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Only Gold!

  • #3,881
  • Mar 17, 2014 2:39pm Mar 17, 2014 2:39pm
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To live a successful life, we must lose our fear of being wrong
  • #3,882
  • Mar 17, 2014 2:41pm Mar 17, 2014 2:41pm
for a long time havent see this much volatility
  • #3,883
  • Mar 17, 2014 3:01pm Mar 17, 2014 3:01pm
Quoting letscry
for a long time havent see this much volatility
Daily sma300 +Weekly sma64 = big volatility
  • #3,884
  • Mar 17, 2014 3:19pm Mar 17, 2014 3:19pm
I just want to say to those who laughed at me that I took short
..........................................................................................................


GL HF ALL
  • #3,885
  • Mar 17, 2014 3:26pm Mar 17, 2014 3:26pm
hahahahah NL great call, I am curious how did you know the retracement to 1355, I am a newbie been doing and studying forex for 3 years still long way to go.
  • #3,886
  • Mar 17, 2014 3:28pm Mar 17, 2014 3:28pm
I have been longing from 1378...slowly build up the position to my target lot size till 1365. Price is hitting 38.2% fib retracement and also Kijun Sen line in Ichimoku. Should go up from here.

One more big lot size at 1354 with SL at 1340
  • #3,887
  • Mar 17, 2014 3:37pm Mar 17, 2014 3:37pm
Quoting Lohi
hahahahah NL great call, I am curious how did you know the retracement to 1355, I am a newbie been doing and studying forex for 3 years still long way to go.
1352-1355 was previous resistance area...also coincides with 61.8 fib retracement. Besides, Ichimoku cloud acts as a support at that area.
I am a newbie too, it is nice to see many other trading style here. 1.5 years into trading, much to learn from people like Nitsan_Levi...impressive trader
  • #3,888
  • Mar 17, 2014 3:46pm Mar 17, 2014 3:46pm
Thank you for all answers regarding daily SMA300 XAU/USD on 03/12/2014 is 1.330.
So far I have found out following:
-I have ploted is SMA on charts not EMA on MT4 (so this is ok)
-history is more then 1000bars on MT4 (also ok)
-it seems that all MT4 terminals use history data from MEtaQuotes
-I have check chart from DailyFX, they use data from FXCM, XAU/USD daily SMA300 on 03/12/2014: it is 1.380

So it seems, that SMA on MT4 platform and DailyFx Java platform is different (diff. is about 50 pips - 4%)
Do not know which SMA is accurate.
regards to all!
lapras
  • #3,889
  • Mar 17, 2014 3:46pm Mar 17, 2014 3:46pm
Totally agree I am learning so much for everyone here its amazing, I hope one day I can contribute and help other makes some $$$. Thanks Polaris4dy for the info will look at the historic data and Nisan_Levi thank you. Its amazing to see your calls are so accurate.
  • #3,890
  • Mar 17, 2014 4:26pm Mar 17, 2014 4:26pm
Quoting lapras
{quote} I have a problem, that Daily SMA on my charts is too low regarding to the other forum members. So Daily SMA on 12. March on Nitsan's chart was 1380, on my charts was 1330. I have tried apply SMA on close price, on open price, on low price etc. but nothing works. It is the same on MT4 FXCM, MT4 Admiral markets and DukasCopy charts. Which charting software do you use? Maybe somebody know, why is such difference between SMAs? thank you! {image}
Quoting namaus
{quote} Try to change maximum bar in option menu.
Quoting blackgeorge
{quote} EMA was 1330, but SMA was 1380. You should probably switch MA method from "exponential" to "simple".
Quoting Mrdj
{quote} I have the same problem, I wrote about it before. My broker is Markets. On my smartphone I have Tradeinterceptor and data from FXCM and there SMA 300 is on 1380 when was top. In MT4 in the same time I must switch to SMA 360. I don't know why
Quoting Nitsan_Levi
{quote} Maybe your problem is that your preiods is less then 1000 candle
Quoting lapras
Thank you for all answers regarding daily SMA300 XAU/USD on 03/12/2014 is 1.330. So far I have found out following: -I have ploted is SMA on charts not EMA on MT4 (so this is ok) -history is more then 1000bars on MT4 (also ok) -it seems that all MT4 terminals use history data from MEtaQuotes -I have check chart from DailyFX, they use data from FXCM, XAU/USD daily SMA300 on 03/12/2014: it is 1.380 So it seems, that SMA on MT4 platform and DailyFx Java platform is different (diff. is about 50 pips - 4%) Do not know which SMA is accurate. regards to...
Hi Everyone,

It's possible the discrepancy you see has to do with comparing New York Close charts with non-New York Close charts: http://www.forexfactory.com/showthre...33#post7215433

New York Close charts have the daily candles begin and end at 5pm New York Time to correspond with the close of the New York trading session. Non-New York Close charts have daily candles that begin at a different time such as midnight GMT which corresponds to 8pm New York Time. This 3-hour shift can result in differently shaped candles on daily and 4-hour charts which in turn can result in different signals from the moving averages applied to these charts.

