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  • #13,801
  • Jul 27, 2023 9:03pm Jul 27, 2023 9:03pm
Quoting saisadhan
Hi, does anyone know how the market will be after FOMC. need some advice.
Advance GDP news. Data came in at 2.4%, advance GDP is telling you the direction as its the most accurate. That for the next quarter inflation is already coming down.
Trading is very lonely
  • #13,802
  • Jul 27, 2023 9:15pm Jul 27, 2023 9:15pm
Quoting profits7
{image} __________ TMW last Fri. of D month , dealers aka brokers closin their fukkin books !
I have never considered them closing for the month... What effect does it usually have on the market?
  • #13,803
  • Jul 27, 2023 9:28pm Jul 27, 2023 9:28pm
Quoting saisadhan
{quote} I appreciate the provided information; it's really useful to learn. However, I still have concerns about possible BOJ & Chinese interventions. {image}
Good job! You called it with your chart. What are you seeing next?

I see a whole lot of gaps to fill above and a few below. I am Macro bullish long term as the dollar will soon be toast.

One result of the Fed's ambiguity on rate direction is that every news event will now be more volatile because they did not give guidance one way or the other but left it news dependent.
  • #13,804
  • Jul 27, 2023 9:33pm Jul 27, 2023 9:33pm
Quoting parveenverma
{quote} No live trades and charts from my end..... Only my analysis and of course in advance always. In this forum there are so many new and fresh traders who have recently started their trading journey. NOBODAY IS ALWAYS ABSOLUTE IN TRADING SO FOR ME.... BY POSTING CHARTS AND LIVE TRADES IN THIS FORUM ENCOURAGE NEW TRADERS TO FOLLOW BLINDLY OUR TRADES. I want these traders to read the advanced analysis and check at their own level so that they learn more trading skills instead of follow blindly the live trades and live charts. I request to all...
However, I would like to learn your fib setting technique! Did you determine whether MT4 or MT5 was better for your charts?
  • #13,805
  • Jul 27, 2023 9:49pm Jul 27, 2023 9:49pm
Quoting your6s
{quote} However, I would like to learn your fib setting technique! Did you determine whether MT4 or MT5 was better for your charts?
Hi your6s.....I hope your trading is going well. I recently changed from MT4 to MT5. I feel not much more difference between MT4 and MT5. Either MT5 is little faster than MT4 or a miner chart difference.Last weekend I updated my all charts from MT4 to MT5. Trade safe
  • #13,806
  • Edited Jul 28, 2023 12:08am Jul 27, 2023 9:59pm | Edited Jul 28, 2023 12:08am
Quoting your6s
{quote} However, I would like to learn your fib setting technique! Did you determine whether MT4 or MT5 was better for your charts?
My fibonacci trading is very simple. I have share it along with the charts in the forum. I use properly proportioned charts for create swing Highs and swing Lows not with the every swing of the chart but on 1H once a day, 4H once a week,Daily once a month and Weekly/Monthly once a year. It create less noise on our charts and provide us more probabilities and very closed levels of a target on every TFs. I target the level that is very closed to liquidity level and untested levels. Trade safe
Edit:Weekly/Monthly
  • #13,807
  • Jul 27, 2023 10:14pm Jul 27, 2023 10:14pm
Quoting SkullCandy
{quote} Stopped ,reentered at stop, {image}
Stopped. Not bad for a retrace of 110 pips lol.
Nvm, will be back after London.
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #13,808
  • Jul 27, 2023 10:18pm Jul 27, 2023 10:18pm
Quoting aahmad29
{quote} After closing all short positions. My updated positions are Sell Limit 1952 TP 1942 Sell Limit 1962 TP 1952 Sell limit 1972 TP 1962 Buy 1943 TP 1953 Buy 1952 TP 1962 Buy 1972 TP 1982 Buy 1962 TP 1972 Sell 1945 TP 1935 Buy Limit 1918 TP 1928 Buy Limit 1922 TP 1932 Buy Limit 1932 TP 1942

Sell Limit 1962 TP 1952
Sell limit 1972 TP 1962

Buy 1943 TP 1953 ( Hit TP)
Buy 1952 TP 1962
Buy 1972 TP 1982
Buy 1962 TP 1972
Sell 1945 TP 1935
Sell 1952 TP 1942


