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  • #5,201
  • Mar 31, 2014 12:38pm Mar 31, 2014 12:38pm
Quoting EatPIPs
1285 got railroaded. New resistance or failure? {image}
Its a close call, sitting on hands now.
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"Where you want to be is always in control, never wishing, always trading.
  • #5,202
  • Mar 31, 2014 12:53pm Mar 31, 2014 12:53pm
I wonder what factor will drive gold price up..as today Yellen's dovish speech didn't
always draw trendlines
  • #5,203
  • Mar 31, 2014 12:54pm Mar 31, 2014 12:54pm
Quoting Spec_And
{quote} Its a close call, sitting on hands now. {image}
Ive hedged my shorts now with a small long. See how it plays tomorrow.
To live a successful life, we must lose our fear of being wrong
  • #5,204
  • Mar 31, 2014 1:14pm Mar 31, 2014 1:14pm
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If you do not know who you are, the Forex is the worst place to find you
  • #5,205
  • Mar 31, 2014 1:18pm Mar 31, 2014 1:18pm
I'm waiting for Heiken Ashi daily close to go long upt to Fibo 38.2% @1325

Any of you guys agree this movement ¿?
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  • #5,206
  • Mar 31, 2014 1:21pm Mar 31, 2014 1:21pm
Quoting caguilar
I'm waiting for Heiken Ashi daily close to go long upt to Fibo 38.2% @1325 Any of you guys agree this movement ¿? {image}
I disagree because the market is waiting for abcd pattern completion, IMO.
Then, 1320 is my target too.
If you do not know who you are, the Forex is the worst place to find you
  • #5,207
  • Mar 31, 2014 1:24pm Mar 31, 2014 1:24pm
Quoting skassacomput
{quote} I disagree because the market is waiting for abcd pattern completion, IMO. Then, 1320 is my target too.
Well, so we agree in the long position
  • #5,208
  • Mar 31, 2014 1:26pm Mar 31, 2014 1:26pm
Quoting caguilar
{quote} Well, so we agree in the long position
yes!
If you do not know who you are, the Forex is the worst place to find you
  • #5,209
  • Mar 31, 2014 1:28pm Mar 31, 2014 1:28pm
The price is just stalled around 1285 right now, it's hard to have to decide whether it'll go up or not. Let's see how it goes, I just take a step back for now and do not jump into the crowd, will wait to see what's the next move although I got a buy position at 1287.
  • #5,210
  • Mar 31, 2014 2:51pm Mar 31, 2014 2:51pm
Quoting Xenovia
{quote} i think there will be a bounce now but tomorrow, will continue the downfall to 100SMA
no bounce

Yes, I hope it fall quick like a stone off the cliff to 1273 so that I will exit my short hedge and add my long.
  • #5,211
  • Mar 31, 2014 3:07pm Mar 31, 2014 3:07pm
I am buying also, first target (not really a target, just the point after which put stops at breakeven) is the high of today.
Final target (but perhaps take profits before) 1325.

This stuff got to bounce sooner or later, whatever a dead cat or live cat bounce, it's coming soon
  • #5,212
  • Mar 31, 2014 3:09pm Mar 31, 2014 3:09pm
Quoting Northintel
{quote} I am totally convinced that the Gold market is 'fixed' - the question is, what is the size of this scoop and who are the players. Other than that, the forecast exercise is acrobatic , but not impossible.
yeah...and how long can they drive the price down...
one side of me is very tempted to take short
but the rational side of me still hold on to long (it will be not funny if as soon as I short, price jump up)
Hedged my position, will close short and re-expose long and add some more at 1274 area..
  • #5,213
  • Mar 31, 2014 3:30pm Mar 31, 2014 3:30pm
Quoting Polaris4dy
{quote} yeah...and how long can they drive the price down...
As our host here ClockTrader insists of saying, and as some expect, the limit should be YCL. They've been driving this a bit too early and too aggressive (or they're aiming indeed for under 1050!), it should reach to that level mid-end May the earliest - but be prepared for more 'fixings' and interruptions that keep the course up to there. This is not bullish nor bearish anymore, it's a rabbit market
  • #5,214
  • Mar 31, 2014 3:35pm Mar 31, 2014 3:35pm
This is more irritating than shit stuck in the asshole. 1272/42/32 it is for me. no thoughts north. stupid PA.
A trade should be based on an assumption based on facts
  • #5,215
  • Mar 31, 2014 3:43pm Mar 31, 2014 3:43pm
Quoting Mave
This is more irritating than shit stuck in the asshole. 1272/42/32 it is for me. no thoughts north. stupid PA.
Have faith, the bulls cavalry is on his way
  • #5,216
  • Mar 31, 2014 4:01pm Mar 31, 2014 4:01pm
Quoting spaceduck
{quote} Have faith, the bulls cavalry is on his way
hopefully a seventh of them will lead the attack and shit all the way up when they notice the bears hiding and the remaining 6/7 bulls will slip/slide/skid/drop/tumble on the shit they left behind. stupid PA.

I'm out of here.
A trade should be based on an assumption based on facts
  • #5,217
  • Mar 31, 2014 4:04pm Mar 31, 2014 4:04pm
Quoting spaceduck
{quote} Have faith, the bulls cavalry is on his way
Proof.
  • #5,218
  • Mar 31, 2014 4:06pm Mar 31, 2014 4:06pm
Quoting Mave
{quote} hopefully a seventh of them will lead the attack and shit all the way up when they notice the bears hiding and the remaining 6/7 bulls will slip/slide/skid/drop/tumble on the shit they left behind. stupid PA. I'm out of here.
You are right, the thing about commodities vs forex is that commodities do really respect trends, and the gold trend right now is down, it doesn't make sense to try buy the lows on such market.

In fact why the hell i'm buying it, mmmm...
Now as per my broker the gold market is closed for 1 hour, i'll think about it the next hour, tnx bro
  • #5,219
  • Mar 31, 2014 4:17pm Mar 31, 2014 4:17pm
Quoting spaceduck
{quote} You are right, the thing about commodities vs forex is that commodities do really respect trends, and the gold trend right now is down, it doesn't make sense to try buy the lows on such market. In fact why the hell i'm buying it, mmmm... Now as per my broker the gold market is closed for 1 hour, i'll think about it the next hour, tnx bro
Cool.
A trade should be based on an assumption based on facts
  • #5,220
  • Mar 31, 2014 4:50pm Mar 31, 2014 4:50pm
I think gold will be down again headed to 1276 -1277.
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