Hey guys do you think this will gap up or down at market open ?? Thanks
1
- #843
- Oct 5, 2019 10:54am Oct 5, 2019 10:54am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
Hey guys do you think this will gap up or down at market open ?? Thanks {quote}
It was much better when we could somewhat trade during the weekend, at least in some markets at some brokers... they widened the spread so much that there was almost no interest for it, but one could see the biggest moves... (remember US AAA downgrading, during weekend, anyone .. Overall I would say the GOLD goes UP... gap or not I used to trade GAPS btw.. not so anymore due to rather gambling for mentioned reasons... Also HF trading went MAD up for the last 10+ years... So whatever seems almost obvious.. is already.. countered/hedged (instantly)
Can you afford to take that chance?
{quote} Those gaps can be rather gambling this days.. specially when the people "prepare" for it in advance
We are only learners in this life
- #846
- Oct 6, 2019 11:50am Oct 6, 2019 11:50am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} When trading gaps works 80%-90% most of the time then it's not gambling
Nice. Tnx for future gap tips
Can you afford to take that chance?
{quote} That is true!
Well sounds interesting and..................
.............I will never trade gaps over the weekend: imagine an Iranian, Israeli or terrorist BLACK SWAN event....
I will we wiped out like with the CHF in Jan 2015 when the support EURCHF 1.20 was taken out by the Swiss Central bank.
Sounds pessimistic, perharps, but I want to remain a minimum in charge of events?
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today:
na
And right now XAU on the 4hr chart
smells like melting down to 1495?, 1480? lower?
Nobody knows.....
And if you know, tell me
smells like melting down to 1495?, 1480? lower?
Nobody knows.....
And if you know, tell me
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today:
na
- #849
- Oct 7, 2019 2:29pm Oct 7, 2019 2:29pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
And right now XAU on the 4hr chart smells like melting down to 1495?, 1480? lower? Nobody knows..... And if you know, tell me
So I would not draw any conclusions before the end of this week...Would wait for this potential slide.. and then would be buying again.. I mean, depending on the ones leverage.. but I feel very comfortable buying gold bellow 1500..
its almost nobrainer atm... At least for this month, for future months we will see what they will prepare for us at the end of the month
FED party etc...
Can you afford to take that chance?
{quote} That is true!
so if the price opened on Sunday night high I will sell it until it fills the gap and vice versa if the gap opened low... so for example, yesterday night I sold Gold around 1508x after the market opened high... for that I said it's not gambling Lol
We are only learners in this life
- #851
- Oct 7, 2019 3:37pm Oct 7, 2019 3:37pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} I'm not sure how you guys trade gaps but I trade it after the gap not before
Can you afford to take that chance?
{quote} Well sounds interesting and.................. .............I will never trade gaps over the weekend: imagine an Iranian, Israeli or terrorist BLACK SWAN event.... I will we wiped out like with the CHF in Jan 2015 when the support EURCHF 1.20 was taken out by the Swiss Central bank. Sounds pessimistic, perharps, but I want to remain a minimum in charge of events?
We are only learners in this life
- #853
- Oct 7, 2019 8:24pm Oct 7, 2019 8:24pm
- Joined May 2019 | Status: iTrade | 1,838 Posts
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
And right now XAU on the 4hr chart smells like melting down to 1495?, 1480? lower? Nobody knows..... And if you know, tell me
Well, my view of yesterday is evaporated: UP again
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today:
na
- #855
- Edited 2:28pm Oct 8, 2019 1:26pm | Edited 2:28pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} Seesm to be melting a little yes... but markets are ins tall again.. which GOLD market do not like
Inserted Video
"And essentially, it means is this case is unlosable. Okay? So, you know, we can come in, we can have our d*** hanging out of our pants. Nobody gives a f***. I’m gonna win."
Just to illustrate how confident I would be at buying gold below 1500... But yeah, the another important component would be... how far down could it swing before it pass the 1500 (again and again)... This detail could be detailed later but can not be atm since not favourable market conditions for this... FED mixed the cards again, just hoping we won't see a stall for the whole 3weeks.. until THE DECISION (announced
)... Will bet the market will be released in a week and then will have 2-3weeks of "freedom" until central bank(s) announce THE DECISION that will hold the trend for like 3m+, I believe So to sum up... buying hold below 1500? Anytime! With what leverage? Not high atm! But this might improve in the next weeks...
Can you afford to take that chance?
- #857
- Oct 8, 2019 2:06pm Oct 8, 2019 2:06pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
Not checked in for a while here on the old gold, 1440 over next few week
Can you afford to take that chance?
- #858
- Oct 8, 2019 2:20pm Oct 8, 2019 2:20pm
- Joined Jul 2017 | Status: Active member | 1,655 Posts
{quote} Wonderfull... I read this as an.. EPIC buy opportunity coming (after, if not now
- #859
- Oct 8, 2019 2:25pm Oct 8, 2019 2:25pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} I'm not looking at buying till around 1370 but that's a while off yet
For free I recently head a story about a truck that used "free" (potential) energy from CARGO... driving it downhill.. Went EMPTY up (and again down, with FULL cargo)...
for free
Yeah it was electric and "had" generators/dynamos of course I find the analogy with... Riding UP at the expense of sellers driving the markets down for us
So we can RIDE up again at no charge Can you afford to take that chance?
