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  • #9,641
  • Jun 4, 2014 8:35am Jun 4, 2014 8:35am
gold weekly shows reversal support pretty clearly...... ??? where will it go if it breaks thru..??? bounce would be good tho
Attached Image (click to enlarge)
Click to Enlarge Name: XAU USD WEEKLY.jpg Size: 100 KB
Whats That? you're trading What?
  • #9,642
  • Jun 4, 2014 8:39am Jun 4, 2014 8:39am
Quoting Qed
must have been something happened ,,, I had gap up spike on xauusd to 1249(approx ) on "go markets" but it came back 1246 (approx) next candle
That spikenis true. It go to 1249 when the non farm report announce, then it go back.
  • #9,643
  • Jun 4, 2014 8:53am Jun 4, 2014 8:53am
Quoting devin90
{quote} Had a similar thing with IcMarkets Ctrader..i hope they refund {image}
thats so messed up id be calling the broker and pranking them all day
let us know the outcome
  • #9,644
  • Jun 4, 2014 9:17am Jun 4, 2014 9:17am
I salute those who had been on the sidelines today...such a confused & choppy market....
  • #9,645
  • Jun 4, 2014 9:22am Jun 4, 2014 9:22am
Quoting waleed.khan
I salute those who had been on the sidelines today...such a confused & choppy market....
Reentered my shorts, could not resist it. Looks like it is still ranging, looking to unload a part around 1241- maybe a break?
Attached Image (click to enlarge)
Click to Enlarge Name: goldshort.PNG Size: 13 KB
  • #9,646
  • Jun 4, 2014 9:26am Jun 4, 2014 9:26am
Quoting TudorJonesJR
{quote} Reentered my shorts, could not resist it. Looks like it is still ranging, looking to unload a part around 1241- maybe a break? {image}

Good luck.. last 2 or 3 candles on the 1 hr look promising... but then looking at silver and usd index reaction... I don't know...


Even though I've been really looking for the downside also... You never know I may just join again later...
  • #9,647
  • Jun 4, 2014 9:28am Jun 4, 2014 9:28am
Quoting TudorJonesJR
{quote} Reentered my shorts, could not resist it. Looks like it is still ranging, looking to unload a part around 1241- maybe a break? {image}
what i see its like a Train whos stopping momentum to make a reversal, that spike up and reversal look pretty normal, we are bouncing in the superior part of the Triangle.
  • #9,648
  • Jun 4, 2014 9:30am Jun 4, 2014 9:30am
Quoting waleed.khan
{quote} Good luck.. last 2 or 3 candles on the 1 hr look promising... but then looking at silver and usd index reaction... I don't know... Even though I've been really looking for the downside also... You never know I may just join again later...
Yes silver looking really strong for the minute, but EURUSD looking really weak and Gold is following we could see a good retest before tomorrow. I think allot of people where cought of guard after the upmove this morning, therefore could gain enough momentum to break. But for the minute this is pure a ranging trade.
  • #9,649
  • Jun 4, 2014 9:42am Jun 4, 2014 9:42am
Quoting TudorJonesJR
{quote} I think allot of people where cought of guard after the upmove this morning, therefore could gain enough momentum to break. But for the minute this is pure a ranging trade.
Makes sense...
  • #9,650
  • Jun 4, 2014 10:22am Jun 4, 2014 10:22am
Quoting Arshamv
I am on sell today 1246 and waiting for 300 pip,we will see it this afternoon
I am out with 250 pip tp
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm11.png Size: 52 KB
  • #9,651
  • Jun 4, 2014 11:07am Jun 4, 2014 11:07am
Bear and Bull tug of war continues..
Hello World!
  • #9,652
  • Jun 4, 2014 11:31am Jun 4, 2014 11:31am
As you can see on the chart, there are 3 consequent patterns have been formed. The capital ABCD are Butterfly and Deep Crab patterns which is expected to see a demand rise up by having its time fulfilled around $1239-$1248.

http://forex-fa14.blogspot.com

Attached Image (click to enlarge)
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  • #9,653
  • Jun 4, 2014 11:36am Jun 4, 2014 11:36am
Quoting shakiba
As you can see on the chart, there are 3 consequent patterns have been formed. The capital ABCD are Butterfly and Deep Crab patterns which is expected to see a demand rise up by having its time fulfilled around $1239-$1248. http://forex-fa14.blogspot.com {image}

I've recently added harmonics to my arsenal; so I could be wrong... but I think there might be a gartley possibility in the 1212-18 range... and a little further down at 88.6 area a possibility for a bat on the daily chart...

Can you please verify this and see if there is any sense to this?
  • #9,654
  • Jun 4, 2014 12:09pm Jun 4, 2014 12:09pm
In friday we have fun LOL
  • #9,655
  • Jun 4, 2014 1:06pm Jun 4, 2014 1:06pm
Vantage FX UK refunded and reinstated all loses from XAUUSD, great support. I imagine brokers have technical issues like many of us with normal computers. So no harm done.
There is no spoon....
  • #9,656
  • Jun 4, 2014 1:56pm Jun 4, 2014 1:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: goldwed.png Size: 99 KB
i have a buy 37 price might just drop and jump up i had a long from 41 but wass pp at 45, so looking to get back in at 37
  • #9,657
  • Jun 4, 2014 2:57pm Jun 4, 2014 2:57pm
Quoting TudorJonesJR
{quote} Reentered my shorts, could not resist it. Looks like it is still ranging, looking to unload a part around 1241- maybe a break? {image}
looks like bear is taking a break..for some reason, I don't dare to enter the ranging market recently...
in the past, would have loved it and made lots of pips in this condition. now fear > greed maybe

I set a small buy limit at 1241 and see how it pans out
trade safe, good luck!
  • #9,658
  • Jun 4, 2014 2:59pm Jun 4, 2014 2:59pm
Quoting waleed.khan
{quote} Good luck.. last 2 or 3 candles on the 1 hr look promising... but then looking at silver and usd index reaction... I don't know... Even though I've been really looking for the downside also... You never know I may just join again later...
yeah mate, I have bearish view too..maybe the NFP this friday will set a clearer direction (or more precisely, accelerate the price to any technical target levels)
  • #9,659
  • Jun 4, 2014 3:29pm Jun 4, 2014 3:29pm
Quoting Polaris4dy
{quote} yeah mate, I have bearish view too..maybe the NFP this friday will set a clearer direction (or more precisely, accelerate the price to any technical target levels)

Yeah...hopefully! Don't forget about the ECB interest rate conference tomorrow...that could potentially move the market too!

This consolidation on the 1hr chart has started looking a lot like the horrid one on the daily chart that we recently went through...

GL!
  • #9,660
  • Jun 4, 2014 3:33pm Jun 4, 2014 3:33pm
Quoting waleed.khan
{quote} Yeah...hopefully! Don't forget about the ECB interest rate conference tomorrow...that could potentially move the market too! This consolidation on the 1hr chart has started looking a lot like the horrid one on the daily chart that we recently went through... GL!
yeah man, will probably exit my EUR/USD short or set SL to zero before that..
exciting days ahead
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