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All Majors and Gold

  • #5,361
  • May 1, 2013 11:07am May 1, 2013 11:07am
Quoting QuikFlipp
{quote} Closed all of my previous positions for a small profit....much better than the large paper loss i was looking at past few days. MAde money up and down on this baby. Now waiting till 1:30 before re-entry
good stick with your plan....it's only you who can know if its right or wrong
Wooooohooooo or Boooooohooooo
  • #5,362
  • May 1, 2013 11:08am May 1, 2013 11:08am
Ha ha! you are not an idiot ! But Miss MKT kiss you
  • #5,363
  • May 1, 2013 11:11am May 1, 2013 11:11am
Quoting bestgoldfx
Ha ha! you are not an idiot ! But Miss MKT kiss you
who you replying to me or quikflipp?
Wooooohooooo or Boooooohooooo
  • #5,364
  • May 1, 2013 11:13am May 1, 2013 11:13am
Quoting samadum
anyone wondering what sinclair said for now? let me guess, "buy buy buy"?
last 1h and 4 h cndles closed on 1441, looking to go down furthur
  • #5,365
  • May 1, 2013 11:25am May 1, 2013 11:25am
Quoting razaali
{quote} last 1h and 4 h cndles closed on 1441, looking to go down furthur

I see 1436 as next downside target near term, but im also waiting to see if she bounces off these levels.

Personally, im staying out until 1:30 as the FED can talk this into the blue skies, or make special yellow drop like a rock in a pond...we shall see.
"It is not enough to have a good mind; the main thing is to use it well"
  • #5,366
  • May 1, 2013 11:26am May 1, 2013 11:26am
Quoting alex4xes
Gold h1 will sellers take charge from here....??? That previous aggressive sell off's positions will not be given back to bull's without fight ! Now selling the rally, just my stupid trading habbit, not an advice for anyone {image}
Been waiting for something like this to happen & it is happening now Still technically a long way to go before resumption of bull market. I am anticipating market to move to atleat 1345.00 handle before bulls to get excited.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold h1.jpg Size: 64 KB
  • #5,367
  • May 1, 2013 11:28am May 1, 2013 11:28am
i make funny.You should not be so nervous!
  • #5,368
  • May 1, 2013 11:31am May 1, 2013 11:31am
Quoting bestgoldfx
i make funny.You should not be so nervous!
when replying to a quote here....click on "quote" not "reply to thread"

thanks
G
Wooooohooooo or Boooooohooooo
  • #5,369
  • May 1, 2013 11:32am May 1, 2013 11:32am
Quoting bestgoldfx
i make funny.You should not be so nervous!

I have my plans and I use them and learn from my mistakes.
I would rather sit this one out with a clean slate, and wait for confirmation on next move. Ill take a small profit rather than a smaller loss. The good thing is, Gold is back in play
"It is not enough to have a good mind; the main thing is to use it well"
  • #5,370
  • May 1, 2013 11:38am May 1, 2013 11:38am
Quoting gnomoneey
buying at 1441 sl none tp who knows 3000 maybe
Entering London/New York sessions today with thin market due to Holiday in Asia during Asian session. This sell off can not be sustained due to low volume. IMO......when Asia opens, china and India will find bargain prices and hit it with longs. It doesn't make sense selling in these levels during Asia. What happens now because of the obvious I just mentioned?
Profit takng (of this recent fall) and new bids will come In to play before the Close of New York contemplating obvious climb during Asia.

This is just my opinion.
  • #5,371
  • May 1, 2013 11:43am May 1, 2013 11:43am
Whatever you guys saying here is mystery to me. I've started out with this game for 4 days. I bought Gold at 1469 and this is drying me off haha. I'm waiting for it to rise again. Unfortunately I'm trading with a real account and 100% follow the news of investing dot com and this site
  • #5,372
  • May 1, 2013 11:45am May 1, 2013 11:45am
Quoting Macedonia
{quote} Entering London/New York sessions today with thin market due to Holiday in Asia during Asian session. This sell off can not be sustained due to low volume. IMO......when Asia opens, china and India will find bargain prices and hit it with longs. It doesn't make sense selling in these levels during Asia. What happens now because of the obvious I just mentioned? Profit takng (of this recent fall) and new bids will come In to play before the Close of New York contemplating obvious climb during Asia. This is just my opinion.

Very true and informative. Thank you.
"It is not enough to have a good mind; the main thing is to use it well"
  • #5,373
  • May 1, 2013 11:49am May 1, 2013 11:49am
Quoting Macedonia
{quote} Entering London/New York sessions today with thin market due to Holiday in Asia during Asian session. This sell off can not be sustained due to low volume. IMO......when Asia opens, china and India will find bargain prices and hit it with longs. It doesn't make sense selling in these levels during Asia. What happens now because of the obvious I just mentioned? Profit takng (of this recent fall) and new bids will come In to play before the Close of New York contemplating obvious climb during Asia. This is just my opinion.
if 1448 reached then 1452 next...next h1
in h4 1463
Wooooohooooo or Boooooohooooo
  • #5,374
  • May 1, 2013 11:51am May 1, 2013 11:51am
Quoting gnomoneey
{quote} if 1448 reached then 1452 next...next h1 in h4 1463

5 min PA suggests upward PA from here. Entered small long.
"It is not enough to have a good mind; the main thing is to use it well"
  • #5,375
  • May 1, 2013 12:05pm May 1, 2013 12:05pm
Quoting QuikFlipp
{quote} Very true and informative. Thank you.
Your welcome.

Just to add......with reports of physical gold in demand and shortage, the price of gold would climb due to low availability. Therefor, the MM's would want to be on the bid side as the price climbs during the demand of short supply.

Here is something I just read regarding retailers buying at any cost.

http://www.zawya.com/story/Gold_reta...042013_300462/
  • #5,376
  • May 1, 2013 12:09pm May 1, 2013 12:09pm
H4 is candle continue

maybe Up small and Bear
http://charts.mql5.com/1/455/gold-h4...ex-group-3.png
Sniper Shadow
  • #5,377
  • May 1, 2013 1:08pm May 1, 2013 1:08pm
Quoting Macedonia
{quote} Entering London/New York sessions today with thin market due to Holiday in Asia during Asian session. This sell off can not be sustained due to low volume. IMO......when Asia opens, china and India will find bargain prices and hit it with longs. It doesn't make sense selling in these levels during Asia. What happens now because of the obvious I just mentioned? Profit takng (of this recent fall) and new bids will come In to play before the Close of New York contemplating obvious climb during Asia. This is just my opinion.
I don't see what you see. Volume is pretty high on the moves down and not as high on moves up. As you know I am still sticking to my April 16th strategy (excess volatility trade), looking at this as a dip to buy. My Target 3b is still open on the downside - I am not sure where to close just yet - we may see 1434 or lower first.
  • #5,378
  • May 1, 2013 1:28pm May 1, 2013 1:28pm
Quoting gnomoneey
{quote} if 1448 reached then 1452 next...next h1 in h4 1463
ok made up for the stupid move this morning.....up now.....


woooooooohoooooo
Wooooohooooo or Boooooohooooo
  • #5,379
  • May 1, 2013 1:43pm May 1, 2013 1:43pm
Quoting gnomoneey
{quote} ok made up for the stupid move this morning.....up now..... woooooooohoooooo
Hi G, what do you think, the prices will continue till they touch 1463? And what effect will it have on tomorrows opening?
  • #5,380
  • May 1, 2013 1:44pm May 1, 2013 1:44pm
Gold reversal from bearish to bullish may be contained 1460 max. One can go for severe shorting again @ 1478 with stop loss @ 1480.
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