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Only Gold!

  • #25,361
  • May 4, 2015 6:14am May 4, 2015 6:14am
Quoting amiami76
can any one tell me that in 4 hour gold chat rsi going up and same time when i open one hour chat its show that its on peak so how can i put the order up or down {image} {image}
Thats the problem when retail traders use indicator with the range cap between 0 to 100. Even when RSI hit 100, price can still go up, same to 0, price can go down further. You end up confusing yourself, unless you know how to use this indicator.
The only winner is the one who survive the longest...
  • #25,362
  • May 4, 2015 6:21am May 4, 2015 6:21am
You should all know by now gold can't be allowed to gap up overnight, Comex sets the price and it will come back to even or red by market open, it's how it's been done for 20 years...after hours means nothing...
  • #25,363
  • May 4, 2015 6:53am May 4, 2015 6:53am
Quoting kinspk
{quote} Thats the problem when retail traders use indicator with the range cap between 0 to 100. Even when RSI hit 100, price can still go up, same to 0, price can go down further. You end up confusing yourself, unless you know how to use this indicator.

Yes need to study more
  • #25,364
  • May 4, 2015 6:57am May 4, 2015 6:57am
What indicators? GOLD is run buy US and LONDON manipulation paper parasites

I just currently watching if this pattern will repeat now as well..

Attached Image (click to enlarge)
Click to Enlarge Name: gld-5-4.jpg Size: 82 KB



Up at Night and Down after London Open, Normal behavior now.

Asia is buying everything what those idiots throwing away.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #25,365
  • May 4, 2015 7:06am May 4, 2015 7:06am
Quoting amiami76
can any one tell me that in 4 hour gold chat rsi going up and same time when i open one hour chat its show that its on peak so how can i put the order up or down {image} {image}
I suggest you do some back-testing, just go back.. scroll.. you'll find answer my friend..

PS: Do this on all TFs you work on..
Hello World!
  • #25,366
  • May 4, 2015 7:07am May 4, 2015 7:07am
Quoting faraz37
kinspk and ClockTrader: (just an opinion guys) Bullish bias might be true technically, especially for today or tomorrow, but when I look at the economic calender, strong job expectations and other data from US this week would push the gold south quite hard. This has been quite a trend lately anyway and as explained multiple times by our friend SkyzerFX ! This, however, would also create a good buying opportunity especially around 1145 (March lows). I'm not shorting or longing for now, just waiting for the right time.
Quoting kinspk
{quote} Your long is good, technically, it will move up more, unless there's some surprise.
Well, this could end up sideways today.. IF 1175 can survive, that would be kool..

Got +ve SL anyways.. worth trying..
Hello World!
  • #25,367
  • May 4, 2015 8:01am May 4, 2015 8:01am
Shorting some more here! easy money, I will keep shorting until I see QE4, every spike no matter what the price is.
  • #25,368
  • May 4, 2015 8:12am May 4, 2015 8:12am
Quoting Stockman
Shorting some more here! easy money, I will keep shorting until I see QE4, every spike no matter what the price is.
Not in mood to short yet, but.. closed my long @ around ~1190

Lately, I have only made 1% where I could make 10%, but... you know..
Hello World!
  • #25,369
  • May 4, 2015 8:17am May 4, 2015 8:17am
Quoting ClockTrader
{quote} {quote} Well, this could end up sideways today.. IF 1175 can survive, that would be kool.. Got +ve SL anyways.. worth trying..
As earlier mentioned it's a good trade, don't worry about survival, your trade is well protected with profit. It just move up again after 3 hours. But there's still room to climb a little more. Money is already in your pocket.
The only winner is the one who survive the longest...
  • #25,370
  • May 4, 2015 8:19am May 4, 2015 8:19am
Did I said yesterday 1195? this week? People said, don't think so,

well it doesn't take whole week, peeps.. Just 12 hours and we are there

Cause this is GOLD! People still smoking 900$ My A$$!
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  • #25,371
  • May 4, 2015 8:28am May 4, 2015 8:28am
Quoting kinspk
{quote} As earlier mentioned it's a good trade, don't worry about survival, your trade is well protected with profit. It just move up again after 3 hours. But there's still room to climb a little more. Money is already in your pocket.
I've studied Copper, looks good. Win rate above 8/10, actually 9/10 on DARK green Mangoes. Tests begin tomorrow.

I've been Studying EU / Cable too.. too early to talk about EU, but looks irresistible.

MTBO triggers are already doing good...

and you know what? When I'm feeling super excited like this, world begins to crash in front of me..
So, I'm just waiting when I make that big wrong move..

I updated MTBO stuff several times, check below link:

Forex Trading Strategy

PS: Fellas who have been testing MTBO on Au will get more calls (like Cu etc) starting tomorrow..

Others who can test my calls, plz add me in Skype: AuroraIN
Hello World!
  • #25,372
  • May 4, 2015 8:32am May 4, 2015 8:32am
1186.36 is almost a sure hit.
The only winner is the one who survive the longest...
  • #25,373
  • May 4, 2015 8:44am May 4, 2015 8:44am
ill go for short
  • #25,374
  • May 4, 2015 9:24am May 4, 2015 9:24am
Quoting kinspk
1186.36 is almost a sure hit.
Looks rigid and adamant, I'll be craving for shorts if it goes above 1200, will use triggers to enter short.
Hello World!
  • #25,375
  • May 4, 2015 9:23pm May 4, 2015 9:23pm
1186.36 level fulfilled.
Attached Image (click to enlarge)
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The only winner is the one who survive the longest...
  • #25,376
  • May 4, 2015 9:39pm May 4, 2015 9:39pm
Getting ready to go big short for ADP numbers will beat and smash gold down.

Will be shorting probably end of day tomorrow.

Target of about 1040 should hit this summer.
  • #25,377
  • May 4, 2015 9:42pm May 4, 2015 9:42pm
Quoting kinspk
1186.36 level fulfilled. {image}
Hello World!
  • #25,378
  • May 4, 2015 9:44pm May 4, 2015 9:44pm
Quoting Stockman
Getting ready to go big short for ADP numbers will beat and smash gold down. Will be shorting probably end of day tomorrow. Target of about 1040 should hit this summer.
IMO, this will not go to 1215, let alone 1225

HOWEVER, I will not rule out a burst into North.. possible push till 1200 or around that..

Asian session appears week for XAU..
Hello World!
  • #25,379
  • May 4, 2015 9:48pm May 4, 2015 9:48pm
About a week back, I talked to a fella that I was close to 10/10 win rate, but tests were pending.. He gave me a nice advise.. as below:

"He said I should setup a real account, prove 10/10 win rate, then it would make sense."

That advise really touched me deep inside.. and guess what.. now I'm working on it..

Nevertheless, it was a good and inspiring advise..

I should have results on a real/live account in about 4-6 weeks.
Hello World!
  • #25,380
  • May 4, 2015 9:49pm May 4, 2015 9:49pm
Quoting ClockTrader
About a week back, I talked to a fella that I was close to 10/10 win rate, but tests were pending.. He gave me a nice advise.. as below: "He said I should setup a real account, prove 10/10 win rate, then it would make sense." That advise really touched me deep inside.. and guess what.. now I'm working on it.. Nevertheless, it was a good and inspiring advise.. I should have results on a real/live account in about 4-6 weeks.
Forgot to mention, this time it's about Cable :-)
Hello World!
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