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Nairaland Forum / Davigled's Profile / Davigled's Posts
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Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 3:49pm On Feb 20 |
Davigled: SL hitted, re-enter short trade on US30 with 50 pips stoploss, same target as before. if price hits stoploss again then I'm done for the day |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 3:13pm On Feb 20 |
GabsonFX2: Ogami Ekaabo sir, even though na 2days u use greet us sef, we welcome you with open arms... Happy to see those blues on your accounts sire. An inspiration as always, more blues to your account bossmi.. |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 3:09pm On Feb 20 |
DXYY: Hard luck bossmi, better luck on your next or other accounts 1 Like |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:45pm On Feb 20 |
Davigled:Buy limit deleted price almost at tp on gold US30 sell at current price SL 50 pips TP 160 pips |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:15pm On Feb 20 |
first trade of the week, Gold buy limit at 2022 SL at 2017 TP at 2032 RR is 1:2 Seeking IRL to ERL let's see how it goes |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 12:33pm On Feb 20 |
Eku market ooo, ah say make i copy oga currentprice language ni oo |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 7:03am On Feb 20 |
Donsheddy:wetin happen wetin happen wetin dey shele bossmi |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 5:28pm On Feb 19 |
XAUTrader4L2: TouchΓ©, all we have to do now is to wait for the Fed to tip their hands on rate cut expectations in the March FOMC meeting. |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 3:18pm On Feb 19 |
JasonNOTStatham: Bossmi there's public holiday in the US today, market might be range bound |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:15pm On Feb 19 |
In my humble opinion, I believe gold is bullish on both the monthly and weekly timeframe, that's the longer term perspective, but on the short to medium term perspective, (daily and below) it's bearish. this is because it is certain that the Fed are going to cut rates this year, this is bullish for all risk asset class, but the questions remains when will the Fed start cutting rates? no one knows except the Fed, and the Fed has continuously stated that they will cut rates only after they are fully convinced that inflation in the US is consistently on the path to their 2% target. last week CPI and other inflation data spiked up after a period of decline, this has spark worries of inflation being sticky, I.e struggling to decline towards the Fed target. As long as inflation is still hot and the US economy remains buoyant especially the labour market, the Fed won't cut rates. This is the narrative that gives strength to the dollar. Why is it bearish for Gold, remember that gold is a safe haven and also a risk asset, and it's demand tends to rise in periods of economic recession and geopolitical tensions, and other black swan events in the market, so its demand always rises when there's trouble in the financial market due to fear uncertainty and doubt (FUD) but as long as the global economy is still performing well, the demand for gold will be low, hence bearish market for gold, US economy is still the largest economy in the world and makes up a large portion of the global economy, and yet it's still really strong compared to her rivals, there's no need for investors to be afraid or any reason for investors to put their investments into safe haven assets. So Dollar bulls until the Fed start cutting rates.... |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 1:59pm On Feb 19 |
Emmizay12: VAWULENCE |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 3:34pm On Feb 17 |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 1:46pm On Feb 17 |
abeg oooo, make wuna come fight today naw, there's too much peace in this group. Pls sombori should start fight I want to check something ππΏββοΈππΏββοΈπππΏββοΈπ Oga Sam, where art thou, we never hear any sagely input from you ooo |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 11:31am On Feb 17 |
Donsheddy: π€£π€£π€£π€£π€£π€£ VAWULENCE |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 4:04pm On Feb 16 |
another mixed day like yesterday |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 3:12pm On Feb 16 |
Peejayz:The market mover University of Michigan Consumer Sentiment Preliminary report 1 Like |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 6:53pm On Feb 15 |
realone12: then we may go back to the days of account flipping or blowing then 1 Like |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 4:57pm On Feb 15 |
Jameselias: This is really scary. Sir, I do not know what to say to you neither do I have the right words to say that will comfort you, but I beg you in the name of God or whatever thing you believe in, please don't give up on life. As long as you are alive, no matter how gloomy it looks like, there's still hope. please hang in there and don't give up... If you have friends or family that you can open up to and find comfort in them please talk to them. if possible try not to stay alone always inorder to avoid depression... My prayer for you is that may today's sorrow transform into everlasting joy. Weeping may endure for a night, but joy cometh in the morning. Psalm 30:5 1 Like |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 4:48pm On Feb 15 |
