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  • #17,161
  • Oct 7, 2014 10:15pm Oct 7, 2014 10:15pm
Inserted Video


on weekly?

Fake or make ?

And tonight FOMC news @ 8pm CET?
  • #17,162
  • Oct 7, 2014 10:45pm Oct 7, 2014 10:45pm
F...... good, too good, thanks for sharing. I fully agree with what he is saying, won't go into details here..




Quoting bernbeach
Hi Clocktrader and all of you... This one will definitely wake you up http://www.nextworldtv.com/videos/en...vironment.html or leave you even more asleep and unconscious? Plse pass this one on in your respective networks, whether you laughed or simply sat down and weep out of pure despair of our collective insanity? http://www.nextworldtv.com/videos/en...vironment.html Time to wake up? The time is NOW? See also: http://www.forexfactory.com/showthre...10#post7786710...
Hello World!
  • #17,163
  • Oct 7, 2014 10:53pm Oct 7, 2014 10:53pm
Quoting bernbeach
http://www.youtube.com/watch?v=q7PRRUn4XmI on weekly? Fake or make ? And tonight FOMC news @ 8pm CET?

  1. I fully agree with price going towards 1000, however, this is not going to happen overnight or within a month or two.
  2. I've been working hard behind the curtains to figure out multi-year bearish trend in place nowadays. Found the reason. This is going to carry on for another 4 yrs. In other words, its going to take 3 - 4 years for price to go towards 1,000 (or lower). Can't explain the logic, (hush hush stuff). You can say, its the trend.
  3. My view for this month remains Bullish, YES, I MAY BE WRONG. But, thats what my view is. I don't want a bunch of newbies to yell at me just because my view went wrong or my theory failed for some reason.
  4. As for PA ahead, I think price is going to shoot higher.

Trade Safe!

Hello World!
  • #17,164
  • Edited 11:34pm Oct 7, 2014 11:23pm | Edited 11:34pm
IMHO

USD/JPY is bouncing off a channel bottom

Seem like a inverted Head and Shoulder is forming in Gold H4 chart

look forward for Gold to reverse back into 1204 range to form a proper shoulder before shooting up again.

1204 as shoulder top
1214 as shoulder bottom
1183 as head

Gold is testing the bottom of channel in H1 range, hopefully it break downward and form the right shoulder asap.

As CT mentioned, major trend should be bullish.
  • #17,165
  • Edited 1:23am Oct 8, 2014 12:26am | Edited 1:23am
Quoting lorix
good morning everyone
Good morning, too.

Putting a long on 1212.95 just now. But because there's a significant bump just now so I closed it at 1214.21. It looks uncertain at the moment so I wait for another chance for entry.
  • #17,166
  • Oct 8, 2014 12:32am Oct 8, 2014 12:32am
The last 2 peakouts on M15 on VVSA still need to get invalidated. Price needs to fly freely above 1215 in order to capture higher highs. I shall wait until NY morning to see how this plays out.
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  • #17,167
  • Oct 8, 2014 12:53am Oct 8, 2014 12:53am
I have been using GCI MT4 for learning forex but now it is having a problem loading. COuld anyone suggest me a demo software.
  • #17,168
  • Oct 8, 2014 1:20am Oct 8, 2014 1:20am
Quoting Paras4you
I have been using GCI MT4 for learning forex but now it is having a problem loading. COuld anyone suggest me a demo software.
forex tester 2
  • #17,169
  • Oct 8, 2014 1:22am Oct 8, 2014 1:22am
shorts are the way to go unless you got in on the reversal, this is a very bearish chart, I called this area for continued shorts, will depend what the dollar index does, but personally to go long wait for pull backs IMO
  • #17,170
  • Oct 8, 2014 1:26am Oct 8, 2014 1:26am
Quoting iaveight
Hit a weekly fib level at this low if my fib completes to the short side, I am looking at 1146 or a tad under before a swing to the upside, I did take this long as its over extended and non farm usually retraces the full move, upside target 1215 - 1222 for me for now as I have a nice buffer of 160 pips from this retracement. It is a weekly fib and can chop before breaking my fib of 138 where it bounced. Last move up from this low did NOT break weekly supply , nor did it spike above it, this leads me to believe a further break short after a correction...........
my post yesterday
  • #17,171
  • Oct 8, 2014 1:56am Oct 8, 2014 1:56am
good morning everyone how is all doing (",)
Just took a short at 1216,85 (",)
Senior Trader Multi-Account Manager
  • #17,172
  • Edited 3:14am Oct 8, 2014 2:18am | Edited 3:14am
I saw a possible short move on 1216.23. Putting a short. Will see one hour later from now.

