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Only Gold!

  • #18,361
  • Oct 31, 2014 12:40am Oct 31, 2014 12:40am
Guys, now it's time for free fallin'!
Enjoy:
Inserted Video
  • #18,362
  • Oct 31, 2014 12:40am Oct 31, 2014 12:40am
Next time I try CCBH1 (VVSA-H1), remind me to strictly follow the code :-)

PS: CCBH1 - Clean & Clear Bingo H1
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  • #18,363
  • Oct 31, 2014 12:43am Oct 31, 2014 12:43am
Bear is sooo strong now... hope it will stop @ 1182
  • #18,364
  • Oct 31, 2014 12:49am Oct 31, 2014 12:49am
Quoting Ramii
Bear is sooo strong now... hope it will stop @ 1182
When previous low is broken, little support comes in which moves the price sideways and retrace enters charts.

Guess what? People gonna try longs hard from this level (1180ish) and IMHO all those longs shall get slaughtered ruthlessly.

Lets watch the show, lets see how it plays out..

PS: I'm gonna sit on sidelines, maybe try shorts.
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  • #18,365
  • Oct 31, 2014 12:52am Oct 31, 2014 12:52am
Quoting ClockTrader
{quote} When previous low is broken, little support comes in which moves the price sideways and retrace enters charts. Guess what? People gonna try longs hard from this level (1180ish) and IMHO all those longs shall get slaughtered ruthlessly. Lets watch the show, lets see how it plays out.. PS: I'm gonna sit on sidelines, maybe try shorts.
Better to wait and sit on sidelines till London session rather suffer losses....volatility is very high today !
  • #18,366
  • Oct 31, 2014 1:02am Oct 31, 2014 1:02am
Quoting forexinwesto
Guys, now it's time for free fallin'! Enjoy: http://youtu.be/1lWJXDG2i0A
Here is my contribution mate..

To Bears....
Attached Images
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  • #18,367
  • Oct 31, 2014 1:03am Oct 31, 2014 1:03am
Quoting Ramii
{quote} Better to wait and sit on sidelines till London session rather suffer losses....volatility is very high today !
I disagree, I don't see much volatility..

not in my charts except some on M15
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  • #18,368
  • Oct 31, 2014 1:29am Oct 31, 2014 1:29am
Quoting Ramii
{quote} Better to wait and sit on sidelines till London session rather suffer losses....volatility is very high today !
Yea, now there, on M30 as well, good enough for a retrace or a little bounce.
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  • #18,369
  • Oct 31, 2014 1:30am Oct 31, 2014 1:30am
This harsh downwards move is caused by an announcement that the Bank of Japan is upping its QE bond-buying program from JPY 70 trillion to 80 trillion... and triple its ETF buying to JPY 3 trillion.


Again clear negative correlation with the USD/JPY!
Attached Image (click to enlarge)
Click to Enlarge Name: gold-jpy.JPG Size: 76 KB
  • #18,370
  • Oct 31, 2014 1:35am Oct 31, 2014 1:35am
Quoting ClockTrader
{quote} Here is my contribution mate.. To Bears.... {image} {image}
Clock...do you expect break of last bottom of 1182.50ish?

i assume towards December holidays gold to go up again...so i bought 1185.
always draw trendlines
  • #18,371
  • Oct 31, 2014 1:51am Oct 31, 2014 1:51am
Quoting tk5
{quote} Clock...do you expect break of last bottom of 1182.50ish? i assume towards December holidays gold to go up again...so i bought 1185.
nice 1
  • #18,372
  • Oct 31, 2014 1:53am Oct 31, 2014 1:53am
Quoting tk5
{quote} Clock...do you expect break of last bottom of 1182.50ish? i assume towards December holidays gold to go up again...so i bought 1185.
IMHO, its going way down.. way below 1182
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  • #18,373
  • Oct 31, 2014 2:02am Oct 31, 2014 2:02am
We often look at sideways chart & say we need a breakout & all those ifs & buts ....

So, here I am.. looking at monthly TF. I'm looking at the South direction, wonder how low it'll go.
Attached Image (click to enlarge)
Click to Enlarge Name: ss1.PNG Size: 15 KB
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  • #18,374
  • Oct 31, 2014 2:04am Oct 31, 2014 2:04am
Quoting ClockTrader
We often look at sideways chart & say we need a breakout & all those ifs & buts .... So, here I am.. looking at monthly TF. I'm looking at the South direction, wonder how low it'll go. {image}
Oooooooppppsssss, it has kissed 1170 already & there is f...... no sign of bottom-out.

Not CCBH1, not on my charts..
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  • #18,375
  • Oct 31, 2014 2:04am Oct 31, 2014 2:04am
Quoting ClockTrader
We often look at sideways chart & say we need a breakout & all those ifs & buts .... So, here I am.. looking at monthly TF. I'm looking at the South direction, wonder how low it'll go. {image}
I'm long at 1185 but you're right this time it looks like it will break this support! But now I'll be buying this every dip!
Money never sleeps I can hear the dollar calling me
  • #18,376
  • Oct 31, 2014 2:05am Oct 31, 2014 2:05am
I wonder where is Landline?

He said if I was right, this should blast through the 1180ish range.
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  • #18,377
  • Oct 31, 2014 2:07am Oct 31, 2014 2:07am
Bye gold... falling knife incoming now lol
  • #18,378
  • Oct 31, 2014 2:07am Oct 31, 2014 2:07am
The Americans who don't love & respect MM & were long gonna have BAD morning, I can bet that.
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  • #18,379
  • Oct 31, 2014 2:09am Oct 31, 2014 2:09am
Quoting ThePolarFox
Bye gold... falling knife incoming now lol
You are right my friend, but your post just worked like a wake up call for me.

No matter how low it goes, there is supposed to be a Bull rally after that, no matter how bearish it is, price has to climb back to kill the sellers.
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  • #18,380
  • Oct 31, 2014 2:13am Oct 31, 2014 2:13am
Quoting shivam332
{quote} I'm long at 1185 but you're right this time it looks like it will break this support! But now I'll be buying this every dip!
Sounds like a BAD STRATEGY!
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