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Only Gold!

  • #13,721
  • Aug 7, 2014 8:39pm Aug 7, 2014 8:39pm
Quoting wafiqsalameh
and going short
Iraq, Ukraine, etc. Hey, we could have 3 or 4 conflicts driving up the price soon.
"The market can remain irrational longer than you can remain solvent"
  • #13,722
  • Aug 7, 2014 8:44pm Aug 7, 2014 8:44pm
true,having the high now as my stop and buy stop,and watching closly
  • #13,723
  • Aug 7, 2014 8:47pm Aug 7, 2014 8:47pm
Net 4 longs left, most likely I would hedge these too....
Hello World!
  • #13,724
  • Aug 7, 2014 8:47pm Aug 7, 2014 8:47pm
Quoting ClockTrader
Net 4 longs left, most likely I would hedge these too....
Been shuffling / scalping shorts, ultra tiny profits

could not have fun :-(
Hello World!
  • #13,725
  • Aug 7, 2014 9:03pm Aug 7, 2014 9:03pm
i think 1312.5 is the max
  • #13,726
  • Aug 7, 2014 9:08pm Aug 7, 2014 9:08pm
Quoting wafiqsalameh
i think 1312.5 is the max
Looks like going up to me, closed some shorts..
Hello World!
  • #13,727
  • Aug 7, 2014 9:10pm Aug 7, 2014 9:10pm
full margin short stop and buy stop breaking the high by 50 cent
  • #13,728
  • Aug 7, 2014 9:16pm Aug 7, 2014 9:16pm
Quoting anton.olff
{quote} Iraq, Ukraine, etc. Hey, we could have 3 or 4 conflicts driving up the price soon.
plus golden seasons... I would not consider shorting anytime soon (unless my broker let me hedge, then I could consider taking small profits like CT does).
  • #13,729
  • Aug 7, 2014 9:21pm Aug 7, 2014 9:21pm
Looks like I've been making some stupid moves by closing longs in the past 24 hrs :-(

Well, I'll take out my frustration by applying aggressive dark green SL on existing longs....

IF this falls, let the fall clean the slate

SL for longs @ 1302

PS: Closed some more shorts and took tiny loss!
Hello World!
  • #13,730
  • Aug 7, 2014 9:25pm Aug 7, 2014 9:25pm
1314.46 lets see if the 22sma mid go over it will be finall stop
  • #13,731
  • Aug 7, 2014 9:25pm Aug 7, 2014 9:25pm
I have realized only 1% profit so far this month.. but its fine as floating profit has been swelling....
Hello World!
  • #13,732
  • Aug 7, 2014 9:30pm Aug 7, 2014 9:30pm
Quoting anton.olff
{quote} Iraq, Ukraine, etc. Hey, we could have 3 or 4 conflicts driving up the price soon.
President Obama authorised air strike on Iraq.
A trade should be based on an assumption based on facts
  • #13,733
  • Aug 7, 2014 9:32pm Aug 7, 2014 9:32pm
Quoting ClockTrader
I have realized only 1% profit so far this month.. but its fine as floating profit has been swelling....
CT i am so far from an expert it is un true but i fully get the method to your madness...

At some point within the next 12 months Gold is going to break to the upside and it isn't going to stop at 1400 or even 1450..

The channel is byu the session getting smaller...

Personally i fully expect there to be a very bumpy ride between now and then, i expect the mm's to knock as many people out of the market as they can but gold is still going to rise.

I would not be surprised to see it at the 1260 level within the next 3 weeks but eventually it will be heading one way after a very volitile few weeks and then will be the ultimate time to take a position imo.

Ive been watching the markets and their movements for the last 6 years and for now i stay out of gold but at some point within the next 9 months it wil be time to buckle up and have faith.

Really do wish everyone here the rite side of the trade.
Que Sera
  • #13,734
  • Aug 7, 2014 9:46pm Aug 7, 2014 9:46pm
what a mistake.....back to looooong
  • #13,735
  • Aug 7, 2014 9:51pm Aug 7, 2014 9:51pm
Quoting wafiqsalameh
what a mistake.....back to looooong
dude,
you are more expert than me but i would like to suggest not to change back direction to Long. Its hardly game till 1320 or max till 1332 then again 1298 - 1295 region.
also day just started and we have london / US sessions to pull it down.
about me, i am adding shorts.
regards,
azfar
  • #13,736
  • Aug 7, 2014 9:52pm Aug 7, 2014 9:52pm
Big picture known days ago
http://www.forexfactory.com/showthre...13#post7655513
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Neural Network Algorithm and Econophysics
  • #13,737
  • Aug 7, 2014 9:54pm Aug 7, 2014 9:54pm
Quoting azfarjaved
{quote} dude, you are more expert than me but i would like to suggest not to change back direction to Long. Its hardly game till 1320 or max till 1332 then again 1298 - 1295 region. also day just started and we have london / US sessions to pull it down. about me, i am adding shorts. regards, azfar
you can be right.....but i see a possibility of 1350 today....believe it or not
  • #13,738
  • Aug 7, 2014 9:55pm Aug 7, 2014 9:55pm
Quoting ClockTrader
Looks like I've been making some stupid moves by closing longs in the past 24 hrs :-( Well, I'll take out my frustration by applying aggressive dark green SL on existing longs.... IF this falls, let the fall clean the slate SL for longs @ 1302 PS: Closed some more shorts and took tiny loss!
Closed 2 shorts in small loss, will lift SLs of longs now in order to cover the loss....
Hello World!
  • #13,739
  • Aug 7, 2014 10:03pm Aug 7, 2014 10:03pm
I better post a lot lesser here.. as I am in turbo mode today...

Will shuffle and trade longs and shorts aggressively, can't let PA take my profits.. No way...
Hello World!
  • #13,740
  • Aug 7, 2014 10:08pm Aug 7, 2014 10:08pm
Quoting ClockTrader
I better post a lot lesser here.. as I am in turbo mode today... Will shuffle and trade longs and shorts aggressively, can't let PA take my profits.. No way...
if it breaks 115 tp is 122 at least , good power to break above weekly , etc.

This is daily blue line
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Neural Network Algorithm and Econophysics
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