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Only Gold!

  • #19,321
  • Nov 19, 2014 12:08pm Nov 19, 2014 12:08pm
Quoting afshaikh
Thinking of going short here just under $1200, with the high of the day as a stop

You making a good choice go a head
  • #19,322
  • Nov 19, 2014 12:32pm Nov 19, 2014 12:32pm
Too risky, I am going to stay out until the dust settles
  • #19,323
  • Nov 19, 2014 3:48pm Nov 19, 2014 3:48pm
hello folks
How is every one doing !!?? (",)
Senior Trader Multi-Account Manager
  • #19,324
  • Nov 19, 2014 5:32pm Nov 19, 2014 5:32pm
Quoting elbert3
{image} watch area for strong rejection ??? break above then head to the lines above
hi guys looks like the call was right but i think 1239 just hit it right
  • #19,325
  • Nov 19, 2014 7:24pm Nov 19, 2014 7:24pm
Quoting MrketSniper
Long at 1180. SL will be 1175. Target above 1207. I love catching a falling knife.
I closed some at 1192 and 1191. And some at 1188. The rest hit my SL at 1184.
  • #19,326
  • Nov 19, 2014 11:31pm Nov 19, 2014 11:31pm
Quoting Azmat313
i have a strong feeling that gold will fall down again as fomc minutes r coming... and price may fall down agian at $1180
People here appreciate a view when its accompanied with analysis or a chart.
Hello World!
  • #19,327
  • Nov 19, 2014 11:49pm Nov 19, 2014 11:49pm
Hello Guy

haven't been in forum for a while....

Here is my view since 8 Nov , sorry for not up to date...

I still watching about the level of 1170 Zone to be my turning point. I am still looking for 1230 zone at least..

But will see what will happen..

PS. my chart is a messed...T_T
Attached Image (click to enlarge)
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Learning and Learing
  • #19,328
  • Nov 20, 2014 12:07am Nov 20, 2014 12:07am
Can Gold pierce 1200 again after yesterday's drop?
  • #19,329
  • Nov 20, 2014 12:34am Nov 20, 2014 12:34am
Quoting elbert3
{quote} hi guys looks like the call was right but i think 1239 just hit it right
Attached Image (click to enlarge)
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try again looking like a squeeeeeze
  • #19,330
  • Nov 20, 2014 1:26am Nov 20, 2014 1:26am
Quoting gstock
Can Gold pierce 1200 again after yesterday's drop?
Suspense/fiction/action/drama/romance/comedy. What's your fav genre of movies?
Forgot to add sci-fi.
A trade should be based on an assumption based on facts
  • #19,331
  • Nov 20, 2014 2:52am Nov 20, 2014 2:52am
Quoting ClockTrader
{quote} People here appreciate a view when its accompanied with analysis or a chart.
Well, Clocktr, here you have one: http://www.forexfactory.com/showthre...83#post7885983

Enjoy. Harry
  • #19,332
  • Nov 20, 2014 2:59am Nov 20, 2014 2:59am
Attached Image (click to enlarge)
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1186 .00 sl 1183 add 1191 pp on the same number
  • #19,333
  • Nov 20, 2014 4:42am Nov 20, 2014 4:42am
Quoting bernbeach
{quote} Well, Clocktr, here you have one: http://www.forexfactory.com/showthre...83#post7885983 Enjoy. Harry
I thought I was asking for analysis here..
Hello World!
  • #19,334
  • Nov 20, 2014 4:44am Nov 20, 2014 4:44am
Quoting ClockTrader
{quote} I thought I was asking for analysis here..
You don't like this article? I think it's worth GOLD
  • #19,335
  • Nov 20, 2014 5:44am Nov 20, 2014 5:44am
Quoting bernbeach
{quote} You don't like this article? I think it's worth GOLD
You provide a link here, which leads to another link.. and where next ? I don't care..

How does below line sound at this point when Gold is @ 1194

I was long from 1180.

Does that help anyone?
Hello World!
  • #19,336
  • Nov 20, 2014 5:55am Nov 20, 2014 5:55am
Quoting ClockTrader
{quote} You provide a link here, which leads to another link.. and where next ? I don't care.. How does below line sound at this point when Gold is @ 1194 I was long from 1180. Does that help anyone?
Attached Image (click to enlarge)
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and on the 4 hour back to the recent rejection line need to break to see 1200 again and hopefully higher 1239
Attached Image (click to enlarge)
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  • #19,337
  • Nov 20, 2014 5:56am Nov 20, 2014 5:56am
Based on patterns & VVSA

Bias Long

Reason:

  1. Price comfortable above SMA(555), it has not peaked out in the current price-range unlike yesterday or day before.
  2. VVSA patterns, black Vol bar as visible

Highlighted yellow area looks good buy range with SL @ 1178 based on DCB

One could long from current range as well depending on how MM is handled.

Risk: Low if bought in the highlighted yellow range.


​
Risk Disclaimer

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all traders/investors. Past performance is not indicative of future results, for eg: Golden Seasons. The high degree of leverage can work against you as well as for you. You can lose all the money you have invested.

Use your MM and trade at your own risk.

Attached Image (click to enlarge)
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Hello World!
  • #19,338
  • Nov 20, 2014 5:56am Nov 20, 2014 5:56am
Attached Image (click to enlarge)
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closer look for the move
  • #19,339
  • Nov 20, 2014 6:53am Nov 20, 2014 6:53am
Quoting ClockTrader
Based on patterns & VVSA Bias Long Reason: Price comfortable above SMA(555), it has not peaked out in the current price-range unlike yesterday or day before. VVSA patterns, black Vol bar as visible Highlighted yellow area looks good buy range with SL @ 1178 based on DCB One could long from current range as well depending on how MM is handled. Risk: Low if bought in the highlighted yellow range. ​ Risk Disclaimer Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all traders/investors. Past performance...
Good analysis. FOMC minutes yesterday seemed rather dovish (they don't want to spook markets), so no real direction. I closed shorts before going to bed last night as PA was stalling around 1180 and looked right for a reversal. Sorry, I missed the long trade. Nonetheless, I will remain on sidelines to see if PA breaks above 1205-1207, which could extend to 1225.
"The market can remain irrational longer than you can remain solvent"
  • #19,340
  • Nov 20, 2014 8:05am Nov 20, 2014 8:05am
Quoting anton.olff
{quote} Good analysis. FOMC minutes yesterday seemed rather dovish (they don't want to spook markets), so no real direction. I closed shorts before going to bed last night as PA was stalling around 1180 and looked right for a reversal. Sorry, I missed the long trade. Nonetheless, I will remain on sidelines to see if PA breaks above 1205-1207, which could extend to 1225.
In order to buy from current price-range, one needs to have investor's mindset, even if its little. With monthly trend bearish, conviction to go long needs to be very strong. Very good hedging techniques + very good MM could help in this scenario.

IF price can go sideways during the remainder US session OR climb farther and no major bearish pressure tomorrow, I would feel comfy with my long sentiment.
Hello World!
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