infofirst:

Why you dey laugh? The guy dey high on stoplosses, and he's spitting lol

Impenia:
Price now at $1600. Taking a small risky sell here. Ultimate sell point is $1610.

Waiting there too.

Hopefully eu is good to show some corrections as predicted. You are right with the gap filing.

Wetin you dey do for bet thread since bro? Welcome to where you belong

Gold chasing higher high above 1610

Blackeurop:


Why you dey laugh? The guy dey high on stoplosses, and he's spitting lol

It's funny ni. Plus he is one of the authority here and I want to believe you know as well.

infofirst:




It's funny ni. Plus he is one of the authority here and I want to believe you know as well.

And he should contribute to current blasting of the market at the moment, and not making imaginary guessing, if he said he think I'm lost son of bill gate, that is much honourable than what ever odero he mentioned.

Blackeurop:
Gold chasing higher high above 1610

Price reaction when it approaches will tell

infofirst:


Waiting there too.

Hopefully eu is good to show some corrections as predicted. You are right with the gap filing.

Wetin you dey do for bet thread since bro? Welcome to where you belong

I used this moniker to frolick in the betting thread...lol. Took a second Gold sell and closed both with net breakeven. Waiting now to see what happens around 1610.

Impenia:
I used this moniker to frolick in the betting thread...lol

I hear say bet kills over there, avoid it.

EURCHF...not quite ideal but I'm taking a bet here on long. Price could still drop to the 1.06 handle.

Selling GOLD 1605 SL 1608 tp 1585

Closed for the day, 67 dollars achieved. Real acct still ruñong on GU

Change TP to 1598, it should go to around 1610 for lower move.

saxy4c:
Selling GOLD 1605 SL 1608 tp 1585

Closed my earlier position at the swing point (confluence with 200 EMA). Looking to to take another stab if it drops to 1.0803.

@blackeurop, does it mean that if this account gets to 250usd, I am done for the week?

wiconse:
@blackeurop, does it mean that if this account gets to 250usd, I am done for the week?

I THOUGHT YOU WERE BUYING GU. THAT;S GOOD

walexy100:


I THOUGHT YOU WERE BUYING GU. THAT;S GOOD

I HAD TO CLOSE BEFORE IT GOT TO MY STOP

wiconse:
@blackeurop, does it mean that if this account gets to 250usd, I am done for the week?

Go wiconse go. keep it up.

Impenia:
I used this moniker to frolick in the betting thread...lol. Took a second Gold sell and closed both with net breakeven. Waiting now to see what happens around 1610.

I took a fast one too and ran. Waiting.

Impenia:
Closed my earlier position at the swing point (confluence with 200 EMA). Looking to to take another stab if it drops to 1.0803.

Trade mgt. Smart one. Let's ride it up there bro

infofirst:


Go wiconse go. keep it up.

NOT YET BRO.

IT IS NOT OVER UNTIL IT IS.

FUNNY ENOUGH, I TOLD MY LAWYER FRIEND TO BUY GOLD @ 1587. TP @1597

YET I DID NOT BUY

Update

wiconse:


NOT YET BRO.

IT IS NOT OVER UNTIL IT IS.

FUNNY ENOUGH, I TOLD MY LAWYER FRIEND TO BUY GOLD @ 1587. TP @1597

YET I DID NOT BUY

He dey happen.

If u know u know

Impenia:
Will attempt to buy NZDUSD if it drops to the 78.6% fib ret. That area is also a daily Demand Zone.

Tempting...

PipMarshall:

Totally out of sync with the market.

It's unreal.

It's also alright. It's why we say people should trade responsibly. Keeps you well in the game even after series of losses. And your capital is more or less preserved.

I am going on exile again till I get back in sync.

My aim here is to add value to people, NOT make them lose money.

I'm experiencing similar, it's maddening.
All the trade setups I shared earlier (Gold buy to 1600, GU buys, Oil drop) played out..... In the end, some moved well but I didn't lock in profits in time or moved SL to breakeven too early.

I'm certain there'll be better weeks though.

Lost $50 on the challenge account though

Impenia:
Tempting...

Looks like there's too much downside momentum.

voraz:


Looks like there's too much downside momentum.

I'm inclined to agree. Might just hold off on this one till price drops to my initial target (0.8325).

Too much retail (dumb) money buying EUR pairs atm. This is usually not a good sign, as SM willtypically try to push these further down to trigger SLs and margin calls before reversing.

EUR pairs actually seem "oversold" but buying requires real tactical plays and strict money management.

voraz:


I'm experiencing similar, it's maddening.
All the trade setups I shared earlier (Gold buy to 1600, GU buys, Oil drop) played out..... In the end, some moved well but I didn't lock in profits in time or moved SL to breakeven too early.

I'm certain there'll be better weeks though.

Lost $50 on the challenge account though

most time it is not our analysis that is wrong. but our trading psychology.

I was pretty sure that gold was bullish, but then, I was selling more than I was buying.

better trading days ahead.

Impenia:
I'm inclined to agree. Might just hold off on this one till price drops to my initial target (0.8325).

That looks safer in my view too. I was looking at 0.8330.

Euro must give us the pips. The plan remains same.

wiconse:


most time it is not our analysis that is wrong. but our trading psychology.

I was pretty sure that gold was bullish, but then, I was selling more than I was buying.

better trading days ahead.

Trade mgt, trading psychology, all of those matters too.

infofirst:


That looks safer in my view too. I was looking at 0.8330.

Euro must give us the pips. The plan remains same.

Tbh, EUR is a tricky one. From a Fundamentals standpoint, the currency looks weak (especially with the abysmal German ZEW data today). From a Sentiments standpoint, the retail positioning I posted earlier is a recipe for further downside. There's also Technical reasons to support further downside.

I really can't predict this right now, as it can go either way. So, in the meantime, I'll just adopt one of my mottos - "When in doubt, stay action"