DE40 (GER40) trading strategy

A
@asuquokelvin - 2 months ago
Quoted - godspowerdan

That's good ๐Ÿ˜Š

We're both on the buys

๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐ŸคฃI have removed my entry, looking closely at silver from this 4hr zone it's doing something significant so untill 4pm, and if gold fall silver will fall too, and if silver fall gold will fall too

A
@asuquokelvin - 2 months ago
Quoted - godspowerdan

You would have entered using quasi model but price has already tapped it

I don't know quasi method, I only know rejection please and presently I will advice gold sells at a break below 4035 and seeing gold it's not really rejection that region

A
@asuquokelvin - 2 months ago
Quoted - godspowerdan

๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

I will wait for confirmation before I sell Gold. I have to be safe

I will also wait I won't buy or sell untill 5pm today, because there's an unclear wave just bringing confusion looking at gold one minute it's selling another minute it's buying, so I will just wait for a validation by that time

A
@asuquokelvin - 2 months ago
Quoted - godspowerdan

๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

The buys is massive

Keep enjoying and also look at time too I think newyork is cooking something very interesting, I am expecting institutional moves that's just the truth, untill 5pm if gold still remains very strong I will go with the buys, looking at silver too at 59.6 to 60.8, to make a decision because there is a fair value gap if price close above then I will be sure for gold too

N
@nsg_usd - 2 months ago
Quoted - nsg_usd

I'll be riding Silver till next week.

Once it takes out this Trend Channel, the coast will be clear at least till it reaches 60.95-61.00 price region.

A
@asuquokelvin - 2 months ago
Quoted - nsg_usd

I'll be riding Silver till next week.

Silver has shown relative strength, If buyers defend the most recent low, the trend remains intact. A break below that level 56.396 would invalidate the bullish structure for me and I'd rather protect capital than assume the trend continues. Curious to see whether momentum survives this week's macro events.

Y
@yokoyi - 2 months ago

Early trading & auction are over and the Xetra exchange has now opened for normal trading by 9 am. I will wait for price to breakout of the early trading range before deciding on what to do next

A
@asuquokelvin - 2 months ago
Quoted - godspowerdan

Abiiiiiiii the movement

๐Ÿ˜‚ The movement has been clean. What stands out to me is that both Gold and Silver has been holding strong . I will only stay bullish as long as that structure holds above it's individual support. If this week's macro data strengthens the dollar, that's the first thing I will watch for as a potential invalidation of the current momentum.

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