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- RisingSun replied Jul 7, 2015
How would you define "scalping"?
- RisingSun replied Jul 7, 2015
Scalping Gold image
- RisingSun replied Jul 26, 2013
Latest COT analysis by COTbase.com for long term trend directional bias.
- RisingSun replied Jul 17, 2013
If the green line is broken, Gold will go down as has been the norm of past 6 months. But such a move will be of short term in view of Commercials' moves confirmed for reversal. Next weekly COT report will be for as of Tue and will be up on the ...
- RisingSun replied Jul 16, 2013
We are in a usual sideways mode atm that usually last for several days but at this time it's rather scary as we are selling the bottom this late of a mature 6 months downtrend. Commercials are in the reversal mode already so the turnaround can show ...
- RisingSun replied Jul 15, 2013
Nice input. Many thanks. Much interested. Regards, RS
- RisingSun replied Jul 15, 2013
According to COT data, commercials = suppliers of physical gold are at their peaks in pumping out gold to market, facilitating the buyers for their demand. So as you say, ClockTrader, the turning point will be near and I will be conservative with my ...
- RisingSun replied Jul 12, 2013
Let's see how it moves next week. Have a nice weekend. RS
- RisingSun replied Jul 12, 2013
This may probably be the last opportunity for shorting Gold, as COT numbers imply eventual reversal to bull trend. After this time, I will be looking to long. Regards, RS
- RisingSun replied Jul 10, 2013
Hi all. New here. I would agree 1268-70 is a critical retest level (yellow line) and if PA breaks here and holds higher then the reversal to bullish may have taken place. The W%R is about to reach the overbought zone and so hopefully my short ...
- RisingSun replied Jul 10, 2013
I would consider 1268-70 is a critical retest level (yellow line) and if PA breaks here and holds higher then the reversal to bullish may have taken place. The W%R is about to reach the overbought zone and so hopefully my short position be in the ...
- RisingSun replied Jul 10, 2013
Hi ClockTrader, Hope you don't mind this post. How do you like this chart? Admit the latest short entry was a bit premature in respect of the Wil% value not fully above the -20% line, yet. Let's see how the market develops. Regards, RS
- Posts by Member Search: 'RisingSun'