Buy Limit 1918 TP 1928
Buy Limit 1922 TP 1932
Buy Limit 1932 TP 1942
Love for all; Hatred for none.
  • #13,809
  • Jul 27, 2023 10:19pm Jul 27, 2023 10:19pm
Quoting SkullCandy
{quote} You understand his language?
Nop, hahahah,
I have no idea what he writes, but I was interested in that page that he uploaded as an image
  • #13,810
  • Jul 27, 2023 11:05pm Jul 27, 2023 11:05pm
Quoting krvam
{quote} Nop, hahahah, I have no idea what he writes, but I was interested in that page that he uploaded as an image
Hi, krvam,

You can get it here:
https://marketmilk.babypips.com/symb...ll?source=gain

And here:
https://www.fxblue.com/market-data/currency-strength
  • #13,811
  • Jul 27, 2023 11:42pm Jul 27, 2023 11:42pm
Short 53.69 TP 47

Edit another entry at 53 TPs changed to 48.50
  • #13,812
  • Jul 27, 2023 11:48pm Jul 27, 2023 11:48pm
Quoting sthembiso14
Gold shows high possibilities of bearish momentum at this point here is my setup {image}
bearish momentum continues on Gold target level 1809
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 41 KB
  • #13,813
  • Jul 27, 2023 11:51pm Jul 27, 2023 11:51pm
Good morning fellow trader
Please if you are a very profitable Gold trader
I would like to follow and make
Some money seriously.
GOLD trader pls send us good trading
Opportunities here.
God bless everyone here trying to recover losses
  • #13,814
  • Edited 12:32am Jul 28, 2023 12:14am | Edited 12:32am
Good correction overnight, immediate limit broken, so test previous low to decide for next bounce if success over 1960 signal or not!
For bottom test signals 1950.15 and 49.63 for below 44
Attached Image (click to enlarge)
Click to Enlarge Name: sketch-1690520935403.png Size: 75 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #13,815
  • Jul 28, 2023 12:14am Jul 28, 2023 12:14am
Quoting ForexIkeja
Good morning fellow trader Please if you are a very profitable Gold trader I would like to follow and make Some money seriously. GOLD trader pls send us good trading Opportunities here. God bless everyone here trying to recover losses
Good morning fellow trader,
Friendly advice don’t try and “follow” anyone instead try and learn their analysis and imitate it by yourself that’s the only way you can improve yourself to become a better trader. Relying on others for signals won’t get you far in the trading game. Read books, tutorials, guides, watch videos back test your strategies on TradingView and always strive to improve yourself individually!

On that note, here’s to everyone ending the day and technically the month in blue!
  • #13,816
  • Jul 28, 2023 12:23am Jul 28, 2023 12:23am
Quoting fontu
Good correction overnight, immediate limit broken, so test previous low to decide for next bounce if success over 1960 signal or not! {image}
Can't you do this on your desktop? it's hard to read your analysis in your mobile screenshot.
  • #13,817
  • Jul 28, 2023 12:39am Jul 28, 2023 12:39am
Quoting saisadhan
{quote} Can't you do this on your desktop? it's hard to read your analysis in your mobile screenshot.
Sorry if not clear, at home only use mobile, desktop use at office time and most trades deal there only, may evening my time if go during holiday . .. Will try clearer chart.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #13,818
  • Jul 28, 2023 12:42am Jul 28, 2023 12:42am
Just watched a video which points out that GDP includes government spending...Well, the US government borrowed $1 trillion dollars in June didn't they? Yesterdays blow out GDP figure was not due to consumer spending, it was the government spending on their credit card.
  • #13,819
  • Jul 28, 2023 12:55am Jul 28, 2023 12:55am
Quoting parveenverma
{quote}Hi your6s.....I hope your trading is going well. I recently changed from MT4 to MT5. I feel not much more difference between MT4 and MT5. Either MT5 is little faster than MT4 or a miner chart difference.Last weekend I updated my all charts from MT4 to MT5. Trade safe
Im also very interested in your technique. A lot of people here holds your analysis very high :-)
  • #13,820
  • Edited 1:18am Jul 28, 2023 1:03am | Edited 1:18am
Quoting d1zzy
Short 53.69 TP 47 Edit another entry at 53 TPs changed to 48.50
Changed my TP's to 43.75 to the next liquidly level below todays low so far, couldn't help myself but try and reach for it. Will monitor and close manually if London manipulation acts up.

Never been chart savvy, learning everyday but do I see an inverse H&S on 4H?
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Hirensorathi