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Only Gold!

  • #21,861
  • Jan 23, 2015 4:58am Jan 23, 2015 4:58am
Quoting PariCovek
{quote} I agree. Today could be the game changer with Gold.
Im still bullish overall long term. But I see it will retrace few days and then back up on the horse and up.
  • #21,862
  • Jan 23, 2015 5:25am Jan 23, 2015 5:25am
Think we should see 1285 a bit later.
  • #21,863
  • Jan 23, 2015 7:26am Jan 23, 2015 7:26am
IMHO if gold breaks 1311 today then its going towards higher side otherwise its going down.
  • #21,864
  • Jan 23, 2015 7:48am Jan 23, 2015 7:48am
Amazing... simply amazing... how gold moves sideways today... Perhaps fatigue is one of market marker weapon to catch people off guard ?
  • #21,865
  • Jan 23, 2015 7:53am Jan 23, 2015 7:53am
Quoting andySu
Amazing... simply amazing... how gold moves sideways today... Perhaps fatigue is one of market marker weapon to catch people off guard ?
There is some serious USD strength to contend with so IMO the fact that gold isn't even dropping shows good bullish strength.
Anything can happen.
  • #21,866
  • Jan 23, 2015 8:03am Jan 23, 2015 8:03am
Was very surprised that gold didn't go up on NY open
  • #21,867
  • Jan 23, 2015 8:08am Jan 23, 2015 8:08am
good day CT, good day all, I am a new visitor in this Forum,I am glad to see you all.
trading psychology n discipline
  • #21,868
  • Jan 23, 2015 8:48am Jan 23, 2015 8:48am
Whole move from the lows is bearish IMO,,, but possibly still needs to move another 50 pips higher to 1.13 or around there...
  • #21,869
  • Jan 23, 2015 9:01am Jan 23, 2015 9:01am
Quoting PariCovek
Was very surprised that gold didn't go up on NY open
IF Gold had shot in the first half session.. price could have peaked out 12 pm NY thus limiting the upside as Americans + other world would have gone long in shitloads..

Now.. on the other side.. IF price can bottom out around 1288-90 area at about 1200-1300 NY EST
The chance of price-shoot would look good.. in the 2nd half of US session.. my view may sound a little bizarre, but its based on current VSA patterns on M15 & key hrs.. and even from my notion its a very remote but technically possible view

On the contrary.. IF support in the 1985-80 range breaks.. that would be beyond what I can see right now..

We got expiry coming.. this needs to climb fast if it wants to & then fall fast next week..

Trade Light & Safe!
Hello World!
  • #21,870
  • Jan 23, 2015 9:03am Jan 23, 2015 9:03am
Dropping to 1285 like puling teeth with this thing...... Very clear bearish momentum on H1-H4. let's see if it manifests into a 1285 drop like I thought... hmmm.
  • #21,871
  • Jan 23, 2015 9:07am Jan 23, 2015 9:07am
We are in the middle of a range & I see shit loads of SLs developing..

Plz share your guess.. which ones shall be hit first & which ones later?

Thanks for your contribution..

PS: Its all about hitting SLs fellas.. wait for 12 pm NY EST to see what comes first
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Hello World!
  • #21,872
  • Jan 23, 2015 9:08am Jan 23, 2015 9:08am
On sidelines till after Greek election.
"The market can remain irrational longer than you can remain solvent"
  • #21,873
  • Jan 23, 2015 9:11am Jan 23, 2015 9:11am
Quoting ClockTrader
We are in the middle of a range & I see shit loads of SLs developing.. Plz share your guess.. which ones shall be hit first & which ones later? Thanks for your contribution.. PS: Its all about hitting SLs fellas.. wait for 12 pm NY EST to see what comes first {image}
Momentum shows me minimum of 1285 possibly under 1280, 1273 is possible,,, we'll see. Edit: TP hit....... thing can fall to 1272 for sure though.. But I hit my target and i'm not greedy...
  • #21,874
  • Jan 23, 2015 9:18am Jan 23, 2015 9:18am
Quoting Ck87
{quote} Momentum shows me minimum of 1285 possibly under 1280, 1273 is possible,,, we'll see. Edit: TP hit....... thing cant all to 1272 for sure though.. But I hit my target and i'm not greedy...
Glad you made money mate! I would like to wait until 12 pm NY EST.. to see where this possibly ends..

Hello World!
  • #21,875
  • Jan 23, 2015 9:51am Jan 23, 2015 9:51am
Quoting ClockTrader
{quote} Glad you made money mate! I would like to wait until 12 pm NY EST.. to see where this possibly ends..
Thanks, still think it's very possible we've topped out on this bull run... But there will be plenty of opportunities if so no need to rush
  • #21,876
  • Jan 23, 2015 10:55am Jan 23, 2015 10:55am
Quoting Ck87
{quote} Thanks, still think it's very possible we've topped out on this bull run... But there will be plenty of opportunities if so no need to rush
I'll watch the price for another hr for clue.. if any.. can't figure out anything right now..

would like to watch & sit on sidelines..
Hello World!
  • #21,877
  • Jan 23, 2015 11:23am Jan 23, 2015 11:23am
For Long positions for next couple of days:
Syriza or Golden Dawn elected in Greece; the latter unlikely.

For Short positions:
Current Party elected.
  • #21,878
  • Jan 23, 2015 11:37am Jan 23, 2015 11:37am
Quoting ClockTrader
{quote} I'll watch the price for another hr for clue.. if any.. can't figure out anything right now.. would like to watch & sit on sidelines..
I think the support in the 1280-85 shall sustain.. IF I'm right, I would be glad to see price shooting higher than 1300.. IF so, I would like to short from the peak-out..

Until I see a nice peak.. I'll watch the show..
Hello World!
  • #21,879
  • Jan 23, 2015 11:42am Jan 23, 2015 11:42am
Quoting ClockTrader
{quote} I think the support in the 1280-85 shall sustain.. IF I'm right, I would be glad to see price shooting higher than 1300.. IF so, I would like to short from the peak-out.. Until I see a nice peak.. I'll watch the show..
I got my eye on it too... Wouldn't mind taking a short on a peak.
  • #21,880
  • Jan 23, 2015 2:22pm Jan 23, 2015 2:22pm
Quoting berda
Hi All... Will it go down???? I'm holding 2 sells.. {image}
Glad 1 sell done.. I'll left 1 more sell for next week, targeting 1274.96.. Next week will be up and down IMO.. Careful guys.. See you next week.. Have a nice weekend & green pips to all. amen..
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