#💱forex-chat
1 messages · Page 111 of 1
Well some trade off only using Moving Averages, Some love trendlines, some gamble NAS & XAU & some wanna learn the liquidity from SMC 🤷🏼♂️ as long as it works for you and you are profitable at the end of the month, you don’t to worry what some else is doing ✅
As Legends say -> Trade what you see not what you think 💭
Lemme check .. opening TV
i traded for years based on vwap and macd on stocks.I made good money out of it but i also used fundementals cuz imo fundementals are always more important than what those indicators tell you
Already done my daily target for today thou @novel ledge
default for internals
SB session happening for now and Gold is dropping slowly .. Vols are low but still bullish
On 15m TF
@worn hatch thanks man
why not try our indicators for 30 days risk free if you like what you see: https://www.luxalgo.com/#premium-packages
i will
when you guys running a discount pls
No idea for now .. Keep an eye on #🔊announcements thou
sure
Just one path, dont forget, there's 2 paths
Damn gold is pumping already 2161
GOLD will go back 2156 and 2128
Good morning ☀️
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Todays news (UK) time
Anyone trading ger40?
Lets see if UJ is good to me today
I've sold cad and chf against JPY. these 2 seem to be the weekest today
oh! you are looking for the reverse 🙂 ill be out by then
Yeah im out for a 0.5% loss (:
My eu short from yday running 20 pips finally
morning!
good day. what indicator is recommended to pass prop firm? merely looking for 1:3 rr strategy. not yet a member. buying soon
ps: more of a Xauusd trader here fyi
Morning fam ☕️
DXY bullish divergence on 1h and 2h TF
Technical Analysis: Gold price needs to pause after the recent record run amid overbought RSI on the daily chart
From a technical perspective, the recent breakout through the $2,064-2,062 strong horizontal barrier and a subsequent strength beyond the $2,100 mark was seen as a key trigger for bullish traders. That said, the Relative Strength Index (RSI) on the daily chart is already flashing extremely overbought conditions. This makes it prudent to wait for some near-term consolidation or a modest pullback before positioning for an extension of the well-established short-term uptrend. Nevertheless, the Gold price seems poised to climb further towards the $2,200 psychological mark.
On the flip side, corrective declines might now be seen as a buying opportunity and remain limited near the $2,100 round figure. The said handle should act as a pivotal point, which if broken decisively could drag the Gold price back towards the $2,064-2,062 resistance-turned-support. Some follow-through selling will suggest that the XAU/USD has formed a near-term top and possibly shift the bias in favour of bearish traders.
Gold is bullish on SB session on 3m TF
lets get my 0.5% back i lost this morning (:
I want XAU to be more of a Lamb than a Bull.. but I have to wait for some news... I am looking forward to a pull back might be a friday thing...
Its possible at US opening there will be little trading as we wait for Dr. P... There should be a USDX upturn.. I assume.. ish
although election times are here and its getting a little bit almond nutty
I can see a decent scalp this morning...
This could answer you well
We are already extremely overbought on Weekly chart
Tomorrow gold will have a big red candle 😄
yes
high impact news or what?
what time?
infact way too much news
It is just overbought, any news would crash it
as a trader, I advoate limits on amount of words said by politicians
sadly there is no overbought in bullmarket . Rsi is usually 60-80+ in strong bullmarkets and can reach 95+
say 10 works a day
Tomorrow we have non farm payrolls and unemployment rate news
what time tho?
The unemployment rate is not bad
I am just not sure about the momentum, it is weird
but Dr. P needs to make sure the elites have their shorts ready or their big trousers...
We got two news today too
P rolls in late
Especially for eur
EURUSD...
stay away from this..
there is some noise on the whole NATO invasion of Ukraine
Today and tomorrow, I am only on US100
Yeap, there are opportunities
I was doing some experimental cooking while waiting for XAU..
I have combined Thai red and thai yellow...
with chicken thigh
very tastey...
also looked slightly orange but not as much as I thought due to levels of green chili and fish sauce..
good times
i have some left so debating if this is a possible breakfast... its likley the wife will stop me and tell me I am crazy...
but I am still thinking some steamed rice can help..
I also put some aubergine in there there
I precooked and soaked on salt water..
You can eat everything at breakfast, breakfast is a lie (coming from a guy that eats full course turkish breakfast at least twice a week)
multi tasking 😛
Yeap
American Capitalism at its finest
I read that Humans sleep in 4 hour cycles and this 8 hour concept is simply not applied
I sleep in 2 hour cycles
ive read about that - theres a good book ive read called 'why we sleep'
Also the orange juice
I have found that 15 min micro naps are useful
and having a sleep break after lunch is good
I sleep 5 hours, I die early
Love your profile picture @rough jungle
Grey sunset is also a sunset 😄
I grew up on equator
Oh
it was easier as I would have normal times
Whats wrong with it?
