XAUTrader4L2:



US recession is on the way. Probably in the next 6 months to 1 year. Or it might have already started like some people think but not officially announced.

That's right. Dollar may just run high a little to fill up some gaps and continue crashing.


Very soon.

OfficialP:


usd still looks bullish to me

Let's allow time tell the whole story.

WAVESANDGOLD:


Organize a competition,

Set the risk parameters

the best trader gets to manage the account.



Samfelly

Happy New Year Everyone...

how is your trading? so please am doing some research.

what broker do you use?

Theyoungmaster:


I held overnight. currently at 1R. I've moved my SL to BE. Will hold to see what NY session has in stock.

Still holding....

Gbpusd maintaining it's movement below 1.20600 is good for shorting opportunities next week.

Fxwarrior:
Gold likely approaching support at 1804/06 and might likely rally to 1825/27 region before possible fall to 17xx or continuation to 19xx if 1840 is broken.

I like being realistic with gold. It's safer to have 2 possible scenarios.

Golden gold.

Theyoungmaster:


Still holding....

NFP killed!

Tp was missed by 1 pip though.
I had to close manually. No be me dem go use close shop.

Plan your trade, trade your plan.

we moveeee

Wow. Gold played out well.

By Monday it should correct to 1847/53 for more upward movement and once 1863 is broken which is feasible, we should be looking at 19xx to 20xx

kozmicity:
GJ triggered, I might adjust my TP to the black line to be at the safe side.


UJ entry missed. I didn't place a limit order because I was done for the week... Now I'm not so sure If there's a confirmation entry, I'd update y'all.

Hopefully they play out well.

GJ hit SL, 21pips. I also found a reentry for UJ and EJ buys, but I didn't expect zones to be mitigated that fast so I went about my business only to come back and see spikes. Thank God I didn't see enter


Gold hit TP. 310 pips.


On to next week.

Theyoungmaster:


NFP killed!

Tp was missed by 1 pip though.
I had to close manually. No be me dem go use close shop.

Plan your trade, trade your plan.

we moveeee

It's already at my sell zone, but I'd rather wait for a confirmation entry plus I'm done for the week, so till on Monday.

Fxwarrior:
Wow. Gold played out well.

By Monday it should correct to 1847/53 for more upward movement and once 1863 is broken which is feasible, we should be looking at 19xx to 20xx

If 1863 is broken today, things would be easier on Monday.
This implies correction may be between 1853/57.

Boss u said this thing is moved electronically

But how come some related pairs are flying today while others are just there?

If you entered buy around 183x, you may adjust stoploss to 1845.

Protect your capital.

1863 broken, that's good to know.

Happy weekend everyone.

charly20:
Gbpusd maintaining it's movement below 1.20600 is good for shorting opportunities next week.

Trend status has likely changed. I hope to see retracements on Monday and maybe entry confirmations from Tuesday.

Enjoy the weekend.

VeeVeeMyLuv:
Boss u said this thing is moved electronically

But how come some related pairs are flying today while others are just there?

Red bull gives you wings!!

charly20:


That's right. Dollar may just run high a little to fill up some gaps and continue crashing.


Very soon.

Looks like the very soon may have started.

Banking shares in the US taking a nose dive. It started with silicon valley bank yesterday and today other banks are affected. This could be another Lehman moment.

XAUTrader4L2:
Banking shares in the US taking a nose dive. It started with silicon valley bank yesterday and today other banks are affected. This could be another Lehman moment.

At this point, a bullish crypto trend won't be any surprise.

XAUTrader4L2:



Looks like the very soon may have started.

I can't disagree, big chief.

Dnt be deceived .. USD is still very bullish
CPI will send the market down

charly20:


At this point, a bullish crypto trend won't be any surprise.

Well the crypto market is not my forte but looking at the news, it has its own problems. I doubt if it will take advantage of these turbulent times.

EASYLIFE4US:
Once, as a trader you get your "AHA" moment, fx becomes easy. Fx is not random, I repeat, FX is not random. Without your "AHA" moment your eyes won't open and you'll find it very hard to earn a living as a trader

You got it right. Besides there's no need to fight the market or have a fixed mindset about market direction.

Follow the flow and you'll be just fine.

dmahn:


Leave me o ... I dey vex like this. I fit comot person teeth now now . It was a false bullish breakout of the useless ascending triangle on GU. Wasn't with my Laptop so I couldn't check the volume of the breakout, I just buy put my Sl below the last leg of the triangle. My mumu still con dey add to position na hin pain me pass . B4 my eye go open, I don chop minus $14 usd..Naso me and my guy wey dey follow gold together see buy, me sef say I see buy too, na hin we buy that one too, Gold gave me -16$. The highest loss in a day for the past 3 months.. Drop from 270- 240 sharp sharp... I will revenge with NFP

Recovered +20 out of -30. Ending the week with a loss ... Next week we go Again

XAUTrader4L2:
Banking shares in the US taking a nose dive. It started with silicon valley bank yesterday and today other banks are affected. This could be another Lehman moment.

Actually Silicon valley bank was the second bank to go burst this week. The first was Silvergate bank. Leading up to the 2008 financial crisis it was Bear sterns and Lehman brothers.

Pls guys what's the best and easiest way to withdraw usdt from binance to my bank account

Yes boss. i got tagged at 1.2060. a bit late

XAUTrader4L2:



Looks like the very soon may have started.

charly20:


At this point, a bullish crypto trend won't be any surprise..

Very correct!

Bee-tee-cee to 29k usd

I hardly have time for this group Sha.....even nairaland. Beginning from next week maybe I go get time share some trade ideas.

meshpips:


Very correct!

Bee-tee-cee to 29k usd

Let me add that it needs to first go sub 19,000 before we will see or hear of a catalyst that will drive it high up.

meshpips:


Let me add that it needs to first go sub 19,000 before we will see or hear of a catalyst that will drive it high up.

I doubt there will be a catalyst. Since the FTX incident last year ending, investors have lost trust in the market. One of the reasons why Silvergate bank failed. Crypto losing liquidity, the US government cracking down on crypto through regulations to solidify CBDC. Its not looking good ahead.