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  • #46,301
  • Oct 10, 2024 7:08am Oct 10, 2024 7:08am
NExt movements within the swing reproducing a specific pattern.
Up from the actual zone to 2670 área and then down to 2500 zone, finally going up making new highs.
The warrior of good
  • #46,302
  • Oct 10, 2024 7:10am Oct 10, 2024 7:10am
I thought i would post the reason for my gold short trade whils we are waiting for cpi

similar enteries to azhantahir and mrfanciful but for different reasons

1 I look for the market to reach a level
2 look for sellers to engage on the futures market on the lee side of the intial selling/signal
3 wait for the market to test above the sellers on the 1 minute market. (this will not always happen)
4 enter short and the market usually goes straight to take profit.

futures chart attached
meta chart to follow
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  • #46,303
  • Oct 10, 2024 7:10am Oct 10, 2024 7:10am
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  • #46,304
  • Oct 10, 2024 7:10am Oct 10, 2024 7:10am
These are the S/D zones that i will keep an eye on for the CPI. Of course i won't put limit orders now, i gotta see the CPI report itself to open a trade.

Attached Image (click to enlarge)
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You have to have an IQ higher than 90 to interact with this user.
  • #46,305
  • Oct 10, 2024 7:15am Oct 10, 2024 7:15am
Quoting Nordling
These are the S/D zones that i will keep an eye on for the CPI. Of course i won't put limit orders now, i gotta see the CPI report itself to open a trade. {image}
Possibilty of US data will be same..
Coz they cant control inflation.. No high impact will be on pairs. Trade safe
  • #46,306
  • Oct 10, 2024 7:16am Oct 10, 2024 7:16am
Quoting jawad99
{quote} Possibilty of US data will be same.. Coz they cant control inflation.. No high impact will be on pairs. Trade safe
I make a living trading these news buddy, they DO make a difference, at least for me
You have to have an IQ higher than 90 to interact with this user.
  • #46,307
  • Oct 10, 2024 7:16am Oct 10, 2024 7:16am
Quoting jawad99
{quote} Possibilty of US data will be same.. Coz they cant control inflation.. No high impact will be on pairs. Trade safe
if data is same or good then gold goes up, usd goes up, interest cuts happen
  • #46,308
  • Oct 10, 2024 7:20am Oct 10, 2024 7:20am
Quoting jawad99
{quote} Possibilty of US data will be same.. Coz they cant control inflation.. No high impact will be on pairs. Trade safe
Mr. Powell, that you?
  • #46,309
  • Oct 10, 2024 7:20am Oct 10, 2024 7:20am
Quoting Interesting0
{quote} if data is same or good then gold goes up, usd goes up, interest cuts happen
FEMA already draw down 9 billion dollars, thats why possibilty of data is same ,so i Think it will hunt buy side liquidity as well as sell side liquidity.
  • #46,310
  • Oct 10, 2024 7:21am Oct 10, 2024 7:21am
Quoting azhantahir
{quote} It was here 14 hours ago and still on my personal waiting list. Will forward it if not happen. Keep looking for better results. {image}
It does not happen, but prices give good clues for buying. Grabs my personal buy stop at 2614 Target around 2628 and 2657. SL with 100 pips below. and minimize it with minor TF. It's not certainties, but the probabilities are there. All about personal opinion. Trade safe
Attached Image (click to enlarge)
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Look right, we'll see the signs
  • #46,311
  • Oct 10, 2024 7:22am Oct 10, 2024 7:22am
Quoting d1zzy
{quote} Mr. Powell, that you?
hahahha dizzy where you have been buddy.
  • #46,312
  • Oct 10, 2024 7:23am Oct 10, 2024 7:23am
Quoting Nordling
{quote} I make a living trading these news buddy, they DO make a difference, at least for me
i will be happy for you good luck and keep booling profit.
  • #46,313
  • Oct 10, 2024 7:25am Oct 10, 2024 7:25am
Quoting jawad99
{quote} FEMA already draw down 9 billion dollars, thats why possibilty of data is same ,so i Think it will hunt buy side liquidity as well as sell side liquidity.
few mins to go…. Feds comments earlier all indicated better data
Yup 0.5 cut incoming
  • #46,314
  • Oct 10, 2024 7:25am Oct 10, 2024 7:25am
CPI incoming, how do you read price action to determine the direction??
HexHa
  • #46,315
  • Oct 10, 2024 7:34am Oct 10, 2024 7:34am
Do you even spike bro

What a move haha
  • #46,316
  • Oct 10, 2024 7:34am Oct 10, 2024 7:34am
Quoting dac.farrokh
{quote} Long gold gradually...
Done. That's it for me, I'm not doing any more trades today.
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DAC
  • #46,317
  • Oct 10, 2024 7:34am Oct 10, 2024 7:34am
Quoting azhantahir
{quote} It does not happen, but prices give good clues for buying. Grabs my personal buy stop at 2614 Target around 2628 and 2657. SL with 100 pips below. and minimize it with minor TF. It's not certainties, but the probabilities are there. All about personal opinion. Trade safe {image}
Single entry for CPI

Lower Low happens at CP1, Going up weekly trend
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Look right, we'll see the signs
  • #46,318
  • Oct 10, 2024 7:34am Oct 10, 2024 7:34am
Quick scalp on the retracement with manual exit
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  • #46,319
  • Oct 10, 2024 7:35am Oct 10, 2024 7:35am
Quoting jawad99
{quote} FEMA already draw down 9 billion dollars, thats why possibilty of data is same ,so i Think it will hunt buy side liquidity as well as sell side liquidity.
both sell and buy is hunt down, now i m enterd in short..
  • #46,320
  • Oct 10, 2024 7:37am Oct 10, 2024 7:37am
Take out the lows + take out the highs and then wait for NYSE fo direction = Gold 101
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