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  • #2,581
  • Feb 25, 2014 12:25am Feb 25, 2014 12:25am
We have used the top of Area #1 as support now overnight and heading north again. I took this opportunity to buy more. A break into 1340 today would be ideal. Double top would make this weak again for the short term.

1360 is still on the table.
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To live a successful life, we must lose our fear of being wrong
  • #2,582
  • Feb 25, 2014 12:30am Feb 25, 2014 12:30am
Quoting ClockTrader
{quote} Firstly, lets see how London morning treats Gold PA, thereafter we can firmly expect some southward journey. 1338 should survive until later London Morning, no new high. If a new high is not created by late London morning & descend looks coming, a fall of about $15 from the top would suffice my Calc. PS: I expect a bounce too from the lows of today.
Good for me gonna go with it. Thnx CT. n don worry i wont think any less of u if it goes otherwise
  • #2,583
  • Feb 25, 2014 12:36am Feb 25, 2014 12:36am
Quoting Closure
{quote} Good for me gonna go with it. Thnx CT. n don worry i wont think any less of u if it goes otherwise
Chill dude, we are a community here. Lose & Win all the time.
Hello World!
  • #2,584
  • Feb 25, 2014 12:39am Feb 25, 2014 12:39am
Quoting ClockTrader
{quote} Chill dude, we are a community here. Lose & Win all the time.
  • #2,585
  • Feb 25, 2014 12:43am Feb 25, 2014 12:43am
Just my PERSONAL advice to anyone trading this pair LONG now

For me, 1360 is my first real ideal target HOWEVER now all that is left is short term buying opportunities for anyone wishing to go long. At the same time the RR has gone up due to current MP and PA. Be wise with your risk management especially at these prices. Basically, cover your ass before you allow it to explode on yourself as we could possibly be getting closer to the top now.
To live a successful life, we must lose our fear of being wrong
  • #2,586
  • Feb 25, 2014 2:25am Feb 25, 2014 2:25am
This doesn't look good, just closed all the 3 longs from yesterday and 5-6 shorts

Au @ 1337
Hello World!
  • #2,587
  • Feb 25, 2014 2:26am Feb 25, 2014 2:26am
Quoting ClockTrader
This doesn't look good, just closed all the 3 longs from yesterday and 5-6 shorts Au @ 1337
Doesn't look good in what respect?
To live a successful life, we must lose our fear of being wrong
  • #2,588
  • Feb 25, 2014 2:28am Feb 25, 2014 2:28am
Seem like quite hard for gold to drop! @
  • #2,589
  • Feb 25, 2014 2:28am Feb 25, 2014 2:28am
Quoting EatPIPs
{quote} Doesn't look good in what respect?
Doesn't look good for so many shorts, don't wish to take un-necessary risk. I might try naked shorts later today/tomorrow. I'll await for an opportunity, hope it peaks out soon.
Hello World!
  • #2,590
  • Feb 25, 2014 2:30am Feb 25, 2014 2:30am
Quoting ClockTrader
{quote} Doesn't look good for so many shorts, don't wish to take un-necessary risk. I might try naked shorts later today/tomorrow. I'll await for an opportunity, hope it peaks out soon.
Ah right, yes for short traders I understand.
To live a successful life, we must lose our fear of being wrong
  • #2,591
  • Feb 25, 2014 2:38am Feb 25, 2014 2:38am
Quoting EatPIPs
{quote} Ah right, yes for short traders I understand.
If it peaks out around 1345, I'll regard the day as somewhat sideways. On the other hand if it goes below 1325, I would say Bulls are away for a vacation.
Hello World!
  • #2,592
  • Feb 25, 2014 2:38am Feb 25, 2014 2:38am
Quoting EatPIPs
Just my PERSONAL advice to anyone trading this pair LONG now For me, 1360 is my first real ideal target HOWEVER now all that is left is short term buying opportunities for anyone wishing to go long. At the same time the RR has gone up due to current MP and PA. Be wise with your risk management especially at these prices. Basically, cover your ass before you allow it to explode on yourself as we could possibly be getting closer to the top now.
Maybe the target for today session is 134x. Bulls are using doping.
  • #2,593
  • Feb 25, 2014 2:42am Feb 25, 2014 2:42am
Quote
If it peaks out around 1345, I'll regard the day as somewhat sideways. On the other hand if it goes below 1325, I would say Bulls are away for a vacation.

