Only Gold! | Page 626 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Journal (only my take) 433 replies

Trading gold and silver only 59 replies

An idea for building wealth...using only gold 9 replies

GOLD traders only 90 replies

Attachments: Only Gold!
Exit Attachments

Only Gold!

  • #12,501
  • Jul 27, 2014 11:52pm Jul 27, 2014 11:52pm
Quoting apoozery
i think its time to buy gold
Au @ 1308, your view, so far so good.

I'd like to wait for NY morning to see how it plays out. My positions remain same as they were around Fri. closing.
Hello World!
  • #12,502
  • Jul 28, 2014 12:09am Jul 28, 2014 12:09am
Quoting ClockTrader
{quote} Au @ 1308, your view, so far so good. I'd like to wait for NY morning to see how it plays out. My positions remain same as they were around Fri. closing.
No sign of clear peak-out by far..
Hello World!
  • #12,503
  • Jul 28, 2014 12:13am Jul 28, 2014 12:13am
He seems to be more towards comforting himself rather than discussing in a forum.
  • #12,504
  • Jul 28, 2014 12:14am Jul 28, 2014 12:14am
May see a pullback around these levels imo.

Edit: The gap is just the crappy demo feed I use to do charting to not clog my live MT4. The gap isn't reflected on the live platform.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd #8.png Size: 81 KB
As the lights go by so too do the shadows move
  • #12,505
  • Jul 28, 2014 12:19am Jul 28, 2014 12:19am
closed all my positions rode the movement down and back up, happy with profit and nervous about the coming week. So much data in one week is going to be volatile. Will be watching anxiously, good luck guys I hope everyone remains profitable and in good spirits this week.
  • #12,506
  • Jul 28, 2014 12:23am Jul 28, 2014 12:23am
Quoting weti
closed all my positions rode the movement down and back up, happy with profit and nervous about the coming week. So much data in one week is going to be volatile. Will be watching anxiously, good luck guys I hope everyone remains profitable and in good spirits this week.
I closed my positions when it pulled back to 1305 shorting more now nice green pips from the yellow bars.
  • #12,507
  • Jul 28, 2014 12:32am Jul 28, 2014 12:32am
My take on the engulf of the flag limit. I am not short because I am still sort of forward learning price action and not trading gold live.

Attached Image
  • #12,508
  • Jul 28, 2014 12:35am Jul 28, 2014 12:35am
I am short, not my height or any part of my anatomy, but short on Gold, but once it just break 1300, I will TP and get away. The markets seem a bit weird today.
  • #12,509
  • Jul 28, 2014 12:36am Jul 28, 2014 12:36am
Could be the start of a nice down move here...
  • #12,510
  • Jul 28, 2014 12:37am Jul 28, 2014 12:37am
Looks good to break 1300 easily today, but I don't dare to hold any open positions, because of the political situation.
  • #12,511
  • Jul 28, 2014 12:39am Jul 28, 2014 12:39am
Quoting Superchor
My take on the engulf of the flag limit. I am not short because I am still sort of forward learning price action and not trading gold live. {image}
I am holding the short position market dragged me in, in friday at 1307 and my TP is at 1293 but it's only some technical indicators on 1H that give me sings of a more price fall, on the higher timeframes both sides look even to me
  • #12,512
  • Jul 28, 2014 12:39am Jul 28, 2014 12:39am
Quoting thevolatile
Looks good to break 1300 easily today, but I don't dare to hold any open positions, because of the political situation.

Hear you on that..
  • #12,513
  • Jul 28, 2014 12:41am Jul 28, 2014 12:41am
Applied SL on 4 shorts.. the highlighted region is my area of focus until NY morning and later..

I would keep shuffling the SLs on shorts as I'm expecting a swing-up today / tomorrow.
Attached Image
Hello World!
  • #12,514
  • Jul 28, 2014 12:42am Jul 28, 2014 12:42am
My strategy to never ever ever ever ever close longs is hurting, looks like I need to go beyond hedging and apply a GREEN SL on longs when needed..
Hello World!
  • #12,515
  • Jul 28, 2014 12:49am Jul 28, 2014 12:49am
Quoting ClockTrader
My strategy to never ever ever ever ever close longs is hurting, looks like I need to go beyond hedging and apply a GREEN SL on longs when needed..
Feeling ya. I have similar philosophy on closing longs but keep scratching my head on missed pips and reentry opportunities and considering reassessing too. I know the day I choose to do this though, price will head up to not look back again lol.
As the lights go by so too do the shadows move
  • #12,516
  • Jul 28, 2014 12:58am Jul 28, 2014 12:58am
Quoting Matts Micro
{quote} Feeling ya. I have similar philosophy on closing longs but keep scratching my head on missed pips and reentry opportunities and considering reassessing too. I know the day I choose to do this though, price will head up to not look back again lol.
We can never be too sure about PA and its direction.. its all speculation after all..

Making living out of Forex ain't easy.
Hello World!
  • #12,517
  • Jul 28, 2014 1:04am Jul 28, 2014 1:04am
Quoting ClockTrader
Applied SL on 4 shorts.. the highlighted region is my area of focus until NY morning and later.. I would keep shuffling the SLs on shorts as I'm expecting a swing-up today / tomorrow. {image}
Applied SL on 2 more shorts..
Hello World!
  • #12,518
  • Jul 28, 2014 1:04am Jul 28, 2014 1:04am
Quoting Matts Micro
May see a pullback around these levels imo. Edit: The gap is just the crappy demo feed I use to do charting to not clog my live MT4. The gap isn't reflected on the live platform. {image}

New TL "green". This is my bear or bull determination TL. A break below imo should head down to the 4hr 61.8 fib around 1280. If price holds above I am looking at for a break above today's high of 1309.1. Currently price holding on 200 ma.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd #9.png Size: 73 KB
As the lights go by so too do the shadows move
  • #12,519
  • Jul 28, 2014 1:08am Jul 28, 2014 1:08am
Think we might be hitting 1296.70 in the next few hours and then maybe 1285 in the next 24h
  • #12,520
  • Jul 28, 2014 1:09am Jul 28, 2014 1:09am
Yeap, worsen by fraudsters etc who gives us forex traders a bad name. The descent seems to have slowed. Hopefully with London market coming up it will accelerate and I can have a good whole day to myself and family
48 traders viewing now