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  • #15,561
  • Sep 2, 2014 9:37am Sep 2, 2014 9:37am
when was i started trade in Gold it was in 1190 level. Today's PA remind me that level and i think many trader capture green pips in this day
  • #15,562
  • Sep 2, 2014 9:54am Sep 2, 2014 9:54am
Quoting schematics
{quote} The bear trend is quite strong (1h TF - base on ADX), it even gap down around 10 pips. It may reach at strong support @1240. Hopefully all out war would not breakout in UKRAINE.
I am long on 1287 and short from 1267.90 and have sl on short at 1267 awaiting for these strong news about Ukraine to close short automatically and cover the long one with profit. USD cant be strong for long. It have to be broken when all the fake support disappear. But how long? This is the question. Thats my opinion
  • #15,563
  • Sep 2, 2014 9:58am Sep 2, 2014 9:58am
Quoting AmiFX
{image}
i think @1263 is not that strong as a support, the bears may break that easily... for me strong support @1243
  • #15,564
  • Sep 2, 2014 10:13am Sep 2, 2014 10:13am
Quoting ClockTrader
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.

whats your position now CT ? this couldnt have gone THAT good with all those longs still intact.. even with green SLs.. what is your view now... where do you suggest might be a buying level.. i had triangles and trend lines breaking throughout the day kept on scalping a healthy amount of profits on shorts.. but it will all mean nothing if i dont manage to get out of the longs around late 1290s somehow..

this is just one chart of H1.. i even have a breakout on day chart triangle and weekly.. i think 1252 is possible
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  • #15,565
  • Sep 2, 2014 10:55am Sep 2, 2014 10:55am
Quoting Mitchoss
{quote} Taken this position. Longs are on with SL in place
Hey Mitch,

Still holding the long? I see your explorer is turned off now.
O you possessed of sturdy intellect, observe the teaching that is hidden
  • #15,566
  • Sep 2, 2014 11:04am Sep 2, 2014 11:04am
Quoting AnilLonely
{quote} Thanks a lot for the information. Could you please let us know what might be the lowest value that is possible when looked in with your analysis.
Like I said earlier, IF Gold does not bounce back to 1300 or around that, longs would look very dirty.
Hello World!
  • #15,567
  • Sep 2, 2014 11:07am Sep 2, 2014 11:07am
Quoting haider13
{quote} whats your position now CT ? this couldnt have gone THAT good with all those longs still intact.. even with green SLs.. what is your view now... where do you suggest might be a buying level.. i had triangles and trend lines breaking throughout the day kept on scalping a healthy amount of profits on shorts.. but it will all mean nothing if i dont manage to get out of the longs around late 1290s somehow.. this is just one chart of H1.. i even have a breakout on day chart triangle and weekly.. i think 1252 is possible {image} {image}
IF this bounces as expected, I would like to sell on VVSA - H1 peakouts. I would not like to sell at current levels but buy contracts (in Indian market conservatively).

On the other hand if it keeps falling, this downward rally could continue for about 4 - 8 weeks.
Hello World!
  • #15,568
  • Sep 2, 2014 11:15am Sep 2, 2014 11:15am
Quoting haider13
{quote} whats your position now CT ? this couldnt have gone THAT good with all those longs still intact.. even with green SLs.. what is your view now... where do you suggest might be a buying level.. i had triangles and trend lines breaking throughout the day kept on scalping a healthy amount of profits on shorts.. but it will all mean nothing if i dont manage to get out of the longs around late 1290s somehow.. this is just one chart of H1.. i even have a breakout on day chart triangle and weekly.. i think 1252 is possible {image} {image}
http://www.forexfactory.com/showthre...82#post7711482

REPEAT:
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Hello World!
  • #15,569
  • Sep 2, 2014 11:19am Sep 2, 2014 11:19am
Quoting ClockTrader
{quote} http://www.forexfactory.com/showthre...82#post7711482 REPEAT: {image}
buy "sell" you mean ull start putting in shorts ? or cut your longs ?
  • #15,570
  • Sep 2, 2014 11:21am Sep 2, 2014 11:21am
Quoting haider13
{quote} whats your position now CT ? this couldnt have gone THAT good with all those longs still intact.. even with green SLs.. what is your view now... where do you suggest might be a buying level.. i had triangles and trend lines breaking throughout the day kept on scalping a healthy amount of profits on shorts.. but it will all mean nothing if i dont manage to get out of the longs around late 1290s somehow.. this is just one chart of H1.. i even have a breakout on day chart triangle and weekly.. i think 1252 is possible {image} {image}
The floating P/L is like -14% now. IF it continues to fall, I might wanna pump backup funds to bring this down.

