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Only Gold!

  • #5,381
  • Apr 1, 2014 11:59am Apr 1, 2014 11:59am
Quoting EatPIPs
{quote} Everyone has their own strategies and systems (hopefully). Some love certain indicators while others hate them. As long as a system works for you whatever it may consist of, then it shows there is something valid within it. I trade on naked charts using basic TLs SR zones etc and as long as I trade with patience and correct risk, for me it pays off (not always but most times). I can't use indicators, not even MA's, for me I can't trade successfully with them, for others, they can't trade successfully without them. Everyone has their own...


Develop a plan, ANY PLAN before you trade or do it later with less cash and more frustration... karl Marx
  • #5,382
  • Apr 1, 2014 12:02pm Apr 1, 2014 12:02pm
look
Attached Image
One Day U Will Miss me!
  • #5,383
  • Apr 1, 2014 12:04pm Apr 1, 2014 12:04pm
Quoting EatPIPs
{quote} Everyone has their own strategies and systems (hopefully). Some love certain indicators while others hate them. As long as a system works for you whatever it may consist of, then it shows there is something valid within it. I trade on naked charts using basic TLs SR zones etc and as long as I trade with patience and correct risk, for me it pays off (not always but most times). I can't use indicators, not even MA's, for me I can't trade successfully with them, for others, they can't trade successfully without them. Everyone has their own...
Err... EatPIPS are you sure we are not trading the same way? Lol. I also trade naked and have since moved to trading 4hr and daily charts which might not be instantly gratifying (or destructive as the case may be) but eventually pays off with one key factor... patience.
Less is more...
  • #5,384
  • Apr 1, 2014 12:05pm Apr 1, 2014 12:05pm
Quoting jackeollio
{quote} I certainly don't recommend that anybody use a crystal ball to trade the Market and I don't use one myself (simply look at my charts - not much guessing there). That being said, traders who use indicators and oscillators many times appear to me as though they are using a crystal ball to trade the Market. My explanation as to where I'm going with this is as follows : 1) most people have an irrational fear of the Market. As a result, they keep losing money trading the Market simply because they don't "know" and "understand" the Market....
OK...based upon what you have said.... and your strong suggestion, can you recommend a suitable tool that will simplify the process?
  • #5,385
  • Apr 1, 2014 12:11pm Apr 1, 2014 12:11pm
Quoting aliqazi
look {image}
yeah, nice huh? I just closed my short, it's 12 am here, need some sleep and wait for good position tomorrow, hopefully asia session brings gold up for correction so that I can jump on short again. good luck everyone.
  • #5,386
  • Apr 1, 2014 12:15pm Apr 1, 2014 12:15pm
Quoting richtrader
{quote} yeah, nice huh? I just closed my short, it's 12 am here, need some sleep and wait for good position tomorrow, hopefully asia session brings gold up for correction so that I can jump on short again. good luck everyone.
hey Rich, trading aside. i clicked your profile when i saw your post that u said "its 12am here".. apparently we are not that far away huh big guy? cheers and good night to u.. me staying up for MAN U and bayern match..,,,,
  • #5,387
  • Apr 1, 2014 12:19pm Apr 1, 2014 12:19pm
about to pierce 100SMA daily. Hopefully anyway
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Lose in spoonfulls, win in buckets
  • #5,388
  • Apr 1, 2014 12:27pm Apr 1, 2014 12:27pm
This is 1 April joke ???? How long it will be tested this 1280??
  • #5,389
  • Apr 1, 2014 12:35pm Apr 1, 2014 12:35pm
Only indicator i cannot trade with is my trade levels
A trade should be based on an assumption based on facts
  • #5,390
  • Apr 1, 2014 12:58pm Apr 1, 2014 12:58pm
I tell you since last week price will go to 8h sma300 in price 1273 ! everything work fine... all sma there up the price little...but the 300 shold be strong !

Buy at sma300+big ab=cd.. 8h... price 1271 +-
  • #5,391
  • Apr 1, 2014 1:08pm Apr 1, 2014 1:08pm
Quoting Nitsan_Levi
I tell you since last week price will go to 8h sma300 in price 1273 ! everything work fine... all sma there up the price little...but the 300 shold be strong ! Buy at sma300+big ab=cd.. 8h... price 1271 +-
I trade this exactly how u said Use tradeinterceptor charts with fxcm prices and sma's are there where yours
  • #5,392
  • Apr 1, 2014 1:17pm Apr 1, 2014 1:17pm
Quoting Nitsan_Levi
I tell you since last week price will go to 8h sma300 in price 1273 ! everything work fine... all sma there up the price little...but the 300 shold be strong ! Buy at sma300+big ab=cd.. 8h... price 1271 +-
Awesome call, as always!
For your USD/JPY gartley, where should the stop loss be?

Thanks and happy watching champions league =D
  • #5,393
  • Apr 1, 2014 2:25pm Apr 1, 2014 2:25pm
price testing previous support turned resistance (1280). plus ichimoku cloud on the 5M chart.
I am holding my short a while longer..
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  • #5,394
  • Apr 1, 2014 3:20pm Apr 1, 2014 3:20pm
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hi guys still short till we see a green candle this might be on the 61 fib, then depending on the view 14200 ish
  • #5,395
  • Apr 1, 2014 3:24pm Apr 1, 2014 3:24pm
Quoting elbert3
{image} hi guys still short till we see a green candle this might be on the 61 fib, then depending on the view 14200 ish
hey mate! it's been a while since u posted. Nice call! I am on short this time
  • #5,396
  • Apr 1, 2014 3:42pm Apr 1, 2014 3:42pm
Quoting Nitsan_Levi
I tell you since last week price will go to 8h sma300 in price 1273 ! everything work fine... all sma there up the price little...but the 300 shold be strong ! Buy at sma300+big ab=cd.. 8h... price 1271 +-
Hello Nitsan, what do you say about USD/CAD daily chart.
If I see right, we will (maybe) have AB=CD bullish, fibo 127,2 bullish and first close below SMA32 and SMA64 also bullish. But price must fall a little bit further.
Is this setup ok?
best regards
lapras
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  • #5,397
  • Apr 1, 2014 4:01pm Apr 1, 2014 4:01pm
Quoting Polaris4dy
{quote} hey mate! it's been a while since u posted. Nice call! I am on short this time
well done you must of lost a few pips last time ,you were long,good that you can pull the plug on a loss, i have to most times as i am aggressive ???? but as long as you know your acc limit, you can do this lets see if this works , gl
  • #5,398
  • Apr 1, 2014 4:03pm Apr 1, 2014 4:03pm
Quoting elbert3
{image} hi guys still short till we see a green candle this might be on the 61 fib, then depending on the view 14200 ish
please remember this is my demo acc live money is with another broker, do not take notice to the indis if you dont know how they work, regards E
  • #5,399
  • Apr 1, 2014 4:16pm Apr 1, 2014 4:16pm
Quoting stylinex
{quote} Most interventions are usually in the exact opposite of what people are betting on.
http://www.zerohedge.com/news/2014-0...bal-fx-markets
  • #5,400
  • Apr 1, 2014 5:01pm Apr 1, 2014 5:01pm
Quoting elbert3
{quote} well done you must of lost a few pips last time ,you were long,good that you can pull the plug on a loss, i have to most times as i am aggressive ???? but as long as you know your acc limit, you can do this lets see if this works , gl
yeah indeed lost quite a bit (would have been much worse if I didn't hedge here and there)...erased my 18% gain last month..
took the lesson and move on.

Goodluck to you too!
Cheers
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