Only Gold! | Page 1233 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Journal (only my take) 433 replies

Trading gold and silver only 59 replies

An idea for building wealth...using only gold 9 replies

GOLD traders only 90 replies

Attachments: Only Gold!
Exit Attachments

Only Gold!

  • #24,641
  • Edited 1:26pm Mar 18, 2015 1:07pm | Edited 1:26pm
That's it - all fixed, FED removed word "Patience" only that alone was enough for Dow Jones monkey rally..

Now waiting for LONDON to sell again What a joke this Market is.. At least GOLD is up, which is good.


900 yet? wrong direction
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #24,642
  • Mar 18, 2015 1:24pm Mar 18, 2015 1:24pm
Quoting Spec_And
Hello how's everyone doing these days? Not too bad I hope. Anyway I just took a long at 1147 after a long hiatus from gold, SL is at 1130 (which would represent a new multi year low). I took a look at the most recent COT and it appears that large specs have once again capitulated, non-commercial net longs are at their lowest since Nov last year so this is a good sign for the bulls. Of course the fact that today's down move failed doesn't hurt the bull case. Good luck everyone.
Exited at 1172. +$25 on this trade. Got to thank the fed for this.
"Where you want to be is always in control, never wishing, always trading.
  • #24,643
  • Mar 18, 2015 1:26pm Mar 18, 2015 1:26pm
Quoting SkyzerFX
{quote} As GOLD not moving now good Idea to place Buy Stop and Sell Stop within 4-5$ of the current price with 4-5$ Take profit..
Nice calls..
well done
i just watch every single word from you
Forex as Leverage
  • #24,644
  • Mar 18, 2015 1:32pm Mar 18, 2015 1:32pm
Quoting FXRobert
I am long.
Action shakeout reaction today
  • #24,645
  • Mar 18, 2015 1:35pm Mar 18, 2015 1:35pm
Might see another spike during Yellen talk..and will be patient before adding more shorts.
"The market can remain irrational longer than you can remain solvent"
  • #24,646
  • Mar 18, 2015 1:50pm Mar 18, 2015 1:50pm
What A Day !!! its a stormy rainy Day ............................
  • #24,647
  • Mar 18, 2015 2:23pm Mar 18, 2015 2:23pm
Yellen is essentially stating that inflation is below expectations and likely to remain so...but that will not prevent them from increasing rates (just the rate of the increases) as the Fed needs to be forward thinking. If rates are going up due to improving labor market, and inflation below expectations, gold is more likely to decline in value as an inflation hedge.
"The market can remain irrational longer than you can remain solvent"
  • #24,648
  • Mar 18, 2015 2:28pm Mar 18, 2015 2:28pm
Maybe another spike to take out stops, but look out below. Time to sell into Wall Street's mad money S&P rally as well...
"The market can remain irrational longer than you can remain solvent"
  • #24,649
  • Mar 18, 2015 2:54pm Mar 18, 2015 2:54pm
Quoting SkyzerFX
That's it - all fixed, FED removed word "Patience" only that alone was enough for Dow Jones monkey rally.. Now waiting for LONDON to sell again What a joke this Market is.. At least GOLD is up, which is good. 900 yet? wrong direction
Are you for real ? You would have expected 900 today ?

Give it time...and keep dreaming on your 2000

But congrats dude, you got new suscribers because you had one good call

I'm out of here, good luck
COT: The precious data ignored
  • #24,650
  • Mar 18, 2015 3:10pm Mar 18, 2015 3:10pm
Dollar flash crashed vs the EUR today, looks like a lot of people got caught on the wrong side and are trying to exit a very small door.
"Where you want to be is always in control, never wishing, always trading.
  • #24,651
  • Mar 18, 2015 3:14pm Mar 18, 2015 3:14pm
Quoting Spec_And
Dollar flash crashed vs the EUR today, looks like a lot of people got caught on the wrong side and are trying to exit a very small door.
Huge move as EUR/USD was oversold...but 1.10 is a nice spot for shorts!
"The market can remain irrational longer than you can remain solvent"
  • #24,652
  • Mar 18, 2015 3:18pm Mar 18, 2015 3:18pm
Quoting anton.olff
{quote} Huge move as EUR/USD was oversold...but 1.10 is a nice spot for shorts!
Yeah the move tagged the down trend channel line @ 1.105 actually.
"Where you want to be is always in control, never wishing, always trading.
  • #24,653
  • Mar 18, 2015 3:32pm Mar 18, 2015 3:32pm
Quoting Spec_And
{quote} Yeah the move tagged the down trend channel line @ 1.105 actually.
I would have loved to add shorts there...but my account is stretched. The FED talked down the dollar while preparing for actions that will strengthen it. If U.S. UE claims come in at or less than expected, could see USD strengthen again.
"The market can remain irrational longer than you can remain solvent"
  • #24,654
  • Mar 18, 2015 3:58pm Mar 18, 2015 3:58pm
Quoting anton.olff
Yellen is essentially stating that inflation is below expectations and likely to remain so...but that will not prevent them from increasing rates (just the rate of the increases) as the Fed needs to be forward thinking. If rates are going up due to improving labor market, and inflation below expectations, gold is more likely to decline in value as an inflation hedge.

