Looks pretty stormy ahead, finding hard to figure out intraday trend, but very hopeful the skies would be clear within a day or two.
Hello World!
Trading Journal (only my take) 385 replies
Trading gold and silver only 59 replies
An idea for building wealth...using only gold 9 replies
GOLD traders only 90 replies
DislikedLooks pretty stormy ahead, finding hard to figure out intraday trend, but very hopeful the skies would be clear within a day or two. {image}Ignored
Disliked{quote} That's my sentiment as well. On sidelines till later this week when more clarification from inflation report and FOMC minutes. It would be good if market were to move higher, as I'd like to reload shorts closer to 1300.Ignored
DislikedThis isn't really my strongest "forte" but this pattern just sticks out like a soar thumb. I think this inverse head and shoulders is "in play". I'm long from 1226 and looking for 1319 or more...we'll see if this works...doubtful it will arrive there before the "magic date" when the moon is full. {image}Ignored
DislikedLooks pretty stormy ahead, finding hard to figure out intraday trend, but very hopeful the skies would be clear within a day or two. {image}Ignored
Disliked{quote} If the strength of Bulls & Bears in this Tug-of-War turns out equal, the stormy nature may get suppressed. I won't be surprised if there is no UP <--> DOWN volatility resulting in large spikes. In either case, I expect this to peak out soon, OR has it peaked out already? I hope I get my answer fast. PS: Maybe I get to see volatility on Thu.Ignored
DislikedMy two cents worth: Long term view for 2014 Gold has started this year at the low of 2013. As you can see on my daily chart, gold's price dropped throughout 2013 gradually from almost 1700 to below 1182.... {image}Ignored
Disliked{quote} You might be right. I think many traders are confused by the news and need clarification from upcoming economic reports...if clarification is possible. In any case, I am on pause as I'd like to take a short from at least 1270 or higher with a stop over 1315 and a target of 1188Ignored
Disliked... its more of a self-control game. Feel so helpless I can't play (trade) but only wait until my clock / calendar give a goIgnored
Disliked{quote} Nice!! I did as well. Will add to shorts as we could see market move higher first.Ignored
Disliked{quote} I've been doing lots of good stuff lately, not sure if its luck OR if I have suddenly improved a lot, time will tell. I intend to share only little here, one or two posts instead of tens a day here is good, I get peace of mind & stability in what I'm doing.Ignored
Disliked{quote} Awaiting Time triggers (economic news) to see how volatility in the US session plays out. My sentiment remains short. Position in place, will watch the show with conservative eyes.Ignored
Disliked{quote} Yes, so am I. Philly Fed and Bernanke, and we could see us break out of this tight range. Hoping to add to shorts at higher levels.Ignored
Disliked{quote} I wish you don't get a chance to sell from higher levels but lower levelsIgnored
Disliked{quote} hehehe. you might be on the mark there. I decided to take a short from 1244.Ignored