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Only Gold!

  • #23,781
  • Feb 24, 2015 7:12pm Feb 24, 2015 7:12pm
Had earlier said will hold bull till Asian session. Closed all now.
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The only winner is the one who survive the longest...
  • #23,782
  • Feb 24, 2015 7:17pm Feb 24, 2015 7:17pm
Quoting Harris27
Not surprised why many don't know the reason of Gold rise. Anyway, it's because of China banks coming back from holiday, Chinese gold buying gifts etc From here 1204 a buy to 1214 for a sell there. 1204 critical price, I'll bet on a buy.
Bro, you should share more or share earlier, so many will gain.

Quoting kinspk
{quote} {quote} Below 1190 will be a better zone to long, as stronger support at 1180/2, but will take small long, as I doubt may be it wont reach that zone. Another thing will be China market open in the middle of the week and Fed not raising rate so soon, I favour for USD to retrace, and Gold to move up.
Last night, news had retest the bottom at 1190. Anyone who long at 119x should make at least $10 off Gold.

Good luck guys.
The only winner is the one who survive the longest...
  • #23,783
  • Feb 24, 2015 7:24pm Feb 24, 2015 7:24pm
Quoting ClockTrader
{quote} btw, these are my shorts.. tired like a sick dog.. just can't analyze anything now.. not even a single pip. GOSH! feel like dying on bed.. need a break.. catcha later folks! {image}
SLs @ 1210 triggered..
Hello World!
  • #23,784
  • Feb 24, 2015 7:26pm Feb 24, 2015 7:26pm
Quoting Harris27
Not surprised why many don't know the reason of Gold rise. Anyway, it's because of China banks coming back from holiday, Chinese gold buying gifts etc From here 1204 a buy to 1214 for a sell there. 1204 critical price, I'll bet on a buy.
Your call was good.. about the buy & sell area..
Hello World!
  • #23,785
  • Feb 24, 2015 7:26pm Feb 24, 2015 7:26pm
Quoting kinspk
{quote} Bro, you should share more or share earlier, so many will gain. {quote} Last night, news had retest the bottom at 1190. Anyone who long at 119x should make at least $10 off Gold. Good luck guys.
Yea, his call was great!
Hello World!
  • #23,786
  • Feb 24, 2015 7:34pm Feb 24, 2015 7:34pm
Quoting ClockTrader
{quote} SLs @ 1210 triggered..
2 of those 7* shorts blew up.. I'll try post lesser until my win rate is back up..
Hello World!
  • #23,787
  • Feb 24, 2015 7:35pm Feb 24, 2015 7:35pm
Quoting kinspk
Had earlier said will hold bull till Asian session. Closed all now. {image}
Hello World!
  • #23,788
  • Feb 24, 2015 7:37pm Feb 24, 2015 7:37pm
Quoting kinspk
{quote} Bro, you should share more or share earlier, so many will gain. {quote} Last night, news had retest the bottom at 1190. Anyone who long at 119x should make at least $10 off Gold. Good luck guys.
I was wrong about yesterday... It is a low test conformation day... today we will have a high test.. A lot of SL around 1208 - 1210 region.. I think PA will test 1213 level (last friday level) or even higher.. Gold is in need of retrace for short covering (having "this week" bottom tested)..

I am keeping my long open..
For new long entry will have to wait for PA to retrace.
  • #23,789
  • Feb 24, 2015 7:49pm Feb 24, 2015 7:49pm
Quoting andySu
{quote} I was wrong about yesterday... It is a low test conformation day... today we will have a high test.. A lot of SL around 1208 - 1210 region.. I think PA will test 1213 level (last friday level) or even higher.. Gold is in need of retrace for short covering (having "this week" bottom tested).. I am keeping my long open.. For new long entry will have to wait for PA to retrace.
Lot of pairs, Tuesday/Wednesday is a retest of high or low. Those who had a habit of marking day to day, and week open to week close with vertical lines for years will easily find some truth about this.
The only winner is the one who survive the longest...
  • #23,790
  • Feb 24, 2015 7:54pm Feb 24, 2015 7:54pm
Quoting ClockTrader
{quote} 2 of those 7* shorts blew up.. I'll try post lesser until my win rate is back up..
Your win rate has been good Mate.... Take a break.. Refocus on your trading principle.. and surely you will be back to win...
  • #23,791
  • Feb 24, 2015 7:54pm Feb 24, 2015 7:54pm
Gold had broke my weekly average = Bull sentiment

