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  • #45,121
  • Sep 30, 2024 6:35am Sep 30, 2024 6:35am
Quoting Interesting0
Don’t know what’s going to happen with DX new month bounce back or fail and drop
DXY Support is at 99.
I think, despite thinking haha, that we will witness a large retracement on the PMs soon.

Monthly Chart on the Gold owes us a big retracement and I have no doubt we'll get it soon, perhaps it could start even this year.
  • #45,122
  • Sep 30, 2024 6:36am Sep 30, 2024 6:36am
Quoting Silver-King
{quote} DXY Support is at 99.
u think it’s going to bounce back upwards?
  • #45,123
  • Sep 30, 2024 6:38am Sep 30, 2024 6:38am
Quoting RLScalpTrade
Two levels to be tested next week, $2671 & then $2685. Late Friday push $2658 on low volume was some interesting window dressing. London session will likely test $2645 and a pivot from that level will clear the path to 71 & 85
2645 taken in London session, upper bounds will be tested

2640 open, target 2671, stop loss 2633
  • #45,124
  • Sep 30, 2024 6:39am Sep 30, 2024 6:39am
Quoting JobsPatience
{quote} I see it this way (no financial advise!): I will buy gold now, exit at 2644, and then sell down to 2620-2627, then buy for move up big.
EDIT: Sorry guys I meant 2630-2627 (not 2620-2627)
  • #45,125
  • Sep 30, 2024 6:39am Sep 30, 2024 6:39am
Quoting Orand
{quote} close open positionat 2637 -------------- Enter long at 2637.40 Sl : 2633.40 Tp : 2642.40
(tp hit)
  • #45,126
  • Sep 30, 2024 6:39am Sep 30, 2024 6:39am
Quoting Interesting0
{quote} u think it’s going to break?
That is the last Support I see and it's Monthly Support. I don't know to be honest. It's best to see what will happen once we get there and it seems 100 Support on DXY is slowly failing.
  • #45,127
  • Sep 30, 2024 6:41am Sep 30, 2024 6:41am
Quoting Silver-King
{quote} That is the last Support I see and it's Monthly Support. I don't know to be honest. It's best to see what will happen once we get there and it seems 100 Support on DXY is slowly failing.
There is Powell speech later today
Telegram orderflowbuddy
  • #45,128
  • Sep 30, 2024 6:41am Sep 30, 2024 6:41am
We've more or less reached Daily Support on the Gold. I am still not touching anything...
  • #45,129
  • Edited 7:18am Sep 30, 2024 6:42am | Edited 7:18am
Quoting Orand
short at : 2653.80 Sl : 2656.80(sl hit ) Tp : 2649.80 --------------------------- Short at : 2657.40 SL : 2661.40 TP : OPEN(close at 2637) -------------------------- Add short : 2553.40 sl : 2657.4 Tp : 2651.4(tp hit) ------------------------ Long at : 2637.40 Sl : 2633.40 Tp : 2642.40 (tp hit) -------------------- Today Status so far : (-40pip,20pip ,205,) , Total : +235pip Today Win Ratio : 3/4 or %75 -------------------
Short at : 2641
Sl : 2645(Sl changed to 2646.20)
Tp : Open
------------------
Add short at : 2644.20
Sl :2646.20
TP : 2642.20(tp hit)
  • #45,130
  • Sep 30, 2024 6:43am Sep 30, 2024 6:43am
Quoting arulisme
{quote} There is Powell speech later today
Honestly, it's rather late and I don't expect God knows what from Powell. However, this week is filled with the news for US like NFP and the rest, so we'll have our share of volatility that's for certain.
  • #45,131
  • Sep 30, 2024 6:44am Sep 30, 2024 6:44am
Added a long zone. Does not look too good but i am feeling confident enough to trade it.
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  • #45,132
  • Sep 30, 2024 6:49am Sep 30, 2024 6:49am
hmm price move up pretty fast.
Short @ 2660-2665
Long @ 2620~2625

gold always gives false hope and then go up!
  • #45,133
  • Sep 30, 2024 6:55am Sep 30, 2024 6:55am
Daily close will give us some clues as to where we should be looking next.
  • #45,134
  • Sep 30, 2024 7:02am Sep 30, 2024 7:02am
Or i will do nothing at all
Trading is very lonely
  • #45,135
  • Sep 30, 2024 7:02am Sep 30, 2024 7:02am
Quoting luckytujuh
Or i will do nothing at all
Haha true!
  • #45,136
  • Sep 30, 2024 7:07am Sep 30, 2024 7:07am
I think DXY Monthly candle will drop below 99, but it will close above 99 in my opinion. We'll see... (October candle).
  • #45,137
  • Sep 30, 2024 7:10am Sep 30, 2024 7:10am
Third wave should come to around 2750$ - 2800$ and then 38.2% or 50% from 1850$ should be retraced eventually.
  • #45,138
  • Sep 30, 2024 7:11am Sep 30, 2024 7:11am
Its a weekly open today, a monthly closure today.
A monthly open tomorrow.
Trading is very lonely
  • #45,139
  • Sep 30, 2024 7:14am Sep 30, 2024 7:14am
50$ from the top.
  • #45,140
  • Sep 30, 2024 7:19am Sep 30, 2024 7:19am
Quoting Orand
{quote} Short at : 2641 Sl : 2645(Sl changed to 2646.20) Tp : Open ------------------ Add short at : 2644.20 Sl :2646.20 TP : 2642.20
When i see ur trades, i understand how you trade now.
Its a bad habit you can enter, but try entering one position and see if price hit stop loss or profit.

The method you are trading is really bad. You see price lingering in small tf for a long time, u enter a trade. Try to get confirmation from bigger tf, atleast h1 or h4. Get a clearer direction
Trading is very lonely
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