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  • #7,921
  • May 2, 2014 9:36am May 2, 2014 9:36am
Quoting EatPIPs
Good weekend all.
Same to you..

but the week aint over as yet...bullish bias is still not confirmed...

Best to stay out...until major support resistence (range bound levels are breached)

Best to keep an open mind rather than being blindly biased!
  • #7,922
  • May 2, 2014 9:43am May 2, 2014 9:43am
I had a feeling NY would pull this. They'll take out the SL of traders, and then the price will drop.
"The market can remain irrational longer than you can remain solvent"
  • #7,923
  • May 2, 2014 9:47am May 2, 2014 9:47am
it seems like the market is tunnel visioned these days!

Rather than taking account and pricing all things at once...

It seem to look at things one at a time... GOOD NFP - Price down
... OH shit UKRAINE still matters... PRICE Up
  • #7,924
  • May 2, 2014 9:48am May 2, 2014 9:48am
Gold will come down to 1285 level and continue climb from there
  • #7,925
  • May 2, 2014 9:51am May 2, 2014 9:51am
Quoting anton.olff
I had a feeling NY would pull this. They'll take out the SL of traders, and then the price will drop.
Yeah great case for that!

HFT trading....looking at order flow and all these buy stops and sell stop orders! cashing in!!
  • #7,926
  • May 2, 2014 9:55am May 2, 2014 9:55am
Quoting anton.olff
I had a feeling NY would pull this. They'll take out the SL of traders, and then the price will drop.
It looks fake, but price is real.

It will drop, but, it needs to peak out first.
Hello World!
  • #7,927
  • May 2, 2014 9:58am May 2, 2014 9:58am
Quoting ClockTrader
{quote} It looks fake, but price is real. It will drop, but, it needs to peak out first.
and I expect this to peak out by London morning and that's when I wear shorts, the summers are already in.
Hello World!
  • #7,928
  • May 2, 2014 10:00am May 2, 2014 10:00am
Quoting workingforex
{quote} No offense but I see it moving to 1305 and then above, may be short-term view. Meanwhile, if we see something coming out of Ukraine, might see these levels soon. It has been range bound for some time now, still of bullish bias on Gold at the minute but things change rapidly here, so have to adjust accordingly. As they safe, play safe!

Still Valid!
  • #7,929
  • May 2, 2014 10:11am May 2, 2014 10:11am
it wasnt my week this week...
have nice weekend
Attached Image (click to enlarge)
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  • #7,930
  • May 2, 2014 10:13am May 2, 2014 10:13am
Damn, damn, damn!
Picked wrong 2 days for small trip
Lost all the fun.
Hope every short term trader here had good profits!
Have a good weekend !
  • #7,931
  • May 2, 2014 10:18am May 2, 2014 10:18am
whats going on with gold guys?? is it ukraina efect again?
  • #7,932
  • May 2, 2014 10:23am May 2, 2014 10:23am
NEW YORK (MarketWatch)-The United Nations Security Council will hold an emergency meeting at noon Eastern time to discuss Ukraine at the behest of Russia, according to press reports. Russia wants to discuss the "serious escalation of violence in Ukraine," according to AFP. This would be the security council's 13th meeting on Ukraine since the start of the crisis. On Friday, Ukraine launched a military operation to regain control of the pro-Russian separatist stronghold of Slovyansk.

sourch : http://www.marketwatch.com/story/un-...ine-2014-05-02
  • #7,933
  • May 2, 2014 10:24am May 2, 2014 10:24am
Quoting thiando
whats going on with gold guys?? is it ukraina efect again?
It is something else, if Ukarine is the reason then why Oil is not moving at all.
  • #7,934
  • May 2, 2014 10:26am May 2, 2014 10:26am
lol wtf, why gold is above $1300 with today data,

taking my first short at $1302 tp $1285 .
  • #7,935
  • May 2, 2014 10:30am May 2, 2014 10:30am
Quoting hamidshah.pk
{quote} It is something else, if Ukarine is the reason then why Oil is not moving at all.
hmm yea you is right brother.. may just shock therapy from big daddy
  • #7,936
  • May 2, 2014 10:30am May 2, 2014 10:30am
Quoting acidguy
lol wtf, why gold is above $1300 with today data, taking my first short at $1302 tp $1285 .
Ukraina news.
  • #7,937
  • May 2, 2014 10:31am May 2, 2014 10:31am
Quoting acidguy
lol wtf, why gold is above $1300 with today data, taking my first short at $1302 tp $1285 .
Tensions in ukraine mate, I suggest you not to take shorts, price could touch 1330 today! if not today it will in next week,
  • #7,938
  • May 2, 2014 10:38am May 2, 2014 10:38am
Quoting pouyanv
{quote} Tensions in ukraine mate, I suggest you not to take shorts, price could touch 1330 today! if not today it will in next week,
Ukraine has been in radar all these days, if this were the case, Euro would be tumbling and Gas Prices NG would be rising and look at them,
looks like a fake uptrend to catch people long.
  • #7,939
  • May 2, 2014 10:38am May 2, 2014 10:38am
Quoting hamidshah.pk
{quote} It is something else, if Ukarine is the reason then why Oil is not moving at all.
Well Brent is a better gauge for the ukraine crisis... and that looks like it is going up...
  • #7,940
  • May 2, 2014 10:40am May 2, 2014 10:40am
http://www.marketwatch.com/story/gol...ort-2014-05-01
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