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Only Gold!

  • #13,961
  • Aug 12, 2014 1:59am Aug 12, 2014 1:59am
Quoting wafiqsalameh
my opinion...on daily basis studies which is %90 right...gold still at the begining of bullish trend the start was @1298,and i called it many times that the daily trend breakout will give at least 50$ an once...so i will be vvvery surprised if i dont see at least 1350 this month
i agree with this, my target this month has been 1340
  • #13,962
  • Aug 12, 2014 2:02am Aug 12, 2014 2:02am
Quoting ClockTrader
This is a copy of Avatrade's opinion for today, not sure where you found this. The lower band value of my DCB for today is 1300 and upper coincides with Avatrade's @ 1314 :-) {quote}
I would revise my DCB values around NY morning, hope a clearer pic about PA by then..
Hello World!
  • #13,963
  • Aug 12, 2014 2:21am Aug 12, 2014 2:21am
Good morning every one
how are you all today (",)
Senior Trader Multi-Account Manager
  • #13,964
  • Aug 12, 2014 2:26am Aug 12, 2014 2:26am
Hi this is my first post here. I am not very experienced in Gold trading. I am mainly in trading Forex only. Would someone kindly enough to point me the direction (link or article) for me to do some catch ups?
Thanks.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #13,965
  • Aug 12, 2014 2:42am Aug 12, 2014 2:42am
Quoting lorix
Good morning every one how are you all today (",)
I am doing good mate :-)

Quoting FXSayWhat
Hi this is my first post here. I am not very experienced in Gold trading. I am mainly in trading Forex only. Would someone kindly enough to point me the direction (link or article) for me to do some catch ups? Thanks.
Experience is the best thing, I would suggest do some practice trading for few months at least..
Hello World!
  • #13,966
  • Aug 12, 2014 2:51am Aug 12, 2014 2:51am
Miss Gold lift up her skirt for me and let me scalp her to 1310...
  • #13,967
  • Aug 12, 2014 2:55am Aug 12, 2014 2:55am
Seeing strong resistance in the upper 1314 area, as well as strong support in the 1305 area. wonder which will break first?
Holding a small short at 1310, fingers crossed.
  • #13,968
  • Aug 12, 2014 2:58am Aug 12, 2014 2:58am
Quoting ClockTrader
{quote} I am doing good mate :-) {quote} Experience is the best thing, I would suggest do some practice trading for few months at least..
Hey ClockTrader, I have been trading FX for over 7 years now. Gold / dollar has always been a reference to me in terms how i used it as my FX trading edge. I am under the impression that gold has always be the safe heaven pair that attracted investors when there is major geopolitics involved. Would there be anything else i need to know to catch up on the gold in terms how it is affected by the market?

BTW my broker does not allow trading gold. My intention is solidly on learning. Thanks.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #13,969
  • Aug 12, 2014 3:01am Aug 12, 2014 3:01am
First -1310 to scare you… then to 1315…
  • #13,970
  • Aug 12, 2014 3:02am Aug 12, 2014 3:02am
My opinion - we will visit Friday's high again - maybe in NY session, or tomorrow morning in Asian session, and maybe even move past...
1H had a BB squeeze which is popping to the upside now, and 4H tried 4 times to break 21ema, and failed... I could, of course, be wrong, but that's where my money is..
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Itchy Spirit Return This Year: na
  • #13,971
  • Aug 12, 2014 3:04am Aug 12, 2014 3:04am
And then me and Miss Gold have wild and crazy sex with the heat turned on to make it even more steamy...
  • #13,972
  • Aug 12, 2014 3:08am Aug 12, 2014 3:08am
Mate, I like to follow Golden Seasons on broad level and for swings and rallies, I love VSA..

Check Post-1 of this thread for seasons..

Quoting FXSayWhat
{quote} Hey ClockTrader, I have been trading FX for over 7 years now. Gold / dollar has always been a reference to me in terms how i used it as my FX trading edge. I am under the impression that gold has always be the safe heaven pair that attracted investors when there is major geopolitics involved. Would there be anything else i need to know to catch up on the gold in terms how it is affected by the market? BTW my broker does not allow trading gold. My intention is solidly on learning. Thanks.
Hello World!
  • #13,973
  • Aug 12, 2014 3:09am Aug 12, 2014 3:09am
Narrow escape for my SLs by far.. Gosh, these fellas Bears and Bulls are in angry mode..
Attached Image (click to enlarge)
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Hello World!
  • #13,974
  • Aug 12, 2014 3:11am Aug 12, 2014 3:11am
Quoting ClockTrader
I plan to add about 2 more shorts by NY morning IF patterns support. In the meanwhile I just applied SL to shorts lying in the higher region in order to offset the losses from shorts in the lower region. I shall be happy to take nominal loss, but not anything that looks bad in my account books. In the process, if Gold shoots higher today, that would apparently bring down my floating profit a little. PS: Net 6 shorts right now.. {image}
The way its showing up on VSA, its peaking out fast on M15 and M30, therefore, I would not take risk by using SLs

net position: 6 naked shorts (w/o SL)
Hello World!
  • #13,975
  • Aug 12, 2014 3:22am Aug 12, 2014 3:22am
We make love…...
  • #13,976
  • Aug 12, 2014 3:28am Aug 12, 2014 3:28am
Due to a conference call, I missed another near perfect 30 pipper:

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-08-12_17-26-44.png Size: 57 KB

I find this kinda approach is relatively safe without much drawdown. I see it repeats again and again....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #13,977
  • Edited 3:45am Aug 12, 2014 3:34am | Edited 3:45am
Can silver finally wipe the tarnish of these shorts and break the 4hr channel for glory of the bull?
As the lights go by so too do the shadows move
  • #13,978
  • Aug 12, 2014 4:03am Aug 12, 2014 4:03am
"Russia sending aid convoy to Ukraine despite Western warnings of 'invasion pretext'"

since media is interpreting everything as a threat, I will close my shorts and find something else to trade today and probably for the rest of the week.

http://uk.reuters.com/article/2014/0...0GB0DW20140812
I recommend you read something else as this sentence is now concluded.
  • #13,979
  • Aug 12, 2014 4:56am Aug 12, 2014 4:56am
There's the 1310 drop… gold scalping is fun
  • #13,980
  • Aug 12, 2014 5:02am Aug 12, 2014 5:02am
Quoting Ck87
There's the 1310 drop… gold scalping is fun
care to share some strategies with this newbie?
never tried scalping anything, but seems like something to do on nights where sleep doesnt come easy.
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