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Only Gold!

  • #17,341
  • Oct 9, 2014 9:51am Oct 9, 2014 9:51am
My next views
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To live a successful life, we must lose our fear of being wrong
  • #17,342
  • Oct 9, 2014 10:15am Oct 9, 2014 10:15am
hello all how is every one what a busy day been here
Hope every one is doing fine (",)
Senior Trader Multi-Account Manager
  • #17,343
  • Oct 9, 2014 10:33am Oct 9, 2014 10:33am
Quoting Thfc1964
{quote} ok will look to add another short again at 1232.50 tp 1224.50 no stop and a further one at 1240 tp 1232.50 no stop as previously posted if gets that high. If it doesn't get up to add a further short I shall move my tp on the current short I have at 1224 from 1218 to 1208 EDIT: be interesting to see what Draghi has to say in 30
ok seeing as we are so close to 1224 im closing that short. small net profit on the two trades. Im happy with that.

Back tomorrow for freaky Friday. Fancy it being a bit of whiplash day..... up to 1240 back down to 1220..OMO
  • #17,344
  • Oct 9, 2014 10:38am Oct 9, 2014 10:38am
bears might like the look of this - only 5m chart but it is what it is...
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Anything can happen.
  • #17,345
  • Oct 9, 2014 11:29am Oct 9, 2014 11:29am
I'll review this chart tomorrow in the Asian morning.

Testing a small set of longs.
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Hello World!
  • #17,346
  • Oct 9, 2014 11:34am Oct 9, 2014 11:34am
Quoting ClockTrader
I'll review this chart tomorrow in the Asian morning. Testing a small set of longs. {image}
bad for FALLING on VSA - possible low and new area for demand
Gold Annihilation System
  • #17,347
  • Oct 9, 2014 11:39am Oct 9, 2014 11:39am
Quoting Hunterrus
{quote} bad for FALLING on VSA - possible low and new area for demand
Simple and ideal upward trend to continue would be,

-- peakout on H1
-- thereafter bottom-out on M15
-- continue the drive towards North

You are the only one here who can understand this point of mine on VVSA very well.

We should call it a day now, have a good one you all!
Hello World!
  • #17,348
  • Oct 9, 2014 11:42am Oct 9, 2014 11:42am
Quoting goldstreet
{quote} am still hoping for short and I dont know how we got from 1182 after last weekend news up to 1229. Any expactations guys if we will sell bull up to 1240 or back to 1200?
We got there from FED jawboning, and profit taking. Oil is still declining, and the S&P is still going lower. I took profit on my shorts and waiting to see if price action trends higher, though the bearish bias has not gone away and I will likely add shorts later.
"The market can remain irrational longer than you can remain solvent"
  • #17,349
  • Oct 9, 2014 11:43am Oct 9, 2014 11:43am
@Hunterrus

Mate, any chance you could tell me that now gold is good on short or good on long?

Need your advice for the time being. I have short at 1224 now, TP at 1218.. Playing small bits only.

Cheers
  • #17,350
  • Oct 9, 2014 11:52am Oct 9, 2014 11:52am
Quoting vp920b
@Hunterrus Mate, any chance you could tell me that now gold is good on short or good on long? Need your advice for the time being. I have short at 1224 now, TP at 1218.. Playing small bits only. Cheers
1 No new supply area today
2 We have weak demand area at 1225
3 strong Demand is at 1218
4 I would rather stay away or traded long or short now with a very small lot and LOADED GOOD LONGS from 1219
5 1233-34 - just gave some bearish reaction as I told YESTERDAY - but this reaction is not for a good SHORT

P.S. I am still with LONG BIAS till 1210
Gold Annihilation System
  • #17,351
  • Oct 9, 2014 11:58am Oct 9, 2014 11:58am
Quoting Hunterrus
{quote} 1 No new supply area today 2 We have weak demand area at 1225 3 strong Demand is at 1218 4 I would rather stay away or traded long or short now with a very small lot and LOADED GOOD LONGS from 1219 5 1233-34 - just gave some bearish reaction as I told YESTERDAY - but this reaction is not for a good SHORT P.S. I am still with LONG BIAS till 1210
Thanks mate for your VSA analysis.

I'm still trying to understand how does it works since I just heard it from you now.

Any chance how can I analyse it mate? How does it works?

I will shut down all shorts around what u said.

Cheers
  • #17,352
  • Oct 9, 2014 12:56pm Oct 9, 2014 12:56pm
Quoting vp920b
{quote} Thanks mate for your VSA analysis. I'm still trying to understand how does it works since I just heard it from you now. Any chance how can I analyse it mate? How does it works? I will shut down all shorts around what u said. Cheers
right decision
Gold Annihilation System
  • #17,353
  • Oct 9, 2014 1:07pm Oct 9, 2014 1:07pm
Entered Short @1224.95 ...

Here is the reason why :

Attached Image


Top Circle : It means its high enough
Middle Circle : My sell zone Under the alligator
And the last circle my indicator shows some strenght for the bear
  • #17,354
  • Oct 9, 2014 1:08pm Oct 9, 2014 1:08pm
Hi

Perfect H1 fib 127.2 at 1233, believe we are heading towards 1212. Support justified by 1214.06.03 - 1214.07.10 Fib 127.2 , 2013.12.04(1211.66) and 2013.12.06 (12.12.12) Lows... Will treat this as buy opportunity one position for scalping and one for holding if north breakout follows

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  • #17,355
  • Oct 9, 2014 2:04pm Oct 9, 2014 2:04pm
all bears can be trapped soon
Gold Annihilation System
  • #17,356
  • Oct 9, 2014 2:26pm Oct 9, 2014 2:26pm
that's a wave 4 up, we have wave 5 down. 1177 or 1155
  • #17,357
  • Oct 9, 2014 3:33pm Oct 9, 2014 3:33pm
what chart?
  • #17,358
  • Oct 9, 2014 4:42pm Oct 9, 2014 4:42pm
Quoting anton.olff
{quote} We got there from FED jawboning, and profit taking. Oil is still declining, and the S&P is still going lower. I took profit on my shorts and waiting to see if price action trends higher, though the bearish bias has not gone away and I will likely add shorts later.
Good view
  • #17,359
  • Oct 9, 2014 4:42pm Oct 9, 2014 4:42pm
Morning all
a great day of volatility, for us to make plenty of green pips
Respect the inescapable certainity of Math
  • #17,360
  • Oct 9, 2014 8:49pm Oct 9, 2014 8:49pm
SMA-555 on H1 needs to be breached decisively, IF price can sustain above that I see chances of Bulls roaring far & wide otherwise, we got a major resistance area around here.

H&S could be forming ahead.
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Hello World!
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