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  • Post #6,561
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  • Apr 10, 2014 12:20am Apr 10, 2014 12:20am
  •  Iraniatrader
  • | Joined Apr 2014 | Status: Member | 112 Posts
Thanks for u reply

I trade on 15min TF is it a good idea to set my Long order around 1317.10 ?

Or just wait to c what happen the....
Attached File
File Type: docx Doc2.docx   145 KB | 228 downloads
 
 
  • Post #6,562
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  • Apr 10, 2014 12:22am Apr 10, 2014 12:22am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Quoting waleed.khan
Disliked
{quote} I am hoping too... 1314-15 seems like holding...so target should be 1320-25 perhaps even a lot more... best of luck!
Ignored
PA seems okay, seem to be a few bears around, but very timid bears, hardly any rejection from 1316, let's just see if a few more bulls join in when we get there again...
 
 
  • Post #6,563
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  • Apr 10, 2014 12:33am Apr 10, 2014 12:33am
  •  waleed.khan
  • | Joined Mar 2014 | Status: Member | 1,062 Posts
Quoting Iraniatrader
Disliked
Thanks for u reply I trade on 15min TF is it a good idea to set my Long order around 1317.10 ? Or just wait to c what happen the.... {file}
Ignored
Brother that depends on your strategy...do you play breakout; if so then you should have strict stops as we are already closs to a resistance area... so it is up to you.

Gold can retrace before too maybe to trendline or then to ema.... which can also be a buying opportunity. its completely based on your strategy!

what ma's do you use on your chart?
 
 
  • Post #6,564
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  • Apr 10, 2014 12:34am Apr 10, 2014 12:34am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Quoting Iraniatrader
Disliked
Thanks for u reply I trade on 15min TF is it a good idea to set my Long order around 1317.10 ? Or just wait to c what happen the.... {file}
Ignored
That could be very dangerous as the price seems likely to test that level again, and if it reaches there and gets rejected (very possible) you will be in for a bumpy ride. Some kind of retracement is fairly likely here which could go down to who knows where! What I would do (what I have done) is bought here in the hopes that we will see some strong movement north soon - which is a bit of a gamble, but I have another trade placed earlier to cushion any loss. The only advantage of doing this more risky trade just below resistance, is that if it does go up, and resistance becomes support, I can st a SL near break even and just let it run (instead of sitting up all night watching for slight movements!!! - it's now 5.30am ).
 
 
  • Post #6,565
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  • Apr 10, 2014 12:35am Apr 10, 2014 12:35am
  •  waleed.khan
  • | Joined Mar 2014 | Status: Member | 1,062 Posts
Quoting samalmoore
Disliked
{quote} PA seems okay, seem to be a few bears around, but very timid bears, hardly any rejection from 1316, let's just see if a few more bulls join in when we get there again...
Ignored

Yeah... I think the 8 ema on the 1hr chart will reach pa buy europe open...perhaps around then we might see a move.
 
 
  • Post #6,566
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  • Apr 10, 2014 12:42am Apr 10, 2014 12:42am
  •  waleed.khan
  • | Joined Mar 2014 | Status: Member | 1,062 Posts
Quoting samalmoore
Disliked
{quote} The only advantage of doing this more risky trade just below resistance, is that if it does go up, and resistance becomes support, I can st a SL near break even and just let it run (instead of sitting up all night watching for slight movements!!! - it's now 5.30am ).
Ignored
yeah I couldn't agree more... I did my buys on 1303 and 1311;and it is the latter one which i am afraid off as i am afraid that we could test those levels (as per trendline). Hence I can't sleep as the first sign of resistance I want to take some profit and then get back in again!
 
 
  • Post #6,567
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  • Apr 10, 2014 12:47am Apr 10, 2014 12:47am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Quoting waleed.khan
Disliked
{quote} yeah I couldn't agree more... I did my buys on 1303 and 1311;and it is the latter one which i am afraid off as i am afraid that we could test those levels (as per trendline). Hence I can't sleep as the first sign of resistance I want to take some profit and then get back in again!
Ignored
Potential for a nice push up in the next few minutes...

