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Only Gold!

  • #2,941
  • Mar 3, 2014 9:46am Mar 3, 2014 9:46am
Quoting tk5
Guys...we are all shocked by today's massacre..I also do have buys on top. But here's what I concluded. Things actually seems go on 'right pace' Look at your Daily chart. Look the XAU/USD indeed is going on right uptrend...Today it tested uptrend support. So..how about breaking next Resistance level of 1360 of October 2013...First it broke 1300...now is 1360's turn. Hope so. My understanding is that there's no big fundamental reason for gold to cheapen crazily..except today those who had buy positions on bottom sold big amounts. Look. {image}
What did I tell you on 26th of February.
its happening now.

heading to 1360.
(also supported by ongoing Ukraine conflict)
always draw trendlines
  • #2,942
  • Mar 3, 2014 9:58am Mar 3, 2014 9:58am
Quoting anton.olff
Could see a spike up as hedge....then short
The current peak is out of very low volumes. To play safe, I just completed hedging of all of my 6 longs. I hope it dips 10 - 20 $s before resuming the Bullish trend.

Fingers crossed, done for the day.
Hello World!
  • #2,943
  • Mar 3, 2014 10:13am Mar 3, 2014 10:13am
Quoting spinozagr
As it is now i take long position only and ONLY IF the price breaks the pink area (somewhere around 1352 at the time)... and below 1345 start thinking of shorting it (with caution due to Ukraine effect)... {image}
Clearly break the pink area

LONG @1352
SL @ 1347
TP … open

Done for today
Happy trading to everyone
The good thing with the future is that it is progressively approaching...
  • #2,944
  • Mar 3, 2014 10:24am Mar 3, 2014 10:24am
Quoting Nitsan_Levi
{quote} thanks you...yes strong R here...8H SMA800 plus fibo 127.2 plus part of the big money long is close ..so..,,,let see what will happent {image}

Resistance now 8h sma800 plus fibo 127.2 plus tredline but Be careful dont take big short ...PRICE IN THE WAY TO 1390 SMA 300 DAILY CHART
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  • #2,945
  • Mar 3, 2014 10:39am Mar 3, 2014 10:39am
Quoting Nitsan_Levi
{quote} Resistance now 8h sma800 plus fibo 127.2 plus tredline but Be careful dont take big short ...PRICE IN THE WAY TO 1390 SMA 300 DAILY CHART {image}
Hello Levi
R U sure about going to 1390 ? as i see going to 1361 is the perfect end for all These Up Moves .
Waiting for your reply

Regards
  • #2,946
  • Mar 3, 2014 10:46am Mar 3, 2014 10:46am
Just opened two naked shorts (w/o longs below) @ 1352 with SL @ 1370

Usually bullishness like this would not allow me to gather courage to open naked shorts, BUT, every bit, almost every bit on my charts is screaming Go Short. Gone against the Bullish trend, too risky, hope good.
Hello World!
  • #2,947
  • Mar 3, 2014 10:50am Mar 3, 2014 10:50am
Quoting ClockTrader
Just opened two naked shorts (w/o longs below) @ 1352 with SL @ 1370 Usually bullishness like this would not allow me to gather courage to open naked shorts, BUT, every bit, almost every bit on my charts is screaming Go Short. Gone against the Bullish trend, too risky, hope good.
CT may I ask, where do you put your TP on those 2 naked short?
I also take 2 shorts, @1352 and @1353, both of them I set the TP @1335
  • #2,948
  • Mar 3, 2014 10:58am Mar 3, 2014 10:58am
Quoting masbro134
{quote} CT may I ask, where do you put your TP on those 2 naked short? I also take 2 shorts, @1352 and @1353, both of them I set the TP @1335
IMHO, the Key Support is 1342-1343. before we have lower TP, etc 1335, PA should break it. Good luck
  • #2,949
  • Mar 3, 2014 10:59am Mar 3, 2014 10:59am
Quoting masbro134
{quote} CT may I ask, where do you put your TP on those 2 naked short? I also take 2 shorts, @1352 and @1353, both of them I set the TP @1335
Tentatively it'll be around this Friday OR when I see a high volume spike towards South & then a bounce. Secondly, tomorrow's London morning will throw light on the course, if it says go long, I'll review my positions.

