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Only Gold!

  • #23,481
  • Feb 23, 2015 4:18am Feb 23, 2015 4:18am
Quoting kuroro001
{quote} {quote} When i say people, i would mean Banks and top hedge funds. They are the ones who need to be ripped off from us
Intraday only.
  • #23,482
  • Feb 23, 2015 4:19am Feb 23, 2015 4:19am
Quoting kuroro001
{quote} {quote} When i say people, i would mean Banks and top hedge funds. They are the ones who need to be ripped off from us
For a moment even I thought that its the banks & such corps who should lose.. BUT, guess what? Large banks would prolly never lose.. check their balance sheets..

IF EVER a large bank had to close.. that would eventually affect the masses, the ordinary people.. Its the world order.. its been in place since ages.. It will always be the masses who will suffer.. the averaga fella.
Hello World!
  • #23,483
  • Feb 23, 2015 4:21am Feb 23, 2015 4:21am
Quoting ClockTrader
{quote} For a moment even I thought that its the banks & such corps who should lose.. BUT, guess what? Large banks would prolly never lose.. check their balance sheets.. IF EVER a large bank had to close.. that would eventually affect the masses, the ordinary people.. Its the world order.. its been in place since ages.. It will always be the masses who will suffer.. the averaga fella.
The reason probably, the Retailers go against odds. Like we expect a kind of bounce here for making few pips... our a/c is small. The Banks will be with the trend and do not mind some retracement ?
Intraday only.
  • #23,484
  • Feb 23, 2015 4:24am Feb 23, 2015 4:24am
Quoting ClockTrader
{quote} I don't mean to sound rude.. but, if you check this thread from page-1, you'll see a pattern.. People come here.. join the forum.. many beginners.. sooner or later most of them disappear.. There are 2 primary reasons why they disappear.. 1. Poor MM 2. Lack of skillsets I wish nobody takes loss.. or if one has to.. it should be minimal..
100% agree CT
  • #23,485
  • Feb 23, 2015 4:25am Feb 23, 2015 4:25am
Quoting navk
{quote} The reason probably, the Retailers go against odds. Like we expect a kind of bounce here for making few pips... our a/c is small. The Banks will be with the trend and do not mind some retracement ?
They use bots to trade.. few pips earned every now & then will earn them like 10k - 100k depending on their account size..

More than 90% of average retail trader will always lose (at the end of day).. this is how Forex is setup.. Govt knows.. we know.. everyone knows.. this is how it is.. deal with it..
Hello World!
  • #23,486
  • Feb 23, 2015 4:26am Feb 23, 2015 4:26am
Breaking thro nicely in daily, Look at CHIK.

Bounce will be limited to cloud bottom.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDDaily.png Size: 92 KB
Intraday only.
  • #23,487
  • Feb 23, 2015 4:27am Feb 23, 2015 4:27am
1202 to 1290 i booked the profit yappy
  • #23,488
  • Feb 23, 2015 4:30am Feb 23, 2015 4:30am
How much gold can go down ?
  • #23,489
  • Feb 23, 2015 4:37am Feb 23, 2015 4:37am
Quoting rabbane
How much gold can go down ?
Have some daily/weekly support/resistance indicators, will have some idea to define the risk.

It is useful to define the risk, the bigger boys only know to where they want to take the price.
Intraday only.
  • #23,490
  • Feb 23, 2015 4:39am Feb 23, 2015 4:39am
True .. Gold is Sell on rise candidate now for me .. 1200 , 1206, 1215, 1220 ..

Let us see to which level it can bounce .....

