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Only Gold!

  • #23,201
  • Feb 20, 2015 5:03am Feb 20, 2015 5:03am
Look at the pin bar and test of w2 support. Also near to previous bottom ( Double bottom ). This made me to take long trade here with stop below previous low.
Attached Image (click to enlarge)
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Intraday only.
  • #23,202
  • Feb 20, 2015 5:09am Feb 20, 2015 5:09am
Quoting anurag.momo
Will be on short side till its trading below $1250, Looking for $1205-7
$1205 Done, Now long @ $1202, SL below $1195, TP $1230
  • #23,203
  • Feb 20, 2015 5:24am Feb 20, 2015 5:24am
Quoting kuroro001
{quote} 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
Try to think beyond the confined circumference of your thoughts..

Think about permutation combinations.. think what they can do.. with lower risk appetite..

PS: IF you are not convinced.. check their track records in their profiles.. check history
Hello World!
  • #23,204
  • Feb 20, 2015 5:26am Feb 20, 2015 5:26am
Quoting ClockTrader
{quote} Moved SL to 1200 Risk: $3
Moved SL to 1201

Risk: $2
Hello World!
  • #23,205
  • Feb 20, 2015 5:31am Feb 20, 2015 5:31am
Quoting ClockTrader
{quote} Moved SL to 1201 Risk: $2
sir i somehow know your strategy but dont know your exact style of trading means are you scalp short term or long term trader and you often say trade light and safe so what percentage of risk you use 1% 2% etc
  • #23,206
  • Feb 20, 2015 5:48am Feb 20, 2015 5:48am
No doubt Gold to 1194, exiting my 1209 sell there, big question if Gold will be satisfied with that to bounce back to 1209 and more or will continue to 1282-84.

Buying 1195 or 1192 or wait for 1284 might be the most difficult decision today. Because if Gold marks 1184 it will stay in 1182-1194 for sometime before further fall.
  • #23,207
  • Feb 20, 2015 5:51am Feb 20, 2015 5:51am
Quoting ClockTrader
{quote} 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.....
I understand ct. Well ill try this one. Here's my trading plan for gold. as ive said i have on going short and will TP at 1200. Then depending on PA I will open a short if it breaks 1198-1197. TP will be at 1180. If bounce at 1200 is strong i will take long and will TP at 1220. No SL on both trade. These plan may be vague for some. I dont know. But thats how im going to play it. No judging please. im a newbie and still finding ways to better improve my trading method. =)
  • #23,208
  • Feb 20, 2015 5:59am Feb 20, 2015 5:59am
Any one seeing here micro movements ? Mean 1 min chart moves and patterns ?

Analysis at least on 15 min chart is needed if you trade intra day.
Intraday only.
  • #23,209
  • Feb 20, 2015 6:06am Feb 20, 2015 6:06am
Quoting ClockTrader
{quote} 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??
Sry, this week am busy with Chinese New Year. Gambling and Drinking.Bro EatPips had a good entry for his short. PA slowly absorbing orders, I foresee a quick drop later if 1200 hurdle are broken, if not play the reversal at support.Sentiment for serious trade: BearishLets wait for NY open...
The only winner is the one who survive the longest...
  • #23,210
  • Feb 20, 2015 6:11am Feb 20, 2015 6:11am
The Yellow metal continue observing the descending trend channel on H4 and a break of $1200 is closely followed by the $1190 support which is less likely to be broke.
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  • #23,211
  • Feb 20, 2015 6:17am Feb 20, 2015 6:17am
Will this bounce sustain ? Looks so.
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Intraday only.
  • #23,212
  • Feb 20, 2015 6:23am Feb 20, 2015 6:23am
This is the best risk/reward I was talking. I am still holding on to it.
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Intraday only.
  • #23,213
  • Feb 20, 2015 6:25am Feb 20, 2015 6:25am
hahaha i love high voltage .......wow
  • #23,214
  • Feb 20, 2015 6:28am Feb 20, 2015 6:28am
Quoting navk
This is the best risk/reward I was talking. I am still holding on to it. {image}
Hi navk, I guess this level was screaming to go long...
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"A handful of patience is worth more than a bushel of brains"
  • #23,215
  • Feb 20, 2015 6:29am Feb 20, 2015 6:29am
Quoting navk
This is the best risk/reward I was talking. I am still holding on to it. {image}
Impressive -
  • #23,216
  • Feb 20, 2015 6:30am Feb 20, 2015 6:30am
I will hold on to it for bigger rewards. And also see in my chart, the earlier bounce candle from 1197. It went on and on... same way this bounce should give more hourly bullish candles.
Intraday only.
  • #23,217
  • Feb 20, 2015 6:34am Feb 20, 2015 6:34am
Quoting navk
I will hold on to it for bigger rewards. And also see in my chart, the earlier bounce candle from 1197. It went on and on... same way this bounce should give more hourly bullish candles.
Trade safe bro.
To live a successful life, we must lose our fear of being wrong
  • #23,218
  • Feb 20, 2015 6:35am Feb 20, 2015 6:35am
Watch out 8 am candle. Should be bullish too.
Intraday only.
  • #23,219
  • Feb 20, 2015 6:37am Feb 20, 2015 6:37am
Quoting EatPIPs
{quote} Trade safe bro.
Agreed, I learnt taking better risk/reward trades are safer than scalping few.
Intraday only.
  • #23,220
  • Feb 20, 2015 6:38am Feb 20, 2015 6:38am
Quoting navk
{quote} Agreed, I learnt taking better risk/reward trades are safer than scalping few.
To live a successful life, we must lose our fear of being wrong
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