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  • #25,061
  • Apr 8, 2015 9:06pm Apr 8, 2015 9:06pm
Been a while, Karpa. How you been mate.


Quoting Karpa
{quote} Mitchoss nice to see you
  • #25,062
  • Apr 8, 2015 9:08pm Apr 8, 2015 9:08pm
i feel We have a way to fall mate. It's uncertain if we are range bound between 1180 and 1220 or going to dip deeper on this drop. Time will tell but that is what I'm waiting for.

I personally welcome a brutal sell off because the bounces are an EASY money grab.


Quoting Karpa
{quote} fibo says bounce to 1210 (50%) or 1213 (61.8%) edit: but i'm not taking this trade
  • #25,063
  • Apr 9, 2015 1:06am Apr 9, 2015 1:06am
It is time to turn up again, now or never, lol.
  • #25,064
  • Apr 9, 2015 1:08am Apr 9, 2015 1:08am
I will looking to buy at 1189...
  • #25,065
  • Apr 9, 2015 3:45am Apr 9, 2015 3:45am
Quoting Mitchoss
i feel We have a way to fall mate. It's uncertain if we are range bound between 1180 and 1220 or going to dip deeper on this drop. Time will tell but that is what I'm waiting for. I personally welcome a brutal sell off because the bounces are an EASY money grab. {quote}
You were right it's selling

All good here thanks
  • #25,066
  • Apr 9, 2015 3:51am Apr 9, 2015 3:51am
if this is a buyers day, 1208 is place where is maybe some action
  • #25,067
  • Apr 9, 2015 4:05am Apr 9, 2015 4:05am
HI Guys,

there is no rate increase on dollar

http://www.bloomberg.com/news/videos...5-blanchflower
  • #25,068
  • Apr 9, 2015 4:16am Apr 9, 2015 4:16am
Quoting Waitnsee
hedging is not optimmum trading for sure - it is a head ache but has a place eg i shorted at 182 few days back last week, price ran up when i wasnt looking [my mistake] i could of taken a 1k loss, but i went long on a hedge, let that go up took some profit, looked for price to return down, today it went as low as 197, then i put my second hedge in at 1205, long, if prices falls down to 182 and long isnt activated, im zero loss with gain, as it happens i am activated, so i will wait for big move one direction, close and start process over its not...
it's not as easy as it sounds, what if price spikes up after you close your longs, you may end up with bigger gap each time you get rid of a leg.
  • #25,069
  • Apr 9, 2015 8:02am Apr 9, 2015 8:02am
I think this baby is going to keep dropping further from here...the retracement seems to have lost steam.
Less is more...
  • #25,070
  • Apr 9, 2015 8:14am Apr 9, 2015 8:14am
Based upon current economic news-U.S. unemployment claims, Greece payment, the USD is likely to move broadly higher. I have 2 shorts open from 1202 (should not have closed my 2 previous shorts, but sometimes better to take loss quickly)...with first target of 1188. If PA breaks 1180 today or tomorrow, we could see retrace all the way to 1165-1170 area.
"The market can remain irrational longer than you can remain solvent"
  • #25,071
  • Apr 9, 2015 8:40am Apr 9, 2015 8:40am
Quoting ajantala
I think this baby is going to keep dropping further from here...the retracement seems to have lost steam.
This is so absurd, GOLD must drop because of FED might hike rate to 0.25%? This is complete BS!

GOLD Trippe from $300 to $900 in 2004-2007, while I was getting 6% Yield in my Saving account.

Any reason is used to Knock GOLD down, whatever it is, - extra few Jobs or FOMC or Rate Hike Jawboning.

Anyways 200 LOW + 1900 High= 2100 / 2 (50% OFF) = 1050.. That's only 180$ from here and Upside is Unlimited.

Yeah, speaking about Risk:Reward. Not trading now.. Tomorrow is Friday so it's probably wise to SELL any pop.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #25,072
  • Apr 9, 2015 8:44am Apr 9, 2015 8:44am
could be buying again, same place, we`ll see
  • #25,073
  • Apr 9, 2015 8:53am Apr 9, 2015 8:53am
Ones Market collapses, (only matter of time) GOLD will fly again.

So far they keep inflating that Equity bubble, but we are close to it, just need little pinch,

"Grexit" should do it
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #25,074
  • Apr 9, 2015 11:42am Apr 9, 2015 11:42am
Quoting heispark
{quote} Great! I already liquidated with +60 pips. After some pull-back, it may go up much higher. {image} I am looking for reentry....
XAUEUR reignited.... May go up far higher...
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25,075
  • Apr 9, 2015 11:47am Apr 9, 2015 11:47am
Quoting anton.olff
Based upon current economic news-U.S. unemployment claims, Greece payment, the USD is likely to move broadly higher. I have 2 shorts open from 1202 (should not have closed my 2 previous shorts, but sometimes better to take loss quickly)...with first target of 1188. If PA breaks 1180 today or tomorrow, we could see retrace all the way to 1165-1170 area.
I have very similar view of gold too for short-term. Even this kind of weak data failed to push gold up, contrary to our earlier expectations. I agree with SkyzerFX that Equity bubble is inflating, but we also need to see some economic improvements worldwide to see stronger currencies before we see any signs of bubble burst. The whole market is very volatile these days.

IMO I see gold ranging 1132 - 1273 mid-term. My pro colleagues may have a different view.
  • #25,076
  • Apr 9, 2015 6:51pm Apr 9, 2015 6:51pm
http://www.reuters.com/article/2015/...0N02B220150409

India opening up their private gold vault, this can't be good for gold price....
  • #25,077
  • Edited 7:31pm Apr 9, 2015 7:17pm | Edited 7:31pm
Quoting ohguowei
http://www.reuters.com/article/2015/...0N02B220150409 India opening up their private gold vault, this can't be good for gold price....
Right now the "paper" market is determining price so physical supply/demand has very little influence on the current price IMHO.
  • #25,078
  • Apr 9, 2015 9:12pm Apr 9, 2015 9:12pm
Quoting srt
{quote} Right now the "paper" market is determining price so physical supply/demand has very little influence on the current price IMHO.
this is like saying that company performance have no influence on their shares in the stock market...IMHO
  • #25,079
  • Apr 10, 2015 2:12am Apr 10, 2015 2:12am
Quoting heispark
{quote} XAUEUR reignited.... May go up far higher...
Hope you hopped in by now......
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25,080
  • Apr 10, 2015 3:47am Apr 10, 2015 3:47am
what happened there? it shot up 10 dollars...

will it continue or will ease back down?
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