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Only Gold!

  • #20,861
  • Dec 25, 2014 10:50pm Dec 25, 2014 10:50pm
Quoting Waitnsee
CL im holding some shorts that are losing at 176, 180, 183 - im hedging on the upside 186, 188, 192 whats the likely trend - down or up
My personal opinion: The 1st zone I mentioned seems to be holding, so I am still holding Short. Wait till London session see what's the PA.
The only winner is the one who survive the longest...
  • #20,862
  • Dec 25, 2014 11:36pm Dec 25, 2014 11:36pm
Is "alpari on mt4" working? anyone?
  • #20,863
  • Dec 25, 2014 11:48pm Dec 25, 2014 11:48pm
Quoting kinspk
{quote} My personal opinion: The 1st zone I mentioned seems to be holding, so I am still holding Short. Wait till London session see what's the PA.
Going forward, on a broad level, my opinion is short from 1185-1200 range..

Given the season & volatility, I would trade light & safe..
Hello World!
  • #20,864
  • Dec 26, 2014 1:55am Dec 26, 2014 1:55am
Quoting ClockTrader
{quote} Going forward, on a broad level, my opinion is short from 1185-1200 range.. Given the season & volatility, I would trade light & safe..
TBH, the range u mentioned are the better zone to short if bearish sentiment remain. Presently if to add short, I will skip.
The only winner is the one who survive the longest...
  • #20,865
  • Dec 26, 2014 2:53am Dec 26, 2014 2:53am
bank holiday london today
  • #20,866
  • Dec 26, 2014 4:44am Dec 26, 2014 4:44am
Quoting kinspk
{quote} TBH, the range u mentioned are the better zone to short if bearish sentiment remain. Presently if to add short, I will skip.
@ 1193

Dying to test shorts.. but wondering if I should test these in conjunction with 12 pm NY ahead OR wait for Monday..

On Monday, most likely, I'm going short with reasonable weight.
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Hello World!
  • #20,867
  • Dec 26, 2014 4:46am Dec 26, 2014 4:46am
Quoting ClockTrader
{quote} @ 1193 Dying to test shorts.. but wondering if I should test these in conjunction with 12 pm NY ahead OR wait for Monday.. On Monday, most likely, I'm going short with reasonable weight. {image}
@ 1192

Testing a small set of shorts in the current range

Buy Stops @ 1210 (as SL to cover these short tests)
Hello World!
  • #20,868
  • Dec 26, 2014 4:54am Dec 26, 2014 4:54am
My fingers are so itch to short, but like to see a rejection near 1200. I wait a little while more...
The only winner is the one who survive the longest...
  • #20,869
  • Dec 26, 2014 5:05am Dec 26, 2014 5:05am
long from 1171, 1173, 1178, 1181, 1183 tp 1207/8
  • #20,870
  • Dec 26, 2014 5:22am Dec 26, 2014 5:22am
Quoting ClockTrader
{quote} @ 1192 Testing a small set of shorts in the current range Buy Stops @ 1210 (as SL to cover these short tests)
Short @1198xx .. seems like it could go further but these were the levels I was looking for to add shorts. We'll see, gold has been whacky lately w these short covering rallies..... that rally to 1240 comes to mind.. Like CT says.. trade lightly. Then if you're really confident you can always add a position or two at better levels !
  • #20,871
  • Dec 26, 2014 5:39am Dec 26, 2014 5:39am
Quoting Ck87
{quote} Short @1198xx .. seems like it could go further but these were the levels I was looking for to add shorts. We'll see, gold has been whacky lately w these short covering rallies..... that rally to 1240 comes to mind.. Like CT says.. trade lightly. Then if you're really confident you can always add a position or two at better levels !
There isn't a quick wick taking place after double peak-outs on M15, therefore, the likelihood of price climbing further are high.. maybe it climbs very high.. never know..

I'll just stick to these test shorts.. & try shorts again on Monday. 12 pm NY can always be tricky & misleading on Fridays.. Trade light & Safe!
Hello World!
  • #20,872
  • Dec 26, 2014 5:54am Dec 26, 2014 5:54am
Quoting ClockTrader
{quote} There isn't a quick wick taking place after double peak-outs on M15, therefore, the likelihood of price climbing further are high.. maybe it climbs very high.. never know.. I'll just stick to these test shorts.. & try shorts again on Monday. 12 pm NY can always be tricky & misleading on Fridays.. Trade light & Safe!
Test shorts is what I've taken from 1198. I mentioned last week of my hopes for higher levels from which to short. Interesting to see if price breaks 1200 resistance
"The market can remain irrational longer than you can remain solvent"
  • #20,873
  • Dec 26, 2014 7:16am Dec 26, 2014 7:16am
The rejection are not valid, possibility of passing 1200 is possible, as PA look like accumulation. I closed losses on net short, though I should have took profit earlier. A small loss of baits to catch a big fish is what I want.

Good luck guys, sinking in beer now. And enjoy the weekends.
The only winner is the one who survive the longest...
  • #20,874
  • Dec 26, 2014 8:52am Dec 26, 2014 8:52am
Love this revenge with extra profit going with some beer
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The only winner is the one who survive the longest...
  • #20,875
  • Dec 26, 2014 8:55am Dec 26, 2014 8:55am
Quoting anton.olff
{quote} Test shorts is what I've taken from 1198. I mentioned last week of my hopes for higher levels from which to short. Interesting to see if price breaks 1200 resistance
Yea, I remember you wanting to short from 1190s area.. Good Luck, my friend!
Hello World!
  • #20,876
  • Dec 26, 2014 8:57am Dec 26, 2014 8:57am
Quoting kinspk
The rejection are not valid, possibility of passing 1200 is possible, as PA look like accumulation. I closed losses on net short, though I should have took profit earlier. A small loss of baits to catch a big fish is what I want. Good luck guys, sinking in beer now. And enjoy the weekends.
As per my view, there is 99.99% chance that price will kiss the ~1200 area.

I'm going to be patient. Mondays can be freaky slippery & volatile.
Hello World!
  • #20,877
  • Dec 26, 2014 9:00am Dec 26, 2014 9:00am
Quoting clocktrader
{quote} as per my view, there is 99.99% chance that price will kiss the ~1200 area. I'm going to be patient. Mondays can be freaky slippery & volatile.
i am with short @1198 sl 1205
  • #20,878
  • Dec 26, 2014 9:26am Dec 26, 2014 9:26am
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Ro IMRAN Ro
  • #20,879
  • Dec 26, 2014 9:29am Dec 26, 2014 9:29am
Quoting sunny2003nn
{quote} i am with short @1198 sl 1205
I'm thinking I should leave a pending sell order @ ~1200 with SL @ 1210-15

The point is, if today were a normal weekday (Mon-Thu), the chances of price going till 1205 were nil on the basis of NY-DCB + VVSA etc...

However, its Friday today & going forward, re-opening can be spiky.

So, I'll leave a couple of pending shorts around 1200

I thought I should share this with you..
Hello World!
  • #20,880
  • Dec 26, 2014 9:35am Dec 26, 2014 9:35am
Quoting ClockTrader
{quote} There isn't a quick wick taking place after double peak-outs on M15, therefore, the likelihood of price climbing further are high.. maybe it climbs very high.. never know.. I'll just stick to these test shorts.. & try shorts again on Monday. 12 pm NY can always be tricky & misleading on Fridays.. Trade light & Safe!
Yeah most likely will not fall far till Monday. Keeping my shorts though, like my entry.
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