Powell Testimony - July Preview Fed Chair Powell Testifies Quick Notes: There hasn't been any notable impact during Powell's testimony in the past. But that doesn't mean tomorrow's testimony doesn't have potential for significant impact. Since NFP, ...

High Impact Events Trading... Gold & Copper

FOMC Meeting Minutes - July Preview FOMC Meeting Minutes Quick Notes: The FOMC minutes looks like it will be overshadowed by Powell's testimony scheduled three hours earlier. Of the last three FOMC meeting minutes, Feb 20th and the April releases ...

High Impact Events Trading... Gold & Copper

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Picture Tennis (metals edition)

3630 Explorer: url Count me in for this week!

Metal Competition Zone (Demo)

Economic data difficult to figure out sometimes. Your thinking had precedent and made sense. But that's what happens in this irrational market. It's never boring at least! Ef5, I appreciate you sharing your thoughts at the time. I hope to see you ...

High Impact Events Trading... Gold & Copper

Axi is a good one. I used them week 1. If I remember correctly, they didn't have certain metals. But they did have gold and silver for sure.

Metal Competition Zone (Demo)

It's a great reason, and a big factor for why some are attracted to physical precious metals. Unless you're buying huge amounts, nobody is reporting anything to the IRS. There's a threshold. That's the only way the bullion dealers would want to ...

Anyone own physical Gold?

Doubla? Did you just win back to back weeks? image

Metal Competition Zone (Demo)

I won't be using them again. Although in the spirit of honesty, I was well on my way to blowing up my demo very early in the week. I'll try and find one where we can get new ones directly from MT4. If I find one, I'll let you guys know. I checked a ...

Metal Competition Zone (Demo)

I'm happy to try and answer any questions. Anytime. There are entire books written on this stuff, so I'm going to try and explain it best I can. There are several ways to determine risk, define risk, and relate risk to market data. Identifying risk ...

How do YOU trade?

I agree. And, there's a lot more to price in if the market starts believing the Fed will cut rates by 50 bp. This is one of the more anticipated releases we've had in a while. If you're interested I wrote up a preview for it. If you get the time and ...

Swing Trades DAX/DOW/NQ/GOLD

You are absolutely correct. All of what you said was spot on. That's where the opportunity is. That's the only play that I see with minimal risk. If the data is bad enough to trigger more bets on a 50 basis point cut, we could see some large moves. ...

High Impact Events Trading... Gold & Copper

That's some good info manize. I thought the move per month would exceed 37 points. Good to know. Another good reason to be cautious heading into this event. With three datas being released, along with the Canadian data, there's a lot of different ...

High Impact Events Trading... Gold & Copper

Great feedback! The Average Hourly Earnings certainly has the potential to overshadow both employment figures, as it did in May. Given the forecasts, I don't see a high probability for a miss. If it does miss and is accompanied by weaker jobs data, ...

High Impact Events Trading... Gold & Copper

It's very impressive how you're analyzing and improving your approach. As traders we get hit hard, but the comeback is always sweet. One thing a wise man once taught me, always remember, your biggest drawdown is still in front of you. Not ...

How do you learn to trust yourself in trading?

Thank you for stopping by manize! The door to this thread is always open. All the best!

High Impact Events Trading... Gold & Copper

I wanted to add to my earlier post to maybe clarify how I approach the markets. If nothing else, it'll help me organize my thoughts. Tomorrow we have a very important economic data release. I study most of them, do the research, look at the history ...

How do YOU trade?

Always appreciate knowing other traders are reading these previews. Glad to see you here benlong! All the best.

High Impact Events Trading... Gold & Copper