Quote
Maybe the target for today session is 134x. Bulls are using doping.

IMO 1331 is the price now to break and close for bulls to go on vacation for a "while".

If yesterdays high gets taken out then 1340+ is definitely on the books short term. News later which will affect PA.
To live a successful life, we must lose our fear of being wrong
  • #2,594
  • Feb 25, 2014 2:45am Feb 25, 2014 2:45am
Quoting ClockTrader
{quote} Doesn't look good for so many shorts, don't wish to take un-necessary risk. I might try naked shorts later today/tomorrow. I'll await for an opportunity, hope it peaks out soon.

I love scalping clock-waves, few $s x weight here & there, but hate posting all that for obvious reasons.

PS: Either we have peaked out already OR we should within a day, my broad level view for now.
Hello World!
  • #2,595
  • Feb 25, 2014 2:53am Feb 25, 2014 2:53am
Quoting EatPIPs
{quote} {quote} IMO 1331 is the price now to break and close for bulls to go on vacation for a "while". If yesterdays high gets taken out then 1340+ is definitely on the books short term. News later which will affect PA.
No matter how crazy & fierce Bulls have been lately, I don't see them crossing the 124x range today. I did some back testing, no way do my calculations support the price climbing above 1250 in the current rally.

This has to peak out, even if its 25 - 50 $ dip from the peak. A larger fall would be great though. Awaiting a spike today, hope that comes during US session.
Hello World!
  • #2,596
  • Feb 25, 2014 2:58am Feb 25, 2014 2:58am
Quoting ClockTrader
{quote} No matter how crazy & fierce Bulls have been lately, I don't see them crossing the 124x range today. I did some back testing, no way do my calculations support the price climbing above 1250 in the current rally. This has to peak out, even if its 25 - 50 $ dip from the peak. A larger fall would be great though. Awaiting a spike today, hope that comes during US session.
Lets see what PA says by end of NY
To live a successful life, we must lose our fear of being wrong
  • #2,597
  • Feb 25, 2014 3:00am Feb 25, 2014 3:00am
Quoting ClockTrader
{quote} No matter how crazy & fierce Bulls have been lately, I don't see them crossing the 124x range today. I did some back testing, no way do my calculations support the price climbing above 1250 in the current rally. This has to peak out, even if its 25 - 50 $ dip from the peak. A larger fall would be great though. Awaiting a spike today, hope that comes during US session.
You may right sir. Gold is too hot for the short time period. For the first two month, it rose from 118x to nearly 1340, gain up to 12%, comparing with the loss of previous year 28%. So it is logical to wait for a big down leg to 128x after reach to 136x-137x, IMO.
  • #2,598
  • Feb 25, 2014 3:34am Feb 25, 2014 3:34am
Quoting Nitsan_Levi
no..I am out for now..(GOLD) I BUY AUD but this for else Thread {image}
HI i see some connection some link between the AUD and the GOLD... they both in the way to high sma (aud for 200 gold for 300) daily chart

and i see some support and resistance very similar.


AUD MAKE BIG BLUE yestrady...and seem go to sma 200... aud now if someone want buy again he can..i am not buy more..

the gold seems go to sma 300 still if someone want he can buy ..the stop under sma 200...i am not buy more...
IT THINK THEY WILL GET TO THEAR TARGET AT THE SAME TIME +- (AUD and GOLD)

i have left alot of 20 and 10 % from all long postion i take in them...and some stop on zero...so i hope they get there

TODAY GOLD MAYBE GO TO 1360

GL HF
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  • #2,599
  • Feb 25, 2014 4:47am Feb 25, 2014 4:47am
More buy from 5min chart

Triangle +AB=CD +SMA400+ PIVOT POINT

TAKE PROFIT 1 CAN BE IN 1340 OR 1350
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  • #2,600
  • Feb 25, 2014 4:51am Feb 25, 2014 4:51am
Quoting Nitsan_Levi
More buy from 5min chart Triangle +AB=CD +SMA400+ PIVOT POINT TAKE PROFIT 1 CAN BE IN 1340 OR 1350 {image}
Yeah i've just had more buy orders triggered also.
To live a successful life, we must lose our fear of being wrong
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