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  • #24,501
  • Mar 13, 2015 9:08am Mar 13, 2015 9:08am
Quoting kuroro001
Okay it couldn't rise, shorts are too strong. Still not in, and its the week end soon, i may call it a day
Unable to control the temptation.. took some profit off the shorts..
Hello World!
  • #24,502
  • Mar 13, 2015 9:10am Mar 13, 2015 9:10am
Quoting ClockTrader
{quote} Unable to control the temptation.. took some profit off the shorts..
OKay.. whatever I could grab

Sell 1,159.895
Closed @ 1,155.62

Gain: 0.3%

as visible in TE
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  • #24,503
  • Mar 13, 2015 9:13am Mar 13, 2015 9:13am
Quoting ClockTrader
{quote} OKay.. whatever I could grab Sell 1,159.895 Closed @ 1,155.62 Gain: 0.3% as visible in TE
Can't see strong bulls, but taking profits is always a good thing
COT: The precious data ignored
  • #24,504
  • Mar 13, 2015 9:14am Mar 13, 2015 9:14am
Quoting hamidshah.pk
Yesterday and Today we got -ve numbers and prices are not going high. May be it is the impact of upcoming FOMC. Whole thing is looking very fishy.
'F' For Forex
and
'F' for Fishy

This whole thing is not what it appears..
It shows going down.. but, is actually going up and ....^&8(*&^5^&8(*76
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  • #24,505
  • Mar 13, 2015 9:16am Mar 13, 2015 9:16am
Quoting ClockTrader
{quote} 'F' For Forex and 'F' for Fishy This whole thing is not what it appears.. It shows going down.. but, is actually going up and ....^&8(*&^5^&8(*76
and yea.. 'F' for Freaky PA on 'F' for Fridays to F... .......
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  • #24,506
  • Mar 13, 2015 9:26am Mar 13, 2015 9:26am
Quoting ClockTrader
{quote} I don't think we are going to see prices like 1188 in near future.. let alone above 1200 Price should dip down to 1100 levels, a bounce rally from there... until 1150-60 and 1170-80 tops.. then back to 1000 -- 1100 Late this year in Dec-Jan, yes, we may get to see 1200 level

I am not sure about that. Nonetheless, I plan to add shorts at higher levels. If it doesn't make it to 1188, so be it...but I wouldn't discount it just yet. 1188 is near the top of the trend line and within a daily trading range.
"The market can remain irrational longer than you can remain solvent"
  • #24,507
  • Mar 13, 2015 9:31am Mar 13, 2015 9:31am
...and Greece and the EU are not out of the woods yet. They just gave negotiations more time, but a Greek surprise could roil markets.
"The market can remain irrational longer than you can remain solvent"
  • #24,508
  • Mar 13, 2015 9:33am Mar 13, 2015 9:33am
Quoting anton.olff
...and Greece and the EU are not out of the woods yet. They just gave negotiations more time, but a Greek surprise could roil markets.
I think no matter what happens, Gold is due to a big fall to attract buyers.

We'll know more with FOMC
COT: The precious data ignored
  • #24,509
  • Mar 13, 2015 9:42am Mar 13, 2015 9:42am
Quoting kuroro001
{quote} I think no matter what happens, Gold is due to a big fall to attract buyers. We'll know more with FOMC
Agreed.
"The market can remain irrational longer than you can remain solvent"
  • #24,510
  • Mar 13, 2015 9:49am Mar 13, 2015 9:49am
Quoting anton.olff
{quote} I am not sure about that. Nonetheless, I plan to add shorts at higher levels. If it doesn't make it to 1188, so be it...but I wouldn't discount it just yet. 1188 is near the top of the trend line and within a daily trading range.
Yea, I may be wrong.. whatever.. time will tell.. but, that's what my view is..

12pm NY may bring a top on the table.. today is Friday.. Let's see..
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  • #24,511
  • Mar 13, 2015 10:23am Mar 13, 2015 10:23am
@1152

won't be surprised if price bounces from here..
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  • #24,512
  • Mar 13, 2015 10:47am Mar 13, 2015 10:47am
Gonna call it a day now..

