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  • #6,641
  • Apr 10, 2014 3:50am Apr 10, 2014 3:50am
Quoting samalmoore
I'm out at 1322, gonna get some sleep and hopefully it will have retraced some when I wake up. Good luck guys!!!!
Good man! i am thinking the same...gonna set an order for 1324 with a trailing stop...

good luck!
  • #6,642
  • Apr 10, 2014 3:54am Apr 10, 2014 3:54am
Quoting elbert3
{quote} {image} this is 4 hour, 200 is the green line so it makes a good target, i cover the indicator for the novice traders who read the post as i dont want you to be influenced by the indi,, they have ways of being used and could of been on the screen for a while ,
true
i see that chart yesterday ....and i was caring much and rising way in channel ... and 200 ema is very good target,,,, i understand subject of covering indi ., its okay sir...its .. couple of candles up as max will not heavy volume ...and i think it should retrace may be in next 3-6 hrs...still watching not entry safe or feel good till now ... .good luck sir ...
  • #6,643
  • Apr 10, 2014 3:54am Apr 10, 2014 3:54am
Quoting waleed.khan
{quote} Good man! i am thinking the same...gonna set an order for 1324 with a trailing stop... good luck!
Yeah budy , again I oder LONG up to 1324 ...

I think it will hit the target is it true?
  • #6,644
  • Apr 10, 2014 3:57am Apr 10, 2014 3:57am
Quoting Iraniatrader
{quote} Yeah budy , again I oder LONG up to 1324 ... I think it will hit the target is it true?
How much is your spread?? scalping for such small movements can go more against you than it will for you!
  • #6,645
  • Apr 10, 2014 3:58am Apr 10, 2014 3:58am
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 1HR.png Size: 96 KB
To live a successful life, we must lose our fear of being wrong
  • #6,646
  • Apr 10, 2014 4:01am Apr 10, 2014 4:01am
spinning top on the 1 hr... Early sign the market is getting uncomfortable at these levels..?
  • #6,647
  • Apr 10, 2014 4:06am Apr 10, 2014 4:06am
Quoting Iraniatrader
I have long order... to 1322, will it go upper? Who are having Long order...?
Be careful market is getting to overbought, you may be trapped in an overbought market. With restless drawdown on your account...WAIT...this could be good for london open tommorrow...NEVER TRUST A MARKET WITH NO PULL BACK
  • #6,648
  • Apr 10, 2014 4:10am Apr 10, 2014 4:10am
Quoting manforlove
{quote} true i see that chart yesterday ....and i was caring much and rising way in channel ... and 200 ema is very good target,,,, i understand subject of covering indi ., its okay sir...its .. couple of candles up as max will not heavy volume ...and i think it should retrace may be in next 3-6 hrs...still watching not entry safe or feel good till now ... .good luck sir ...
The indi cover was not meant for you ,, respectfully,, lol, 90% off now a really nice trade , 1322, see how ti goes now gl regards E
  • #6,649
  • Apr 10, 2014 4:12am Apr 10, 2014 4:12am
Quoting waleed.khan
spinning top on the 1 hr... Early sign the market is getting uncomfortable at these levels..?
true ...
and i in next -4 hrs not get in 1323 or under 1319 it will up to last 20s may be max 29 then it will droping .,.. its just a view of closing 4 hrs
not belive good but in case happened
good luck sir
  • #6,650
  • Apr 10, 2014 4:16am Apr 10, 2014 4:16am
Quoting manforlove
{quote} true ... and i in next -4 hrs not get in 1323 or under 1319 it will up to last 20s may be max 29 then it will droping .,.. its just a view of closing 4 hrs not belive good but in case happened good luck sir
yes... i think this might be it...if you see the pa of 1 hr chart for past week this i what happens...price increases in asia europe then consolidates for new york..maybe a late rally by ny close but i doubt that today...
  • #6,651
  • Apr 10, 2014 4:16am Apr 10, 2014 4:16am
Quoting waleed.khan
{quote} No-one is an expert here man I liked the verb change though from "walk" to "jump" shows your level of commitment and prudence! I like...
.... yes we all learning at here ... best regards
  • #6,652
  • Apr 10, 2014 4:17am Apr 10, 2014 4:17am
Quoting EatPIPs
{image}
hello mr ep
well i agree with chart is will be many retest on these level to decide to break or fall i m 80 % near of fall not 100 ... good luck sir ..
nice view on weekly chart and monthly chart it will be back sooner to under 1300 i think that with no more over 1340s ..
gl today sir
  • #6,653
  • Edited 5:00am Apr 10, 2014 4:18am | Edited 5:00am
Quoting waleed.khan
spinning top on the 1 hr... Early sign the market is getting uncomfortable at these levels..?
CLOSED MY LONG THAT I ENTERED AT 1209 MARKET MUST MOVE DOWN FROM THIS HEIGHT OF 1321/24 BY AT LEAST 50 PIPS...I HAVE MY BUY LIMIT AT 1313...WE NEED A CORRESPONDING PULL BACK TO AT LEAST THE 38.2 level (1312) which was yesterdays road block.
SORRY FOR NOT POSTING CHART I AM ON IPAD
  • #6,654
  • Apr 10, 2014 4:23am Apr 10, 2014 4:23am
Quoting manforlove
{quote} hello mr ep well i agree with chart is will be many retest on these level to decide to break or fall i m 80 % near of fall not 100 ... good luck sir .. nice view on weekly chart and monthly chart it will be back sooner to under 1300 i think that with no more over 1340s .. gl today sir
Hi MFL,

