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Only Gold!

  • #17,621
  • Oct 15, 2014 9:25am Oct 15, 2014 9:25am
Quoting lorix
closed my short at 1237.82 (",)
Quoting lorix
made a short at 1242.80 (",)
Quoting lorix
that was fast lol
Quoting goldstreet
{quote} good job. Good click
Glad you made money mate

Any idea, if every member was posting his quick trades here? We will have 5 - 10 pages in no time with such posts and this thread will look like a big heap of sh!t.

Any idea how many positions I traded? Numerous.. My Equity is where it was, lolz, but, I will make good IF this goes down from here.. Very tiny to lose if this goes way up above 1250.
Hello World!
  • #17,622
  • Oct 15, 2014 9:29am Oct 15, 2014 9:29am
Quoting ClockTrader
{quote} {quote} {quote} {quote} Glad you made money mate Any idea, if every member was posting his quick trades here? We will have 5 - 10 pages in no time with such posts and this thread will look like a big heap of sh!t. Any idea how many positions I traded? Numerous.. My Equity is where it was, lolz, but, I will make good IF this goes down from here.. Very tiny to lose if this goes way up above 1250.
!!!
  • #17,623
  • Oct 15, 2014 9:37am Oct 15, 2014 9:37am
Quoting ClockTrader
{quote} {quote} {quote} {quote} Glad you made money mate Any idea, if every member was posting his quick trades here? We will have 5 - 10 pages in no time with such posts and this thread will look like a big heap of sh!t. Any idea how many positions I traded? Numerous.. My Equity is where it was, lolz, but, I will make good IF this goes down from here.. Very tiny to lose if this goes way up above 1250.
good point!
  • #17,624
  • Oct 15, 2014 10:04am Oct 15, 2014 10:04am
Gold is going up. Buy and target at least 400 pips.
Trade at your own risk. Don't follow one's opinion.
  • #17,625
  • Oct 15, 2014 10:34am Oct 15, 2014 10:34am
Have short on 1240, didn't closed when it was 1235 since I thought it can go down further..

Any chance that gold could go south again? Since tomorrow and Friday have a great fundamental factors.

Thanks
  • #17,626
  • Oct 15, 2014 10:43am Oct 15, 2014 10:43am
Daily close below $1240.60 IMO indicates next leg down is possible.
To live a successful life, we must lose our fear of being wrong
  • #17,627
  • Oct 15, 2014 10:50am Oct 15, 2014 10:50am
Quoting EatPIPs
Daily close below $1240.60 IMO indicates next leg down is possible.
Thanks mate..

Hopefully going that way since I didn't took short on 1249(was too scared to take action)..

I'll just wait till tomorrow and friday.. Going south is good for me so I can buy at low prices..
  • #17,628
  • Oct 15, 2014 10:54am Oct 15, 2014 10:54am
I've closed all my shorts however and actually see PA heading further north yet to around the $1260 mark before serious sellers come to play
To live a successful life, we must lose our fear of being wrong
  • #17,629
  • Oct 15, 2014 11:00am Oct 15, 2014 11:00am
Here is my comprehensive view from today's VVSA. Its about time, 12 pm NY (EST)

Oct-Bull didn't go on break but is showing off its balls and muscles.

Sell Range: 1240-50

SL depends on MM, weight of position etc.

I'll call it a day now.

Trade Safe!

PS: My view and positions right now are short.
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Hello World!
  • #17,630
  • Oct 15, 2014 11:24am Oct 15, 2014 11:24am
Quoting vp920b
Have short on 1240, didn't closed when it was 1235 since I thought it can go down further.. Any chance that gold could go south again? Since tomorrow and Friday have a great fundamental factors. Thanks
Gold is at over bough area and touched bolling band, so I think it probably down to around 1235, but may not much below that.
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Trade at your own risk. Don't follow one's opinion.
  • #17,631
  • Oct 15, 2014 11:27am Oct 15, 2014 11:27am
Quoting vp920b
{quote} Thanks mate.. Hopefully going that way since I didn't took short on 1249(was too scared to take action).. I'll just wait till tomorrow and friday.. Going south is good for me so I can buy at low prices..
How could you be afraid to lodge a short at 1249 when price had just risen $28. YOu could have at least booked a short with a tight stop if you were that worried.
  • #17,632
  • Oct 15, 2014 12:07pm Oct 15, 2014 12:07pm
Based on last 1HR candle, just threw in a small short targeting 23.6 FIB level.

