Only Gold! | Page 861 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Journal (only my take) 433 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!

  • #17,201
  • Oct 8, 2014 5:52am Oct 8, 2014 5:52am
Quoting Hunterrus
{quote} 1233-37 FOMC ride down - supply there


can you elaborate yourself please ?
  • #17,202
  • Oct 8, 2014 5:52am Oct 8, 2014 5:52am
Back (",)
Senior Trader Multi-Account Manager
  • #17,203
  • Edited 6:24am Oct 8, 2014 6:05am | Edited 6:24am
Quoting lorix
Back (",)
=======
we missed u 4sure ------- http://screencast.com/t/Fwi83RyDGQ = amazing indeed
  • #17,204
  • Oct 8, 2014 6:12am Oct 8, 2014 6:12am
Quoting pips777
{quote} ======= we missed u 4sure
lol thx mate
Senior Trader Multi-Account Manager
  • #17,205
  • Oct 8, 2014 6:25am Oct 8, 2014 6:25am
Quoting Spec_And
{quote} What are "seasonal waves"? Imo gold's price behaviour has changed in the past few months, I have traded this for about 2 years and it was never this "grindy". Like crude oil, large moves in gold are almost always "algo slams" and large price bars, it very rarely grinds up or down for very long on any given day, much less weeks like what we are seeing now. Not too sure what caused this to changed, might have something to do with the proposal to get rid of the london fix and hedge funds getting out of gold (less players = less large moves)....
The single wave that brought the price down from 1295 to 1183 was one big seasonal wave. The main "Golden season" wave is looks dead from June to Jan as visible, but the second half of the season is not completely dead yet. You can see that in the charts, monthly TF.

I can't explain a lot more for 2 reasons, first, I'm still in learning phase, secondly, its too public here to share something being churned out of research.
Hello World!
  • #17,206
  • Oct 8, 2014 6:26am Oct 8, 2014 6:26am
now as long as price holds under the high it looks good specially under the 1219

Looking for nice drop from here now
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD@H4.png Size: 62 KB
Senior Trader Multi-Account Manager
  • #17,207
  • Oct 8, 2014 6:31am Oct 8, 2014 6:31am
will be looking at new US volumes and VSA formations today but my sell zone gave some reaction:
troubled levels for short at 1211 and 1206
So far so good
Attached Image (click to enlarge)
Click to Enlarge Name: oct 8.png Size: 128 KB
Gold Annihilation System
  • #17,208
  • Oct 8, 2014 6:44am Oct 8, 2014 6:44am
Quoting lorix
now as long as price holds under the high it looks good specially under the 1219 Looking for nice drop from here now {image}
=======
thx 4 ur time + Sharin
  • #17,209
  • Oct 8, 2014 6:50am Oct 8, 2014 6:50am
I just added a small short at 1217, stop at 1221 targeting 1197

hopefully it gets there by tonight or trw, it would be a perfect retracement for the bulls to get heavy long on a counter trend/relief rally

hope it works!

cheers
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,210
  • Oct 8, 2014 6:57am Oct 8, 2014 6:57am
Was adding one more short at 1219.95.
  • #17,211
  • Oct 8, 2014 7:07am Oct 8, 2014 7:07am
hi all,

i have tried to google for "peakout" but cannot seems to find the definition, any kind soul please advise me on this....

thanks
  • #17,212
  • Oct 8, 2014 7:10am Oct 8, 2014 7:10am
Quoting pips777
{quote} ======= thx 4 ur time + Sharin
any time mate
Senior Trader Multi-Account Manager
  • #17,213
  • Edited 7:27am Oct 8, 2014 7:11am | Edited 7:27am
Quoting tbngfuego
hi all, i have tried to google for "peakout" but cannot seems to find the definition, any kind soul please advise me on this.... thanks
=======
hth = http://www.investing.com/analysis/ar...eak-out-217907

http://screencast.com/t/xarFEaJ0WVoM
  • #17,214
  • Oct 8, 2014 7:16am Oct 8, 2014 7:16am
Quoting tbngfuego
hi all, i have tried to google for "peakout" but cannot seems to find the definition, any kind soul please advise me on this.... thanks
www.investopedia.com/terms/p/peak.asp
  • #17,215
  • Oct 8, 2014 7:18am Oct 8, 2014 7:18am
thank you THFC1964 pips777!!
  • #17,216
  • Oct 8, 2014 7:54am Oct 8, 2014 7:54am
Quoting tbngfuego
hi all, i have tried to google for "peakout" but cannot seems to find the definition, any kind soul please advise me on this.... thanks
What do you mean, with " tried to google" ?

http://www.urbandictionary.com/define.php?term=Peak+out

If this help.
  • #17,217
  • Oct 8, 2014 7:56am Oct 8, 2014 7:56am
Quoting andrern2000
Was adding one more short at 1219.95.
If you sing : you might say, I'm a dreamer... I told you : you r not the only one

Looking for some sell before FOMC as well .
  • #17,218
  • Oct 8, 2014 7:58am Oct 8, 2014 7:58am
Oct 08, 18:00http://widgets.myfxbook.com/images/countries/us.png FOMC Minuteshttp://widgets.myfxbook.com/images/high.impact.png = in abt 5hrs$$$ from Now
  • #17,219
  • Oct 8, 2014 8:12am Oct 8, 2014 8:12am
Still waiting for my 1224 to enter a short. Got itchy trigger finger at 1220 but resisted the temptation. Wish I had scalped now, never mind, more trades to be had if you miss one.
  • #17,220
  • Oct 8, 2014 8:24am Oct 8, 2014 8:24am
Quoting Thfc1964
Still waiting for my 1224 to enter a short. Got itchy trigger finger at 1220 but resisted the temptation. Wish I had scalped now, never mind, more trades to be had if you miss one.
It is advisable to not post scalp trades here. People here would appreciate when you back your call / view (position) with analysis.
Hello World!
16 traders viewing now