just came back to see my posi stopped out... was out whole day... couldn't trail stop lower... :) sill out with some pips....
looks like bulls are back but needs to break 4250 to confrm north.... above 4250... see it testing 4350/70 initially... support now formed around 4185/90.... clear break below that level without breaking 4250 could see dip lower to 4110/20 support....
after hitting 4248 high... it's pretty clear that it was an a-b-c correction..... 4219 being the b and current rally clearly violated that level.... so as long as 4021 holds... we'll see new highs above 4248... just have to see how deep the correction will be.... but for me... it will be limited to 4150/60 level... with possible extension to 4090/4100.....
but the good news is.... 4350 could cap currently and see a dip back to 39xx level b4 moving higher... only clear break above 4350 could see extension to 4450/60 b4 correction lower...
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
currently short 4244 and 4310.... tp 4240....
was out whole day... couldn't trail stop lower... :)
sill out with some pips....
looks like bulls are back but needs to break 4250 to confrm north.... above 4250... see it testing 4350/70 initially...
support now formed around 4185/90.... clear break below that level without breaking 4250 could see dip lower to 4110/20 support....
any posi or suggestion for short term trades?
clear close below 4140 and next support comes in at 4080/90...
after hitting 4248 high... it's pretty clear that it was an a-b-c correction..... 4219 being the b and current rally clearly violated that level.... so as long as 4021 holds... we'll see new highs above 4248... just have to see how deep the correction will be.... but for me... it will be limited to 4150/60 level... with possible extension to 4090/4100.....
but the good news is.... 4350 could cap currently and see a dip back to 39xx level b4 moving higher... only clear break above 4350 could see extension to 4450/60 b4 correction lower...
anyway... gl/gt
it's been awhile since you last visited this thread...
you sound a bit confused and unsure... :)
surprised to see Euro at current level?
still holding your shorts?