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  • #21,601
  • Jan 19, 2015 11:22pm Jan 19, 2015 11:22pm
Volume is relatively low and is at the upper band of my price range. Most likely we will see a pullback top 1255 before heading higher. let's just wait until US market session open. I think we might see 1 candle with huge spread. Just my thoughts.
  • #21,602
  • Jan 19, 2015 11:45pm Jan 19, 2015 11:45pm
Quoting Ck87
{quote} Seems strange how well supported it's been lately. Nothing happening in other markets has been able to make gold flinch lower... up up and up. hmm.
maybe this explains why gold is gonna go up, everyone is buying

http://www.silverdoctors.com/gold-pr...low-sell-high/
  • #21,603
  • Jan 19, 2015 11:57pm Jan 19, 2015 11:57pm
Quoting juhanimi
{quote} maybe this explains why gold is gonna go up, everyone is buying http://www.silverdoctors.com/gold-pr...low-sell-high/
Yeah...So many bullish predictions, I stick to mine that they will all get slaughtered and gold will go lower. Retest of 1180 coming IMO. Overall I think the increase in price was more of a technical thing at first, I mentioned over here how as long as price remained above 1180 it was bullish for gold. Sure some uncertainty and US mkt bearishness helped. But that 1180 pivotal point getting tested so many times and holding was huge.......
  • #21,604
  • Jan 20, 2015 12:01am Jan 20, 2015 12:01am
http://www.globalresearch.ca/grandma...l-gold/5421567
  • #21,605
  • Jan 20, 2015 12:11am Jan 20, 2015 12:11am
Once this daily momentum caves in, it's going to look nasty. who knows when that will be and what price it'll top at. Just trade light like CT always says and opportunities will arise
  • #21,606
  • Jan 20, 2015 12:15am Jan 20, 2015 12:15am
Quoting Ck87
Once this daily momentum caves in, it's going to look nasty. who knows when that will be and what price it'll top at. Just trade light like CT always says and opportunities will arise
agree, but at least there is a huge demand for gold atm
  • #21,607
  • Jan 20, 2015 12:15am Jan 20, 2015 12:15am
Hi

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  • #21,608
  • Jan 20, 2015 12:18am Jan 20, 2015 12:18am
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Ro IMRAN Ro
  • #21,609
  • Jan 20, 2015 2:43am Jan 20, 2015 2:43am
@ 1284

Took a little loss from test shorts.. I thought I should share this with you guys..
Hello World!
  • #21,610
  • Jan 20, 2015 2:45am Jan 20, 2015 2:45am
same here CT....what is your view on.....?
  • #21,611
  • Jan 20, 2015 3:01am Jan 20, 2015 3:01am
just got 100 pips buying gold

http://www.forexfactory.com/showthre...90#post8007690
Reaction is better than Prediction
  • #21,612
  • Jan 20, 2015 3:03am Jan 20, 2015 3:03am
Quoting Rashidtrade
same here CT....what is your view on.....?
Well, I ignored Bulls -- the trend.. under the the influence of Jan top that's been occurring lately..

@ 1291.. re-testing shorts..
Hello World!
  • #21,613
  • Jan 20, 2015 3:06am Jan 20, 2015 3:06am
Quoting mikajap
just got 100 pips buying gold http://www.forexfactory.com/showthre...90#post8007690
Glad someone is making money here :-)

Hello World!
  • #21,614
  • Jan 20, 2015 3:08am Jan 20, 2015 3:08am
Quoting Razi89
{quote} whats the position size?
max allowed
  • #21,615
  • Jan 20, 2015 3:10am Jan 20, 2015 3:10am
Quoting ClockTrader
{quote} Well, the Golden seasons failed badly in the year 2014 (June to Jan) as you may have observed.. it was not a great year to be honest.. I've been working on something new, pretty close to Holy Grail.. for swing trades.. sounds big, but, its true.. & I can prove my point.. You are one of the oldest fellas here.. I appreciate your presence here mate.. :-)
things will turn around. 2 years of 'get rich' trading awaits.
  • #21,616
  • Jan 20, 2015 3:16am Jan 20, 2015 3:16am
My shorts have all hit SL.

Pending longs have been activated at 1290.

1278 is the level I require to sustain as support and I would be looking to hold the long for the rest of this month the way PA has been playing out. Trading light though.
To live a successful life, we must lose our fear of being wrong
  • #21,617
  • Jan 20, 2015 3:26am Jan 20, 2015 3:26am
Quoting ClockTrader
{quote} Glad someone is making money here :-)
thanks ClockTrader
Reaction is better than Prediction
  • #21,618
  • Jan 20, 2015 3:28am Jan 20, 2015 3:28am
Quoting seaman2
{quote} things will turn around. 2 years of 'get rich' trading awaits.
Yes mate.. even I'm working on those "Get Rich" techniques & strategies.. of course safe-light trading first..

IF I were not trading light & safe.. (with tests) I would have blown a few accounts by far..

For now, I'll stick to testing shorts in the said range 1250-1300, will try to locate peaks..

PS: The remainder week could remain bullish but, with corrections..
Hello World!
  • #21,619
  • Jan 20, 2015 3:33am Jan 20, 2015 3:33am
Quoting EatPIPs
My shorts have all hit SL. Pending longs have been activated at 1290. 1278 is the level I require to sustain as support and I would be looking to hold the long for the rest of this month the way PA has been playing out. Trading light though.
Dude, I always appreciate your calls.. but buying @ 1290 doesn't sound great to me.. By NY morning I expect some resistance to develop.. Until then, I don't mind if price shoot continues..

I really wish you make money..
Hello World!
  • #21,620
  • Jan 20, 2015 3:36am Jan 20, 2015 3:36am
Quoting ClockTrader
{quote} Dude, I always appreciate your calls.. but buying @ 1290 doesn't sound great to me.. By NY morning I expect some resistance to develop.. Until then, I don't mind if price shoot continues.. I really wish you make money..
On the other hand.. IF resistance develops nicely in the current range 1289-1294, the chances of further price-shoot will begin to look bleak to me..
Hello World!
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