Edit: Putting another short at 1217.21.
  • #17,173
  • Oct 8, 2014 2:27am Oct 8, 2014 2:27am
Quoting lorix
good morning everyone how is all doing (",) Just took a short at 1216,85 (",)
going to short around 1219 if it gets there
  • #17,174
  • Oct 8, 2014 2:39am Oct 8, 2014 2:39am
maybe 1218-19 before going south again. Thats what Gold did last year.Chances are I'm wrong.Cheers
  • #17,175
  • Oct 8, 2014 2:43am Oct 8, 2014 2:43am
I'm inclined to think that THE bottom is in, the entire break down post NFPR has been erased, in fact its now gone even higher. Price action looks bullish to me too, just like how the slow grind downs were not buying opportunities, these slow grind ups cannot be sold short too.

It is very difficult to buy now though, there hasn't been a single decent pullback since we hit 1184...
"Where you want to be is always in control, never wishing, always trading.
  • #17,176
  • Oct 8, 2014 3:25am Oct 8, 2014 3:25am
Quoting RAW-Trader
{quote} going to short around 1219 if it gets there
may price extend to 1224 zone from there ill add more shorts
Senior Trader Multi-Account Manager
  • #17,177
  • Oct 8, 2014 3:42am Oct 8, 2014 3:42am
Quoting Spec_And
I'm inclined to think that THE bottom is in, the entire break down post NFPR has been erased, in fact its now gone even higher. Price action looks bullish to me too, just like how the slow grind downs were not buying opportunities, these slow grind ups cannot be sold short too. It is very difficult to buy now though, there hasn't been a single decent pullback since we hit 1184...
This is the very nature of large seasonal waves, when falling, they won't give you an easy peak to short from and vice versa. My shorts been blowing, of course in green when aggregated. First set at 1215, second set @ 1217 and third set @ 1218. One big set will blow @ 1220, this one again in green (aggregate).

I've been using these shorts like an insurance against my longs. The biggest challenge in going long for short or long term would be the multi-year bear phase we are going through. One could invest, invest and invest no matter how low it goes, BUT its not wise to wait for 5-10 yrs to wait for rewards even from long term Gold investor's point of view unless a person is uber rich and mad about Gold and is convinced of long term rewards.
Hello World!
  • #17,178
  • Oct 8, 2014 3:45am Oct 8, 2014 3:45am
Quoting lorix
{quote} may price extend to 1224 zone from there ill add more shorts
Its climbing at a dead slow rate. IF I go by VVSA patterns, previous small peakouts would get invalidated once price reaches 1224 zone, IF it does.

IF 1225 zone is yet to be captured, that also means we got a peakout pending. I hope this is a good hint of what I'm trying to say.
Hello World!
  • #17,179
  • Oct 8, 2014 3:55am Oct 8, 2014 3:55am
Situation: Price touched lower level of a sell zone which is still actual (1220-1217)
Sold there with 5 lots (Yesterday sell limit) and made a new sell limit at 1219 with 1 lot
Stops are 1223-1222; possible TP is at 1206-1207 for both (yesterdays buy zone) - but still need to look at the reaction of PRICE at these levels

http://www.forexfactory.com/showthre...00#post7787300
Gold Annihilation System
  • #17,180
  • Oct 8, 2014 3:59am Oct 8, 2014 3:59am
Quoting ClockTrader
{quote} This is the very nature of large seasonal waves, when falling, they won't give you an easy peak to short from and vice versa. My shorts been blowing, of course in green when aggregated. First set at 1215, second set @ 1217 and third set @ 1218. One big set will blow @ 1220, this one again in green (aggregate). I've been using these shorts like an insurance against my longs. The biggest challenge in going long for short or long term would be the multi-year bear phase we are going through. One could invest, invest and invest no matter how...

For your longs I hope my monthly fib doesnt play out as stated, I am holding a long position from near enough the bottom as it was a triple bottom and I knew there had to be a reaction based on fib levels. My stop has been tightened But until my daily trend line is broken solidly to the upside this is bearish in my opinion, Possible spike to daily 21 EMA that has held this short
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