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monman replied Dec 27, 2013Yes, 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 ;-)
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Dec 27, 2013Jimi 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 ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Dec 26, 2013Today I am not coming with trade tip (though Short XAU 1206.1 SL 1207.2 TP 1201.8 ? ;-)), but I would like to know your opinion. Do you open any trades before New Year? Enjoy last days of 2013!
New FxMonMan managed account opened
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monman replied Dec 22, 2013EUR/USD 23/12/2013 After break I am back with my analysis ;-) Personally, I do not think that this week is a good time to trade. I recommend to enjoy Christmas and turn on charts again in year 2014. But for you who need charts every minute of their ...
New FxMonMan managed account opened
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New FxMonMan managed account opened
Started Dec 22, 2013|Commercial Content|21 replies
Last week I spent with my business partners and we talked about possibility of open a new ...
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monman replied Dec 8, 2013GBP/JPY 09/12/2013 It looks like bulls are immortals. They took just short break for sleep, but on Friday were back in full force. My opinion is, that it was their last attack for some time. I think we will NOT see new highs, but new lows in few ...
Geppy's Geppy Thread (GBP/JPY)
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monman replied Dec 8, 2013EUR/USD 09/12/2003 After NFP and "mixed" reaction to it we have quite unclear situation... The main support for now is 1.3628, as long as price is above it I expect slow upward movement. Next strong resistance is 1.3803, but I really do not expect ...
EURUSD
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monman replied Dec 3, 2013After the jurney under monthly support 0.8168 we are back "in zone". My assumption is drop back to 0.8180 where I have Buy Limit order. If this drop will not break support bounce to 0.8400 zone is expected. image My setup is: Buy 0.8180 SL 0.8150 ...
NZD/USD
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monman replied Dec 3, 2013After small retrace EUR/USD failed to break through bottom line of uptrend tunnel, now it is near to the top line of the tunnel. Today I expect test of weak support 1.3560 followed by bounce to monthly resistance 1.3628. If broken 1.3800 area is ...
EURUSD
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monman replied Oct 22, 2013When 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

XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Oct 22, 2013Can you tell me why are you expecting area 1295 again, do you have any technical analysis for it?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Oct 22, 2013I 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 ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Oct 22, 2013Ok, 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?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Oct 17, 2013I 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.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Oct 17, 2013All 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
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Oct 16, 2013I 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
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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monman replied Oct 16, 2013I 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.
Only Gold!
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monman replied Oct 15, 2013Do you think that approval of higher debt is good for currency? The market reacts in these days "strange"....
XAU/USD & XAG/USD - Gold & Silver Traders Thread