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  • #3,441
  • Mar 13, 2014 5:03am Mar 13, 2014 5:03am
Quoting ClockTrader
{quote} A good trader should be able to foresee trends like this in advance. Once a trend gets exposed, its chances of carrying on begin to get slimmer demanding a dip / correction. I am going to be very cautious with my cravings for going long from next week. Secondly, a nice top may be reached by NY morning, but, I can't see a vertical shoot during US session. PA ahead would correct me if I'm wrong. Whether any one of you is long or short, I suggest trade safe, trade light, if you have capital, there would always be another day here, otherwise...

Whats special about next week?
90% of people, are wrong about 90% of everything, 90% of the time...
  • #3,442
  • Mar 13, 2014 5:16am Mar 13, 2014 5:16am
Quoting Nitsan_Levi
HI for short I want to see a pattern in small time frame..i dont see one for now. for long I see now a pennet and simple moving average say LONG I attach a pic with the most safe long i see now.. you always can put your stop under sma 200 in 1290 ..i bring you safe stop under sma 32 take profit on sma 300 ..(price 1390) I still have 10% of my short postion from daily ab=cd ..stop on zero. GL HF {image}

As I say alot of time here price come to sma300 ... next move is down...take short

GOLD tody shold come to sma 300 and then I will enter a SHORT

I will look at small time frame for more quick short also
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  • #3,443
  • Mar 13, 2014 5:23am Mar 13, 2014 5:23am
Quoting EatPIPs
{quote} You got a long way for 1270 dude?!
looking at the chart, I think he meant 1370
If you do not know who you are, the Forex is the worst place to find you
  • #3,444
  • Mar 13, 2014 5:25am Mar 13, 2014 5:25am
Quoting Nitsan_Levi
{quote} GOLD tody shold come to sma 300 and then I will enter a SHORT {image}
today to 1425 approximately?

Very interesting....
The good thing with the future is that it is progressively approaching...
  • #3,445
  • Mar 13, 2014 5:33am Mar 13, 2014 5:33am
Quoting spinozagr
{quote} today to 1425 approximately? Very interesting....
No, look again, around 1380
  • #3,446
  • Mar 13, 2014 5:42am Mar 13, 2014 5:42am
Quoting lappies
{quote} No, look again, around 1380
Thanks Lappies...

something cannot understand...

Nitsan said " Gold today should come to sma 300 and then i will enter a short..."

Now i see the chart better, and i see what you said to me...

Am i missing somthing? sorry i am confused (my daily chart shows the sma300 around 1420)
The good thing with the future is that it is progressively approaching...
  • #3,447
  • Mar 13, 2014 5:44am Mar 13, 2014 5:44am
Quoting spinozagr
{quote} Thanks Lappies... something cannot understand... Nitsan said " Gold today should come to sma 300 and then i will enter a short..." Now i see the chart better, and i see what you said to me... Am i missing somthing? sorry i am confused
spinozagr, the sma300 is @ 1380 about.
Look better!
If you do not know who you are, the Forex is the worst place to find you
  • #3,448
  • Mar 13, 2014 5:44am Mar 13, 2014 5:44am
Quoting theDHT
{quote} Whats special about next week?
Been day trading and closing positions that are green, so far pretty good.

Now testing shorts with SL @ 1382
Hello World!
  • #3,449
  • Mar 13, 2014 5:46am Mar 13, 2014 5:46am
Quoting spinozagr
{quote} Thanks Lappies... something cannot understand... Nitsan said " Gold today should come to sma 300 and then i will enter a short..." Now i see the chart better, and i see what you said to me... Am i missing somthing? sorry i am confused
Well the daily 300sma is around 1380, I also have a strong monthly resistance at 1381.91, so there is a high probability for a reversal in this area. At the moment I cant see any other area before that witch can turn price.
  • #3,450
  • Mar 13, 2014 5:48am Mar 13, 2014 5:48am
I personally don't base any of my trades on MAs (personal choice - not saying it's right or wrong, it's just not part of my trading method) therefore if/when 1380 does get hit, I don't see an initial retracement there.

