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Grashid- Gold Analysis

  • #141
  • Mar 10, 2010 1:17am Mar 10, 2010 1:17am
IMO,

Watch the 1118-1120 Support

If holds, then add more long

If breaks, then short again

TKS
  • #142
  • Mar 10, 2010 1:47am Mar 10, 2010 1:47am
Quoting meiopsifia
lol, I'm just curious to know who the dummy is <
Dummy = XAU
  • #143
  • Mar 10, 2010 1:57am Mar 10, 2010 1:57am
ohh.... heh... thx msclemike...

Question 2: What does add more long mean?
  • #144
  • Mar 10, 2010 2:47am Mar 10, 2010 2:47am
Quoting MHuzaifa
Hi Bro....are you expecting some more down movement in GBP...you posted on your blog that you will have a buy dip stratategy.....are you still long biased?
yup..am still long bias and just take 1 lot@ 1.4923, SL=1.4823 TP=open..let c what happen
  • #145
  • Mar 10, 2010 3:28am Mar 10, 2010 3:28am
Quoting learntowin
IMO,

Watch the 1118-1120 Support

If holds, then add more long

If breaks, then short again

TKS
nice call ty
  • #146
  • Mar 10, 2010 3:38am Mar 10, 2010 3:38am
Quoting meiopsifia
ohh.... heh... thx msclemike...

Question 2: What does add more long mean?


When you buy another position(s) (e.g. if you have 1 lot going long, you buy another lot so you have 2 lots going long in order to achieve more profit if the position goes in your direction)...
  • #147
  • Mar 10, 2010 3:45am Mar 10, 2010 3:45am
Quoting meiopsifia
Question 2: What does add more long mean?

That means, that you stand ready for some buying action, but i would advise you to make your own research rather than taking the advice alone.

Take care.
  • #148
  • Mar 10, 2010 3:53am Mar 10, 2010 3:53am
http://i285.photobucket.com/albums/l...old10march.jpg
  • #149
  • Mar 10, 2010 4:50am Mar 10, 2010 4:50am
Thx MscleMike. Yeah, I just want to familiarize myself with the terms... Either way I was shorting at 1126.70.
  • #150
  • Mar 10, 2010 7:20am Mar 10, 2010 7:20am
Quoting grashid
amboi hang kemaih...meh sini lepak fantasia
Hmmm, I see.
  • #151
  • Mar 10, 2010 7:22am Mar 10, 2010 7:22am
In all seriousness, i think gold is going up now as well.
  • #152
  • Mar 10, 2010 7:48am Mar 10, 2010 7:48am
Quoting fxvoilaaa
Hmmm, I see.
to best of my knowledge and expertise, the gold is declining big time. USD, is likely to go up considerably fast cos of forthcoming data of unemployment claims and trade balance.

Take your own decision but thats how i look at it. Regards to all
  • #153
  • Mar 10, 2010 8:09am Mar 10, 2010 8:09am
I second that, I expect gold to go down soon... <- Opinion ... Support later
  • #154
  • Mar 10, 2010 8:19am Mar 10, 2010 8:19am
still ranging and max up i could see now was at 1131.
However look like am going to stop and will come back to trade gold by next thu or friday...

H4 look like have little bit room for down...but M15 told me to long from now..mmm

mm my dummy...am close it now for +usd2...

good luck

g

p/s: for any discussion, it will be great if you can post ur chart and continue with discussion instead of...mmm
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold-weekly.JPG Size: 76 KB
Click to Enlarge Name: gold-d1.JPG Size: 75 KB
  • #155
  • Mar 10, 2010 10:51am Mar 10, 2010 10:51am
@

p/s: for any discussion, it will be great if you can post ur chart and continue with discussion instead of...mmm[/quote]


the gold has declined but remembering its going further down. Beware of going long please
  • #156
  • Mar 10, 2010 11:33am Mar 10, 2010 11:33am
Quoting riko2705
first target 1134
any opinion?
good trades

out +38
re enterhttp://cdn.forexfactory.com/images/editor/menupop.gif

opinions?
Attached Image (click to enlarge)
Click to Enlarge Name: au2.gif Size: 16 KB
  • #157
  • Mar 10, 2010 4:23pm Mar 10, 2010 4:23pm
seems ı was in a hurry. rising wedge breeched down....

but if price was on bottom wall of the channel ıt may go up...

lets see....

good trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au3.gif Size: 16 KB
Click to Enlarge Name: au4.gif Size: 15 KB
  • #158
  • Mar 10, 2010 7:19pm Mar 10, 2010 7:19pm
Quoting riko2705
seems ı was in a hurry. rising wedge breeched down....

but if price was on bottom wall of the channel ıt may go up...

lets see....

good trades


i believe u have very good long entry...n lock it if it break 1111.

good for those take a short yesterday....am taking my small long atm from 1109.11 for my TP of 1111.11&1116.11..

let c what happen...

g
Attached Image (click to enlarge)
Click to Enlarge Name: gold-m15.JPG Size: 64 KB
  • #159
  • Mar 10, 2010 7:29pm Mar 10, 2010 7:29pm
Quoting banana9009
http://i285.photobucket.com/albums/l...old10march.jpg
Thank you very much Bro,

Booked profit for my short @1106.8

Turned to Long with you @1105

Stop loss 1097

Thank again for your Great chart which gave me a very good Entry for Long
  • #160
  • Mar 10, 2010 7:42pm Mar 10, 2010 7:42pm
Quoting grashid


i believe u have very good long entry...n lock it if it break 1111.

good for those take a short yesterday....am taking my small long atm from 1109.11 for my TP of 1111.11&1116.11..

let c what happen...

g

Thank you Sir Grashid,

I am still learning your Charting

And with your Excellent charts, i could not post any other


I am also Long with you now Sir

TKS
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