Good evening Gold Gang! i hope you are well and survived the cpi news earlier!! Buy stops Sell stops yayayya
So the news sent us 250 pips north to boop my key level perfectly. Then dropped back down to the lower key level before ranging. None of which provided me with an entry point. Cest la vie
So apart from the asian buys, there hasn't been anything to take today that fit my plan. This is where patience comes into play.
Onto tonights asian and pre london, With price ranging now up until the close, i have my buy zone up at the 2022 key level, candle closure required. This should then move up 100 pips to the next zone of 2031.
The sells (that id prefer) are down at 2003. Wait for candle close. Why am i so bearish you say .. well gang .. there isnt any data at all time highs so trading will be super difficult. So we want prices lower, where past data gives us the edge.
Some nice juicy red folders tomorrow so lets hope for some downside. If not, its fine. We are ready for whatever.
Have a good night guys use correct risk management
tommyXAU
So the news sent us 250 pips north to boop my key level perfectly. Then dropped back down to the lower key level before ranging. None of which provided me with an entry point. Cest la vie
So apart from the asian buys, there hasn't been anything to take today that fit my plan. This is where patience comes into play.
Onto tonights asian and pre london, With price ranging now up until the close, i have my buy zone up at the 2022 key level, candle closure required. This should then move up 100 pips to the next zone of 2031.
The sells (that id prefer) are down at 2003. Wait for candle close. Why am i so bearish you say .. well gang .. there isnt any data at all time highs so trading will be super difficult. So we want prices lower, where past data gives us the edge.
Some nice juicy red folders tomorrow so lets hope for some downside. If not, its fine. We are ready for whatever.
Have a good night guys use correct risk management
tommyXAU
Comment:
Good morning gold gang!! low asian session volume means my buys and sells are still valid. Expect consolidation until cpi news.
Comment:
boooom gold buys activated .. profits taken and stops to BE. Exquisite
Comment:
news in 20 mins. Lets see what levels get hit .. dont gamble guys!! wait for closures
Comment:
updates NY