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  • #9,521
  • Jun 2, 2014 5:36am Jun 2, 2014 5:36am
Quoting TudorJonesJR
Yes normally penis formations go up , but bull doesn't look that strong. Looks like it is waiting for US open.
Sounds like you gave my pattern a name. Haha. Thanks.
The only winner is the one who survive the longest...
  • #9,522
  • Jun 2, 2014 5:50am Jun 2, 2014 5:50am
Quoting kinspk
Look good for a small bull? {image}
just out of interest can you do say that again but this time draw a big penis and say big bull... worked last time..
A genius is born every minute, me I am lucky if my socks match.
  • #9,523
  • Jun 2, 2014 6:11am Jun 2, 2014 6:11am
Cashed in my recent long and have taken a short on the small bull.
Placed as a hedge for US open.
A genius is born every minute, me I am lucky if my socks match.
  • #9,524
  • Jun 2, 2014 6:27am Jun 2, 2014 6:27am
Quoting whackdiddy
{quote} just out of interest can you do say that again but this time draw a big penis and say big bull... worked last time..
Haha, lets wait for a bigger penis later. I just closed it, its a small d***.
Attached Image
The only winner is the one who survive the longest...
  • #9,525
  • Jun 2, 2014 6:45am Jun 2, 2014 6:45am
Seeing a potential drop to the kijun and if we pass that we should hit the pink line in the chart. It is going to be a bit of scalping until the USD news release I am thinking.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 70 KB
A genius is born every minute, me I am lucky if my socks match.
  • #9,526
  • Jun 2, 2014 7:24am Jun 2, 2014 7:24am
Intraday call: Long from 1247, SL @ 1240

Long term Seasonal longs separate.
Hello World!
  • #9,527
  • Jun 2, 2014 7:29am Jun 2, 2014 7:29am
Quoting ClockTrader
Intraday call: Long from 1247, SL @ 1240 Long term Seasonal longs separate.
at the moment it does not look like braking 1247,5 to me maybe a little downside first
  • #9,528
  • Jun 2, 2014 7:35am Jun 2, 2014 7:35am
Quoting bonnzi
{quote} at the moment it does not look like braking 1247,5 to me maybe a little downside first
If it goes below 1240, it could go further down, IF it breaks 1220-25 range, 1150-60 looks inevitable to me. I'll continue to invest in the current month and next month as well. Only thing I need to do is, stay balanced and disciplined.

PS: I thought I should better use the word "Invest" for long term longs.
Hello World!
  • #9,529
  • Jun 2, 2014 7:39am Jun 2, 2014 7:39am
Quoting bonnzi
{quote} at the moment it does not look like braking 1247,5 to me maybe a little downside first
Yes gold is not very popular. Everytime violent moves down, compared to the slow bulls (consolidating) (up)moves. I got a feeling that the biggest move down still has to come.
  • #9,530
  • Jun 2, 2014 7:47am Jun 2, 2014 7:47am
Quoting TudorJonesJR
{quote} Yes gold is not very popular. Everytime violent moves down, compared to the slow bulls (consolidating) (up)moves. I got a feeling that the biggest move down still has to come.
god forbid
  • #9,531
  • Jun 2, 2014 8:09am Jun 2, 2014 8:09am
I agree with more downside on its way...

It should test 1230...anything under that I expect people to become ultra bearish; hence I think that is the time 1205-1222 to go long; that being said we might get a huge spike down like the previous 2 bottoms under 1200 which will take out long stops..

For now though I really do think there is more downside...as volumes are clearly missing... 1252 has become resistance..
  • #9,532
  • Jun 2, 2014 8:13am Jun 2, 2014 8:13am
Have you considered this?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
If you do not know who you are, the Forex is the worst place to find you
  • #9,533
  • Jun 2, 2014 8:48am Jun 2, 2014 8:48am
I think its going to form h&s in long. Im looking to buy around $1200 or below that.
  • #9,534
  • Jun 2, 2014 9:54am Jun 2, 2014 9:54am
Quoting feinan
I like the plot now {image} {image}
I love the post mate!!
  • #9,535
  • Jun 2, 2014 9:55am Jun 2, 2014 9:55am
very nasty red pin bar on 1h
my precious poor longs does not look good at all
have a good one guys
  • #9,536
  • Jun 2, 2014 10:45am Jun 2, 2014 10:45am
Quoting bonnzi
very nasty red pin bar on 1h my precious poor longs does not look good at all have a good one guys
Thanks for giving a cheerful look with risky longs =)
Feels lesser bad while sitting on longs.

Have a nice one you all!
Hello World!
  • #9,537
  • Jun 2, 2014 10:56am Jun 2, 2014 10:56am
Quoting ClockTrader
{quote} Thanks for giving a cheerful look with risky longs =) Feels lesser bad while sitting on longs. Have a nice one you all!
Hi guys,

May I also join the group? ;-)

Best regards,

Frietzak
  • #9,538
  • Jun 2, 2014 11:43am Jun 2, 2014 11:43am
Quoting waleed.khan
I agree with more downside on its way... It should test 1230...anything under that I expect people to become ultra bearish; hence I think that is the time 1205-1222 to go long; that being said we might get a huge spike down like the previous 2 bottoms under 1200 which will take out long stops.. For now though I really do think there is more downside...as volumes are clearly missing... 1252 has become resistance..
Agree. Could see a lot of buying around 1200 level. Wonder if ECB rate cut, etc. is priced in? I tend to think it has already been acknowledged, so NFP could be the real price mover.
"The market can remain irrational longer than you can remain solvent"
  • #9,539
  • Jun 2, 2014 1:23pm Jun 2, 2014 1:23pm
Quoting anton.olff
{quote} Agree. Could see a lot of buying around 1200 level. Wonder if ECB rate cut, etc. is priced in? I tend to think it has already been acknowledged, so NFP could be the real price mover.

Yeah... I think it more or less has been priced in too...but then if you look at the euro it started falling from 1.40 & now is 1.36 and there are expectations for it to reach 1.33...

So keeping this is mind...maybe Gold has a little more room for the downside....

NFP will definitely be important... It was really interesting to note the "correction" of the ISM manufacturing numbers and their effect on the equity markets; the markets fell sharply at bad data but it did not rise as much when the numbers were corrected; which perhaps indicates that a top is nearby...

Yeah this week is going to be a cracker!
  • #9,540
  • Jun 2, 2014 1:53pm Jun 2, 2014 1:53pm
long at 1243 for me target 1264
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