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  • #10,801
  • Jul 2, 2014 12:53pm Jul 2, 2014 12:53pm
I opened a short @ 21,246 on xag (kinda prefer the volatility it brings compared to xau atm) very strict stop here because im afraid when the daily candle closes it might open bulish hard (unusual but it may happen).
Even though im targeting 21,094 for a roll over and rebuy to prepare for tomorrow's bull that i strongly believe will come in hard.

If i did something wrong or too risky please let me know. I'd love to hear some insights on this trade as for my stop it might be triggered even before the daily candle closes but i'm really afraid the new data from aud tonight might flow the current money into gold/xag from aud's safeheaven trend.
  • #10,802
  • Jul 2, 2014 1:40pm Jul 2, 2014 1:40pm
Quoting Windstrown
I opened a short @ 21,246 on xag (kinda prefer the volatility it brings compared to xau atm) very strict stop here because im afraid when the daily candle closes it might open bulish hard (unusual but it may happen). Even though im targeting 21,094 for a roll over and rebuy to prepare for tomorrow's bull that i strongly believe will come in hard. If i did something wrong or too risky please let me know. I'd love to hear some insights on this trade as for my stop it might be triggered even before the daily candle closes but i'm really afraid the...
I wouldn't go for such a risky retracement, even though i expect one also, it sounds like greed to me to catch every price move, what i would do instead is wait for the correction and buy a lot there. The price behaves not very logically to me such a jump after so positive data, Non-Farm Employment Change, Unemployment Claims, Unemployment Rat, Trade Balance i expect all these to be positive or not changed tomorrow, that's why i closed my long positions on profit and will wait for a better entry point tomorrow.
  • #10,803
  • Jul 2, 2014 1:49pm Jul 2, 2014 1:49pm
Does anyone have any idea why Gold and US Dollar index are presently positively correlated?
This seems a bit strange.
POSSIBILITIES ARE INFINITE, YOU CAN ACCOMPLISH ANYTHING!
  • #10,804
  • Jul 2, 2014 1:55pm Jul 2, 2014 1:55pm
hmm thank you atom3 so you won't shot before you get a better entry point? Any reason in particular why not if you place strict s/l?
Thank you for your insight
  • #10,805
  • Jul 2, 2014 1:57pm Jul 2, 2014 1:57pm
Quoting chiefwarrior
Does anyone have any idea why Gold and US Dollar index are presently positively correlated? This seems a bit strange.
Money leaving Aud going into Gold/xag it's not about usd being positivly correlated it's just aud going down that's how i see it
  • #10,806
  • Jul 2, 2014 2:43pm Jul 2, 2014 2:43pm
Quoting Windstrown
hmm thank you atom3 so you won't shot before you get a better entry point? Any reason in particular why not if you place strict s/l? Thank you for your insight
That's just my trading style at the moment, i want to catch a big movement with the trend, not a correction so for me 22$ on silver is a good target
  • #10,807
  • Jul 2, 2014 3:21pm Jul 2, 2014 3:21pm
took long at 1325.96
  • #10,808
  • Jul 2, 2014 5:22pm Jul 2, 2014 5:22pm
from broker
also careful trading tomorrow a lot of big news. ECB moves the xauusd pair more than u.s. news seems to.

GOLD (XAUUSD)
Dominant bias: Bullish
There is an established bullish bias in this market, with the greater probability that the price will continue going higher. However, there could be some temporary pullbacks along the way which should not take price below the demand levels at 1299.00 and 1288.00 for the bullish bias to remain valid. Meanwhile, price could potentially reach the supply levels at 1333.00 and 1344.00, having resumed a northward direction following a period of consolidation in the context of the extant uptrend.

SILVER (XAGUSD)
Dominant bias: Bullish
This is also a bull market, and with a valid Bullish Confirmation Pattern on the chart. It is quite normal to find Silver moving in a positive correlation with its Gold counterpart, so it has not been surprising to watch price trying to resume its northward movement after being recently caught in an equilibrium phase – really, nothing more than a pause in the northward journey. This is normal price action - sustained trending moves are invariably punctuated with pauses, after which the trend continues. Price could potentially reach the supply zones at 22.0000 and 22.1000 during July 2014.
  • #10,809
  • Jul 2, 2014 6:03pm Jul 2, 2014 6:03pm
Quoting turk1
took long at 1325.96
130 green pips.

no more trade on gold now, taking some rest...
  • #10,810
  • Jul 2, 2014 9:32pm Jul 2, 2014 9:32pm
Gold starting to follow the Ozzie down.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: xauusdh1.png Size: 36 KB
Click to Enlarge Name: xauusdweekly.png Size: 34 KB
Money Makes Money
  • #10,811
  • Jul 2, 2014 9:52pm Jul 2, 2014 9:52pm
Quoting ClockTrader
{quote} If I go by my VSA analysis, I should be patient and buy somewhere between 1305 and 1321, BUT, since Gold has been very bullish lately, I would suggest investors to buy in a broad range: 1305 - 1325
REPEAT:

If I go by my VSA analysis, I should be patient and buy somewhere between 1305 and 1321, BUT, since Gold has been very bullish lately, I would suggest investors to buy in a broad range: 1305 - 1325
Hello World!
  • #10,812
  • Jul 2, 2014 10:34pm Jul 2, 2014 10:34pm
When I used to use my credit/debit card in the past to fund my Forex accounts, this is the email I received from my bank multiple times. Once I even received it through Post.

