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Only Gold!

  • #7,321
  • Apr 20, 2014 5:43am Apr 20, 2014 5:43am
Friday to Monday all the way, continuous 4 days off for the Market? And again this coming Friday off!!!
  • #7,322
  • Apr 20, 2014 6:35am Apr 20, 2014 6:35am
Any opinion about the gap up on friday and then moved down again? any pro candle-stick reader? I read somewhere before that this is a sign of a bearish reversal from uptrend, but since we're on a downtrend before, I'm not sure how to interpret that....

What I can infer is hopefully the downward momentum still exists....(cos I'm holding short)
but again, maybe I'm shouldn't read too much into semi-holiday friday...
  • #7,323
  • Apr 20, 2014 6:41am Apr 20, 2014 6:41am
Quoting rattyo
London isnt open monday keep in mind.
But, Forex is supposed to re-open at normal time, rt?

Quoting Pair-me-up
{quote} Which Broker is a reliable and honest broker from your experience or experience of some of your peers?
FxPro
Avatrade

Pick any average good broker, sign up for demo, check their history for fake spikes, if good, sign up for real.
Hello World!
  • #7,324
  • Apr 20, 2014 6:47am Apr 20, 2014 6:47am
Quoting raianil007
{quote} Its ok, but this was a move up & a sudden down. so its red. well even am not sure about this chart. so just a guess to be honest.
The way I see, this is yet another scamming trick, they moved the price up to hit the SLs, brought it down back, nobody could take profit since this is all happening during holidays, but people did lose money with this fake spike.

Most prolly, the re-opening would be at same price, few dollar up/down.
Hello World!
  • #7,325
  • Apr 20, 2014 10:37am Apr 20, 2014 10:37am
anyone bullish on gold this week? if so, why? (technical only, apart from news and fundamental)
and how high do you think it can go?
  • #7,326
  • Apr 20, 2014 1:12pm Apr 20, 2014 1:12pm
Quoting ClockTrader
{quote} The way I see, this is yet another scamming trick, they moved the price up to hit the SLs, brought it down back, nobody could take profit since this is all happening during holidays, but people did lose money with this fake spike. Most prolly, the re-opening would be at same price, few dollar up/down.
Hmmn interesting! I still believe the bulls will win this war
  • #7,327
  • Apr 20, 2014 2:01pm Apr 20, 2014 2:01pm
the spike on friday was the known Dirac impulse
  • #7,328
  • Edited 5:36pm Apr 20, 2014 3:51pm | Edited 5:36pm
I collected what Nitsan Levis Posted in different threads (his charts and explanations ) and made PDFs from it. (No commercial content)
For educational purpose only !
Anybody who wants to learn from it send me PM.

File is too big, i am not able to attach here


Trade Well !
  • #7,329
  • Apr 20, 2014 4:03pm Apr 20, 2014 4:03pm
hello to all
i am long on gold and platinum since lasr friday but i am i wrong directiion now ..somebody have ideas to where precious metals going ?
3nx
  • #7,330
  • Apr 20, 2014 5:18pm Apr 20, 2014 5:18pm
Quoting uncletrumpet
{quote} Hmmn interesting! I still believe the bulls will win this war
long term yes, if you wanna open one long position for months, ok...
right now sentiment in gold is very bearish, even with Ukraine crisis has been unable to rally,

let see how $1266 strong support holds.
  • #7,331
  • Apr 20, 2014 5:32pm Apr 20, 2014 5:32pm
If this idiot called Putin des ot go mad thengold may pullba and give us shorted good profit. i cloed half on my short and sl to entry. I am looking at 1280 breaks I will add to my short
  • #7,332
  • Apr 20, 2014 5:36pm Apr 20, 2014 5:36pm
Quoting forexer11
hello to all i am long on gold and platinum since lasr friday but i am i wrong directiion now ..somebody have ideas to where precious metals going ? 3nx
I am not a guru. So ignore my idea. If I hold gold I receive nothing in return. If I old good stock I receive DIV. If things are getting better in the US and in the UK I would rather hold good stocks.
  • #7,333
  • Apr 20, 2014 5:38pm Apr 20, 2014 5:38pm
ok show is over, lets go up...
  • #7,334
  • Apr 20, 2014 6:00pm Apr 20, 2014 6:00pm
my targets are 1365, 15xx and 2700$...
  • #7,335
  • Apr 20, 2014 6:26pm Apr 20, 2014 6:26pm
Quoting Polaris4dy
anyone bullish on gold this week? if so, why? (technical only, apart from news and fundamental) and how high do you think it can go?
COT show slightly bullish.
  • #7,336
  • Apr 20, 2014 7:10pm Apr 20, 2014 7:10pm
ready to hit short again if there is no war story.
  • #7,337
  • Apr 20, 2014 7:22pm Apr 20, 2014 7:22pm
Quoting prototip
my targets are 1365, ...
where are we? we are here. where are we going? ...
  • #7,338
  • Apr 20, 2014 7:32pm Apr 20, 2014 7:32pm
limit sell filled sl 1306
  • #7,339
  • Apr 20, 2014 8:02pm Apr 20, 2014 8:02pm
closed it I WANT BETTER PRICE FOR MY SHORT
  • #7,340
  • Apr 20, 2014 8:19pm Apr 20, 2014 8:19pm
there is a pos divergence on 60 min so no more sell limit.
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