I was reading on reuters...
Interest rate today
there is a German political issue..
germany are going to be giving out terrible news
their industrial sector is under liquidity issues
their agriculture is also in issues
there is a 19 billion funding gap
and they need to borrow
this will force euros down...
due to quant easing
at the same time
USD is not stable until Dr.P
It will help my trade
so for me at least the optics look tooo unpredicable.
if US does not post good numbers... which it wont
and the EUR is a german mess..
then I dont know in pair terms what will happen
so that means it is bearish right?
I booked 20 pips
and wait
20 pips is not bad as small movement
There will be spikes either bearish or bullish on these news events
I am shorting from 1.8970 to 1.8720
which will be erratic and emotionally driven
Before the news anyways
When is german news
Those techicals I saw but its the news thing, you might end up holding the trade for some hours.
1% back i lost and more
4 hours
yeah will see
you will know in the first 10 mins of the news...
for the US look for mad happy dancing and for the EUR, look for sad faces...
you cold scalp out as you dont have exposure...
I would personally bank it.
and then consider..
I am looking to close out my XAU
but I need to keep scalping to pay for it
I am on bullish dxy been saying for last two weeks idc about the noise atm unless dxy breaks 103 then i will change my stance
I follow fundementals
i thing that DXY is over sold
Yes
and thats due to this war and trump thing
Trump winning favour... is causing chaos.
Eur aint gonna overcome dxy
no..
dxy is still very strong
EUR will dump
and DXY will jump..
and XAU will dump
my thoughts.. in theory
if you look at US100 its a good reflection of drivers on DXY
also consider oil,
thats causing pressure as OPEC as sqeezing supply
which increases underlying costs for commerce.
but the impact is stagged
april begging of business year.. is a high impact time
beginning*
in 2 weeks many businesses will freeze their books
Us100 will also correct
agree
early March is usually seasonality correction
the Us100 has a lot of tax complications as costs to come
they will silo a lot of liquidity
10% economic capital is not unthinkable
Eurusd is still very bullish
Bullish Incoming soon
3.5% and 8.5% potential if they play out
Is 2160 right now the highest price of gold in whole history up until now?
DXY will go more down up to 102.3
based on this XAUUSD may cross 2200
Look at DXY crossed TP2
What do these charts mean on tradingview? It's not ticks is it
You can find information regarding range bars here: https://www.tradingview.com/support/solutions/43000474007-what-s-range-interval-and-how-do-i-select-it/
Damn. That kingfisher clone deleted his account
I was looking forward to being hacked....
no doubt they'll be more in his place at some point, there always is 🤦♂️
I think range bars don't consider time. I think it's tick so after price goes 1 tic a bar is formed or you can set it to 10 etc. it would get rid of the noise and you'd see how fast price is forming... like you'd see the volume in real time. That's my understanding 🙂
.
Audusd is at an established trend line that dates back to 2021. It can cross it but it generally doesn't. If it uses the line as resistance today then lower support is theoretically 60.000. this is weekly however. Take it with a grain of salt.
god UJ price action is painful to watch at the moment
Good morning all
morning 🙂
God another J Powell speech today?
2nd part
Fun
i have kept shorting..
but only because of 5pm today the correction based on Dr.P
whats your DD now ? -40k ?
40! nooooo
I'm in only 1 trade rn, nothing massive but will need to exit before fed speech, palladium jumped 10% yesterday
much more sensible..
- 25k
-30k
Around about
god damn
i put it at a gentle 29
yes God has made a damn... and the waters will fall..
or something
🤣
or I just put more funds in
i am chilling with my BE short on EU
withanding exposure is everthing
I'm just chilling with my £300 account over here lol
I'm short palladium, just need to exit before Powell makes it jump 10% again
well in theory with my draw down.. i have to use kebab funds... to protect
i have only 700 lambs left and 3000 heads of cow
and a small donkey
always using your kebab funds
Can't lie had such a nice kebab box for dinner last night, Taka Taka hits the spot always
making me hungry, nearly dinner time for me
Nasty divergence on EU 2 hrtf
i am due for brunch
It's lunch I need to start thinking about something
the linner and dinner and supper and dupper..
also I eat all trading times
there is asian cycle
euro and US..
might get a kebab delivered for my dinner now that ive talked about it
so many times for food
which kebab are you feeling the need for?
its 11
in UK
many who make the kebabs dont start to later
nevermind just checked uber eats, will get some fried chicken place whats open instead
if you have an air fryer you can heat up well.
gets the crisp back
focus on thigh.
why DXY price is not the same between TVC and CAPITAL.COM on tradingview ?
breast is dry and too big.
