My Trading Journey So Far :
Year 1 (2020): -$600
Year 2 (2021): -$1500
Year 3 (2022): +$21,288 @FTMO_com
The Journey continues in 2023 with bigger milestones and it will be recorded.
#Forex#Trading
@patrickwieland Got like 10people from my closed circle on my private, did no marketing or shit as lazy people ignore real value & go behind flashy posts.
Every trade backed with Macroeconomics.
Maybe you could help with that after you see the value & precision?
@shazlyka Retards shorting each highs with hopes it will reverse when Fundamentally & Technically Gold is Bullish.
Thanks to clowns like you leading people into failure.
Easy 100+pips there with Jobless Claims coming out below minimum expectations.
Understanding economics is very important when trading these real world Financial Assets.
Majority ignore these & go around in loops getting smacked by the markets.
Yes it is difficult, yes you need to put in efforts but it is better than burning capital & wasting years of your time.
You cannot become a successful lawyer without understanding basic law. You cannot become a successful doctor without knowing medicines.
Trading is no different. Use your brains & stop following dumbasses on social media who promote nothing but noise in this industry & barely know anything about the assets they trade & gamble their way to show profits π§
#TradingView #trader #trading
Anyone of your mentors called this exact move? Lmfao π
A 50 BPS cut & most of the people wouldβve been thinking weβd have huge downsides on Dollar.
Exactly what I anticipated on only a short term downside even with a 50bps cut. A quick liquidity grab to the downside but snapping back above the range.
Why was this anticipated?
These cuts have been hugely anticipated & priced in by market participants & investors. To have had more aggressive Dollar Bears & downsides weβd have needed J.Powell to have given more aggressive Dovish statements which we clearly did not get.
If we hold above 101βs & do not break back below DXY easily back into range highs & even breaking above 102βs. Gold Bears aka sells atleast into 2530βs/2525βs unless we get any new extremely weak US Data to support Gold buys & Dollar Bears.
#FOMC #FedRate #TradingView #InterestRate
XAUUSD FOMC Trade Ideas 18.09.2024 π
Looking at Gold we printed new ATHβs last week breaking out of the consolidation we were stuck in over a month & saw a decent upside.
Market Participants highly anticipate a 50BPS rate cut & the probabilities are around 55-60%.
However I personally think that the Feds will do a 25BPS rate cut & take it slow & steady & a 50BPS would be too aggressive to start the cut cycle.
1. 50 BPS Rate Cut + New Dovish Comments ποΈ
β’ Buys above 2582βs & 2589βs
2. 25 BPS Rate Cut + No New Dovish Comments :
β’ Sells below 2568βs/2562βs & 2557βs.
β’ High Risk sells either if we get a liquidity grab to the upside around 2589.500βs or we get a short lived break to the upside but failures to hold above snapping back below 2589βs.
3. No Rate Cut :
This would be a surprise & lead to clean Dollar Bulls & aggressive Gold sells.
β’ Sells below 2568βs/2562βs & 2557βs & extended continuations.
#FOMC #FederalReserve #Fed #InterestRate #XAUUSD
Market Update 18.09.2024 π
Sentiment Summary π
Pretty slow & quiet start to the week as the markets await FOMC.
DXY still failing to create new lows as the current sentiments & data has all been priced in & no new catalyst to support Dollar Bear continuations.
To continue the Macro Bias of Dollar Bears & extend current trend creating new lows we need an aggressive 50bps rate cut with some new Dovish Comments to hold more weight.
Otherwise I see a higher probability of Dollar Bulls aka pullback phases as these rate cut sentiments have been massively priced in already.
Note π I wouldnβt be surprised if even with 50bps if we do not get Dovish Comments we can see an upside on Dollar after very short lived downsides as the markets have been also pricing this in.
Here we go again. Learnt from Capital Hungry, Nick & Sharma. Iβve already stated this on previous posts.
Been applying & following what I learnt from them for years now & I got a track record.
You got a problem w that mate? Instead of looking to post hate comments or going around on Twitter like this Iβd say look at your trading portfolio & enhance your knowledge ffs.
Market Update 18.09.2024 π
Sentiment Summary π
Pretty slow & quiet start to the week as the markets await FOMC.
DXY still failing to create new lows as the current sentiments & data has all been priced in & no new catalyst to support Dollar Bear continuations.
To continue the Macro Bias of Dollar Bears & extend current trend creating new lows we need an aggressive 50bps rate cut with some new Dovish Comments to hold more weight.
Otherwise I see a higher probability of Dollar Bulls aka pullback phases as these rate cut sentiments have been massively priced in already.
Note π I wouldnβt be surprised if even with 50bps if we do not get Dovish Comments we can see an upside on Dollar after very short lived downsides as the markets have been also pricing this in.
My brother here is talking about economics when months ago he was barking saying it doesnβt matter π
But sadly J.Powell just said fuck you.
Donβt anticipate shit when you donβt know shit. Stay away just like you did months ago trying to gain clout with your bio & saying Fundamentals donβt matter.
Dumbasses like you who have no idea about monetary policies or what the Feds are talking about will remain dumbasses & get swept away by the markets like this.
Getting smacked right in the face trying to sell a top on Dollar Pairs like a hero when Dollar is Macro Bearish with disinflation signs from various economic indicators, Feds looking at rate cuts & J.Powell Dovish asf at the Jackson Hole even today π
Remove your bio itβs super fake with your IQ being so low.
@MadeleineTrades Madeleine! My course is just $1499, I will teach you how to make $10-$20K a month π
This also includes my strategy which Iβm giving out for free π
@Maxeagls @ekeminifx@fx_jamaal@Kecyy Ngl but that guy is a clown. Called him out when he had 1K followers π
He thinks he knows fundamentals & used to blabber some dumb shit a year ago & got butt hurt when I tried to enlighten him xD
Now he is sitting at 4K, canβt imagine people are this dumb.