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  • #24,921
  • Apr 1, 2015 7:37am Apr 1, 2015 7:37am
Quoting Nitsan_Levi
{quote} I still wait for the stop or the take profit... And now I add more 1 long... Price build very nice Gartley pattern for long GL HF {image}

  • #24,922
  • Apr 1, 2015 7:56am Apr 1, 2015 7:56am
just keep adding shorts ... gold gives up all gains when it spikes 99% of the time
  • #24,923
  • Apr 1, 2015 7:56am Apr 1, 2015 7:56am
I closed my shorts for profit...which is something I have not done too often lately. Might see a breakout to 1220, but will likely add shorts as ADP figure may not be a good indicator of NFP.
"The market can remain irrational longer than you can remain solvent"
  • #24,924
  • Apr 1, 2015 8:02am Apr 1, 2015 8:02am
Quoting Stockman
just keep adding shorts ... gold gives up all gains when it spikes 99% of the time
now it is good place to short, but I am not doing it, because overall picture I have long in my mind, to 1300,
we`ll see

why are you short biased , what`s your reasoning for shorts?
  • #24,925
  • Apr 1, 2015 8:41am Apr 1, 2015 8:41am
Quoting Nitsan_Levi
{quote} Ok Position in... lets see what will happent... GL HF {image}

Out in Take Profit !!
  • #24,926
  • Apr 1, 2015 9:08am Apr 1, 2015 9:08am
Quoting juhanimi
{quote} now it is good place to short, but I am not doing it, because overall picture I have long in my mind, to 1300, we`ll see why are you short biased , what`s your reasoning for shorts?
Given weak ADP and ISM, we might see PA stretch to 1288-1300. NFP on Friday could be decisive. Even so, I would think this is at or near top of extended range, and an even better place to short than current price levels. Gold is more likely to be 1100 at the end of 2015, than above 1200
"The market can remain irrational longer than you can remain solvent"
  • #24,927
  • Apr 1, 2015 9:10am Apr 1, 2015 9:10am
Quoting Nitsan_Levi
{quote} Position on profit and look good...hold it.. GL HF

Thanks, : )) that was good warning to get out of bearish scalp mode...
  • #24,928
  • Apr 1, 2015 9:10am Apr 1, 2015 9:10am
anton.olff
yeah, more bullish than I had thought
  • #24,929
  • Apr 1, 2015 9:18am Apr 1, 2015 9:18am
Quoting anton.olff
{quote} Given weak ADP and ISM, we might see PA stretch to 1288-1300. NFP on Friday could be decisive. Even so, I would think this is at or near top of extended range, and an even better place to short than current price levels. Gold is more likely to be 1100 at the end of 2015, than above 1200
I highly doubt gold is going to print new multi year lows anymore, if the massive spike in dollar index couldn't take down gold then nothing will. I got back in today at 1188, made a big mistake by bailing out too soon at 1172 the other day.
"Where you want to be is always in control, never wishing, always trading.
  • #24,930
  • Apr 1, 2015 9:25am Apr 1, 2015 9:25am
Quoting Spec_And
{quote} I highly doubt gold is going to print new multi year lows anymore, if the massive spike in dollar index couldn't take down gold then nothing will. I got back in today at 1188, made a big mistake by bailing out too soon at 1172 the other day.
when did gold reach 1172?

i was short from 1180 waiting for 1170, never saw gold come down beyond 1178
  • #24,931
  • Apr 1, 2015 9:30am Apr 1, 2015 9:30am
Quoting babaz7
{quote} when did gold reach 1172? i was short from 1180 waiting for 1170, never saw gold come down beyond 1178
"The other day", not today.

http://www.forexfactory.com/showthre...6397&page=1233

It was a long that I took from 1147, got out at 1172, prematurely.
"Where you want to be is always in control, never wishing, always trading.
  • #24,932
  • Apr 1, 2015 9:39am Apr 1, 2015 9:39am
Quoting Spec_And
{quote} "The other day", not today. http://www.forexfactory.com/showthre...6397&page=1233 It was a long that I took from 1147, got out at 1172, prematurely.
oh sorry, i thought "other day" meant yesterday or day after yesterday.
  • #24,933
  • Edited 11:01am Apr 1, 2015 10:43am | Edited 11:01am
Used this system to trade today's news. At BBsqueeze put 2 horizontal lines. When price breached the lines upwards and other indicators were in accordance (ADX rising; green Sto. going over 50) I entered.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.M5.png Size: 108 KB
Per aspera ad astra
  • #24,934
  • Apr 1, 2015 11:20am Apr 1, 2015 11:20am
Quoting juhanimi
anton.olff yeah, more bullish than I had thought
More bullish than I thought too (especially after last week's COT report), but hey, better to short from a higher position. I still believe we'll see lower levels later this year. In the meantime, we might see a continued short term (1-3 months) price rise if NFP meets expectations (diminishing expectations?) and especially with a lot of mushy weak U.S. economic numbers (Zerohedgers delight), plus we have Greece debacle looming in the background.
"The market can remain irrational longer than you can remain solvent"
  • #24,935
  • Apr 1, 2015 11:20am Apr 1, 2015 11:20am
I will scalp both longs and shorts for now, but as prices go higher, will start to build up longer term shorts.
"The market can remain irrational longer than you can remain solvent"
  • #24,936
  • Apr 1, 2015 11:41am Apr 1, 2015 11:41am
BOOM! TP hit 1/2 lots closed and remaining 1/2 lots SL moved to BE...let's see how far this rabbit hole goes.
Less is more...
  • #24,937
  • Apr 2, 2015 1:23am Apr 2, 2015 1:23am
I don't know why but I have seen around 1170 on gold very very quickly. In my Dreams. Last night. And when I dream about forex, it is the True. Let's see.
  • #24,938
  • Apr 2, 2015 2:36am Apr 2, 2015 2:36am
Quoting bagXpert
I don't know why but I have seen around 1170 on gold very very quickly. In my Dreams. Last night. And when I dream about forex, it is the True. Let's see.
Yea.. let's see :-)
Hello World!
  • #24,939
  • Apr 2, 2015 2:44am Apr 2, 2015 2:44am
good morning/afternoon,

gold will raise again during the UK and US session as of +ve divergence and fib levels
Attached Image (click to enlarge)
Click to Enlarge Name: gol.PNG Size: 28 KB
  • #24,940
  • Apr 2, 2015 2:59am Apr 2, 2015 2:59am
could you explain the positive divergence
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