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Only Gold!

  • #3,061
  • Mar 5, 2014 8:54pm Mar 5, 2014 8:54pm
Quoting ozboy
Bull & Bear are both take a break on large battlefield however, there could be a small attack soon {image} {image}
For people who like indicators, please try Sonic R System, its worth researching & trying. OZboy uses it & he is indeed a great contributor to this thread.

OZBoy can you please share the Download links etc?
Hello World!
  • #3,062
  • Mar 5, 2014 9:07pm Mar 5, 2014 9:07pm
Quoting vaidas7777
looks for today gold will stay below 1340.
I'm still awaiting a small dip which should possibly yield a buy signal.

Quoting zhiyong.jia
Consult the transaction master some problems 1：How do I judge trading direction using the average system？eg:1min or 5min.I like super short-term trading 2：How to judge the stop loss？Looking forward to your answer thanks first zhiyong.jia come from chinese.

Firstly, this is a community and we are all equal here, I am not your master. Secondly, Daily Clock Band is not meant for 1min or 5 min.
Hello World!
  • #3,063
  • Mar 5, 2014 10:08pm Mar 5, 2014 10:08pm
if gold want to move south then it have to attack the 1347 level first, before go lower to the 1270 which represent the insufficient divergence demand level

the 1370 represent the insufficient supply level ....

good luck

PS: am in long positions on gold right now to target the 1347 level
  • #3,064
  • Mar 5, 2014 10:46pm Mar 5, 2014 10:46pm
Quoting ClockTrader
While I'm open to any direction, but, I'll try to think in a creative manner. A small spike in the South and thereafter a nice bounce would be much appreciated. I really don't mind if it goes in either direction, I am pretty set.
I will try if this works today. Maybe a dip yields Buy opp.. during London Session.

Check the att SS, this is how I observe charts.
Attached Image
Hello World!
  • #3,065
  • Mar 5, 2014 11:00pm Mar 5, 2014 11:00pm
Quoting ClockTrader
{quote} For people who like indicators, please try Sonic R System, its worth researching & trying. OZboy uses it & he is indeed a great contributor to this thread. OZBoy can you please share the Download links etc?
All the resource are available here : http://www.forexfactory.com/showthread.php?t=114792

And you may be interested in this video (it's post 6yrs ago, so we need to work out a bit)
Inserted Video
  • #3,066
  • Mar 5, 2014 11:52pm Mar 5, 2014 11:52pm
I am out, waiting for the party tonight
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 180 KB
  • #3,067
  • Mar 6, 2014 12:05am Mar 6, 2014 12:05am
Quoting ozboy
{quote} All the resource are available here : http://www.forexfactory.com/showthread.php?t=114792 And you may be interested in this video (it's post 6yrs ago, so we need to work out a bit) http://www.youtube.com/watch?v=NCcmCwOY97M
Thanks bro!
Hello World!
  • #3,068
  • Mar 6, 2014 12:07am Mar 6, 2014 12:07am
Quoting ClockTrader
{quote} I will try if this works today. Maybe a dip yields Buy opp.. during London Session. Check the att SS, this is how I observe charts. {image}

--> Maybe a dip yields Buy opp.. during London Session

I'll wait a bit more.
Hello World!
  • #3,069
  • Mar 6, 2014 12:44am Mar 6, 2014 12:44am
Here comes "Daily Clock Band" (DCB) for today. I'm testing a long, might add more using DCB parameters.

