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All Majors and Gold

  • #10,301
  • Jul 2, 2014 12:59am Jul 2, 2014 12:59am
Quoting namaus
{quote} Sorry, short squeeze means what?. Tks
Short squeezes result when short sellers cover their positions.
  • #10,302
  • Jul 2, 2014 1:57am Jul 2, 2014 1:57am
Hi
G/Scott

I am looking at this on Weekly. AB=CD

Quoting gnomoneey
is this possible? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 070214xauusdweekly.png Size: 47 KB
  • #10,303
  • Jul 2, 2014 6:31am Jul 2, 2014 6:31am
adp nfp effect on gold?
  • #10,304
  • Jul 2, 2014 7:00am Jul 2, 2014 7:00am
Quoting amansuri1
adp nfp effect on gold?
Its red therefore significant.....good gold down, bad gold up....

but most important one is tomorrow's (not Friday as usa holiday) non-farm employment change
Wooooohooooo or Boooooohooooo
  • #10,305
  • Jul 2, 2014 7:21am Jul 2, 2014 7:21am
Quoting gnomoneey
{quote} Its red therefore significant.....good gold down, bad gold up.... but most important one is tomorrow's (not Friday as usa holiday) non-farm employment change
adp 281k ....strong job market
Wooooohooooo or Boooooohooooo
  • #10,306
  • Jul 2, 2014 7:22am Jul 2, 2014 7:22am
unbelievable tha it won't go under 1325 i just don't get it
  • #10,307
  • Jul 2, 2014 7:22am Jul 2, 2014 7:22am
Quoting gnomoneey
gold current 1327.09 bought 1327.09 sl 1323 tp 1333
closed with $2 loss at 1325.05
Wooooohooooo or Boooooohooooo
  • #10,308
  • Jul 2, 2014 7:26am Jul 2, 2014 7:26am
Quoting Ck87
unbelievable tha it won't go under 1325 i just don't get it
there you go
Wooooohooooo or Boooooohooooo
  • #10,309
  • Jul 2, 2014 7:26am Jul 2, 2014 7:26am
Finally…..
  • #10,310
  • Jul 2, 2014 7:27am Jul 2, 2014 7:27am
Quoting gnomoneey
{quote} adp 281k ....strong job market
we should therefore see a positive number for nfp tomorrow and gold dropping more
Wooooohooooo or Boooooohooooo
  • #10,311
  • Edited 7:43am Jul 2, 2014 7:28am | Edited 7:43am
This could definitely just be the start of a bigger sell off…


Thankfully did not get greedy and took my profit right near the lows… right above my TP..

Still could go lower and probably back down there some point today… maybe go for another short/scalp
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-07-02 at 6.41.46 AM.png Size: 567 KB
  • #10,312
  • Jul 2, 2014 8:02am Jul 2, 2014 8:02am
Quoting gnomoneey
{quote} we should therefore see a positive number for nfp tomorrow and gold dropping more
but as you see now every one would be aware of tom result, so you never know that they might just shoot it up, we have seen it previously
  • #10,313
  • Jul 2, 2014 9:46am Jul 2, 2014 9:46am
Quoting amansuri1
{quote} but as you see now every one would be aware of tom result, so you never know that they might just shoot it up, we have seen it previously
what about yellen talking and putting gold lower but first raise it higher....
Wooooohooooo or Boooooohooooo
  • #10,314
  • Jul 2, 2014 9:54am Jul 2, 2014 9:54am
u r right but i am pretty confused myself, as monthly time frame leads to higher highs but intraday is shit
  • #10,315
  • Jul 2, 2014 10:21am Jul 2, 2014 10:21am
Im in short
Attached Image
fokyou forexfactory
  • #10,316
  • Edited 11:23am Jul 2, 2014 10:33am | Edited 11:23am
Quoting gnomoneey
{quote} what about yellen talking and putting gold lower but first raise it higher....
As predicted. Up then down.
But we are still ranging.
Wooooohooooo or Boooooohooooo
  • #10,317
  • Jul 2, 2014 4:19pm Jul 2, 2014 4:19pm
Quoting DNTme
Im in short {image}
Wooooohooooo or Boooooohooooo
  • #10,318
  • Jul 2, 2014 10:17pm Jul 2, 2014 10:17pm
buy gold now

Attached Image (click to enlarge)
Click to Enlarge Name: xauusdjuly32014h1deepcrab.png Size: 129 KB
Wooooohooooo or Boooooohooooo
  • #10,319
  • Jul 2, 2014 11:22pm Jul 2, 2014 11:22pm
Quoting gnomoneey
buy gold now {image}
I guess not valid.......
Wooooohooooo or Boooooohooooo
  • #10,320
  • Jul 2, 2014 11:28pm Jul 2, 2014 11:28pm
It may bounce off of S1. Opened a long at cmp with a tight sl.
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