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  • #45,321
  • Oct 1, 2024 7:19am Oct 1, 2024 7:19am
Quoting dilidanjaro
#OWL
"...The intelligent owl appears in everything from The Iliad to Winnie the Pooh. But, it turns out, though they're excellent hunters, owls aren't any smarter than a lot of other birds. In fact, they may be significantly worse at problem solving than other big-brained birds like crows and parrots..."
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #45,322
  • Oct 1, 2024 7:22am Oct 1, 2024 7:22am
Quoting Silver-King
Stocks have returned some gains recently which is normal. What is worrying is the price of oil and the pace at which it's moving up.
why surprised / worried about oil ?

buy it & don’t worry
Que Sera
  • #45,323
  • Oct 1, 2024 7:23am Oct 1, 2024 7:23am
Quoting Lloyd628
{quote} "...The intelligent owl appears in everything from The Iliad to Winnie the Pooh. But, it turns out, though they're excellent hunters, owls aren't any smarter than a lot of other birds. In fact, they may be significantly worse at problem solving than other big-brained birds like crows and parrots..."
in trading you don't need to think, you need to be a machine..
KISS.. Keep it simple, Stupid
...I Bet You Ain't Never Seen A Donkey Fly!
  • #45,324
  • Oct 1, 2024 7:26am Oct 1, 2024 7:26am
Quoting Catempire
{quote} why surprised / worried about oil ? buy it & don’t worry
No no. Not surprised, as I was saying what will happen to the price of oil if certain things started happening. I still hold Longs under 70$, I think for about 2 or 3 weeks now. It'll become worrying if the price starts going above 80$.
  • #45,325
  • Oct 1, 2024 7:29am Oct 1, 2024 7:29am
2663$ is the last Resistance (H4 TF). Beyond that, we should be cruising towards 2700$.
  • #45,326
  • Oct 1, 2024 7:32am Oct 1, 2024 7:32am
Quoting Silver-King
{quote} No no. Not surprised, as I was saying what will happen to the price of oil if certain things started happening. I still hold Longs under 70$, I think for about 2 or 3 weeks now. It'll become worrying if the price starts going above 80$.
yeah I’m long too from 67.09 $ jumped in today.
Que Sera
  • #45,327
  • Oct 1, 2024 7:33am Oct 1, 2024 7:33am
Quoting Catempire
{quote} yeah I’m long too from 67.09 $ jumped in today.
Oh, you're Long WTI. I'm Long Brent.

The price with my broker was under 70$ while on FF it didn't go below 70$ it seems (actually barely). There's 1$ difference between FF price and the price on my chart.
  • #45,328
  • Oct 1, 2024 7:34am Oct 1, 2024 7:34am
News about War is real....
So stay away for now.... Gold could hit 2700 if any another devolopments happen suddenly .. and that's highly liekely...
  • #45,329
  • Oct 1, 2024 7:36am Oct 1, 2024 7:36am
there should be a flight of safety in US dollar. just because a war news has come dont buy gold. at some point gold will be tired of rallying on 100th or god knows which news number in past 1 year. I think we are nearing end of this conflict and once Iran is finished this war will end. US will do what it wants to defend Israel. so Iran dont do any stupidity or face sanctions for rest of ur life.
  • #45,330
  • Oct 1, 2024 7:38am Oct 1, 2024 7:38am
Quoting ghazy_55
News about War is real.... So stay away for now.... Gold could hit 2700 if any another devolopments happen suddenly .. and that's highly liekely...
and it would have done by now. the fact that gold is staying quiet since past 30 mins means its tired of rallying on the same news again and again. if war happens Iran will be finished. you can't do shit to Israel. whole of middle east should know that
  • #45,331
  • Oct 1, 2024 7:40am Oct 1, 2024 7:40am
Quoting giveachance
{quote} and it would have done by now. the fact that gold is staying quiet since past 30 mins means its tired of rallying on the same news again and again. if war happens Iran will be finished. you can't do shit to Israel. whole of middle east should know that
We had the warning about a possible attack, if the attack happens then we'll move fast and hard up, cause attack = reaction from Israel + US
  • #45,332
  • Oct 1, 2024 7:41am Oct 1, 2024 7:41am
Quoting giveachance
there should be a flight of safety in US dollar. just because a war news has come dont buy gold. at some point gold will be tired of rallying on 100th or god knows which news number in past 1 year. I think we are nearing end of this conflict and once Iran is finished this war will end. US will do what it wants to defend Israel. so Iran dont do any stupidity or face sanctions for rest of ur life.
As long as the *** is escalating, the Gold will continue to rally. Although, it is true that this rally on the Gold, especially when looking at the MN Chart eventually has to give something back to the market. If we're in this 3rd rally right now, then we should be seeing 2700$ at least in my opinion. How much higher above 2700$ will the Gold go is definitely not something we know. Judging by the waves (if you believe in that kind of analysis) the Gold should reach the price somewhere between 2750$ to 2800$ in my opinion.

