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gnomoneey Nov 1, 2012 9:43pm | Post# 1

All Majors and Gold
 
Rules

1- no swearing or fighting

2- no selling

3- say your views, post charts with reasons

just here to have my views and anyone welcome as long as you follow the rules

thanks,

g

iNSIELD Nov 1, 2012 9:45pm | Post# 2

hey gnomooney wanted to say thank u for the tip and congrats on the new thread I'm sure it will be a successful one

gnomoneey Nov 1, 2012 9:47pm | Post# 3

hey gnomooney wanted to say thank u for the tip and congrats on the new thread I'm sure it will be a successful one

THANKS

come n post please

Orly Nov 1, 2012 9:56pm | Post# 4

Jargon
 
Hi! Thanks for having me here. I have been position trading for several years but...well... that hasn't worked out too well lately. I am interested in trading intraday and I have a question about some terms used.
What does it mean? "e/m and m/e flows" in the overnight hours in the US?

Thanks again! I hope I can get better at this before long!

gnomoneey Nov 1, 2012 9:59pm | Post# 5

reason for taking my trade
 
1 Attachment(s)
xau.usd sold 1715.80 tp 1708

- daily s1 1710
-my trend is still grey which is uptrend but today we are in abit of retracement to daily s1 and also to my grey trendline

Click to Enlarge

Name: xuanov1h1.gif
Size: 29 KB

gnomoneey Nov 1, 2012 10:01pm | Post# 6

reason for taking my ea trade
 
1 Attachment(s)
buy 1.2435 tp 1.2460

- mainly stochastic is at oversold and a little retracement should happen

Click to Enlarge

Name: eanov1h4.gif
Size: 35 KB

gnomoneey Nov 1, 2012 10:08pm | Post# 7

reason for taking my au trade
 
1 Attachment(s)
put a buy order at 1.0380 sl 1.0360 tp open

-reason is a little retracement to my blue and aqua trendline
-a bounce from here is about 1.0380
- this a little risky as stochastic is at overbought and retracement could go for a long drop

Click to Enlarge

Name: aunov1h4.gif
Size: 28 KB

gnomoneey Nov 1, 2012 10:14pm | Post# 8

Hi! Thanks for having me here. I have been position trading for several years but...well... that hasn't worked out too well lately. I am interested in trading intraday and I have a question about some terms used.
What does it mean? "e/m and m/e flows" in the overnight hours in the US?

Thanks again! I hope I can get better at this before long!
sorry dont know what that jargon are ..."e/m or m/e"

mrluckystar Nov 1, 2012 10:20pm | Post# 9

congrate on your new forum..

i see that you are using stoch as one of your tool to decide your entry... i like it coz im also using it.

hope can learn from u more...

best regards.

the redlion Nov 1, 2012 10:25pm | Post# 10

today there will be more on the table than just
my stochastics is oversold, or this or that resistance level or candle formation

We should be positioning ourselves for the releases of the NFEC, employment rate and so on. the claims and ISM report were positive and the markets reacted accordingly. looks like the economy and everything is working out for Obama so far if there is a disappointing figure then we will have a sell off.

your play is : Us economy continues to gain traction

or

Disappointing unemployment rate will trigger pessimism.

seems like the Euro is ready to continue up, or USD down however you want to look at it. The new trend would be if it breaks down at 28

gnomoneey Nov 1, 2012 10:27pm | Post# 11

today there will be more on the table than just
my stochastics is oversold, or this or that resistance level or candle formation

We should be positioning ourselves for the releases of the NFEC, employment rate and so on. the claims and ISM report were positive and the markets reacted accordingly. looks like the economy and everything is working out for Obama so far if there is a disappointing figure then we will have a sell off.

your play is : Us economy continues to gain traction

or

Disappointing unemployment rate will trigger pessimism.
these trades are for only 4hrs to 8 hrs ..hopefully tp wll trigger...

cutieweiyi Nov 1, 2012 10:40pm | Post# 12

My Gold@1716, Please help!
 
guy i bought Gold@1716, will go rise like yesterday up to 1725 before go down 1713?

mrluckystar Nov 1, 2012 10:40pm | Post# 13

1 Attachment(s)
put a buy order at 1.0380 sl 1.0360 tp open

-reason is a little retracement to my blue and aqua trendline
-a bounce from here is about 1.0380
- this a little risky as stochastic is at overbought and retracement could go for a long drop

Attachment 1070755
different approach... sell order at top side (circle area)...
Click to Enlarge

Name: 2aud.png
Size: 134 KB

gnomoneey Nov 1, 2012 10:45pm | Post# 14

different approach... sell order at top side (circle area)...
i see that can work also ....but i really rely on my 3 trend lines, stoch, SAR, fib and pa
right now i'm still new at trading strategies, so i stick with what works for me...slow and easy for now...reading and absorbing different methods.
thank you for showing ....

G

gnomoneey Nov 1, 2012 11:00pm | Post# 15

1 Attachment(s)
different approach... sell order at top side (circle area)...
luckystar how do i trade this...something i've been struggling with...

Click to Enlarge

Name: aunov2d1pivot.gif
Size: 25 KB


thanks and gnight

G

mrluckystar Nov 1, 2012 11:12pm | Post# 16

1 Attachment(s)
luckystar how do i trade this...something i've been struggling with...

Attachment 1070778


thanks and gnight

G
yep agree... on bigger tf, aud want to test UTL...

since i trade intraday, i was prefer to see H4.. by the time aud hit my 3rd sell order, stoch will be extreme overbought... and i was targeting 100-150 pip retrace...
Click to Enlarge

Name: 2aaud.png
Size: 100 KB

topedge Nov 1, 2012 11:32pm | Post# 17

Gold
 
Channel: The 4H gold chart shows a market that has been in a declining channel throughout October until it stopped around the 1700 psychological handle. Since then, gold has been consolidating against the channel, and today (11/1) broke above the trendline resistance.

Breakout: The RSI broke above 60, showing that the bearish momentum is no longer persistent as it had been through October. Still price action to the upside is not convincing. In fact it looks like a flag pattern, which if broken to the downside introduces the bearish continuation scenario, with focus on clearing 1700. Below that, gold has the 200-day SMA near 1650 in sight.

Upside targets: If there is further bullish correction against the October bear run here are the progressively more aggressive retracement targets: 38.2% retracement near 1735.60, 50% retracement near 1747.10, and 61.8% retracement at 1758.60. In this scenario, the RSI should start to hold above 40 with focus on 70.

Good chart analysis on gold here as well/
Tks for the thread

http://www.fxtimes.com/technical-upd...ning-channels/

deepak925 Nov 2, 2012 4:01am | Post# 18

Lack of confidence
 
1 Attachment(s)
Wanted to short on big red candle when it closed below green candle didn't do it after that a hanging man but with a upper big wick but still wanted to short but didn't...LOL HATE MYSELF..
Click to Enlarge

Name: gold.PNG
Size: 87 KB

gnomoneey Nov 2, 2012 5:50am | Post# 19

xau.usd sold 1715.80 tp 1708

- daily s1 1710
-my trend is still grey which is uptrend but today we are in abit of retracement to daily s1 and also to my grey trendline

Attachment 1070747
automatic triggered at 1708 nice +780 pips while sleeping

deepak925 Nov 2, 2012 5:58am | Post# 20

GOOD JOB
 
automatic triggered at 1708 nice +780 pips while sleeping


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