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Only Gold!

  • #24,461
  • Mar 13, 2015 4:44am Mar 13, 2015 4:44am
Quoting ClockTrader
{quote} Mate, I love your calls, but, don't like the way you use SL 4-5 $s away.. this can be too risky..
I always use 5 dollars SL, max is 7 dollars

If you trade lower TF you can easily do it
COT: The precious data ignored
  • #24,462
  • Mar 13, 2015 4:47am Mar 13, 2015 4:47am
Quoting kuroro001
{quote} No indicators, indicators lag I only use volume and price action
How do you measure volume? Any charts? Don't share if you don't want to..
Hello World!
  • #24,463
  • Mar 13, 2015 4:49am Mar 13, 2015 4:49am
Quoting kuroro001
{quote} I always use 5 dollars SL, max is 7 dollars If you trade lower TF you can easily do it
I can use that too.. I have even shared great calls with SL as low as few $s here..

but, the price is jittery and unpredictable right now.. this is not the time to use SL $5 away IMO
Hello World!
  • #24,464
  • Mar 13, 2015 4:51am Mar 13, 2015 4:51am
Quoting ClockTrader
{quote} How do you measure volume? Any charts? Don't share if you don't want to..
I use tick volume, the same as you do.

Some may say its pretty useless, but i couldn't trade without it. Its pretty efficient actually...couples with the PA (reversal candles, hammer, etc..) Its the best tool ever

I don't even look at support/Resistance areas trading this way
COT: The precious data ignored
  • #24,465
  • Mar 13, 2015 4:51am Mar 13, 2015 4:51am
Price can hop $5-7 in any direction IMO..

Awaiting a peakout on VVSA.. to add shorts..
Attached Image (click to enlarge)
Click to Enlarge Name: ss1.PNG Size: 28 KB
Hello World!
  • #24,466
  • Mar 13, 2015 4:52am Mar 13, 2015 4:52am
Quoting kuroro001
{quote} I use tick volume, the same as you do. Some may say its pretty useless, but i couldn't trade without it. Its pretty efficient actually...couples with the PA (reversal candles, hammer, etc..) Its the best tool ever I don't even look at support/Resistance areas trading this way
Yea, very interesting.. what platform? what tools? never used vols at tick levels..

I just rely on VVSA on MT4 (indi: better volume)
Hello World!
  • #24,467
  • Mar 13, 2015 5:01am Mar 13, 2015 5:01am
Quoting ClockTrader
{quote} Yea, very interesting.. what platform? what tools? never used vols at tick levels.. I just rely on VVSA on MT4 (indi: better volume)
Any mt4 plateform, i use Activetrades, they seem to have relevant volume datas.

Otherwise better volume is the same as tick. The difference is the color to know if its a stopping volume, no demand/supply, etc..
COT: The precious data ignored
  • #24,468
  • Mar 13, 2015 5:56am Mar 13, 2015 5:56am
I'm out, not much profit, but I don't like how 1155 is holding up...bottom here for now...I'm done for the day I guess
  • #24,469
  • Mar 13, 2015 5:59am Mar 13, 2015 5:59am
Quoting ClockTrader
{quote} Mate, I love your calls, but, don't like the way you use SL 4-5 $s away.. this can be too risky..
Thank man, I have too much emotion, scared to lose the bet...
USD channel...I'm confused as to where this is going, any ideas? PPi coming, not sure if it'll move, only seems to be employment numbers that move gold these days

https://www.tradingview.com/x/l2z9s10W/
  • #24,470
  • Mar 13, 2015 6:03am Mar 13, 2015 6:03am
I got out just in time before that spike...

Rejected again?

https://www.tradingview.com/x/P5kU6RDb/
  • #24,471
  • Mar 13, 2015 6:06am Mar 13, 2015 6:06am
Breakout soon.
Attached Image
  • #24,472
  • Mar 13, 2015 7:03am Mar 13, 2015 7:03am
Quoting Renova
Breakout soon. {image}
I'd hold a could of hours and look for short oppotunity.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #24,473
  • Mar 13, 2015 7:07am Mar 13, 2015 7:07am
Quoting Stockman
{quote} Thank man, I have too much emotion, scared to lose the bet... USD channel...I'm confused as to where this is going, any ideas? PPi coming, not sure if it'll move, only seems to be employment numbers that move gold these days https://www.tradingview.com/x/l2z9s10W/
Its equally confusing for me as well.. I'm awaiting a small peakout on M5-M15.. if it's there I would add a short..

You can hit me up in chat if you feel like..
Hello World!
  • #24,474
  • Mar 13, 2015 7:23am Mar 13, 2015 7:23am
Quoting ClockTrader
{quote} Its equally confusing for me as well.. I'm awaiting a small peakout on M5-M15.. if it's there I would add a short.. You can hit me up in chat if you feel like..
I think I'm going to wait for this news effect to take place..

On a broad level my view remains short, so, I would wait for a peakout.. if there.. hope I can catch it..
Attached Image
Hello World!
  • #24,475
  • Mar 13, 2015 7:26am Mar 13, 2015 7:26am
PPi leak? or just bull trap

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

It's back in my channel for now
  • #24,476
  • Mar 13, 2015 7:27am Mar 13, 2015 7:27am
USD top in, reversing?

https://www.tradingview.com/x/BEdonWIS/
  • #24,477
  • Mar 13, 2015 7:27am Mar 13, 2015 7:27am
Quoting Stockman
PPi leak? or just bull trap https://www.tradingview.com/x/FWLxLOyZ/ It's back in my channel for now
Sounds like a good rise. I may temporary buy a dip. Unless it rises before i can get in. Or short higher for FOMC
COT: The precious data ignored
  • #24,478
  • Mar 13, 2015 7:32am Mar 13, 2015 7:32am
Man, another big miss for the USA, consistently missing the numbers...no reaction from gold? USD is loved too much
  • #24,479
  • Mar 13, 2015 7:33am Mar 13, 2015 7:33am
Is there a live IRC style chatroom out there for this?
  • #24,480
  • Mar 13, 2015 7:36am Mar 13, 2015 7:36am
Shitty reaction again from gold....not sure what to do here...it seems like no news is moving it, the only thing that moves it is only when employment numbers hit gold tanks.
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