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  • #24,201
  • Mar 5, 2015 4:33am Mar 5, 2015 4:33am
looks like double dip pattern that had been followed this week had been achieved, looks like markets is going up from here hopefully.

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  • #24,202
  • Mar 5, 2015 5:40am Mar 5, 2015 5:40am
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Ro IMRAN Ro
  • #24,203
  • Mar 5, 2015 6:40am Mar 5, 2015 6:40am
Quoting kuroro001
Weird fall out of nowhere. I'll keep buying this nosense
MM's stops hunting. they are probably bull, buy lower=bigger profits.
PVSRA
  • #24,204
  • Mar 5, 2015 7:14am Mar 5, 2015 7:14am
PA in H1 time frame is pretty much ranging from early Asia session up until now. Scalper with proper TP is gaining profit today i think
  • #24,205
  • Mar 5, 2015 7:21am Mar 5, 2015 7:21am
Gold rising, Euro rising a bit, usdjpy breaking up

All is up, everything is diverging. Looks like correlation doesn't work anymore.

Everything acts on its own
COT: The precious data ignored
  • #24,206
  • Mar 5, 2015 7:23am Mar 5, 2015 7:23am
Quoting kuroro001
Gold rising, Euro rising a bit, usdjpy breaking up All is up, everything is diverging. Looks like correlation doesn't work anymore. Everything acts on its own
It is Big Money. GOLD up possible 1214. If break 1223 next resist.
  • #24,207
  • Mar 5, 2015 7:24am Mar 5, 2015 7:24am
Quoting kuroro001
Gold rising, Euro rising a bit, usdjpy breaking up All is up, everything is diverging. Looks like correlation doesn't work anymore. Everything acts on its own
Agree with you
  • #24,208
  • Mar 5, 2015 7:43am Mar 5, 2015 7:43am
Quoting kuroro001
Gold rising, Euro rising a bit, usdjpy breaking up All is up, everything is diverging. Looks like correlation doesn't work anymore. Everything acts on its own
YUp, and so boring last few days...going nowhere!
  • #24,209
  • Mar 5, 2015 8:03am Mar 5, 2015 8:03am
Quoting dcavar
{quote} YUp, and so boring last few days...going nowhere!
couldn't agree more..

this whole week has been rough & boring for me..
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  • #24,210
  • Mar 5, 2015 8:10am Mar 5, 2015 8:10am
Quoting ClockTrader
{quote} couldn't agree more.. this whole week has been rough & boring for me..
On the other hand, EUR is really fun
...just touched 1.100
  • #24,211
  • Mar 5, 2015 8:29am Mar 5, 2015 8:29am
Yes more fun with the Euro, but Draghi will always remain stupid, he can't do anything with the euro

Its not affecting Gold so far. Maybe once Euro rises back, it will drag Gold with it
COT: The precious data ignored
  • #24,212
  • Mar 5, 2015 9:32am Mar 5, 2015 9:32am
Above 1207, if it can stay up there, next is 1214 & 1223/4
COT: The precious data ignored
  • #24,213
  • Mar 5, 2015 9:35am Mar 5, 2015 9:35am
Quoting kuroro001
Above 1207, if it can stay up there, next is 1214 & 1223/4
I'm not riding this wave.. but feeling good.. the last signal I gave is 100% in line with this PA..
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  • #24,214
  • Mar 5, 2015 9:36am Mar 5, 2015 9:36am
Quoting kuroro001
Above 1207, if it can stay up there, next is 1214 & 1223/4
and yes.. this looks like going up..
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  • #24,215
  • Mar 5, 2015 9:36am Mar 5, 2015 9:36am
Quoting kuroro001
Above 1207, if it can stay up there, next is 1214 & 1223/4

Yes...volatility back!! U.S. factory orders, higher weekly U.S. unemployment...and perhaps growing consensus that FED will hold off longer before raising rates.

I am long from 1200 with first target of 1214...though I think it could go higher, maybe with some short covering for tomorrow's NFP. If that number disappoints...and I think it just might (bad weather being the usual excuse), we could see gold prices take off...
"The market can remain irrational longer than you can remain solvent"
  • #24,216
  • Mar 5, 2015 9:42am Mar 5, 2015 9:42am
Quoting anton.olff
{quote} Yes...volatility back!! U.S. factory orders, higher weekly U.S. unemployment...and perhaps growing consensus that FED will hold off longer before raising rates. I am long from 1200 with first target of 1214...though I think it could go higher, maybe with some short covering for tomorrow's NFP. If that number disappoints...and I think it just might (bad weather being the usual excuse), we could see gold prices take off...
Quoting kuroro001
Above 1207, if it can stay up there, next is 1214 & 1223/4
A little jump in price & here you guys get carried away.. you may be right about 1223 & take off etc.. BUT, I 100% disagree, at this juncture at least..

@ 1208-09
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  • #24,217
  • Mar 5, 2015 9:52am Mar 5, 2015 9:52am
Quoting anton.olff
{quote} Yes...volatility back!! U.S. factory orders, higher weekly U.S. unemployment...and perhaps growing consensus that FED will hold off longer before raising rates. I am long from 1200 with first target of 1214...though I think it could go higher, maybe with some short covering for tomorrow's NFP. If that number disappoints...and I think it just might (bad weather being the usual excuse), we could see gold prices take off...
It will be a pain in the ass for Gold to rise it seems.

Still holding longs, but i may look to bail soon...maybe near 1213/14 like you said.

I was expecting a smooth move up, but it already found sellers on lower tf
COT: The precious data ignored
  • #24,218
  • Mar 5, 2015 9:53am Mar 5, 2015 9:53am
Quoting ClockTrader
{quote} {quote} A little jump in price & here you guys get carried away.. you may be right about 1223 & take off etc.. BUT, I 100% disagree, at this juncture at least.. @ 1208-09

Indeed, a lot of resistance in this region...but I am taking a calculated risk...and hope trying hard not to get carried away. Earlier in the day, I was hedging...but now see gold going up before coming down. I could be wrong...but I am in a low risk long.
"The market can remain irrational longer than you can remain solvent"
  • #24,219
  • Mar 5, 2015 9:57am Mar 5, 2015 9:57am
Quoting anton.olff
{quote} Indeed, a lot of resistance in this region...but I am taking a calculated risk...and hope trying hard not to get carried away. Earlier in the day, I was hedging...but now see gold going up before coming down. I could be wrong...but I am in a low risk long.
It has certainly not peaked out yet

@1205
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  • #24,220
  • Mar 5, 2015 10:34am Mar 5, 2015 10:34am
If it doesn't rise up from here, it should head all the way back down to new lows and i'll target 1182/3

1203,xx is the key now
COT: The precious data ignored
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