Only Gold! | Page 808 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Journal (only my take) 436 replies

Trading gold and silver only 59 replies

An idea for building wealth...using only gold 9 replies

GOLD traders only 90 replies

Attachments: Only Gold!
Exit Attachments

Only Gold!

  • #16,141
  • Sep 17, 2014 8:32am Sep 17, 2014 8:32am
As expected, another quiet day for Gold and Silver so far...the lull before the storm.

All that will change big time during the next 36 hrs where volatilility for all markets is bound to dramatically increase, so fasten your seat belts folks.... we have an interesting and hopefully profitable ride coming our way soon.
  • #16,142
  • Sep 17, 2014 8:37am Sep 17, 2014 8:37am
account1: pending long order @ 1234-1235 before news
//
account2: pending short order @ 1237-1238 before news

spread will widen, I don't want to trade the FOMC minutes.

any suggestions?
  • #16,143
  • Sep 17, 2014 8:52am Sep 17, 2014 8:52am
Quoting openyoureyes
account1: pending long order @ 1234-1235 before news // account2: pending short order @ 1237-1238 before news spread will widen, I don't want to trade the FOMC minutes. any suggestions?
Hedge with usdjpy.
A trade should be based on an assumption based on facts
  • #16,144
  • Sep 17, 2014 8:53am Sep 17, 2014 8:53am
Quoting openyoureyes
account1: pending long order @ 1234-1235 before news // account2: pending short order @ 1237-1238 before news spread will widen, I don't want to trade the FOMC minutes. any suggestions?
No suggestions I'm afraid....the market is poised to go either way, its finely balanced and the fact is no one knows yet which way yet.
  • #16,145
  • Sep 17, 2014 1:00pm Sep 17, 2014 1:00pm
Gentlemen.. lets begin the proceedings.. imo.. either we touch 1260.. or 1200..:/good luck everyone
  • #16,146
  • Sep 17, 2014 1:27pm Sep 17, 2014 1:27pm
I'm short from 1,235 TP 1,225 No stop loss. Watching the trade closely.
  • #16,147
  • Sep 17, 2014 1:35pm Sep 17, 2014 1:35pm
Quoting haider13
Gentlemen.. lets begin the proceedings.. imo.. either we touch 1260.. or 1200..:/good luck everyone
i hope it goes to 1260
  • #16,148
  • Sep 17, 2014 1:38pm Sep 17, 2014 1:38pm
Monstrous volume on that hammer. I'm guessing large spec shorts covered into that stick...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB
"Where you want to be is always in control, never wishing, always trading.
  • #16,149
  • Sep 17, 2014 1:47pm Sep 17, 2014 1:47pm
Quoting Spec_And
Monstrous volume on that hammer. I'm guessing large spec shorts covered into that stick... {image}
i think its going up
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 25 KB
  • #16,150
  • Sep 17, 2014 1:50pm Sep 17, 2014 1:50pm
Quoting drunkeyez302
{quote} i think its going up {image}
Too early to tell.
"Where you want to be is always in control, never wishing, always trading.
  • #16,151
  • Sep 17, 2014 1:53pm Sep 17, 2014 1:53pm
Quoting Spec_And
{quote} Too early to tell.
totally agreed with u
  • #16,152
  • Sep 17, 2014 2:00pm Sep 17, 2014 2:00pm
The market probably priced in taking out the phrase "for a considerable time" in reference to the US IR (which it didn't) so there could be a climb. Press conference still in progress so lots happening yet.
As the lights go by so too do the shadows move
  • #16,153
  • Sep 17, 2014 2:03pm Sep 17, 2014 2:03pm
i guess gold does not like me it always goes on opposite direction of my positions i think there is some black spell on my laptop or trading acc
  • #16,154
  • Sep 17, 2014 2:17pm Sep 17, 2014 2:17pm
Quoting drunkeyez302
i guess gold does not like me it always goes on opposite direction of my positions i think there is some black spell on my laptop or trading acc
You should never have an open position before high powered news item. It can wipe your account. I'm out of my short at 1,230.86. Yellen is not good for trading because she doesn't give clear direction for the market to follow. She is too careful. I think i will wait for European market tomorrow. Analyst will have figured out the gibberish in her speech by then.

Good Night people.
  • #16,155
  • Sep 17, 2014 2:54pm Sep 17, 2014 2:54pm
Quoting drunkeyez302
{quote} totally agreed with u
And now we have the answer. This is why its dangerous to take a position based on just one candlestick, reversals require confirmation.
"Where you want to be is always in control, never wishing, always trading.
  • #16,156
  • Sep 17, 2014 3:04pm Sep 17, 2014 3:04pm
Right now , aiming for 1213
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB
Click to Enlarge Name: Screenshot2.png Size: 60 KB
Neural Network Algorithm and Econophysics
  • #16,157
  • Sep 17, 2014 3:15pm Sep 17, 2014 3:15pm
guys an interesting thing ......... look at DX, USDJPY, EURUSD and Gold in 06/30/2013 and now
  • #16,158
  • Sep 17, 2014 3:18pm Sep 17, 2014 3:18pm
My Opinion; I think the market had priced in what the FMOC has presented to us today. Nothing new there. I don't expect gold to break 1,215 before a rebound of 1,240's 1,250's... It is with this in mind that I have taken a step and bought at 1,221.77. The downside is short from where I'm. The upside on the other hand, is something else. Let the games begin.
  • #16,159
  • Sep 17, 2014 3:19pm Sep 17, 2014 3:19pm
It's on an interesting support. It might break...
  • #16,160
  • Sep 17, 2014 3:20pm Sep 17, 2014 3:20pm
Quoting apoozery
guys an interesting thing ......... look at DX, USDJPY, EURUSD and Gold in 06/30/2013 and now
Exactly where the market is at this time.
7 traders viewing now