Attached Image (click to enlarge)
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  • Post #6,568
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  • Apr 10, 2014 12:53am Apr 10, 2014 12:53am
  •  richtrader
  • | Joined Aug 2012 | Status: Member | 104 Posts
Quoting samalmoore
Disliked
Good looking Sell on GBPJPY if you interested (Double Top).... {image}
Ignored
yep, i'm still holding my short from yesterday, the strong push up didn't hit my SL, now it's going down, hopefully it reaches my TP
 
 
  • Post #6,569
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  • Apr 10, 2014 12:55am Apr 10, 2014 12:55am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Quoting richtrader
Disliked
{quote} yep, i'm still holding my short from yesterday, the strong push up didn't hit my SL, now it's going down, hopefully it reaches my TP
Ignored
Nice, what's your TP?
 
 
  • Post #6,570
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  • Apr 10, 2014 12:58am Apr 10, 2014 12:58am
  •  waleed.khan
  • | Joined Mar 2014 | Status: Member | 1,062 Posts
Quoting samalmoore
Disliked
{quote} Potential for a nice push up in the next few minutes... {image}
Ignored
one min seems to be trending so well...

Come on just jump to 1324 already!!!
 
 
  • Post #6,571
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  • Apr 10, 2014 1:00am Apr 10, 2014 1:00am
  •  richtrader
  • | Joined Aug 2012 | Status: Member | 104 Posts
Quoting samalmoore
Disliked
{quote} Nice, what's your TP?
Ignored
TP @169.5
 
 
  • Post #6,572
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  • Apr 10, 2014 1:01am Apr 10, 2014 1:01am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Quoting samalmoore
Disliked
{quote} Potential for a nice push up in the next few minutes... {image}
Ignored
Meh.... maybe time for bed....
 
 
  • Post #6,573
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  • Apr 10, 2014 1:02am Apr 10, 2014 1:02am
  •  waleed.khan
  • | Joined Mar 2014 | Status: Member | 1,062 Posts
Quoting waleed.khan
Disliked
{quote} one min seems to be trending so well... Come on just jump to 1324 already!!!
Ignored
My concern is that the euro and usd index have stopped rallying?

But the more inside bars we have...the swifter/bigger the break might be!!
 
 
  • Post #6,574
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  • Apr 10, 2014 1:04am Apr 10, 2014 1:04am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Quoting waleed.khan
Disliked
{quote} one min seems to be trending so well... Come on just jump to 1324 already!!!
Ignored
YEAH!!!!
 
 
  • Post #6,575
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  • Apr 10, 2014 1:07am Apr 10, 2014 1:07am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Quoting richtrader
Disliked
{quote} TP @169.5
Ignored
Mine is a crazy 167
 
 
  • Post #6,576
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  • Apr 10, 2014 1:09am Apr 10, 2014 1:09am
  •  richtrader
  • | Joined Aug 2012 | Status: Member | 104 Posts
Quoting samalmoore
Disliked
{quote} Mine is a crazy 167
Ignored
 
 
  • Post #6,577
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  • Apr 10, 2014 1:20am Apr 10, 2014 1:20am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Round about now, if I was a trader in Australia, I would be looking at what I expected gold to do through the London & New York sessions...

Please guys, buy gold - it's good!!!
 
 
  • Post #6,578
  • Quote
  • Apr 10, 2014 1:21am Apr 10, 2014 1:21am
  •  waleed.khan
  • | Joined Mar 2014 | Status: Member | 1,062 Posts
Quoting samalmoore
Disliked
{quote} YEAH!!!!
Ignored
https://www.tradingview.com/x/yjL5ykta/
More hidden bullish divergence on the 15 min chart!
 
 
  • Post #6,579
  • Quote
  • Apr 10, 2014 1:26am Apr 10, 2014 1:26am
  •  samalmoore
  • | Joined Feb 2013 | Status: Member | 306 Posts
Quoting waleed.khan
Disliked
{quote} {image} More hidden bullish divergence on the 15 min chart!
Ignored
I like
 
 
  • Post #6,580
  • Quote
  • Apr 10, 2014 1:31am Apr 10, 2014 1:31am
  •  waleed.khan
  • | Joined Mar 2014 | Status: Member | 1,062 Posts
Quoting samalmoore
Disliked
{quote} I like
Ignored
This better not resist on 1320...I want a straight 1324 jump!!! i'm sleepy!
 
 
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