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Only Gold!

  • #101
  • May 19, 2013 10:28am May 19, 2013 10:28am
Quoting seaman2
{quote} i predict gold going up next week. Hope you feel better now Seriously, my system that is based on price action & news, still has not detected bottom. At this point I still believe previous low 1321 will not be revisited and market will reverse before, for new highs. Will post my trade signal here if I get one.

Clocktrader mentioned that the buy period is from May 13 to May 21! I hope he also tried to mean that price will go up after May 21...
  • #102
  • May 19, 2013 8:54pm May 19, 2013 8:54pm
Quoting Red Herring
{quote} Clocktrader mentioned that the buy period is from May 13 to May 21! I hope he also tried to mean that price will go up after May 21...
The fall is culminating. As far as my technicals are concerned (on the basis of astro / lunar) cycles, we are at the bottom or around that. I have been right & wrong numerous times. Time will tell.

The downside of my knowledge is that so far, I've been able to figure out a period ranging a week or two but not been able to ascertain the right day. I'm working on more precision forecast. Hope some good soon.
Hello World!
  • #103
  • May 20, 2013 1:50am May 20, 2013 1:50am
Hi peeps,

i am trying to do intra-day gold trading. However, with currency pairs, you get information on average daily pip movements and the thing about gold is there might be more volatility and it moves more which could be a good thing. I am trying to calculate position size so if you could help, what do you feel is the average daily movement of gold?
  • #104
  • May 20, 2013 6:59am May 20, 2013 6:59am
got swing trade signal to buy @ 1330 stop 1300, targetting 1500, expires close of US session.

doesn't look good as price moving away
  • #105
  • May 20, 2013 7:59am May 20, 2013 7:59am
Quoting seaman2
got swing trade signal to buy @ 1330 stop 1300, targetting 1500, expires close of US session. doesn't look good as price moving away

Don't worry. I am still waiting to see 1320 to get a better long entry.
  • #106
  • May 20, 2013 10:45am May 20, 2013 10:45am
Quoting seaman2
got swing trade signal to buy @ 1330 stop 1300, targetting 1500, expires close of US session. doesn't look good as price moving away
Close of US session would mean? daily session or weekly closing? In either case, I doubt 1500 so fast

My two gold coins!
Hello World!
  • #107
  • May 20, 2013 11:15am May 20, 2013 11:15am
could be going short after this rally?
Investing is SIMPLE but NOT EASY
  • #108
  • May 20, 2013 11:19am May 20, 2013 11:19am
I'm selling gold because I'm convinced that is only manipulation for erasing al SL. Price will fall down in a next 15 minutes.
  • #109
  • May 20, 2013 11:22am May 20, 2013 11:22am
Quoting Veracruz
I'm selling gold because I'm convinced that is only manipulation for erasing al SL. Price will fall down in a next 15 minutes.
It is the very nature of index to move into the direction where tons of SLs are lying. It would be wrong to expect index to move where Take Profits are waiting. SEC.gov would go bankrupt over night if they went in wrong direction. This is the exact reason why I say overbuying of Gold will lead to fall & vice versa.

My two Gold Coins.
Hello World!
  • #110
  • May 20, 2013 11:23am May 20, 2013 11:23am
Quoting Veracruz
I'm selling gold because I'm convinced that is only manipulation for erasing al SL. Price will fall down in a next 15 minutes.
I hope so, I had sell limit on 1382.32 ;-)
  • #111
  • May 20, 2013 11:24am May 20, 2013 11:24am
Could anybody confirm why gold rallied now??????
  • #112
  • May 20, 2013 11:25am May 20, 2013 11:25am
Fellas, be careful, as we can all see, today May-20, Gold has been flowing like liquid, I would sit tight & watch this show :-)
Hello World!
  • #113
  • May 20, 2013 11:26am May 20, 2013 11:26am
Same setup for Gold and Silver
  • #114
  • May 20, 2013 11:32am May 20, 2013 11:32am
Quoting Veracruz
Same setup for Gold and Silver
Gold is going to down or up???
  • #115
  • May 20, 2013 11:45am May 20, 2013 11:45am
Quoting belief81
{quote} Gold is going to down or up???
The big boys are cleaning up the market and SL's.
Wait for 15 minutes and you will see how it backs at the same price before go up.
It's up to you and under your responsibility.
  • #116
  • May 20, 2013 2:41pm May 20, 2013 2:41pm
Quoting seaman2
got swing trade signal to buy @ 1330 stop 1300, targetting 1500, expires close of US session. doesn't look good as price moving away
gold is not my friend

the moment i want to grab it, moves away, like reads my mind. So f*k it, i am cancelling my order !!!

it has different dynamics compared to other markets. Probably to do with what ClockTrader is saying. It is more than just commodity for many.
  • #117
  • May 20, 2013 3:53pm May 20, 2013 3:53pm
whats pro's view on gold next ?
Investing is SIMPLE but NOT EASY
  • #118
  • May 20, 2013 10:03pm May 20, 2013 10:03pm
Quoting Moly_Cam5
whats pro's view on gold next ?
Go long now (sow now) & harvest in Jan - Feb. If you wanna set SL use a monthly chart.
Hello World!
  • #119
  • May 20, 2013 10:53pm May 20, 2013 10:53pm
Quoting ClockTrader
{quote} Go long now (sow now) & harvest in Jan - Feb. If you wanna set SL use a monthly chart.
Why do you think that gold will go up instead going down?
Do you use technical analysis or fundamental analysis?thanks for your explanation
  • #120
  • May 20, 2013 11:06pm May 20, 2013 11:06pm
Quoting ronald_fsm
{quote} Why do you think that gold will go up instead going down? Do you use technical analysis or fundamental analysis?thanks for your explanation
My technicals are based on ancient Indian Festivals, Lunar cycles & some Astro signals. You might wanna read this thread backwards from here. Maybe just check my posts in this thread with charts, there aren't many.
Hello World!
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