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Only Gold!

  • #5,221
  • Mar 31, 2014 5:15pm Mar 31, 2014 5:15pm
Quoting Polaris4dy
{quote} 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.
bounce now im going to open more shorts when it rises around daily 80sma and hopefully drop down to 100sma by the end of tomorrow. most likely wait to see what asian market will have for gold later though
Lose in spoonfulls, win in buckets
  • #5,222
  • Mar 31, 2014 5:53pm Mar 31, 2014 5:53pm
Quoting Xenovia
{quote} bounce now im going to open more shorts when it rises around daily 80sma and hopefully drop down to 100sma by the end of tomorrow. most likely wait to see what asian market will have for gold later though
it did retest the resistance on 15M.
A trade should be based on an assumption based on facts
  • #5,223
  • Mar 31, 2014 6:54pm Mar 31, 2014 6:54pm
its amazing how gold cant even make a little pullback,
what a strong downtrend.
  • #5,224
  • Mar 31, 2014 7:06pm Mar 31, 2014 7:06pm
Quoting acidguy
its amazing how gold cant even make a little pullback, what a strong downtrend.
if you look back.. there isn't a retrace of a retrace in gold .
A trade should be based on an assumption based on facts
  • #5,225
  • Mar 31, 2014 7:16pm Mar 31, 2014 7:16pm
Fundamentally, there is no reason to buy Gold or Silver, and no one is buying...yet. Things should change this summer, cyclically speaking and be bullish the metals. I know that doesn't help much right now but it is what it is. Should bounce later this week though.
  • #5,226
  • Mar 31, 2014 7:19pm Mar 31, 2014 7:19pm
copper hits x no. of yr lows.. silver hits x no. of yr lows.. what's next?
A trade should be based on an assumption based on facts
  • #5,227
  • Mar 31, 2014 7:33pm Mar 31, 2014 7:33pm
I dont think ill be placing any buy trades at all for a while. the downtrend still seems strong on the daily TF and the bounce happened on around 1178 on the monthly TF. If price pierces this, i dont think we'll be seeing rallies anytime soon, But thats weeks away. anyone still strongly selling?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-04-01 at 01.28.29.png Size: 18 KB
Lose in spoonfulls, win in buckets
  • #5,228
  • Mar 31, 2014 8:04pm Mar 31, 2014 8:04pm
Quoting Xenovia
I dont think ill be placing any buy trades at all for a while. the downtrend still seems strong on the daily TF and the bounce happened on around 1178 on the monthly TF. If price pierces this, i dont think we'll be seeing rallies anytime soon, But thats weeks away. anyone still strongly selling? {image}
yup.. 1272/42/32
A trade should be based on an assumption based on facts
  • #5,229
  • Mar 31, 2014 8:28pm Mar 31, 2014 8:28pm
Quoting Xenovia
{quote} bounce now im going to open more shorts when it rises around daily 80sma and hopefully drop down to 100sma by the end of tomorrow. most likely wait to see what asian market will have for gold later though
well, seems i was wrong about any bounces >.<; oh well, it hit daily 100sma today like i thought, so i'm happy ^^.

GN all.
Lose in spoonfulls, win in buckets
  • #5,230
  • Mar 31, 2014 9:06pm Mar 31, 2014 9:06pm
Quoting Xenovia
{quote} well, seems i was wrong about any bounces >.<; oh well, it hit daily 100sma today like i thought, so i'm happy ^^. GN all.
gonna try a long now, there was a very strong bounce on 1277, personally i think the downtrend is over for now, now looking for 1300 again.
  • #5,231
  • Mar 31, 2014 10:11pm Mar 31, 2014 10:11pm
Quoting walman
I think gold will be down again headed to 1276 -1277.{image}
wow, spot on ya ... it went down to 1277.xx .. Now back to 128x range ...
  • #5,232
  • Mar 31, 2014 10:12pm Mar 31, 2014 10:12pm
resistance at 1385.. my call on downside
P.S. Trade with the discipline of Money Management and Risk Management.
  • #5,233
  • Mar 31, 2014 10:21pm Mar 31, 2014 10:21pm
Quoting farukh
resistance at 1385.. my call on downside
You mean 1285.
  • #5,234
  • Mar 31, 2014 10:22pm Mar 31, 2014 10:22pm
thanks clock, today what will you say about Gold..............?
One Day U Will Miss me!
  • #5,235
  • Mar 31, 2014 10:30pm Mar 31, 2014 10:30pm
I think Gold today round about 1291-1261
One Day U Will Miss me!
  • #5,236
  • Mar 31, 2014 10:36pm Mar 31, 2014 10:36pm
Quoting hamidshah.pk
{quote} You mean 1285.
oh yeah 1285
P.S. Trade with the discipline of Money Management and Risk Management.
  • #5,237
  • Mar 31, 2014 10:58pm Mar 31, 2014 10:58pm
Quoting aliqazi
thanks clock, today what will you say about Gold..............?
Au in 1280 range

Currently testing Longs with SL @ 1260-62

Going forward, I plan to build longs if 1270-80 serves as support. Things should be clear within a few days, latest by weekend.

PS: Request fellas to Trade light and safe.
Hello World!
  • #5,238
  • Mar 31, 2014 11:19pm Mar 31, 2014 11:19pm
hi Clock Trader!
can u tell me which is the best technique to get online help and I can check strategies for day or weaks...................?
One Day U Will Miss me!
  • #5,239
  • Mar 31, 2014 11:27pm Mar 31, 2014 11:27pm
Quoting aliqazi
hi Clock Trader! can u tell me which is the best technique to get online help and I can check strategies for day or weaks...................?
Online help for fellas like you would be following tested traders here like below:

http://www.forexfactory.com/nitsan_levi

http://www.forexfactory.com/jackeollio

PS: Please advise me any fella who has been giving good calls or solid analysis on a regular basis.
Hello World!
  • #5,240
  • Mar 31, 2014 11:37pm Mar 31, 2014 11:37pm
Thank you very much clock for good advises
One Day U Will Miss me!
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