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  • #23,901
  • Feb 25, 2015 9:52pm Feb 25, 2015 9:52pm
Quoting actorial
{quote} My Bad for forgetting on the SL. SL will be at 1225
Your shorts would survive IF price turns around London Morning.
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  • #23,902
  • Feb 25, 2015 9:54pm Feb 25, 2015 9:54pm
Quoting actorial
{quote} My Bad for forgetting on the SL. SL will be at 1225
On other note, on each peak, IF my systems give a short signal, I'm gonna sell..

Seasonal View: Short
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  • #23,903
  • Feb 25, 2015 10:04pm Feb 25, 2015 10:04pm
Quoting hyt-tony
W1: {image} 1216 d1: {image} h4: {image} h1 {image} M15 {image}
You are long, right?

with support @1203-04, your positions look good :-)
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  • #23,904
  • Feb 25, 2015 10:08pm Feb 25, 2015 10:08pm
Quoting ClockTrader
{quote} You are long, right? with support @1203-04, your positions look good :-)
Yes, i'm long, look if it can close above 1216 in weekly window, best break up 1223
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #23,905
  • Feb 25, 2015 10:36pm Feb 25, 2015 10:36pm
Quoting hyt-tony
{quote} Yes, i'm long, look if it can close above 1216 in weekly window, best break up 1223
PA is riding Bulls IMO.. current wave at least..

little sideways from here @ 1208, then it should resume..

I'll await right peakout.. no sweat!
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  • #23,906
  • Feb 26, 2015 12:02am Feb 26, 2015 12:02am
Trick for flying higher than 1210.40 is to create enough momentum to trigger a cascade of stops - taking the price convincingly higher, then on retracement everyone will get on board to go higher still. Big bad boys must have been working on this all week. Lets see if they can create the critical mass to trigger the stops.
  • #23,907
  • Feb 26, 2015 12:54am Feb 26, 2015 12:54am
Hello, I am new here. Thank you for your sharing.
I'm betting Long.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2015-02-26-13-46-44-1.png Size: 95 KB
There's a will, there's a way.
  • #23,908
  • Feb 26, 2015 12:57am Feb 26, 2015 12:57am
Quoting actorial
Waiting for price to reach top of channel and will enter Sell. Around 1211-1212 zone Target TP will be 1183 area. SL 1225 If price fall below 1183, 1140 range is possible to my point of view. Picture say a thousand words for my analysis. {image}
Price to sell hit.

Im selling it down now.

Lets see what does gold really want....
  • #23,909
  • Feb 26, 2015 12:57am Feb 26, 2015 12:57am
Quoting goldngreen
Trick for flying higher than 1210.40 is to create enough momentum to trigger a cascade of stops - taking the price convincingly higher, then on retracement everyone will get on board to go higher still. Big bad boys must have been working on this all week. Lets see if they can create the critical mass to trigger the stops.
Tested 1213 then came back down.. Looks like it need to test 1215 above in order to trigger stops...

Later on london open got german economic data.. will see if that can help...
  • #23,910
  • Feb 26, 2015 1:10am Feb 26, 2015 1:10am
Quoting Ashutosh717
1618811{image}
This was my yesterday's trade which is still going on plus today found something to add on
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  • #23,911
  • Feb 26, 2015 1:10am Feb 26, 2015 1:10am
Quoting andySu
{quote} Tested 1213 then came back down.. Looks like it need to test 1215 above in order to trigger stops... Later on london open got german economic data.. will see if that can help...
Way it works is, trigger stops, pick up limits, then more stops from those who shorted the last leg up, and so on until stops run out and limit orders start showing up (no more sellers on the way up/ buyers on the way down). Then change direction, rinse and repeat...
  • #23,912
  • Feb 26, 2015 1:17am Feb 26, 2015 1:17am
Quoting goldngreen
{quote} Way it works is, trigger stops, pick up limits, then more stops from those who shorted the last leg up, and so on until stops run out and limit orders start showing up (no more sellers on the way up/ buyers on the way down). Then change direction, rinse and repeat...
Previous resistance around 1210.xx now becomes support. Question is, will it hold...if not, we keep going deeper and deeper until sufficient support (limit/ market buys) are found.
  • #23,913
  • Feb 26, 2015 1:20am Feb 26, 2015 1:20am
Quoting hyt-tony
{quote} Lost and long again @1204.87 with SL @1200.91
The last position moved SL to BE first!
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #23,914
  • Feb 26, 2015 2:12am Feb 26, 2015 2:12am
Quoting goldngreen
{quote} Previous resistance around 1210.xx now becomes support. Question is, will it hold...if not, we keep going deeper and deeper until sufficient support (limit/ market buys) are found.
closing my long.. It seems there is a great of difficulty passing 1213.. will sit on sidelines and watch..
  • #23,915
  • Feb 26, 2015 2:20am Feb 26, 2015 2:20am
closed 15% longs in gold, opened longs E/Y, oil and Ausssy...go go ...no sideways pls, enough, just up...
its just money
  • #23,916
  • Feb 26, 2015 2:34am Feb 26, 2015 2:34am
Quoting goldngreen
OK. It seems everyone is bored by the slow and confusing moves on xauusd. So I will stick my neck out and make a live $10 call for the remainder of the week, and a contingent call for the next one. Here we go: Today's close = 1205. I am calling that xauusd will retest at least 1215 (and possibly 1217) this week. Further, if it manages to close the week above 1218, it will likely test 1225 and possibly higher next week. If it closes the week below 1216, we will likely visit 1194 and possibly 118x next week. Of course, any high impact news throws...
Well, that did not quite wait for the weekend (1215)
  • #23,917
  • Feb 26, 2015 2:36am Feb 26, 2015 2:36am
Quoting goldngreen
{quote} Well, that did not quite wait for the weekend (1215)
  • #23,918
  • Feb 26, 2015 2:41am Feb 26, 2015 2:41am
@1215

A little volatility in North, but this won't kool down, will it?

I'll better watch.. instead of trading..

IF I can't understand PA.. I should not trade it..
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  • #23,919
  • Feb 26, 2015 2:45am Feb 26, 2015 2:45am
Quoting ClockTrader
@1215 A little volatility in North, but this won't kool down, will it? I'll better watch.. instead of trading.. IF I can't understand PA.. I should not trade it..
I would expect some retracement, at least to around 1210 if not deeper, if only to pick new limit orders...unless the big bad wolves decide to eat the big bad boys
  • #23,920
  • Feb 26, 2015 2:49am Feb 26, 2015 2:49am
Quoting goldngreen
{quote} I would expect some retracement, at least to around 1210 if not deeper, if only to pick new limit orders...unless the big bad wolves decide to eat the big bad boys
I don't think its coming down.. the new support has built up around 1209-10

NY session could see street crowded with Bulls..

last night's 12pm NY & 5pm NY fell on same page.. since then.. it's been climbing crazy..

Having hard time understanding what's going on, I'll stay away :-)

IF I can't understand it, I can't trade it.. period.
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