Only Gold! | Page 1045 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Journal (only my take) 433 replies

Trading gold and silver only 59 replies

An idea for building wealth...using only gold 9 replies

GOLD traders only 90 replies

Attachments: Only Gold!
Exit Attachments

Only Gold!

  • #20,881
  • Dec 26, 2014 9:42am Dec 26, 2014 9:42am
Everyone have a great weekend!

Let love & affection rule the world..

Its cold out there, not a good weather to trade hard, therefore, I suggest Trade light & Safe!

Stay warm, Stay safe!

PS: It gets as low as 3° here, not much by western standards, but, cold chills for us.
Hello World!
  • #20,882
  • Dec 26, 2014 9:52am Dec 26, 2014 9:52am
Quoting ClockTrader
{quote} 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..
well thats good idea.i was not clear about sl....if it breaks 1200 we must see lil spike but not spike too high....

now! i would like to go with pending orders
  • #20,883
  • Dec 26, 2014 1:18pm Dec 26, 2014 1:18pm
i will buy pullback with small sl
  • #20,884
  • Edited 10:59pm Dec 26, 2014 10:32pm | Edited 10:59pm
I just happened to run into this interesting chart comparison on gold and oil this evening.
Interesting how the pattens play out between each other.
Attached Image (click to enlarge)
Click to Enlarge Name: gold oil.PNG Size: 166 KB


RUB to Dollar Performances
Attached Image (click to enlarge)
Click to Enlarge Name: rubtodollar.PNG Size: 73 KB


And guess who was making massive purchases on gold back in November?
And guess who is the rank no.1 exporting oil?

This guys ->
Attached Image (click to enlarge)
Click to Enlarge Name: putin.jpg Size: 104 KB


SURPRISED?

Attached Image

I am not.


Source
http://www.mcoscillator.com/learning...crash_pattern/
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #20,885
  • Dec 27, 2014 10:46am Dec 27, 2014 10:46am
With the 2 previous mentioned zones breached, and the highlighted zone re-visited. I will be looking at a bullish sentiment for the month of Jan.
Attached Image (click to enlarge)
Click to Enlarge Name: XAU.PNG Size: 50 KB
The only winner is the one who survive the longest...
  • #20,886
  • Dec 27, 2014 10:49am Dec 27, 2014 10:49am
Quoting kinspk
With the 2 previous mentioned zones breached, and the highlighted zone re-visited. I will be looking at a bullish sentiment for the month of Jan. {image}
russian rumors are in play ........beware or we don'tcare???
  • #20,887
  • Dec 27, 2014 10:35pm Dec 27, 2014 10:35pm
Quoting kinspk
With the 2 previous mentioned zones breached, and the highlighted zone re-visited. I will be looking at a bullish sentiment for the month of Jan. {image}
Once we are past contracts expiry, I would agree..
Hello World!
  • #20,888
  • Dec 28, 2014 11:26am Dec 28, 2014 11:26am
Quoting ClockTrader
{quote} Once we are past contracts expiry, I would agree..
Tomorrow is last trading day for Dec. contract & just 299 OI so not a factor. Only physical delivery participants. Next significant options expiration 30 days away.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold-OI.png Size: 296 KB
  • #20,889
  • Dec 28, 2014 11:44am Dec 28, 2014 11:44am
Quoting srt
{quote} Tomorrow is last trading day for Dec. contract & just 299 OI so not a factor. Only physical delivery participants. Next significant options expiration 30 days away. {image}
Hi Bro, thanks for the chart, sorry for my ignorance. May I know what does Opint means?
The only winner is the one who survive the longest...
  • #20,890
  • Dec 28, 2014 11:49am Dec 28, 2014 11:49am
Quoting kinspk
{quote} Hi Bro, thanks for the chart, sorry for my ignorance. May I know what does Opint means?
Open Interest
The number of futures contracts still available for trading.
When all contracts are assigned for physical delivery, the OI will go to zero.
  • #20,891
  • Dec 28, 2014 1:24pm Dec 28, 2014 1:24pm
Quoting srt
{quote} Open Interest The number of futures contracts still available for trading. When all contracts are assigned for physical delivery, the OI will go to zero.
Thanks Bro!
The only winner is the one who survive the longest...
  • #20,892
  • Dec 28, 2014 6:16pm Dec 28, 2014 6:16pm
About to sell gold @ 1194 Tp 1179
Let me fill my acount wallet then will take Ur advice
  • #20,893
  • Dec 28, 2014 6:59pm Dec 28, 2014 6:59pm
hi guys im holding some bad shorts from last week below 1180 - its gone to 1193 im tempted to close and take my loss because i have worry of rise to 1200 or above

any chance of a fall in gold tomorrow
  • #20,894
  • Dec 28, 2014 7:09pm Dec 28, 2014 7:09pm
I had just long at ~1193, according to the zones I mentioned earlier. I am without chart now, just price from my phone. See how it work out for this 2-3 hours in Asian session.
The only winner is the one who survive the longest...
  • #20,895
  • Dec 28, 2014 9:03pm Dec 28, 2014 9:03pm
Though I do think gold will head way lower, possibly sooner than later, just seems a little weird right now and think I'm going to have to be a little more patient with it, especially after holding above 1180 major pivotal point, clearly next is this 1200 psych level...... I do now feel we're going to blow through that and maybe head to 1250, I prefer to wait to short rather than go long though. Have covered my shorts. good luck.
Also I do think it's possible we will retest 1180 in the next 12-24 hours and I have no problem reentering short lower than these 1196 levels if I see compelling momentum during that time.
  • #20,896
  • Dec 28, 2014 10:06pm Dec 28, 2014 10:06pm
Quoting srt
{quote} Tomorrow is last trading day for Dec. contract & just 299 OI so not a factor. Only physical delivery participants. Next significant options expiration 30 days away. {image}
I studied last 11 months expiration dates.. researched them with VVSA-15 & more.. I did not look at OI at all. I'll stick to my test shorts..
Hello World!
  • #20,897
  • Edited Dec 29, 2014 12:29am Dec 28, 2014 11:58pm | Edited Dec 29, 2014 12:29am
gold playing in a down trend , better say making a bottom ( limit down for up 1032, even breaks dwn ok too as botton now with further huge crush OR a big leg up to down again after many years again )) for next play, daily tf last showed strong reversal activitis & still in it , smaller tf gave a very rudimentary bull signal by breaking 1192 last time . direct resistat at present for immediate supports 1161,42. otherwise break/likely next limits 1203, 1213,1223 towards 1240 test again or as a spike up nearer to it to crush down ( next increase in range> in try up first before down still ).

on strong multiple supports gold now ( monthly\weekly) & resitances 1240,55,71,1300,1323 approximate. so play carefull in this scenerios.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #20,898
  • Dec 29, 2014 4:11am Dec 29, 2014 4:11am
Hello Every One
Its been quite some time i didnt write in here
happy new year and merry Xmas to all
Senior Trader Multi-Account Manager
  • #20,899
  • Dec 29, 2014 4:14am Dec 29, 2014 4:14am
Looking for shorts on gold here once price break the 1190 level

https://www.tradingview.com/x/lLmgNHYf/
Senior Trader Multi-Account Manager
  • #20,900
  • Dec 29, 2014 6:48am Dec 29, 2014 6:48am
Hi folk,

Can anyone suggest most reliable indicator for M15 chart please. Thanks and stay green.
Those that get up at 5 a.m. rule the world.
15 traders viewing now