If they are brokers,,, they have slippage?
20 lots????
you shorting uj or longing ?
Gahdayum
Oh I understand now what you're doing
internal market structure within market structure
Your long is on the lower line and you're just shorting to it
My brain has died I forgot what it's called 😭
hedging
not holding a buy and sell at same time, just trading a rising flag reversal to my falling flag reversal point
Done a similar thing with NQ today, bearish FVG short into a big long
would like to have banked the short and got my long to BE before the news though
That was what I forgot, the flag pattern
Thank you for reminding me
News might help who knows 😄
news usually burns me majority of the time, although last friday i placed a quick trade 2 mins before news with tight sl and 45pip tp and got instant tp haha
I don't like trading news ive blown up at least 2 accounts doing it
Then again I was over leveraged for my account size
So both factors were my fault
Now I'm on a sensible leverage and a bit smarter than last time lol
all about RRR
This was the one, bearish FVG into reversal US100
we've all been there before
Wow interesting 🤔
never dabbled with us100 or us30
It was nicer to me than forex for like two weeks 😄
Damn this is too much for my eyes
to see this, you must wear eye patches
🤣
Over both eyes?
yes
🤣
and only walk backwards
HAHA
And flip a coin to long or short
Random number generator for lot sizes
but never too much
It is fascinating you can see the price and act on it when so many things going on there 😄

Ear defenders
Got the ol' tingle in the spine
Still got 3hrs 30
Before powell, there are EUR news too, big ones
EUR... well we know its not good news
Don't think my trade should be affected by that
I'm trying to keep it safe for the moment
as that is making liquidity for paladium
I've got palladium and dxy up side by side
EU, AU, CU all hit even numbers in the past 24 hour. Example 65.000
Missed palladium, tried copper last week but never again, refused to go logical way for 5 days, kept me on the hook 😄
I got stopped out on the news yesterday, wasn't expecting Powell to start talking about the metals
I was short and it jumped 10%
the way to dominate the market is to put a sticky plaster on Powels mouth....
Luckily I had a relatively tight sl
when he speaks I lose money
I never use SL's on news, they are making me lose money 😄
I'm glad I had mine, I only lost a small amount but if I didn't I'd still be in hella DD
If you want to make money on electrical battery based metals, invest in the slave trade.. not the metal... this will involve many bribes and I dont recommend it
Need a middle man for that as well

also you will either be in prison or something else
Off grid
lol
Either 2 things are gonna happen with Powell today, he's either not gonna talk about the metals again or he's gonna speak about it heavily
I usually put positions on both ways, with a gap so that sudden starter moves won't get me into the position, and then it is a win win when I catch the big candle
I don't have the capital for that
to hedge you need a lot of capital
and you need to wait as you end up in a swing no matter what
So I thought I'd be OK since the fed notes I read wasn't going to cover metals
That's true too
also if you hedge you can blow a book if you dont protect margin as you chase profits on your positive positions
Yes you have to calculate your lot size
yes and thats hard work
if its moving
you almost have to micro trade out of your bad hedge
I'm still calculating lot size so I'm not overusing my margin
I am quick with my hands 😄
lol well thats what she said
I'm no where near that level yet, still learning the basics and getting the hang of the more simple stuff
Like PAC
lol
in all I recommend reducing trading for a few hours...
I am not able to predict what Powell will say or what Germany will say..
I just know there is going to be a movement and I think DXY increases
All trades will be closed by 3pm gmt
I've moved my palladium short to BE as well
dxy is starting to go up
don't predict with small move
we are bouncing from a strong level
it is very hard to break 103 without news
if you were bearish you would not be shorting support anyways
you would wait for a pullback on dxy
it may break till its not settled
then short
I am not stopping you from trading.trade what you think
I will do what i want as well
I am waitng for perfect buy in DXY and short in XAUUSD
dont trade on DXy until we see news, just my two cents, which is quanted to a small pebble.
sure
yeah i am on free risk atm wtih BE
i just think price will pullback before another big move if they really want to break 103
XAU will in my thoughts be shorted into market close tomorrow
the next break out on XAU will be large so short and get out...before
lol but its shiney?
yeah man but gold is crazy during news
currencies I am not gonna get fked hard if price goes against me
well in my case yes
but so am i
remember
it cannot keep doing this
it eventually moves the "correct way"
"The most desirable direction"
I know this If you add "dr P" to soda and mentos.. there is a lot of movement and gas..
