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Only Gold!

  • #581
  • Jul 12, 2013 12:59pm Jul 12, 2013 12:59pm
Tightened the SLs of last three longs around 1261 & 1271, bulls have apparently run out of steam.
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  • #582
  • Jul 12, 2013 3:04pm Jul 12, 2013 3:04pm
Fired 4 shots to lock 4 longs, left with net 6 longs, would lock all longs before closing tonight. Monday looks very slippery & volatile.
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  • #583
  • Jul 12, 2013 3:17pm Jul 12, 2013 3:17pm
Bought smallest lot of gold. SL at 100 pips. Planning to let it run through weeks. I believe this may be the beginning of an uptrend for a long time. May be just an Indian instinct
  • #584
  • Jul 12, 2013 3:19pm Jul 12, 2013 3:19pm
still ha space for up to gold to fall back friend
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  • #585
  • Jul 12, 2013 3:23pm Jul 12, 2013 3:23pm
Quoting takytto
still ha space for up to gold to fall back friend {image}
I see that. The trend has to reverse at any cost. It's just my opinion. I'm leaving the order open just depending on my MM and not on any technical or fundamental basis. I trade a very small portion of my account. So am just giving it a trial and error method...
  • #586
  • Jul 12, 2013 3:28pm Jul 12, 2013 3:28pm
Whatever be it. I just feel next week would be bullish on a whole for gold.
  • #587
  • Jul 12, 2013 3:51pm Jul 12, 2013 3:51pm
Quoting Bhoopalan
{quote} I see that. The trend has to reverse at any cost. It's just my opinion. I'm leaving the order open just depending on my MM and not on any technical or fundamental basis. I trade a very small portion of my account. So am just giving it a trial and error method...
Takytto has been very accurate many times earlier & I second his thought of fall ahead. I could not understand his news analysis though :-)

I just fired all the shots I could against all the longs I had, NET POSITION: ZERO, will fire some free shots now, time to wear shorts.
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  • #588
  • Jul 12, 2013 3:59pm Jul 12, 2013 3:59pm
Quoting ClockTrader
{quote} If this wants to fall now like that Apple, I think I would not take any action, but, only watch.
Let's see how it moves next week. Have a nice weekend. RS
  • #589
  • Jul 12, 2013 4:04pm Jul 12, 2013 4:04pm
NET TWO SHOTS @ 1285, SL @ 1324, hope I can add more shorts next week, hope to see bears taking over the game latest by Tue.

( 12 longs locked against 12 shots ) Happy weekend to all of you!


edit: hope I can add more shorts next week
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  • #590
  • Edited 5:11pm Jul 12, 2013 5:00pm | Edited 5:11pm
Quoting ClockTrader
NET TWO SHOTS @ 1285, SL @ 1324, hope I can add more shorts next week, hope to see bears taking over the game latest by Tue. ( 12 longs locked against 12 shots ) Happy weekend to all of you! edit: hope I can add more shorts next week
if I were you. stop loss in 1420 to stay rested and hard but safe.


same thought nimo
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  • #591
  • Jul 15, 2013 1:45am Jul 15, 2013 1:45am
Fired two shots at ~1386 SL @ 1321

NET 4 shots
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  • #592
  • Jul 15, 2013 2:38am Jul 15, 2013 2:38am
Quoting ClockTrader
Fired two shots at ~1386 SL @ 1321 NET 4 shots
Closed last 4 shots with a tiny loss. (few $s)
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  • #593
  • Jul 15, 2013 2:42am Jul 15, 2013 2:42am
NET position: NULL
I might not be able to post what I'm doing until Fri. Its too distracting right now.

Happy trading to you all!
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  • #594
  • Jul 15, 2013 4:57am Jul 15, 2013 4:57am
Hello everyone,

I just set up a SELL pending order for gold at 1285.00 as I see a double top pattern building on 4h chart. U can see my short analysis and my chart here: http://www.forex-galaxy.com/2013/07/...old-bears.html
I target 1236.65 with this trade.
If you have any comments I would be more than happy to read them.
Buy when everyone else is selling and sell when everyone else is buying !
  • #595
  • Jul 15, 2013 5:07am Jul 15, 2013 5:07am
Quoting Bhoopalan
{quote} I see that. The trend has to reverse at any cost. It's just my opinion. I'm leaving the order open just depending on my MM and not on any technical or fundamental basis. I trade a very small portion of my account. So am just giving it a trial and error method...
Thanks!
By Causing Suffering, We Suffer!
  • #596
  • Jul 15, 2013 5:13am Jul 15, 2013 5:13am
i think gold is at sell position now... and it might go again at 1250 range... wht u guyz says???
  • #597
  • Jul 15, 2013 7:21am Jul 15, 2013 7:21am
Quoting arenoosh
Hello everyone, I just set up a SELL pending order for gold at 1285.00 as I see a double top pattern building on 4h chart. U can see my short analysis and my chart here: http://www.forex-galaxy.com/2013/07/...old-bears.html I target 1236.65 with this trade. If you have any comments I would be more than happy to read them.
So, did it get triggered? Gold right now at: 1277
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  • #598
  • Edited 9:20am Jul 15, 2013 8:53am | Edited 9:20am
Quoting arenoosh
Hello everyone, I just set up a SELL pending order for gold at 1285.00 as I see a double top pattern building on 4h chart. U can see my short analysis and my chart here: http://www.forex-galaxy.com/2013/07/...old-bears.html I target 1236.65 with this trade. If you have any comments I would be more than happy to read them.
It just got, not sure where you disappear each time after you post your website link here.

edit -- Quote
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  • #599
  • Jul 15, 2013 11:15am Jul 15, 2013 11:15am
looks like inflation is under control so no need to worry about rate rise so gold should fly and break 1300?
  • #600
  • Jul 15, 2013 11:32am Jul 15, 2013 11:32am
Quoting goldfinger
looks like inflation is under control so no need to worry about rate rise so gold should fly and break 1300?
I doubt.
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