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- monman replied Dec 27, 2013
Inability to break through resist is bullish?! Ok, maybe I traded for years with bad infos ;-) I am still bear - no surprise for me if US opening north pole running will be forgotten before US closing bells. This is world full of bullish traps and ...
- monman replied Dec 27, 2013
Yes, I know about that pinbar, but if you trade pinbars, you know that the first (and in market with low volatility often the last) target is HIGH of previous candle - 1212.45. I do not think it is big issue ;-)
- monman replied Dec 27, 2013
Jimi do not be eager. ;-) It looks like XAU tested power of bears. If you look on H1 timeframe you can see there is new butterfly pattern (bearish). My opinion is even today we can see test of 1200 and I am still bearish (still not tested AB=CD ...
- monman replied Oct 22, 2013
When I look on H4 Gold chart there is forming AB=CD with max. price 1353.5... another reason why to be really careful with longs... Last week I am really lost in golden chart... Anyway with "scalps" still in profit
- monman replied Oct 22, 2013
Can you tell me why are you expecting area 1295 again, do you have any technical analysis for it?
- monman replied Oct 22, 2013
I would love to see 1240 But it is just a dream without any technical or fundamental reason. ;-) I am short @1344 with SL 1351, but I will move SL to BE as soon as i will can. This trade is only short-term "scalp", i need to see some good PA for ...
- monman replied Oct 22, 2013
Ok, meanwhile TK5 and XTrade will fight... Gold is @1344 - looks like good resist, what do you think? Time to short, or are we going to 1380 zone?
- monman replied Oct 17, 2013
page 1348 ;-)
- monman replied Oct 17, 2013
I know the market and GOLD specially is nervous in these days... This is the reason of my tight SL. I can see risk of north way too... We will see.
- monman replied Oct 17, 2013
All of longs closed by TP. now preparing for BIG short trade with TP around @1180 (almost formed H&S on W1 time frame). 1st short opened @1308 with SL @1335
- monman replied Oct 16, 2013
I dont think so... More time to reach agreement does not mean the strengthening currency. IMO Quite the opposite - Longer time when it is not clear... I wrote earlier I will buy around 1260 with SL 1250 and TP1 1301
- monman replied Oct 16, 2013
I will re-enter long around 1260 with SL 1250 and TP1 1301, based on H4 engulfing pattern and finished H1 Butterfly, now waiting for retracement down for entry. BUT still watching calendar 17th.
- monman replied Oct 15, 2013
in 8 minutes
- monman replied Oct 15, 2013
Do you think that approval of higher debt is good for currency? The market reacts in these days "strange"....
- monman replied Oct 15, 2013
Really BUY @1280? Res. is @1285.4, so I recommend Buy @1286 SL 1278 TP1 1298, TP2 1307 ;-)
- monman replied Oct 13, 2013
Yes, "big players" can sell huge lots, but US gov can not. At this moment US legislation does not allow to pay debts by gold reserve sales. If you look carefully at the charts you can find signs of short-term growth to 1308$ for long-term analysis ...
- monman replied May 21, 2013
This is one and only right risk management!
- monman replied May 20, 2013
I hope so, I had sell limit on 1382.32 ;-)
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