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Only Gold!

  • #17,261
  • Oct 8, 2014 1:34pm Oct 8, 2014 1:34pm
Quoting Rashidtrade
I think its a bull trap......
right thoughts - but better wait now to see reaction of volume and price
Gold Annihilation System
  • #17,262
  • Oct 8, 2014 1:51pm Oct 8, 2014 1:51pm
sold the 1216.85 and 1217.81 (",)
Senior Trader Multi-Account Manager
  • #17,263
  • Oct 8, 2014 2:05pm Oct 8, 2014 2:05pm
I took one lot long now fingers crossd
  • #17,264
  • Oct 8, 2014 2:10pm Oct 8, 2014 2:10pm
if we get a confirmed lower high here, i'll add to my short

note: this is a very short term trading idea, IMHO, we will move north after the retrace
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,265
  • Oct 8, 2014 2:16pm Oct 8, 2014 2:16pm
Channel?!Actually all pairs have such one
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  • #17,266
  • Oct 8, 2014 2:22pm Oct 8, 2014 2:22pm
Quoting theDHT
if we get a confirmed lower high here, i'll add to my short note: this is a very short term trading idea, IMHO, we will move north after the retrace
a quick chart to illustrate the idea:

M15
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD M15 10.8.14.png Size: 22 KB


add: this is HIGHLY contingent on the premise that the high from this afternoon NOT get violated to the upside...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,267
  • Oct 8, 2014 2:45pm Oct 8, 2014 2:45pm
Quoting theDHT
{quote} a quick chart to illustrate the idea: M15 {image} add: this is HIGHLY contingent on the premise that the high from this afternoon NOT get violated to the upside...
scrapped
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,268
  • Oct 8, 2014 2:47pm Oct 8, 2014 2:47pm
buy now 1223
  • #17,269
  • Oct 8, 2014 2:55pm Oct 8, 2014 2:55pm
sold the 1223.35 (",)
Senior Trader Multi-Account Manager
  • #17,270
  • Oct 8, 2014 3:16pm Oct 8, 2014 3:16pm
ALL red lines near 1223-1217 must be deleted! Good long term Buyers - waiting for patterns to trade
1218-1214 is m15 buy zone
1206 is H4 support
1234 is next resistance


Will see tomorrow what to do
Gold Annihilation System
  • #17,271
  • Oct 8, 2014 3:25pm Oct 8, 2014 3:25pm
Quoting lorix
sold the 1223.35 (",)
sold at 1223.26
  • #17,272
  • Oct 8, 2014 3:27pm Oct 8, 2014 3:27pm
Quoting pouyanv
Channel?!Actually all pairs have such one {image}
thats not a channel and im not picasso.

$1250-60 before $1150, europe economy is burning in hell.
  • #17,273
  • Oct 8, 2014 3:27pm Oct 8, 2014 3:27pm
Quoting lorix
sold the 1223.35 (",)
what made u sold at 1223.35?. i had been busy all day away from screen could not cash out positions i had opened from 1219. so now they are in loss and its getting on my nerves. maybe u can notice something which i missed?
  • #17,274
  • Oct 8, 2014 3:53pm Oct 8, 2014 3:53pm
Quoting acidguy
{quote} thats not a channel and im not picasso. $1250-60 before $1150, europe economy is burning in hell.
yep;just close at:124:00
call tp,and open short sl,at 215:00
all times learnning
  • #17,275
  • Oct 8, 2014 3:53pm Oct 8, 2014 3:53pm
Quoting acidguy
{quote} thats not a channel and im not picasso. $1250-60 before $1150, europe economy is burning in hell.
Im not so sure either... but there will be some retracement IMHO. then i will charge the bulls again
  • #17,276
  • Oct 8, 2014 6:27pm Oct 8, 2014 6:27pm
In 1235+ zone, gold will might have a nice retracement.
  • #17,277
  • Oct 8, 2014 7:27pm Oct 8, 2014 7:27pm
Quoting ClockTrader
{quote} Yea, very weak Silver will definitely bring Gold down, but, I can't opine on any levels. 12 pm NY approaching, nice bottom on VVSA-H1, my indicators say this is the bottom BUT, multi-year bear trend sucks. Too early to say anything, I'm gonna call it a day. Let FOMC take its action. Trade Safe Fellas!
Hello CT,

Thanks a lot for your luminous comments and analysis.
May I ask what do you mean by VVSA?
  • #17,278
  • Oct 8, 2014 7:52pm Oct 8, 2014 7:52pm
I hope you guys bought that dip, because this is almost certain to move higher now. On the H1 an IHS is developing, only a take down of 1204 will negate that view (fat hopes).
"Where you want to be is always in control, never wishing, always trading.
  • #17,279
  • Oct 8, 2014 8:35pm Oct 8, 2014 8:35pm
Quoting zew
In 1235+ zone, gold will might have a nice retracement.
What makes you think so?
Hello World!
  • #17,280
  • Oct 8, 2014 8:35pm Oct 8, 2014 8:35pm
Quoting Spec_And
I hope you guys bought that dip, because this is almost certain to move higher now. On the H1 an IHS is developing, only a take down of 1204 will negate that view (fat hopes).
You had your chance to buy on pullback.
Hello World!
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