Direction establish w funda+technical, scalp long from dip with technical reason.
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The only winner is the one who survive the longest...
  • #23,792
  • Feb 24, 2015 8:30pm Feb 24, 2015 8:30pm
Quoting kinspk
Gold had broke my weekly average = Bull sentiment Direction establish w funda+technical, scalp long from dip with technical reason. {image}
Some of my thoughts to share... :

Yesterday pin bar on H1 after Yellen remarks (of not hiking rates for several months now) clearly shown that SLs has been cleared and bottom tested..

Hence I am bullish for today... And will see how far the high, gold manage to probe today...

But given last week action (where demand is so low that short can roam freely (even friday no short covering, resulting in Monday probe to 1190) ), it is prudent to be careful..

We now know that 1190 got demand.. But dont know yet today high will retrace to which level (where we can see that another good demand holding it)..
  • #23,793
  • Feb 24, 2015 8:49pm Feb 24, 2015 8:49pm
Quoting andySu
{quote} Your win rate has been good Mate.... Take a break.. Refocus on your trading principle.. and surely you will be back to win...
Yes mate.. out of last 5-6 calls.. this one has gone wrong.. all others were right..

this one has gone 2/7 wrong by far..

But, I wish to honestly accept the fact that I've not been able to follow my code correctly.

To err is human sounds good.. but, I wish to outperform myself..

PS: Its gonna take another few months to fix the weaknesses I see in myself..
Hello World!
  • #23,794
  • Feb 24, 2015 8:59pm Feb 24, 2015 8:59pm
If break up 1223(whatever true or fake out), basically may confirm the reversal. Of Couse just my view, everything is possible at this market.
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #23,795
  • Feb 24, 2015 9:03pm Feb 24, 2015 9:03pm
Quoting hyt-tony
If break up 1223(whatever true or fake out), basically may confirm the reversal. Of Couse just my view, everything is possible at this market.
I think all your calls been right lately..

Keep up the good job bro!

Hello World!
  • #23,796
  • Feb 24, 2015 9:03pm Feb 24, 2015 9:03pm
Quoting ClockTrader
{quote} Yes mate.. out of last 5-6 calls.. this one has gone wrong.. all others were right.. this one has gone 2/7 wrong by far.. But, I wish to honestly accept the fact that I've not been able to follow my code correctly. To err is human sounds good.. but, I wish to outperform myself.. PS: Its gonna take another few months to fix the weaknesses I see in myself..
dont be so sentimentil , its just a game bro , stay focus with your system
  • #23,797
  • Feb 24, 2015 9:10pm Feb 24, 2015 9:10pm
Quoting jasakreatif
{quote} dont be so sentimentil , its just a game bro , stay focus with your system
I've amended my code to fix silly mistake I did last night.. Thanks for your concern!

PS: New lessons don't get inculcated unless we lose money, even if its little or losing a floating profit.
Hello World!
  • #23,798
  • Feb 24, 2015 9:13pm Feb 24, 2015 9:13pm
Falling wedge break out, should come back to test it

https://www.tradingview.com/x/QVeRFROD/
  • #23,799
  • Feb 24, 2015 9:14pm Feb 24, 2015 9:14pm
Quoting ClockTrader
{quote} I think all your calls been right lately.. Keep up the good job bro!
Thank you bro. I always wrong too, my win rate just 20% or so. My gain is base on hold and add position on right position.
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #23,800
  • Feb 24, 2015 9:25pm Feb 24, 2015 9:25pm
This is my today plan... SL 1217, Entry 1209.66 TP 1198.. Don't follow me. I just want to let the world know. right or wrong, I believe in my plan.
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