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  • #5,421
  • Apr 2, 2014 3:08am Apr 2, 2014 3:08am
Quoting ThePolarFox
So, do you people think we should start building our long now ? (even though it could drop to 1275) What TP ? 1480 ?
I'm still quite reluctant to build long, not until we at least go pass the 200 daily SMA at 1300

like you said I think we will at least touch 127x before turning
  • #5,422
  • Apr 2, 2014 3:29am Apr 2, 2014 3:29am
Quoting ThePolarFox
So, do you people think we should start building our long now ? (even though it could drop to 1275) What TP ? 1480 ?
if you will place long then set stop as well, this is the only way you will protect your account.

i'm timing my long entry as well atm its not showing any sign of reversal
  • #5,423
  • Apr 2, 2014 3:32am Apr 2, 2014 3:32am
I'll wait then, since I am kinda new to this, until now I've always saw the market way more active than how it is right now so I just have no idea what's going on..
  • #5,424
  • Apr 2, 2014 3:35am Apr 2, 2014 3:35am
Quoting ThePolarFox
I'll wait then, since I am kinda new to this, until now I've always saw the market way more active than how it is right now so I just have no idea what's going on..
for me idling means a great battle between the bear and the bull. its a telltale sign that a reversal will be possible at this point. otherwise we see again another bottom.
  • #5,425
  • Apr 2, 2014 3:40am Apr 2, 2014 3:40am
Quoting golddigger
{quote} for me idling means a great battle between the bear and the bull. its a telltale sign that a reversal will be possible at this point. otherwise we see again another bottom.
why not wait later for ADP Non-Farm Employment Change
there is a big chance this news is going to rock gold, just put a buy or a sell order with a trailing stop and play safe.

right now the PMI indexes around the world keep printing badly which is bearish for gold.
  • #5,426
  • Apr 2, 2014 3:48am Apr 2, 2014 3:48am
Quoting acidguy
{quote} why not wait later for ADP Non-Farm Employment Change there is a big chance this news is going to rock gold, just put a buy or a sell order with a trailing stop and play safe. right now the PMI indexes around the world keep printing badly which is bearish for gold.
good point, isnt this kind of news trading risky? have you been whipsawed already hitting both your orders?
  • #5,427
  • Apr 2, 2014 3:51am Apr 2, 2014 3:51am
Quoting acidguy
{quote} why not wait later for ADP Non-Farm Employment Change there is a big chance this news is going to rock gold, just put a buy or a sell order with a trailing stop and play safe. right now the PMI indexes around the world keep printing badly which is bearish for gold.
The problem is, it's not gonna move much...knee jerk reaction, yes..but price normally move back to normal 15 minutes after small news..Why not wait for NFP, that one is more impactful
  • #5,428
  • Apr 2, 2014 4:31am Apr 2, 2014 4:31am
anyone know what effect to GOLD to the news ?
  • #5,429
  • Apr 2, 2014 5:01am Apr 2, 2014 5:01am
Quoting ozboy
anyone know what effect to GOLD to the news ?
Can't explain in detail but depending on the news it goes up or down.

trade - short when you're comfortable.. sl 1290, tighter sl higher 1288.xx tp 1267ish (depending on PA) .
A trade should be based on an assumption based on facts
  • #5,430
  • Apr 2, 2014 5:12am Apr 2, 2014 5:12am
1287-1277 needs a breakout + hold either way.

At the moment its just back into the consolidation zone having a cup of tea.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 5M.png Size: 90 KB
To live a successful life, we must lose our fear of being wrong
  • #5,431
  • Apr 2, 2014 5:27am Apr 2, 2014 5:27am
Quoting ClockTrader
SL for test longs @ 1271 I plan to mitigate risk IF any by US morning, cheers to all =)
SL raised to 1278 not because it looks scary OR I wanna play safe, But, coz my analysis says so. If I'm right it shouldn't get close to even 1280
Hello World!
  • #5,432
  • Apr 2, 2014 5:35am Apr 2, 2014 5:35am
Quoting ClockTrader
{quote} SL raised to 1278 not because it looks scary OR I wanna play safe, But, coz my analysis says so. If I'm right it shouldn't get close to even 1280
Technically there needs to be a retest of 1277 even for it to turn bullish
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 1HR.png Size: 100 KB
To live a successful life, we must lose our fear of being wrong
  • #5,433
  • Apr 2, 2014 5:36am Apr 2, 2014 5:36am
Quoting EatPIPs
{quote} Technically there needs to be a retest of 1277 even for it to turn bullish {image}
was it tested yesterday already ?
  • #5,434
  • Apr 2, 2014 5:39am Apr 2, 2014 5:39am
Quoting ozboy
{quote} was it tested yesterday already ?
1277.5 on my broker
To live a successful life, we must lose our fear of being wrong
  • #5,435
  • Apr 2, 2014 5:43am Apr 2, 2014 5:43am
Quoting forex1016
I've just put a risky short at 1284 , SL 1286 with TP at 1275. Comment?
For your short @ 1284, your TP should be 1279. Again place a BUYLIMIT @ 1277 SL : 1274.50 & TP : 1286

HOPE THIS WILL WORK TODAY AS WE HAVE ADP NFP DATA IN U S SESSION.


REPLY ME IF IT WORKS TODAY.
  • #5,436
  • Apr 2, 2014 5:43am Apr 2, 2014 5:43am
Quoting EatPIPs
{quote} 1277.5 on my broker
it had already formed double bottom yesterday, i think so i am hust at side and waiting for a break through 1287 to enter long
  • #5,437
  • Apr 2, 2014 5:45am Apr 2, 2014 5:45am
Quoting amansuri1
{quote} it had already formed double bottom yesterday, i think so i am hust at side and waiting for a break through 1287 to enter long
A break of 1298-1300 would question my shorts.
To live a successful life, we must lose our fear of being wrong
  • #5,438
  • Apr 2, 2014 5:46am Apr 2, 2014 5:46am
can some one tell where is the profit taking zone for short today!!!!
  • #5,439
  • Apr 2, 2014 5:49am Apr 2, 2014 5:49am
I hope that you have got it your target, absolutely right
One Day U Will Miss me!
  • #5,440
  • Apr 2, 2014 5:51am Apr 2, 2014 5:51am
Quoting lapras
{quote} 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 {image}
This ab=cd not good... its high from ech other

see here I add trade in the cad that give big profit..


Enter and SEE PIC

http://www.forexfactory.com/showthre...12#post7353312
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