lemme provide you with some! Hahah LoL

Seriously, you helped many traders, so in return we can try and help you a little bit!

Enjoy! 4H Chart for all of the 28 currency pairs.