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  • US Gross Domestic Product: Third Quarter 2012

    From bea.gov

    Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.0 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.3 percent. The Bureau emphasized that the third-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see box below). The "second" estimate for the third ... (full story)

Continously sell EU again!!! Buy USD / CHF
No response
let see can gold dow to 1690-1688 or not, good luck all trader
no surprise 4 me Obama Must be green number but will it help USD ????
Quoting KevinThomas
Continously sell EU again!!! Buy USD / CHF
Right!Just do it!
Quoting 25cent
let see can gold dow to 1690-1688 or not, good luck all trader
Yes, agree!!
Where will Gold go now! We all knew GDP was gonna be positive & it should already be priced in yeah?

Who thinks it will now hit the 1690 support?
Quoting KevinThomas
Continously sell EU again!!! Buy USD / CHF
yess agree. for friday and then gap nex week
the market plays a zig zag game
yub, i think the support is about 1690, futher is 1688-1686, at that price, i will think about buy order
Last call for intercity Euro to Southlands.

All aboard!
  •  Guest
  • | IP XXX.XXX.114.177
Gold will go up atleast 1730 n above. Eurusd 1.2950
lol
1715 is coming
US data green for last week of the month.. & GOLD going up... hahaha..
stop hunting must be done first
lol be careful it doesnt trigger risk on trading and dump USD
Fundamentals Dont work nowadays.................
Technical show up! Once again technical win!
Just wait.. It will follow the right way in 1 hour!!
lol.. ya n dats called FX market....
  •  Guest
  • | IP XXX.XX.41.94
dear trades,,,,
news came positive then why it is going UP ??????
Quoting richhand
stop hunting must be done first
Overbrought must reach first!
  •  Guest
  • | IP XXX.XXX.72.151
why gold went to wrong direction???
  •  Guest
  • | IP XXX.XX.13.9
Anda again, cheated by the news .. lol
bad news in Euro but EUR/USD up .... thank you....
shot all SL
GDP: A "2 handle" that will be revised and likely downward. But hopefully to stay well above last Q's revised 1.3% Still a lousy "recovery."
Who's gonna short ahold & at what price?
Quoting sfurqan
US data green for last week of the month.. & GOLD going up... hahaha..
Just wait
Quoting gregulas
no surprise 4 me Obama Must be green number but will it help USD ????
It's because Romney is the new hope. If it was Obama we would have seen good numbers long before this.
Sorry I I mean Gold
ok everyone sell EU again
yups.. may be its going to touch its pivot of the day... then back..

Quoting Black Caviar
Just wait
Quoting Black Caviar
Just wait
Obama miracle
Quoting Juaquamoi
Who's gonna short ahold & at what price?
i sold gold 1706, sloss at 1715, let see in next 1 hour
sell eur usd 1 = 1.1913
11 = 1.1925
111 = 1.1950
tp 30 pip/ sl 30 pip
  •  Guest
  • | IP XXX.XXX.194.143
dont ever trade fundamental, technical is the king.. see gold up, and hit the resist now, an looking to break the resist
Quoting kuncung
sell eur usd 1 = 1.1913
11 = 1.1925
111 = 1.1950
tp 30 pip/ sl 30 pip
1.1913??
Not 1.2913 ??
Quoting kuncung
sell eur usd 1 = 1.1913
11 = 1.1925
111 = 1.1950
tp 30 pip/ sl 30 pip

Please see market level carefullu..... lol...
Good time to start shorting EUR/USD again??
Quoting 25cent
i sold gold 1706, sloss at 1715, let see in next 1 hour
Yups mate,don't worry,just hold your mental resistance & keep waiting
Government Spending Saves U.S. 3Q GDP: ING
  •  Guest
  • | IP XXX.XX.12.90
break out treadline Eur/Usd daily
Quoting richhand
ok everyone sell EU again
SL is dead again...
It's gonna be ''good news gone bad''...Buying here is dangerous...w8ing for us session to open would be a good measure of precaution...
Risk on! AU is heading north.
ka ka ka, hit sloss, good luck all
Industrials and tech and banksters are all in red...risk off, sideways best case scenario...w8 for US open
Sell just got triggered at 1715. The waiting begins
Quoting Exodus
Risk on! AU is heading north.
To be confirm when stock exchange opens.
means bye bye usd for some period??
Quoting 25cent
i sold gold 1706, sloss at 1715, let see in next 1 hour
sorry fo ur lost
obviosuly nobody noticed GDP deflator number .... it is so beautiful to be long gold from 1700
Quoting prabakar
Fundamentals Dont work nowadays.................
Fundamentals work just fine nowadays.. stop hunting has just become more aggressive.
Think I'll set a TP at 1705 ?
Quoting goldfan
sorry fo ur lost
it fine, just a little sad, we still have more chance later
  • Post #57
  • Quote
  • Edited at 12:59pm Oct 26, 2012 9:11am | Edited at 12:59pm
I am buying since news does not determine order flow. My sense is that we have seen about as much as there is to see of Euro downside. Indeed, I think we just saw it's lowest rate for some time to come. Of course price is in what "technical" people call consolidation in D1 - but the primary motive or direction of the Euro at this time is still bullish.