Dr pepper?
Powel
Ah
Right
Guess I'm too British to come up with an answer like that
I've always called Dr Pepper as Dr P my whole life 😭 of course this is the one time I get it very wrong
🙂
news time
news in 1hr i think
I am actually tired from work been on the field all day
i just want to get it over with so i can go sleep
xD
haha any update on EURUSD
dont get into anytrades until euro news are over
in 1h 15 min
then we got powell ofc in 3 hrs
Roger that @plucky stag big Thanks
I have put a sellstop 1.08770 EURUSD, if it hits it hits
i had a really good entry yday thats why i am holding on to it
I dont always catch the very top xD
so i am sort of greedy with it i dont want it to be just a scalp
I rarely scalp, I am the guy that bought gold from 1990 2005 2013 2020 ... 😄
well i did the same
gold imo has always been bullish there might be bearish cycles sure but if you had to pick one direction to stick with
it will be long
cuz gold will never be useless
Realized those positions here and there till it hit 2150s, now I am not touching it it is scary
Exactly
you did the right choice
i am also not touching it atm
never fomo and take the best entries
I am touching US100 for 2 weeks as well, oh boy it is good
past two weeks werent so good unles you bought the bottom xD
then yeah sure it was great
Bought at the bottom, sold at the top etc etc 😄
nvda carrying us100 so hard
I don't like them because they are like apple, f'ing their customers (I have AMD GPU lol), however their AI research etc are great, truely a monster of a company
well in gpus there is no competition against nvda
amd is great cpu but still far bheind nvda in gpus
For last two gens are great actually
in terms of investments i did buy both
think like this...
cuz i believe in their tech
AMD always ahaed with hardware, they were behind in terms of software but they are catching up
what resource is needed to make a GPU?
In terms of investments AMD INTEL and NVIDIA will live long
You need silicon,
Semi-conductor industry as a whole let's say
focus on raw product
thats not the answer
people found already better altrenatives to silicon and stuff but it is just that it is the standard and they are already invested too deep into it
they have to do the same for the other altrenative
consider this, look at neural networks
and the micro insdustries
as well mostion capture
like ceo of nvda said moore's law is dead
yup
and ik this is true cuz i also worked on making chip designs xD
well back in uni anyways
🙂
havent touched that shit in years now
Instead of chating so much why don't you guys stay focused on charts
Silently work behind the scenes
I'm eating lunch rn
So I'm having some downtime from looking at the charts all morning
ye thats fine
take your time there is nothing on the charts anyways atm
until news
That's another few hours anyway, got some uni work to get on with it the meantime
hope the news shifts this UJ, painful to watch atm
it will only go up when dxy is moving up
atm still ranging around support
waiting for news
missed my close for my short whilst eating my dinner
Feelsbad
morning 🙂
closed my UJ short, it was annoying me ranging! still will await my long though
6 min eu news
lol gold
FX is tough since beginning of year, especially the USA pairs, no joke....
awaiting this now
Hahahah it hit my sell stop lol
rofl maybe i should've waited for the news
Will it wait the press conf tho
i got out anyways
great trade
like you said too many news ahead
nothing is certain
i got my full 40 pips
been a long day at work ima chill now.you guys take care
done me dirty.. closed and it tanked down to my tp LOL
I think its a fake dump for eurusd
Bearish Divergence for Gold on 15m TF
16 mins there will be a press conf, price is waiting for that
forgot about news and entered long LOL
It might wait for powell too
eu usdchf
there is oppurtunity to buy no lower liqudity
market is going to sky rocker
MIX news for DXY
like they say trust the process
damn didn't even notice mr powell. Getting out of my trades while im up
See if I had a SL, I would have lost money, now I am in profit shorting EUR 😄
I will keep it tho, today DXY will go up I think
Im actually glad I had a SL. Not used to doing forex so the lot sizes confuse me a bit, so was probably in a bit heavier than I should've been.
.
Glad you are in the safe mate
made it up with nas and gold though, so breakeven on one of my accounts.
Gold buy or sell ?
🤷🏼♂️ 💩 been climbing for days now
GJ has good long setup though
For safety don't do anything till 12th March
Why ?
Let's settle the DXY and Gold to a certain point
my last trade of the day
unstable
gold is super unstable rn
Might hit a 10% day 👀 months done if I do 🙌🏽
GBP/JPY is also a potential LONG
lemme check it out, aint traded GJ is forever
id like to see this for a long
Nick, me and u are both ict traders, do you want to collbaorate with me
we can scan lot quicker for information
Naah man I happy to trade together but I trade alone it messes with my emotions
I might have a different view & you might have different which will make me think twice before I trade or step in ?