Respect to your view but personally I can't see it getting below the recent lows until a new high has been formed. The fact that price corrected to the 50% fib is a strong sign of a "correction" and now the recovery is underway.

Of course there are many obstacles in the way for a new high to be formed and price will flutter its eyelids and stop out many trades before reaching there but one step at a time. Right now its a bull market and a sensible trader will trade safe and have patience.
To live a successful life, we must lose our fear of being wrong
  • #6,655
  • Apr 10, 2014 4:26am Apr 10, 2014 4:26am
Quoting uncletrumpet
{quote} CLOSED MY LONG THAT I ENTERED AT 1209 MARKET MUST MOVE DOWN FROM THIS HEIGHT OF 1320/21 BY AT LEAST 50 PIPS...I HAVE MY BUY LIMIT AT 1313...WE NEED A CORRESPONDING PULL BACK TO AT LEAST THE 38.2 level (1312) which was yesterdays road block. SORRY FOR NOT POSTING CHART I AM ON IPAD
no worries about the chart...

i would have waited to see which way the spinning top breaks...

But yeah retrace is due.. 1311 and 1312! might pause at first resistance 1317 too...

Glad you got in the right side...
  • #6,656
  • Apr 10, 2014 4:30am Apr 10, 2014 4:30am
WHERE IS CLOCKTRADER???

A) he is with the big dogs managing account
B) he wants to be quiet out of wisdom
C) he has gone out on a shopping
D) none of the above

Who knows the answer?
  • #6,657
  • Apr 10, 2014 4:33am Apr 10, 2014 4:33am
Quoting uncletrumpet
WHERE IS CLOCKTRADER??? A) he is with the big dogs managing account B) he wants to be quiet out of wisdom C) he has gone out on a shopping D) none of the above Who knows the answer?
Who knows...He is being missed! I hope he caught this move though??
  • #6,658
  • Apr 10, 2014 4:35am Apr 10, 2014 4:35am
Quoting waleed.khan
{quote} Good man! i am thinking the same...gonna set an order for 1324 with a trailing stop... good luck!
I actually didn't think to place an order.... I normally trade only while staring at my computer, something I'm slowly trying to change!!!

I've set a buy limt for 1316.5 (Just above new support) with SL at 1313 TP 1330...

  • #6,659
  • Apr 10, 2014 4:45am Apr 10, 2014 4:45am
Quoting uncletrumpet
{quote} Be careful market is getting to overbought, you may be trapped in an overbought market. With restless drawdown on your account...WAIT...this could be good for london open tommorrow...NEVER TRUST A MARKET WITH NO PULL BACK
Well said mate. While it may continue to climb, but, it doesn't make sense to buy here. Yet, if anyone wants to, trade very very light.
Hello World!
  • #6,660
  • Apr 10, 2014 4:46am Apr 10, 2014 4:46am
seems to be more hidden divergence on the 15 min chart...!
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