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  • #6,361
  • Apr 8, 2014 1:25pm Apr 8, 2014 1:25pm
Quoting samalmoore
Well seeing as not too much gold discussion going on..... Anyone still on the GBPJPY trade? If not there is another possible chance for entry on a pullback... Sell GBPJPY: 170.7(ish) SL: 170.9(ish) TP: 170(ish) Rectangle between 170.7 and 171.4 =.7 successful completion of move will be a move equal to the size of the rectangle below the support line... Bear in mind, we have had very positive news about the UK economy today so I wouldn't be surprised if the move fails....
Was anyone with me on this?
  • #6,362
  • Apr 8, 2014 1:26pm Apr 8, 2014 1:26pm
Quoting ThePolarFox
samalmoore, thank you so much mate...
  • #6,363
  • Apr 8, 2014 1:28pm Apr 8, 2014 1:28pm
Quoting samalmoore
Well seeing as not too much gold discussion going on..... Anyone still on the GBPJPY trade? If not there is another possible chance for entry on a pullback... Sell GBPJPY: 170.7(ish) SL: 170.9(ish) TP: 170(ish) Rectangle between 170.7 and 171.4 =.7 successful completion of move will be a move equal to the size of the rectangle below the support line... Bear in mind, we have had very positive news about the UK economy today so I wouldn't be surprised if the move fails....
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good call i am in on the break might have the power to break the bottom tl, just read your post gold looks like it could be on the move
  • #6,364
  • Apr 8, 2014 1:37pm Apr 8, 2014 1:37pm
Quoting elbert3
{quote} {image} good call i am in on the break might have the power to break the bottom tl, just read your post gold looks like it could be on the move
Yeah, it does look it could break the TL, I chickened out at 170.1
  • #6,365
  • Edited 2:00pm Apr 8, 2014 1:49pm | Edited 2:00pm
Talking of signals, I am far from being an expert, but buying USDJPY right now with TP 104.12 is probably a good trade.. I just hope I am right.


PS: Yes, I know I am f** with my trades lol
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  • #6,366
  • Apr 8, 2014 2:06pm Apr 8, 2014 2:06pm
Quoting ThePolarFox
Talking of signals, I am far from being an expert, but buying USDJPY right now with TP 104.12 is probably a good trade.. I just hope I am right. PS: Yes, I know I am f** with my trades lol {image}
Looking at the chart; i wouldn't dare going against the momentum as there is still room for downside 101.40 levels....Maybe some scalpers who trade lower time frames would know better. If anything I would atleast wait for a reversal candle?
  • #6,367
  • Apr 8, 2014 2:29pm Apr 8, 2014 2:29pm
How much GOLD will go down?
  • #6,368
  • Apr 8, 2014 2:43pm Apr 8, 2014 2:43pm
Quoting Eleven711
How much GOLD will go down?
exactly $17.84
  • #6,369
  • Apr 8, 2014 2:45pm Apr 8, 2014 2:45pm
Is it possible GOLD touch the support at 1306.61? any opinion or advice?

Best Regards
  • #6,370
  • Apr 8, 2014 3:24pm Apr 8, 2014 3:24pm
I think 1m and 5 min bearish gartleys near completion at 1309.31 on my platform Cheers
  • #6,371
  • Apr 8, 2014 3:30pm Apr 8, 2014 3:30pm
Quoting samalmoore
{quote} Yeah, it does look it could break the TL, I chickened out at 170.1
as long as your chicken has an egg, you can crack it and buy another chicken ??? lol
  • #6,372
  • Apr 8, 2014 3:32pm Apr 8, 2014 3:32pm
Quoting Eleven711
Is it possible GOLD touch the support at 1306.61? any opinion or advice? Best Regards
It's absolutely possible...

I would go so far as to say it's even likely!

Gold doesn't really know what it's doing at the moment...
  • #6,373
  • Apr 8, 2014 3:35pm Apr 8, 2014 3:35pm
Quoting samalmoore
{quote} Yeah, it does look it could break the TL, I chickened out at 170.1
have a look nzus on the 30 min.. looks interesting would wait around a bit ,, let me know what you think, regards E
  • #6,374
  • Apr 8, 2014 3:37pm Apr 8, 2014 3:37pm
Quoting elbert3
{quote} have a look nzus on the 30 min.. looks interesting would wait around a bit ,, let me know what you think, regards E
ah you uk based , no work ? my daughter is in same job, long hours , gl regards
  • #6,375
  • Apr 8, 2014 3:37pm Apr 8, 2014 3:37pm
Thank you for all the advice guys. Nice to be part of this forum.

Best Regards
  • #6,376
  • Apr 8, 2014 3:43pm Apr 8, 2014 3:43pm
Quoting elbert3
{quote} have a look nzus on the 30 min.. looks interesting would wait around a bit ,, let me know what you think, regards E
Looks like a sell to me, huge resistance and USD probably needs a retrace, and there's a double top there. You trading it?

Yeah I live in London.
  • #6,377
  • Apr 8, 2014 3:50pm Apr 8, 2014 3:50pm
Quoting elbert3
{quote} have a look nzus on the 30 min.. looks interesting would wait around a bit ,, let me know what you think, regards E
What are your thoughts on NZUS?
  • #6,378
  • Apr 8, 2014 3:57pm Apr 8, 2014 3:57pm
Quoting samalmoore
{quote} What are your thoughts on NZUS?
not sure just walking in the park and found it, will have to take a closer look, if you traded the pair one would think to short it ??? i think if it breaks 8664 could be ,, lets say for fun that number , bottle of red down now so ???? lol
  • #6,379
  • Apr 8, 2014 3:58pm Apr 8, 2014 3:58pm
Quoting samalmoore
{quote} What are your thoughts on NZUS?
Could also be an ascending triangle
  • #6,380
  • Apr 8, 2014 4:01pm Apr 8, 2014 4:01pm
Quoting samalmoore
{quote} What are your thoughts on NZUS?
aud is at ab=cd completion from .9202 on h1 and nzd is at completion of ab=cd on h4 cheers
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