G30fx: investing.com not forexfactory 2 Likes |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 3:43pm On Feb 15 |
ScarsAreStars:May I ask you why your selling gold |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 3:42pm On Feb 15 |
EASYLIFE4US: Na man you be, me ah no dey trade today sef, as the news dey confusing. I dey wait for tomorrow. Seems like gold is having her correction to maybe 2011... |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:53pm On Feb 15 |
US30 tends to rally on strong retail sales and falls on bad retail sales. it's looking like it may drop... |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:47pm On Feb 15 |
EASYLIFE4US:Na up down be dat oooo, better to just wait for tomorrow sef |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:45pm On Feb 15 |
Geovanni412: Bossmi, I didn't take any trade yet ooo, I normally wait for the news release before I act, I don't try to front run the news, but I expect to see a range bound market today. I'll just wait for tomorrow's PPI and university of Michigan consumer sentiment, that'll move the market. |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:42pm On Feb 15 |
Not the best data release from the US today, economic data camed out mixed, retail sales (both headline and core) shrunk beyond the concensus, this shows a slight decline or weakening in consumer spending for the month of Jan, meanwhile unemployment claims came out stronger which is still supporting a tighter labour market in the US, also Philadelphia manufacturing data another red folder event came into positive territory, it has been in contractionary territory and now it has moved into expansionary territory. A mixed release always muddles the market, and we could see market go both ways, I am definitely sitting this one out. besides the markets won't be volatile today as the data is not impressive. Gold correction to the upside maybe... |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:17pm On Feb 15 |
Geovanni412: but bossmi if you also look at news from other economies from Japan to even UK this morning you see that other economies are much weaker than the US economy and even their economic data has been reflecting The weakness of their economy so this naturally lend strength to the US economy should retail sales come out stronger |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 2:14pm On Feb 15 |
LincolnOnyeabor: Sorry for the late response, I was quite busy and I have to squeeze out time to post this now, so today we have retail sales coming up (both core and headline) together with unemployment claims, by 2.30pm. so far from the beginning of the month, NFP CPI and various remarks from the Fed members has been supporting or painting a stronger dollar. Retail Sales projected to come out lower, for the month of Jan, but if a stronger retail sales gets released we could definitely see a continuation of dollar rally and gold decline. also not forgetting unemployment claims, a lower than expected unemployment claims adds fuel to the dollar rally and gold decline. as for stock indices, it's a little bit different, us500 and us100 tends to decline on stronger retail sales like gold or rallies on weaker Retail Sales whereas the reverse is the case when it comes to US30. I don't know what retail sales will be released, I only wait for it to be released and then I act on it. Although I am anticipating or expecting a stronger retail sales with a lower unemployment claims which should support the higher for longer stance that the Federal reserve has taken. 1 Like |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 7:59am On Feb 15 |
Lonestar124: Alright I'll chat you up sir. |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 7:58am On Feb 15 |
Puremark: Luckily for me because I have been strictly trading 1 lot size and risking $500 per trade, I have been able to avoid hitting the daily drawdown, and also the maximum drawdown to some extent, even if I over trade the highest loss I have in a day is 3% and I stop there |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 12:44am On Feb 15 |
Lonestar124: Sorry for the late reply, how may help you sir, pls drop your request here on the group, and I'll respond ASAP... |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 11:00pm On Feb 14 |
samfelly: Edakun wetin you talk b4, because ah no dey class d time you dey talk am 1 Like |
Business / Re: Forex Trade Alerts / Discussions: Season 24 by Davigled: 9:40pm On Feb 14 |
Petah: Kozmicity dey school, and boss gabsonfx dey offshores due to work, they'll definitely show up once they are done with work. Shout out to kozmicity hope school is not too stressful, and boss gabsonfx I for one definitely miss your sagely inputs here, and also rhynoemmie it's been awhile bro, and lastly oga charly20 oOoOO, why has thou forsaken us and excomunicado us. not forgetting my personal persin, boss abham, hope your good sir 4 Likes |
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