Coz I only trade what I see not what I think 💭
gpb usd being market sponsorship ?
same
trust me you wont lose on it neither will i
@noble crag your right gbp is going long i can see think some sponsorhip is happening
Bullish Divergence on 15m TF on Gold and DXY is dropping
12% day 😎
done trading for the month
wonder if powell can shoot UJ to the moon (:
here we go
SB session for now
I am just scalping around
We are gucci with Lux bud 😎
i agree!!!
why you here then??? leave then
idiot
✅
damn bloody idiot
Yeah
Uj to the moon
👀
Hey @worn hatch you use default settings with trend tracer ? For scalping ?
indeed yes
Presets Trend Tracer + rest everything else default ?
All Default settings
Same with PAC too .. no numbers changed
I tried to shorten the hyper wave length but it increase noise too much
Too many triangles 😂
Keeping it default is much easier to trade with
1 minute or 5Min ?
I trade on all TF - 15m and below until 1m or sometime 10 secs chart too
You follow matrix oscillator for entry or exits ?
✅
currently I am on 2m TF in Gold scalping
Check out Mickys daily live stream https://discord.com/channels/641770286638694402/1178430832151638077
Any gold analysis
@open cave has earned the Lux Level 2 role!
How to set alerts for PAC movements like HH LL LH and HL any body knows about it?
you cannot set alerts on HH LL LH and HL, but those align with the premium and discount levels, you can set alerts on them
Okay
Market is waiting for NFP tomorrow
DXY dumping
you trade on NFP day?
no
well i might trade in the morning but I pass on nfp since i am usually busy with family and stuff
yeah i tend to stay away on NFP way too risky ha
I did trade last nfp tho but was kinda crazy ride I did end up getting a nice win but i usually avoid fridays anyways
tho i keep in mind if i want to trade those big news days it will always be small sizes
protecting capital is important
100% ive put a play lot size on now and again but dont do it often or make a habit of it. Just waiting for UJ to gimmie another 25 pips and ill be happy
NAS looks almost in a sweet spot to short 🤔
Na na na just long just lon
Don't be hasty 😄
How FX treating everyone?
Been nasty for me past few months.
UJ came out of it's nasty chop range on the 4H
Big daddy EUR/USD just yuck!
i want your chart colours 😮
UJ treated me lovely today
EU has been choppy since beginning of the year, all coz of USD playing games
was waiting for one more push up for UJ
whats your UJ bias
DXY is just PURE 💩 since beginning of the year
💩
Watch the UJ news later today, may chop until USA opens its toilet mouth later as well
might have to stay up for it, got a long deep in profit, banked 50% and at BE and looking at another potential entry
@noble crag what does ict mean with ranges, where he marks recent candle low and recent candle high
You are talking about Daily Highs & Lows & PDL & PDHs
probably a OB
his showing the accurcy of the monthly OB
acting as a resistance
support and resistance
Daily candles & Hourly candles hold most SL for swing traders
i never understood it with the close high open candle
or close low open candle
i have seen them people use them to predict on midnight nyc session
if its going to bullish or bearish
Do you guys think USD will bounce back? I’m in big loss
@noble crag ict talks about Range, lowest down candle recent and highest recent upper candle that makes our range
but i dont understand what does he mean by range?
Inner Circle Trader (ICT) forgot he can't trade and made the terrible mistake of livestreaming actual trades. You'll see why it only lasted for 2 days though.
Full exposing video: https://youtu.be/9UUFlSE8Ztg?si=NWlvlJ4ASm9QYoJk
Extra videos and early access to these videos: https://www.patreon.com/ImanTrading
Second channel for live trading:...
I want to short this eurusd
Go for it
no sign of reversal yet
I know 😂😂🤣
Then wth you wanna short it ?
Ig ore the green money overflow
Ignore*
Just wait for 1h bearish divergance
Till that so nothing.
Do*
NAS is in a sweet spot though to short
If u get lucky
If there's no divergance wait...
