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  • #11,921
  • Jul 21, 2014 12:47am Jul 21, 2014 12:47am
Wait 1317 first. Let see whether it will fall to 1304 or cont bullish XD
row row row your boat
  • #11,922
  • Jul 21, 2014 12:51am Jul 21, 2014 12:51am
Quoting ClockTrader
{quote} Placed GREEN SL on all the shorts I got. SLs @ 1316 and 1319 PS: If this shoots nicely, I hope I get a chance to apply SL on my longs @ 1307-13 range PPS: The root longs are fine without SL, don't mind if price goes back to 1240 or even lower.
yeah, it will test the resistance around 1318-20 before the wave (D) going south, targeting 1280 at least...
Keep calm and go GREEN...
  • #11,923
  • Jul 21, 2014 1:22am Jul 21, 2014 1:22am
Quoting nofirumi
{quote} yeah, it will test the resistance around 1318-20 before the wave (D) going south, targeting 1280 at least...
Quoting ngiler
Wait 1317 first. Let see whether it will fall to 1304 or cont bullish XD
I would wait until NY morning to see how things are moving..
Hello World!
  • #11,924
  • Jul 21, 2014 2:06am Jul 21, 2014 2:06am
Quoting nofirumi
{quote} yeah, it will test the resistance around 1318-20 before the wave (D) going south, targeting 1280 at least...
Money Makes Money
  • #11,925
  • Jul 21, 2014 2:12am Jul 21, 2014 2:12am
Gold is looking north as tensions increase in ukraine.. obama as said that russians involved in the malaysian air crash and actions will be taken against russia
  • #11,926
  • Jul 21, 2014 3:14am Jul 21, 2014 3:14am
On very short time frame gold is going up, but I suspect it will be a limited movement between 1345 and 1290. For upper time horizons, I think that only breaking any of these levels will give us some clarity in terms of trend.
  • #11,927
  • Jul 21, 2014 3:57am Jul 21, 2014 3:57am
Quoting Umbeluzi
On very short time frame gold is going up, but I suspect it will be a limited movement between 1345 and 1290. For upper time horizons, I think that only breaking any of these levels will give us some clarity in terms of trend.
I wouldn't call a 5500 pip range a limited movement
  • #11,928
  • Jul 21, 2014 5:01am Jul 21, 2014 5:01am
Quoting MikiFX
{quote} I wouldn't call a 5500 pip range a limited movement
That's what i was thinking.

Anyway i hedged half of my shorts at 1313.50 and i will close it at 1320 or if we gain 2-3$ more from current i will just put a positive SL and wait to see how far it will go
  • #11,929
  • Jul 21, 2014 5:31am Jul 21, 2014 5:31am
My view remains unchanged from last weeks close of shorts and bull run play:
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 1HR.png Size: 124 KB
To live a successful life, we must lose our fear of being wrong
  • #11,930
  • Jul 21, 2014 6:11am Jul 21, 2014 6:11am
it's been showing good resistance at 1315.. further SMA400 at same price then what is your stop loss if bull run does not play?
P.S. Trade with the discipline of Money Management and Risk Management.
  • #11,931
  • Jul 21, 2014 6:12am Jul 21, 2014 6:12am
Quoting EatPIPs
My view remains unchanged from last weeks close of shorts and bull run play: {image}
it's been showing good resistance at 1315.. further SMA400 at same price then what is your stop loss if bull run does not play?
P.S. Trade with the discipline of Money Management and Risk Management.
  • #11,932
  • Jul 21, 2014 6:38am Jul 21, 2014 6:38am
Hi guys, good to see most are doing good.

Here are my views this week on a H1 chart. I will be looking forward for price to at least test 1305, if its bullish according to the Gold seasons and the 2nd chart channel. The price had flirted at the levels I drew since last month, and I hope this week it will write off these levels and move on a new journey. Gold seems to be moving down last week, but a surprise missile hit at the plane seems to pump gold up. I personally don't view the correction as due, but on the 2nd daily chart, gold still in a uptrend channel.

Do share your views for this week. Thanks in advance.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 33 KB
Click to Enlarge Name: Image2.png Size: 23 KB
The only winner is the one who survive the longest...
  • #11,933
  • Jul 21, 2014 6:43am Jul 21, 2014 6:43am
Quoting ClockTrader
My sentiment for today - Bullish!



Very well done, it went up at least 500 pips since opening.
The only winner is the one who survive the longest...
  • #11,934
  • Jul 21, 2014 7:07am Jul 21, 2014 7:07am
Dont be naughty gold. Time to go down again to 1310.... #wish
row row row your boat
  • #11,935
  • Jul 21, 2014 7:08am Jul 21, 2014 7:08am
This is my area of focus now (highlighted)

couple of shorts closed in green
Attached Image
Hello World!
  • #11,936
  • Jul 21, 2014 7:09am Jul 21, 2014 7:09am
Quoting kinspk
{quote} Very well done, it went up at least 500 pips since opening.
:-)

PS: trading / investing at these / recent levels is like playing on the edge
Hello World!
  • #11,937
  • Jul 21, 2014 7:12am Jul 21, 2014 7:12am
Quoting ClockTrader
{quote} Placed GREEN SL on all the shorts I got. SLs @ 1316 and 1319 PS: If this shoots nicely, I hope I get a chance to apply SL on my longs @ 1307-13 range PPS: The root longs are fine without SL, don't mind if price goes back to 1240 or even lower.
Lifted the SLs from 1302 to 1306 on 6 recent longs as visible in the SS.
Hello World!
  • #11,938
  • Jul 21, 2014 7:32am Jul 21, 2014 7:32am
hi all. how often does your broker close trading for maintenance?????? i,m seeing "no connection" since Friday opening session. plz discuss for clarity.
  • #11,939
  • Jul 21, 2014 7:37am Jul 21, 2014 7:37am
Quoting trendsbhatti
hi all. how often does your broker close trading for maintenance?????? i,m seeing "no connection" since Friday opening session. plz discuss for clarity.
it never happened with me. who is ur broker? it may be due to some error in ur software or internet.
P.S. Trade with the discipline of Money Management and Risk Management.
  • #11,940
  • Jul 21, 2014 7:44am Jul 21, 2014 7:44am
Quoting farukh
{quote} it never happened with me. who is ur broker? it may be due to some error in ur software or internet.


software is fine. also received sms from broker that it will remain close for maintenance.
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