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  • #22,441
  • Feb 6, 2015 8:10am Feb 6, 2015 8:10am
Ah this is why I hate watching charts too much and day trading... at 1285 i was convinced we would see 1240 soon. Commercials were right again, shocker. Think 1237-1238 should support now. Possibly not though.
  • #22,442
  • Feb 6, 2015 8:24am Feb 6, 2015 8:24am
I sucked it up and took the losses, reversed my trades...and shorted gold and eur/usd. I've made about half of my losses back, and it looks like the jobs numbers and revisions could move markets huge today
"The market can remain irrational longer than you can remain solvent"
  • #22,443
  • Feb 6, 2015 8:43am Feb 6, 2015 8:43am
gold looks strong here 1240 .....
  • #22,444
  • Feb 6, 2015 8:47am Feb 6, 2015 8:47am
im bearish but closing all my trade.

currently price in consolidation area, i expect this to have some bullish reaction

possibly thinking of long

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Reaction is better than Prediction
  • #22,445
  • Feb 6, 2015 8:47am Feb 6, 2015 8:47am
Quoting sniperdebt
{quote} {quote} {quote} ssaqeel,JaleesHacker,fontu agreed with you guys. US GDP weaker pushed gold price to 1283.23 last friday, maybe after NFP report, gold direction more clear. {image}

thanks to NFP... happy green pips to all
  • #22,446
  • Feb 6, 2015 8:48am Feb 6, 2015 8:48am
May consider going long... Greek meetings next week will spur things on again.
  • #22,447
  • Feb 6, 2015 9:16am Feb 6, 2015 9:16am
Below 1235, it may continue drop to 1180
P.S. Trade with the discipline of Money Management and Risk Management.
  • #22,448
  • Feb 6, 2015 9:18am Feb 6, 2015 9:18am
Quoting PariCovek
May consider going long... Greek meetings next week will spur things on again.
next week something might setup.

i will wait for possible reaction on these zones and maybe go long

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Happy Weekend Bears
Reaction is better than Prediction
  • #22,449
  • Feb 6, 2015 9:29am Feb 6, 2015 9:29am
Quoting mikajap
im bearish but closing all my trade. currently price in consolidation area, i expect this to have some bullish reaction possibly thinking of long {image}

Accurate short position! I plan to add short position today too, but can't get a clear signal to do it, missed this fall.
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #22,450
  • Feb 6, 2015 9:41am Feb 6, 2015 9:41am
The blue bars are drawn at 12pm NY EST..

As visible price has tendency to turn around at this time.. IF NOT, it shows clear respect to this key hr.

We are sitting on a bounce area, BUT, today is Friday.. Support seems coming good..

Next few hrs could be tested for longs.. who wish to..
Attached Image (click to enlarge)
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Hello World!
  • #22,451
  • Feb 6, 2015 9:53am Feb 6, 2015 9:53am
i m watching PA and planning to get on to the long side if the channel and support holds at 122x
https://www.tradingview.com/v/FmtvbDQj/

a. Channel
b. Support
c. ABCD completion


hi CT how r u doing
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  • #22,452
  • Feb 6, 2015 9:58am Feb 6, 2015 9:58am
I think its almost bottom now. 1230 should be the lowest point for today
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  • #22,453
  • Feb 6, 2015 10:00am Feb 6, 2015 10:00am
Quoting mikajap
im bearish but closing all my trade. currently price in consolidation area, i expect this to have some bullish reaction possibly thinking of long {image}
Hi. I'm new member in forexfactory and new on this thread.
I see a good short there. My question: in which candle exactly you put your short? Did you or did you not put a TP at the time you entry short? Thanx
Sorry for my bad english
  • #22,454
  • Feb 6, 2015 10:05am Feb 6, 2015 10:05am
Quoting ssaqeel
i m watching PA and planning to get on to the long side if the channel and support holds at 122x https://www.tradingview.com/v/FmtvbDQj/ a. Channel b. Support c. ABCD completion hi CT how r u doing {image}
I'm good mate.. how about u?

Nice to see you around :-)
Hello World!
  • #22,455
  • Feb 6, 2015 10:05am Feb 6, 2015 10:05am
Quoting abm
I think its almost bottom now. 1230 should be the lowest point for today {image}
I would suggest wait until 12pm NY
Hello World!
  • #22,456
  • Feb 6, 2015 10:13am Feb 6, 2015 10:13am
i m good thanks . yeah i would also wait till 12pm EST to get on to the ride up.


Quoting ClockTrader
{quote} I'm good mate.. how about u? Nice to see you around :-)
  • #22,457
  • Feb 6, 2015 10:15am Feb 6, 2015 10:15am
Think we've bottomed out for a while. I'm long.
  • #22,458
  • Feb 6, 2015 10:18am Feb 6, 2015 10:18am
Quoting Ck87
Think we've bottomed out for a while. I'm long.
I'd wait for sure. 40 dollars fall today, and usually the next 2 hours are busy. Better wait for some buyers first
COT: The precious data ignored
  • #22,459
  • Feb 6, 2015 10:22am Feb 6, 2015 10:22am
Quoting kuroro001
{quote} I'd wait for sure. 40 dollars fall today, and usually the next 2 hours are busy. Better wait for some buyers first
we're here
  • #22,460
  • Feb 6, 2015 10:23am Feb 6, 2015 10:23am
Quoting ssaqeel
i m good thanks . yeah i would also wait till 12pm EST to get on to the ride up. {quote}
Almost 12pm NY, looks like we are there..
Hello World!
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