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Only Gold!

  • #24,281
  • Mar 7, 2015 7:35am Mar 7, 2015 7:35am
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  • #24,282
  • Mar 7, 2015 2:34pm Mar 7, 2015 2:34pm
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  • #24,283
  • Mar 8, 2015 7:24pm Mar 8, 2015 7:24pm
Quoting GoldNugget
All shorts are done at the moment,for at least until next week,it hit a 2month low so a rebound to 1180-1190 is estimated before continuing its downtrend.We've got the euro beginning its massive QE on monday 9th of March and the FOMC meeting on the 17th of March..As well that drop was a stoploss hunting drop nothing more..It is expected that it drops to the range to 1130 to 1120 before rebounding to 1300 levels..my 2 cents...
​This seems to be a good analysis. Not sure it will retrace that high...but certainly possible given some other news as well. Japan's GDP was not good, and Greece is still not out of the woods yet.
"The market can remain irrational longer than you can remain solvent"
  • #24,284
  • Mar 8, 2015 10:22pm Mar 8, 2015 10:22pm
I would like to see Euro session warm up before entering any trade..

In future as well, I'm not going to trade Asian session unless there is a compelling reason.

PS: Trade light & safe!
Hello World!
  • #24,285
  • Mar 9, 2015 3:43am Mar 9, 2015 3:43am
sell limit @ 1183, sl @ 1193, tp @ 1173
Current price: 1174.

Happy trading !!!
  • #24,286
  • Mar 9, 2015 3:45am Mar 9, 2015 3:45am
Awaiting volatility.. Until then, I thought I should while away time..
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  • #24,287
  • Mar 9, 2015 3:46am Mar 9, 2015 3:46am
Quoting phamnguyen
sell limit @ 1183, sl @ 1193, tp @ 1173 Current price: 1174. Happy trading !!!
Interesting call, worth watching..
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  • #24,288
  • Mar 9, 2015 3:50am Mar 9, 2015 3:50am
Reversal from the descending trend channel support and the oversold RSI suggest a mild pullback into the Gold prices towards testing $1200 mark again. However, lesser chances support a move above $1200.
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  • #24,289
  • Mar 9, 2015 4:01am Mar 9, 2015 4:01am
Good Analysis and hope to reach the target...
  • #24,290
  • Mar 9, 2015 7:06am Mar 9, 2015 7:06am
Quoting anton.olff
{quote} ​This seems to be a good analysis. Not sure it will retrace that high...but certainly possible given some other news as well. Japan's GDP was not good, and Greece is still not out of the woods yet.
Quoting phamnguyen
sell limit @ 1183, sl @ 1193, tp @ 1173 Current price: 1174. Happy trading !!!
Current climb could peak out during US session.. I don't know how far this will go, BUT, if there is a nice peak-out visible around/before 12pm NY*, I would like to sell with SL 20 - 30 away..

edit NY*
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  • #24,291
  • Mar 9, 2015 7:31am Mar 9, 2015 7:31am
Quoting ClockTrader
{quote} {quote} Current climb could peak out during US session.. I don't know how far this will go, BUT, if there is a nice peak-out visible around/before 12pm NY*, I would like to sell with SL 20 - 30 away.. edit NY*
On the contrary, IF bottom out takes place during US session.. I would think other way around..
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  • #24,292
  • Mar 9, 2015 8:57am Mar 9, 2015 8:57am
I've always loved this article & shared it here several times before & here I do it again:

http://www.learntotradethemarket.com...-forex-trading

Crocodiles are a trader’s best role model

  1. Crocs have a high strike-rate
  2. Crocodiles are good at avoiding risky situations; they learn fast
  3. Conserving energy for the next kill
  4. Crocodiles are highly adaptable

“Crocodile trading” should become a habit for you

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  • #24,293
  • Mar 9, 2015 9:44pm Mar 9, 2015 9:44pm
woooooh.. this thread has become so sleepy..

well.. maybe it's for good, things often happen for a good reason..
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  • #24,294
  • Mar 9, 2015 10:49pm Mar 9, 2015 10:49pm
I think its better now.. Now you need some good traders here to call levels and trades and systems etc..
Quoting ClockTrader
woooooh.. this thread has become so sleepy.. well.. maybe it's for good, things often happen for a good reason..
  • #24,295
  • Mar 9, 2015 10:54pm Mar 9, 2015 10:54pm
Quoting Xxavier
I think its better now.. Now you need some good traders here to call levels and trades and systems etc.. {quote}
Good traders who can give good calls with good win rate are like finding an oasis in a desert. On top of that, if we have good traders here, the member comes under huge burden as tens / hundreds fellas are watching him.. many of whom will flame him down.

There are many good reasons, good traders won't come forward here to share good calls.
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  • #24,296
  • Mar 9, 2015 10:59pm Mar 9, 2015 10:59pm
Quoting ClockTrader
{quote} Good traders who can give good calls with good win rate are like finding an oasis in a desert. On top of that, if we have good traders here, the member comes under huge burden as tens / hundreds fellas are watching him.. many of whom will flame him down. There are many good reasons, good traders won't come forward here to share good calls.
There is a dearth of good traders, not only here, but, everywhere.. numbers speak for themselves..
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  • #24,297
  • Mar 9, 2015 11:01pm Mar 9, 2015 11:01pm
@1161

testing a long with SL @ 1145

PS: currently in testing phase.. would be able to confirm this call after 1 - 2 hrs..
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  • #24,298
  • Mar 9, 2015 11:44pm Mar 9, 2015 11:44pm
Still have a ways to go, 1156 coming tonight, but just guessing.

Chart:

https://www.tradingview.com/x/K9VmwuDX/

Still hasn't tested support IMO
  • #24,299
  • Mar 9, 2015 11:55pm Mar 9, 2015 11:55pm
Quoting ClockTrader
@1161 testing a long with SL @ 1145 PS: currently in testing phase.. would be able to confirm this call after 1 - 2 hrs..
Long test from 1161
SL @ 1155

looks good to me..

Let's see..
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  • #24,300
  • Mar 10, 2015 12:30am Mar 10, 2015 12:30am
Testing this bottom-out on M15

PS: Clean & clear Bingo H1 cycle almost complete..
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