Harmon Discussion

Hi. I'm happy to join you and everyone is welcome to follow my system. Here I will share with you my comments on the market and also discuss my ideas on my trading system.

Feel free to ask any questions you may have.

Don't you notice anything strange? After every crypto move or crypto news that is talked about at the highest level, bitcoin falls. And today, after the crypto summit where Donald Trump spoke bitcoin collapsed and is already at 84k. I will be looking to continue shorting with a target at 80k

I closed local sales on gold and took a few more % profit to the deposit. I believe that there will be another test of $3050 level and from there I will try to go short again.

Now I am actively watching bitcoin and British pound

Gold dipped to $3,000 a troy ounce earlier than another attempt to short. I'm guessing this is a Friday fixing.

We need to watch the price for a while, perhaps buyers are targeting the $3,100 level. I'll be looking for buying on my system.Congratulations on your profits!

For the first time since Trump's election victory, speculators flip to net shorts on USD

I expect another decline in gold to the region of $3,000 per troy ounce, possibly with a move to $2,950. On Monday-Tuesday I will look for short entry points.

There are good signals on my system

What happened to the short xau trades on your previous profile: dhtrade, that completely crashed your account?? 

If you look at the chart of the US Dollar Index DXY, you can see a local correction after the fall. This all suggests that gold may get a little cheaper on this background, but later on it will go back to growth.The Fed could launch QE at any moment as Trump is pushing hard to lower rates. Investors will start buying gold as a defensive asset against inflation.

Likewise with bitcoin. Bitcoin continues to consolidate after the March collapse. Despite some positive news, investors remain cautious amid rhetorical uncertainty. Cyclical analysis points to upside potential, but a full-fledged rally requires additional catalysts and a clear regulatory stance.

PMIs for all major economies are expected to be released today. The market opened with a slight decline in the US dollar. Bitcoin got close to the level of 87k. Today we are closely following the market, there are some interesting trading ideas

interesting situation on oil. brent rose to 72$ and rebounded. i believe that we can consider another decline to the level of 65$ per barrel. The US administration's policy is aimed at cheap oil

What happened to the short xau trades on your previous profile: dhtrade, that completely crashed your account?? 

Gold is doing great. Today we see a consolidation phase. But I think that we can still go below 3k before we start to hit all-time highs again. Although the longer we consolidate, the less chance we have of a downward correction

How to trade profitably? I've been practicing for years but still haven't made any profits. Any recommendations?

Just follow your trading system and never deviate from the rules.

interesting dynamics in the oil market. Brent has exceeded $72 and is now near 200 EMA on H4. I believe that the decline will start from the current levels. At least we will not go high, there are no preconditions for that. But there are plenty of ideas for shorting

Yesterday with sell bitcoin from 88200$ level and closed tp at 86500$ level.I believe this is a speculative rise, but bitcoin will drop to the 50-60k$ level before a global move upwards in the medium term. Yes, the targets are not optimistic, but there are no system signals for growth yet. What do you think?

speaking of which, these are speculative trades. no point in buying and forgetting for a few years if you can pick up obvious moves both up and down. because the discussion has heated up

Sell gold. Potential stop loss is $3050, from there they can rush further up. But the system has a point of entry into the corrective movement.

The profit for the month is already good, but I'm going to try to pick up a couple more per cent on top of the deposit

eurusd is forming a downtrend with a potential target at 1.0650. after the correction I believe that a new wave of growth will start with a new high. these are long-term targets, so we need to look for entry points within the day. there are unconfirmed signals on my system, I will wait for good ideas