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Only Gold!

  • #16,621
  • Sep 25, 2014 10:41pm Sep 25, 2014 10:41pm
Quoting Matts Micro
{quote} Looks like there is real chance for a trend change here and regardless if it doesn't, I tip my hat in your direction Sir for your knowledge of the Gold sector.
Its not going to be easy to make killing with all these waves suddenly emerging out of nowhere. Nevertheless I'm all set to trade safe and make my bread & butter.

Hello World!
  • #16,622
  • Sep 25, 2014 10:53pm Sep 25, 2014 10:53pm
Quoting ClockTrader
{quote} Its not going to be easy to make killing with all these waves suddenly emerging out of nowhere. Nevertheless I'm all set to trade safe and make my bread & butter.
Aye, bread and butter is the name of the game, leave the cakes and sweats to the gamblers.
As the lights go by so too do the shadows move
  • #16,623
  • Sep 26, 2014 12:56am Sep 26, 2014 12:56am
Quoting ClockTrader
{quote} Which broker is this? If this had happened in my accounts while I was online, I would have perhaps taken retirement for few years at least..

TenkoFX: http://tenkofx.com - based in auckland new zealand ... I was thinking the same thing ... IF that was a real acct, and i didn't reverse positions and favored the bears. got wiped out (didn't use a stop loss there), plus it shows i owe them money! am in touch with them now and waiting for a response.

and i was starting to like that platform.
  • #16,624
  • Sep 26, 2014 1:17am Sep 26, 2014 1:17am
Good Morning fellas..hope u all doing fine n green.. well gold moved to 1228 and my greedy hands didnt put any TP at 1227. and now its back where i started. well..lets see where it goes now. still looking for upward movement.
  • #16,625
  • Sep 26, 2014 1:48am Sep 26, 2014 1:48am
good morning every one hope all fine(",)
Senior Trader Multi-Account Manager
  • #16,626
  • Sep 26, 2014 1:54am Sep 26, 2014 1:54am
Good Morning!

Today's S/R Levels on MT4 Templates.

EURO
CABLE
AUDUSD
GOLD

http://www.forexfactory.com/showthre...27#post7763227

EURO PINK
CABLE PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #16,627
  • Sep 26, 2014 2:04am Sep 26, 2014 2:04am
Good Morning Everyone, In-fact Good afternoon for people from India

Placed SELL LIMIT @ 1227 last night with a T/P of 1221, Seen a good opening for my day today, the very next moment, to my terror XAU bounced to 1230 from 1221 all.


Hoping to see some Good news for XAU.
  • #16,628
  • Sep 26, 2014 2:38am Sep 26, 2014 2:38am
Hi all.

I continue to think that until price proves different that we are in a 1240-1200 type of range as recent pa has demonstrated over the last week or so, which is a decent trading range after all said and done.

I'm kind of siding long at present, but we can of course quite easily slide back down to 1200, and if it does then Ill be waiting to pull the trigger long, based upon the range mentioned at least, on the other hand, if price breaks 1240 first then that for me will constitute a momentum change to the upside to climb on board with confidence that it will continue upwards.

It isn't easy to know for sure what will happen, so using the range on 1hr and 4hr signals could be the best tactic to trade from for now.
  • #16,629
  • Edited 3:14am Sep 26, 2014 3:03am | Edited 3:14am
A difference of 0.15 in price of XAU/USD between two different brokers, ie., Markets.com and CITY bank.

Though city account is a demo,I was just curious to know why such difference will be there in between brokers?
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  • #16,630
  • Sep 26, 2014 3:31am Sep 26, 2014 3:31am
Quoting ClockTrader
{quote} Mate, I have an advise for you. If you are serious about Forex trading, I suggest practice on a demo account for 6 - 12 months first. IF you wanna try your hands on a real account, trade with pocket money. Do not stake more than you can afford to lose. Keep in mind, it takes years of education and/or experience for a person to become any of these Plumber Carpenter Physician Auto Mechanic etc. A person can't become a Forex trader by just signing up on a Broker's website.
I appreciate your advice. Still it is obvious things you posted and I guess everyone knows it me included. I think you get wrong picture of me as a "novice trader".
Me Novice: almost 5-7 years of observing market, about 4 years on demo accounts different brokers, lots of contests, 2nd year real account with small money micro lots because I still looking for my best strategy and working hard on my brain/psychology. I`m using all filters possible technical, fundamental, indicators, news, geopolitics, psychology, power of aggregate rss feeds, intuition and much more. I`m focusing on all of this thing at the same time to make decisions. Mix of those. Some of them are more important but it depends on the situation on the globe overall.
So this is me. Novice trader.
After like 10 next years maybe I will become senior trader but I need to learn much much more and even more on self-awarness and brain control.
After like 20 years maybe I will become veteran lol If I will still be alive of course
I pretty laughed what you wrote at me because it sounded like you treat me like a child right after the school lol primary
Still thanks for your advice. Profit be with you
  • #16,631
  • Sep 26, 2014 3:31am Sep 26, 2014 3:31am
Quoting Landline
Hi all. I continue to think that until price proves different that we are in a 1240-1200 type of range as recent pa has demonstrated over the last week or so, which is a decent trading range after all said and done. I'm kind of siding long at present, but we can of course quite easily slide back down to 1200, and if it does then Ill be waiting to pull the trigger long, based upon the range mentioned at least, on the other hand, if price breaks 1240 first then that for me will constitute a momentum change to the upside to climb on board with confidence...
Absolutly agree with your point.
  • #16,632
  • Sep 26, 2014 3:33am Sep 26, 2014 3:33am
Quoting AnilLonely
A difference of 0.15 in price of XAU/USD between two different brokers, ie., Markets.com and CITY bank. Though city account is a demo,I was just curious to know why such difference will be there in between brokers? {image}

