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Only Gold!

  • #22,781
  • Feb 13, 2015 7:39am Feb 13, 2015 7:39am
Quoting andySu
{quote} Okie... we hit a resistance of SMA 303... Right now i can't tell who is going to win, upside or downside. But I do know that a lot of people will be shorting 1227 region, just like you CT The next few M15 candle will reveal ....
My SL just got hit!
Hello World!
  • #22,782
  • Feb 13, 2015 7:45am Feb 13, 2015 7:45am
Seems like Gold hit a resistance around 1230/1 ~ 1233, also stopping at it's daily range.
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The only winner is the one who survive the longest...
  • #22,783
  • Feb 13, 2015 7:46am Feb 13, 2015 7:46am
Quoting ClockTrader
{quote} Yes exactly mate.. Lets wait & watch... More transparency within an hr or two.. fingers crossed.. Nobody is perfect in Forex.. Correct me if I'm wrong..
You have been quite a motivator CT... I have been learning a lot from you..

But I dont like to rely on MA with numbers... and rather watch price reveal itself in the form of support and resistance. I am still inexperienced and am still perfecting it, but i believe this art of reading the market is a better training to make us a better trader... And of course, correct me if i am wrong too ...
  • #22,784
  • Feb 13, 2015 7:48am Feb 13, 2015 7:48am
Quoting kinspk
Seems like Gold hit a resistance around 1230/1 ~ 1233, also stopping at it's daily range. {image}

too early to tell...
  • #22,785
  • Feb 13, 2015 7:48am Feb 13, 2015 7:48am
Quoting ClockTrader
{quote} My SL just got hit!
mate, u r not alone
Mining gold
  • #22,786
  • Feb 13, 2015 7:49am Feb 13, 2015 7:49am
Quoting ClockTrader
{quote} My SL just got hit!

Keeps eye open... Money making opportunities may sit just around the corner...
  • #22,787
  • Feb 13, 2015 7:51am Feb 13, 2015 7:51am
Quoting andySu
{quote} too early to tell...
Bro, what is a good time to tell?
The only winner is the one who survive the longest...
  • #22,788
  • Feb 13, 2015 7:53am Feb 13, 2015 7:53am
Quoting kinspk
Seems like Gold hit a resistance around 1230/1 ~ 1233, also stopping at it's daily range. {image}
My view is short.. I should have had patience.. timing error....
Hello World!
  • #22,789
  • Feb 13, 2015 7:55am Feb 13, 2015 7:55am
Quoting kinspk
{quote} Bro, what is a good time to tell?
I just think there are more SLs to be hunted to the upside. If price can touch 1232 or 1233 we may see 1235.. but it is always wise to take whatever profit we have already made..
  • #22,790
  • Feb 13, 2015 7:57am Feb 13, 2015 7:57am
Silver spiked, does gold usually follow?
Elliott Wave for optimum entry, exit and risk management of trades
  • #22,791
  • Feb 13, 2015 7:58am Feb 13, 2015 7:58am
Will be on short side till its trading below $1250, Looking for $1205-7
  • #22,792
  • Feb 13, 2015 7:59am Feb 13, 2015 7:59am
Silver above resistance. Now if gold could get above 1232 area the metals might shine a bit :-)
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  • #22,793
  • Feb 13, 2015 8:00am Feb 13, 2015 8:00am
Quoting ClockTrader
{quote} My view is short.. I should have had patience.. timing error....
Same . had pending short order at 1232 ~ 1238.
The only winner is the one who survive the longest...
  • #22,794
  • Feb 13, 2015 8:00am Feb 13, 2015 8:00am
Okay.. see many people trying to short here, makes me go Long.. I like the action past 8 hours.. Longs in play. Entry at 1228.30.. stops below 1224

Will add more if it gets to 1225-1226 area with the same stop... TP , not sure, depending on the action
  • #22,795
  • Feb 13, 2015 8:00am Feb 13, 2015 8:00am
Quoting andySu
{quote} I just think there are more SLs to be hunted to the upside. If price can touch 1232 or 1233 we may see 1235.. but it is always wise to take whatever profit we have already made..
wish you green pips
The only winner is the one who survive the longest...
  • #22,796
  • Feb 13, 2015 8:02am Feb 13, 2015 8:02am
Quoting kinspk
{quote} Same . had pending short order at 1232 ~ 1238.
Now it seems it is the huge pending short order from 1230 upwards that is limiting the move up now....

Will see if demand can takeover...
  • #22,797
  • Feb 13, 2015 8:09am Feb 13, 2015 8:09am
Quoting ClockTrader
{quote} My view is short.. I should have had patience.. timing error....
My view as well. Short from 1230 with first target of 1205, and second of 1188
"The market can remain irrational longer than you can remain solvent"
  • #22,798
  • Feb 13, 2015 8:10am Feb 13, 2015 8:10am
danger! telling myself again and again: don't do anything, just sit side away, if will lose, let it lose
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #22,799
  • Feb 13, 2015 8:10am Feb 13, 2015 8:10am
Quoting Xxavier
Okay.. see many people trying to short here, makes me go Long.. I like the action past 8 hours.. Longs in play. Entry at 1228.30.. stops below 1224 Will add more if it gets to 1225-1226 area with the same stop... TP , not sure, depending on the action

Got to be careful.. 1230 has strong backup of sellers
  • #22,800
  • Feb 13, 2015 8:12am Feb 13, 2015 8:12am
Quoting andySu
{quote} Got to be careful.. 1230 has strong backup of sellers
Proffessionals are quite divided today.... Who will win,, the one who push it up around 8.30 or those selling 1230..
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