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  • #22,561
  • Feb 10, 2015 11:13pm Feb 10, 2015 11:13pm
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..

There seems to be a lot pending sell order at 1238, everytime price reach there, it meets with resistance.....
  • #22,562
  • Feb 10, 2015 11:53pm Feb 10, 2015 11:53pm
Quoting andySu
{quote} There seems to be a lot pending sell order at 1238, everytime price reach there, it meets with resistance.....
ok as 1238 broken & so pressure remain down for more correction > 1 leg towards 1200 & 1167 ( nothing any great for sellers here as after 1 leg to up again before final down if, not any confirmation it should down continue ) to correct up or impulse try up towards previous top 1346 test probable in can hold . now 1255 test also still remain intact option for any direct correct to lower leg to start. so below 1255 sellers should come up.
lets see if some correction or direct crush mode the market today.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,563
  • Feb 11, 2015 12:17am Feb 11, 2015 12:17am
Quoting fontu
{quote} ok as 1238 broken & so pressure remain down for more correction > 1 leg towards 1200 & 1167 ( nothing any great for sellers here as after 1 leg to up again before final down if, not any confirmation it should down continue ) to correct up or impulse try up towards previous top 1346 test probable in can hold . now 1255 test also still remain intact option for any direct correct to lower leg to start. so below 1255 sellers should come up. lets see if some correction or direct crush mode the market today. fontu {image} {image} {image}
@1238.05
The pace is quite bearish i will tend to think..
Will wait for London session for more conformation...
  • #22,564
  • Feb 11, 2015 1:27am Feb 11, 2015 1:27am
Quoting mikajap
{quote} 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 {image}
Scalps are good.. made a little, now on sidelines.. just not confident ..

Quoting andySu
{quote} There seems to be a lot pending sell order at 1238, everytime price reach there, it meets with resistance.....
My confidence level is low today.. sideways is confusing.. maybe a breakout throws light..
Hello World!
  • #22,565
  • Feb 11, 2015 1:34am Feb 11, 2015 1:34am
guess
copy this?
What event will make price break out? The Minsk negotiations?
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Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #22,566
  • Feb 11, 2015 1:37am Feb 11, 2015 1:37am
Quoting ClockTrader
{quote} Scalps are good.. made a little, now on sidelines.. just not confident .. {quote} My confidence level is low today.. sideways is confusing.. maybe a breakout throws light..
Dont you think that if price cannot even break 1238 in the next 1 hour, we may see it quickly drop to 1230?

If we guess the inability of price to reverse after 12 p,m NY yesterday is because there are a lot of pending sell order at 1238; then it makes sense...
Seeing from M15 chart, after 12 p.m, it touches 1238 twice, then quickly fall down. Today also....

What intriques me is this 1238 level... With eurozone problems lurking, Dow still manages to close +140 pt. There are however Fed's remark to hike rate in June.

Fundamentals aside, I think there may be a lot of Long SLs to be hunted to the downside. Maybe it is more profitable for marketmaker to move price downward? Just guess...
  • #22,567
  • Feb 11, 2015 1:41am Feb 11, 2015 1:41am
Quoting andySu
{quote} Dont you think that if price cannot even break 1238 in the next 1 hour, we may see it quickly drop to 1230? If we guess the inability of price to reverse after 12 p,m NY yesterday is because there are a lot of pending sell order at 1238; then it makes sense... Seeing from M15 chart, after 12 p.m, it touches 1238 twice, then quickly fall down. Today also.... What intriques me is this 1238 level... With eurozone problems lurking, Dow still manages to close +140 pt. There are however Fed's remark to hike rate in June. Fundamentals aside, I...

Or maybe a better strategy is wait till today is over... if 1238 cannot be broken even in NY session, we may have a short opportunity there....
  • #22,568
  • Feb 11, 2015 2:31am Feb 11, 2015 2:31am
Quoting andySu
{quote} Dont you think that if price cannot even break 1238 in the next 1 hour, we may see it quickly drop to 1230? If we guess the inability of price to reverse after 12 p,m NY yesterday is because there are a lot of pending sell order at 1238; then it makes sense... Seeing from M15 chart, after 12 p.m, it touches 1238 twice, then quickly fall down. Today also.... What intriques me is this 1238 level... With eurozone problems lurking, Dow still manages to close +140 pt. There are however Fed's remark to hike rate in June. Fundamentals aside, I...
> Dont you think that if price cannot even break 1238 in the next 1 hour, we may see it quickly drop to 1230?

