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Only Gold!

  • #8,201
  • May 6, 2014 4:33pm May 6, 2014 4:33pm
Quoting waleed.khan
{quote} No problem... If you are just starting out; I encourage you to read a few books on trading! so that you understands the ins and outs of TA, Risk management and especially individual (personal) psychology!
well done you gave a lot of time to that trader,, i have posted earlier,some ways that i trade, not that its great ??? lol still lose ?? and had some feed back from traders , this is nice to know that we all can help each other ,, but i do stress any trades has to be their own making,, regards E
  • #8,202
  • May 6, 2014 5:19pm May 6, 2014 5:19pm
Quoting elbert3
{quote} well done you gave a lot of time to that trader,, i have posted earlier,some ways that i trade, not that its great ??? lol still lose ?? and had some feed back from traders , this is nice to know that we all can help each other ,, but i do stress any trades has to be their own making,, regards E
I can sympathize with new traders; especially those who have the courage to reach out! because when i started I never did...I only wish I had; would have learned things much faster! & secondly the markets were flat..so why not

and yes you are so right about trading at your own peril...This is a quote from market wizards (the bible for any trader) “If you listen to anyone else's opinion, no matter how skillful or smart a trader might be, I guarantee it is going to end badly" JC i mean JS (jack Schwager)..lol!
Take it easy GL!

Seems like gold will have an up day tomorrow...?!
  • #8,203
  • May 6, 2014 7:49pm May 6, 2014 7:49pm
Looks like a logic was @ work when my interest in shorts fell way down at 12 pm NY during last session. Gold right now @ 1210 and appears climbing.

I've been posting a lot lately, last few days in particular, takes focus off the trades. I'm gonna try post lesser here for remainder week. Thank you all for contribution here, please keep sharing / posting.

Quoting waleed.khan
{quote} Yeah...Price has gone flat for the time being! Its an inside candle on the day...the price should continue up tomorrow. Although a retracement is due at some time too... so one has to be careful! On the daily chart the bullish news is that price is above 200sma but below 50 sma. ( I think this is where the confusion lies...) At some point the price has to break out of this congestion...
Quoting ClockTrader
About time, 12 pm NY I would suggest tread with caution, trade ultra light, if you wish to test shorts. Unfortunately, it does not look like an exciting opportunity to test shorts anymore. I have already mitigated risk from my test shorts and kind of on sidelines. Its your money, you are the best judge on how to handle it. Trade light, trade safe. Wish you all a good one.
Hello World!
  • #8,204
  • May 6, 2014 7:53pm May 6, 2014 7:53pm
Quoting ClockTrader
Looks like a logic was @ work when my interest in shorts fell way down at 12 pm NY during last session. Gold right now @ 1210 and appears climbing. I've been posting a lot lately, last few days in particular, takes focus off the trades. I'm gonna try post lesser here for remainder week. Thank you all for contribution here, please keep sharing / posting. {quote} {quote}
Yeah...that was a good call! But today apparently yellen speaks so I don't know...? maybe we gonna hit 1317-20 levels by london and then start descending back to 1300-1310 range...

Good luck!
  • #8,205
  • May 6, 2014 8:39pm May 6, 2014 8:39pm
Quoting ClockTrader
Looks like a logic was @ work when my interest in shorts fell way down at 12 pm NY during last session. Gold right now @ 1210 and appears climbing. I've been posting a lot lately, last few days in particular, takes focus off the trades. I'm gonna try post lesser here for remainder week. Thank you all for contribution here, please keep sharing / posting. {quote} {quote}
I was doing the same thing on the AUDUSD forum, posting way too much and not taking care of number one. Funny thing was I found myself over analyzing my posts and almost going against what I had posted. So I was making everybody else rich and I was taking losses.
A genius is born every minute, me I am lucky if my socks match.
  • #8,206
  • May 6, 2014 9:20pm May 6, 2014 9:20pm
long gold.
what are your trade ideas to get in and out og the market?
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he, alone, was to blame for his losses in the zero-sum game
  • #8,207
  • May 6, 2014 9:23pm May 6, 2014 9:23pm
what would you when you see a candle like this one?
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he, alone, was to blame for his losses in the zero-sum game
  • #8,208
  • May 6, 2014 9:48pm May 6, 2014 9:48pm
Quoting comoestas
what would you when you see a candle like this one? {image}
Go long! two pull ups... only suggests a lot of support...
  • #8,209
  • May 6, 2014 9:54pm May 6, 2014 9:54pm
Gold will be down from my point of view >>>>>>>>>>>>>> Chart show the %
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  • #8,210
  • May 7, 2014 12:47am May 7, 2014 12:47am
Quoting Johnsaba
Gold will be down from my point of view >>>>>>>>>>>>>> Chart show the % {image}
i don't think so . the long will get the momentum if the price hold the support 1300 . from the Asian moning time ,it seem that 1308 is a good support .
  • #8,211
  • May 7, 2014 2:56am May 7, 2014 2:56am
any clue how to get in position now guys?
  • #8,212
  • May 7, 2014 3:11am May 7, 2014 3:11am
first 2 trades were stopped out with loses. Typical :-)

Now long with London open and with bullish outside bar on the hourly chart. Let's see what happens.
  • #8,213
  • May 7, 2014 3:17am May 7, 2014 3:17am
Watch for double top on the H4.
A genius is born every minute, me I am lucky if my socks match.
  • #8,214
  • May 7, 2014 3:27am May 7, 2014 3:27am
See a potential strong bear movement coming up in the next two hours. Coupled with Yellens "Smooth sailing, don't change course" expected later on it will give strength to the existing bear movement.

Just my two cents.
A genius is born every minute, me I am lucky if my socks match.
  • #8,215
  • May 7, 2014 3:28am May 7, 2014 3:28am
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  • #8,216
  • May 7, 2014 4:49am May 7, 2014 4:49am
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Ro IMRAN Ro
  • #8,217
  • May 7, 2014 6:04am May 7, 2014 6:04am
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trade as you see it
  • #8,218
  • May 7, 2014 6:55am May 7, 2014 6:55am
Quoting whackdiddy
Watch for double top on the H4.
isnt it already formed on the m15?
  • #8,219
  • May 7, 2014 7:02am May 7, 2014 7:02am
Quoting bonnzi
{quote} isnt it already formed on the m15?
My post was like three hours ago when the double top was just forming.

Now waiting for the break of support at the 1308 level.
A genius is born every minute, me I am lucky if my socks match.
  • #8,220
  • May 7, 2014 7:23am May 7, 2014 7:23am
already break the support 1308...let's see if it can break 1300
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