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  • #15,801
  • Sep 9, 2014 1:52pm Sep 9, 2014 1:52pm
Quoting ClockTrader
{quote} If I were in your shoes, I would sit on the sidelines and wait for a bottom-out. Its not in sight yet, not in my sight by far. These are my positions.. {image} {image}
Here's a guess as to why dollar is rising, arms needed for war. Nice positions anyways.
A trade should be based on an assumption based on facts
  • #15,802
  • Sep 9, 2014 2:05pm Sep 9, 2014 2:05pm
Quoting Mave
{quote} Here's a guess as to why dollar is rising, arms needed for war. Nice positions anyways.
thats true...
hey Mave,,,have you or some one hear about the china giant????better Dan gold...
Alibaba Group IPO
all times learnning
  • #15,803
  • Sep 9, 2014 2:54pm Sep 9, 2014 2:54pm
Quoting ClockTrader
{quote} First thing, seasons are not for traders, but for investors, well mentioned in my article.. Secondly, you didn't look at Golden Seasons and last 30 yrs' trends with discerning eyes, did you? Do you know average trader's psychology? They buy when price is climbing and sell when price is falling. Do you feel Scared when you buy and price goes down the hill? I bet you do. I don't mean to disrespect you in anyway, but, only trying to enlighten you. {image} {image}
Hi CT, I did not mean to disrespect you or your system either. It is just typical of me to have "see to believe it" mentality. Thus far Gold has only made one new high in March and we have not been anywhere close since then. Although we did not break 2013's lows, I was expecting the seasons to actually do more in terms of just having a small up as a bullish season if you get what I mean. In my head, a bullish season felt more like we will break new highs by January 2015. If it does happen, I will definitely believe in your seasonal trading. Otherwise, I guess we could all just simply say this year was an exception.

Either way USDJPY has broken 2013 highs but as I am typing this it is falling and Gold flew up by about $8. This week should be a relatively important week to tell us the next direction with this type of PA happening.

I wish you all the best.
A 1 pip gain is better than a 1 pip loss.
  • #15,804
  • Sep 9, 2014 3:47pm Sep 9, 2014 3:47pm
Looks like the 1250 level is going to hold. Retails are starting to buy the US mkt pull backs, seeing some complacency there.

So.... US mkt down-- Gold up is what I'm seeing short term.
  • #15,805
  • Sep 9, 2014 4:10pm Sep 9, 2014 4:10pm
Quoting Ck87
Looks like the 1250 level is going to hold. Retails are starting to buy the US mkt pull backs, seeing some complacency there. So.... US mkt down-- Gold up is what I'm seeing short term.

Agreed. This is how I am seeing it right now. If price breaks the top dotted line then we could be in for a rally and the possible start for the 3rd impulse wave. However if price slips below then the entire impulse wave structure was wrong.

https://www.tradingview.com/v/VovGcexT/
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd10sep.png Size: 93 KB
  • #15,806
  • Sep 9, 2014 4:11pm Sep 9, 2014 4:11pm
So many good formations all night I couldn't go to bed (Aussie time). Wedge Break downside, H&S/break of hourly falling wedge to go back up, C&H pause before further up, now a good bull flag but is in doubt due to time and lack of volume and I will leave it till I wake up. I do like it when charts speak my language, it is a good indication that there is a lack of manipulation in the PA imo. Daily candle has closed with a Doji and it has a bullish feel to me but will need to go above 1258 to confirm imo.
As the lights go by so too do the shadows move
  • #15,807
  • Sep 9, 2014 4:20pm Sep 9, 2014 4:20pm
Quoting verdisol
{quote} thats true... hey Mave,,,have you or some one hear about the china giant????better Dan gold... Alibaba Group IPO
yes, the biggest ipo ever. Also read somewhere that people will eventually go out to have a look at things before they buy them. Have not given a thought yet.
A trade should be based on an assumption based on facts
  • #15,808
  • Sep 9, 2014 9:31pm Sep 9, 2014 9:31pm
Quoting heispark
Sellers need to be cautious... Potential down further some more and then rebound. (4H) {image}
Watching this out closely... I expect we may have a buy oppotunity today.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #15,809
  • Sep 9, 2014 10:17pm Sep 9, 2014 10:17pm
Did anybody else get a 60 pip spike down on open today (1249)?
As the lights go by so too do the shadows move
  • #15,810
  • Sep 9, 2014 10:18pm Sep 9, 2014 10:18pm
Quoting Matts Micro
Did anybody else get a 60 pip spike down on open today (1249)?
Yup I got it on icmarkets
  • #15,811
  • Sep 9, 2014 10:20pm Sep 9, 2014 10:20pm
Quoting devin90
{quote} Yup I got it on icmarkets
That's who I'm with

Anybody else?

I am with 3 other brokers and none of those have a false price.
As the lights go by so too do the shadows move
  • #15,812
  • Sep 9, 2014 10:23pm Sep 9, 2014 10:23pm
I'm expecting a wonderful spike today targeting 1261+, took long with stop around 1246

reason: based on VSA
I recommend you read something else as this sentence is now concluded.
  • #15,813
  • Sep 9, 2014 10:36pm Sep 9, 2014 10:36pm
Quoting Matts Micro
{quote} That's who I'm with Anybody else? I am with 3 other brokers and none of those have a false price.
No dear, nothing happened this on FXCM, InstaForex & HotForex.
  • #15,814
  • Sep 9, 2014 10:41pm Sep 9, 2014 10:41pm
Quoting azfarjaved
{quote} No dear, nothing happened this on FXCM, InstaForex & HotForex.
Thank you.

Ima call IC Markets to see why their feed is full of BS.
As the lights go by so too do the shadows move
  • #15,815
  • Sep 9, 2014 10:56pm Sep 9, 2014 10:56pm
I believe the dip is real. http://goldprice.org/

Some of my long also hit SL there :'(
  • #15,816
  • Sep 9, 2014 11:11pm Sep 9, 2014 11:11pm
Quoting Valodimer
I believe the dip is real. http://goldprice.org/ Some of my long also hit SL there :'(
The dip that is on that website is correct. It is 3 hours after that dip that the price spike occurs nearly back down to previous lows.
As the lights go by so too do the shadows move
  • #15,817
  • Sep 9, 2014 11:13pm Sep 9, 2014 11:13pm
The BS spike.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd #44 price spike.png Size: 43 KB
As the lights go by so too do the shadows move
  • #15,818
  • Sep 9, 2014 11:22pm Sep 9, 2014 11:22pm
Quoting Matts Micro
The BS spike. {image}
NO Spike in my alpari
  • #15,819
  • Sep 9, 2014 11:23pm Sep 9, 2014 11:23pm
okay, that's definitely bs then. None of brokers i checked with have that spike.
  • #15,820
  • Sep 9, 2014 11:32pm Sep 9, 2014 11:32pm
Quoting Matts Micro
The BS spike. {image}
Thats your broker stop running, I see no such spike on comex.
"Where you want to be is always in control, never wishing, always trading.
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