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- 18 Results (1 Thread , 17 Replies )
- operigote replied May 23, 2011
Gold trade update. — Initiated a brand new short position this afternoon.
- operigote replied May 20, 2011
Gold Update — Heading into the weekend and still bullish, however I did decide to take profit on my long position initiated around $1,482 and closed today around $1,506. I did so because of to the high volatility shown today, figured it was ...
- operigote replied May 18, 2011
Still holding on to the long position...at least for the next 24 hrs, then we'll see.
- operigote replied May 17, 2011
just updating, new trend coming in today...
- operigote replied May 11, 2011
I agree it can happen.
- operigote replied May 11, 2011
I undestand what you mean, but XAUUSD means that we are talking about gold quoted in dollars. So if the dollar weakens across the board, 95% of the time it will weaken against gold too. I undestand that during certain times (the other 5%) they may ...
- operigote replied May 11, 2011
Just updating the trend.
- operigote replied May 8, 2011
I try not not look that far into the future, my market bias will only last 24 hrs, ie I will reevaluate my trends every 24 hrs at 0:00 hr GMT. I known that for the short term we are in a down trend , so I am shorting the intra day rallies, at least ...
- operigote replied May 7, 2011
You can absolutely apply the same rules to weekly time frames as well.
- operigote replied May 6, 2011
Looks like this month's NFP did not have much of an impact on the market, market did a good job pricing it in ahead of time, but the Greece issue seems to be back, and this could cause more risk aversion and a further strengthening of the US dollar ...
- operigote replied May 5, 2011
just updating he charts for the next 24hrs will still only be looking for shorts...US dollar price action showing overwhelming weakness across the board, I am not holding any potions right here, I will wait for Sunday before I consider shorting it ...
- operigote replied May 5, 2011
I agree, a lot people covering their longs ahead of NFP and that is definitely causing major corrections across the board.
- operigote replied May 5, 2011
As you can see on these charts, 4 out of the 7 pivots, are showing dollar strength, ie; suggesting a short position on Gold, that's why I mark them with a red square. Ralph
- operigote replied May 5, 2011
Hey there PhilaTr8er, What I have been doing is basically looking at US dollar strength across the Forex market to determine my sentiment on Gold. So I look at the daily Pivots (highest price printed+lowest price printed+close price /divided by 3) ...
- operigote replied May 5, 2011
Still Short — Still only looking for short positions...trade has been working out great! Ralph
- operigote replied May 4, 2011
These are my last 3 trades on Gold (XAUUSD)...they are based on Pivot analisys, I will be writing a post later on sharing how I come up with these trends. As y'all can see I am supposed to be in a short position right now, but I have taken profit ...
- operigote replied May 3, 2011
That sounds great, 'cause I am the opposite, I started as a technical guy, trading very short time frames, over time I have become more and more interested in fundamentals and looking for trades on the longer time frames. As of right night I would ...
- Let's talk about gold - XAUUSD
I wanted to create this thread for active gold traders to gather and share opinions about their ...
- Posts by Member Search: 'operigote'