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  • Post# 2,161
  • Quote
  • Jan 2, 2013 7:39pm
  • gman29
    Joined Jan 2007 | 197 Posts | Status: Member
Quoting gnomoneey
this should bring gold to higher levels in the near future


Moody's Warns On US AAA Rating; IMF Piles On

I concur for all that is worth LOL. Buying on dips and holding from 1681.
  • Post# 2,162
  • Quote
  • Jan 3, 2013 12:23am
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
Quoting gnomoneey
eu view

potential drop to 1.3050-1.3080
then up again to dotted resistance of upward channel
a break of 1.3100 should get to 1.3050
Wooooohooooo or Boooooohooooo
  • Post# 2,163
  • Quote
  • Jan 3, 2013 7:24am
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
eu update

still on the way down to 1.305x area
Wooooohooooo or Boooooohooooo
  • Post# 2,164
  • Quote
  • Jan 3, 2013 7:32am
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
Quoting gnomoneey
finally hooked up to the internet on laptop...


Attachment 1108691
xau.usd view for today

bearish still
-need to close daily below 1675 then for sure more down otherwise it will range
-today it potentially showing bearish engulfing outside bar on daily chart

let's see if this downward trend will continue and cover the gap that occured after fiscal cliff vote
Wooooohooooo or Boooooohooooo
  • Post# 2,165
  • Quote
  • Jan 3, 2013 8:00am
  • chamoknet
    Joined Apr 2012 | 107 Posts | Status: Member
Quoting gnomoneey
xau.usd view for today

bearish still
-need to close daily below 1675 then for sure more down otherwise it will range
-today it potentially showing bearish engulfing outside bar on daily chart

let's see if this downward trend will continue and cover the gap that occured after fiscal cliff vote



Thanks to gnomoneey... we expect more analysis .
  • Post# 2,166
  • Quote
  • Jan 3, 2013 8:03am
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
Quoting chamoknet
Thanks to gnomoneey... we expect more analysis .
back trading again but can only reply in early morning until home base is re-stablished and a certain project out of the way

btw thanks chamoknet and welcome..please feel free to contribute
Wooooohooooo or Boooooohooooo
  • Post# 2,167
  • Quote
  • Jan 3, 2013 8:38am
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
Quoting gnomoneey
eu view

potential drop to 1.3050-1.3080
then up again to dotted resistance of upward channel
looking at this previous chart eu looks like headind down to at least 38.2% but closing there should bring eu lower imo
and potentially to 1.2875 where last strong support of dec 7-10

let's just hope this will bear will continue to that support as i am still holding to my shorts
Wooooohooooo or Boooooohooooo
  • Post# 2,168
  • Quote
  • Jan 3, 2013 9:38am | Edited at 9:50am
  • openyoureyes
    Joined Nov 2012 | 625 Posts | Status: Member
I'm waiting for todays close & price action from FOMC meeting in 5 hours.

IMHO tomorrow will be decisive, I'll open SHORT positions before:
GBP - Services PMI
USD - Unemployment Rate
USD - ISM Non-Manufacturing PMI

gold / silver / eurusd

opened one:
SHORT silver: 31.02 SL
  • Post# 2,169
  • Quote
  • Jan 3, 2013 1:25pm
  • Olu
    Joined Jun 2009 | 3,234 Posts | Status: Trend Trader
Gold

1675 is holding on for dear life...

Olu
  • Post# 2,170
  • Quote
  • Jan 3, 2013 2:18pm
  • gman29
    Joined Jan 2007 | 197 Posts | Status: Member
Well that sucked stopped out. Will wait and see what market does in AM. g/l all!
  • Post# 2,171
  • Quote
  • Jan 3, 2013 2:55pm
  • Olu
    Joined Jun 2009 | 3,234 Posts | Status: Trend Trader
Quoting Olu
Gold

1675 is holding on for dear life...

