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Only Gold!

  • #8,701
  • May 15, 2014 8:02am May 15, 2014 8:02am
Quoting yingko
{quote} just pissed Super Mario cos i had +147 pips and counting just went to get a soda and boom! it almost made away with all that i had made cut me off at +68
Happens. Wish you to cover lost profit soon.
  • #8,702
  • May 15, 2014 8:05am May 15, 2014 8:05am
Quoting ClockTrader
{quote} I see solid support coming around 1290 area, lets see where price culminates around 12 pm NY. Most prolly it'll breach 1308 top of this week by this weekend. I'll let my test short stay, after all it is test to test the waves.
Further analysis says, Extreme Caution to be observed, particularly for longs for medium term. I won't trade live until the air is clear, will wait for Golden Seasons entry next month or maybe as early as late May.
Hello World!
  • #8,703
  • May 15, 2014 8:09am May 15, 2014 8:09am
Quoting yingko
{quote} just pissed Super Mario cos i had +147 pips and counting just went to get a soda and boom! it almost made away with all that i had made cut me off at +68
thats rough...

Please be careful before taking another position... we have more news on its way plus another dose of yellen later...
  • #8,704
  • May 15, 2014 8:09am May 15, 2014 8:09am
Quoting ClockTrader
{quote} Further analysis says, Extreme Caution to be observed, particularly for longs for medium term. I won't trade live until the air is clear, will wait for Golden Seasons entry next month or maybe as early as late May.
you said you were not interested in going long and that you were going to only paper trade now i see why, i really wonder if the ranging would continue that long into June. its really been a crazy and unstable week.

why did you call it Golden Season? funny i was born in June
freeze!give me all ur pips and laptop
  • #8,705
  • May 15, 2014 8:12am May 15, 2014 8:12am
Quoting yingko
what is God's name is wrong with gold. make up your mind {image}

nothing wrong with gold , theres only USD struggle for existence.
Estforex
  • #8,706
  • May 15, 2014 8:12am May 15, 2014 8:12am
Quoting yingko
what is God's name is wrong with gold. make up your mind {image}

Should go down based upon positive U.S. UE claims which have not been this low for a very long time, plus Empire State Manufacturing Index number. However, you have Yellen speaking later today and she has been talking out of both sides of her mouth in regards to the direction of interest rates. In the backround, you still have Ukraine, plus Mario Draghi suggesting some sort of ECB action in June. Gold may remain quite choppy until next month....
"The market can remain irrational longer than you can remain solvent"
  • #8,707
  • May 15, 2014 8:26am May 15, 2014 8:26am
Quoting yingko
{quote} you said you were not interested in going long and that you were going to only paper trade now i see why, i really wonder if the ranging would continue that long into June. its really been a crazy and unstable week. why did you call it Golden Season? funny i was born in June
Good Lord! I was born in June too!

Below is a link to Golden Seasons theory:

http://www.goldguru.in/blog/golden-seasons/

My theory says, you buy around June-End, sell by / in Jan, now this is tip of the iceberg, there are many details which I can't share here or in the article for certain reasons.

I've studied last 10+ yrs, another senior analyst from Germany has tested this on 30+ yrs, its good, as good as Holy Grail can be!
Hello World!
  • #8,708
  • May 15, 2014 8:39am May 15, 2014 8:39am
Anyone notice the volume bar on the 1hrly... It seems to have dwarfed all the other large dips; but still no pinbar? maybe 1290 has become a solid base support...Still to soon to say.
  • #8,709
  • May 15, 2014 8:40am May 15, 2014 8:40am
Quoting Verve
'In light of gold’s recent material rally year to date, gold may be subject to a brief consolidation to around $1,275-1,300 in the short-term. However, based solely on long-term Technical Analysis, one might see the shiny yellow top $2,315/oz by mid-2016. ' http://www.gold-eagle.com/article/go...s-china-demand Geez and i was targeting 1400s .. my broker doesnt seem to charge swap or commision on commodities, ill hold a small amount, heck 2016 thats little over a year it will fly by and ill have...
Agree with your long term trend, however, not in line with your short term long call.

Advise you to not get excited when call goes green and don't feel bad if call goes bad.
Hello World!
  • #8,710
  • May 15, 2014 8:52am May 15, 2014 8:52am
Quoting waleed.khan
Anyone notice the volume bar on the 1hrly... It seems to have dwarfed all the other large dips; but still no pinbar? maybe 1290 has become a solid base support...Still to soon to say.
up we go no pinbars
  • #8,711
  • May 15, 2014 8:53am May 15, 2014 8:53am
Quoting bonnzi
{quote} up we go no pinbars
Not sure, I have a feeling we are going to fall come the US news.
6 minutes, be careful guys.
A genius is born every minute, me I am lucky if my socks match.
  • #8,712
  • May 15, 2014 8:58am May 15, 2014 8:58am
Quoting whackdiddy
2 x long, one gold one silver sub 30 seconds $200 profit.. nice closed both
fuck
  • #8,713
  • May 15, 2014 9:00am May 15, 2014 9:00am
Quoting bonnzi
{quote} up we go no pinbars
Only thing besides ukraine issue is the stock indexes which have topped out and still continuing fall today...russell is also due for a 10% correction...But the thing with spx dow and nasdaq is that they can easily start rallying mid day or in the final hr... so one should be extra careful and vigilant while using these as cues...
  • #8,714
  • May 15, 2014 9:07am May 15, 2014 9:07am
Quoting bonnzi
{quote} fuck
trust me I was like that last night. Sacrificed $300 as my margin was going fast when it bounced to the topside.
honestly I was lucky it fell and come in line with my technicals.

Today (Thu) 57.6% A$1,487

A little trick my Dad taught me playing golf, do some bad rounds and you handicap will go up, then come comp do a stellar round and you will win the day.

So to get a high percentage pull money out of your account so when you take a little profit it looks stellar on paper...
A genius is born every minute, me I am lucky if my socks match.
  • #8,715
  • May 15, 2014 9:07am May 15, 2014 9:07am
i am going to hold to my longs for now my micro account needs substantial gains in order to grow
  • #8,716
  • May 15, 2014 9:15am May 15, 2014 9:15am
Banks are about to show their hand, this will be interesting.
1 order of bear please... lightly grilled..
A genius is born every minute, me I am lucky if my socks match.
  • #8,717
  • May 15, 2014 9:31am May 15, 2014 9:31am
Look at the drop on the M5 attached. If bulls do not break through we might be in for nice bear run.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 39 KB
A genius is born every minute, me I am lucky if my socks match.
  • #8,718
  • May 15, 2014 9:32am May 15, 2014 9:32am
Quoting bonnzi
i am going to hold to my longs for now my micro account needs substantial gains in order to grow
not a bad idea..as long as you are not heavy long...
The 4hr has posted something that close to a pinbar... so good chance of going higher and testing resistance...

To play safe entry should have been above the high of the 4hr candle...
  • #8,719
  • May 15, 2014 9:41am May 15, 2014 9:41am
Trying hard to eat up heavy Supply right now at 1300-1301

Attached Image
SPC * Swollen PocketZ Crew!
  • #8,720
  • May 15, 2014 10:58am May 15, 2014 10:58am
Way too much supply,,,, Gold Ba bye to the line
SPC * Swollen PocketZ Crew!
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