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Only Gold!

  • #13,541
  • Aug 6, 2014 10:07am Aug 6, 2014 10:07am
Quoting anton.olff
{quote} For this reason, I am keeping gold longs open. Knowing a bit about history...and having spent a lot of time in Russia and Ukraine...my instincts tell me there is a high probability of an invasion early Sunday morning (local time) either this weekend or next.
:-)
Hello World!
  • #13,542
  • Aug 6, 2014 10:08am Aug 6, 2014 10:08am
Quoting waleed.khan
{quote} Except CT doesn't take profit on longs... only on shorts!
Yea, one reason, I don't feel a lot excited when Gold flies high.
Hello World!
  • #13,543
  • Aug 6, 2014 10:10am Aug 6, 2014 10:10am
Quoting ClockTrader
{quote} Yea, one reason, I don't feel a lot excited when Gold flies high.
Hey CT, what is the status of your gold portfolio now?, if you donīt mind me asking of course.
  • #13,544
  • Aug 6, 2014 10:11am Aug 6, 2014 10:11am
Quoting diegobeyer
{quote} Hey CT, what is the status of your gold portfolio now?, if you donīt mind me asking of course.
4 shorts blew in very small loss earlier (had closed shorts in green too today)

40 longs

just opened 4 shorts @ 1307

PS: Contracts are SUPER DARK GREEN SINCE DAY ONE!
Hello World!
  • #13,545
  • Aug 6, 2014 10:12am Aug 6, 2014 10:12am
Quoting Matts Micro
As per lt plan- the june 19 bo, I am expecting new highs. I have a sell limit @1310.7 for a minor pullback with a tight sl. {image}
I have move my limit order to 1310.5. I am following the 4hr 200 SMA. PA has also just hit the daily 200 EMA so may of missed entry, but I am patient

Edit: See how the MA follows the green TL?
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd #26.png Size: 87 KB
As the lights go by so too do the shadows move
  • #13,546
  • Aug 6, 2014 10:21am Aug 6, 2014 10:21am
Quoting Mr.Kane
{quote} U and I, one of us has to be wrong, and I don't think it's me lol {image}
I do root for you to win. Good Luck Bro! Cheers

*But, 2 different opposite trades can end up winners, depend how it's being traded.
The only winner is the one who survive the longest...
  • #13,547
  • Aug 6, 2014 10:21am Aug 6, 2014 10:21am
Quoting ClockTrader
{quote} 4 shorts blew in very small loss earlier (had closed shorts in green too today) 40 longs just opened 4 shorts @ 1307 PS: Contracts are SUPER DARK GREEN SINCE DAY ONE!
Hi CT
What kind of SL do you choose for your shorts?
Thanks
Ronel
  • #13,548
  • Aug 6, 2014 10:22am Aug 6, 2014 10:22am
i think 1314.75 is the best high for today , but the problem is....ifter hitting this number the price may freeze , then tommorow higher resistance...so closing long is no good...imagine taking short!!!disaster
  • #13,549
  • Aug 6, 2014 10:25am Aug 6, 2014 10:25am
today will close on the final fibo retracement of 1311. thereafter we'll move to weekly levels and we'll close the week above 1320 opennig the path for next week's 1344 and maybe even 1363. again i repeat, not a good time to be scalping shorts.
  • #13,550
  • Aug 6, 2014 10:29am Aug 6, 2014 10:29am
Possible not confirmed....(wait for the 4hr candle to close)

*also it should be noted that the S&P amd nasdaq seems to have reversed for the time being...Oil is not moving much & neither is silver*
Attached Image (click to enlarge)
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  • #13,551
  • Aug 6, 2014 10:35am Aug 6, 2014 10:35am
waiting... to go through SMA610 on 1h tf
Attached Image
where are we? we are here. where are we going? ...
  • #13,552
  • Aug 6, 2014 10:35am Aug 6, 2014 10:35am
Quoting waleed.khan
Possible not confirmed....(wait for the 4hr candle to close) {image}
Actually sometime divergence may not be a safe method to use, because different settings and different brokers may have different results. But personally will like it to retrace after this 20 bucks bull. Good luck bro.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 23 KB
The only winner is the one who survive the longest...
  • #13,553
  • Aug 6, 2014 10:37am Aug 6, 2014 10:37am
opened 4 more shorts @ 1307

all these 8 shorts are w/o SL
Hello World!
  • #13,554
  • Aug 6, 2014 10:40am Aug 6, 2014 10:40am
Quoting kinspk
{quote} Actually sometime divergence may not be a safe method to use, because different settings and different brokers may have different results. But personally will like it to retrace after this 20 bucks bull. Good luck bro. {image}

Thanks for the reminder...

Have you turned full on "bullish" disbarring the minor retracements?

I still expect 1 leg down and then I'll be a full out bull... which I might become if a retracement holds in the area of 1296-1300.

Cheers & Good luck to you too!
  • #13,555
  • Aug 6, 2014 10:41am Aug 6, 2014 10:41am
Quoting Windstrown
today will close on the final fibo retracement of 1311. thereafter we'll move to weekly levels and we'll close the week above 1320 opennig the path for next week's 1344 and maybe even 1363. again i repeat, not a good time to be scalping shorts.
I agree with this, we'll be seeing 1330-1340 in the next 2-3 weeks.
  • #13,556
  • Aug 6, 2014 10:42am Aug 6, 2014 10:42am
a big chance to enter long at this big dip to 1306.5
  • #13,557
  • Aug 6, 2014 10:46am Aug 6, 2014 10:46am
Quoting weti
{quote} I agree with this, we'll be seeing 1330-1340 in the next 2-3 weeks.
thats a very long shot buddy
I recommend you read something else as this sentence is now concluded.
  • #13,558
  • Aug 6, 2014 10:47am Aug 6, 2014 10:47am
Quoting ClockTrader
{quote} Yea, one reason, I don't feel a lot excited when Gold flies high.
then when will u close your longs ? or what strategy u use to exit longs ?
  • #13,559
  • Aug 6, 2014 10:49am Aug 6, 2014 10:49am
Quoting Mr.Kane
{quote} then when will u close your longs ? or what strategy u use to exit longs ?
I've got 1312 resistince as well. Support at 1300. Got a sell at 1308.08
  • #13,560
  • Aug 6, 2014 10:49am Aug 6, 2014 10:49am
Quoting Mr.Kane
{quote} then when will u close your longs ? or what strategy u use to exit longs ?
Check "My Strategy" in Post-1 of this thread:

http://www.forexfactory.com/showthread.php?t=426397

PS: I wrote it there instead of re-writing it here over and over again :-)
Hello World!
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