short #gold at 1511 to take profit at 1491 and 1474 while he is overbought weekly and daily and have a big rsi divergence in 4h as indices rebound and risk off fading i think this week we will see a pull back, my SL at high 1532 ratio 1/2
as my first trade i loss around 8$ on 1 lot
i made 2 lot on this trade
1 lot i will close at 1492-90
the second lot i wll...
short at 1488 to target 1474 and 1460
overbought much weekly
Rsi bearish divergence are bigger
soon psy level of 1500
a correction of 28 is full legit
or i't will go 1500 first and a more big correction
it up mostly because of trade war than because the dollars is weak anyway he have to take a breath and as all waiting 1500 may market will correct before to reach it
i short it at 3002.5 spychological level for 2 different way
1 possinility of double to monthly
2 investor will go on holidays like cannes,monacao,french riviera ect..so will cut them profit
AND IS OKAY POWELL MADE IT UP BUT WHAT ABOUT CHINA HE SAY HIMSELF IT WEIGHT ON US..TCHH
anyway every 1 tp taken i adjust my trailing top to the first tp
i no made a Stop...
,so high so fast while equities are at near all time high,tension in #tradewars eased for now ,overbought in all time frame a big breath is legit
whne reach the take profit 1 i will made a trailing stop at 1382 for if it back up before to get my tp 2 i got at least 1000pts
bad us ISM
bad chinese PMi
Powell less dovish
North korean missile test
Trump and china not on the same page as they try to made us know to support market
bubble since times on equities
so i think equties will down much this week so who will be impacted more.
near a bubble look likte
all time highs but still world slowdown and many other problem
trade talk not finish
brexit not finish
europe trade war
market is on euphoria
I NOT MAKE STOP LOST ON THIS TRADE AS MYSELF I TARGET LESS THAN 2800 !!
short #SP500 at 2835 and take profit around 2800 just 48h before #fomc also i notice many rsi divergence and all this move up is only speculation for me and at a time buyer will take them profit.
also all this move up is only speculation so before an FOMC as market exploited near already all the dovish comment and all thing to have a reason to go up...is...
legit rebound to buy after head and shoulder target completed
Also dollar got a serie of bad soft data but the dollar up instead of down i think it will be not last long in short time
gold is also oversold and reach big support