GOLD/USD

Trade 1

SELL from 3883 to 3879.96

Closed in profit

Bullish engulfing pattern formed, I am going long from 902 to 919

That move is ppi data release manipulation headline ppi missed but core ppi is neutral

WOW I got stopped out

You got stopped out because the move is manipulative, because it's the same thing that is happening across all risky pairs so when I spotted it I just decided to hold and check the data again

But I suspect price will still go up again to close above that bullish engulfing pattern, Im going long again, but its risky. I want to recover some loss 😊

🤣 did you recover? Because price made few bullish moves circled out and then reverse again

No i even lost more, I have switched my attention to nasdaq

Ah! That's bad but if you position well on sells you can still recover

I'm selling Nasdaq since the Nvidia CEO resigned yesterday due to a scandal, the Nasdaq should fall

The only limitation I have is that the loss almost exhausted my daily loss limit on the prop firm so I had to reduce my lot size

Okay that is a very good fundamental backup, and that could cause the Nasdaq massive selloff because I didn't expect the sells to drop rapidly below 28k

That is why I prefer staying out during economic data release because of manipulative price behaviour

The US is suspecting the Lady the CEO had affair with as a china spy, and that will be considered as serious security breach, although investigations are still ongoing.

I was looking to buy Nasdaq today, but wasn't comfortable with the price action and just left it, only to see it dump heavily.