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Only Gold!

  • #10,901
  • Jul 3, 2014 11:59pm Jul 3, 2014 11:59pm
Quoting atom3
{quote} It will be 17:30 London time since US markets won't work
Thanks mate!The thread looks sleepy today, price looks sleepy too, hope some spiky action later today.
Hello World!
  • #10,902
  • Jul 4, 2014 3:37am Jul 4, 2014 3:37am
Quoting turk1
i wanna ask something, is it possible to do scalping in gold?
Everything is possible, but forget about it under summertime conditions.
  • #10,903
  • Jul 4, 2014 3:52am Jul 4, 2014 3:52am
Quoting ClockTrader
{quote} Thanks mate!The thread looks sleepy today, price looks sleepy too, hope some spiky action later today.
Yes all seem in holiday mode today.

As per your query see if these links help.

Friday 4th July 2014:

NYSE: In Observance Of The July 4th US Independence Day Holiday, All NYSE Group Exchanges Will Be Closed On Friday July 4 2014 https://beta.nyse.com/markets/hours-calendars
And http://www.nyse.com/pdfs/2014_06_26_...e_Day_Arca.pdf

Eurex Is Closed For Trading In Brazilian, Canadian And US Equity Derivatives http://www.eurexchange.com/exchange-...y-regulations/

CME Group: http://www.cmegroup.com/tools-inform...iday-calendar/ And http://www.cmegroup.com/tools-inform...y-schedule.pdf

ICE: https://globalderivatives.nyx.com/en.../trading-hours
  • #10,904
  • Jul 4, 2014 4:15am Jul 4, 2014 4:15am
Quoting ClockTrader
{quote} I am trading seasons mate. Its too early to talk about TP, yet, on a tentative note, I think this should hit 1450 or somewhere around that or maybe even above that by mid of Aug.
fully agree..my system show

* 1389.50
* 1446.34
* 1508.74

but that would take a month or two (likely end of august mid september)

i took long from 1317.80 & 1319.17 now only if i would have patience to get those upper number
fokyou forexfactory
  • #10,905
  • Jul 4, 2014 6:13am Jul 4, 2014 6:13am
Quoting DNTme
{quote} fully agree..my system show * 1389.50 * 1446.34 * 1508.74 but that would take a month or two (likely end of august mid september) i took long from 1317.80 & 1319.17 now only if i would have patience to get those upper number
I would love to see it come a bit lower first before shooting up though. Probably retest 1300.
A 1 pip gain is better than a 1 pip loss.
  • #10,906
  • Jul 4, 2014 6:28am Jul 4, 2014 6:28am
Quoting aeternum
{quote} I would love to see it come a bit lower first before shooting up though. Probably retest 1300.
I think we're going to see a quick pullback to around 1307-1310 as well based on an hourly chart review. Then continue upwards again.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 66 KB
O you possessed of sturdy intellect, observe the teaching that is hidden
  • #10,907
  • Edited 7:11am Jul 4, 2014 6:47am | Edited 7:11am
India central bank seeks to swap gold to improve reserves quality -



http://www.reuters.com/article/2014/...0PD3QY20140702


Posting this link here as to know opinions here as to what effect this would have on gold price.


