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New Cable Thread & Other Pairs

  • #8,321
  • Jul 26, 2024 10:26am Jul 26, 2024 10:26am
Gold doesn't seem done. Maybe another hooray.
  • #8,322
  • Jul 26, 2024 10:46am Jul 26, 2024 10:46am
Quoting SmallGains
Gold doesn't seem done. Maybe another hooray.
Many times Gold forms Gartley b4 collapse.
There is one forming on 1 min,
not able to post now.
We watch the charts from every angle so you don't have to!!
  • #8,323
  • Jul 26, 2024 10:47am Jul 26, 2024 10:47am
The latest PCE report showed mixed results. The headline PCE price index met expectations, but the core rate saw a slightly higher increase of 0.2%, compared to the predicted 0.1%. Spending growth slowed down to 0.3%, aligning with forecasts. However, income only grew by 0.2%, which is much less than the anticipated 0.4%. Despite these numbers, the odds of a rate cut by the Fed in September remain at 100%.

EUR/USD climbed to its highs after the release but is now having trouble surpassing yesterday's 1.0870 peak. There's a risk of it dropping to the daily lows at 1.0842. Right now, the market lacks momentum, perhaps due to it being Friday and the end of the month approaching. We might have to wait for some action towards the end of next week.

Keep an eye on these developments and adjust your strategies accordingly. Enjoy your weekend, and let's see what the markets bring next week!
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  • #8,324
  • Jul 26, 2024 10:47am Jul 26, 2024 10:47am
Quoting pedro319
{quote} Many times Gold forms Gartley b4 collapse. There is one forming on 1 min, not able to post now.
I saw that actually. Maybe btfy too 5m
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  • #8,325
  • Jul 26, 2024 11:37am Jul 26, 2024 11:37am
Done for day. Enjoy yalls weekend.
  • #8,326
  • Jul 26, 2024 11:40am Jul 26, 2024 11:40am
Quoting SmallGains
{quote} I saw that actually. Maybe btfy too 5m {image}
Not a buy pattern.
1 min Gartley sell
Gold does that many times.
I still think 2401 is possible.
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We watch the charts from every angle so you don't have to!!
  • #8,327
  • Jul 26, 2024 11:51am Jul 26, 2024 11:51am
Quoting pedro319
{quote} Not a buy pattern. 1 min Gartley sell Gold does that many times. I still think 2401 is possible. {image}
Im holding off some before i sell. try to get better short entry.
  • #8,328
  • Jul 26, 2024 11:54am Jul 26, 2024 11:54am
Quoting SmallGains
{quote} Im holding off some before i sell. try to get better short entry.
What is better price?
We watch the charts from every angle so you don't have to!!
  • #8,329
  • Jul 26, 2024 12:02pm Jul 26, 2024 12:02pm
Quoting pedro319
{quote} What is better price?
It is a good price actually, but I don’t want to hold over the weekend
  • #8,330
  • Jul 26, 2024 12:03pm Jul 26, 2024 12:03pm
Quoting Mihisti
{quote} It is a good price actually, but I don’t want to hold over the weekend
Fair enough. Technically Gold should go low!!
We watch the charts from every angle so you don't have to!!
  • #8,331
  • Jul 26, 2024 12:06pm Jul 26, 2024 12:06pm
Quoting pedro319
{quote} Absolutely!! Still 10-15% is too much, implies taking more risk. You have to remember that hedge funds offer a return of 30-40% per year (some of them), anything higher takes a lot of stretch, long runs of successful trades, I am not saying one cannot but the probabilities skew against you. My advice to everyone is to have an account where you only need 20% per year. Or a couple of them... You might end up with a lot more profit but it's dangerous to think like that from the outset.
hello my target is 100% year I can do it easy done 2 times
Last year august till December 2 eur turn in 6 eur and from January to last month 200 to 400 this one even if I close now will be 58% .
I have other account that I make 20% in 3 months.
just had to go step by step to grow the account and I’m only trade eur usd on iPad and I’m always driving , now imagine if I trade all day several pairs with normal office .

I will get there sooner or later .
thanks all for the support
Scalping
  • #8,332
  • Jul 26, 2024 12:09pm Jul 26, 2024 12:09pm
Quoting guguxpto
{quote} hello my target is 100% year I can do it easy done 2 times Last year august till December 2 eur turn in 6 eur and from January to last month 200 to 400 this one even if I close now will be 58% . I have other account that I make 20% in 3 months. just had to go step by step to grow the account and I’m only trade eur usd on iPad and I’m always driving , now imagine if I trade all day several pairs with normal office . I will get there sooner or later . thanks all for the support
Sometimes being away is the best way to trade. Look here how many hesitations and doubts, people in front of the screens all day.
Don't underestimate the power of letting market do what it wants.
We watch the charts from every angle so you don't have to!!
  • #8,333
  • Jul 26, 2024 12:11pm Jul 26, 2024 12:11pm
in this business you need 3 things:
a bit of capital
and a pair...

lol
I only follow traders with IQ above 160
  • #8,334
  • Jul 26, 2024 12:13pm Jul 26, 2024 12:13pm
Quoting Bflyfx
in this business you need 3 things: a bit of capital and a pair... lol
We watch the charts from every angle so you don't have to!!
  • #8,335
  • Jul 26, 2024 12:13pm Jul 26, 2024 12:13pm
Quoting Bflyfx
in this business you need 3 things: a bit of capital and a pair... lol
hmm you're missing the third thing: SKILLSET
  • #8,336
  • Jul 26, 2024 12:15pm Jul 26, 2024 12:15pm
Quoting xDREx
{quote} hmm you're missing the third thing: SKILLSET
The third thing is the second ball...
We watch the charts from every angle so you don't have to!!
  • #8,337
  • Jul 26, 2024 12:24pm Jul 26, 2024 12:24pm
Quoting pedro319
{quote} The third thing is the second ball...
i see, you NEED BALLZ to trade.. TRUE

but i believe SKILLSET to be far superior in priority than any capital or choosing a pair, you see i do have a vast skill set so it allows me to trade ANY pair.

  • #8,338
  • Jul 26, 2024 12:25pm Jul 26, 2024 12:25pm
put all the likes and now I am off
Adieu
I only follow traders with IQ above 160
  • #8,339
  • Jul 26, 2024 12:28pm Jul 26, 2024 12:28pm
Quoting xDREx
{quote} i see, you NEED BALLZ to trade.. TRUE but i believe SKILLSET to be far superior in priority than any capital or choosing a pair, you see i do have a vast skill set so it allows me to trade ANY pair.
That's what we like. Skilful people.
Here you can shine, nobody is going to stop you.
Post your charts, make your calls, the dance floor is yours!!
We watch the charts from every angle so you don't have to!!
  • #8,340
  • Jul 26, 2024 12:30pm Jul 26, 2024 12:30pm
Quoting Bflyfx
put all the likes and now I am off Adieu
10,000% next week?
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