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  • #22,541
  • Feb 10, 2015 10:48am Feb 10, 2015 10:48am
hey all have any 1 seen sth like this before ? know what it may mean?? and why it formed like this ??
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  • #22,542
  • Feb 10, 2015 10:50am Feb 10, 2015 10:50am
Quoting ClockTrader
{quote} @ 1236-38 So, here we are sitting on a peak.. PS: I rode bears nicely today.. this will reflect in my weekly report. Last report: http://www.goldguru.in/reports/archi...eb-07-2015.htm
WELL MATE you so brave to set as bear and i think you got a point, but i am waiting a bull after all under pressure and tp @ 1263
at least one of us is right ,good luck
Let me fill my acount wallet then will take Ur advice
  • #22,543
  • Feb 10, 2015 10:52am Feb 10, 2015 10:52am
Quoting E3a
hey all have any 1 seen sth like this before ? know what it may mean?? and why it formed like this ?? {image}
guess its hammer man
Let me fill my acount wallet then will take Ur advice
  • #22,544
  • Feb 10, 2015 10:55am Feb 10, 2015 10:55am
Quoting rafat habeb
{quote} guess its hammer man
check da vol man
  • #22,545
  • Feb 10, 2015 10:59am Feb 10, 2015 10:59am
i am sure this been taken during high impact news or at middel on day cuz seems markets been acting strongly and yes i see a dark shdow ,hammer ,dark cloud= bear
Let me fill my acount wallet then will take Ur advice
  • #22,546
  • Feb 10, 2015 11:07am Feb 10, 2015 11:07am
Quoting anton.olff
The Fed's Lacker comments could push gold down....but Greece & Ukraine lurk in the backround. http://www.cnbc.com/id/102376546
totaly agree with you mate, but this time Eur is hitting gold down too and heavly
Let me fill my acount wallet then will take Ur advice
  • #22,547
  • Feb 10, 2015 11:19am Feb 10, 2015 11:19am
Quoting rafat habeb
i am sure this been taken during high impact news or at middle on day cuz seems markets been acting strongly and yes i see a dark shdow ,hammer ,dark cloud= bear
i took that from eurogbp H1 and its 4 da last few hrs , as u can see the similar made on eurousd H1 . its not long ive started learning VSA but wasnt white color meant bearish?? so why u see a big shadow on north ??
  • #22,548
  • Feb 10, 2015 11:34am Feb 10, 2015 11:34am
Quoting E3a
{quote} i took that from eurogbp H1 and its 4 da last few hrs , as u can see the similar made on eurousd H1 . its not long ive started learning VSA but wasnt white color meant bearish?? so why u see a big shadow on north ??
mate , i am not intrested what it was for but i answered the question you asked and i studied Candlesticks and all i saw is a bear indi, i am not saying i am right and not saying anything else, but i am sure i know how to trade with candlesticks and no bad things meant i was trying to help,anyway i am so sorry..
Let me fill my acount wallet then will take Ur advice
  • #22,549
  • Feb 10, 2015 12:20pm Feb 10, 2015 12:20pm
Quoting rafat habeb
{quote} mate , i am not intrested what it was for but i answered the question you asked and i studied Candlesticks and all i saw is a bear indi, i am not saying i am right and not saying anything else, but i am sure i know how to trade with candlesticks and no bad things meant i was trying to help,anyway i am so sorry..
hahahah I love your answer hahhahhah
Mining gold
  • #22,550
  • Feb 10, 2015 1:17pm Feb 10, 2015 1:17pm
One for scalp and one for up up and away

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  • #22,551
  • Feb 10, 2015 3:07pm Feb 10, 2015 3:07pm
You can make that bat pattern with any design your mind wants to make depending on your trade...I wouldn't try to make money from using that.
  • #22,552
  • Feb 10, 2015 6:05pm Feb 10, 2015 6:05pm
Quoting rafat habeb
{quote} WELL MATE you so brave to set as bear and i think you got a point, but i am waiting a bull after all under pressure and tp @ 1263 at least one of us is right ,good luck
I wasn't that wrong, 1236-38 was a peak... :-0

Awaiting Asian session to play out.... fingers crossed..
Hello World!
  • #22,553
  • Feb 10, 2015 6:06pm Feb 10, 2015 6:06pm
Quoting Stockman
You can make that bat pattern with any design your mind wants to make depending on your trade...I wouldn't try to make money from using that.
I couldn't agree more..
Hello World!
  • #22,554
  • Edited 6:25pm Feb 10, 2015 6:14pm | Edited 6:25pm
Quoting ClockTrader
{quote} I wasn't that wrong, 1236-38 was a peak... :-0 Awaiting Asian session to play out.... fingers crossed..

So there is a possibility of a retest of yesterday high?
After yesterday test of support, it seems that the low holds, now the question remains whether the high will hold too ...?
  • #22,555
  • Feb 10, 2015 8:51pm Feb 10, 2015 8:51pm
Quoting andySu
{quote} So there is a possibility of a retest of yesterday high? After yesterday test of support, it seems that the low holds, now the question remains whether the high will hold too ...?
Test of 1240-45 is possible & that is where I think price should peak-out.. during current Asian session..

Use any indi.. to check volatility on M15 to pin point a peak for a test..
Hello World!
  • #22,556
  • Feb 10, 2015 9:33pm Feb 10, 2015 9:33pm
Hi Guys. We've been expecting for quite a while about the Fed raising rates. I'm a newbie in FX so I don't know how it will affect USD. will it strengthen USD? How? I've also been reading about Greece' exit in Euro zone. May I ask what and how will it affect EUR/USD? I apologize for such a newbie question. TIA for those who will answer.=)
  • #22,557
  • Feb 10, 2015 10:45pm Feb 10, 2015 10:45pm
Quoting ClockTrader
{quote} I wasn't that wrong, 1236-38 was a peak... :-0 Awaiting Asian session to play out.... fingers crossed..
Reaction is better than Prediction
  • #22,558
  • Feb 10, 2015 10:53pm Feb 10, 2015 10:53pm
Quoting ClockTrader
{quote} Test of 1240-45 is possible & that is where I think price should peak-out.. during current Asian session.. Use any indi.. to check volatility on M15 to pin point a peak for a test..
I'll wait for PA to test 1240-45 again..
Hello World!
  • #22,559
  • Feb 10, 2015 10:58pm Feb 10, 2015 10:58pm
Quoting mikajap
{quote} bullish or bearish i think scalps are ideal. i think gold will just dance around this area for a while
so far price is dancing around the consolidation area. so scalps are ideal for me until the breakout.

1240 area could be a possible short
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Reaction is better than Prediction
  • #22,560
  • Feb 10, 2015 11:01pm Feb 10, 2015 11:01pm
Quoting Stockman
You can make that bat pattern with any design your mind wants to make depending on your trade...I wouldn't try to make money from using that.
Harmonic patterns are usually fairly useless unless you confirm them with something else. In this case a mtf fib zone, working pitchfork and m30 emerging tl. To each his own. . . . .

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