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Believe in Go(l)d...?

  • #21
  • Apr 15, 2014 7:22am Apr 15, 2014 7:22am
Quoting spinozagr
kind of shooting star with doji in the last two days... That implies a possible retrace of the commodity...good resistance at 32 MA.... Having also known that DXY is near at two years bottom support...it is quite possible to see lower prices in gold First target 1301... Venceremos {image}
mission accomplished before the us session begins

now have a look to a "different perspective"

The two years diagram shows clearly that 1300 is not only psichological border but also at φ=38,2 fibo...

Needless to say that i am stay out waiting to see the action price till the end of us session to design the next steps...

Happy trading
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The good thing with the future is that it is progressively approaching...
  • #22
  • Apr 15, 2014 8:11am Apr 15, 2014 8:11am
Quoting spinozagr
{quote} mission accomplished before the us session begins now have a look to a "different perspective" The two years diagram shows clearly that 1300 is not only psichological border but also at φ=38,2 fibo... Needless to say that i am stay out waiting to see the action price till the end of us session to design the next steps... Happy trading {image}
==================

Thanks for ur time + sharin !
  • #23
  • Edited 7:54pm Apr 15, 2014 7:44pm | Edited 7:54pm
FYI =
Easter (Holy Week) is the excuse, not the reason!
If you are wondering why the ranges are very tight and the pairs are
displaying erratic behavior?......
The dealers are using this time to work the crosses and hold the levels
on the major pairs.
This is a common behavior during certain holidays and summer months.
Don't get sucked into the trap because you feel that you have to take
a trade this week.
Eur/Cad, Gbp/Cad, Gbp/Jpy, Aud/Jpy, xxx/JPY, and Gold were handled
last few nights, also take a look at NZ crosses.
Do you think these countries don't recognize the Holy Week? Of
course not.
This is the reason! The dealers are building volume in majors and will
correct or rise big.
Take a look at USD/JPY Safety trades last two nights that were available
to you clean!
Only take trades that make sense !
  • #24
  • Apr 15, 2014 8:27pm Apr 15, 2014 8:27pm
ATM = http://screencast.com/t/gFuTTs5H5c
  • #25
  • Apr 15, 2014 9:08pm Apr 15, 2014 9:08pm
ATM = http://screencast.com/t/TNsCeD9IsYg
  • #26
  • Apr 17, 2014 10:16am Apr 17, 2014 10:16am
Quoting spinozagr
{quote} mission accomplished before the us session begins now have a look to a "different perspective" The two years diagram shows clearly that 1300 is not only psichological border but also at φ=38,2 fibo... Needless to say that i am stay out waiting to see the action price till the end of us session to design the next steps... Happy trading {image}
IMO, we can easily see 1250 in the next week...
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The good thing with the future is that it is progressively approaching...
  • #27
  • Apr 21, 2014 12:03am Apr 21, 2014 12:03am
How look gold today? Upside or Downtrend? in Tokyo time it is going down.... will it touch 1275?
  • #28
  • May 23, 2014 7:46pm May 23, 2014 7:46pm
Impressive Midas account mate, congrats
Are you still counter trend trading? gotta check this..
  • #29
  • May 25, 2014 5:13am May 25, 2014 5:13am
Yes, I also looking around 1230 zone, already EW (a) breakdown and EW (c) must be lower. I prefer to short at 1310 with stop 1330.
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  • #30
  • Jun 6, 2014 5:28am Jun 6, 2014 5:28am
NFP ahead

According to my chart....Waiting for a good upward movement during the US session...

Lets see if the prophesy will fullfill

Venceremos
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The good thing with the future is that it is progressively approaching...
  • #31
  • Jun 6, 2014 7:51am Jun 6, 2014 7:51am
IMO... to quantify my previous feeling...1261 should be a feasible target in the upcoming hours

Lets see

Venceremos
The good thing with the future is that it is progressively approaching...
  • #32
  • Jun 6, 2014 5:42pm Jun 6, 2014 5:42pm
Quoting spinozagr
NFP ahead According to my chart....Waiting for a good upward movement during the US session... Lets see if the prophesy will fullfill Venceremos {image}
It seems that we have movements....
  • #33
  • Jun 11, 2014 4:55pm Jun 11, 2014 4:55pm
Iraq will probably contribute in further rising in the upcoming days

Venceremos
The good thing with the future is that it is progressively approaching...
  • #34
  • Jun 12, 2014 9:36am Jun 12, 2014 9:36am
Quoting spinozagr
Iraq will probably contribute in further rising in the upcoming days Venceremos
According to my chart 1275 would probably be the first target...there, exist a beatiful bearish abcd patern

Lets see
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The good thing with the future is that it is progressively approaching...
  • #35
  • Jun 12, 2014 9:55am Jun 12, 2014 9:55am
Out of channel... back to her mother soon or later...

Time to start building shorts...

lets see
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The good thing with the future is that it is progressively approaching...
  • #36
  • Jun 12, 2014 10:07am Jun 12, 2014 10:07am
wow, bouble abcd bearish pattern

sort @1273
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The good thing with the future is that it is progressively approaching...
  • #37
  • Jun 13, 2014 1:16am Jun 13, 2014 1:16am
so far so good... under 20MA...good sign

IMO 1267-68 would be a fair price in my eyes as a first target

Venceremos
The good thing with the future is that it is progressively approaching...
  • #38
  • Jun 16, 2014 1:12pm Jun 16, 2014 1:12pm
Quoting spinozagr
wow, bouble abcd bearish pattern sort @1273 {image}
new this time H4 bearish ABCD pattern...

1267-68 remains intact as a first target...

hope that will see those prices before FOMC

Lets see

Venceremos
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The good thing with the future is that it is progressively approaching...
  • #39
  • Jun 16, 2014 4:43pm Jun 16, 2014 4:43pm
Quoting spinozagr
{quote} new this time H4 bearish ABCD pattern... 1267-68 remains intact as a first target... hope that will see those prices before FOMC Lets see Venceremos {image}
Good analysis.
  • #40
  • Jun 16, 2014 11:06pm Jun 16, 2014 11:06pm
Quoting bewayopa
{quote} Good analysis.
thanks bewayopa,

Well mission accomplished... price touched the target...

so whats next?

there many possibilities...

the safest one is to take the profit and say bye bye

why is this?

because in time frame 1hr it has begun to form a bullish white swan formation... this bullish formation has a range from 1254 to 1268...

not sure if this upward move begins from now or we will see 1254 first...

so I am out and looking for a better setup

VENCEREMOS
The good thing with the future is that it is progressively approaching...
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