Based on levels holding also, will add further longs there with tight SLs.
To live a successful life, we must lose our fear of being wrong
  • #17,633
  • Oct 15, 2014 12:14pm Oct 15, 2014 12:14pm
Quoting Samsamall
{quote} Gold is at over bough area and touched bolling band, so I think it probably down to around 1235, but may not much below that. {image}
I hope it will go down to 1235(50FIB), if not break up 1247.50 again.
  • #17,634
  • Oct 15, 2014 12:43pm Oct 15, 2014 12:43pm
Quoting EatPIPs
Based on last 1HR candle, just threw in a small short targeting 23.6 FIB level. Based on levels holding also, will add further longs there with tight SLs.

we have potential capitulation on the equity markets...

im looking for a selloff in gold to follow...

just my 2 cents from here
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,635
  • Oct 15, 2014 1:02pm Oct 15, 2014 1:02pm
I'm getting better with my entries. Still gotta work on my exits. Had TP at 1247 but chickened out when price retrace from previous high. Only got 110+ pips - but a profit is a profit , hey?!

Was not confident enough to call the long - but will give a shot for another possible long re-entry. If PA supports, poss re-entry long at mid channel, also area of tops prior to breakout, 1238 region. Well - if PA happens when I'm awake, that is!

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  • #17,636
  • Oct 15, 2014 1:10pm Oct 15, 2014 1:10pm
According to 30 mins chart it may start going down. so keep your eyes on!
  • #17,637
  • Oct 15, 2014 1:48pm Oct 15, 2014 1:48pm
Quoting ClockTrader
{quote} {quote} {quote} {quote} Glad you made money mate Any idea, if every member was posting his quick trades here? We will have 5 - 10 pages in no time with such posts and this thread will look like a big heap of sh!t. Any idea how many positions I traded? Numerous.. My Equity is where it was, lolz, but, I will make good IF this goes down from here.. Very tiny to lose if this goes way up above 1250.
Dos that mean i am no more in welcome

Kinda loss the compas (",)
Senior Trader Multi-Account Manager
  • #17,638
  • Oct 15, 2014 1:55pm Oct 15, 2014 1:55pm
Hello what are the odds of gold go above 1250 this week? I have a long in 1243, and yes… I know I should TP when reached at 1246.. Well I was hoping to reach above 1250.
On daily chart I do not believe goes down until 1232… unless there are really bad news for the gold. I believe that could fall until 1232-1236 to make a correction and then raise again. Do you think so?
  • #17,639
  • Oct 15, 2014 5:28pm Oct 15, 2014 5:28pm
Quoting jdn1976
Hello what are the odds of gold go above 1250 this week? I have a long inmarket, and yes… I know I should TP when reached at 1246.. Well I was ht to reach above 1250. On daily chart I do not believe goes down until 1232… unless there are really bad news for the gold. I believe that could fall until 1232-1236 to make a correction and then raise again. Do you think so?
I believe that u had a posetion on a little high price for gold. It may touch 1243 again before US mark opening time, it may not also. Your only hope is bad news for usd tomorrow. Otherwise correction upto 1229. Its my thought only. Other guys may give another advise.good luck.
  • #17,640
  • Oct 15, 2014 7:20pm Oct 15, 2014 7:20pm
missed a good trade yesterday with buy limit at 1220 (it was 1223 =()
now 1235 is a good zone to go higher - then 1229 is true support
Dayli target is 1276
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