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  • #20,601
  • Dec 15, 2014 2:34pm Dec 15, 2014 2:34pm
long 1192.80 with a tight stop
  • #20,602
  • Dec 15, 2014 2:50pm Dec 15, 2014 2:50pm
close 1191, will be watching what will happen
  • #20,603
  • Dec 15, 2014 3:00pm Dec 15, 2014 3:00pm
Open long position, crossin fingers for asian session, hopefully this pattern plays out well
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  • #20,604
  • Dec 15, 2014 3:03pm Dec 15, 2014 3:03pm
Quoting NWGstudent
Open long position, crossin fingers for asian session, hopefully this pattern plays out well {image}
what is your tp?
  • #20,605
  • Dec 15, 2014 3:07pm Dec 15, 2014 3:07pm
I did cleaned some shorts today as well but unfortunately had some longs left open from 123Xs. Now I am a bit nervous to see if price drops even further. Too late for S/L!

Quoting Kah
Yet again, persistence paid off. Closed all shorts which I initiated from 1236 downwards at 1194.50. Mate, am I allowed to bounce now PA was volatile and I did nothing but to stick to my view with patience. Criticism was good but by the end of the day its your view which matters. Now will watch and do nothing. Cheers, KAH
  • #20,606
  • Dec 15, 2014 3:12pm Dec 15, 2014 3:12pm
38,2 fib retracment 1201 from last leg trying not to be greedy, my SL is at 5th dec swing low right under 1186
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  • #20,607
  • Dec 15, 2014 3:57pm Dec 15, 2014 3:57pm
Quoting Outsider78
I did cleaned some shorts today as well but unfortunately had some longs left open from 123Xs. Now I am a bit nervous to see if price drops even further. Too late for S/L! {quote}
i have one long from 123x but dont think so it will bounce soon, so i hedge it with same volume
  • #20,608
  • Dec 15, 2014 6:38pm Dec 15, 2014 6:38pm
Quoting ClockTrader
{quote} I have a system to follow.. waiting patiently is better than acting stupid my friend. I don't mind selling 10 - 15 $s below the top. I missed some tops but its fine.. I cannot be right all the time.. Att.. is the chart.. that's what I'm testing.. {image}
What system are you talking about? It is better to take risks and losing money than doing nothing as the GREAT SOROS said risk creates opportunity. You already know who is stupid, I posted our position for 3 yards short @ 1225 and the price right now is 1195 while you are doing nothing


Quoting ajantala
{quote} You don't need an insider to trade consistently profitable just a good technical and psychological strategy would do.
Hahaha that's what you think sorry to disappoint you there's no such thing as holy grail when it comes to technical analysis as well as psychological strategy all u need to know is what the BIG BOYS do because FOREX is for them only not for a retail traders like you.....
  • #20,609
  • Dec 15, 2014 10:01pm Dec 15, 2014 10:01pm
IF you know nothing about my system, I'm sure you did not read first post of this thread & simply jumped on here..

Wish you good luck my friend.. I would not like to get into arguments with you.. :-)


Quoting 4x_Trader
{quote} What system are you talking about? It is better to take risks and losing money than doing nothing as the GREAT SOROS said risk creates opportunity. You already know who is stupid, I posted our position for 3 yards short @ 1225 and the price right now is 1195 while you are doing nothing {quote} Hahaha that's what you think sorry to disappoint you there's no such thing as holy grail when it comes to technical analysis as well as psychological strategy all u need to know is what the BIG BOYS do because FOREX is for them only not...
Hello World!
  • #20,610
  • Dec 15, 2014 10:33pm Dec 15, 2014 10:33pm
@ 1197-98 hedged majority of shorts (greenery locked)
Hello World!
  • #20,611
  • Dec 15, 2014 10:43pm Dec 15, 2014 10:43pm
Hedged all shorts..

Net Pos: NULL
Attached Image
Hello World!
  • #20,612
  • Dec 15, 2014 11:07pm Dec 15, 2014 11:07pm
Quoting ClockTrader
Hedged all shorts.. Net Pos: NULL {image}
i always read about ur comment and trade safe. btw ur pic is closed trade?
  • #20,613
  • Dec 16, 2014 12:10am Dec 16, 2014 12:10am
Quoting Sunshine329
{quote} i always read about ur comment and trade safe. btw ur pic is closed trade?
The weight of longs & shorts is equal.. not visible in the att..
Hello World!
  • #20,614
  • Dec 16, 2014 12:20am Dec 16, 2014 12:20am
http://i1116.photobucket.com/albums/...pse33052df.jpg

Just my personal view, technically 1205 served as an important S&R line. Having breached thru this level yesterday, Gold looks set to head lower. A weekly close below this level will confirm the bearish view.
The true fact is market doesn't care, risk mgt is important.
  • #20,615
  • Edited 1:26am Dec 16, 2014 12:29am | Edited 1:26am
the direct up test limit broken with a mini crush , signals a 1st hand bear towards 1186 safe that is another limit for direct up also , or ever may easily slip to 1174 also to have the support for . other good supports may be 1153 ,1141 or breaks for the up tries also . so there will still be up tries again & again & no good signal for down yet before next or last crush big at some top areas . yes market can continue this mini crush to the last , prev low , but very abnormal, hope not. anyway bull loss controll at least for now & so direct & not over.
take care in this ranging areas > increased now .
in bigger sense , we are in down trend , got new lows recently , 1032 still intact & so bear strength still not compromised but there was one strong reversal activities at new lows also & not yet over & out , so 1255 one key level should be in the eye if chances there to hit .
fontu
note : checked usd index chrat before & now it is at some top areas & in corrective phase , weekly bear hammar already in place & so though some ranging still it should start fall this week to this month towards 87-86.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #20,616
  • Dec 16, 2014 12:50am Dec 16, 2014 12:50am
in my view such a fall to 1190 area, is only a movement for attacking bulls to 1250-70 area before great fall early of new year
this only an idea!
  • #20,617
  • Dec 16, 2014 12:53am Dec 16, 2014 12:53am
Quoting Arshamv
in my view such a fall to 1190 area, is only a movement for attacking bulls to 1250-70 area before great fall early of new year this only an idea!
i wish gold going up as my target is 1255 for this... don know can or not
  • #20,618
  • Dec 16, 2014 1:02am Dec 16, 2014 1:02am
we must all wait tomorrows fomc data guys, all other trades till than is gamble.
  • #20,619
  • Dec 16, 2014 1:22am Dec 16, 2014 1:22am
took half of my position of at 1198 since it was a bit too big to my liking ... I got in since it seemed like a potential bounce level on the 4H after a strong move down ... have a stop on the remaining part now at 1193 ... with a take profit at 1210 (since I will be mostly not around today) ... this last level might be a good place to initiate a short too but I need some kinda confirmation there ... could be we never make it that far though ...
  • #20,620
  • Dec 16, 2014 3:39am Dec 16, 2014 3:39am
Quoting cvds16
took half of my position of at 1198 since it was a bit too big to my liking ... I got in since it seemed like a potential bounce level on the 4H after a strong move down ... have a stop on the remaining part now at 1193 ... with a take profit at 1210 (since I will be mostly not around today) ... this last level might be a good place to initiate a short too but I need some kinda confirmation there ... could be we never make it that far though ...

I believe it has go down and touched 1190.5
Gold is my pleasure.
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