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Only Gold!

  • #8,141
  • May 6, 2014 7:36am May 6, 2014 7:36am
Quoting ClockTrader
{quote} It happens for Gold, right, but, not today mate, IMHO. I don't know how to trade news, but, my key hr + volatility meter strategy suggest it should shoot before / after the news ahead.
Might not happen today but it's not far away....
  • #8,142
  • May 6, 2014 7:37am May 6, 2014 7:37am
Quoting pouyanv
{quote} Might not happen today but it's not far away....
Before it shoots $50 from current level, I think it will fall $50 first
Hello World!
  • #8,143
  • May 6, 2014 7:48am May 6, 2014 7:48am
Quoting ClockTrader
{quote} Before it shoots $50 from current level, I think it will fall $50 first
When did you decide to become a big bear? 50 points is alot...?
  • #8,144
  • May 6, 2014 7:55am May 6, 2014 7:55am
Quoting ClockTrader
{quote} Before it shoots $50 from current level, I think it will fall $50 first
Hmmm, but i see a reversal H&S on weekly, it won't come back lower than 1300
  • #8,145
  • May 6, 2014 7:56am May 6, 2014 7:56am
Quoting ClockTrader
{quote} Before it shoots $50 from current level, I think it will fall $50 first
My insides tingle when you say stuff like that.
A 1 pip gain is better than a 1 pip loss.
  • #8,146
  • May 6, 2014 7:58am May 6, 2014 7:58am
Quoting pouyanv
{quote} That's exactly what i mean No that's not hyper, it happens for gold, at the time silver rejects to go more lower IMO. if silver make a high of 19,8 then gold is high too, then silver will reach 20.6 or higher in a short time and gold follows...
hey i like that, I am going to use that.
A genius is born every minute, me I am lucky if my socks match.
  • #8,147
  • May 6, 2014 7:58am May 6, 2014 7:58am
Ukraine is moving gold.
  • #8,148
  • May 6, 2014 8:01am May 6, 2014 8:01am
Quoting waleed.khan
{quote} When did you decide to become a big bear? 50 points is alot...?
This is weird, you are forgetting I initiated test shorts on Friday and I've been saying I'll add to these by 12 pm NY ahead.
Hello World!
  • #8,149
  • May 6, 2014 8:05am May 6, 2014 8:05am
Quoting ClockTrader
{quote} This is weird, you are forgetting I initiated test shorts on Friday and I've been saying I'll add to these by 12 pm NY ahead.
That is true... but you had been optimistic on the upside too if I am not mistaken...?

Hedging???
  • #8,150
  • May 6, 2014 8:07am May 6, 2014 8:07am
Quoting waleed.khan
{quote} That is true... but you had been optimistic on the upside too if I am not mistaken...? Hedging???
Entire weekend, I kept saying, upside is pending, price was @ 1300 then, so was I wrong?

I had my test shorts open, did I ever say I'm closing them?

I trade key hrs., buy / sell several times in a session, whats that got to do with my test shorts?

Apparently, you've been reading only half of my posts.
Hello World!
  • #8,151
  • May 6, 2014 8:11am May 6, 2014 8:11am
Quoting ClockTrader
{quote} Entire weekend, I kept saying, upside is pending, price was @ 1300 then, so was I wrong? I had my test shorts open, did I ever say I'm closing them? I trade key hrs., buy / sell several times in a session, whats that got to do with my test shorts? Apparently, you've been reading only half of my posts.
No that you have been saying...no doubt! I guess I mistook your comment today to someone else when you told them not to close long as there might be upside potential... sorry my bad! I just assumed that you had become long too...
  • #8,152
  • May 6, 2014 8:20am May 6, 2014 8:20am
IMHO big trader want gold price lower, COT number show net short this week.
  • #8,153
  • May 6, 2014 8:21am May 6, 2014 8:21am
Quoting waleed.khan
{quote} No that you have been saying...no doubt! I guess I mistook your comment today to someone else when you told them not to close long as there might be upside potential... sorry my bad! I just assumed that you had become long too...
when it touched 1306, everyone here was about bears, I said it could climb until 1310, it did

then I said, this could fall until 1305, it did

then I said it could bounce from 1305-08 range, this is not working, not yet, by NY 12 pm, most prolly it won't, IF IT DOES NOT, that means that BIG BULL is silent and gone for a break, that means we are good.

This is what my speculation says.

PS: Trade Light, Trade Safe!
Hello World!
  • #8,154
  • May 6, 2014 8:27am May 6, 2014 8:27am
is anyone anticipating an impact from the yellen speech on wednesday? im short on silver & gold , at a lower price that i should have.
  • #8,155
  • May 6, 2014 8:30am May 6, 2014 8:30am
Actually, long is the way to go in the final analysis. With US Dollar Index on a broad slide, and civil war looming over the horizon in Ukraine, Gold is presently initiating an uptrend and cannot afford to sustain a prolonged downward momentum at the moment.
POSSIBILITIES ARE INFINITE, YOU CAN ACCOMPLISH ANYTHING!
  • #8,156
  • May 6, 2014 8:30am May 6, 2014 8:30am
Quoting ClockTrader
{quote} I would not be surprised if it falls $5 from 1310 and then bounces to create today's high, whatever, I'll be patient.
I think this quote is what confused me...

It seems that you might be anticipating a bigger upside move also...

& yes please you don't have to prove your right calls... You did say all those things... I don't doubt you... I actually found it impressive that call on a bounce back from 1307...! I just got misunderstood by that comment above; that's all!
  • #8,157
  • May 6, 2014 8:31am May 6, 2014 8:31am
Quoting whackdiddy
{quote} hey i like that, I am going to use that.
welcome mate, trade safe
  • #8,158
  • May 6, 2014 8:32am May 6, 2014 8:32am
Quoting chiefwarrior
Actually, long is the way to go in the final analysis. With US Dollar Index on a broad slide, and civil war looming over the horizon in Ukraine, Gold is presently initiating an uptrend and cannot afford to sustain a prolonged downward momentum at the moment.
I could not agree any more! simple and succinct analysis! It has more reasons for the upside as oppose to downside!

That being said I feel we might have an inside candle day today!
  • #8,159
  • May 6, 2014 8:32am May 6, 2014 8:32am
Quoting waleed.khan
{quote} I think this quote is what confused me... It seems that you might be anticipating a bigger upside move also... & yes please you don't have to prove your right calls... You did say all those things... I don't doubt you... I actually found it impressive that call on a bounce back from 1307...! I just got misunderstood by that comment above; that's all!
Yes mate, the SLs of my shorts been around @ 1330 since Friday. I expected it to create a today's high around 1316 or around that. Since, I can't see levels but timings only, I can't predict precise price levels.

Anyways, I'm glad its clear to us now :-)
Hello World!
  • #8,160
  • May 6, 2014 8:36am May 6, 2014 8:36am
Quoting ClockTrader
{quote} Yes mate, the SLs of my shorts been around @ 1330 since Friday. I expected it to create a today's high around 1316 or around that. Since, I can't see levels but timings only, I can't predict precise price levels. Anyways, I'm glad its clear to us now :-)
TP 1250?
A 1 pip gain is better than a 1 pip loss.
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