But it will probably pump till nfp
Yes I'm waiting for a bearish divergence. we are close to the ob
Well somethings there
Just need a good rejection
I would wait for money flow to turn red
hhhhmmmmm
No good, my stops keep getting taken.
current UJ situation
How much are you in Loss and what pair where you trading ?
fancy sharing your chart link so i can steal your colours, im bored of mine 🤣
i showed in the stream the salmon color
LOL
its one of the TV default color palettes
It found support from February 6th
tagged out at BE on my other entry. just got my runner now from this morning
sod it in closing them and going bed soon, tired
Day done 🤷🏻♂️
monthly target in 1 day, ill barely trade for the month now
wow impressive
not every month is a positive one, jan/feb aint been the best for me
sup guys tell me where I can find beta testers for the game
Sorry you are in the wrong discord server @icy wraith
night guys, see you in morning
Not when it’s 8:30pm and been at charts since 5am 🤣
Although I have just done a UJ long trade with 5 pip stop loss
Wake up in profit or stop loss 🙃

😂😂😂
To the moon 🔥
Wish forex wasn’t so addicting. I’m tired but want to monitor this now 🤷🏻♂️
At least picked the right pair to trade, unlike me and stupid a$$ eu
LOLLLL
I used to only trade eu a year or so ago then she kept doing me dirty so I exchanged her for another 👀
Looks like I need to do that.
I was suckered into zero pip spread

Teased you into a false sense of security
Don’t need zero spread on 4H anyway I should be the one wanting that with my max 8 pip sl
I wanna refund, RIGHT NOW !
Around $1500 AuDUSD and EURUSD.
Here is what is causing FX havoc
The Dollar
Based on the recent swing structure, Premium/Discount levels, price did retrace back for the continuation upside.
BUT, it is now taking a detour.
But it is still within the longer structure upside trend.
Tough
You have all the technical reasons to stay bullish on the DXY
Diamond hands?
But we do have JP and NFP this week.
🤷🏻♂️
Looks like they find any fundamental data good for others bad for dollar to shoot the dollar down
never assume
maybe jpyusd will be a fakeout on sells just for buyers to keep buying
s o
tired bout to sleep while typing xddd
Technical ye dollar should be bullish but I think fundamentals are more important than ever at this point
I think gbp and eur don’t cut rates before dollar do or they will burst
But economic wise gbp have to cut rates lol
YUP, technically, all the reason to find a spot to go long.
But fundamentals, news, JP, NFP, etc will throw a wrench into this
Or their economy will be fucked
JPY is a strong outperformer today
Let me explain.
- BOJ Policy Change Speculation
Speculation about the Bank of Japan (BOJ) potentially ending its negative interest rate policy is causing the yen to strengthen. This shift is anticipated because negative rates, aimed at fighting deflation and stimulating growth, make the yen less appealing to yield-seeking investors.
The prospect of higher rates in Japan increases the yen's attractiveness, boosting its value.
- Rising Wages in Japan
Reports of increasing wages for Japanese workers suggest potential growth in consumer spending and inflation. Since central banks adjust interest rates in response to inflation, this could lead the BOJ to raise rates, making the yen more attractive to foreign investors and strengthening its value further.
- Carry Trade Implications
The carry trade, involving borrowing in low-interest rate currencies to invest in higher-yielding ones, may become less viable with the yen. If Japan's interest rates rise, diminishing the yen's role as a favored funding currency, investors unwinding carry trades would buy back yen, increasing its demand and value.
@echo kiln
We might need to wait being bullish on the dollar after they cutted rates. And when gbp and euro follows
Yup, BOJ affects the JPY nicely, versus FOMC and the DXY
Boj are idiots
This is the smarter, patient thing to do
Will be even funnier if inflation starts to rise again after rate cutting 🤣
wait for the confirmation of bearish trend, which we dont have yet, or wait for a good spot for diamond hands to go long
yup
just wait until JP raises rates, and confirms, no rate cuts in 2024, then BOOM goes the DXY and the MOON !
Powell said first rate cut in June will be likely
Today in the parlement
i mean he will be a liar
he is trying to prop the market for the prez and election year
LOLLLLLLLLL

Economists at Commerzbank expect the Federal Reserve (Fed) to cut rates only five times by 25 basis points (bps) each cut.
Fed to adjust key rates
We do not expect the first rate cut until the June meeting and therefore one meeting later than previously assumed.
Overall, we now expect five interest rate cuts of 25 bps each (previously 8). The Fed is likely to make three of these cuts this year and two next year. The key interest rate would then be 4.25%.
So for dollar bullishness we either need more inflation again so that they push rate cuts back or we need first rate cut and the ecb and boE will follow quickly what makes dollar better
I’m expecting that the yen will be strong until they end negative rates after that it will prob cool down a bit since they said they only will do it once for now
We shall see
alert just woke me up, UJ done be dirty after i went sleep LOL
Yen has been negative for yrs. About time for a change. But I doubt it. Everything is connected and in balance. Any move triggers another somewhere else. Delicious balance.
tempted to stay up for couple hours now and make back my instant loss (:
YES
Revenge the LOSS !!!!