1375 is now a key level to break above. 1367 is another level to look at for a pullback to the downside to around 1354.

Once 1375 is taken, of course it will not be a straight forward run up, however then 1400 is the next real resistant level id be looking for.

The next major PA resistance level after 1400 is 1431.
To live a successful life, we must lose our fear of being wrong
  • #3,451
  • Mar 13, 2014 5:49am Mar 13, 2014 5:49am
Quoting spinozagr
{quote} Thanks Lappies... something cannot understand... Nitsan said " Gold today should come to sma 300 and then i will enter a short..." Now i see the chart better, and i see what you said to me... Am i missing somthing? sorry i am confused (my daily chart shows the sma300 around 1420)
My daily 300sma is also around 1380, maybe you don't have enough history? (Make sure it is a simple MA applied to close)
  • #3,452
  • Mar 13, 2014 5:50am Mar 13, 2014 5:50am
Quoting skassacomput
{quote} spinozagr, the sma300 is @ 1380 about. Look better!
ok need to stop drinking...hik... thanks mate
The good thing with the future is that it is progressively approaching...
  • #3,453
  • Mar 13, 2014 6:05am Mar 13, 2014 6:05am
Quoting ClockTrader
{quote} Been day trading and closing positions that are green, so far pretty good. Now testing shorts with SL @ 1382

you said:

"I am going to be very cautious with my cravings for going long from next week"

I'm wondering what you meant by that, whats special about next week?
90% of people, are wrong about 90% of everything, 90% of the time...
  • #3,454
  • Mar 13, 2014 6:25am Mar 13, 2014 6:25am
Quoting theDHT
{quote} you said: "I am going to be very cautious with my cravings for going long from next week" I'm wondering what you meant by that, whats special about next week?
FOMC next week 19/3.

Back test 1368. Let see, could we see the pull back in NY session.
  • #3,455
  • Mar 13, 2014 6:29am Mar 13, 2014 6:29am
Quoting namaus
{quote} FOMC next week 19/3. Back test 1368. Let see, could we see the pull back in NY session.

that is true, and Im aware of the fundi risks, just wondering if there was a less obvious reason to be cautious on long positions

according to my timing work, there is a weekly topping date on the 23rd of march, and starting next week, we will be within a week of that date

just wondering if anyone else uses timing techniques
90% of people, are wrong about 90% of everything, 90% of the time...
  • #3,456
  • Mar 13, 2014 6:35am Mar 13, 2014 6:35am
Quoting theDHT
{quote} you said: "I am going to be very cautious with my cravings for going long from next week" I'm wondering what you meant by that, whats special about next week?
I did observe that and passed it, since you insist and IF you've been observing me, I am not a big fan of shorts right before Full Moon.

Most of the news analysis people do is like alien stuff for me. Try to stay low. I love news /info though.
Hello World!
  • #3,457
  • Mar 13, 2014 6:37am Mar 13, 2014 6:37am
CMP nice opportunity to add to longs with tight SL. Nice pullback as expected (if it continues to now rise).
To live a successful life, we must lose our fear of being wrong
  • #3,458
  • Mar 13, 2014 6:38am Mar 13, 2014 6:38am
The big guys will probably need to take out the asian low to get liquidaty for a strong upmove to 1380+, so news time can be spikey up and down.
  • #3,459
  • Mar 13, 2014 6:41am Mar 13, 2014 6:41am
Quoting lappies
The big guys will probably need to take out the asian low to get liquidaty for a strong upmove to 1380+, so news time can be spikey up and down.
If 1360 is hit, i'd be looking at 1354 next.

Right now 1367 has held. See what PA does from here.

EU hunting for 1.4 also.
To live a successful life, we must lose our fear of being wrong
  • #3,460
  • Mar 13, 2014 6:41am Mar 13, 2014 6:41am
if u r not trading for day trade or short time period dont ty shorts i would suggest, 50 100 mas are ready to cross 200 ma for golden cross this can lead us for a long trend up for several months, just a suggestion.
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