Davigled:



Tp1 smashed, took half position here and SL moved to break even, next target for US100 is 18k
meanwhile US30 is just 40 pips away from 39k

and lastly werey gold is just doing anyhow

US100 tp2 modified to 18140

Gold sell at 2027 triggered

Davigle:
Goldie barbie;
Stronger dollar means weaker demand for gold except there's a black swan event. I'm looking forward to the blue line scenario.

US30;
Still bullish on the Dow, because the stock market greed seems unabated, the magnificent seven remains buoyant because of the tech sector is still in good shape and the buzz on AI hasn't die down. So the stock market is a stubborn bull.

Seems like US30 is going according to my anticipation which I made at the start of the week

GabsonFX2:
NAS

If today, Thursday, ends bullish...I will long NAS

I also flipped bullish last night after market close, Nvidia posted their earnings last night after market close and it beat market expectations (positive earnings). Before the earnings was posted, Nvidia closed down at 620_ish, but after the earnings release at the post market trading hours it jumped to 700_ish level. that's why I'm also bullish on nasdaq. price has already moved up 200 pips from market open during asian session. crazy move.

Nawao, the prop industry is really under attack in North America, that's the reason why US or Canada isn't attractive to me for my Japa plans, too much regulations and stringent policies...

One more thing, shout out to kozmicity, abham, rhynoemmie, and et all hope you guys are good.

And to jameselias, hang in there buddy, pls don't give up

Goldie barbie;
Stronger dollar means weaker demand for gold except there's a black swan event. I'm looking forward to the blue line scenario.

US30;
Still bullish on the Dow, because the stock market greed seems unabated, the magnificent seven remains buoyant because of the tech sector is still in good shape and the buzz on AI hasn't die down. So the stock market is a stubborn bull.

Hi folks, last week price delivered as I had anticipated on both the DXY and gold, but US30 didn't go as planned but the bias still remains the same. Going forward into the new week, the week promises to be super boring, with US holiday on Monday and no market moving events within the week, we may likely see some consolidation or correction of last week's price action.

DXY baby;
I'm still bullish on the dollar for the following reasons;


The US economy is still outperforming it's competitors, as the EU is still in bad shape although she narrowly avoided a technical recession, whereas, Britain and Japan unfortunately fell into a technical recession due to poor GDP growth.


Hot CPI and PPI release with poor retail sales, which has spike up inflationary fears in the US, one of the reasons for that is the rebound in oil prices towards $80 which caused the prices of food and services to spike up a bit in the US.


Lastly, strong PPI and CPI sent treasury yields higher, and they are not about to give up on their gains...

samfelly:


Yetown and Kaybee7000, make boss still give una extra one month, abi make we fold it here?

🙄

realone12:
I thought prop firms don't accept using of VPN?? make them no come use am as excuse close your account after you successfully pasd the challenge

HEHN 😲

WAVESANDGOLD:





what about etisalat?

for Etisalat pick the unlimited option but you only get to use 150mb daily

Davigle:
Gold sell limit @ 2028

sl @ 2033, tp open

US30 sell at 38100

sl @ 38150

stops hit on both trade, geopolitics and falling yields seems to be supporting gold at the moment, I am back to the sidelines with the patience of a crocodile

wuyexzy01:
no mind him.... na oga girlfriend dey enter ihn eye... yeye man!!!
na joke i dey o

hehehe 😂😂😂
something must kill a man bossmi

dmahn:


My Guy Davigle will be sweating right now 😂😂😂😂😂... Gold no go kee my guy 😂

NO GREE FOR ANYBODY

😂😂😂😂😂

we die here

erniok:

Euro probably tanked on account of event that may happen in April and we are still in January.

Yep the ECB is likely to pivot in April even before the federal reserve as the eurozone economy is really stagnant and underperforming. Also inflation is very low in the eurozone economy compare to the US economy...

Davigle:
Gold sell limit @ 2028

sl @ 2033, tp open

US30 sell at 38100

sl @ 38150

Alright folks, we are live on both trades

Gold tp @ 2000

US30 to @ 37700

may the market favor us this week

TrennixGLOBAL:


Bro i have downloaded the stark vpn and done the new updates stuff but i can't seem to connect it and i don't know which settings to choose.

Please can you tell you which settings you picked for either MTN or Airtel cos i use both sims.

Thank you.

