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Only Gold!

  • #25,521
  • May 12, 2015 2:40am May 12, 2015 2:40am
Quoting seaman2
oops, just realized it is in commercial section. Hope CT will not mind. It is long term view. He is more short term these days, looks like. Looking at chart.... Low 15 years ago or so was 250. High was 1920. 50 % retracement stands at around 1085. Low was 1129 so far. Accumulation is one way to do it. Buy on dips, say after every $10 lower. If you after quick win go for $100 profit target. If you have skills hold and don't sell. Once these shorts are overwhelmed, sky will be the limit.
Mango Trenz based positions should eventually ride long term rallies and trends, only thing I need to do is leave green positions open as per MTBO.. i.e. not close every single position in profit..

This strategy 'MTBO' is too new for me, so, it's gonna take time before I can see results.. already given 10 yrs of my life to Forex.. few more months is a speck..
Hello World!
  • #25,522
  • May 12, 2015 2:49am May 12, 2015 2:49am
Once again, USD tanking, gold doing ZERO....this seems impossible, but just keep shorting
  • #25,523
  • May 12, 2015 5:11am May 12, 2015 5:11am
Adding more shorts here, no brainer.
  • #25,524
  • May 12, 2015 5:18am May 12, 2015 5:18am
Quoting Stockman
Adding more shorts here, no brainer.
maybe...maybe not.
"Bulls make money, bears make money, pigs get slaughtered"
  • #25,525
  • May 12, 2015 5:23am May 12, 2015 5:23am
I look at other factors as well and I dont like them today for XAU shorts. Too much USD weakness
"Bulls make money, bears make money, pigs get slaughtered"
  • #25,526
  • May 12, 2015 6:10am May 12, 2015 6:10am
Quoting alayinizAMK
nice to see this very active gold thread:nerd: think the area between 1200-1210 is going to be decisive so is this going there somehow maybe? upward channel looks possible imho. Take care {image}
revisions
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  • #25,527
  • May 12, 2015 6:27am May 12, 2015 6:27am
Quoting Stockman
Adding more shorts here, no brainer.
Looks like too many shorts like that was a bad idea..
Hello World!
  • #25,528
  • May 12, 2015 6:38am May 12, 2015 6:38am
My short Gold got hedged, closed both to clear the slate..

Initiated one short Gold with SL @ 1225, this is for the season..
Hello World!
  • #25,529
  • Edited 8:41am May 12, 2015 7:30am | Edited 8:41am
Quoting ClockTrader
My short Gold got hedged, closed both to clear the slate.. Initiated one short Gold with SL @ 1225, this is for the season..
I would like to initiate shorts for a swing/rally, but, would like to wait until 12pm NY..

Trade light and safe!

Awaiting MTBO call for 12pm NY

Day Trading
Hello World!
  • #25,530
  • May 12, 2015 7:37am May 12, 2015 7:37am
Quoting alayinizAMK
{quote} revisions {image}
Waves are a pointless game, just a myth
  • #25,531
  • May 12, 2015 8:03am May 12, 2015 8:03am
Quoting Stockman
{quote} Waves are a pointless game, just a myth
depends on who's counting
  • #25,532
  • May 12, 2015 8:18am May 12, 2015 8:18am
What did I tell you, KA BOOM! right on schedule for the smack down, you guys missed out on a nice short from 1195's
  • #25,533
  • May 12, 2015 8:23am May 12, 2015 8:23am
No we did not...short from 1196
  • #25,534
  • May 12, 2015 8:30am May 12, 2015 8:30am
rebuy 4real
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  • #25,535
  • May 12, 2015 8:36am May 12, 2015 8:36am
Quoting Stockman
What did I tell you, KA BOOM! right on schedule for the smack down, you guys missed out on a nice short from 1195's
> you guys missed out on a nice short from 1195's

----> Well, I did not..

Secondly, who knows it bounces back to 1195 by 12pm NY ?

Whether it's waves or spikes or whatever your system, only thing that matters at the end of day/week/month is how much you made?
Hello World!
  • #25,536
  • May 12, 2015 7:28pm May 12, 2015 7:28pm
Quoting ClockTrader
{quote} > you guys missed out on a nice short from 1195's ----> Well, I did not.. Secondly, who knows it bounces back to 1195 by 12pm NY ? Whether it's waves or spikes or whatever your system, only thing that matters at the end of day/week/month is how much you made?
Further upside is possible, closed the short I had opened.. will await VSA during London session for right entry..
Hello World!
  • #25,537
  • May 12, 2015 8:23pm May 12, 2015 8:23pm
I'm back in short from 1195 this morning, easy money, will cover 1180's and short again tonight, rinse repeat, target still about $800 this year
  • #25,538
  • May 13, 2015 12:44am May 13, 2015 12:44am
Be very careful if you are planning to short today guys. Super tight stops
"Bulls make money, bears make money, pigs get slaughtered"
  • #25,539
  • May 13, 2015 3:31am May 13, 2015 3:31am
1196 rejected hard, shorting again 1195's SL 1203

easy money
  • #25,540
  • May 13, 2015 6:52am May 13, 2015 6:52am
Quoting Stockman
1196 rejected hard, shorting again 1195's SL 1203 easy money
Where is that easy money you keep talking all the time? I can't see any..

Win rate of your last 10 calls?
Hello World!
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