You are welcome to the forums and Best of luck with your strategy. Would wait to know if you get success with yours or mine strategyAlso, I am quite confident that Bollinger bands dont work one-size-fits-all. E.g. on H1 i dont see PA respects the ...

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Its quite simple. Read about bollinger bands you'll get a clearer picture. I normally wait for the price to touch the lower band, at the same time see if RSI reflects oversold i.e. below RSI 30. Then just buy from there! However, its an added ...

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Sorry, was this for me?

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I'm using just the default settings, 20 and 14, respectively. Let me know if it proves to be any good for you, or if you can manage to get better results by tweaking the settings.

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I'll share my technical analysis based on "Bollinger Bands + RSI" strategy, which has proven to be very profitable to me. This strategy is not one-fits-all so for each instrument you need to look at a different time frame. For example, on Gold it ...

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Well, Gold will take a dip on rate hike. But rate hike... in June? this year? next year? I dont think so...! I believe the US economy is in a bad shape than ever. All these numbers they give out look rosy, but the real picture is really grim. On top ...

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You know what! I am becoming a sort of fan of your theories now. Look how they manipulated the market today. Bad jobs data, bad housing data, but still gold is under pressure I had a bullish bias today, but it's good I stayed away. Good buying ...

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Do what you have to do man. Those disagreeing with you have their opinion so ignore everything and stay focused on your thing. Not all can agree, and thats ok!As a trader/investor I learn alot everyday from you and others around here. I generally ...

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Despite considerable gains by USD today, gold continues heading north. Likely going to clear and close above 1224 tonight. IMO 1241 is next resistance. If it reaches 1279 this week, I'll start shorting. For time being i'm staying away.

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Sarcasm? :/

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kinspk and ClockTrader: (just an opinion guys) Bullish bias might be true technically, especially for today or tomorrow, but when I look at the economic calender, strong job expectations and other data from US this week would push the gold south ...

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Thanks man. Sent you PM

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I would be grateful should you or any other member in our forums be able to give more information about the way you all hedge or the generaly safer way of hedging. Do we have a dedicated thread related to this topic? I have been struggling to find ...

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IMO it's likely it will touch 1213/1219 before dropping to 1190 area.

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I have very similar view of gold too for short-term. Even this kind of weak data failed to push gold up, contrary to our earlier expectations. I agree with SkyzerFX that Equity bubble is inflating, but we also need to see some economic improvements ...

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like wise... positive data from US didnt play much role today. 1200 has only strengthened today. I see 1240 this coming week. "IMO"

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Thanks for correction guys. That was embarrasing! This is what I meant: I believe today market may touch 1140 area... or below to 1130. Too much pressure is building up on Dollar and equities. A huge jump can't be ruled out.I'm longing a few lots ...

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I believe today market may touch 1440 area... or below to 1330. Too much pressure is building up on Dollar and equities. A huge jump can't be ruled out.I'm longing a few lots at 1441 for mid-term.

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next week or so gold is expected to go to 1140 - 1150 areas just to move back to 1300 or above... spx500 is expected to get a crunch it deserves for a few weeks now... i'll long 100 lots for mid to long term at 1154 or below. wish u all happy ...

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@Goldminer: Thanks! Waiting for it to breach 1210. @Kinspk: Enjoy your night! IMO there will be hardly anything different for Yellen or Draghi to say. Market has already built their sentiment about Greece and Rates.

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