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  • #21,741
  • Jan 21, 2015 10:15am Jan 21, 2015 10:15am
Waiting for a retracement lower towards the 1291 support level, in order to reinstate LONG positions.
  • #21,742
  • Jan 21, 2015 10:15am Jan 21, 2015 10:15am
Quoting TriLLi
{quote} If someone is saying always "NO" to something you can predict that next time he/she will say "NO"
  • #21,743
  • Jan 21, 2015 10:23am Jan 21, 2015 10:23am
Added more longs at 1288.

1277 is my key support for SL on longs before validating a down move in the mid term.
To live a successful life, we must lose our fear of being wrong
  • #21,744
  • Jan 21, 2015 10:24am Jan 21, 2015 10:24am
I strongly don't recommend prediction for trading, that will make you have bias on your decisions. Just follow the chart using your own indicators, that's the way for you to survive in trading. A good trader does not need to be good at prediction, he just need to be good at managing his portfolio.
  • #21,745
  • Jan 21, 2015 10:26am Jan 21, 2015 10:26am
Quoting berda
{quote} Hi CT, I've already short at 1289.90, targeting 1274.84.. I think it's gonna retrace first before goes down lower IMO. So I think you're right CT, will be still a little long.. Good luck mate.. It's my time to go to sleep.. I'll see what happen tomorrow.. Green pips to you and all.. amen.. {image}
Late night here.. need some rest.. will try to catch up a move my early morning..
Hello World!
  • #21,746
  • Jan 21, 2015 10:27am Jan 21, 2015 10:27am
1284 was yesterdays support which today has been touched a breached but held. If this is cleanly taken out then intraday longs could need some time to regain strength.
To live a successful life, we must lose our fear of being wrong
  • #21,747
  • Jan 21, 2015 10:38am Jan 21, 2015 10:38am
Quoting TriLLi
{quote} If someone is saying always "NO" to something you can predict that next time he/she will say "NO"
Its called Holy Grail, you might wanna Google what it means..

Even if I can perfect 50% of what I have learnt by far that would be sufficient......

My time to crash..
Hello World!
  • #21,748
  • Edited 12:25pm Jan 21, 2015 11:53am | Edited 12:25pm
Quoting TriLLi
{quote} If someone is saying always "NO" to something you can predict that next time he/she will say "NO"
Yes and people were doing that since the beginning of trading it's not something new but it's these times when we get yes instead of no that get us caught off guard
  • #21,749
  • Jan 21, 2015 1:05pm Jan 21, 2015 1:05pm
tomorrow ECB is going to perform its best act. becarefull for the interest rate spike that sometimes accur during ECB decisions. the press conference will be tough thou. i dont know about their options but it will surely affect gold markets
  • #21,750
  • Jan 21, 2015 6:09pm Jan 21, 2015 6:09pm
Think they will destroy gold tomorrow. It looks Toppy to me. Not to mention silver's pin bar @ 200 EMA. We'll see.
  • #21,751
  • Jan 21, 2015 7:00pm Jan 21, 2015 7:00pm
Doji is formed on daily chart. Please beware of incoming retrace if today daily candle is closed below the doji.
  • #21,752
  • Jan 21, 2015 7:01pm Jan 21, 2015 7:01pm
@ 1291, testing longs..
Hello World!
  • #21,753
  • Jan 21, 2015 8:23pm Jan 21, 2015 8:23pm
Quoting ClockTrader
@ 1291, testing longs..
IMO better to see how Asian session till europe opens to decide. If no demand at lower price levels, some transfer of ownership from strong to weak holder may be taking place. Also will be very careful to trade today due to ECB QE decision. Today may see price spikes which can take out SL on either side. Maybe we can anticipate how big players or market markers attempt to use today event to hunt SL..
  • #21,754
  • Jan 21, 2015 9:44pm Jan 21, 2015 9:44pm
Quoting andySu
{quote} IMO better to see how Asian session till europe opens to decide. If no demand at lower price levels, some transfer of ownership from strong to weak holder may be taking place. Also will be very careful to trade today due to ECB QE decision. Today may see price spikes which can take out SL on either side. Maybe we can anticipate how big players or market markers attempt to use today event to hunt SL..
I'm working on something (researching), need to test the code.. and yea.. even I'm keenly awaiting to see how Asian & Euro session play out..

NY morning should have clear clues.. expecting rocking action tomorrow.. Today's US news may take effect in the next Asian/Euro session..
Hello World!
  • #21,755
  • Jan 21, 2015 10:52pm Jan 21, 2015 10:52pm
Quoting ClockTrader
@ 1291, testing longs..
Hi CT, I also long at 1292.56 TP 1293.44, trying to get some profit from the retrace. But of course I'm still holding my short for bigger target..
Green pips to you and all.. amen..
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  • #21,756
  • Jan 21, 2015 10:59pm Jan 21, 2015 10:59pm
Quoting berda
{quote} Hi CT, I also long at 1292.56 TP 1293.44, trying to get some profit from the retrace. But of course I'm still holding my short for bigger target.. Green pips to you and all.. amen.. {image}
Its @ 1293 :-)

You made it once again..
Hello World!
  • #21,757
  • Jan 21, 2015 11:27pm Jan 21, 2015 11:27pm
Quoting ClockTrader
@ 1291, testing longs..
I'll use a tight test SL @ 1288, just in case bears are hungry..
Hello World!
  • #21,758
  • Jan 22, 2015 12:11am Jan 22, 2015 12:11am
Quoting ClockTrader
{quote} I'll use a tight test SL @ 1288, just in case bears are hungry..
@ 1290, closed the trade.. doesn't look good..
Hello World!
  • #21,759
  • Jan 22, 2015 12:22am Jan 22, 2015 12:22am
Quoting ClockTrader
{quote} @ 1290, closed the trade.. doesn't look good..
Took a $1 loss x weight..
Hello World!
  • #21,760
  • Jan 22, 2015 12:22am Jan 22, 2015 12:22am
Wonder if SLs can be hunted, test short @1287.85 TP : 1281.75
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