It's clear enough that FED and US.CORP will not survive with such Dollar Exchange rate.

FED desperately need to Inflate DEBT! As for GOLD it's still under control, I think I have to re-valuate what happens

tomorrow, but as far as I can see EUR and GBP (cable) are flying and GOLD still under CAP.. In this environment GOLD should shoot up $70 at least

not some stinking $20-25.. This Entire Casino is totally f*d up.. But heck gotta, play the game.. I'll still Sell the LONDON Open on Thu..

GOLD still performs poorly.. Let them play for now... Afteralll FED needs to WIN the Currency War, and so far they are falling behind..

And they will win it, eventually.. With such DEBT there is no other way around.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #24,655
  • Mar 18, 2015 4:04pm Mar 18, 2015 4:04pm
Quoting Chanlie
{quote} Nice calls.. well done i just watch every single word from you
Thank you, I'll try my best..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #24,656
  • Mar 18, 2015 9:49pm Mar 18, 2015 9:49pm
Quoting SkyzerFX
{quote} This thread is SHORT you can run a test. And who the heck LONG GOLD while FOMC anyways.. Go check History Pool out 2 years worth of data and look how GOLD was performing while FOMC BS.. You'll see.
If this thread is short.. what does that mean?

Gold will fall or shoot?
Hello World!
  • #24,657
  • Mar 18, 2015 10:03pm Mar 18, 2015 10:03pm
Quoting SkyzerFX
{quote} This thread is SHORT you can run a test. And who the heck LONG GOLD while FOMC anyways.. Go check History Pool out 2 years worth of data and look how GOLD was performing while FOMC BS.. You'll see.
I don't trade news.. so I would be least interested in seeing how FOMC has worked over the last 2 yrs..
Hello World!
  • #24,658
  • Mar 18, 2015 11:46pm Mar 18, 2015 11:46pm
Quoting ClockTrader
{quote} I don't trade news.. so I would be least interested in seeing how FOMC has worked over the last 2 yrs..
ya, the india gold bond is way more interesting than some FOMC. seriously the China import data hold more weight than some FOMC release.

http://www.bulliondesk.com/gold-news...-scheme-90832/
  • #24,659
  • Mar 19, 2015 12:33am Mar 19, 2015 12:33am
Quoting ohguowei
{quote} ya, the india gold bond is way more interesting than some FOMC. seriously the China import data hold more weight than some FOMC release. http://www.bulliondesk.com/gold-news...-scheme-90832/
Mate, I don't know anything about bonds or other Chinese data.. Like I said, I don't trade news.

On other note:
India and China consume two Lion's share when it comes to physical Gold consumption. Demand in India goes through roof in winters due to ancient festivals here..

My seasons are based on festivals and could be co-related.. let's not forget Golden seasons have not been working on the long front.. but on the short front.. look good.

@1172
Price is sitting on H1-H4 peak.. On a broad level, my sentiment remains bearish.. I don't see this flying way high from here..

I shall have a clear view once Euro session gears up..
Hello World!
  • #24,660
  • Mar 19, 2015 1:45am Mar 19, 2015 1:45am
Here are a couple of charts in support of my view..

Quoting ClockTrader
{quote} Mate, I don't know anything about bonds or other Chinese data.. Like I said, I don't trade news. On other note: India and China consume two Lion's share when it comes to physical Gold consumption. Demand in India goes through roof in winters due to ancient festivals here.. My seasons are based on festivals and could be co-related.. let's not forget Golden seasons have not been working on the long front.. but on the short front.. look good. @1172 Price is sitting on H1-H4 peak.. On a broad level, my sentiment remains bearish.. I don't see...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: h1.PNG Size: 17 KB
Click to Enlarge Name: h4.PNG Size: 16 KB
Hello World!
10 traders viewing now