now got my tp at my entries
ima set a 5 pip sl and go bed sod it, either wake up with most of days profits gone or be down minor
ok
Look at DXY
lets see what the markets got going on this morning before NFP
i didnt believe enough either, SL overnight but we go again (:
thats last nights revenge trading made back 🙂
So Biden managed to make a decent speech.. on other news... I am very concerned about wormshttps://www.msn.com/en-gb/news/world/worms-living-near-chernobyl-nuclear-plant-have-developed-a-super-power/ar-BB1jvuw5?cvid=7befc534fdee430788908c2b5f5d3b22&ocid=winp2fptaskbar&ei=60&sc=shoreline#comments
If these worms rise up USDX may be attacked!
also Dr P had little input of note
I am becoming bored of waiting for XAU to adjust...
concerned about worms 🤣 have you seen the report about the wolfs near chernobyl, they've developed cancer resistant anti bodies apparently. How are your gold trades looking
Good morning
morning buddy
Sit and watch day for me. I dont like current movements of dxy
fed been saying bs all this time
There is no way rate cuts in june
At best q3 or during elections to pump the market during that time
or maybe he secretely into crypto and wants to pump it with btc halving lol
i caught some quick pips earlier, will prob watch market for rest of the day unless something tasty comes along. But definitely wont be trading after 11am so it gives my trades time to get BE if im in any
i need to start watching dxy tbf it'll help with my usdjpy pair
Yeah it is a must
morning
The XAU exposure sits much the same at -29.. Russia has stated they are releasing a vaccine against cancer which may or may not be news. Biden seems to be at least not lost and wandering about which is good for USD.... Trump causes chaos, Friday is a decent day to balance positions as whales tend to balance the books
this morning AUD strong USD week... im looking for a scalp there. what are you guys looking at?
on the wolves near the C zone, I have not not heard this, also I am not totally sure the zone is real as non of us can visit!
I am going to play with EURUSD...
some intesting news yesterday
i only look at UJ/AJ - but im paper trading XAU/nas but i dont like the volatility they both carry
XAU / Nas... are USDX driven me thinkgs?
thinks
just as I had gotten more confidence in this interesting fellow... he does this.. https://www.msn.com/en-gb/news/world/biden-mistakenly-invites-people-to-moscow-in-state-of-the-union-gaffe/ar-BB1jwOJH?cvid=d514b6442047416cf9a7befec616be28&ocid=winp2fptaskbar&ei=35&sc=shoreline
his gaffes make me laugh
When you hit a stage that the electorate are relieved that he can get through a speech and have an opponent who is facing criminal allegations and no other choice in hand... It reminds you of a weird Nixon time era or total farce...
at least we have XAU...
Morning
Gold is going down today is your day
NFP might do the trick who knows
or the more likely scenario: it's going up since it has been going up for 7 days in a row
Morning fam ☕
Does not have any resistance on the top and no idea where it is heading in Gold
Short eurusd gunning for 1.0897, may close pre NFP depending on where we're at
@trim crystal but daily, weekly and monthly is bullish. We need some signals for sell.
I would never trade on NFP because it is very volatile
@rose surge why are you short? I would understsand
at the moment we are on d1 bullish
Depends, im fine holding a swing based on the 4H through NFP or CPI or w/e
Cause of a lux setup ive backtested
And did a lot of number crunching in in excel
can you show me your screen, because I want to learn and understand this, thanks
Maybe I am to focused on higher timeframe
This whole XAU thing... hmmmm
I have to sell more BTC and Lite coin to fund this sillly gold thing
Why did you intraday on Gold that too on sell
Thank God I am proud Scalper .. I always sleep in peace 😴
sleep is over rated...
Wake up whenever and trade anytime too
Well as a keen gardener, I am sure you have found inner peace...
I am more of a kebab of chaos..
however, I note that despite the draw down of 7 days, The Creator will take a day of rest allowing XAU to correct.
I think the higher news chaos is complete.
so I will short more soon...
GT > 2200 will not be accepted or expected...
morning!