EP dude, where u been?

PS: Catcha all tomorrow.
Hello World!
  • #2,950
  • Mar 3, 2014 11:00am Mar 3, 2014 11:00am
according to Stochastic RSI gold is over bought in weekly chart......and RSI is over bought in Daily chart....... so guys its time to short till 1321....
  • #2,951
  • Mar 3, 2014 11:38am Mar 3, 2014 11:38am
Quoting ClockTrader
EP dude, where u been?
I'm here dude. Been out all day. Set my longs this morning before heading out and got back to see 1350 TP hit

Shorts now positioning on my charts. Ranging from 1355, 1354, 1353 and will keep loading on pullbacks north.

If 1360 was to be hit, it would of been today in this move IMO. Its now exhausted me thinks. Will see what PA does over the next couple of days.

Looking forward to Friday where I intend to safeguard my positions and trade the NFP solely on its own with pending orders. Looking to cash in this month, need the £!

Anyway, im targeting the SR zones as well as the 23.6 - 61.8 fib on the recent move up.

I haven't slept since Saturday night so see y'all tomorrow.
To live a successful life, we must lose our fear of being wrong
  • #2,952
  • Mar 3, 2014 11:51am Mar 3, 2014 11:51am
Father & Son
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To live a successful life, we must lose our fear of being wrong
  • #2,953
  • Mar 3, 2014 12:03pm Mar 3, 2014 12:03pm
Hello EatPIPs !!!

Do you see Retracement Level to $1320 ????

Please Reply Must
  • #2,954
  • Mar 3, 2014 12:37pm Mar 3, 2014 12:37pm
People tell me please we will go down or not? Can you write here ur think?
Thanks



P.S.
Nitsan you good man. Go it more.
金銭欲
  • #2,955
  • Mar 3, 2014 12:57pm Mar 3, 2014 12:57pm
Quoting Nitsan_Levi
{quote} Resistance now 8h sma800 plus fibo 127.2 plus tredline but Be careful dont take big short ...PRICE IN THE WAY TO 1390 SMA 300 DAILY CHART {image}
price fall from there...


Quoting Kapo
{quote} Hello Levi R U sure about going to 1390 ? as i see going to 1361 is the perfect end for all These Up Moves . Waiting for your reply Regards
yes i am sure as mutch as a trader can be sure
price will get to 1390
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  • #2,956
  • Mar 3, 2014 1:13pm Mar 3, 2014 1:13pm
Quoting Nitsan_Levi
{quote} price fall from there... {quote} yes i am sure as mutch as a trader can be sure price will get to 1390 {image}
Nice to see you sure about that
I will reload an other Long @ 1345 TP @ 1361 SL @ 1335
  • #2,957
  • Mar 3, 2014 1:17pm Mar 3, 2014 1:17pm
Last Down Chanel
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Ro IMRAN Ro
  • #2,958
  • Mar 3, 2014 1:51pm Mar 3, 2014 1:51pm
Quoting Kapo
{quote} Nice to see you sure about that I will reload an other Long @ 1345 TP @ 1361 SL @ 1335
i dont see a nice entery now for a new long... i am just wait for my old long get out in take profit in 1390.
  • #2,959
  • Edited 6:39pm Mar 3, 2014 6:05pm | Edited 6:39pm
if it is not fail (M30)
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1345-1347 Pivot Point (H4). Hight-Low сhance to break
Attached Image
金銭欲
  • #2,960
  • Mar 3, 2014 9:43pm Mar 3, 2014 9:43pm
Quoting ClockTrader
Just opened two naked shorts (w/o longs below) @ 1352 with SL @ 1370 Usually bullishness like this would not allow me to gather courage to open naked shorts, BUT, every bit, almost every bit on my charts is screaming Go Short. Gone against the Bullish trend, too risky, hope good.
I would stick to my shorts, maybe add more during London session if clock supports. Secondly, if price touches 1258-60 today, I would be convinced its not going down, not today at least.

Price going sideways on daily chart looks like another possibility today.
Hello World!
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