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  • #21,641
  • Jan 20, 2015 7:12am Jan 20, 2015 7:12am
Quoting whackdiddy
CT.. I agree.. H4 showing it should drop to just above Kijun (blue line) and bounce off. First chart. D1 showing a nice drop that should reach the 16.9 handle in the coming days, then you see a bull cloud for small bull run back over 17.20 or to current levels. {image} {image}
Okay half asleep.. I am trading silver, we know that silver follows gold rather closely.. apologies guys.
A genius is born every minute, me I am lucky if my socks match.
  • #21,642
  • Jan 20, 2015 7:18am Jan 20, 2015 7:18am
Quoting ClockTrader
{quote} You maybe right mate.. On the other hand, IF price falls another $5 in another hr or so.. It would be safe to say that PA probably saw a ghost in 129x range.. @ 1285
its seems like intresting to watch 1285-1292 stay below 1284 green pips are waiting
  • #21,643
  • Jan 20, 2015 7:24am Jan 20, 2015 7:24am
Quoting whackdiddy
{quote} Okay half asleep.. I am trading silver, we know that silver follows gold rather closely.. apologies guys.
Quoting ClockTrader
{quote} Yea, kooool.. as long as its light & safe.. all is good.. My view on broad level remains bearish.. This jittery up/down should end in another few hrs giving us refreshed top to short from.. Once it stabilizes in a few hrs.. I plan to test short contracts (in IN).. already testing waters & it looks worth testing.. Like you say: Trade safe.. Trade Light..
Like I said: This jittery up/down should end in another few hrs giving us refreshed top to short from.. Once it stabilizes in a few hrs..

By the time we have US data coming.. the refreshed top should be clear IMO..
Hello World!
  • #21,644
  • Jan 20, 2015 7:32am Jan 20, 2015 7:32am
Quoting ClockTrader
{quote} {quote} Like I said: This jittery up/down should end in another few hrs giving us refreshed top to short from.. Once it stabilizes in a few hrs.. By the time we have US data coming.. the refreshed top should be clear IMO..
WATE IS IMO
  • #21,645
  • Jan 20, 2015 7:49am Jan 20, 2015 7:49am
Quoting ClockTrader
{quote} {quote} Like I said: This jittery up/down should end in another few hrs giving us refreshed top to short from.. Once it stabilizes in a few hrs.. By the time we have US data coming.. the refreshed top should be clear IMO..
If this is to be a top , there need to be some VSA setup on daily chart I think.
Considering this week US economic data is relatively mild, and with next week FOMC announcement, wonder how this will play out..
  • #21,646
  • Jan 20, 2015 8:01am Jan 20, 2015 8:01am
Quoting andySu
{quote} If this is to be a top , there need to be some VSA setup on daily chart I think. Considering this week US economic data is relatively mild, and with next week FOMC announcement, wonder how this will play out..
If my interpretation is correct. On Jan 15 there is strong volume on wide spread bar. Then subsequently Jan 16 there is low volume. Jan 19 is holiday. If today ends in doji with good volume and upside tested. And if tomorrow we get another test. Perhaps we can see a selloff on Friday...?
  • #21,647
  • Jan 20, 2015 8:29am Jan 20, 2015 8:29am
Quoting andySu
{quote} If this is to be a top , there need to be some VSA setup on daily chart I think. Considering this week US economic data is relatively mild, and with next week FOMC announcement, wonder how this will play out..
We are in a critical phase.. there have been peak-outs on daily, H4 etc.. on VVSA..
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  • #21,648
  • Jan 20, 2015 8:30am Jan 20, 2015 8:30am
Quoting Dk.
{quote} WATE IS IMO
IMO = In My Opinion..