Sorry for the late response

Follow the pics below

nzechu:
bros good morning, kindly de give space between paragraphs. It aids readability

Duly noted bossmi 👌

Gold sell limit @ 2028
sl @ 2033, tp open
US30 sell at 38100
sl @ 38150

US30

GOLD

I am bearish on gold, from a technical perspective, we can see that gold has struggled to breach the 2074 level, every time it came close to it, it deeply corrects to the downside. the high of 2074 was made during the covid pandemic era, and after that it corrected to the downside, when Russia invade Ukraine in Feb 2022, gold rallied close to the high of 2074 but it failed to breach the zone and corrected deeply to the downside, last year October 2023, when Hamas attacked Israel and carried out an onslaught in Israeli soil leading to the current invasion of Palestine by the Israeli army which spiked up fears of an escalation of tension in the middle east, and also the end of year rally when Powell admitted that they were going to start cutting rates in 2024, we see gold rallied crazily and even breaching the 2074 level for a brief moment but failed to close above the level, and ever then gold has steadily been declining as a result of rising yields and strong economic data from the US (gold has a negative correlation with the dollar). where does this leave us now, as the saying that says history repeats itself, we should expect a deeper correction to the 1980 levels due to the following reasons:
1. it failed to breach the 2074 level for the third time.
2. the US dollar remains strong on the back of rising yields and strong economic data, although gold has been range bound for the last two weeks, this is due to geopolitical tensions in the middle east, specifically the red sea saga, within last week the houthi's attacked two US cargo ships sailing through the red sea, thereby spiking up fears, this somehow gave strength to gold, as demand did rise a bit but it still wasn't enough to help gold break off the grizzly grip of both the US economy and the treasury yields.
3. In the event that Fed chair Jerome Powell gives a hawkish remark in the upcoming FOMC meeting on Wednesday, this will definitely make gold break out of its consolidation and plunge much lower as the DXY will definitely rally on a hawkish remark but should he give a dovish remark and thereby hinting at an early rate cut, we definitely will see gold break above 2030 and maybe 2050 level, but it ultimately depends on what step of action that the Fed's intend to take onwards. besides this are just my humble speculation and I could be horrendously wrong, it would be wise to be adaptive to the market as price unfolds

And lastly, gold is in a MMSM on the 4h timeframe

US treasury yields
the treasury yields are all bullish and rallying due to strong economic data from the US and also the decline in expectations of a March rate cut made all the yields to stay afloat. we can also see an inverse head and shoulder forming on the US02Y which is a bullish chart pattern

My weekly forecast;
DXY
Overall, I'm still bullish on the DXY, as strong fundamentals continues to come out of the US economy, from the first week of the year, NFP data came out higher for the month of December, CPI also came out higher in the month of December which gave the impression that inflation remains sticky, retail sales coming out stronger showing the resilience of consumer spending in the US, strong weekly jobs report except for last week showing that the labour market remains tight, strong manufacturing and services PMI which shows that production or the industries is in expansionary territory, an outstanding GDP which beats investors expectations and with the icing on the cake, PCE deflator, the Fed's favorite tool for gauging inflation came out higher on the month over month report and tricked lower in the year over year report. this shows that the US economy is still performing well or better compared to their counterparts in the global economy or among the G7 countries. If we recall December's price action for the month of December, was pretty bearish for the DXY due to the Fed pause in the FOMC meeting in November,
which fuel the stock market greed, as expectations were running high that the Fed is going to cut rates starting from March 2024, but recent economic data and comments from various members of the federal reserve has not only push back but also dial down the bets of an early rate cut in March, because they needed to be sure that inflation will steadily go down to the 2% level before they start cutting rates. if they cut rates too early, it could trigger a recession in the US economy which they are fighting to avoid. At the moment now the Fed has achieve a soft landing in the US economy with the recent economic data, this means that they have successfully tame inflation without triggering a recession while the US economy is still performing well and expanding aka the goldilocks. So the Fed would not be in any haste to cut down interests rate they may wait till Q2 of 2024 specifically in May before they begin to pivot, although this is my speculation but Powell may reveal the Fed stance and the next step of action in their upcoming FOMC meeting on Wednesday. And lastly, seasonal data shows that the month of February tends to be a bullish month for the DXY, I will continue to be bullish on the DXY as long as strong or positive economic data continues to come out of the US and price action continues in an uptrend or bullish market structure, although we could see some bearish corrections or deep retracements, it won't change my bias on the DXY
so levels of liquidity that I am watching are, 103.80, 104.26 and subsequently 107.38

Evening folks

Peterfx01:
Spike took me out!

me too

Davigle:
Gold sell
E @ 2017
SL @ 2022

GDP release in 8mins

Stopped out
Entered short again at 2019
SL at 2024

Gold sell

E @ 2017

SL @ 2022


GDP release in 8mins

Davigle:
BTCUSD sell
EN @ 40000
SL @ 40500
TP @ 37700

TP modified to 38000

Davigle:


TP on usoil set at 76.50, ah no wan make the same mistake wey ah do today, I run with my profit if market go hit my TP,

Usoil long trade closed at 76.00, plus 150 pips locked in

BTCUSD sell
EN @ 40000
SL @ 40500
TP @ 37700

Davigle:
😭😭😭

Update

US30 stoploss kissed

nas100 stoploss devoured

usoil still in floating profit

I feel wrecked right now, from floating profit to shocking loss, I'm still in shock....

TP on usoil set at 76.50, ah no wan make the same mistake wey ah do today, I run with my profit if market go hit my TP,