hmm.. maybe some lag or something with spread dunno...
  • #16,633
  • Sep 26, 2014 3:36am Sep 26, 2014 3:36am
Quoting ohguowei
{quote} u gotta understand which industries and market is currently buying gold and silver. just look at platinum if u are still confuse.
Yeah I know. Still speculation traders minds are more important for me since gold and silver is very speculative commodity
  • #16,634
  • Sep 26, 2014 3:38am Sep 26, 2014 3:38am
Quoting moto28
{quote} Long silver @ 17.509 SL 17.329 TP 18.545 Double bottom daily, low of the bearish channel, and big volatility.....technical rebond i hope and good R/R {image}
thanks for your view, if silve hold 17.46 by Monday then i can say that silver will go long other wise silver still have bearish mood.
  • #16,635
  • Sep 26, 2014 4:03am Sep 26, 2014 4:03am
Quoting killswitch
Woke up to a scare. Thought an atomic bomb hit the middle east or something. Checked the news and here, false alarm. but crazy if this is stop hunting. Good thing this was a demo. I've been testing out this broker though for quite some time and was about to jump in. they've been reliable. Wonder what happened. 170 dollar movement in less than 30 min. then took more than 2 hrs before it dropped back to the real spot price. Oh well {image}
This is the future.
A trade should be based on an assumption based on facts
  • #16,636
  • Sep 26, 2014 4:18am Sep 26, 2014 4:18am
Quoting Mave
{quote} This is the future.
I got the same thoughts when I saw it earlier. HAHA!! ^5
  • #16,637
  • Sep 26, 2014 5:08am Sep 26, 2014 5:08am
word of advice for newbies

stay out of the markets today, unless you are trading extremely short time frames (and even smaller position sizes)

its rosh hashanah + end of week + end of quarter, liquidity will be thin...

you saw what happened last night during the US session, today might set up another great shortable opportunity for the SPX (and a long on gold)...

i expect today to be a retracement day... come back on monday and play the counter trend in gold to the upside, and spx to the downside!

good luck and green pips!
90% of people, are wrong about 90% of everything, 90% of the time...
  • #16,638
  • Sep 26, 2014 5:38am Sep 26, 2014 5:38am
Quoting theDHT
word of advice for newbies stay out of the markets today, unless you are trading extremely short time frames (and even smaller position sizes) its rosh hashanah + end of week + end of quarter, liquidity will be thin... you saw what happened last night during the US session, today might set up another great shortable opportunity for the SPX (and a long on gold)... i expect today to be a retracement day... come back on monday and play the counter trend in gold to the upside, and spx to the downside! good luck and green pips!
any thoughts on the US GDP? Already priced in? Do expect it to be market mover if differs from forecast?
  • #16,639
  • Sep 26, 2014 5:43am Sep 26, 2014 5:43am
Buy stop on 1230. tp 1320.
There will not be further downward. i see this as a very good opportunity to buy and keep in some mounths. in 3-4 mounths we will see 1400 for sure. Anyone wants the reason i can explain on my technicall analysis of triangle on mounthly and weekly chart. here we are on a bottom i mean. if it closes under 1200 this is canceled which i doubt.
P.s : I also could expect there will be a spike downward to 1200 and then we get 1230-40 and higher.
  • #16,640
  • Sep 26, 2014 5:46am Sep 26, 2014 5:46am
Quoting bonnzi
{quote} any thoughts on the US GDP? Already priced in? Do expect it to be market mover if differs from forecast?
... not a clue

but i expect to see SPX down to the ~1925 area over the next 2-3 weeks...

I plan to fade any rally in this index... and as i said earlier, i expect today to be a retrace day... 1984-1975 would be an awesome place for a short entry on SPX, 1213-1220 for long entry on GOLD...
90% of people, are wrong about 90% of everything, 90% of the time...
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