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Only Gold!

  • #23,181
  • Feb 20, 2015 3:16am Feb 20, 2015 3:16am
I hesitate. Close shorts or not close....that is the question.... Really, it is so hard these time.
  • #23,182
  • Feb 20, 2015 3:18am Feb 20, 2015 3:18am
Quoting Rashidtrade
why every thing is gong down?
Just because it is not us who control the market. Probably more people are up, so banksters have decided to push forex market to the lows to win a lot of money...again...
  • #23,183
  • Feb 20, 2015 3:21am Feb 20, 2015 3:21am
Shorts still into plays....no longs for sure.
COT: The precious data ignored
  • #23,184
  • Feb 20, 2015 3:38am Feb 20, 2015 3:38am
Quoting Razi89
CT. what was your entry price
Sold @ 1208, Closed @ 1207

made & lost scalps here & there..
Hello World!
  • #23,185
  • Feb 20, 2015 3:40am Feb 20, 2015 3:40am
Quoting andySu
{quote} I am still holding long at your same entry price... could be wrong as it is indeed very sluggish... Am thinking yesterday make higher low.. so perhaps friday sellers will cash in profit...
@1202

IF price can go back to 1208, my view would be bullish during this NY session..
Hello World!
  • #23,186
  • Feb 20, 2015 3:43am Feb 20, 2015 3:43am
Quoting Rashidtrade
why every thing is gong down?
It look scary as if its going way down.. just chill & watch it for 30-60 min..

This fall could be fake.. patience is the key..
Hello World!
  • #23,187
  • Feb 20, 2015 3:44am Feb 20, 2015 3:44am
for next couple of hours. Its looking like 119X's then back towards 1210 in NY session
  • #23,188
  • Feb 20, 2015 3:45am Feb 20, 2015 3:45am
Hi All,

I wonder why almost everyone are saying long. Maybe because of fundamentals? I was short since 2 days ago at 1220 with tp at 1200 which is just few pips away. I dont usually trade with fundamentals. I just look at the chart and see PA. Good luck everybody. Lets end the week with green pips. =)
  • #23,189
  • Feb 20, 2015 3:49am Feb 20, 2015 3:49am
Quoting don73
Hi All, I wonder why almost everyone are saying long. Maybe because of fundamentals? I was short since 2 days ago at 1220 with tp at 1200 which is just few pips away. I dont usually trade with fundamentals. I just look at the chart and see PA. Good luck everybody. Lets end the week with green pips. =)
> I was short since 2 days ago at 1220 with tp at 1200

You didn't mention your SL but only TP, past calls only appreciated if you posted it that time. For instance.. Today, I could say.. I was short from 1284 few weeks back.. sounds good? NO!

> I dont usually trade with fundamentals. I just look at the chart and see PA.

I don't trade news..

> I just look at the chart and see PA.

that's kool mate :-)
Hello World!
  • #23,190
  • Feb 20, 2015 3:50am Feb 20, 2015 3:50am
Quoting don73
Hi All, I wonder why almost everyone are saying long. Maybe because of fundamentals? I was short since 2 days ago at 1220 with tp at 1200 which is just few pips away. I dont usually trade with fundamentals. I just look at the chart and see PA. Good luck everybody. Lets end the week with green pips. =)
and you know what.. we love new members here.. you are welcome to the forum and to this thread :-)

We would love you more once you throw in few good calls.. & even love more if you can do that over and over again..
Hello World!
  • #23,191
  • Feb 20, 2015 4:08am Feb 20, 2015 4:08am
Hi CT. I actually dont put SL on my trades. I do add SL at BE or with a few pips gain once the price is already according to my direction. The reason for this is im still not confident enough with my entry point. sometimes ill see my trade goes -50pips before it goes according to my direction. bad call right? Hehe but its ok since i can wait until it becomes positive. Im hesitant in posting here because as what i have said sometimes i made bad calls on my entry point.
  • #23,192
  • Feb 20, 2015 4:20am Feb 20, 2015 4:20am
Very interestingly poised, current situation. Low risk, big reward.

Yes, entry around 1205 , stop 1197 ( previous low, Double bottom ). Can go up 1240, or even 1250. This is my take for today.
Intraday only.
  • #23,193
  • Feb 20, 2015 4:21am Feb 20, 2015 4:21am
Quoting don73
Hi CT. I actually dont put SL on my trades. I do add SL at BE or with a few pips gain once the price is already according to my direction. The reason for this is im still not confident enough with my entry point. sometimes ill see my trade goes -50pips before it goes according to my direction. bad call right? Hehe but its ok since i can wait until it becomes positive. Im hesitant in posting here because as what i have said sometimes i made bad calls on my entry point.
You sold yesterday, now in green.. apparently not a bad call.. a good call..

You sharing it now.. will that help anybody here? Apparently NOT! This place is a community where we share coz we care about each other..

We are looking for good traders with proven track record who can help other fella members here..

Sharing past green calls is called noise! So, until you can share live calls here.. plz don't make fuss.. hope you don't mind.. no offense.. nothing personal..

PS: I will not reply to your posts.. unless you are doing some good job.. Wish you luck!
Hello World!
  • #23,194
  • Feb 20, 2015 4:25am Feb 20, 2015 4:25am
Dont trade against the trend unless the trend is clearly broken.
Attached Image (click to enlarge)
Click to Enlarge Name: G1.png Size: 42 KB
To live a successful life, we must lose our fear of being wrong
  • #23,195
  • Edited 4:46am Feb 20, 2015 4:35am | Edited 4:46am
Quoting EatPIPs
Dont trade against the trend unless the trend is clearly broken. {image}
In general, I agree with you, not to trade against the trend. But in the current situation, I will only take sell signal if 1197 is clearly broken. Otherwise I won't.

Trading is always a probability game.

When the price reaches previous top or bottom the price tends to go in opposite direction. If the second test is successful it is a high reward trade. If 1197 or 1200 is tested, it is second test.

Previous bottom is 1197. Today it tested 1201. What else you ( I ) need to go long here ?

My risk is limited to 1197 only Just 40 odd pips ! Worth taking this risk.
Intraday only.
  • #23,196
  • Feb 20, 2015 4:40am Feb 20, 2015 4:40am
@1203

Testing a long with SL @ 1198-1201

Max loss of $5 (x wt)

Trade light & safe!
Hello World!
  • #23,197
  • Feb 20, 2015 4:45am Feb 20, 2015 4:45am
Quoting ClockTrader
@1203 Testing a long with SL @ 1198-1201 Max loss of $5 (x wt) Trade light & safe!
Hopefully, within a few hrs.. we'll know where this is going..


Where is 'Kinspk'? I wonder what his view is.. on the current situation??
Hello World!
  • #23,198
  • Feb 20, 2015 4:50am Feb 20, 2015 4:50am
Quoting ClockTrader
@1203 Testing a long with SL @ 1198-1201 Max loss of $5 (x wt) Trade light & safe!
Moved SL to 1200

Risk: $3
Hello World!
  • #23,199
  • Feb 20, 2015 4:52am Feb 20, 2015 4:52am
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 50 KB
Intraday only.
  • #23,200
  • Feb 20, 2015 4:59am Feb 20, 2015 4:59am
Quoting ClockTrader
{quote} Moved SL to 1200 Risk: $3
Still sideline here, i don't like this slow PA, and i don't want to risk money for something i'm not sure of.

Btw for the Forexball contest, i looked at it and for sure the top 3 are trading silver/gold, full leverage/margin, and they do like 20/25 dollars a day (doubling account). Its hard to keep up with them, as soon or later they'll blow the whole thing
COT: The precious data ignored
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