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  • #15,481
  • Sep 2, 2014 3:35am Sep 2, 2014 3:35am
now gold stands right on the trend line waiting to break the 2 weeks low @ 1272.00 to confirm the down trend and triangle break out for 40 zone target thin the 1180 target again and see there what could be happens
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Senior Trader Multi-Account Manager
  • #15,482
  • Sep 2, 2014 3:39am Sep 2, 2014 3:39am
to not see a strong bounce off that line already (to me) indicates more downside pressure. I am not bias to the downside as I am looking to load up some very large long positions once the move is complete.
  • #15,483
  • Sep 2, 2014 3:41am Sep 2, 2014 3:41am
Quoting Mitchoss
{quote} Be very aware if this lower line breaks you will not be wanting to hold longs. If we don't bounce here manage your positions accordingly. {image}
Thanks Mitchoss. Will keep that in mind.
  • #15,484
  • Sep 2, 2014 4:44am Sep 2, 2014 4:44am
if it goes more down and if i get another -200$ loss then my account is history
  • #15,485
  • Sep 2, 2014 4:49am Sep 2, 2014 4:49am
Quoting drunkeyez302
if it goes more down and if i get another -200$ loss then my account is history
Same with me. If we see a value below 1260, my account will also be a history.
  • #15,486
  • Sep 2, 2014 5:00am Sep 2, 2014 5:00am
Gold cant move to 1260 today my expectation is probably the lower of 70es might be on card but 60 in near future is very tough. I see gold will be making correction from 70eis and will be heading up to 88 in 3 days. I ll be posting chart and discussing some fundamentals soon ... please be calm and have patience pills
  • #15,487
  • Sep 2, 2014 5:01am Sep 2, 2014 5:01am
My first post here
Im also taking quite a beating today... worst day in the last few months!
My hopes are all on the 2014 trendline/wedge... if that breaks i'm also history!
  • #15,488
  • Sep 2, 2014 5:06am Sep 2, 2014 5:06am
Quoting tamoor68
Gold cant move to 1260 today my expectation is probably the lower of 70es might be on card but 60 in near future is very tough. I see gold will be making correction from 70eis and will be heading up to 88 in 3 days. I ll be posting chart and discussing some fundamentals soon ... please be calm and have patience pills
Thanks a lot for he information. it would be grate if you could share your analysis so that noobs like me can learn something out of it. By the way when can wee see a value above 1310. Any guess
  • #15,489
  • Sep 2, 2014 5:15am Sep 2, 2014 5:15am
yea same here..if it goes to 1260 i am dead and also i have alot of long positions open in GBP which is also coming down alot. so now this trading is fucking me into my all available holes
  • #15,490
  • Sep 2, 2014 5:18am Sep 2, 2014 5:18am
only if i had all these positions on sell instead of buy. then i would have alot of profit right now lol.. happens everytime and always it makes me think that every trade i open is wrong??? every position i opened in the past gave me atleast 50$ loss and then it turned back and gave me some profit. i work on both technical and fundamental but this time its gone too far. i know i should'nt have slept this night and researched a lil bit more then i would be the one making profits right now
  • #15,491
  • Sep 2, 2014 5:20am Sep 2, 2014 5:20am
Quoting drunkeyez302
only if i had all these positions on sell instead of buy. then i would have alot of profit right now lol.. happens everytime and always it makes me think that every trade i open is wrong??? every position i opened in the past gave me atleast 50$ loss and then it turned back and gave me some profit. i work on both technical and fundamental but this time its gone too far. i know i should'nt have slept this night and researched a lil bit more then i would be the one making profits right now
Most funny thing is i too felt the same way and even i had dreams that all my sell deals turned green and gave me 130$ profit

I woke up suddenly in exitement and checked it on my mobile and was seeing a red value of 100$ all together.
  • #15,492
  • Sep 2, 2014 5:22am Sep 2, 2014 5:22am
sorry my bad. 1260 is far away..if it goes to 1274-1273 then im surely out of market ;(
  • #15,493
  • Sep 2, 2014 5:22am Sep 2, 2014 5:22am
Yeah the pound is taking quite a beating, i was expecting the 1.6535 to act as a triple bottom support, but it didnt stand a chance!
  • #15,494
  • Sep 2, 2014 5:23am Sep 2, 2014 5:23am
my account is gone. it moved to 1270 the hard earned money gone now
  • #15,495
  • Sep 2, 2014 5:24am Sep 2, 2014 5:24am
1500$ gone
  • #15,496
  • Sep 2, 2014 5:27am Sep 2, 2014 5:27am
Quoting drunkeyez302
1500$ gone
So sorry for that bro. I am still fighting for a journey towards north...........
  • #15,497
  • Sep 2, 2014 5:28am Sep 2, 2014 5:28am
hard move cleared alot of traders away ..
Investing is SIMPLE but NOT EASY
  • #15,498
  • Sep 2, 2014 5:33am Sep 2, 2014 5:33am
About 17 long positions blew in average GREEN. Total 2% profit realization this month so far and -11% floating P/L

14 longs active and comfortable with them. I will sell once there is a peak out on VVSA H1. Right now only bottom outs there on VVSA.
Hello World!
  • #15,499
  • Sep 2, 2014 5:34am Sep 2, 2014 5:34am
Quoting Moly_Cam5
hard move cleared alot of traders away ..
Yes most of the peoples S/l might have hit. Earlier i have seen some user saying that they had taken long and given a s/l of 1271. I wish he might had removed his s/l value .....
  • #15,500
  • Sep 2, 2014 5:34am Sep 2, 2014 5:34am
Quoting drunkeyez302
my account is gone. it moved to 1270 the hard earned money gone now

I don't post on FF much these days, but I happened to see your predicament. I'm sorry that your account got burned, but as they say, 'every cloud has a silver lining.'

The question to you, is what has this unfortunate happening taught you? What lessons have you learned that will help you when you come back to FX trading one day?
Doing what you like is Freedom. Liking what you do is Happiness.
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