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  • #18,321
  • Sep 12, 2023 11:46am Sep 12, 2023 11:46am
there was breakout but now waiting 1911.90 breaks and hold to short continue or fresh make . real breakout need at 1910 !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #18,322
  • Sep 12, 2023 11:51am Sep 12, 2023 11:51am
Quoting fontu
there was breakout but now waiting 1911.90 breaks and hold to short continue or fresh make . real breakout need at 1910 ! {image}
then correction to 1918,1919?
Its all about Timing!!!
  • #18,323
  • Sep 12, 2023 12:18pm Sep 12, 2023 12:18pm
Quoting fontu
there was breakout but now waiting 1911.90 breaks and hold to short continue or fresh make . real breakout need at 1910 ! {image}
I am also expecting the price to go down but MACD must maintain below level of -4.555.
Love for all; Hatred for none.
  • #18,324
  • Sep 12, 2023 12:41pm Sep 12, 2023 12:41pm
Quoting redbars
{quote} Any crash of any currency/stock market.. do you think money was made through ta or fa? A crash is a crash, its a shock, unexpected, unless you follow the bread crumbs(data)...

i love watching old movies..and this is a great one from 50 years ago..even won 3 oscars...i hate the stupid comic book cgi bullshit they make now

nothings changed in the time this movie was made LOL...and it never will...the only thing thats changed is theres more crazies saying theyre mad as hell

the dollar was at 94-95 when this movie was made and from what i remember times were pretty much the same back then but i was just a 10 year old kid and remember my parents bitching like most parents bitch now LOL.. https://www.macrotrends.net/1329/us-...storical-chart

the dollar isnt going anywhere except up to test 115 maybe even 120 in the next 5 years...japan cant do shit about it except delay the ascent like they did for 11 months by their last intervention and that was worldwide with england,usa,japan and china and who knows who else so if japan tries by itself it will just be a wet fart they release and soil their shorts LOL

Inserted Video
short trump and go long the deepstate
  • #18,325
  • Sep 12, 2023 12:48pm Sep 12, 2023 12:48pm
just remember theres this famous saying in trading that price climbs a wall of worry

so the worse the outlook for the dollar the hier it will go LOL
short trump and go long the deepstate
  • #18,326
  • Sep 12, 2023 12:59pm Sep 12, 2023 12:59pm
Hit the 1930 region as I envisaged posted 6th sept, just shy of the 1904 area today
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  • #18,327
  • Sep 12, 2023 1:11pm Sep 12, 2023 1:11pm
Here is my sinewave analysis.

To complete sinewave, price must stay above 1907 and if price respect this level then price will go to 1920-25 to complete sinewave.

If price break the level of 1907 then based on cycle strategy, market next reversal can be expected at 1883-1885 with target of 1903. Reversal does not mean that market turned into bullish side. Reversal is expected to start new sinewave which was broken by price. Sinewave is calculated based on CMA(centered moving averages) so price levels may differ by few pips.
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Love for all; Hatred for none.
  • #18,328
  • Sep 12, 2023 1:43pm Sep 12, 2023 1:43pm
Quoting Murugesh29
{quote} then correction to 1918,1919?
In the Asian session, it will touch 1918 and start to go down again, what do you think?
  • #18,329
  • Sep 12, 2023 1:49pm Sep 12, 2023 1:49pm
i have come to realise no one knows what price can move in future? what berhind all these strategies we have?
  • #18,330
  • Sep 12, 2023 1:50pm Sep 12, 2023 1:50pm
Sharing last night's gold trade,
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  • #18,331
  • Sep 12, 2023 2:07pm Sep 12, 2023 2:07pm
Quoting liqidifier
i have come to realise no one knows what price can move in future? what berhind all these strategies we have?
You're not supposed to predict price. Just react to what it's telling you.
  • #18,332
  • Sep 12, 2023 2:14pm Sep 12, 2023 2:14pm
Quoting krvam
{quote} In the Asian session, it will touch 1918 and start to go down again, what do you think?
Expecting the same..
Its all about Timing!!!
  • #18,333
  • Sep 12, 2023 2:24pm Sep 12, 2023 2:24pm
Im excepting the price to come back around the zone 1920.00 there i will wait my setup for the confirmation that the good zone to reverse.
My target will be first the PDL and after if it's can go more down 1904.

But don't forget we have a freaking CPI tomorrow !
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  • #18,334
  • Sep 12, 2023 4:04pm Sep 12, 2023 4:04pm
Quoting Zebi
{quote} i love watching old movies..and this is a great one from 50 years ago..even won 3 oscars...i hate the stupid comic book cgi bullshit they make now nothings changed in the time this movie was made LOL...and it never will...the only thing thats changed is theres more crazies saying theyre mad as hell the dollar was at 94-95 when this movie was made and from what i remember times were pretty much the same back then but i was just a 10 year old kid and remember my parents bitching like most parents bitch now LOL.. https://www.macrotrends.net/1329/us-...storical-chart...
I don’t think this scene was supposed to be met with so much cynicism though, Zebi. LOL 50 years and nothing’s changed; I guess that’s some achievement. A lot of folks expected we’d have blown ourselves up already.
  • #18,335
  • Sep 12, 2023 4:25pm Sep 12, 2023 4:25pm
Quoting chukn1
{quote} You're not supposed to predict price. Just react to what it's telling you.
Amen
  • #18,336
  • Sep 12, 2023 4:51pm Sep 12, 2023 4:51pm
Quoting Zebi
{quote} i love watching old movies..and this is a great one from 50 years ago..even won 3 oscars...i hate the stupid comic book cgi bullshit they make now nothings changed in the time this movie was made LOL...and it never will...the only thing thats changed is theres more crazies saying theyre mad as hell the dollar was at 94-95 when this movie was made and from what i remember times were pretty much the same back then but i was just a 10 year old kid and remember my parents bitching like most parents bitch now LOL.. https://www.macrotrends.net/1329/us-...storical-chart...

I realise how insane I sound and im okay with that, I also still get the reasoning behind dollar strength and your conviction for it.

I guess I'm just trying to play devils advocate, but also remain wary of what world we live in, america could sit in a stagflation period where labour market is tough and inflation remains sticky for years, which would suck, id rather a recession and then recovery after so we can start a new cycle of cheap debt and new highs for stocks lol.

But the likelihood of dollar dominance favours you for sure, but I'm Deffo thinking about hedging into 2024 and onwards, just incase...
  • #18,337
  • Sep 12, 2023 5:06pm Sep 12, 2023 5:06pm
Ok here is my gameplan for Asia session, we've not really bounced as hoped so I think a run on liquidity would be ideal before going back up, will take some very cautious longs if price allows.

If we run straight up im not touching gold until after cpi, simple.

If we go below 1908 towards 1904 its the same scenario, not touching.
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  • #18,338
  • Sep 12, 2023 6:48pm Sep 12, 2023 6:48pm
Price probability 1922 before the drop or reverse during cpi.

Trade safe all today.
Trading is very lonely
  • #18,339
  • Sep 12, 2023 6:59pm Sep 12, 2023 6:59pm
Quoting krvam
{quote} In the Asian session, it will touch 1918 and start to go down again, what do you think?
1918 looks good area.
  • #18,340
  • Sep 12, 2023 7:18pm Sep 12, 2023 7:18pm
Why buy gold when the Chinese economy is not doing well and the United States is struggling? There probably aren't any big buyers coming in to purchase gold
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