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  • #6,481
  • Apr 9, 2014 7:53am Apr 9, 2014 7:53am
Quoting manforlove
{quote} hello mr waleed ,, well i counter trend,,, as i going to intraday trade open and close ... means i going to see next 2 -4 or 8 hrs,,, and i can close before target,,,, if shifted or i miss calcuate or any thing else... i m with trend i can stay for day... or weeks.... .. yes i do few sniper as long from 1279 frist up then 1283 second up with 80 to 90 pips ... and then the price down ... i do not go with momentum.... just watch.... hope i make it smpile... too much indicators..or tech leads some times to not enter the market ..even its soo...
Interesting...nice to know..best of luck to you too...

One thing though how did you come up with target of 1283? there is a few of you keeping that price in target...why? don't you see the 1295 trend line first?
  • #6,482
  • Apr 9, 2014 8:07am Apr 9, 2014 8:07am
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 109 KB
candle chart, could go a lot lower , sooner buy in than sell out
  • #6,483
  • Apr 9, 2014 8:10am Apr 9, 2014 8:10am
Quoting waleed.khan
{quote} Interesting...nice to know..best of luck to you too... One thing though how did you come up with target of 1283? there is a few of you keeping that price in target...why? don't you see the 1295 trend line first?
well thank u for replay
well...... yes 1295 first and 1300 also ... correct
well ... 1283 its 1.61 fib of wave 5
well also its around the 78.2 of the whole correction from 1277 to 1314 ...as consdertion of its a wave 1 and we are in the wave 2 correction of the correction
that analysis is correct until break today high and clsoe one day over 1314 its open med term 1333 or higher... i didnot calcute.. the higher it may in days or weeks... again to 1378
or it formed a high at 1314 and we had to see lower low than 1277 which i calculate and we sure will see these number.... after all mess clear its 1250 and nothing will stop it from yearly new low... that who trade longer term.... i m not .. i m short term only to lock profit daily max or cut it off ... each day with fresh chart ....that is all ..with see other charts with other tech support mine... i can enter longs when only after 4hrs closes scalp off sure tight tp tight sl
best of luck to u sir
  • #6,484
  • Apr 9, 2014 8:17am Apr 9, 2014 8:17am
Quoting manforlove
{quote} well thank u for replay well...... yes 1295 first and 1300 also ... correct well ... 1283 its 1.61 fib of wave 5 well also its around the 78.2 of the whole correction from 1277 to 1314 ...as consdertion of its a wave 1 and we are in the wave 2 correction of the correction that analysis is correct until break today high and clsoe one day over 1314 its open med term 1333 or higher... i didnot calcute.. the higher it may in days or weeks... again to 1378 or it formed a high at 1314 and we had to see lower low than 1277 which i calculate and...
i see... thank you all the best to you too...cheers!
  • #6,485
  • Apr 9, 2014 8:36am Apr 9, 2014 8:36am
weeee \o/
Attached Image (click to enlarge)
Click to Enlarge Name: gold.jpg Size: 123 KB
  • #6,486
  • Apr 9, 2014 8:45am Apr 9, 2014 8:45am
https://www.tradingview.com/x/eITUM6xX/
Looks like these arrows are fractal patterns on the hourly/4hr chart... maybe this trend will continue....Consolidation to 1305 and then up again tommorow...Although with todays fomc minutes, I suspect stops below 1300 might get taken out (perhaps all the way to 1295)?
  • #6,487
  • Apr 9, 2014 9:33am Apr 9, 2014 9:33am
gone long off the 1300 as it was on a fib number 38% if it goes lower i will add on every fib, sl on the open not 1302.80
  • #6,488
  • Apr 9, 2014 9:43am Apr 9, 2014 9:43am
Quoting ClockTrader
{quote} Sorry to say, not anymore.
Dear CT, Just read this post, so it's mean that the DCB project is canceled?
  • #6,489
  • Apr 9, 2014 9:52am Apr 9, 2014 9:52am
Quoting elbert3
gone long off the 1300 as it was on a fib number 38% if it goes lower i will add on every fib, sl on the open not 1302.80
sorry i dont know what happened on the edit,,, sl pp now 1302.8 ???
  • #6,490
  • Apr 9, 2014 10:20am Apr 9, 2014 10:20am
Quoting masbro134
{quote} Dear CT, Just read this post, so it's mean that the DCB project is canceled?
Yes mate, the project stands cancelled as of today.
Hello World!
  • #6,491
  • Apr 9, 2014 10:27am Apr 9, 2014 10:27am
Quoting ClockTrader
{quote} Yes mate, the project stands cancelled as of today.
Too bad mate, you've just started it yet it has to be stopped
Can you just continue the project without publicly mentioned here, I mean you have your own blog that you can share regarding the DCB project there
Well it's just my opinion, but you are the project owner, it's all up to you to continue or just stop it mate....
  • #6,492
  • Apr 9, 2014 10:36am Apr 9, 2014 10:36am
Quoting masbro134
{quote} Too bad mate, you've just started it yet it has to be stopped Can you just continue the project without publicly mentioned here, I mean you have your own blog that you can share regarding the DCB project there Well it's just my opinion, but you are the project owner, it's all up to you to continue or just stop it mate....
IF I start it in future, maybe early next month. I'll send a mailer to the subscribers.
Hello World!
  • #6,493
  • Apr 9, 2014 10:42am Apr 9, 2014 10:42am
ill move my stop now to 1311.50 target open to 1260 ill be happy to see it there
Attached Image (click to enlarge)
Click to Enlarge Name: gold#daily.png Size: 52 KB
Senior Trader Multi-Account Manager
  • #6,494
  • Apr 9, 2014 10:50am Apr 9, 2014 10:50am
Quoting lorix
ill move my stop now to 1311.50 target open to 1260 ill be happy to see it there {image}
i will join you move pp now 1340 .. lol regards
  • #6,495
  • Apr 9, 2014 10:52am Apr 9, 2014 10:52am
Quoting elbert3
{quote} i will join you move pp now 1340 .. lol regards
are you long on gold?? what price?
Senior Trader Multi-Account Manager
  • #6,496
  • Apr 9, 2014 11:01am Apr 9, 2014 11:01am
Quoting ClockTrader
{quote} IF I start it in future, maybe early next month. I'll send a mailer to the subscribers.
Hopefully you'll re-start the project in near future mate, Just kindly let me know whenever you re-start it again
  • #6,497
  • Apr 9, 2014 12:24pm Apr 9, 2014 12:24pm
update on my long as well...I'm thinking price will begin to stall and may move for a second leg down, bypassing the previous lows...I am seriously considering a stop and reverse on this stop but will wait for a more reliable signal on a daily chart.

the chart pictured below is a 6 hr chart. Note the oscillator while still moving up is getting "tired"...this usually marks exhaustion as it did at the low. Stop locks in a modest profit of 120 pips
Attached Image (click to enlarge)
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  • #6,498
  • Apr 9, 2014 12:51pm Apr 9, 2014 12:51pm
already buy position at 1301.80 + 1305.76 .... waiting for TP upper 1306.51 .... can breakout the 1306.51? if can not i'll short again.Any advice?

Best Regards
  • #6,499
  • Apr 9, 2014 1:12pm Apr 9, 2014 1:12pm
And BOOM 1310, we're gonna go crazy !
  • #6,500
  • Apr 9, 2014 1:13pm Apr 9, 2014 1:13pm
Quoting ThePolarFox
And BOOM 1310, we're gonna go crazy !
it is still capped by 1H SMA400...it looks like its gonna be ranging
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