Strongly doubt we will break much below (if at all) 1.28825 especially if we manage to close above 1.29860 short-term and that is well within intraday range.
Quoting goldfan
sorry fo ur lost
yeah... whoops
why gold jumps?
GDP deflator (inflation) 2,8 vs 2,0 expected
gold is going up do not worry i hope will touch 1725
no it wont.lol it will touch..and it touched yesterday high
Quoting Ijaz Anwar
gold is going up do not worry i hope will touch 1725
us economy is getting better. why gold is up?
Lies! lies lies! That's why!
Everyone's talking about the US GDP figures and no-one is talking about the likelihood of Greek default within a few days.
i think upside trend is over now down fall is starter ed can touch 1796
Quoting johntrung
us economy is getting better. why gold is up?
sometimes many people still buying even the news r good.But don't worry as long as u still have a change to win some pips.
U can inbox me if u want to
Big mouth will lose money faster
[quote=Loadedgun;6136002
Strongly doubt we will break much below (if at all) 1.28825 especially if we manage to close above 1.2986 short-term and that is well within intraday range.[/quote]

Strongly agree 1.29 is a key number for today and next week forex will forget today's US data and Euro long on spec (hope).

Data releases and M5 charts will get you nowhere fast. look at the H4 and daily.
gold gold gold every one was in selling position but gold has changed the market position now every one is worrying what will happen with their sellings
bait bait bait
dats y ppls says proactive approach doesnt every time esp with gold..

Quoting Ijaz Anwar
gold gold gold every one was in selling position but gold has changed the market position now every one is worrying what will happen with their sellings
[quote=Ijaz Anwar;6136104]gold gold gold every one was in selling position but gold has changed the market position now every one is worrying what will happen with their sellings[/quote
Quoting Loadedgun
I am buying since news does not determine order flow. My sense is that we have seen about as much as there is to see of Euro downside. Indeed, I think we just saw it's lowest rate for some time to come. Of course price is in what "technical" people call consolidation in D1 - but the primary motive or direction of the Euro at this time is still bullish.

Strongly doubt we will break much below (if at all) 1.28825 especially if we manage to close above 1.2986 short-term and that is well within intraday range.
at the time i bought, us index still at 82.20, at the resistance, and with the good news, i think it can break out, but the fact that it can't not , but i still think gold in the dow trend
  •  Guest
  • | IP X.XX.223.230
Ha.. ha ... ha...Who Sold Gold at 170x => so stupid....
GOLD sell 1716 SL 1725 TP 1688 this all
bait for what it can touch 1725-1735
aap k mun mein ghee shakar ijaz.. since i am also keenly waiting for this... as i m too on hedge..

Quoting Ijaz Anwar
i think upside trend is over now down fall is starter ed can touch 1796
This is not freedom market
  •  Guest
  • | IP XXX.XX.17.213
OMG,.,.! up,.! why fundamental is not work,.?
if gold dont hit 1,717-1,718 and dont stay above it then i bet it gonna fall with more power to break 1,700,its only 9:30AM in NYC
I believe some gangsters (big players) have hijacked the market. The figures may also be cooked. Check this out:
8:48 EDT - The global slowdown, especially the European recession, shows up in today's US GDP report. Net exports subtracted 0.18 percentage points from top-line 3Q growth. Real exports drop 1.6%, first decline since early 2009. With Europe and China still struggling, US exporters probably face more declines in shipments. ([email protected])

and this:

8:42 EDT - The impact of the devastating Midwest drought on agriculture shows up in the government's tally of farm inventories. Today's GDP report notes shrinking farm inventories subtracted 0.42 percentage point from 3Q GDP growth. So, the economy would have grown about 2.4% if rains had come. That's near its potential growth rate and fast enough to support better job gains. ([email protected])

There are many things going on behind the scene that we do not have access to. Just as they did with unemployment figures last week.

