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All Majors and Gold

  • #6,341
  • May 20, 2013 8:30pm May 20, 2013 8:30pm
Quoting elekboy
saw stoch coming down on H1
this selling shuttle will land on 1368 according to H1
  • #6,342
  • May 20, 2013 8:40pm May 20, 2013 8:40pm
http://www.forexfactory.com/showthre...20#post6691320

plz everyone see this post , it looks ,he is true genious .

waiting for ur reply
  • #6,343
  • May 20, 2013 8:52pm May 20, 2013 8:52pm
Quoting razaali
http://www.forexfactory.com/showthre...20#post6691320 plz everyone see this post , it looks ,he is true genious . waiting for ur reply
Fontu is a great guy but if you note carefully he is not making a call, just describing support and resistance levels and his general view on direction.
  • #6,344
  • May 20, 2013 8:53pm May 20, 2013 8:53pm
Quoting razaali
{quote} this selling shuttle will land on 1368 according to H1
The 30min chart shows healthy consoidation after such a strong move up. Uj showing continued weakness. Im seeing more upwards probability than down, so if you are short exercise with caution, the trend is not with you at this point.
Remember, trendlines, like rules, were made to be broken and when they break they can really hurt you.

As alwats, GREEN PIPS to all! Goodnight.
"It is not enough to have a good mind; the main thing is to use it well"
  • #6,345
  • May 20, 2013 8:57pm May 20, 2013 8:57pm
Just did a brief analysis on silver which is looking slightly weaker than gold. I am expecting some divergence to develop and silver to go lower than gold possibly below 20. If that happens, gold will follow behind but a correlating low in gold could be 1350'ish. By the way the gold price is based on silver hence its not really a good indicator as price overlays are never quite accurate. I wouldn't use this information on its own to make a trade but I will keep updating as situation develops.
  • #6,346
  • May 20, 2013 9:12pm May 20, 2013 9:12pm
Quoting QuikFlipp
{quote} The 30min chart shows healthy consoidation after such a strong move up. Uj showing continued weakness. Im seeing more upwards probability than down, so if you are short exercise with caution, the trend is not with you at this point. Remember, trendlines, like rules, were made to be broken and when they break they can really hurt you. As alwats, GREEN PIPS to all! Goodnight.
its not breaking 1392 as well and also look at h1 n h4 chart, but i will be caution ,thanx for advice bro
  • #6,347
  • May 20, 2013 9:49pm May 20, 2013 9:49pm
Quoting QuikFlipp
{quote} The 30min chart shows healthy consoidation after such a strong move up. Uj showing continued weakness. Im seeing more upwards probability than down, so if you are short exercise with caution, the trend is not with you at this point. Remember, trendlines, like rules, were made to be broken and when they break they can really hurt you. As alwats, GREEN PIPS to all! Goodnight.
r u stick on buying or again change ur mind ??????????
  • #6,348
  • May 20, 2013 9:59pm May 20, 2013 9:59pm
for me it's scalping time......looking for 300-500 pips with range 92-83....
90-89 short ......84-85 long.... not bad....
have short at 90
  • #6,349
  • May 20, 2013 11:14pm May 20, 2013 11:14pm
http://www.businessweek.com/articles...-gold-oversold
  • #6,350
  • May 21, 2013 12:15am May 21, 2013 12:15am
Quoting QuikFlipp
{quote} The 30min chart shows healthy consoidation after such a strong move up. Uj showing continued weakness. Im seeing more upwards probability than down, so if you are short exercise with caution, the trend is not with you at this point. Remember, trendlines, like rules, were made to be broken and when they break they can really hurt you. As alwats, GREEN PIPS to all! Goodnight.
thanx alot, i changed my mind and loss 400 pips from selling and earn 600 pips from buying )))))
  • #6,351
  • Edited 1:25am May 21, 2013 12:40am | Edited 1:25am
32 hours ago:
Quoting EricB
{quote} There has been market exhaustion even as we have drifted lower from 1410. Short term it "looks" bearish with slightly more sellers than buyers meaning prices may continue to drift lower. However if buyers step in this can cascade quickly as hedged short positions would have to be unwound. I'll put my neck on the line and say we will not see 1200's and will see 1430 level first.
1400 touched, looks like my new program may have been more right than even me!
  • #6,352
  • May 21, 2013 12:46am May 21, 2013 12:46am
Quoting razaali
{quote} thanx alot, i changed my mind and loss 400 pips from selling and earn 600 pips from buying )))))
Good job ! Hehe my sl hit
  • #6,353
  • May 21, 2013 2:30am May 21, 2013 2:30am
if its above 1400...what do i do short or long?
  • #6,354
  • May 21, 2013 2:35am May 21, 2013 2:35am
1H chart is break below TL..
1D candle is under 50EMA & 20 EMA... Still is bearish trend..
  • #6,355
  • May 21, 2013 2:49am May 21, 2013 2:49am
Quoting k3nshinz3139
1H chart is break below TL.. 1D candle is under 50EMA & 20 EMA... Still is bearish trend..
yeah ....can't break 1400....twice......
  • #6,356
  • May 21, 2013 2:54am May 21, 2013 2:54am
Quoting elekboy
{quote} yeah ....can't break 1400....twice......
Is third times..
Morning 2 times 1399..
Cause my 1 unit hit SL..

I re-enter short 1400.. Now testing again.. Cheer for green pips
  • #6,357
  • May 21, 2013 2:57am May 21, 2013 2:57am
Quoting k3nshinz3139
{quote} Is third times.. Morning 2 times 1399.. Cause my 1 unit hit SL.. I re-enter short 1400.. Now testing again.. Cheer for green pips
SL put 1395.8... Locking profit..
  • #6,358
  • May 21, 2013 3:03am May 21, 2013 3:03am
Quoting k3nshinz3139
{quote} Is third times.. Morning 2 times 1399.. Cause my 1 unit hit SL.. I re-enter short 1400.. Now testing again.. Cheer for green pips
yeah......u're right... it's third times......i hope will breaking low.....1383
  • #6,359
  • May 21, 2013 3:09am May 21, 2013 3:09am
Quoting k3nshinz3139
{quote} SL put 1395.8... Locking profit..
1H chart..

Target 1381.. 1365.. 1353(Not likely for today)...

Gold, silver recoup as Moody`s says US may face downgrade?
Tomorrow we will know what uncle BB tell us
  • #6,360
  • May 21, 2013 3:12am May 21, 2013 3:12am
Unless gold breaks 1480 then we are still in a bear trend.
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