In this kind of scenario, the flight into PMs far exceeds the one into USD.
  • #45,333
  • Oct 1, 2024 7:42am Oct 1, 2024 7:42am
Quoting SnakeDok
{quote} We had the warning about a possible attack, if the attack happens then we'll move fast and hard up, cause attack = reaction from Israel + US
I dont think Iran will survive. if they even dare to use the nuclear bomb they will be bombed like Hiroshima and Nagasaki by the US
  • #45,334
  • Oct 1, 2024 7:43am Oct 1, 2024 7:43am
Quoting Silver-King
{quote} As long as the *** is escalating, the Gold will continue to rally. Although, it is true that this rally on the Gold, especially when looking at the MN Chart eventually has to give something back to the market. If we're in this 3rd rally right now, then we should be seeing 2700$ at least in my opinion. How much higher above 2700$ will the Gold go is definitely not something we know. Judging by the waves (if you believe in that kind of analysis) the Gold should reach the price somewhere between 2750$ to 2800$ in my opinion.
and give it back to the market on the same news again and again. your prediction for silver has fallen so flat on the face that nobody takes you seriously
  • #45,335
  • Oct 1, 2024 7:43am Oct 1, 2024 7:43am
I don't think they would use a nuke, ballistic missile doesn't have to carry a nuclear warhead
  • #45,336
  • Oct 1, 2024 7:44am Oct 1, 2024 7:44am
at some point dollar is the king trade comes back in the market. it was open in the european session only for the europeans to reverse it. i think they has this news in advance
  • #45,337
  • Oct 1, 2024 7:45am Oct 1, 2024 7:45am
Quoting giveachance
{quote} and give it back to the market on the same news again and again. your prediction for silver has fallen so flat on the face that nobody takes you seriously
I don't know what kind of problems you have, but keep them to yourself. My prediction for the Silver is still around 34$ or 35$. I thought we'd get a deeper retracement to around 30.2$, but it seems we might won't.

Then, when Silver reaches that Resistance at around 35$ let's say, perhaps then the Gold will also lose it's momentum and finally we'll have our long awaited retracement.
  • #45,338
  • Oct 1, 2024 7:46am Oct 1, 2024 7:46am
Quoting dilidanjaro
out.. more than 1200 pips for one week... on two accounts.. everyone made fun but like Pedro, is nobody.. #OWL {image}
Pedro is a beast - Really Impressed by his trading of the markets

We trade polar opposite, but there's no doubt he's got a firm grasp of price action - I prefer more longer term trades, gives me hours to think and react! and so that I can knock off at 4.30pm every day

Well done on this week - this is what it is all about
  • #45,339
  • Oct 1, 2024 7:47am Oct 1, 2024 7:47am
Gold stays in 2655-2671 area for now. if we dont get any news related to iran retaliation in next 8 hrs gold will sell off
  • #45,340
  • Oct 1, 2024 7:49am Oct 1, 2024 7:49am
Quoting giveachance
Gold stays in 2655-2671 area for now. if we dont get any news related to iran retaliation in next 8 hrs gold will sell off
where did you get the 8 hour timeframe from ? lol
Que Sera
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