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Only Gold!

  • #25,201
  • Apr 20, 2015 1:12am Apr 20, 2015 1:12am
BTBO History:

 

  1. Call was great, didn't share here.. but, few people here know it worked well..
    Summary: $5+ Nice swing; $1+ achieved.. Overall Nice
  2. Call not great, shared here..
    Summary: Poor Swing, ended up sideways; $1 achieved; Closed in $0.50 loss
  3. Too much of sideways, no position triggered. Call cancelled. (Sluggish Asian session)

Hello World!
  • #25,202
  • Apr 20, 2015 2:07am Apr 20, 2015 2:07am
Gold 15min chart long

From Pivot Point to next Pivot point + "Power" and more (SMA support this long)
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  • #25,203
  • Apr 20, 2015 2:13am Apr 20, 2015 2:13am
Quoting Nitsan_Levi
Gold 15min chart long From Pivot Point to next Pivot point + "Power" and more (SMA support this long) {image}

Its also a breakout of a pattern , now on the Re-Test of a the pattern trend line


GL HF
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  • #25,204
  • Apr 20, 2015 2:56am Apr 20, 2015 2:56am
Quoting ClockTrader
Why am I the only one posting here? Last page was similar too.. Where is the frat?
really not much to post,

China AIID is spelling doom to USA IMF, ending USA control over Gold
USA interest rate going/not going to raise in 2015
China/India growth slowing, reducing the Gold import
Gold is control by XYZ and they are going to doom the world. etcetc

not really really changed since a month ago.
  • #25,205
  • Apr 20, 2015 5:54am Apr 20, 2015 5:54am
http://goldprice.org/gold-price.html

There are movements against other currencies. Just that with US rate in an undecisive mood, it keep hovering in the same region.
The only winner is the one who survive the longest...
  • #25,206
  • Apr 20, 2015 8:57am Apr 20, 2015 8:57am
What else is new?

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  • #25,207
  • Apr 20, 2015 11:47am Apr 20, 2015 11:47am
Near term Gold is clearly stuck in the 1179-1225 range. The next major cluster is 1225-51 up to 67 where the upper limits are descending in the channels shown.
Looking at the magnetic lines chart; the lower cluster is 1147-79 and if 1147 gives away which is the white line; gold can be crushed even further. Without going into much details the magnetic lines are very precise and if you have a few of them near one another; will have a strong S/R.
If 1100 breaks; strong support at 1080-90 & 1050-60
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  • #25,208
  • Edited 6:01pm Apr 20, 2015 1:18pm | Edited 6:01pm
Quoting mikey632
the lower cluster is 1147-79 and if 1147 gives away which is the white line; gold can be crushed even further. Without going into much details the magnetic lines are very precise and if you have a few of them near one another; will have a strong S/R. If 1100 breaks; strong support at 1080-90 & 1050-60 {image} {image}
Blah-Blah.. GOLD is not a penny stock, Picasso. Wait till Greece exit EZ and defaults on DEBT obligation payments, and see all those

Equity bull clowns jump off the Brooklyn Bridge, then we'll talk about GOLD. even though GOLD manipulated to press down,

Ones "GREXIT" comes through, make sure you have a chair to sit on, ones music stops.
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  • #25,209
  • Apr 20, 2015 8:41pm Apr 20, 2015 8:41pm
Quoting SkyzerFX
{quote} Blah-Blah.. GOLD is not a penny stock, Picasso. Wait till Greece exit EZ and defaults on DEBT obligation payments, and see all those Equity bull clowns jump off the Brooklyn Bridge, then we'll talk about GOLD. even though GOLD manipulated to press down, Ones "GREXIT" comes through, make sure you have a chair to sit on, ones music stops.
dont think it will do much in term of gold price, most foreseeable event is already price in.

yes GOLD manipulation would have already price in the possible rush to Gold, so i think there is no need to worry that Gold would suddenly spike up in Grexit.

those big crimex got you cover no worry, most likely they already got plan G ready to push gold pass 1080 when Grexit happen.
  • #25,210
  • Edited 11:22pm Apr 20, 2015 10:31pm | Edited 11:22pm
Here is BTBO for Asian session..

my personal sentiment Long..

PS: Profit Target 1 - 1.5

edit** Re-Posted image.. previous wasn't showing stops..
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Hello World!
  • #25,211
  • Apr 20, 2015 10:32pm Apr 20, 2015 10:32pm
BTBO History:

 

  1. Call was great, didn't share here.. but, few people here know it worked well..
    Summary: $5+ Nice swing; $1+ achieved.. Overall Nice
  2. Call not great, shared here..
    Summary: Poor Swing, ended up sideways; $1 achieved; Closed in $0.50 loss
  3. Call cancelled before price trigger. ($1 was ez)
  4. Just shared..

Hello World!
  • #25,212
  • Apr 21, 2015 7:49am Apr 21, 2015 7:49am
Quoting ClockTrader
BTBO History: Call was great, didn't share here.. but, few people here know it worked well.. Summary: $5+ Nice swing; $1+ achieved.. Overall Nice Call not great, shared here.. Summary: Poor Swing, ended up sideways; $1 achieved; Closed in $0.50 loss Call cancelled before price trigger. ($1 was ez) Just shared..
BTBO History:

 

  1. Call was great, didn't share here.. but, few people here know it worked well..
    Summary: $5+ Nice swing; $1+ achieved.. Overall Nice
  2. Call not great, shared here..
    Summary: Poor Swing, ended up sideways; $1 achieved; Closed in $0.50 loss
  3. Call cancelled before price trigger. ($1 was ez)
  4. $1.5 achieved

Hello World!
  • #25,213
  • Apr 21, 2015 10:50am Apr 21, 2015 10:50am
Quoting ClockTrader
{quote} BTBO History: Call was great, didn't share here.. but, few people here know it worked well.. Summary: $5+ Nice swing; $1+ achieved.. Overall Nice Call not great, shared here.. Summary: Poor Swing, ended up sideways; $1 achieved; Closed in $0.50 loss Call cancelled before price trigger. ($1 was ez) $1.5 achieved
While targeting $1 profit (100 pips a trade), getting 100% win rate on back-testing, testing live too.. all good by far..

can do 10-15 trades a week.

