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Only Gold!

  • #5,101
  • Mar 28, 2014 12:55pm Mar 28, 2014 12:55pm
Quoting ajantala
Really expected more solid move down south today, really disappointed 'cos not much profit in the bag but hey it's better than losing right? My outlook for next week is ranging/uptrend.
yeah, it's sideway, but considering the bull is not strong enough to push this pair up, I would still consider sell for next week. Have a great weekend everyone!
  • #5,102
  • Mar 29, 2014 3:15am Mar 29, 2014 3:15am
The main trend is down on the daily chart, but gold may be stabilizing. Regaining then holding $1297.21 will be a sign of short-covering. This could trigger a rally into an uptrending angle at $1306.70.

OR

From the daily chart analysis, one can see that gold could break hard and fast to $1265.20. However, any upside action is likely to be labored.
P.S. Trade with the discipline of Money Management and Risk Management.
  • #5,103
  • Mar 29, 2014 7:14am Mar 29, 2014 7:14am
PASR is PASR
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Gold 1HR.png Size: 102 KB
Click to Enlarge Name: Gold Daily.png Size: 91 KB
To live a successful life, we must lose our fear of being wrong
  • #5,104
  • Mar 29, 2014 7:21am Mar 29, 2014 7:21am
Quoting EatPIPs
PASR is PASR {image} {image}
First chart is very detail of which level the PA "tested".In the second chart, i just dont know that the levels are asumed to be the Support or Resistent
  • #5,105
  • Mar 29, 2014 7:27am Mar 29, 2014 7:27am
Quoting namaus
{quote} First chart is very detail of which level the PA "tested".In the second chart, i just dont know that the levels are asumed to be the Support or Resistent
The second chart is just daily SR as I see it - not to the pip but average zones. Its just for reference.

The first chart is intraday SR so more detailed.
To live a successful life, we must lose our fear of being wrong
  • #5,106
  • Mar 29, 2014 8:40am Mar 29, 2014 8:40am
next week i think gold will be touch 1329
One Day U Will Miss me!
  • #5,107
  • Mar 29, 2014 8:54am Mar 29, 2014 8:54am
Quoting aliqazi
next week i think gold will be touch 1329
It would to do so. The PA down crazy just within 10 days around 110$ without any major pull back 137x, 135x, 133x. IMO, these levels are left for future time in a haft of the year. For now and till May, the PA seem to find a firm strong Resistence, 126x. Lower than that would kill the bullishness. The 1300 would be line of the battle for both sides. Next week, we will see. Nice weekend all.
  • #5,108
  • Mar 29, 2014 9:44am Mar 29, 2014 9:44am
I like your su/rs charts EatPips. I have a similar philosophy. I've learned over the years though, that ultimately, lines are made to be broken.
  • #5,109
  • Mar 29, 2014 9:47am Mar 29, 2014 9:47am
Eat pips complete noob chasing losses :-/ ... Your first chart shows that the down trend will continue? Or shows that the down trend will only continue if a new low is broken and held ... If not then the upside could be back to 1311?

fib retrace ment 67% is 126X .. Do you think it is possible we will hit this first before heading back up again?

Sorry for for the direct questions as it is of course an unknown while we head sideways ... Firm support in low 90's on Friday but just trying to line myself up for a nice long or short before the move happens...

your ur opinion is greatly a appreciated.
Que Sera
  • #5,110
  • Mar 29, 2014 11:01am Mar 29, 2014 11:01am
Gold stills sell, but I got 1314 buy and I have hope Gold will be arise some point
One Day U Will Miss me!
  • #5,111
  • Mar 29, 2014 12:53pm Mar 29, 2014 12:53pm
I am looking for a Forex Broker whose MT4 server time-zone would be NY [EST]. After Google, I found this: http://www.mbtrading.com/ at FF which is hopefully good for this purpose.

Before I signup for demo with them, any advise of brokers whose MT4 time-zone is NY [EST] ? I just need a demo for some back testing and research stuff.

