Its clear everyone is looking forward to the rate cuts and the feds have made it clear they need inflation to at least be near their 2% target for them to start rate cutting,the ...
if you see last 4 days of daily candles even the big players do not know where the market is going. Such situations are good for quick scalps. 10-20pip trades with 10-15stop loss.
Hi hashzar I use it to trade Gold only on M1 timeframe. Buy when green bar opens above 0 and sell when red line opens below 0. image
Waveski, most likely Dear Leon learned how to read other people's posts.
Hmmm....blackened fish yummy! Sometimes what it looks like is not how it is. Its out of channel now to down side lol.
I have 1.0866 as last resistance because it's D1 S/R and 61.8 FIB of 1.08949 - 1.08219
Sorry had to make it small to get the whole thing in there. Its on the 5 min chart but originally was looking at it on the 1hr. Also had the purple box that was playing chop chop ...
I tried to warn everyone........ That is why I stopped posting and blocked cpf; quite awhile ago. Hope the situation gets resolved for everyone involved.
I have 1.08550- 1.08575 as a respected resistance.When it goes above this its bullish. Just my opinions with my analyses.
I suggest to stop predicting where it is going and Learn to follow the market. That's my advice.
Based on H1, I am marking 1.0856 as nearest resistance... Go snails go!
Based on H4: 1.0822/32 area is my bounce or break point...
done closed 35p
closed Total 57p
38 pip range. Lunch time. Alex image