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  • #23,301
  • Feb 20, 2015 11:43am Feb 20, 2015 11:43am
Quoting hyt-tony
{quote} thank you. disregard of it, just move all SL to 1223 then let it run, go bed.
News flash on Reuters: The Greek prime minister Alexis Tsipras has asked European Council president Donald Tusk to convene an EU summit on Sunday if finance ministers fail to hammer out a deal today, according to a Greek government official.

http://www.theguardian.com/business/...s-live-updates
  • #23,302
  • Feb 20, 2015 12:07pm Feb 20, 2015 12:07pm
On a broad level.. I expect a nice bounce.. hope to share next long call around next Asian session..

Logic: 12pm NY was sent towards South..
Hello World!
  • #23,303
  • Feb 20, 2015 12:17pm Feb 20, 2015 12:17pm
Quoting Likerty
gold wants 1188/89 before reversing..
Indeed. The market is very calm waiting for some agreement. I am expecting a flash downward too..though the details of the REAL deal are unknown and likely to mean more debt, perhaps more QE, more can kicking, and that could translate into higher gold prices.
"The market can remain irrational longer than you can remain solvent"
  • #23,304
  • Feb 20, 2015 12:26pm Feb 20, 2015 12:26pm
Quoting Likerty
gold wants 1188/89 before reversing..
You could be half-right.. maybe full.. it looks like going down..

I'm glad I didn't share a call during the last few hrs.. would have been wrong...
Hello World!
  • #23,305
  • Feb 20, 2015 12:28pm Feb 20, 2015 12:28pm
Wish you all a great weekend!

Trade Light & Safe!
Hello World!
  • #23,306
  • Feb 20, 2015 12:29pm Feb 20, 2015 12:29pm
Quoting hyt-tony
{quote} I also guess so. but if no, big move maybe will happen like SNB event. And is weekend.
Glad to have a good trader like you around..

PS: Kinspk been good too.. nice calls..
Hello World!
  • #23,307
  • Feb 20, 2015 12:39pm Feb 20, 2015 12:39pm
Quoting anton.olff
{quote} Indeed. The market is very calm waiting for some agreement. I am expecting a flash downward too..though the details of the REAL deal are unknown and likely to mean more debt, perhaps more QE, more can kicking, and that could translate into higher gold prices.
Its always interesting to see pundits explaining moves after the fact (in fundamental context), when everything is predetermined technically in advance
69
  • #23,308
  • Feb 20, 2015 12:41pm Feb 20, 2015 12:41pm
Quoting Likerty
{quote} Its always interesting to see pundits explaining moves after the fact (in fundamental context), when everything is predetermined technically in advance

I am in longs...and I am no pundit. What does your crystal ball tell you, oh wise technical trader?
"The market can remain irrational longer than you can remain solvent"
  • #23,309
  • Feb 20, 2015 12:46pm Feb 20, 2015 12:46pm
Quoting anton.olff
{quote} I am in longs...and I am no pundit. What does your crystal ball tell you, oh wise technical trader?
I didnt mean you, the financial media...
My ball shows 1350's
69
  • #23,310
  • Feb 20, 2015 12:48pm Feb 20, 2015 12:48pm
Quoting Likerty
{quote} I didnt mean you, the financial media... My ball shows 1350's
Well, I hope you're on the ball and it moves up. As for the media, they are a great source of...misinformation
"The market can remain irrational longer than you can remain solvent"
  • #23,311
  • Feb 20, 2015 12:50pm Feb 20, 2015 12:50pm
wow it breaks 200.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #23,312
  • Feb 20, 2015 12:51pm Feb 20, 2015 12:51pm
next 1197.30
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #23,313
  • Feb 20, 2015 12:59pm Feb 20, 2015 12:59pm
Good thing its going down. I'd like below 1000 to ignitiate fat longs
COT: The precious data ignored
  • #23,314
  • Feb 20, 2015 1:01pm Feb 20, 2015 1:01pm
Uptrend dint go kaboom on fake news, downtrend most likely to continue. Looking for monthly candle if silver doesnt break i'm entering short with 1st tp to 14ish and 2nd tp to 11.
If on the other hand the trend is broken untill the end of the month im entering here 1st tp to 19ish 2nd to 21ish.
Sorry placing my plan outloud so i don't get confused with daily boring news
  • #23,315
  • Feb 20, 2015 1:05pm Feb 20, 2015 1:05pm
Quoting kuroro001
Good thing its going down. I'd like below 1000 to ignitiate fat longs
Parity is just to obvious area of interest. Market movers have no interest in pushing it there, or if they will, than will go significantly bellow I think.. There is a major technicality at 1.0350's - where I'm planing to load a trade of my life
69
  • #23,316
  • Feb 20, 2015 1:06pm Feb 20, 2015 1:06pm
I guess it will test 170 next week then a bounce 200 and a second try 131.
let see
but hard try for buy.
Attached Image (click to enlarge)
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #23,317
  • Feb 20, 2015 1:09pm Feb 20, 2015 1:09pm
Quoting Likerty
{quote} Parity is just to obvious area of interest. Market movers have no interest in pushing it there, or if they will, than will go significantly bellow I think.. There is a major technicality at 1.0350's - where I'm planing to load a trade of my life
Ohhh I thought thats about Euro... But gold - same thing - should'nt reach that round number..
69
  • #23,318
  • Feb 20, 2015 1:13pm Feb 20, 2015 1:13pm
Quoting Likerty
{quote} Ohhh I thought thats about Euro... But gold - same thing - should'nt reach that round number..
I agree about the fact that if we hit 1000, it will most likely go wa below it, maybe to 700 or something.

1350 ? That's possible, i'm playing intraday and waiting for daily to choose a way

Good luck with it mate
COT: The precious data ignored
  • #23,319
  • Feb 20, 2015 1:23pm Feb 20, 2015 1:23pm
Love the way, it retrace 15-20 dollars and peak out at NY session to revisit orders at 1200. Just finish my drink. Fun trades... Good luck and enjoy the weekends.
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The only winner is the one who survive the longest...
  • #23,320
  • Feb 20, 2015 1:35pm Feb 20, 2015 1:35pm
Quoting ClockTrader
12 pm NY & I see nothing but spikes in the South.. 1203 support is there.. things should be clear within 30 - 60 min.. {image}
Bro no offense, just sharing. When multiple candles with this kind of wicks, the directions are down towards the wick, to absorb order or etc, sorry, do not know how to describe it. (Especially in low timeframe) You can try back track all 5mins candles of these kinds. That is why I don't use candle sticks for analysis even though I studied a lot on candles.
The only winner is the one who survive the longest...
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