Need 2 test more.. will keep ya guys posted..

PS: little loss is possible due to slippage scams and I think a trick can fix that as well..
Hello World!
  • #25,214
  • Apr 21, 2015 8:52pm Apr 21, 2015 8:52pm
Quoting ClockTrader
{quote} While targeting $1 profit (100 pips a trade), getting 100% win rate on back-testing, testing live too.. all good by far.. can do 10-15 trades a week. Need 2 test more.. will keep ya guys posted.. PS: little loss is possible due to slippage scams and I think a trick can fix that as well..
oanda lowest spread for gold is around 0.25 cent per unit, 1 dollars profit seem abit too little to counter this type of spread, no? i remember i saw 2.50 dollars spread during news time
  • #25,215
  • Apr 22, 2015 8:05am Apr 22, 2015 8:05am
The spate of mixed U.S. economic news, and the ongoing Greek tragedy...means the market has no real direction until the next news event.

I am hedged from 1200 as price could go either way, though range has tightened, suggesting a big move is coming soon....
"The market can remain irrational longer than you can remain solvent"
  • #25,216
  • Apr 22, 2015 8:08am Apr 22, 2015 8:08am
Quoting ohguowei
{quote} oanda lowest spread for gold is around 0.25 cent per unit, 1 dollars profit seem abit too little to counter this type of spread, no? i remember i saw 2.50 dollars spread during news time
You are right mate, it's not much fun.. I cannot do this manually, but use buy/sell stops.. so practically, I do make $1 and I don't care how much my broker makes.. it's smoke testing right now.. not doing real trades yet, I'll be honest..

But, now let's look at the other side.. I researched about 30+ trades and found 1 trade failing.. (max would be 2)

I'm thinking of not risking more than $5 each trade.. so, $30 made and $5 - 10 lost is what I've got by far..

Now let's get beyond $1 profit.. I'm now testing BTBO for swings on all Forex pairs.. even IF I can get 7/10 or 8/10, that would be way better than average.. I'll keep ya guys posted..


PS: btw, I messed up a little today.. I leave one buy stop and one sell stop.. One trade triggered.. made the account richer.. I was too busy, didn't close the other trade, it has to be done manually.. and guess... the lot size was huge and it looked BAD.. As a trader I was able to fix the situation in a positive manner :-)

My lesson for today: One needs to be vigilant with this system.
Hello World!
  • #25,217
  • Apr 22, 2015 8:36am Apr 22, 2015 8:36am
Quoting ohguowei
{quote} so i think there is no need to worry that Gold would suddenly spike up in Grexit. those big crimex got you cover no worry, most likely they already got plan G ready to push gold pass 1080 when Grexit happen.
All those clowns have no clue what Domino Effect will be at the Grexit Event.. Remember last time few years back when Greece has a problem
what happens to the Market, even when nobody talks about Exit at that time.. GOLD price right now controlled by 2 party
in London and Wall-street. Yes they control Paper Spot, how long can they sell what they don't have? That's the question.
In mean while, during this manipulation, it's very easy to set trades just place SELL Limit 5-7$ apart and collect profits.. Every pop has been
Dumped in US session. I don't think GOLD will go much lower than 1180.. Anyways GOLD possibly $100 above bottom and $900+ below top,
that be 1:9 risk:reward if you ask me.
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  • #25,218
  • Apr 22, 2015 8:51am Apr 22, 2015 8:51am
XAUEUR. Channel breakout looks imminent.... Biased to bearish sentiment.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25,219
  • Apr 22, 2015 9:09am Apr 22, 2015 9:09am
Watch them doing now.. Monkeys, they have no beef against gold.
Just set the price to $200 already, so we all load up at cheap,
Leaving London and us.gov sitting on the pile of paper
Why the f*ck GOLD should go down in event of Greece collapse?
Nonsense. They just telling the people, Don't touch it, no, no, no,
keep on loading stocks...

Dude saying: "Buy Greek bonds now" ))
Check it out
"Greek contagion risks may be higher than you think"

http://www.cnbc.com/id/102605156

If they print another 500 billion for Greece again, well, they will spend it and comeback for more

Next year..
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  • #25,220
  • Apr 22, 2015 9:44am Apr 22, 2015 9:44am
Quoting ClockTrader
{quote} You are right mate, it's not much fun.. I cannot do this manually, but use buy/sell stops.. so practically, I do make $1 and I don't care how much my broker makes.. it's smoke testing right now.. not doing real trades yet, I'll be honest.. But, now let's look at the other side.. I researched about 30+ trades and found 1 trade failing.. (max would be 2) I'm thinking of not risking more than $5 each trade.. so, $30 made and $5 - 10 lost is what I've got by far.. Now let's get beyond $1 profit.. I'm now testing BTBO for swings on all Forex...
What is BTBO?
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