I did not say it is going the end the bull, but dxy is in a good reversal zone, depending on the news, gold could drop to 2117 from here, depending on the impact 2105 maybe, from there it might stay ranged for some time accumulating to hit 2300 in a couple of weeks
If 2117 broken, maybe 2105 then 2088, but I don't think it would drop more below 2080s
my AU trade is sloooow but at least its going in the right direction 🙂
Be carefull around the news, unemployment and nfp today so make sure to close your trades before that, and if you are feeling spicy you can put sell stops or buy stops with a gap, forecasting the price movement to enjoy the riches 😄
FML
Us100 close to ATH again
thanks for the reminder about the news
awaiting this for a 4th touch hopefully, missed my 3rd touch
morning all 🙂
if AUd rejects here you're in the money
yes, going for a 3 pip sl too
Thanks to NQ from yesterday, %30 up today 🤣
@undone imp you used Supply Zone correct in your screen?
Euraud is also short in D1 Chart trendline broken
DXY bounced on the Daily gap
price action concept indicator order blocks
I though you are trading reversals! 🙂 the AUD currency index hitting the mid of that 4hours order block and reversing. Now I wish Ive takend the trade :))
smashed my 10% tp by a long shot and i only went downstairs for a minute lol, i trade whatever market structure presents itself
oh nice so you did take it congrats
no i missed it lol
but it would of hit my 10% tp, ah well no loss is a win
next weeks another week 🙂
I stayed out since im not keen on reversals
ah i trade whatever tbf but i like the reversals being at key levels
AJ still has room to move maybe down to 97.500 i think
im not looking, ive fallen out with AJ lol
and UJ
spending the day going over the last two weeks of UJ/AJ to improve and train the eyes 😎
So we hit 2170, now depending on the news we are either going to see the path to 2280-2300 or it will drop to 2120s
only time will tell
Yup
want to sit it out but part of me doesnt ha
I will open positions on both way with a bit gap around the news so I don't get into the wrong way early
haha 5sl 50tp either way and hope slippage doesnt whack you
Also NQ could be interesting today, around ATH
My broker is quite nice actually no comission, astronomically minimal spread
yeah mine is too which i like
I don't use SLs if I am not scalping 😄
ive heard a lot in this community talk about no sl haha
SL is a friend but sometimes it can be sinister enemy especially around liquidity zones
yeah the amount of times ive been tagged by 1-2 pips then hit TP annoys me
@sterile oracle Where are your SL for all your sell trade for now in Gold?
prob taken off 
I think he doesn't feel well right now
Seems soo
This brilliant
@sterile oracle is this demo?
it real
He has enough bitcoin to buy all turkish restaurants in UK
I wish you good luck @sterile oracle maybe we will see your tp but if you reach 3001 your account will be crashed. Longterm 3000 would be possible, short term I think we will see lower prices
Gold to 2200
The more is push weirdly up like this the harder it will drop but when and I think you will margin call before 3000 with those big lot.
Good luck.
Trend is NOT your friend
good luck! Hope you trade with money you don't need
For gold now I don’t think so. It’s a weird move that last 1 week. NFT might drop Gold finally
be interesting to watch gold at 1:30 for sure
Also check out US500 US100 too today, there will be opportunities
i knew it.. this is why there is XAUUSD.. chaos.. this older chap is doing crazy things!! https://www.msn.com/en-gb/entertainment/topnews/rupert-murdoch-engaged-for-the-sixth-time-aged-92/ar-BB1jx5wA?ocid=winp2fptaskbar&cvid=db6f5009ea004228edd43ec728367bd1&ei=23&sc=shoreline
US100, I am waiting for
engaged at 92 damn, guys still got it 🤣
i reckon hes just still filled with testosterone 
if you look at each professional NBA player etc, they lose all their money in 15 years after retirement
a rich person never really divorces...
their ex wives are supportive...
there are many trust funds inheritance yadda
its about protecting wealth..
speaking of which...
where is my XAU short!!!
I only buy kebabs. wives are expensive
whats your closest entry to price atm?
i reckon it'll plummet for nfp
well
the optimal is 2065
or US 103 USDX
but I will accept 2075
but then I will be sour faced.
so.. like this...
i need this double zone
is been 7 fried chicken days
2pm
...
if all them hit tp, holy! ill be off in the sunset for the rest of the year
Damn those swaps bricked up 😄
Even for a week, seems expensive
yes
maybe I should be a broker...
ok I offer 8 billion leverage and charge 32 trillion dollars are trade, buy one get one free>?
good business idea?
all brokers cost a lot when they offer leverage
in the Uk they make you take an exam to get 30x leverage
yeah LOL
So 32 trillion dollars per trade might be realistic in year 2124 depending on the inflation, but right now? Maybe
well, we need a lot of $$ printing
we might run out of ink!
31 trn is currently here
I am using 200x leverage, I found my sweet spot
think my funded is 1:100
100 is kind of standard I guess
i dont need more than that tbf placing one trade at a time