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Only Gold!

  • #23,501
  • Feb 23, 2015 5:46am Feb 23, 2015 5:46am
Quoting andySu
{quote}
Just kidding mate !..... trade safe.... trade safe....
  • #23,502
  • Feb 23, 2015 5:47am Feb 23, 2015 5:47am
Based on this slow PA, any bounce up will be sold, so for you guys long it will be the time to close them and be happy you haven't lost more

Crap PA, be back during NY
COT: The precious data ignored
  • #23,503
  • Feb 23, 2015 5:51am Feb 23, 2015 5:51am
Quoting kuroro001
Based on this slow PA, any bounce up will be sold, so for you guys long it will be the time to close them and be happy you haven't lost more Crap PA, be back during NY

Your advise is right, no doubt about that.. this too risky trade appears to be getting right..

Moving SL up.. close to cost price / BE.. wish me luck!
Hello World!
  • #23,504
  • Feb 23, 2015 5:56am Feb 23, 2015 5:56am
Quoting ClockTrader
{quote} Your advise is right, no doubt about that.. this too risky trade appears to be getting right.. Moving SL up.. close to cost price / BE.. wish me luck!
Dont worry about your long. There is possibility of 1197. Sometime market vibration can turn a wrong trade into a winning trade.
The only winner is the one who survive the longest...
  • #23,505
  • Feb 23, 2015 5:59am Feb 23, 2015 5:59am
Quoting kuroro001
Based on this slow PA, any bounce up will be sold, so for you guys long it will be the time to close them and be happy you haven't lost more Crap PA, be back during NY
Despite stupid direction.. I just closed all the test longs in profit.. almost each long :-)

Now I'll wait for a peak out.. around 12 pm NY maybe.. or maybe tomorrow.. whatever.. I'm not gonna buy from a dip now.. but wait right peakout :-)

maybe.. light test longs from a dip IF too convincing ;-)

I feel blessed..

PS: Still ranking among the top 100 out of 1900 participants in the Forex Contest.. feels not bad despite the fact I've been trying to counter the trend.
Hello World!
  • #23,506
  • Feb 23, 2015 6:00am Feb 23, 2015 6:00am
Quoting kinspk
{quote} Dont worry about your long. There is possibility of 1197. Sometime market vibration can turn a wrong trade into a winning trade.
I made money, no doubt mate :-)

I'm a little relieved after getting rid of these longs.. maybe that was untimely.. yet.. whatever.. I did it despite all the odds.. I'm loving the placement thing of mine.. SL no more than $5-6 :-)
Hello World!
  • #23,507
  • Feb 23, 2015 6:17am Feb 23, 2015 6:17am
Quoting ClockTrader
{quote} I made money, no doubt mate :-) I'm a little relieved after getting rid of these longs.. maybe that was untimely.. yet.. whatever.. I did it despite all the odds.. I'm loving the placement thing of mine.. SL no more than $5-6 :-)
Cool!
The only winner is the one who survive the longest...
  • #23,508
  • Feb 23, 2015 6:18am Feb 23, 2015 6:18am
sell limit : 1207 , TP : 1183 , SL : 1220
  • #23,509
  • Feb 23, 2015 6:22am Feb 23, 2015 6:22am
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.
Lehman Brothers lost.
  • #23,510
  • Feb 23, 2015 6:26am Feb 23, 2015 6:26am
Quoting SunTrader
{quote} Lehman Brothers lost.
That's what my point was.. apparently.. you missed some posts of mine..

Who is Lehman Brothers? Who eventually bore the loss? The brunt came on the masses.. the top honchos took fat pay checks before they let this bank die..

Did you watch 'Margin Call', if not.. watch it.. its based on this bank.. inspired from True story..
Hello World!
  • #23,511
  • Feb 23, 2015 6:32am Feb 23, 2015 6:32am
Quoting ClockTrader
{quote} Despite stupid direction.. I just closed all the test longs in profit.. almost each long :-) Now I'll wait for a peak out.. around 12 pm NY maybe.. or maybe tomorrow.. whatever.. I'm not gonna buy from a dip now.. but wait right peakout :-) maybe.. light test longs from a dip IF too convincing ;-) I feel blessed.. PS: Still ranking among the top 100 out of 1900 participants in the Forex Contest.. feels not bad despite the fact I've been trying to counter the trend.
Well done
COT: The precious data ignored
  • #23,512
  • Feb 23, 2015 6:33am Feb 23, 2015 6:33am
gold will remain above 1200 for today i think
  • #23,513
  • Feb 23, 2015 6:49am Feb 23, 2015 6:49am
Time to revisit the lows...before NY kicks in i hope
COT: The precious data ignored
  • #23,514
  • Feb 23, 2015 6:54am Feb 23, 2015 6:54am
Quoting kuroro001
Time to revisit the lows...before NY kicks in i hope
Since they wanna take price to South, they would want people to buy.. perhaps pushing the price towards North would be a good idea.. particularly in the NY session.. even if its like sideways.. which looks like going up..

I doubt they'll take price back to 1205 area, if they do.. IF there is a peakout.. IF VVSA supports.. I would love to sell... BUT on other note having patience until tomorrow sound super kooool..
Hello World!
  • #23,515
  • Feb 23, 2015 6:57am Feb 23, 2015 6:57am
Quoting ClockTrader
{quote} Since they wanna take price to South, they would want people to buy.. perhaps pushing the price towards North would be a good idea.. particularly in the NY session.. even if its like sideways.. which looks like going up.. I doubt they'll take price back to 1205 area, if they do.. IF there is a peakout.. IF VVSA supports.. I would love to sell... BUT on other note having patience until tomorrow sound super kooool..
1207/1208/1209 has been playing for some days.
Intraday only.
  • #23,516
  • Feb 23, 2015 7:01am Feb 23, 2015 7:01am
Just for sharing. No right or wrong as it will result in never ending debates.

Banks do lose money, but other banks win money, just that it's not that significant to them and they had other basket of business that over-ride as overall net profit.

http://www.bloomberg.com/news/articl...-seen-mounting
The only winner is the one who survive the longest...
  • #23,517
  • Feb 23, 2015 7:01am Feb 23, 2015 7:01am
This is interesting stuff.. I thought I should share it here..
Attached Image (click to enlarge)
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Hello World!
  • #23,518
  • Feb 23, 2015 7:02am Feb 23, 2015 7:02am
Quoting kinspk
Just for sharing. No right or wrong as it will result in never ending debates. Banks do lose money, but other banks win money, just that it's not that significant to them and they had other basket of business that over-ride as overall net profit. http://www.bloomberg.com/news/articl...-seen-mounting
Thanks for the inputs mate! I won't debate this :-)
Hello World!
  • #23,519
  • Feb 23, 2015 7:05am Feb 23, 2015 7:05am
1197 touched, wondering if 1205 will be revisit again.

Btw, I have doubts about how the Greece deal affect the market, anyone care to share?
The only winner is the one who survive the longest...
  • #23,520
  • Feb 23, 2015 7:07am Feb 23, 2015 7:07am
We just retrace Friday's low, and today's breakout m5 candle. Its a make or break here
COT: The precious data ignored
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