The Marketscope charts on FXCM's Trading Station platform and the charts on FXCM's newest MT4 server are synchronized with the New York Close. However, the charts on FXCM's other MT4 servers are synchronized with midnight GMT.
  • #3,891
  • Edited 6:00pm Mar 17, 2014 5:05pm | Edited 6:00pm
Quoting Jason Rogers
{quote} {quote} {quote} {quote} {quote} {quote} Hi Everyone, It's possible the discrepancy you see has to do with comparing New York Close charts with non-New York Close charts
Comfirmed true you are right. One of my is wrong too. It is NY time charts. Suggest download Demo with different charts, then you can watch both.

Edit: that's why Pivots need to be adjusted too on NY charts
  • #3,892
  • Mar 17, 2014 5:14pm Mar 17, 2014 5:14pm
long 1365 tp 1400 sl 1350
hope this will not hit the wrong way
  • #3,893
  • Mar 17, 2014 5:22pm Mar 17, 2014 5:22pm
hi and good morning from sg... regarding the sma300 thing..i believe thats its gotta do with NY close and non NY close of the server on your charts operator.. i have 3 accts with oanda, LQD and FXpro.. all 3 shows diff location of sma300 but i only follow fxpro as they have NY close.. hope the info helps..
  • #3,894
  • Mar 17, 2014 5:33pm Mar 17, 2014 5:33pm
hey Nitsan.. wat a day yesterday huh?... well i closed all my shorts a little prematurely as i will be away after fomc.. so building my longs with BL until 1348 area (sma300) on the 1hr chart.. all target TP @ 1402 area.. the golden cross that letscry(i think) was talking about will soon be met..
anyway, as usual.. u rocks dude!!.. and to the ppl who expected the market to boom up when market opened yesterday morning, too bad.. the bear claws are were sharper than the bull horns.. hehehehe.. and it is still reain sharp till now.. hahahaha

ok cheers and u have a nice day...
  • #3,895
  • Mar 17, 2014 5:44pm Mar 17, 2014 5:44pm
Quoting Xeet
{quote} Let's see if taking last weeks Highs was preparation for that dive bomber analogy of Yours.
hi Mt Xeet... well apparently the dive bomber did the dive yesterday.. hehehehehehe.. i believe the there still a little more "diving" to do today as yestrday was "part 1" cheers
  • #3,896
  • Mar 17, 2014 5:54pm Mar 17, 2014 5:54pm
Quoting hamidshah.pk
{quote} Good to see you and all other who are making money. I remember the time when the price hits 1180 area, majority was saying that it will go to min 1110-1135 area or max to 1000 range and you got Buy position, Good job. Now i see a reversal pattern, majority is saying Buy, lets see where the market moves.
hi, Mr Hamidshah.. hope u are in here.. the market did move down yesterday as per my humble opinion.. i guess i will always play against the majority huh?.. hehehehe.. hope u had good shorts yesterday.. and i hope too that u are ready for round 2 today.. hehehehe.. good luck and good trades to u sir.. cheers
  • #3,897
  • Mar 17, 2014 6:37pm Mar 17, 2014 6:37pm
went long @ 1366 tp 1372.5 sl 1364.39
A trade should be based on an assumption based on facts
  • #3,898
  • Mar 17, 2014 7:02pm Mar 17, 2014 7:02pm
I put my long at 1366 TP 1374 SL on 1360
  • #3,899
  • Mar 17, 2014 8:32pm Mar 17, 2014 8:32pm
Quoting hongment
I put my long at 1366 TP 1374 SL on 1360
PA hit your SL???? IMO, pull back occur sooner than later.
Let see 1350 will hold the strong support or not???
  • #3,900
  • Mar 17, 2014 8:33pm Mar 17, 2014 8:33pm
short, target 1353.22 .. no sl


edit - 10seconds later
A trade should be based on an assumption based on facts
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