I never used my cards to fund Forex accounts since then. Today again I got this, not sure why again. This is for all those people (including some Indians) who had doubts about this matter. Technically, I should not use my cards to send money through Skrill etc either if I indeed wish to play safe.
Attached Image (click to enlarge)
Click to Enlarge Name: sucks.PNG Size: 141 KB
Hello World!
  • #10,813
  • Jul 3, 2014 12:50am Jul 3, 2014 12:50am
Awaiting NY morning to see if clock patterns support a long move, if not, very hopeful of long entry by NY noon.
Hello World!
  • #10,814
  • Jul 3, 2014 1:30am Jul 3, 2014 1:30am
Quoting ClockTrader
When I used to use my credit/debit card in the past to fund my Forex accounts, this is the email I received from my bank multiple times. Once I even received it through Post. I never used my cards to fund Forex accounts since then. Today again I got this, not sure why again. This is for all those people (including some Indians) who had doubts about this matter. Technically, I should not use my cards to send money through Skrill etc either if I indeed wish to play safe. {image}
This is not fair, a lot of governments do this. You should be free to do whatever you want with your money, the government already made money(tax) on your money, so you actually paid a percentage to own this money, thus there should be no restrictions on what one can do with his OWN money!!!
  • #10,815
  • Jul 3, 2014 1:44am Jul 3, 2014 1:44am
Quoting ClockTrader
When I used to use my credit/debit card in the past to fund my Forex accounts, this is the email I received from my bank multiple times. Once I even received it through Post. I never used my cards to fund Forex accounts since then. Today again I got this, not sure why again. This is for all those people (including some Indians) who had doubts about this matter. Technically, I should not use my cards to send money through Skrill etc either if I indeed wish to play safe. {image}


Tell them to go get fucked !!! ( Everyone has to do it though ) These banks globally are getting out of hand. I love there little logo with the promo "We understand your world" .
  • #10,816
  • Jul 3, 2014 1:47am Jul 3, 2014 1:47am
yes coming down..
  • #10,817
  • Jul 3, 2014 1:53am Jul 3, 2014 1:53am
Quoting rythmrig
{quote} Tell them to go get fucked !!! ( Everyone has to do it though ) These banks globally are getting out of hand. I love there little logo with the promo "We understand your world" .
Quoting lappies
{quote} This is not fair, a lot of governments do this. You should be free to do whatever you want with your money, the government already made money(tax) on your money, so you actually paid a percentage to own this money, thus there should be no restrictions on what one can do with his OWN money!!!
Never Mind fellas, its 3rd Wolrd here..
Hello World!
  • #10,818
  • Jul 3, 2014 1:53am Jul 3, 2014 1:53am
Quoting Ksth
yes coming down..
Current PA will wake the British buyers/investors in a little stress
Hello World!
  • #10,819
  • Jul 3, 2014 2:10am Jul 3, 2014 2:10am
Quoting ClockTrader
When I used to use my credit/debit card in the past to fund my Forex accounts, this is the email I received from my bank multiple times. Once I even received it through Post. I never used my cards to fund Forex accounts since then. Today again I got this, not sure why again. This is for all those people (including some Indians) who had doubts about this matter. Technically, I should not use my cards to send money through Skrill etc either if I indeed wish to play safe. {image}

List of prisons in India
From Wikipedia, the free encyclopedia
As of 31 December 2011, there are 1382 functioning™ jails in India having a total capacity to house 3,32,782 prisoners.[1]
Andhra Pradesh

  1. Chanchalguda Central Jail, Chanchalguda
  2. Cherlapally Central Jail, Cherlapally
  3. Hyderabad Jail, Hyderabad
  4. Rajahmundry Central Prison, Rajahmundry

Bihar

  1. Beur Central Jail, Patna

Karnataka

  1. Parappana Agrahara Central Jail, Bangalore[2]
  2. Sub Jail, Ramanagaram[2]
  3. Central Prison, Mysore(1862)[2]
  4. Central Prison, Bijapur (1888)[2]
  5. District Sub-Jai, Dharwad (1858)[2]
  6. District Prison, Mangalore (1850)[2]
  7. Central Prison, Bellary (1884)[2]

Kerala

  1. Central Prison, Viyyur, Thrissur
  2. Central Prison, Poojappura, Thiruvananthapuram
  3. Central Prison, Kannur
  4. Viyyur High Security Prison, Thrissur

Tamil Nadu

  1. Coimbatore Central Prison
  2. Cuddalore Central Prison
  3. Madurai Central Prison
  4. Palayamkottai Central Prison
  5. Puzhal Central Prison
  6. Tiruchirappalli Central Prison
  7. Vellore Central Prison, Vellore

Other

  1. Alipore Jail, Kolkata
  2. Arthur Road Jail, Mumbai
  3. Naini Central Prison
  4. Raipur Prison, Raipur
  5. Tihar Jail, New Delhi
  6. Yerwada Central Jail, Pune







OTHER OPTIONS!!!

  • #10,820
  • Jul 3, 2014 2:20am Jul 3, 2014 2:20am
So what happen to gold? bullish or bearish?
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