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Only Gold!

  • #19,941
  • Nov 30, 2014 8:13pm Nov 30, 2014 8:13pm
Quoting Panco
{quote} Thanks. The spikes in gold makes it extremely difficult to handle. I wouldn't be surprised it is as a result of stop-hunting operations. I had some very good trades in gold, don't get me wrong. Just in the past year the statistics turn against me so I am giving it a break.
no dear i can understand as i lost som trades since makret open but still got lot to get back from market and i was posting in whatsup group how gold gonna bersih even i do wanted it to go higher but i didn't saw any real indicate aout headings up ,wouldn't adivce scalping though
Let me fill my acount wallet then will take Ur advice
  • #19,942
  • Nov 30, 2014 8:14pm Nov 30, 2014 8:14pm
I am sorry to hear. Scalping is not for me either. We'll just have to wait and see
"The Market is Not Evil, it Simply Separates Dumb People From Their Money."
  • #19,943
  • Nov 30, 2014 8:17pm Nov 30, 2014 8:17pm
I am off to get some sleep. Good luck with your trades.
"The Market is Not Evil, it Simply Separates Dumb People From Their Money."
  • #19,944
  • Nov 30, 2014 8:25pm Nov 30, 2014 8:25pm
Like I said before closing on Fri. I expect bottom-out in the range 1150-65

Hedged majority of my shorts in Forex
Long contracts remain open (in IN).

Placed a pending short @ 1146, will add shorts IF price indeed continues to go below..

Plan to trade & handle volatility & spikes with VVSA..

Trade Safe!
Hello World!
  • #19,945
  • Nov 30, 2014 8:28pm Nov 30, 2014 8:28pm
Quoting ClockTrader
Like I said before closing on Fri. I expect bottom-out in the range 1150-65 Hedged majority of my shorts in Forex Long contracts remain open (in IN). Placed a pending short @ 1146, will add shorts IF price indeed continues to go below.. Plan to trade & handle volatility & spikes with VVSA.. Trade Safe!
Dear Clock Trader!

Are you trading in Indian Commodity Market also??
  • #19,946
  • Edited 8:55pm Nov 30, 2014 8:42pm | Edited 8:55pm
This might not be a popular view but an increasingly likely view or wave count of such trending market like Gold in the last 2 years, that it's in the middle of a 'running (flat) correction' wave (4) since Jun2013 low.
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Elliott Wave for optimum entry, exit and risk management of trades
  • #19,947
  • Nov 30, 2014 9:10pm Nov 30, 2014 9:10pm
Quoting alagiri64
{quote} Dear Clock Trader! Are you trading in Indian Commodity Market also??
Yes mate, I am
Hello World!
  • #19,948
  • Nov 30, 2014 9:16pm Nov 30, 2014 9:16pm
Quoting skyhok
This might not be a popular view but an increasingly likely view or wave count of such trending market like Gold in the last 2 years, that it's in the middle of a 'running (flat) correction' wave (4) since Jun2013 low. {image} {image}
Yep it looks very likely that this current trend will take it to 1000.
  • #19,949
  • Nov 30, 2014 9:30pm Nov 30, 2014 9:30pm
Quoting skyhok
This might not be a popular view but an increasingly likely view or wave count of such trending market like Gold in the last 2 years, that it's in the middle of a 'running (flat) correction' wave (4) since Jun2013 low. {image} {image}
I love the art of wave counts - so pretty
hold your nose boys she's going - lol
  • #19,950
  • Nov 30, 2014 9:46pm Nov 30, 2014 9:46pm
Quoting skyhok
This might not be a popular view but an increasingly likely view or wave count of such trending market like Gold in the last 2 years, that it's in the middle of a 'running (flat) correction' wave (4) since Jun2013 low. {image} {image}
Thank you for sharing this useful information. Wish you green pips.
Trade at your own risk. Don't follow one's opinion.
  • #19,951
  • Nov 30, 2014 9:53pm Nov 30, 2014 9:53pm
Quoting Panco
I got burned many times trading gold for some reason. I am doing very well in Forex, Indices and crude oil but Gold for some reason is not working out for me. If my opinion is worth anything, there is a fair chance for corrective gains from the current price but I am out of it.
I'm on opposite side. I make money with gold, but FX almost burned my account to zero. My technique in trading gold is using pivot point and 1h,4h time frame. When I open a position 85% hit TP.
Trade at your own risk. Don't follow one's opinion.
  • #19,952
  • Nov 30, 2014 11:51pm Nov 30, 2014 11:51pm
Quoting Dafonz
{quote} Yep it looks very likely that this current trend will take it to 1000.
What is the time-scope you are looking at?

IMHO, I don't think it'll hit 1000 within a week or two. I am well prepared though, if it does.

IF this does not bottom-out in the current range as per my view, I see next support above 1125

With that said, Mondays and Fridays are often slippery and relative more volatile.. So I'll keep my arms open for any further PA by or after NY morning.

PS: This entire week I expect price to ride high voltage, a neat & HUGE bounce should be visible by this weekend IMHO.
Hello World!
  • #19,953
  • Dec 1, 2014 12:23am Dec 1, 2014 12:23am
My personal views due to the following:

http://www.forbes.com/sites/jonhartl...in-referendum/

http://snbchf.com/

https://goldswitzerland.com/swiss-gold-initiative-2014/
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The only winner is the one who survive the longest...
  • #19,954
  • Dec 1, 2014 12:38am Dec 1, 2014 12:38am
gold going up??? for which reason...
  • #19,955
  • Dec 1, 2014 12:38am Dec 1, 2014 12:38am
Quoting elbert3
{image} one more trade this is for banker 19 to work out ,,, i am sure he is playing us up ????
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o what a lovely wake up sooo glad i took the last order on the breakout on friday ,,, i wonder if banker did the same
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  • #19,956
  • Dec 1, 2014 12:45am Dec 1, 2014 12:45am
Quoting banker19
gold going up??? for which reason...
After the nice fall, some retrace is supposed to take place.. whether this is a retrace OR beginning of a rally.. lets figure that out.....
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Hello World!
  • #19,957
  • Dec 1, 2014 12:47am Dec 1, 2014 12:47am
Quoting elbert3
{quote} {image}o what a lovely wake up sooo glad i took the last order on the breakout on friday ,,, i wonder if banker did the same {image}
naa.... i couldn't wake up early in the morning at 3 am when market open my bad,, other wise i could have a sell till 1144...
i cleared all my bids on friday , taking no risks due to swiss gold refrendum..
Watching gold from morning no moments since early movement downwards,, now thinking to sell at 1158 lvl & TP at 1150
  • #19,958
  • Dec 1, 2014 12:49am Dec 1, 2014 12:49am
Quoting ClockTrader
{quote} After the nice fall, some retrace is supposed to take place.. whether this is a retrace OR beginning of a rally.. lets figure that out..... {image}
mit b cuz india have remove import taxes on gold....nobody looking at this matter,
  • #19,959
  • Dec 1, 2014 12:56am Dec 1, 2014 12:56am
i thing gold will circle around 1145 - to 1165 lvl, this week , is i m rite CT, was just looking at VVSA & Sir elbert 3 chart.... is i have read it rite??
  • #19,960
  • Dec 1, 2014 1:42am Dec 1, 2014 1:42am
Quoting banker19
i thing gold will circle around 1145 - to 1165 lvl, this week , is i m rite CT, was just looking at VVSA & Sir elbert 3 chart.... is i have read it rite??
Please rationalize your view. Tell us what makes you think so? Publish a chart / logic in order to support your view..
Hello World!
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