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Only Gold!

  • #20,681
  • Dec 17, 2014 11:01pm Dec 17, 2014 11:01pm
Quoting JaleesHacker
{quote} Every one has there own analysis and i do consider yours as well but still i am favor of gold going long.
hey mate,

Are you indeed a hacker? Just curious, you know..
Hello World!
  • #20,682
  • Dec 17, 2014 11:34pm Dec 17, 2014 11:34pm
Quoting Razi89
Look likes possible double bottom at daily. For more confirmation 1203 level taken out
Somehow for the past few days, daily price did not close above the critical S&R level at 1205-1208 level, which I mentioned earlier. Would be interesting to see if it is indeed a reversal or merely just a fake breakout which is common in Gold trading.
The true fact is market doesn't care, risk mgt is important.
  • #20,683
  • Dec 17, 2014 11:37pm Dec 17, 2014 11:37pm
Quoting ClockTrader
@1197 started my day with tiny tot-shorts Strategy below: Short in the range @ 1197-1210 Buy Stops 1215-1220-1225 In worst case account will lose less than 0.5%
Calc.. mistake..

readjusted weight..

* In worst case account will lose less than 4%
Hello World!
  • #20,684
  • Edited Dec 18, 2014 12:07am Dec 17, 2014 11:46pm | Edited Dec 18, 2014 12:07am
1186 not hold & next probable support goes to 1178 , & around this level can get another spike off too, immediate limit up 1202 & 1201.625 . Anyway bull failed to offer immediate benefit of its action last leg up & better search for more strong support before another try if not fully exhausted , at 1152,41 , 31 if.so apparently bear won if the spike probable not take into consideration. Stay safe & take care .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #20,685
  • Dec 17, 2014 11:47pm Dec 17, 2014 11:47pm
Quoting TriLLi
{quote} Just my analysis {image}
r u using the indicator "super adx"?
  • #20,686
  • Dec 18, 2014 12:26am Dec 18, 2014 12:26am
Quoting ClockTrader
{quote} hey mate, Are you indeed a hacker? Just curious, you know..
Ya mate i am Hacker its not only my nick but i am a hacker...
  • #20,687
  • Dec 18, 2014 1:48am Dec 18, 2014 1:48am
Even if being no so perfect, i believe the descending trend-line, near $1208 can become strong resistance for the yellow metal to trigger up-move. Overall, sellers are welcome.
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  • #20,688
  • Dec 18, 2014 3:09am Dec 18, 2014 3:09am
Quoting ClockTrader
@1197 started my day with tiny tot-shorts Strategy below: Short in the range @ 1197-1210 Buy Stops 1215-1220-1225 In worst case account will lose less than 0.5%
In my opinion, the rally is formed for the real short, usd/jpy goes the opposite of Gold, Usd/jpy just bounced off his support, the resistance level of 1200 will not hold.
Down we go...trade at your RISK
  • #20,689
  • Dec 18, 2014 4:10am Dec 18, 2014 4:10am
RIP shorts.
  • #20,690
  • Dec 18, 2014 5:06am Dec 18, 2014 5:06am
Quoting Jonh
RIP shorts.
I STILL HOLD ON TO MY SHORTS

1180 monthly support was taking out already and all what we see are just retest of the resistance. Down we go in days...TRADE AT YOUR OWN RISK!!!
  • #20,691
  • Dec 18, 2014 5:14am Dec 18, 2014 5:14am
What are your expectations for today's dollar news (unemployment claims) ?
  • #20,692
  • Dec 18, 2014 5:37am Dec 18, 2014 5:37am
Quoting uncletrumpet
{quote} I STILL HOLD ON TO MY SHORTS 1180 monthly support was taking out already and all what we see are just retest of the resistance. Down we go in days...TRADE AT YOUR OWN RISK!!!


Added more at $1210 (upper TL of downward channel 1HR TF)
To live a successful life, we must lose our fear of being wrong
  • #20,693
  • Dec 18, 2014 5:44am Dec 18, 2014 5:44am
was not expecting a bounce above 1205 but it happened, we have 2 Daily trend line one is at 1200 other is 1210, lets see if we can stay bove them or go back.
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  • #20,694
  • Dec 18, 2014 6:05am Dec 18, 2014 6:05am
Quoting EatPIPs
{quote} Added more at $1210 (upper TL of downward channel 1HR TF)
All what happened is that the Big Dogs were Stop Hunting, the chased many bears of the market by buying and many short stop loss were hit and the market is now highly liquid. Watch how market dip down more than 500 pips in short while...The bulls have lost the war already
  • #20,695
  • Dec 18, 2014 6:05am Dec 18, 2014 6:05am
Quoting ClockTrader
@1197 started my day with tiny tot-shorts Strategy below: Short in the range @ 1197-1210 Buy Stops 1215-1220-1225 In worst case account will lose less than 0.5%
This is what I got..

Buy Stops to cover these longs @ 1215 & 1220

There is not any clear peak-out today by far.. so would remain conservative..

As soon as (IF) I see a clear peak-out, I would add shorts.. might add a couple anyways..

PS: Risk got mitigated a little as I was away & couldn't add shorts at lower levels..
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Hello World!
  • #20,696
  • Dec 18, 2014 7:06am Dec 18, 2014 7:06am
What happend if Russia sell her Gold to save its currency?
  • #20,697
  • Dec 18, 2014 7:09am Dec 18, 2014 7:09am
Quoting namaus
What happend if Russia sell her Gold to save its currency?
Depends how much would they sell to protect it. Theoretically speaking if they would sell all official posted gold, it would create massive drop in gold price eg 100 bucks.
  • #20,698
  • Dec 18, 2014 7:52am Dec 18, 2014 7:52am
Quoting janpec1000
{quote} Depends how much would they sell to protect it. Theoretically speaking if they would sell all official posted gold, it would create massive drop in gold price eg 100 bucks.
what is happening? PA not moving
  • #20,699
  • Dec 18, 2014 8:06am Dec 18, 2014 8:06am
Quoting JaleesHacker
{quote} Ya mate i am Hacker its not only my nick but i am a hacker...
OK, I'll just suppose you are an ethical hacker!
Hello World!
  • #20,700
  • Dec 18, 2014 8:06am Dec 18, 2014 8:06am
CT, any idea??
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