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New Cable Thread & Other Pairs

  • #5,781
  • Jun 11, 2024 10:41am Jun 11, 2024 10:41am
Gold
This would take us to where we need to be.
2325-40 is fair game.
H1 AB=CD
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We watch the charts from every angle so you don't have to!!
  • #5,782
  • Jun 11, 2024 10:43am Jun 11, 2024 10:43am
Quoting GOR
{quote} It seems to me that many retail traders want to sell in the gaps, so either they sit and wait two days or they try to buy with the idea of a retracement, another reason to go down, only GU barely managed to reach 50 %, I don't know who is going against the dollar now,
Maybe the gap will not close after all, but will sell a spike definatelly! In case I am lying you should do your homework alone!

I hope you dont take my joke personally
Looking for profitable short term trades ...|
  • #5,783
  • Jun 11, 2024 10:49am Jun 11, 2024 10:49am
Quoting GOR
{quote} It seems to me that many retail traders want to sell in the gaps, so either they sit and wait two days or they try to buy with the idea of a retracement, another reason to go down, only GU barely managed to reach 50 %, I don't know who is going against the dollar now,
Think they are hoping for bad numbers for USD tomorrow?
  • #5,784
  • Jun 11, 2024 10:51am Jun 11, 2024 10:51am
Quoting Js3mwtRc
{quote} Maybe the gap will not close after all, but will sell a spike definatelly! In case I am lying you should do your homework alone! I hope you dont take my joke personally
Thanks, but it's not my style, I'm satisfied with the small pieces that remain under the table)
'In the clearing stands a boxer And a fighter by his trade..'
  • #5,785
  • Jun 11, 2024 11:20am Jun 11, 2024 11:20am
Quoting SmallGains
{quote} Think they are hoping for bad numbers for USD tomorrow?
I don't know, but people expect a correction after a big move, sell high buy low, the DXY cut resistance like it was butter,
If someone is waiting for 100 pips plus, he also needs patience, (which I don't have), and certainly not to swim against the current,
'In the clearing stands a boxer And a fighter by his trade..'
  • #5,786
  • Jun 11, 2024 11:25am Jun 11, 2024 11:25am
Quoting GOR
{quote} I don't know, but people expect a correction after a big move, sell high buy low, the DXY cut resistance like it was butter, If someone is waiting for 100 pips plus, he also needs patience, (which I don't have), and certainly not to swim against the current,
Yea swimming against the current is how you get drowned....but one thing that can the flow of a raging river is FOMC week.
  • #5,787
  • Jun 11, 2024 12:13pm Jun 11, 2024 12:13pm
Quoting minhtri
Daily {image}
The upper trendline if drawn correctly may not present us a rising wedge shape, even though I am short GU until monthly pivot at 2650 area (2663 to be precise).
  • #5,788
  • Jun 11, 2024 2:11pm Jun 11, 2024 2:11pm
Quoting Mitiblotch
{quote} The upper trendline if drawn correctly may not present us a rising wedge shape, even though I am short GU until monthly pivot at 2650 area (2663 to be precise).
Yes. Bro
  • #5,789
  • Jun 11, 2024 2:12pm Jun 11, 2024 2:12pm
Quoting minhtri
Daily {image}
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  • #5,790
  • Jun 11, 2024 11:41pm Jun 11, 2024 11:41pm
i doubt we will see the higher sell zone soon...its too weak
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trading is like dancing, don't think and just listen to the music!
  • #5,791
  • Jun 11, 2024 11:55pm Jun 11, 2024 11:55pm
Quoting birdland
i doubt we will see the higher sell zone soon...its too weak {image}
Nice and simple!
Looking for profitable short term trades ...|
  • #5,792
  • Jun 12, 2024 12:51am Jun 12, 2024 12:51am
My GU idea:
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  • #5,793
  • Jun 12, 2024 12:51am Jun 12, 2024 12:51am
I'm short GU and will hold through FOMC. However, I preempt GU GDP data to be green. Just bought 10 lots here at 2744. TP 2764. SL 2723. Risk, risky trade . I need some adrenaline this morning. I hope this trade doesn't make me grumpy today
  • #5,794
  • Jun 12, 2024 1:18am Jun 12, 2024 1:18am
Quoting minhtri
{quote} {image} {image}
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  • #5,795
  • Jun 12, 2024 1:50am Jun 12, 2024 1:50am
Quoting Js3mwtRc
{quote} Nice and simple!
i have not seen one successful trader with many indicators and lines in the chart.

price, time and zones&levels is all you need.

or X-axis and Y-axis

KISS is king;-)
trading is like dancing, don't think and just listen to the music!
  • #5,796
  • Jun 12, 2024 2:12am Jun 12, 2024 2:12am
Quoting birdland
{quote} i have not seen one successful trader with many indicators and lines in the chart. price, time and zones&levels is all you need. or X-axis and Y-axis KISS is king;-)
...or have big chances to become successful. I'd say less.
Looking for profitable short term trades ...|
  • #5,797
  • Jun 12, 2024 2:14am Jun 12, 2024 2:14am
DXY 4H,
Crossed resistance and gained support, it seems only red news can bring DXY down,
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'In the clearing stands a boxer And a fighter by his trade..'
  • #5,798
  • Jun 12, 2024 2:22am Jun 12, 2024 2:22am
Quoting GOR
DXY 4H, Crossed resistance and gained support, it seems only red news can bring DXY down, {image}
US news are not yet! Although they can surprise us.
Looking for profitable short term trades ...|
  • #5,799
  • Jun 12, 2024 2:46am Jun 12, 2024 2:46am
Quoting birdland
{quote} i have not seen one successful trader with many indicators and lines in the chart. price, time and zones&levels is all you need. or X-axis and Y-axis KISS is king;-)
same+ kiss is working in everything
...I Bet You Ain't Never Seen A Donkey Fly!
  • #5,800
  • Jun 12, 2024 3:07am Jun 12, 2024 3:07am
Quoting minhtri
{image} {image}
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