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- MasterKol replied Oct 16, 2020
Agreed with your analysis, but there could be some on the sidelines because they want to wait out Retail Sales data so real action could happen only during NY...let's see.
- MasterKol replied Oct 16, 2020
From what I see, we got rejected on H4; it's southwards now. Just my opinion.
- MasterKol replied Oct 15, 2020
Agree. At the end of the day, no one but yourself enjoy your account balance. If you hear an opinion that you do not like, then ignore it. Although the better way is to challenge it and find out why someone would have such a view.. If you like, you ...
- MasterKol replied Oct 15, 2020
Shake-up to start the Asian session...now let's see where the true direction of the martket is... I want to see 1.166x tested today, that will confirm bearish trend. That's the key level I am looking at today. Good luck to all!
- MasterKol replied Oct 15, 2020
Update on gold..
- MasterKol replied Oct 15, 2020
My apologies...please accept my sincere apologies. Good luck to you too...I'm expecting 1.166x to print today...but time is running out so maybe tomorrow... Still holding shorts in EUR/USD.
- MasterKol replied Oct 15, 2020
Let's see how this plays out... Maybe we make a new low of the day? 4 more hours left...who knows what will happen?
- MasterKol replied Oct 15, 2020
I would be cautious about going long; once gold dumps, the Euro would be in for depressing weekend. My two pips. PS: Why do my posts take some time before appearing? Is it because I am new?
- MasterKol replied Oct 15, 2020
I expect the rug to be pulled soon and bulls will have their horns broken. I highly doubt we will close green today; and then we will dump tomorrow. Asians love the USD and with EUR/USD and GBP/USD red and deep red, I expect XAU/USD to follow. Yes, ...
- MasterKol replied Oct 15, 2020
I honestly think the market is just being cautious-look at gold, it just made a new high. I agree, but my EUR/USD shorts are already higher than current level. Am actually watching gold at the moment; if it keeps going green, then the strength of ...
- MasterKol replied Oct 15, 2020
EUR/USD and GBP/USD both deep red, gold green. Could be a hell of a chance for a swing trade. Yen pairs could also see a run up.
- MasterKol replied Oct 15, 2020
1707 done....now break 1691... For some reason gold is heading up, USD getting sold...
- MasterKol replied Oct 15, 2020
Less argument, more fruitful discussion...any idea why is gold pushing for a high of the day?
- MasterKol replied Oct 15, 2020
Lagarde will speak in an hour's time, please exercise caution. If you are in profit, might want to consider placing stops at BE.
- MasterKol replied Oct 15, 2020
Gold's movement has been fishy since NY open...but this could be a double top formation. A close below 1895 will be the target for bears. Just my two cents.
- MasterKol replied Oct 15, 2020
For the bearish trend to sustain, I think we need a close below 1895. Other XXX/USD pairs have already taken a beating, but I think market is still a little worried and holding some gold longs. Perhaps this moves down after Lagarde's speech in an ...
- MasterKol replied Oct 15, 2020
I hope someone took it. A fake rapid north move before the rug is pulled and we have a big flush down.
- MasterKol replied Oct 15, 2020
I hope someone took this.
- MasterKol replied Oct 15, 2020
Gold looks like a better option to short imo. Do you guys trade gold in this thread?
- MasterKol replied Oct 15, 2020
Extracted Posts — I see the next strong support at 1.166x...