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Only Gold!

  • #14,261
  • Aug 14, 2014 7:35am Aug 14, 2014 7:35am
Quoting moneymove
Wow, nice drop. Long @ 1309 Damn slippage, filled @ 1309.156 {image}
That which does not kill us makes us stronger
  • #14,262
  • Aug 14, 2014 7:36am Aug 14, 2014 7:36am
sweet 72 pips on Gold shutting down for the day
  • #14,263
  • Aug 14, 2014 7:38am Aug 14, 2014 7:38am
I see alto of people talking about "them" like "this is what they want you to think" about the prices on gold.. WHO are they?


Do i need to get my tinfoil hat?
  • #14,264
  • Aug 14, 2014 7:39am Aug 14, 2014 7:39am
Gold longs closed with big profit. I'm waiting for silver to skyrocket! ;d
  • #14,265
  • Aug 14, 2014 7:40am Aug 14, 2014 7:40am
I think I will be holding a few lots open and letting them run. This could be the start of a bull run, maybe
  • #14,266
  • Aug 14, 2014 7:42am Aug 14, 2014 7:42am
Quoting msh310
hedged all the shorts @ 1310.4 will target 1314-1316 before going 1301 (hope so)

closed all longs and place a new short @1316.5 with older shorts targeting 1301

with stop loss 1324
  • #14,267
  • Aug 14, 2014 7:47am Aug 14, 2014 7:47am
Quoting fxsnakes
I think I will be holding a few lots open and letting them run. This could be the start of a bull run, maybe


Better be careful ... no breakout yet.
  • #14,268
  • Aug 14, 2014 7:48am Aug 14, 2014 7:48am
Quoting lukaszm1
{quote} Better be careful ... no breakout yet.
Yes very careful. Stops at BE no risk
  • #14,269
  • Aug 14, 2014 8:13am Aug 14, 2014 8:13am
Try not to be greedy, but can't resist the temptation. Buy @ 1311 , near Daily Pivot.
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That which does not kill us makes us stronger
  • #14,270
  • Aug 14, 2014 8:13am Aug 14, 2014 8:13am
Scalped longs for sweet profits...and now in 2 longs from 1310. Think we could see 1325 before NY market close tomorrow
"The market can remain irrational longer than you can remain solvent"
  • #14,271
  • Aug 14, 2014 8:15am Aug 14, 2014 8:15am
shorted @1317.5xx
TP1 1290
TP2 1265
  • #14,272
  • Aug 14, 2014 8:25am Aug 14, 2014 8:25am
Well, bagged a total of 120-ish pips from the market today, thats all for my trading day.
Small lots, but still, feels good to catch some pips.

Cheers!
Looking forward to the next trading day!
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  • #14,273
  • Aug 14, 2014 8:41am Aug 14, 2014 8:41am
wa
Attached Image (click to enlarge)
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  • #14,274
  • Aug 14, 2014 8:48am Aug 14, 2014 8:48am
Average long price 1311.34, SL to BE ++, price crawling up, look promising. My last XAU trade today
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That which does not kill us makes us stronger
  • #14,275
  • Aug 14, 2014 8:57am Aug 14, 2014 8:57am
new fresh 4 hr is coming up lets see what silver (ang gold)can do
  • #14,276
  • Aug 14, 2014 9:07am Aug 14, 2014 9:07am
Isnt the upwards breakout cleared? Atleast for the hourly..... hmm.........

Any advise from seasoned trader here?
  • #14,277
  • Edited 10:32am Aug 14, 2014 9:13am | Edited 10:32am
Gold possible abcde on 4 hr chart before a bullish run as long as D top (1315.2) holds...

http://www.forexfactory.com/showthre...25#post7671725

https://www.tradingview.com/v/7e2W56nR/

*This count can also be looked at as a flat (abc) with a triangle BC...doing that would increase the count on the waves and might change the shape of the triangle also*
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 19 KB
  • #14,278
  • Aug 14, 2014 9:17am Aug 14, 2014 9:17am
Quoting lukaszm1
{quote} What "abcde" is? Is there also "abcdefghijkl"? LOL

Thats a elliottwave 4th wave triangle pattern...
  • #14,279
  • Aug 14, 2014 9:18am Aug 14, 2014 9:18am
Quoting actorial
Isnt the upwards breakout cleared? Atleast for the hourly..... hmm......... Any advise from seasoned trader here?

I think it might go north again 1319-1322

but i will traget 1301-1295-1290

before going 1380-1400
  • #14,280
  • Aug 14, 2014 9:20am Aug 14, 2014 9:20am
Quoting froglicker
Well, bagged a total of 120-ish pips from the market today, thats all for my trading day. Small lots, but still, feels good to catch some pips. Cheers! Looking forward to the next trading day! {image}

weldone!!!!!!!!!!!!!!!!! keep it up.

what was strategy????

120pips everyday will make you a Bill Gates very soon lol
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