CT I know you are a bull on Gold and the seasonal trade investment that you do. Will you factor this in, especially as you are in India. Do you think price of Gold in Indian market can fall on this, I understand that the demand increases in festival season in India but also there is Swiz referendum on Gold holding on 30 November, so how do you see it.
  • #10,908
  • Jul 4, 2014 7:37am Jul 4, 2014 7:37am
Quoting DNTme
{quote} fully agree..my system show * 1389.50 * 1446.34 * 1508.74 but that would take a month or two (likely end of august mid september) i took long from 1317.80 & 1319.17 now only if i would have patience to get those upper number
There is also a major correction in my calendar, I'll hedge major part of my longs when its about time.
Hello World!
  • #10,909
  • Jul 4, 2014 7:38am Jul 4, 2014 7:38am
Quoting workingforex
India central bank seeks to swap gold to improve reserves quality - http://www.reuters.com/article/2014/...0PD3QY20140702 Posting this link here as to know opinions here as to what effect this would have on gold price. CT I know you are a bull on Gold and the seasonal trade investment that you do. Will you factor this in, especially as you are in India. Do you think price of Gold in Indian market can fall...
I don't follow news, period.
Hello World!
  • #10,910
  • Jul 4, 2014 7:48am Jul 4, 2014 7:48am
This is a chart showing why Gold went up to 1332.28. We could have a correction here to relieve Stochastics and MACD of being overbought before going higher, or we could simply consolidate here and go higher. I still believe a correction is in order.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 4 July 2014 FE Uptrend.png Size: 64 KB
A 1 pip gain is better than a 1 pip loss.
  • #10,911
  • Jul 4, 2014 8:51am Jul 4, 2014 8:51am
this areas zigzag areas, if it goes 1297 and come back , then is comfirmed that zigzag area...
  • #10,912
  • Jul 4, 2014 9:02am Jul 4, 2014 9:02am
Quoting prototip
this areas zigzag areas, if it goes 1297 and come back , then is comfirmed that zigzag area...
I agree with CT. Your posts are not only insignificant but pointless.
A 1 pip gain is better than a 1 pip loss.
  • #10,913
  • Jul 4, 2014 9:10am Jul 4, 2014 9:10am
Quoting aeternum
{quote} I agree with CT. Your posts are not only insignificant but pointless.
zigzag is a formation... İ always knew which way it goes, maybe İ wont tell anymore, only messages...
  • #10,914
  • Jul 4, 2014 9:11am Jul 4, 2014 9:11am
Quoting prototip
this areas zigzag areas, if it goes 1297 and come back , then is comfirmed that zigzag area...
:nerd:
  • #10,915
  • Jul 4, 2014 9:12am Jul 4, 2014 9:12am
Quoting prototip
{quote} zigzag is a formation... İ always knew which way it goes, maybe İ wont tell anymore, only messages...
Well Sherlock, you weren't telling much to begin with. I shall refrain from adding on to this, we are here for proper discussions, not meaningless sentences.
A 1 pip gain is better than a 1 pip loss.
  • #10,916
  • Edited 9:30am Jul 4, 2014 9:15am | Edited 9:30am
Quoting aeternum
{quote} Well Sherlock, you weren't telling much to begin with. I shall refrain from adding on to this, we are here for proper discussions, not meaningless sentences.
İ am better trader than you, dont talk with me anymore...dont make discuss...are you stupid?...
  • #10,917
  • Jul 4, 2014 9:20am Jul 4, 2014 9:20am
Guys be cool , we all in here for learning from each other and it's not a court of judgement !!! Every one is free to give his opinions and the others should decide to consider it or no .. simply .
Happy weekend to all & good luck
  • #10,918
  • Jul 4, 2014 9:31am Jul 4, 2014 9:31am
Quoting gemy
Guys be cool , we all in here for learning from each other and it's not a court of judgement !!! Every one is free to give his opinions and the others should decide to consider it or no .. simply . Happy weekend to all & good luck
could not agree more!
  • #10,919
  • Jul 4, 2014 10:04am Jul 4, 2014 10:04am
relax. you'r both right anyways the zigzag he's talking about is the so called " correction" we'r looking for before we move up. In my opinion though there wont be any. Consolidation or just jump up would be my bet for next week followed by a retracement that's my bet for next week i'll be looking for good positions and i'll post them here
  • #10,920
  • Jul 4, 2014 10:05am Jul 4, 2014 10:05am
Quoting diegobeyer
{quote} could not agree more!
Quoting gemy
Guys be cool , we all in here for learning from each other and it's not a court of judgement !!! Every one is free to give his opinions and the others should decide to consider it or no .. simply . Happy weekend to all & good luck
Its fine for anyone to post any kind of view, but, it would be appreciated if its backed by a chart, even if its only a fancy one.Secondly, each view / opinion must have a logical backing, the person who posts view must be able to rationalize it logically. Merely posting random posts without any kind of logical backing is called noise.
Hello World!
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