Wish you all a great weekend ahead!
Hello World!
  • #24,513
  • Mar 13, 2015 11:18am Mar 13, 2015 11:18am
I was out checking out the lantern festival tonight.. so I missed a lot of the action.. I took a small short.. but it hit my stop for a 40 cent profit... ha! But better than negative.

Recently I see some people talking about volume spread analysis.. I looked into that over a year ago, but I just don't get it. I understand how the spread price can widen during times of low liquidity. However, even during the Euro and US session.. if there is a bank holiday for one of those big countries then low liquidity.

I understand how volume is used on the stock market though.

I still feel that price action is the king though. However it is not always easy to read so perfectly. However, the more I learn, the more I realize that the markets are not as random and I have previously thought. I do feel that finding zones that represent both support and resistance combined with supply and demand zones make it much less difficult to forecast the direction of the market. I am still learning.. I am on the 50 year learning plan.. lol... One thing that I feel that is helpful is looking for momentum and depth.... those are good ways of recognizing bull or bear's strength or weakness. Anyways... as I mentioned.. I am still learning. I don't have the confidence to make super accurate calls yet.. but hopefully I can increase my call accuracy in time. I hope everyone makes lots of pips..

Luck has no place in trading. Leave that for the poker table.
  • #24,514
  • Mar 13, 2015 12:57pm Mar 13, 2015 12:57pm
Quoting ClockTrader
Gonna call it a day now.. Wish you all a great weekend ahead!
hello bro

yeah gold days seems work few hrs then disappear.. but its come back soon ... try to be on with you next week

gold is going to break 20 $ down next week .
  • #24,515
  • Mar 13, 2015 3:36pm Mar 13, 2015 3:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 54 KB


Megaphone bottom for next week, this is bullish IMO
  • #24,516
  • Edited 4:21pm Mar 13, 2015 3:40pm | Edited 4:21pm
Looking to go LONG silver & SHORT gold next week.
Long-term Gold/Silver ratio chart below.
Current Ratio = 74 Chart is a bit delayed.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Gold-Silver.1.png Size: 42 KB
Click to Enlarge Name: Gold vs. Silver Ratio.jpg Size: 46 KB
  • #24,517
  • Mar 13, 2015 3:51pm Mar 13, 2015 3:51pm
Quoting ClockTrader
{quote} IF the price doesn't go up further.. this may descend.. staying conservative sounds like need of the hr.. I have been thinking about a chat room too.. actually an instant way to deliver more signals.. email can be slow and not that effective.. Any advise would be appreciated..
Well, you could always use http://www.phpfreechat.net/download - can install it on your computer and create a local server, or host it on the web...
It's a free php based chat room, or you could just start a board on investors hub, I like that place, been going there since 2000's

You could get a lot more exposure on investors hub, I currently visit "goldbugs" chatroom often.

There are many real time solutions available.
http://www.chatzy.com/

Or you can back to the classic - http://www.mirc.com/
  • #24,518
  • Mar 13, 2015 4:03pm Mar 13, 2015 4:03pm
Charts below show how far price needs to go with a 50% rise.
Silver seems a better bet to get the 50% rise first IMHO.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XAGUSD!Weekly.png Size: 33 KB
Click to Enlarge Name: XAUUSD!Weekly.png Size: 35 KB
  • #24,519
  • Mar 13, 2015 10:42pm Mar 13, 2015 10:42pm
Quoting Stockman
{image} Megaphone bottom for next week, this is bullish IMO
I agree with your view.. Monday could see price climbing.. I would confirm my view on Mon..

Your post looks so clean and adorable now
Hello World!
  • #24,520
  • Mar 13, 2015 10:45pm Mar 13, 2015 10:45pm
Quoting Stockman
{quote} Well, you could always use http://www.phpfreechat.net/download - can install it on your computer and create a local server, or host it on the web... It's a free php based chat room, or you could just start a board on investors hub, I like that place, been going there since 2000's You could get a lot more exposure on investors hub, I currently visit "goldbugs" chatroom often. There are many real time solutions available. http://www.chatzy.com/ Or you can back to the classic - http://www.mirc.com/
Thanks for these ideas mate.. We actually, badly need a chat room..

I need this where I could send my signals.. (more free signals.. in addition to email)

I'll work on all these option this weekend or next week and will surely setup something kool..

I'll check investors hub too

Thanks again for the inputs..
Hello World!
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