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  • #11,461
  • Jul 13, 2014 10:02pm Jul 13, 2014 10:02pm
Fellas, this is what I got for today, I shall be using Daily Clock Band (DCB) parameters for SL. Second SS shows my recent positions.

PS: I might want to add more positive SLs later today, particularly if Bulls continue to look weak by NY morning.
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Hello World!
  • #11,462
  • Jul 13, 2014 10:15pm Jul 13, 2014 10:15pm
some trade moves completed for me... now, waiting some, if not happen sudden moves...
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  • #11,463
  • Jul 13, 2014 10:43pm Jul 13, 2014 10:43pm
Just shuffled the SLs and here is the status of positions above 1299

 

  1. 4 shorts naked (w/o SL)
  2. 4 shorts with SL @ 1342
  3. 8 longs w/o SL
  4. 17 longs with GREEN SL


About 12 naked longs (w/o SL) in 1240-1260 range

Hello World!
  • #11,464
  • Jul 13, 2014 10:44pm Jul 13, 2014 10:44pm
G'day fellas! What a week of trading last week.. Wish I was involved but have to holiday sometime right?

I personally feel both metals have run out of legs _for now_.. I am rather surprised we have no retraced already.. In saying that, if we do have another rally it will be short lived, the sellers will be eager to drive gold back down and it is very vulnerable with the amount of consecutive days up (let alone weeks).

My money's on short - I feel gold has unfinished business at sub 1300.
If anyone follows/cares about silver (as my followers know I am a big silver trader) it should retest 20.3 at the MINIMUM..

Thanks
Mitch
  • #11,465
  • Jul 13, 2014 10:45pm Jul 13, 2014 10:45pm
Point to point
the show started (today)
where are we? we are here. where are we going? ...
  • #11,466
  • Jul 13, 2014 10:54pm Jul 13, 2014 10:54pm
I would remain patient / focused and wait for Bull Show until this weekend. IF I'm wrong, I will lose much of the floating profit, but will gain little profit & lose nothing.

Quoting Mitchoss
G'day fellas! What a week of trading last week.. Wish I was involved but have to holiday sometime right? I personally feel both metals have run out of legs _for now_.. I am rather surprised we have no retraced already.. In saying that, if we do have another rally it will be short lived, the sellers will be eager to drive gold back down and it is very vulnerable with the amount of consecutive days up (let alone weeks). My money's on short - I feel gold has unfinished business at sub 1300. If anyone follows/cares about silver (as my followers know...
Hello World!
  • #11,467
  • Jul 13, 2014 11:02pm Jul 13, 2014 11:02pm
Quoting prototip
some trade moves completed for me... now, waiting some, if not happen sudden moves... {image}
sudden move happened, now İ know what will happen, but İ dont say......
  • #11,468
  • Jul 13, 2014 11:21pm Jul 13, 2014 11:21pm
Quoting prototip
{quote} sudden move happened, now İ know what will happen, but İ dont say......
Are you 10 years old?
  • #11,469
  • Jul 13, 2014 11:36pm Jul 13, 2014 11:36pm
Maybe try posting your postions/targets/open/closes and your views as to why/when/how you trade.

I don't think I'm alone when I say people come here for constructive posts and healthy discussions. Your posts are a waste of time when you call for a 'sudden move' with no indication of direction or size.

Sudden moves happen almost every day in trading, and coming here saying you know where it is heading but won't share.. won't make you any friends

Quoting prototip
{quote} sudden move happened, now İ know what will happen, but İ dont say......
  • #11,470
  • Jul 13, 2014 11:51pm Jul 13, 2014 11:51pm
my view^
we are moving to ~129x, maybe low (next days)
today top (1339.5) is SL
where are we? we are here. where are we going? ...
  • #11,471
  • Jul 14, 2014 12:12am Jul 14, 2014 12:12am
Quoting Mitchoss
G'day fellas! What a week of trading last week.. Wish I was involved but have to holiday sometime right? I personally feel both metals have run out of legs _for now_.. I am rather surprised we have no retraced already.. In saying that, if we do have another rally it will be short lived, the sellers will be eager to drive gold back down and it is very vulnerable with the amount of consecutive days up (let alone...
Only new here and must say very impressed by your trading record, Mitchoss.In regards to Gold price action, I would tend to agree with retracement but wonder if there might be just enough left in the tank for a crack at 1360 (where the trend line lies). However, do think long term the 1200 level may prove to be magnetic.Cheers.
  • #11,472
  • Jul 14, 2014 12:42am Jul 14, 2014 12:42am
What a busy Monday. Already moved 100 pips. We may not have good trading opportunity anymore today. Better close the trade and come back tomorrow....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,473
  • Jul 14, 2014 12:43am Jul 14, 2014 12:43am
snow ball
where are we? we are here. where are we going? ...
  • #11,474
  • Jul 14, 2014 12:44am Jul 14, 2014 12:44am
Thanks for the kind words and welcome to the forum

I was kind of hoping for an asian rally and hard US sell to form a definitive reversal candle but it doesn't seem like today is that day as the sellers kicked in early. Be interesting to see if 1333 now acts as resistance.

Quoting JBocks
{quote} Only new here and must say very impressed by your trading record, Mitchoss.In regards to Gold price action, I would tend to agree with retracement but wonder if there might be just enough left in the tank for a crack at 1360 (where the trend line lies). However, do think long term the 1200 level may prove to be magnetic.Cheers.
  • #11,475
  • Jul 14, 2014 12:56am Jul 14, 2014 12:56am
Quoting Mitchoss
Thanks for the kind words and welcome to the forum I was kind of hoping for an asian rally and hard US sell to form a definitive reversal candle but it doesn't seem like today is that day as the sellers kicked in early. Be interesting to see if 1333 now acts as resistance. {quote}
1333 certainly didn't act as support!
Looking for more sideways until something pushes the price around. Perhaps back to old pre "breakout" range from around 1310 to 1333.
  • #11,476
  • Jul 14, 2014 1:19am Jul 14, 2014 1:19am
holy shit
  • #11,477
  • Jul 14, 2014 1:20am Jul 14, 2014 1:20am
Waddafuck just happened?
  • #11,478
  • Jul 14, 2014 1:21am Jul 14, 2014 1:21am
weeeeeeee
  • #11,479
  • Jul 14, 2014 1:22am Jul 14, 2014 1:22am
WTF did just happen?
  • #11,480
  • Jul 14, 2014 1:22am Jul 14, 2014 1:22am
and down we go
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