Olu
sold 1675...
Attached Image (click to enlarge)
Click to Enlarge

Name: goldtrade-03012013.jpg
Size: 142 KB
  • Post# 2,172
  • Quote
  • Jan 3, 2013 3:00pm
  • gman29
    Joined Jan 2007 | 197 Posts | Status: Member
Quoting Olu
sold 1675...
Nice trade. I got in some of the move myself after being stopped out. Bought back in at 1664 for a scalp on the retrace.

checked out your blog, nice work
  • Post# 2,173
  • Quote
  • Jan 3, 2013 3:28pm
  • Olu
    Joined Jun 2009 | 3,234 Posts | Status: Trend Trader
Quoting gman29
Nice trade. I got in some of the move myself after being stopped out. Bought back in at 1664 for a scalp on the retrace.

checked out your blog, nice work
Thanks GMan29
  • Post# 2,174
  • Quote
  • Jan 3, 2013 6:13pm
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
Quoting gnomoneey
eu update

still on the way down to 1.305x area
So second target reached and now since we closed below 1.3050 eu should reach for 1.2875 for this bigger HS . No chart as on iPhone
-also this morning h4 was showing my ma about to cross and that's a good 200 pip drop.

I will post chart later.
Wooooohooooo or Boooooohooooo
  • Post# 2,175
  • Quote
  • Jan 3, 2013 9:11pm
  • chamoknet
    Joined Apr 2012 | 107 Posts | Status: Member
Quoting gnomoneey
xau.usd sold 1715.80 tp 1708

- daily s1 1710
-my trend is still grey which is uptrend but today we are in abit of retracement to daily s1 and also to my grey trendline

Attachment 1070747
hi gnmoneey... what indicator do u use on this chart...? is it any MA?
  • Post# 2,176
  • Quote
  • Jan 3, 2013 9:16pm
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
Quoting chamoknet
hi gnmoneey... what indicator do u use on this chart...? is it any MA?
On attachments here I have on first few pages attachment called trend and pivot on same post along with the settings

Sorry I'm on my iPhone still, pm me if you still can't find it.
Wooooohooooo or Boooooohooooo
  • Post# 2,177
  • Quote
  • Jan 4, 2013 1:12am
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
Quoting chamoknet
hi gnmoneey... what indicator do u use on this chart...? is it any MA?

here it is on this post

http://www.forexfactory.com/showthre...31#post6163931
Wooooohooooo or Boooooohooooo
  • Post# 2,178
  • Quote
  • Jan 4, 2013 2:13am
  • openyoureyes
    Joined Nov 2012 | 625 Posts | Status: Member
Quoting openyoureyes
I'm waiting for todays close & price action from FOMC meeting in 5 hours.

IMHO tomorrow will be decisive, I'll open SHORT positions before:
GBP - Services PMI
USD - Unemployment Rate
USD - ISM Non-Manufacturing PMI

gold / silver / eurusd

opened one:
SHORT silver: 31.02 SL

Hey people,
Nice short ride =)

Any plans for todays news?

(Waiting for range trade / swing trade,
Not sure if I'm going to short from here.)
  • Post# 2,179
  • Quote
  • Jan 4, 2013 8:07am
  • gnomoneey ● Online
    Joined Mar 2012 | 3,903 Posts | Status: Gold anyone
Quoting openyoureyes
Hey people,
Nice short ride =)

Any plans for todays news?

(Waiting for range trade / swing trade,
Not sure if I'm going to short from here.)
Read what Luis wrote last month

http://www.forexfactory.com/showthre...75#post6314475
Wooooohooooo or Boooooohooooo
  • Post# 2,180
  • Quote
  • Jan 4, 2013 8:48am
  • chamoknet
    Joined Apr 2012 | 107 Posts | Status: Member
I am long at 1638.oo
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27 traders viewing now, 9 are members: Da Pipsta, gnomoneey, elekboy, Mada001, EricB, khurram_mm, Cecil Gee, QuikFlipp, psychotrader
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