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  • #11,181
  • Jul 9, 2014 9:56am Jul 9, 2014 9:56am
Quoting samalmoore
{quote} Thanks buddy Enjoy the swim!
Glad to see you around mate!

PS: Moved SL of 6 longs to 1308 to play safe
Hello World!
  • #11,182
  • Jul 9, 2014 10:03am Jul 9, 2014 10:03am
Quoting ClockTrader
{quote} Glad to see you around mate! PS: Moved SL of 6 longs to 1308 to play safe
Hey CT, thanks man!

What you think of yesterday's high? Seems to be holding as support, just need a move away from here to the north to confirm...

I'm hoping this comes soon as I won't be around for FOMC and don't feel that it's the right time to close my longs yet...
  • #11,183
  • Jul 9, 2014 10:04am Jul 9, 2014 10:04am
Quoting samalmoore
{quote} So you're also long?
Exactly and the only thing that concerns me a little is that so many people are convinced that it will go up (joking)
  • #11,184
  • Jul 9, 2014 10:06am Jul 9, 2014 10:06am
Quoting atom3
{quote} Exactly and the only thing that concerns me a little is that so many people are convinced that it will go up
Hahaha, I agree man, that is usually a VERY bad sign
  • #11,185
  • Jul 9, 2014 10:13am Jul 9, 2014 10:13am
I've already sell averaging mode: ON
traderbandung.blogspot.com
40%more All Time Return: 10.5%
  • #11,186
  • Jul 9, 2014 10:19am Jul 9, 2014 10:19am
Quoting samalmoore
"74 traders viewing now, 21 are members".... anyone else with ideas on where we going?
As per CT seasonal patterns we are in bullish period so I am bullish as I trust his analysis.

Correction may come till 1308 also as CT DCB screenshot.

If I am a scalper the market is awesome since the morning with many ups and downs for Pips.

But I would stay out of the Market till the FOMC meeting as it most probably will drag gold down for a minute or two and then it will show the real direction. This can be a big hit.

Personally as I have many long from 1315 I have hedged almost every lot and waiting. Either kill shorts with reasonable loss or close them for profit and leave my longs untouched while adding maybe even more longs.

After all do your Math as I may be very wong
  • #11,187
  • Jul 9, 2014 10:25am Jul 9, 2014 10:25am
Quoting greenblue
I've already sell averaging mode: ON
Good luck then
  • #11,188
  • Jul 9, 2014 10:26am Jul 9, 2014 10:26am
back. flat for moment and i only have some orders pending short @ 1337 & 1350

here is my scenario for gold. anyway waiting for fomc. thats the key for next moves.

Good trading to all and see you after event.
Attached Image (click to enlarge)
Click to Enlarge Name: goldenstar.png Size: 85 KB
fokyou forexfactory
  • #11,189
  • Jul 9, 2014 10:26am Jul 9, 2014 10:26am
Quoting ShadyAhmed
{quote} As per CT seasonal patterns we are in bullish period so I am bullish as I trust his analysis. Correction may come till 1308 also as CT DCB screenshot. If I am a scalper the market is awesome since the morning with many ups and downs for Pips. But I would stay out of the Market till the FOMC meeting as it most probably will drag gold down for a minute or two and then it will show the real direction. This can be a big hit. Personally as I have many long from 1315 I have hedged almost every lot and waiting. Either kill shorts with reasonable...
Very practical approach, I'm sure you're gonna kill it!
  • #11,190
  • Jul 9, 2014 10:33am Jul 9, 2014 10:33am
Quoting DNTme
back. flat for moment and i only have some orders pending short @ 1337 & 1350 here is my scenario for gold. anyway waiting for fomc. thats the key for next moves. Good trading to all and see you after event. {image}
I hope you are right, would LOVE to see 1350!
  • #11,191
  • Jul 9, 2014 10:42am Jul 9, 2014 10:42am
Quoting DNTme
{quote} what makes u think like that? can u post a chart to sustain your theory? thx
I have already posted it - see here http://www.forexfactory.com/showthre...90#post7554690
Mind is like a parachute - it is useful only if open
  • #11,192
  • Jul 9, 2014 10:50am Jul 9, 2014 10:50am
Quoting Szymon
{quote} I have already posted it - see here http://www.forexfactory.com/showthre...90#post7554690
on a forum like this , if you say something maybe you would want to make people understand what you talk about and why you say that....from your chart i dont get anything ...maybe its just me.

GL!
fokyou forexfactory
  • #11,193
  • Jul 9, 2014 10:57am Jul 9, 2014 10:57am
Golden Seasons are good only for investors, not meant for traders.

Quoting ShadyAhmed
{quote} As per CT seasonal patterns we are in bullish period so I am bullish as I trust his analysis. Correction may come till 1308 also as CT DCB screenshot. If I am a scalper the market is awesome since the morning with many ups and downs for Pips. But I would stay out of the Market till the FOMC meeting as it most probably will drag gold down for a minute or two and then it will show the real direction. This can be a big hit. Personally as I have many long from 1315 I have hedged almost every lot and waiting. Either kill shorts with reasonable...
Hello World!
  • #11,194
  • Jul 9, 2014 10:57am Jul 9, 2014 10:57am
Quoting DNTme
{quote} on a forum like this , if you say something maybe you would want to make people understand what you talk about and why you say that....from your chart i dont get anything ...maybe its just me. GL!
You are right, sorry for being so wordless but I have no idea what to write - I simply watch price action, I recognize supply and demand zones - then I watch what happens when the price comes back to these zones. As You can see on my chart I have recognized the zone between 1322-1330 -the last one where the sellers were very strong.

I hope now it looks better
Mind is like a parachute - it is useful only if open
  • #11,195
  • Jul 9, 2014 11:04am Jul 9, 2014 11:04am
Quoting samalmoore
{quote} Hey CT, thanks man! What you think of yesterday's high? Seems to be holding as support, just need a move away from here to the north to confirm... I'm hoping this comes soon as I won't be around for FOMC and don't feel that it's the right time to close my longs yet...
Using an updated DCB, the support @ 1314 should sustain, but, since the price can get wild this week, I extended the SLs of these 6 longs. I would continue to scramble with these 6 longs (might even hedge) in order keep my interest alive, its been too tiring and boring. 20 days in a row, only going sideways on H4

IF these 6 longs blow, I shall be left with about 23 longs (net). Time to call it a day, watching the price has been quite tiring lately.
Hello World!
  • #11,196
  • Jul 9, 2014 12:11pm Jul 9, 2014 12:11pm
hopefully today fomc bring gold to 1288 area or lower.
  • #11,197
  • Jul 9, 2014 12:13pm Jul 9, 2014 12:13pm
Quoting Ksth
hopefully today fomc bring gold to 1288 area or lower.

hopefully FOMC bring gold to 1336-13350 area..
  • #11,198
  • Jul 9, 2014 12:14pm Jul 9, 2014 12:14pm
im not greedy , hopefully FOMC bring it to 1305 only loool
  • #11,199
  • Jul 9, 2014 12:19pm Jul 9, 2014 12:19pm
Quoting turk1
{quote} hopefully FOMC bring gold to 1336-13350 area..
heheehe..

i believe it will go down to 1288 area then to 1240 before going up 1350..hehehe
maybe either way 1350 then down to 1240.
  • #11,200
  • Jul 9, 2014 12:27pm Jul 9, 2014 12:27pm
i hope ur wrong and they try to keep dollar confined i'd rather keep trading sideways lol alot easier
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