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  • #8,001
  • May 5, 2014 1:29am May 5, 2014 1:29am
From the moment the 4H candle closed above 1304,I suspected that gold has turned bullish,let's just watch and see !
  • #8,002
  • May 5, 2014 1:51am May 5, 2014 1:51am
Quoting Superchor
{quote} It's not been that long since I have started looking into trendline breaks or say trading forex itself. But my point of view is the way price is being rejected from that support thrice. And the trendline break. It could test 1330 yet again.
It took me like 10 - 15 min to pick false daily breakouts, it seems the positive breakouts were more, thought I should give you a chance to do that :-)

I'm not against the view that upside is pending, but, I think its limited, lets see how NY session performs.
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  • #8,003
  • May 5, 2014 2:30am May 5, 2014 2:30am
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closing short and open long as price touches the 10 ema in white as the trend looks long,,emas crossed over a break of 1308, makes it more clear but lets se what happens waiting to confirm now
  • #8,004
  • May 5, 2014 3:18am May 5, 2014 3:18am
a bat pattern is forming in daily.............maybe 1398 or 1411 destination.........then retrace again..valid only when 1331 crosses strongly..
Nothing Is Certain In The Universe
  • #8,005
  • May 5, 2014 3:40am May 5, 2014 3:40am
Quoting ClockTrader
{quote} It took me like 10 - 15 min to pick false daily breakouts, it seems the positive breakouts were more, thought I should give you a chance to do that :-) I'm not against the view that upside is pending, but, I think its limited, lets see how NY session performs. {image}
I don't see anything wrong with those breakouts being failed or worked out. Or my Pea sized brain might be interpreting them circles wrong.
  • #8,006
  • May 5, 2014 3:43am May 5, 2014 3:43am
gold have correction move for a while.. don't know it will retest 13xx and then fall to 1240.. gold has a range move.. so i'm still not sure it will go for up or down..
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  • #8,007
  • May 5, 2014 4:00am May 5, 2014 4:00am
Resistance within 7-21 days. 1318 and 1368
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  • #8,008
  • May 5, 2014 4:10am May 5, 2014 4:10am
scalp back short 1314
  • #8,009
  • May 5, 2014 4:15am May 5, 2014 4:15am
Quoting elbert3
{quote} sorry read my past posts,, no time now as target coming up,, i will be looking to long if it gets to the bottom, just took 90% off lets see if it gets ther 1275 area,, in the next 15 min , then i will be buying it on the 5 min chart all off just in time 1315 now
missed some of the trade above, gone short now scalp at this time
  • #8,010
  • May 5, 2014 4:19am May 5, 2014 4:19am
Quoting elbert3
scalp back short 1314
If next H4 Candle turns back and closes below that line. I might short some too. Till then I am keeping my demo money safe.

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  • #8,011
  • May 5, 2014 4:26am May 5, 2014 4:26am
Quoting elbert3
scalp back short 1314
U mean no more long now?
  • #8,012
  • May 5, 2014 4:26am May 5, 2014 4:26am
im waiting it break 1311 support line. if it break, will follow sell. if it dont, follow buy until touching fibo 161.8. my view is my risk.
Trade with my own risk..
  • #8,013
  • May 5, 2014 4:51am May 5, 2014 4:51am
Quoting Ramii
{quote} U mean no more long now?
scalp means short trade , then i will be looking long
  • #8,014
  • May 5, 2014 5:34am May 5, 2014 5:34am
Do you agree with me ?
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  • #8,015
  • May 5, 2014 5:37am May 5, 2014 5:37am
big wave long long ??


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Timing
  • #8,016
  • May 5, 2014 5:47am May 5, 2014 5:47am
My view for Daily chart..

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  • #8,017
  • May 5, 2014 5:52am May 5, 2014 5:52am
Quoting Superchor
{quote} If next H4 Candle turns back and closes below that line. I might short some too. Till then I am keeping my demo money safe. {image}
:-)

I hope it peaks out by 12 pm NY, nevertheless, lets get ready for adventure ahead.
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  • #8,018
  • May 5, 2014 5:56am May 5, 2014 5:56am
I would like to stay cautious and be patient with my test shorts until 12 pm NY.
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  • #8,019
  • May 5, 2014 5:57am May 5, 2014 5:57am
Quoting andexQ
My view for Daily chart.. {image}
I think that gold can break well above the 1.320 level with this geopolitical tension going on with Russia and Ukraine.
Want to learn more: HTO Trading
  • #8,020
  • May 5, 2014 6:08am May 5, 2014 6:08am
as planed

opend a short now hope it works out...

Btw i think we will test atleast 1305 and 1300 in NY session
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