It looks kool below 10% :-)
Hello World!
  • #15,571
  • Sep 2, 2014 11:24am Sep 2, 2014 11:24am
Quoting haider13
{quote} buy "sell" you mean ull start putting in shorts ? or cut your longs ?
Well, the remainder shorts I have right now are in DARK GREEN. These look very juicy. I feel like squeezing some off these fruits now.

Going forward, I would like to add shorts on VVSA H1 peak outs. I don't have any juicy green longs right now, so there is no question of closing any of these in red. However, my risk appetite is falling, therefore I would like to play safe.
Hello World!
  • #15,572
  • Sep 2, 2014 11:30am Sep 2, 2014 11:30am
This has fallen way more than I had expected, nevertheless, with MM and backup funds in place, I can handle rough days like this.

However, my risk appetite is going down and if there is another fall of 30 - 50 $ this week instead of 30 - 40 $ climb, I would say my speculation and analysis went wrong.
Attached Images
Hello World!
  • #15,573
  • Sep 2, 2014 11:35am Sep 2, 2014 11:35am
My net position: 14 longs

I'd call it a day now, quite a rough day it was. Have a nice and green one you all!
Hello World!
  • #15,574
  • Sep 2, 2014 12:16pm Sep 2, 2014 12:16pm
Quoting waleed.khan
{quote} Be mindful of the support areas https://www.tradingview.com/v/HxB7xLH5/

This trade from 1291 has been working out great too... there still could be more downside. USD INDEX is looking very strong but a testing area is approaching which might put some pressure on it... Will be very interesting to see how it reacts at those levels.
  • #15,575
  • Sep 2, 2014 3:11pm Sep 2, 2014 3:11pm
Quoting tbond007
{quote} Hey Mitch, Still holding the long? I see your explorer is turned off now.
I dunno why that keeps happening, when I use my samsung tablet it hides it, and have to turn it back on when I use my laptop... Technology.

Yes I am holding longs for the bounce still. Almost hit the TP regions I mentioned last night (1270 and 19.3) but not quite.

Mitch
  • #15,576
  • Sep 2, 2014 3:12pm Sep 2, 2014 3:12pm
now 1264.93


this support strong or weak ?


Are you waiting for a new support?

what a price profit ?
  • #15,577
  • Sep 2, 2014 3:49pm Sep 2, 2014 3:49pm
Quoting Mitchoss
{quote} I dunno why that keeps happening, when I use my samsung tablet it hides it, and have to turn it back on when I use my laptop... Technology. Yes I am holding longs for the bounce still. Almost hit the TP regions I mentioned last night (1270 and 19.3) but not quite. Mitch
And I just added few shorts.. tight sl
69
  • #15,578
  • Sep 2, 2014 4:22pm Sep 2, 2014 4:22pm
Quoting Likerty
{quote} And I just added few shorts.. tight sl
Always on the right side!
A trade should be based on an assumption based on facts
  • #15,579
  • Sep 2, 2014 6:59pm Sep 2, 2014 6:59pm
Quoting Mitchoss
{quote} I dunno why that keeps happening, when I use my samsung tablet it hides it, and have to turn it back on when I use my laptop... Technology. Yes I am holding longs for the bounce still. Almost hit the TP regions I mentioned last night (1270 and 19.3) but not quite. Mitch
Great thanks!
O you possessed of sturdy intellect, observe the teaching that is hidden
  • #15,580
  • Sep 2, 2014 7:27pm Sep 2, 2014 7:27pm
It could move like this.
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