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Only Gold!

  • #22,281
  • Feb 2, 2015 7:10am Feb 2, 2015 7:10am
Quoting mikajap
{quote} hey, thanks hope to make some pips, no signs of buying yet
Here is my view.. light test only.. would like to short from a peak (hedge later)

Buy Limit @ 1267-70

SL @ 1262
Hello World!
  • #22,282
  • Feb 2, 2015 7:27am Feb 2, 2015 7:27am
Quoting ClockTrader
{quote} Here is my view.. light test only.. would like to short from a peak (hedge later) Buy Limit @ 1267-70 SL @ 1262
Att.. chart is the reason I sought a long** call..

Long..** edit
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  • #22,283
  • Feb 2, 2015 7:27am Feb 2, 2015 7:27am
Quoting ClockTrader
{quote} Att.. chart is the reason I sought a short call..
​​
Risk Disclaimer

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all traders/investors. Past performance is not indicative of future results, for eg: Golden Seasons. The high degree of leverage can work against you as well as for you. You can lose all the money you have invested.

Use your MM and trade at your own risk.

PS: Light & test only.
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  • #22,284
  • Feb 2, 2015 8:09am Feb 2, 2015 8:09am
Quoting ClockTrader
{quote} Here is my view.. light test only.. would like to short from a peak (hedge later) Buy Limit @ 1267-70 SL @ 1262
ok thanks,

this is my view.

currently im short,
so far gold it bearish

if i look into M15, i see a possible consolidation zone in which price can decide either way. The zone is 1266 to 1262.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB


If price breaks 1262 strong close, i will target a new low

back to H1
Attached Image (click to enlarge)
Click to Enlarge Name: Image3.png Size: 24 KB
Reaction is better than Prediction
  • #22,285
  • Feb 2, 2015 8:18am Feb 2, 2015 8:18am
Quoting berda
{quote} Hi All, I'm short on H1 at 1276.74 targeting 1268.67. Trying to get some pips from this correction. Green pips to all.. amen.. {image}
Done with my short.. Time to sleep..
Good luck guys.. Green pips to all.. amen..
  • #22,286
  • Feb 2, 2015 8:28am Feb 2, 2015 8:28am
Hmm might have bottomed for the day.. Still trying to stick with a bigger move here and not intraday plays.
  • #22,287
  • Feb 2, 2015 8:28am Feb 2, 2015 8:28am
Quoting berda
{quote} Done with my short.. Time to sleep.. Good luck guys.. Green pips to all.. amen..
Sleep tight mate!
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  • #22,288
  • Feb 2, 2015 8:29am Feb 2, 2015 8:29am
Quoting Ck87
Hmm might have bottomed for the day.. Still trying to stick with a bigger move here and not intraday plays.
Bigger moves are very hard to catch these days! Wish you luck mate!
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  • #22,289
  • Feb 2, 2015 8:30am Feb 2, 2015 8:30am
I still seek a peak.. will give up IF I don't get it by 12 pm NY!
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  • #22,290
  • Edited 8:46am Feb 2, 2015 8:31am | Edited 8:46am
Quoting ClockTrader
{quote} I meant, no entry, no SL / TP
May be within this year go up & down near bottom if all ok , that is , if break levels as thought & see.
Actually I do not give any signal & nobody should take also , every should have his own style & risk managements, so just analysis & trade goes here & there within levels if got time to watch.now if breaks 1266.51 ( it was a level to jump immediately & though take long around) ,Already I see then may go low 1252 to 1238 limit & hence no trade . here also scalping long be ok even brks limit towards previous top 1284 before next probable leg down towards 38 ( immediate & direct to it is llimit 1274.89\1270.54) .may take long below to see for 1307/46/ ... 1500 or so.in that sl will be just below 1238 .
Thanks , fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,291
  • Feb 2, 2015 8:31am Feb 2, 2015 8:31am
Quoting ClockTrader
{quote} Bigger moves are very hard to catch these days! Wish you luck mate!
Too true. Thank you.
  • #22,292
  • Feb 2, 2015 8:32am Feb 2, 2015 8:32am
Quoting mikajap
{quote} ok thanks, this is my view. currently im short, so far gold it bearish if i look into M15, i see a possible consolidation zone in which price can decide either way. The zone is 1266 to 1262. {image} If price breaks 1262 strong close, i will target a new low back to H1 {image}
Your position is so much in line with these SMAs

111 & 303

Wish you luck mate!
Attached Image (click to enlarge)
Click to Enlarge Name: ss1.PNG Size: 21 KB
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  • #22,293
  • Feb 2, 2015 9:02am Feb 2, 2015 9:02am
Quoting Ck87
Hmm might have bottomed for the day.. Still trying to stick with a bigger move here and not intraday plays.
looks like it reacted to 1266. a good spot.
Reaction is better than Prediction
  • #22,294
  • Feb 2, 2015 9:07am Feb 2, 2015 9:07am
Quoting mikajap
{quote} looks like it reacted to 1266. a good spot.
Personally I didn't see the significance of that level, but I did see H1 momentum oversold.
US mkt being under pressure is helping gold, not sure how much longer that will continue though. Skeptical.
  • #22,295
  • Feb 2, 2015 9:14am Feb 2, 2015 9:14am
Gold is more weak than other(Silver, Oil, Jpy) for economical data today, if it will go up sooner or will fall more later?
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #22,296
  • Feb 2, 2015 9:17am Feb 2, 2015 9:17am
Quoting hyt-tony
Gold is more weak than other(Silver, Oil, Jpy) for economical data today, if it will go up sooner or will fall more later?
US economy is not being able to stabilized properly and that is affecting gold positively.I will see a bullish trend from now onward and having some long position.Finger Crossed
  • #22,297
  • Feb 2, 2015 9:21am Feb 2, 2015 9:21am
Quoting ClockTrader
{quote} Your position is so much in line with these SMAs 111 & 303 Wish you luck mate! {image}
Done trading oil? Huge up move since friday, do not see it lasting.
  • #22,298
  • Feb 2, 2015 9:29am Feb 2, 2015 9:29am
Quoting Ck87
{quote} Done trading oil? Huge up move since friday, do not see it lasting.
me? I don't trade oil or silver, just watch it as proof
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #22,299
  • Feb 2, 2015 9:32am Feb 2, 2015 9:32am
target achieved (closed at 1267) on BAT short . Will wait for the AU rate release for the next trade. It looks like AU going to cut the rate.

Quoting ssaqeel
this is what i see on gold . On hourly it may retrace 1271-1261 before continuing its upward journey. {image} {image}
  • #22,300
  • Feb 2, 2015 9:55am Feb 2, 2015 9:55am
Quoting ClockTrader
I still seek a peak.. will give up IF I don't get it by 12 pm NY!
took tiny profit.. done for now.. will try to grab a peak if I can tomorrow.. too late here..

12 pm NY should leave some clues..
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