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  • #9,081
  • May 25, 2014 4:06pm May 25, 2014 4:06pm
I have noticed for the last two week Xau/Usd starting the week off with a dip followed by a rally also... that if you entered on the rally were good trades.

Over the last year I have been watching and trading the Xau/Usd, and it seems certain times of the day are best for entering and exiting,
5am est, 8:30 am est (after a news release), at around the London close 11 am est to 1 pm est, and from around 9:30 pm est to 12 am est.
These times often mark highs or lows and turning points on intraday 1 hour chart.

if the markets does open with a low, I will try to enter it on a rally and hold until either the mid asian later tonight or around 8:30 am est Monday...
but being that is a holiday this might change things up a bit.
  • #9,082
  • May 25, 2014 10:15pm May 25, 2014 10:15pm
grrr. I did it again, discipline letting me down.
I enter two shorts too early instead of sticking to my plan.
They will still turn a profit (currently red) so not majorly bad but just annoying.
A genius is born every minute, me I am lucky if my socks match.
  • #9,083
  • May 25, 2014 11:44pm May 25, 2014 11:44pm
Quoting whackdiddy
grrr. I did it again, discipline letting me down. I enter two shorts too early instead of sticking to my plan. They will still turn a profit (currently red) so not majorly bad but just annoying.

Same as me here dude
Gonna make a stop loss on it
  • #9,084
  • May 26, 2014 1:05am May 26, 2014 1:05am
Quoting nutgm5169
What do you think next week? v v v Daily trend {image}
Ukraine with new President Pro USA and everything look calmed, Gold should go down, im trading Oil right now short,
I think Euro will go up this week.
  • #9,085
  • May 26, 2014 1:33am May 26, 2014 1:33am
Quoting acidguy
{quote} Ukraine with new President Pro USA and everything look calmed, Gold should go down, im trading Oil right now short, I think Euro will go up this week.
Just moved my TP to 1288.19 but watching and may manual close before then.
A genius is born every minute, me I am lucky if my socks match.
  • #9,086
  • May 26, 2014 2:03am May 26, 2014 2:03am
So who else thinks that the hound and Bronn will team up?

We keep hitting resistance on the H1 at 1293.63 ish but I am seeing a potential bear down to the 1290.47, waiting on the UK session to get into full swing after 10:49 UK time before confirming though. Logic says it should go bear, but a niggling feeling is also present.
A genius is born every minute, me I am lucky if my socks match.
  • #9,087
  • May 26, 2014 2:33am May 26, 2014 2:33am
GOLD: this is my opinion...Price should go @1282/3 then @1312 and then @1255/60.

Attached Image (click to enlarge)
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If you do not know who you are, the Forex is the worst place to find you
  • #9,088
  • May 26, 2014 2:50am May 26, 2014 2:50am
Quoting whackdiddy
{quote} Just moved my TP to 1288.19 but watching and may manual close before then.
Closed two of my three shorts, one short position in play now and waiting for a TP of --- wait for it ---- 1180.52 (yes long term trade and only half a pip 0.5 of a lot).
A genius is born every minute, me I am lucky if my socks match.
  • #9,089
  • May 26, 2014 2:59am May 26, 2014 2:59am
Entered a 1 lot long @ 1291.72 for retrace back to 1293.12, tight SL.

Did not count on the bank holidays, could be a quiet one tonight.
A genius is born every minute, me I am lucky if my socks match.
  • #9,090
  • May 26, 2014 3:18am May 26, 2014 3:18am
Not sure if huge move will occur today, but present PA look like Gold is going to drown.
The only winner is the one who survive the longest...
  • #9,091
  • May 26, 2014 3:22am May 26, 2014 3:22am
Quoting kinspk
Not sure if huge move will occur today, but present PA look like Gold is going to drown.
Agreed, I have moved into scalping mode, will ride the waves and make small profits with many trades.
A genius is born every minute, me I am lucky if my socks match.
  • #9,092
  • May 26, 2014 3:44am May 26, 2014 3:44am
Gold's gonna be so cheap nobody will want it anymore lol
  • #9,093
  • May 26, 2014 3:48am May 26, 2014 3:48am
Quoting Karpa
Gold's gonna be so cheap nobody will want it anymore lol
All it takes is putin and obama to get together over a scotch and say, hey lets do a media blitz and scare people that a 3rd world war is about to begin, gold will jump to 1600 odd and then we will squash it and say sorry and it will drop back to 1200 or lower. We could make some good coin on it, what do you say...
A genius is born every minute, me I am lucky if my socks match.
  • #9,094
  • May 26, 2014 3:51am May 26, 2014 3:51am
Quoting whackdiddy
{quote} All it takes is putin and obama to get together over a scotch and say, hey lets do a media blitz and scare people that a 3rd world war is about to begin, gold will jump to 1600 odd and then we will squash it and say sorry and it will drop back to 1200 or lower. We could make some good coin on it, what do you say...
Haha good one but I think putin would threaten with war bc vodka is superior to scotch
  • #9,095
  • May 26, 2014 3:52am May 26, 2014 3:52am
scalps closed for profit, waiting to get home to look at my big charts, will post from there but not sure I will be online much tonight, already taken my % for the day so if I grow a set of b a l l s and keep discipline I will wait until tomorrows session before entering another trade.
A genius is born every minute, me I am lucky if my socks match.
  • #9,096
  • May 26, 2014 4:38am May 26, 2014 4:38am
Hopefully, the pic for intra-day should be clear by NY morning.
Hello World!
  • #9,097
  • May 26, 2014 4:56am May 26, 2014 4:56am
Quoting ClockTrader
Hopefully, the pic for intra-day should be clear by NY morning.

Ny will be closed today... memorial day and so was london... no point trading today on low volumes...
  • #9,098
  • May 26, 2014 5:07am May 26, 2014 5:07am
Quoting waleed.khan
{quote} Ny will be closed today... memorial day and so was london... no point trading today on low volumes...
Mate, I meant to point towards key hr: NY morning.
Hello World!
  • #9,099
  • May 26, 2014 5:08am May 26, 2014 5:08am
Look like Gold managed to trap water and avoid drowning. Hopefully NY session provide some direction. How i wish i can give a kick at it's head so that it drown now.
The only winner is the one who survive the longest...
  • #9,100
  • May 26, 2014 5:31am May 26, 2014 5:31am
Finally got on to a chart. Gold had been wrestling between 1291-1295 for the last 10 days, this is the present price range which I personally felt need to be broken to establish at least a short term trend. With Clocktrader's gold season in mind, I fancy a drop first which will attract more buyer in the coming month to push price in an obvious trend.

Btw I have 1 silly question, how do you guys, quote someone name in it?
Attached Image (click to enlarge)
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The only winner is the one who survive the longest...
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