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  • #13,981
  • Aug 12, 2014 5:05am Aug 12, 2014 5:05am
Quoting froglicker
{quote} 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.

The less experience you have the better it is to be on the sidelines and wait for big swings at extreme points.

I've just started to take up scalping because there seems to be a lot of money to be made at it.

It's time consuming and not easy..
  • #13,982
  • Aug 12, 2014 5:39am Aug 12, 2014 5:39am
made a short @ 1311.80
Senior Trader Multi-Account Manager
  • #13,983
  • Aug 12, 2014 6:04am Aug 12, 2014 6:04am
Looks committed to climb higher, I'll wait for another small peak-out (VSA-M15) or 12 pm NY before adding shorts..

Gosh! This bully nature could continue till weekend OR will PA gime a chance to hedge these shorts in green? I'll wait & watch..
Hello World!
  • #13,984
  • Aug 12, 2014 6:04am Aug 12, 2014 6:04am
Just heard breaking news on local TV (ABC Aus) Russian's heading in with their "humanitarian" aid that is being called an illegal act by the international community.
As the lights go by so too do the shadows move
  • #13,985
  • Aug 12, 2014 6:05am Aug 12, 2014 6:05am
Quoting lorix
made a short @ 1311.80

Can i ask why

It seems as todays geopol's are pushing gold up the mountain.
  • #13,986
  • Aug 12, 2014 6:20am Aug 12, 2014 6:20am
closer and closer every day for the break out
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Senior Trader Multi-Account Manager
  • #13,987
  • Aug 12, 2014 6:21am Aug 12, 2014 6:21am
Quoting Technoviking
{quote} Can i ask why It seems as todays geopol's are pushing gold up the mountain.
it went out of my bbl chart so i am expecting a pull back + i ll keep going on short as long as we didn't break the high
Senior Trader Multi-Account Manager
  • #13,988
  • Aug 12, 2014 6:24am Aug 12, 2014 6:24am
Quoting lorix
{quote} it went out of my bbl chart so i am expecting a pull back + i ll keep going on short as long as we didn't break the high
if you back few pages ull find a chart i posted about head and shoulders formation its not completed yet i want to catch a good move with a stop loss over the high when it happens
Senior Trader Multi-Account Manager
  • #13,989
  • Aug 12, 2014 6:29am Aug 12, 2014 6:29am
Quoting Matts Micro
Just heard breaking news on local TV (ABC Aus) Russian's heading in with their "humanitarian" aid that is being called an illegal act by the international community.
I can't find confirmation of this anywhere, said they were crossing the border. I will be in touch with the gov. run TV station if it's false, something to sink the teeth into
As the lights go by so too do the shadows move
  • #13,990
  • Aug 12, 2014 6:38am Aug 12, 2014 6:38am
Thank you for the reply lorix.


For the news, multiple agencys reporting that the Russian convoy wont be allowed to cross the UKR border.
  • #13,991
  • Aug 12, 2014 7:12am Aug 12, 2014 7:12am
Putin to meet Russia’s top security officials in Crimea on Wednesday
He who fears being conquered is sure of defeat - Napoleon Bonaparte
  • #13,992
  • Aug 12, 2014 7:19am Aug 12, 2014 7:19am
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}
Why short? Far easier to just sit tight long IMO. If it dips to 1300, add more. If it dips further to 1295, get out I guess, re-evaluate.
You seem to be long and short at the same time; but I guess you're an experienced guy who knows what he's doing.
I have no clue what I'm talking about.
  • #13,993
  • Aug 12, 2014 7:26am Aug 12, 2014 7:26am
What i tell ya.. 1310 then to 1315.. rocket science is happening
  • #13,994
  • Aug 12, 2014 7:28am Aug 12, 2014 7:28am
Quoting Ck87
What i tell ya.. 1310 then to 1315.. rocket science is happening
And I am waiting for PA to break 1322.61... But I think it's relatively safe to say we'll see 1317 pretty soon...
Itchy Spirit Return This Year: na
  • #13,995
  • Aug 12, 2014 7:32am Aug 12, 2014 7:32am
1317.81 maybe a number for scalping...but i wont do it lol
  • #13,996
  • Aug 12, 2014 7:36am Aug 12, 2014 7:36am
Quoting wafiqsalameh
1317.81 maybe a number for scalping...but i wont do it lol
Long to 1317.81 or short from?
  • #13,997
  • Aug 12, 2014 7:42am Aug 12, 2014 7:42am
for silver...clear break of 20.26....i will close my long gold and go long silver
  • #13,998
  • Aug 12, 2014 7:42am Aug 12, 2014 7:42am
I am waiting for 1320 to close my longs and enter shorts............
  • #13,999
  • Aug 12, 2014 7:47am Aug 12, 2014 7:47am
Quoting wafiqsalameh
for silver...clear break of 20.26....i will close my long gold and go long silver

but20.14is a minor daily resistance,if doesnt break it today,tommorow it will be major resistance and will enter long tomorrow if break it tommorow
  • #14,000
  • Aug 12, 2014 7:57am Aug 12, 2014 7:57am
Exness Server Down, Can't Take Profit.
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