Grashid- Gold Analysis

look at higher than H4 tf to see something...1643/45 = done..time for pull back before my long term target 1380-1250-1150-980...opsss

http://www.bloomberg.com/news/2012-0...utes-show.html

maybe i could say bye2 1700 for a while

1563-1477-1427 first then....

n add in @ 1672.40 .........

close 1670 at 1666.06 while 1672.40 lock at 1670.
Today close below 1669/1670...mmm...yummy

bb next week..tata

g

...so far so good...

bb tonight in London close

c ya

I think Gold could put in a double top before the end of the year and then correct back down to maybe the $1250 mark. Just my opinion though.

Am done and close my last short at 1645.83..will start FOREX with focussing on cross, perhaps tomorrow or Monday in London open or London close...

Have a nice trade guys

cheers

g

nope

But look at Gold. It is forming the Batman head.

sell limit triggered...let c either she able to test 1.2890-1.2680 or not

same here
good days rashid

1612 clear then my Q3 target of 1563/1561...see all of you next month ~ 7-8 May perhaps after am back from Brasil or London...otherwise will reload another position ~ 1690/2 area as the ranging almost completed

cheers

g

Awesome trades Abang Rashid. I hope to be like you by the end of the year. Have a safe and good trip. =)

Why not the huge correction? The metals do look like they have topped and the May sell off will start soon IMO. Plus it is election year.

My opinon is that we will crash, then rocket to $8500 later this decade.

..still nothing much action...mmm...look like as per plan

how wonderfull become as a swing trader ya. Have plenty of time with family and own stuff....cool

now am back tho....

1612 broke?...its so delicious (infact my Q3 just hit)..but let em be for a while

watch for today close..below 1612 then 1583-1563 is on the card..

catch later guys..enjoy and have a nice trade

cheers

g

hey grashid what time frame are you looking at it reaching 1563?

Hello all,

As this is my first post here on FF, I want to give some thanks and congrats to Grashid on staying motivated, dedicated and innovative over the years. It looks like you have some road miles in this trade, and I would like to join you if not for just a few more before I move on to a full basket trading system.

A roadmap of my journey so far: I come from a long line of Canadian gold geologists, mining engineers, and precious metals analysts who have been and still are a cornerstone of the Canadian precious metals and mining industry. From dinner table conversations with my father as a youngster (The Ultimate John Embry), to eventually working for him in the gold exploration field for 3 years, to finally analyzing gold equities and placing gold itself at the center of the financial solar system, I had acquired a legitimate full blown obsession for gold.. trust me, when you believe gold is a transformational, cross-dimensional element that may be more abundant than we know, you acquire true perspective on how wide the market's range is on supply/demand and find it increasingly difficult to accept that there is a speculator on the other end of my deal who isn't blindly riding lady luck. I have sifted through enough goldbug sentiment/sediment to luckily realize that in order to avoid self-destruction, I must realize a perfect state of open mindedness and remove all bias.. albeit, somewhat impossible: hence, Forex Factory. Anyhow, I now work with a major institutional trading team (Not a trader yet) for global precious metals with one of Canada's big 5, and have gained great insight into how the big swinger's play metal swaps. I've tried the CFA thing when I thought I wanted to be a Gold Analyst. Yes, it would be fun. But no, I want to be a trader, and a good one.

I will try and be a value added member to this thread and I would appreciate it if anyone would like to connect and share ideas with me going forward as we progress. The XAU/USD trade will definitely be in my portfolio, but as I will be focusing heavily on system play with heavy diversification principles, it will not be my sole focus.

I too will be documenting my progress in the FX world going forward, and there isn't a better place for me to start than here!

Happy trading all, and Timeo Danaos et dona ferentes! Hopefully I'm not one of them to you,

Eric

1. As my humble advice, avoid playing gold below than H4 TF
2. If look at H4 chart and above, zoom in and zoom out, you may saw something on how i put my target number.
3. Again, trade what you saw from your chart, and avoid from outside noise like some bias from other fundamental analysis base nor what people say. Just use that as to counter check with what you have been saen in your chat. That it. Overall, execution is fully in your control. Win or loose is your money, and that is the reason i dun give a damm to what people say or comment.

Have a nice trade..

cheers

g