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  • #11,281
  • Jul 10, 2014 5:16am Jul 10, 2014 5:16am
1327 is very important level...
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  • #11,282
  • Jul 10, 2014 5:16am Jul 10, 2014 5:16am
Quoting ClockTrader
{quote} When majority weight is on the short side, price is supposed to shoot and vice-versa, this is how I see PA. Unfortunately, we cannot peep into whats happening deep inside NYMEX and Globex else everyone who could would become a multi-millionaire overnight. RIght now this right is for insiders and big politicians only.
Well it's always pulling and pushing mainly big guns trying to out trick each other, zero-sum game, we just need to guess where more money is flowing to.
Don't get mad, get even!
  • #11,283
  • Jul 10, 2014 5:34am Jul 10, 2014 5:34am
Gents - Tops are in on my charts for Gold on 60m timeframe.
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O you possessed of sturdy intellect, observe the teaching that is hidden
  • #11,284
  • Jul 10, 2014 5:34am Jul 10, 2014 5:34am
Quoting stulic
{quote} Well it's always pulling and pushing mainly big guns trying to out trick each other, zero-sum game, we just need to guess where more money is flowing to.
The crux of my strategy lies in Golden Seasons and that's what I follow, proven well over 30 yrs and I'm happy with it.
Hello World!
  • #11,285
  • Jul 10, 2014 5:42am Jul 10, 2014 5:42am
Took profit in contracts, total Gold holding reduced by about 15%

Time to take a break and will think on how to treat myself :-)
Hello World!
  • #11,286
  • Jul 10, 2014 5:42am Jul 10, 2014 5:42am
S&P potential retest of 1900. Gold will also continue north subsequently.

PASR. No complexity.
To live a successful life, we must lose our fear of being wrong
  • #11,287
  • Jul 10, 2014 5:45am Jul 10, 2014 5:45am
What you guys think, retrace to 1333?
  • #11,288
  • Jul 10, 2014 5:47am Jul 10, 2014 5:47am
Quoting stulic
{quote} Lol, lo, and lol... RT News? Seriously? You watch that crap? Uranium? .
Yes i watch it you mug, better than what your watching cnn is it. Its unbiased for the most part, just like most news networks they track local news more closely. max keiser is hilarious and his verbose view on the markets is better than you get on any other network, so shuve off
Read the article, just posting it as its a metal and somewhat relevant, can be used to create weapons of mass destruction
  • #11,289
  • Jul 10, 2014 5:51am Jul 10, 2014 5:51am
i believe this is the final ascending wave, not going to 1345. hopefully will retrace to 1300 or below
holy cow, i was away in an hour then gold flew away
Keep calm and go GREEN...
  • #11,290
  • Jul 10, 2014 5:55am Jul 10, 2014 5:55am
Quoting ClockTrader
{quote} When majority weight is on the short side, price is supposed to shoot and vice-versa, this is how I see PA.
Thanks CC, so its order levels that MMs see and they trade against them, somedays bigger players get involved like today and push price beyond the norm (just trying to understand this all better, the theory side)
I realize pushing price is not easily done, its all about limits and orders, so basically bigger orders are sitting higher (could be SL or buy orders) so price accommodates .. or something like that.
  • #11,291
  • Jul 10, 2014 5:56am Jul 10, 2014 5:56am
Quoting nicefirework
{quote} your previous indicator "lubang kosong" say sell, why you expect price to go up?
hi please dont take notice of the indi ,it changes all the time and i dont know how long it was showing when i posted ,,regards e
  • #11,292
  • Jul 10, 2014 6:03am Jul 10, 2014 6:03am
Good morning everyone!

4 months for a new high; Lets see if it finds support now...
  • #11,293
  • Jul 10, 2014 6:10am Jul 10, 2014 6:10am
Could this be the perfect moment tot short?
  • #11,294
  • Jul 10, 2014 6:14am Jul 10, 2014 6:14am
Quoting waleed.khan
Good morning everyone! 4 months for a new high; Lets see if it finds support now...
im looking at it actively...being short

lets bring this baby down!!
fokyou forexfactory
  • #11,295
  • Jul 10, 2014 6:16am Jul 10, 2014 6:16am
Quoting waleed.khan
Good morning everyone! 4 months for a new high; Lets see if it finds support now...
Hey Waleed, good morning to you too! I trust you also made some monies off of the up move?

I'm hoping it will find support around 1333 (put in a sneaky short at 1342 tp 1332.7)
  • #11,296
  • Jul 10, 2014 6:19am Jul 10, 2014 6:19am
Quoting DNTme
{quote} im looking at it actively...being short lets bring this baby down!!
Hey DNTme, I'm with you on this one! I feel like it should retest 1333, just a bit worried about the huge momentum it drove up with. Only time will tell! (I think if it hasn't made any significant drop by US open, I will consider closing the short)...
  • #11,297
  • Jul 10, 2014 6:19am Jul 10, 2014 6:19am
Quoting taciho
Could this be the perfect moment tot short?

Perhaps if you are looking for a $10 retracement...sure!

I think it depends though on the type of "retracment" we have... if price stalls here and more or less has a sideways correction then 1370 is on the cards... but if we have a sharp correction then we could go much lower if 1327-1330 breaks and closes under these levels....
  • #11,298
  • Jul 10, 2014 6:20am Jul 10, 2014 6:20am
Quoting taciho
Could this be the perfect moment tot short?
It could be! It could also be the perfect moment to add longs though
  • #11,299
  • Jul 10, 2014 6:27am Jul 10, 2014 6:27am
Quoting samalmoore
{quote} Hey Waleed, good morning to you too! I trust you also made some monies off of the up move? I'm hoping it will find support around 1333 (put in a sneaky short at 1342 tp 1332.7)

Hey man... long time?

Well I got triggered a couple of hrs ago at 1331 break...

I was actually expecting price to retrace a little lower... but yeah i guess 1327-1333 has to really hold for it to go higher...
  • #11,300
  • Jul 10, 2014 6:28am Jul 10, 2014 6:28am
Quoting DNTme
{quote} im looking at it actively...being short lets bring this baby down!!
Don't mind if it goes lower... would be happy to get out at breakeven...

But I'm not gonna short this...too risky
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