----> Testing a short trade (scalp) with tight SL @ 1239, not sure how long it'll take to reach 1230, if it does so..

Needless to say, I'm trading light & safe!
Hello World!
  • #22,569
  • Feb 11, 2015 2:52am Feb 11, 2015 2:52am
Quoting ClockTrader
{quote} > Dont you think that if price cannot even break 1238 in the next 1 hour, we may see it quickly drop to 1230? ----> Testing a short trade (scalp) with tight SL @ 1239, not sure how long it'll take to reach 1230, if it does so.. Needless to say, I'm trading light & safe!
ok a small bo & price may again go 1232\30 or low break with very strong bearish pa only ,less than 15 min till H1 candle close to see if continue up 1245 + or 1228 again , prefer up now .Take care
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,570
  • Feb 11, 2015 2:52am Feb 11, 2015 2:52am
I haven't traded gold yet this year. But still keeping my miner's eye on it. My first projection is for it to hit 1221.34 and if it going strong to that level then my next target would be 1187.66.

Is anyone here coming up with the same numbers?

By the way I am looking at the daily time frame for that.
Luck has no place in trading. Leave that for the poker table.
  • #22,571
  • Feb 11, 2015 3:19am Feb 11, 2015 3:19am
Quoting fontu
{quote} ok a small bo & price may again go 1232\30 or low break with very strong bearish pa only ,less than 15 min till H1 candle close to see if continue up 1245 + or 1228 again , prefer up now .Take care fontu {image}
Now can only wait and see till NY opens
  • #22,572
  • Feb 11, 2015 3:39am Feb 11, 2015 3:39am
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..
ikr,just tried to learn sth out no need to get angry abt that dude.
  • #22,573
  • Feb 11, 2015 5:33am Feb 11, 2015 5:33am
Quoting Pair-me-up
I haven't traded gold yet this year. But still keeping my miner's eye on it. My first projection is for it to hit 1221.34 and if it going strong to that level then my next target would be 1187.66. Is anyone here coming up with the same numbers? By the way I am looking at the daily time frame for that.
D1 Ichimoku, the bottom of the kumo cloud is sitting at 1185.90, lowest resistance level. This equates to 0% on Fibonacci if I am reading correct.

I am not saying we will get that low, but I can see it and get where you are coming from..
A genius is born every minute, me I am lucky if my socks match.
  • #22,574
  • Feb 11, 2015 6:16am Feb 11, 2015 6:16am
Quoting whackdiddy
{quote} D1 Ichimoku, the bottom of the kumo cloud is sitting at 1185.90, lowest resistance level. This equates to 0% on Fibonacci if I am reading correct. I am not saying we will get that low, but I can see it and get where you are coming from..
Luck has no place in trading. Leave that for the poker table.
  • #22,575
  • Feb 11, 2015 6:48am Feb 11, 2015 6:48am
Quoting fontu
{quote} ok a small bo & price may again go 1232\30 or low break with very strong bearish pa only ,less than 15 min till H1 candle close to see if continue up 1245 + or 1228 again , prefer up now .Take care fontu {image}
I moved the SL to 1244 (now buy stop).. IF this flies higher after breaking out beyond 1245.. I would like to sell around a peak-out, prefer 12pm NY..
Hello World!
  • #22,576
  • Feb 11, 2015 7:17am Feb 11, 2015 7:17am
hello CT how Are u?? I M Still long i Did not close My long now it is in -4,000$
  • #22,577
  • Feb 11, 2015 7:29am Feb 11, 2015 7:29am
Quoting qaiser4u007
hello CT how Are u?? I M Still long i Did not close My long now it is in -4,000$
I'm good mate.. how about u?

Is this real or demo? What makes you think it'll climb higher?

I just hope its a small amount for you.
Hello World!
  • #22,578
  • Feb 11, 2015 7:42am Feb 11, 2015 7:42am
Quoting ClockTrader
{quote} I'm good mate.. how about u? Is this real or demo? What makes you think it'll climb higher? I just hope its a small amount for you.
CT... Do you think there is any possiblity we see a selloff today? Just feel strange with PA..?
  • #22,579
  • Feb 11, 2015 7:43am Feb 11, 2015 7:43am
Quoting ClockTrader
{quote} I moved the SL to 1244 (now buy stop).. IF this flies higher after breaking out beyond 1245.. I would like to sell around a peak-out, prefer 12pm NY..
@ 1232

I'll take profit here..
Hello World!
  • #22,580
  • Feb 11, 2015 7:46am Feb 11, 2015 7:46am
Gold and silver are synchro now, this time maybe will break down
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
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