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  • #16,721
  • Aug 25, 2023 1:27am Aug 25, 2023 1:27am
Quoting Ravenfeeder
{quote} Funky Market indeed! appreciate all the insights so very much, but today I'm gonna be the Loco one here to say let's go to 1904-1901, break it/disrespect it, and drop to 1892, break that too, and then test 1885 again crazy right?
You r right. That's why I always keep clear plans for both sides ready so that if price change occur then I can react as per my plan-B.I always try to post of my change of plan in the forum.Happy Trading Buddy
  • #16,722
  • Aug 25, 2023 1:28am Aug 25, 2023 1:28am
Long taken already to seethe bounce, how far! Signal 1914.84, next 1915.40 and target above 1917.51! Sl previous low!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #16,723
  • Aug 25, 2023 1:31am Aug 25, 2023 1:31am
Quoting fontu
Long taken already to seethe bounce, how far! Signal 1914.84 {image}
As per my chart if price bounce from here than 1919-20 become the perfect Selling zone for target 1903-04. Plan-b ready.Trade safe
  • #16,724
  • Aug 25, 2023 1:44am Aug 25, 2023 1:44am
Hi Seniors, i am new here!
Gold situation is like a bruuuuuh I don't understand that take to entry of gold sell or buy ----! please i need your Suggestions
  • #16,725
  • Aug 25, 2023 1:46am Aug 25, 2023 1:46am
Man I wish I had the confidence and knowledge to short when it was in the high 20's, living off of swap fees

A question: do swap fees just continue to be added as long as the trade is open? Or is there some kind of hard limit?

Never had the fortune of holding a decent short position...
  • #16,726
  • Aug 25, 2023 1:50am Aug 25, 2023 1:50am
They keep adding each day as long as the position is open, gets added to equity after you close the position.

Buy swaps on the other hand, some brokers take it off your equity at the start of market day, my broker just takes it off my profits after I've closed the entry, buy swaps policies differ from broker to broker.
  • #16,727
  • Aug 25, 2023 1:53am Aug 25, 2023 1:53am
Quoting d1zzy
They keep adding each day as long as the position is open, gets added to equity after you close the position. Buy swaps on the other hand, some brokers take it off your equity at the start of market day, my broker just takes it off my profits after I've closed the entry, buy swaps policies differ from broker to broker.
Suddenly I want to be a bearish swing trader my broker takes it away from profits, I've held positions overnight but RARELY longer than 2 days, thanks for the info.
  • #16,728
  • Aug 25, 2023 1:57am Aug 25, 2023 1:57am
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  • #16,729
  • Aug 25, 2023 1:57am Aug 25, 2023 1:57am
Quoting d1zzy
They keep adding each day as long as the position is open, gets added to equity after you close the position. Buy swaps on the other hand, some brokers take it off your equity at the start of market day, my broker just takes it off my profits after I've closed the entry, buy swaps policies differ from broker to broker.
I have not intend to promote any broker here but Exness is my all time favorite in case of Swap charges and instant payout specially.They provide Swap free account and payouts are instant. Just my one cent opinion.Trade safe.
Edit: Nanotech has demand trend change charts by PM me so I am attaching the both charts here......
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  • #16,730
  • Aug 25, 2023 2:03am Aug 25, 2023 2:03am
USDX M30
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USDIndex is still too high for Gold long
Will it go up to 104.56? or go down @104.05?
  • #16,731
  • Aug 25, 2023 2:21am Aug 25, 2023 2:21am
Quoting Isabella_D
USDX M30 {image} USDIndex is still too high for Gold long Will it go up to 104.56? or go down @104.05?
DXY has 2 nearby levels of reversal 104.400 and 104.700. Price is very close to first so price can grab liquidity there and return for fill that gap and if it not stopped at first level then it can attack the second one. I may be wrong.Trade safe
  • #16,732
  • Edited 2:42am Aug 25, 2023 2:28am | Edited 2:42am
Quoting parveenverma
{quote} As per my chart if price bounce from here than 1919-20 become the perfect Selling zone for target 1903-04. Plan-b ready.Trade safe
Hope so. As it printed a new top marginally though and so automatically entered in bull set up and may try hard to stay in bull, so 1921 or d top even possible, anyway once over 1917, will put be, set and forget, no tp and manually at near top if available. Daily doji not enough to trusts still. Anyway, will for sell arounds 1920, same. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #16,733
  • Aug 25, 2023 2:32am Aug 25, 2023 2:32am
Quoting fontu
{quote} Hoffe es. Da es jedoch nur am Rande ein neues Top gedruckt hat und so automatisch in die Bullen-Einrichtung eingegeben wurde und sich bemühen kann, im Bullen-Setup zu bleiben, so ist 1921 oder D-Top sogar möglich, auf jeden Fall einmal über 1917, wird gesetzt, eingestellt und vergessen, kein TP und manuell in der Nähe der Oberseite, falls verfügbar. Tägliches Doji reicht nicht aus, um bis dahin zu vertrauen. Pass auf dich auf
agree https://www.forexfactory.com/thread/...1#post14549871
  • #16,734
  • Edited 3:01am Aug 25, 2023 2:37am | Edited 3:01am
XAUUSD Chinese Yuan
they are strictly correlated at the moment,
also care about Bond yields
Attachment g
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  • #16,735
  • Aug 25, 2023 2:41am Aug 25, 2023 2:41am
Quoting parveenverma
{quote} As per my chart if price bounce from here than 1919-20 become the perfect Selling zone for target 1903-04. Plan-b ready.Trade safe
Quoting Murugesh29
{quote} So selling at 1923 is a good
Quoting Murugesh29
{quote} I see 1903...
Your plan B is my plan A
Its all about Timing!!!
  • #16,736
  • Aug 25, 2023 2:44am Aug 25, 2023 2:44am
Quoting parveenverma
As per my chart if price bounce from here than 1919-20 become the perfect Selling zone for target 1903-04. Plan-b ready.Trade safe
According to my chart 1913 was the perfect buying zone for the 1928-1940 target.
‏
Success is not final, failure is not fatal... - Winston Churchill
  • #16,737
  • Aug 25, 2023 2:55am Aug 25, 2023 2:55am
Powell speech @Jackson Hole today at 10am US time - will be some very big move, dont be caught out guys, no point predicting what you think will happen just mark out targets for price to be drawn towards and let the move happen before entering on the data that comes out.

2021 Powell speech 1784 - 1816 in 2 hours

2022 powell speech 1756 - 1734 - in 2 hours

price wicked to grab liquidity on both these days and then moved in the opposite direction so anyone inexperienced dont be caught out, think NFP.

Good for Dollar - targets 1901, 1889, 1884 (large liquidity here)

Bad for dollar - targets 1930, 1941

these are only my personal opinions of course.
  • #16,738
  • Aug 25, 2023 3:32am Aug 25, 2023 3:32am
i hope this will help..
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Everything, what's meant to be will find its way
  • #16,739
  • Aug 25, 2023 4:13am Aug 25, 2023 4:13am
Support and Resistance.. These levels react well.
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Everything, what's meant to be will find its way
  • #16,740
  • Aug 25, 2023 4:32am Aug 25, 2023 4:32am
Price respecting yesterdays low. Expected upside 1920 maybe before new york. Tonight uom sentiment, be wary.
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