You can visit below link to learn how it works, the chart is self explanatory:


http://www.goldguru.in/blog/gold-ana...or-gold-forex/
Attached Image
Hello World!
  • #3,070
  • Mar 6, 2014 1:42am Mar 6, 2014 1:42am
we touched yesterdays low, i try a small long from here.
  • #3,071
  • Mar 6, 2014 1:52am Mar 6, 2014 1:52am
London boys are doing their stuff this time and its very welcome. I would need to see a sustained break of 1334/35 to keep my shorts going, otherwise I'll TP asap.
  • #3,072
  • Mar 6, 2014 2:11am Mar 6, 2014 2:11am
Strong support... with Fibo and 76,4 Retrace at the same price (1327)
Attached Image (click to enlarge)
Click to Enlarge Name: Mqn2DDN.png Size: 114 KB
The good thing with the future is that it is progressively approaching...
  • #3,073
  • Mar 6, 2014 2:18am Mar 6, 2014 2:18am
Quoting spinozagr
Strong support... with Fibo and 76,4 Retrace at the same price (1327) {image}
Nice chart. It is not challenged at 1327 yet. I hope we can see the bears attack this level at US sesson today or tomorrow.
  • #3,074
  • Mar 6, 2014 2:37am Mar 6, 2014 2:37am
Quoting spinozagr
Strong support... with Fibo and 76,4 Retrace at the same price (1327) {image}
it's the minimum value of the week.
If you do not know who you are, the Forex is the worst place to find you
  • #3,075
  • Mar 6, 2014 3:06am Mar 6, 2014 3:06am
Quoting ClockTrader
Here comes "Daily Clock Band" (DCB) for today. I'm testing a long, might add more using DCB parameters. You can visit below link to learn how it works, the chart is self explanatory: http://www.goldguru.in/blog/gold-ana...or-gold-forex/ {image}
If 1328 can sustain until 12 pm NY (EST), it'll work great for me. Testing naked longs.
Hello World!
  • #3,076
  • Mar 6, 2014 3:17am Mar 6, 2014 3:17am
HI ALL

UPDATE

Gold look very nice now to long!
8h sma 32 up the price and i enter
8h sam64 - stop (price 1310)
take profit 1 on new high +trendline (price 1360)
take profit 2 on sma300 daily chart (price 1385)
Attached Image (click to enlarge)
Click to Enlarge Name: 2014___180.jpg Size: 120 KB
  • #3,077
  • Mar 6, 2014 3:26am Mar 6, 2014 3:26am
I wouldn't be surprised if PA tries for 1337/42 again, just seems like the PA needs something to do until NFP tomorrow.
  • #3,078
  • Mar 6, 2014 3:27am Mar 6, 2014 3:27am
GOLD
Gold in the spot market struck a high of 1341.60 and a low of 1332.55 yesterday as Gold traded below the highest level in more than four months as investors weighed the crisis in Ukraine against the outlook for the US economy and slower physical purchases in China, the world’s largest consumer. Holdings in the SPDR Gold Trust, the biggest exchange traded product backed by bullion, were unchanged yesterday for a sixth day, the longest stretch assets have held steady in 13 months. DAILY TECHNICAL RESISTANCES AND SUPPORTS

CURRENT PRICE: 1332.95
RESISTANCES: 1338.20 1341.10 1345.70
SUPPORTS: 1326.90 1319.50 1316.80
  • #3,079
  • Mar 6, 2014 3:31am Mar 6, 2014 3:31am
Quoting Nitsan_Levi
HI ALL UPDATE Gold look very nice now to long! 8h sma 32 up the price and i enter 8h sam64 - stop (price 1310) take profit 1 on new high +trendline (price 1360) take profit 2 on sma300 daily chart (price 1385) {image}
👍
I agree
  • #3,080
  • Mar 6, 2014 4:08am Mar 6, 2014 4:08am
Quoting ClockTrader
{quote} If 1328 can sustain until 12 pm NY (EST), it'll work great for me. Testing naked longs.
My math points to 1327.20 (already mentioned by others) as the nearest downside target to launch any rally from.

This is also lower TL support on the H8 chart - I would expect a touch on this level at least before going north.

I see it touching 1327 by 5pm GMT (c.12pm NY EST) if we're going by my own skewed interpretation of the clock strategy, but who really knows, this is all 'calculated' speculation.

This is my guess and first ever attempt to combine clock and price action, and I'm not afraid of getting it wrong, so take it with a pinch of salt.
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