COHSMAT CALABAR FORUM

This is an interesting thread, please keep updating it.

I just wish this was a real account, I would have been the happiest person today, like.......😀

As seen on this 15 minute NY sessions chart, Gold rejected at 4365 level and that would have been the best place to sell with minimal risk. When trading gold, only take entries with the lowest risk.

Lets look at the 5 minute chart, the blue circle would have been your sell entry point

Profit taken

CPI is coming out today by 1:30 what do you think the outcome will be and the effect on the market?

Economists expect US inflation to increase from 3.8% to 4.2% and if this happens it will put pressure on the FEDs to hike interest rates. This means US companies will pay higher interest on loans they took from banks and this will affect their profit outlook. The market could react to this by selling equities and indices like NAS100 and SP500

Inflation report came in showing an increase in inflation from 3.8 to 4.2% here is how equities are reacting to the news. US39 is falling

NAS100 reaction to CPI news