Thanks a ton in advance for your kind inputs.
Hello World!
  • #5,112
  • Mar 29, 2014 12:58pm Mar 29, 2014 12:58pm
Before I go for a break, I thought I MUST share this.

PS: Shared on FB by Tyrese Gibson
Attached Image
Hello World!
  • #5,113
  • Mar 29, 2014 1:50pm Mar 29, 2014 1:50pm
well stated Clocktrader. love it and so true !
  • #5,114
  • Mar 30, 2014 12:23am Mar 30, 2014 12:23am
gold

On the H4 TF, we are expecting the price to grow up, if the upper wedge angle around $1300 is being broken.



http://pcm-fx.com/pcmupload/uploads/1396156213731.gif
  • #5,115
  • Mar 30, 2014 1:07am Mar 30, 2014 1:07am
Fellas, Fellas need help.

I am looking for at least 15 volunteers who can take Daily Clock Band calls from me and test run these calls on a demo acc for about 2 weeks. will share more details later..
Hello World!
  • #5,116
  • Mar 30, 2014 2:07am Mar 30, 2014 2:07am
Quoting ClockTrader
Fellas, Fellas need help. I am looking for at least 15 volunteers who can take Daily Clock Band calls from me and test run these calls on a demo acc for about 2 weeks. will share more details later..
Thanks for your interest through personal messages (pms) fellas. Currently I am working on the modalities on how to execute this as a project. Technically, you shall be getting two signals based on two different models on most days, which means you would need to have 2 fresh practice accounts. The crux of both would be same i.e. Daily Clock Band with bias and with Dual Neutral. There would be stringent rules so we can measure the success/failure of the trading system using the results.

I want us to have crystal clear results by the end of the test run. I don't want this to start haphazardly and end up in hotchpotch manner, I bet you'll agree. Therefore, I'll be spending next few days on how we do this.

Imp: I would require at least 15 volunteers to participate before we can start this project, only few so far.

Tags: Project Test DCB x double
Hello World!
  • #5,117
  • Mar 30, 2014 3:45am Mar 30, 2014 3:45am
I am starting the week trading from Eastern Europe and it appears the Russians have called off the invasion of Ukraine...for now. I closed all of my shorts last week and made back all of my previous profits for the 1st qtr. I would love to see gold spike over 1300, but alas this resistance looks fairly strong, and if NFP comes in at predicatable levels, then gold is like to test 1250. In any case, the bias is still short from both a fundamental and technical standpoint, so any longs will be scalps with less risk and shorter distance to targets.
"The market can remain irrational longer than you can remain solvent"
  • #5,118
  • Mar 30, 2014 4:55am Mar 30, 2014 4:55am
Quoting anton.olff
I am starting the week trading from Eastern Europe and it appears the Russians have called off the invasion of Ukraine...for now. I closed all of my shorts last week and made back all of my previous profits for the 1st qtr. I would love to see gold spike over 1300, but alas this resistance looks fairly strong, and if NFP comes in at predicatable levels, then gold is like to test 1250. In any case, the bias is still short from both a fundamental and technical standpoint, so any longs will be scalps with less risk and shorter distance to targets.
I am also looking to sell gold this week at a pullback price as close to 1300 as possible. Fundies and techs all showing downward to me on my system. I have also finished setting up my new system this weekend after back testing it a number of times on different frames. Ready to make it go to work as of Asia open tonight.
To live a successful life, we must lose our fear of being wrong
  • #5,119
  • Mar 30, 2014 5:17am Mar 30, 2014 5:17am
IMO gold will go down 1263-1248 range. After scalps again rebound back to 1300-1320.. any comments!!
  • #5,120
  • Mar 30, 2014 7:03am Mar 30, 2014 7:03am
thank clock, I will close my buy Gold lots on near 1300 and can take sell...................?
One Day U Will Miss me!
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