You might wanna Google..
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  • #21,649
  • Jan 20, 2015 8:34am Jan 20, 2015 8:34am
Quoting andySu
{quote} If my interpretation is correct. On Jan 15 there is strong volume on wide spread bar. Then subsequently Jan 16 there is low volume. Jan 19 is holiday. If today ends in doji with good volume and upside tested. And if tomorrow we get another test. Perhaps we can see a selloff on Friday...?
IF price doesn't fall nicely over the next 24 hrs.. the chances of further climb look good, regardless of that, another price-shoot is possible before the weekend..
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  • #21,650
  • Jan 20, 2015 9:03am Jan 20, 2015 9:03am
trying shorts @ 1289 Sl 1293

peak out at 15 mins
  • #21,651
  • Jan 20, 2015 9:24am Jan 20, 2015 9:24am
Quoting msh310
trying shorts @ 1289 Sl 1293 peak out at 15 mins
I have shorts from 1290 (long oil and short EUR/USD)....though I think my trades may be premature.
"The market can remain irrational longer than you can remain solvent"
  • #21,652
  • Jan 20, 2015 9:29am Jan 20, 2015 9:29am
Quoting anton.olff
{quote} I have shorts from 1290 (long oil and short EUR/USD)....though I think my trades may be premature.
This could go sideways, IF it does so for a day or two.. further upside cannot be ruled out..
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  • #21,653
  • Jan 20, 2015 9:36am Jan 20, 2015 9:36am
After daily offensive with brk & hold 1256 , 1300 most likely test , actually 1346 & most critical for next steps\ more bull signals step by step (1391,1489, 1553) . now wkly \monthly also going offensive , limit probale dwn 1238 for next up for brk 1300\46 effectively. take care
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,654
  • Jan 20, 2015 9:38am Jan 20, 2015 9:38am
Quoting fontu
After daily offensive with brk & hold 1256 , 1300 most likely test , actually 1346 & most critical for next steps\ more bull signals step by step (1391,1489, 1553) . now wkly \monthly also going offensive , limit probale dwn 1238 for next up for brk 1300\46 effectively. take care fontu
I reduced my risk from short tests in the past hr. focusing on Crude..

This is just not working out right for me..
Hello World!
  • #21,655
  • Edited 10:12am Jan 20, 2015 10:00am | Edited 10:12am
Quoting ClockTrader
{quote} I reduced my risk from short tests in the past hr. focusing on Crude.. This is just not working out right for me..
likely , can't go with normal cuurency patterns . Just think about 2008 crushing majore curencies while investors extremely worried & go to gold crazy to the top, similar worries going on till majore currencies , even oil settle \ bounce back against usd , may take this year even for it & so majore currencies range at bottoms , usd at tops with gold too .
take care with such crushes . Still Hope they will be limited & go to test 1032 before finally UP bigger range .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,656
  • Jan 20, 2015 10:14am Jan 20, 2015 10:14am
Quoting fontu
{quote} likely , can't go with normal cuurency patterns . Just think about 2008 crushing majore curencies while investors extremely worried & go to gold crazy to the top, similar worries going on till majore currencies , even oil settle \ bounce back against usd , may take this year even for it & so majore currencies range at bottoms , usd at tops with gold too . take care with such crushes . Hope they will be limited . fontu
I very well remember 2008, due to crude :-)
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  • #21,657
  • Jan 20, 2015 10:36am Jan 20, 2015 10:36am
@ 1295, doesn't look like stopping.. or even holding to take breath..
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  • #21,658
  • Jan 20, 2015 10:39am Jan 20, 2015 10:39am
Quoting ClockTrader
@ 1295, doesn't look like stopping.. or even holding to take breath..
Price didnt thrust north after hitting new highs, maybe this is the time to look for test shorts
  • #21,659
  • Jan 20, 2015 10:44am Jan 20, 2015 10:44am
Quoting Audial
{quote} Price didnt thrust north after hitting new highs, maybe this is the time to look for test shorts
I know one needs to be technically crazy & audacious to buy at these levels.. BUT, remember that PA is always way more advance.. & works against our mindsets..

What appears remotely possible is what takes place.. IMO this shall continue to climb or maybe go sideways.. before weekend a major thrust into North should take place..

I would like to test shorts next week (after Mon)..
Hello World!
  • #21,660
  • Jan 20, 2015 10:45am Jan 20, 2015 10:45am
Quoting ClockTrader
{quote} I know one needs to be technically crazy & audacious to buy at these levels.. BUT, remember that PA is always way more advance.. & works against our mindsets.. What appears remotely possible is what takes place.. IMO this shall continue to climb or maybe go sideways.. before weekend a major thrust into North should take place.. I would like to test shorts next week (after Mon)..
1320 would be excellent level to short , 1296 was clearly the next stop after 1292.. then it's 1306ish 1311 and 1321
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