Quoting navk
Breaking thro nicely in daily, Look at CHIK. Bounce will be limited to cloud bottom. {image}
  • #23,491
  • Feb 23, 2015 4:40am Feb 23, 2015 4:40am
Quoting ClockTrader
{quote} Moved SL to 1189
Scratch my test long... dont like the pace.. it is taking too slow for a rebound to happen... might snap down all of a sudden...
  • #23,492
  • Feb 23, 2015 4:41am Feb 23, 2015 4:41am
Quoting connect_ananth
True .. Gold is Sell on rise candidate now for me .. 1200 , 1206, 1215, 1220 .. Let us see to which level it can bounce ..... {quote}
Not only CHIK but look at the cloud too in the daily, coming days are going to be bearish.
Intraday only.
  • #23,493
  • Feb 23, 2015 4:41am Feb 23, 2015 4:41am
Quoting ClockTrader
For those who have been seeking charts lately with vol bars.. This vol bar looks authentic to me.. {image}
can you pls tell how volume gave some confirmation .thanks
  • #23,494
  • Feb 23, 2015 4:42am Feb 23, 2015 4:42am
Quoting andySu
{quote} Scratch my test long... dont like the pace.. it is taking too slow for a rebound to happen... might snap down all of a sudden...
Agree, it is because it seems only we ( I mean only Reatailers ) are fighting with Banks for few pips.
Intraday only.
  • #23,495
  • Feb 23, 2015 4:43am Feb 23, 2015 4:43am
Still in test mode ( not advisory) - Provided 1203 break sustains...

11 days 1161
30 days 1106

Quoting rabbane
How much gold can go down ?
  • #23,496
  • Feb 23, 2015 4:48am Feb 23, 2015 4:48am
Quoting amiami76
{quote} can you pls tell how volume gave some confirmation .thanks
Install the below indi on your MT4.. tweak settings, observe the patterns / bars & spreads for about 6 months.. In no time you'll realize you are getting hang of it..

http://www.goldguru.in/downloads/fre...Volume_1_4.ex4
Hello World!
  • #23,497
  • Feb 23, 2015 4:49am Feb 23, 2015 4:49am
Quoting andySu
{quote} Scratch my test long... dont like the pace.. it is taking too slow for a rebound to happen... might snap down all of a sudden...
Yea, it can fall further, that is why we use SL..

My analysis says.. test longs.. so here I am testing longs.. in a bearish atmosphere.. Gosh!
Hello World!
  • #23,498
  • Feb 23, 2015 4:51am Feb 23, 2015 4:51am
Quoting ClockTrader
{quote} Install the below indi on your MT4.. tweak settings, observe the patterns / bars & spreads for about 6 months.. In no time you'll realize you are getting hang of it.. http://www.goldguru.in/downloads/fre...Volume_1_4.ex4
thanks alot
  • #23,499
  • Feb 23, 2015 5:24am Feb 23, 2015 5:24am
Even if this bounces from here.. the idea of Long Monday has gone down the drain.. this is not what I was expecting..

  1. Expiry week active.. makes even Bulls act like sluggish & sick dogs..
  2. Seasonal Bearish
  3. I could say a lot more from recent VVSA trends..

Small bounces or sideways & large falls..

Gold Bulls are in deep shit!

Trade light & safe!

I will try to catch a peak in a day or so.. its been hard.. 1190 in 30-60 days could look like a huge peak..

1500 looks like Mt Everest which will take like 5 years.. and 1900 looks like a number on Moon which will take 10 years.. this is all hypothetical & imaginary.. never mind.. :-)

Hello World!
  • #23,500
  • Feb 23, 2015 5:45am Feb 23, 2015 5:45am
Quoting ClockTrader
Even if this bounces from here.. the idea of Long Monday has gone down the drain.. this is not what I was expecting.. Expiry week active.. makes even Bulls act like sluggish & sick dogs.. Seasonal Bearish I could say a lot more from recent VVSA trends.. Small bounces or sideways & large falls.. Gold Bulls are in deep shit! Trade light & safe! I will try to catch a peak in a day or so.. its been hard.. 1190 in 30-60 days could look like a huge peak.. 1500 looks like Mt Everest which will take like 5 years.. and 1900 looks like a number on Moon which...
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