There may also be insider information about the next news on Consumer sentiment and inflation expectations which may be bad. Check across board, USD is flat against all major currencies.
Quoting Hot4Pips
Fundamentals work just fine nowadays.. stop hunting has just become more aggressive.
i agree............but market reacts to news very late......
Quoting Guest
Ha.. ha ... ha...Who Sold Gold at 170x => so stupid....
very short brain...may be shit inside your head...can't stand this kind of people, even the name don't have
gold will be back today its confirm just pushing up will fall rapidly so do not worry guys let it to do falling target is 1690
Quoting 25cent
very short brain...may be shit inside your head...can't stand this kind of people, even the name don't have
Just don't take notice mate,just ignore it.
  •  Guest
  • | IP XXX.XX.98.6
Why USD is loosing despite positive data?
purposely open big mouth
Quoting goldfan
if gold dont hit 1,717-1,718 and dont stay above it then i bet it gonna fall with more power to break 1,700,its only 9:30AM in NYC
You bet!
can any one predict support of gold?
Why USD is going down despite positive data??
dear wait it will go back when the small traders are in one direction usually market does the same but there will be reverse soon.
any opinions regarding oil movement
Quoting 25cent
very short brain...may be shit inside your head...can't stand this kind of people, even the name don't have
Gold 1,6
Gold is going up, i thought it Will go Down ....very sad
hmmmm.......
Gold up gold down gold up gold down....
Just get a thinking, why gold can't break 1800? How many times it tried to break up and failed then went down?
Right now I'm counting and wonder, how many times gold has and will try to break 1690-1700? Will it succeed or will it fail? Only God knows and time will tell...
But as always, the longer "something" stays the more chance it will suffer "amnesia" and forget which direction it should go. In many occasions, it will "go back home"...
Hope you understand what I mean
Good luck...
hmmmm so finally GG arrived han... ... well GG nothing is definite here u know v well ...
Quoting Gold-god
hmmmm.......
Gold up gold down gold up gold down....
Just get a thinking, why gold can't break 1800? How many times it tried to break up and failed then went down?
Right now I'm counting and wonder, how many times gold has and will try to break 1690-1700? Will it succeed or will it fail? Only God knows and time will tell...
But as always, the longer "something" stays the more chance it will suffer "amnesia" and forget which direction it should go. In many occasions, it will "go back home"...
Hope you understand what I mean
Good...
lol GG i was expecting the joy from you
Gold up.....Gold down.....Gold is going no where. It's right there on your screen starring at you.
just looking on daily chart gold will touch 15XX

Quoting Gold-god
hmmmm.......
Gold up gold down gold up gold down....
Just get a thinking, why gold can't break 1800? How many times it tried to break up and failed then went down?
Right now I'm counting and wonder, how many times gold has and will try to break 1690-1700? Will it succeed or will it fail? Only God knows and time will tell...
But as always, the longer "something" stays the more chance it will suffer "amnesia" and forget which direction it should go. In many occasions, it will "go back home"...
Hope you understand what I mean
Good...
if gold will break 1721 it can go to 1755
lol GG i can undertand haha it will back home
Quoting Ijaz Anwar
if gold will break 1721 it can go to 1755
maybe but not in near term
Do you mean gold Will going Down?can you tell me when?
Quoting Gold-god
hmmmm.......
Gold up gold down gold up gold down....
Just get a thinking, why gold can't break 1800? How many times it tried to break up and failed then went down?
Right now I'm counting and wonder, how many times gold has and will try to break 1690-1700? Will it succeed or will it fail? Only God knows and time will tell...
But as always, the longer "something" stays the more chance it will suffer "amnesia" and forget which direction it should go. In many occasions, it will "go back home"...
Hope you understand what I mean
Good...
Gold up.....Gold down......lol

10:16 EDT - The euro is now up against the dollar following news that the first round of disbursements to Spain's banks as part of a EU bailout are expected on time. The positive developments offset some of the negative sentiment stemming from an earlier report that Spain's unemployment has continued to climb. The single currency was at $1.2944, from $1.2915 before the news on the bank bailout assessment by the EU and ECB, according to EBS via CQG. ([email protected])
  •  Guest
  • | IP XXX.XXX.65.51
It,s fryday and not very very good usd data.It,s big boys hands.AUD very big jump up.
we are in trouble gold is up and we are in selling positions what to do now bz gold is going to touch 1745
Hi everyone,,,,
It will be a very long text if I have to write my explanation here.
To be honest I don't know where gold will go in the short term context. Will it go fly north or will it dive south.
But if we talk in the long-term context (at least next year), it will go north. I'll share my opinion somewhere else so I don't make "noise" here. I let you know when it's there.
In the mean time, good luck to you all and wish you a cheerful profitable trades...
never trade the news anymore
but when we do not do it goes with in news
too low difference from the expectations.. markets ignore the news
but when we do not do it goes with in news, totally agree with you ijaz
Quoting prabakar
Fundamentals Dont work nowadays.................
fundamental always work. Datas showed surface only, US economy is playing soft touching. GDP is still around 2.0 due to consumer spedning not because strategy goal accomplised, prooved by QE extension.

this week, market much learn from europe issues. A quite issue will be more sensitive thay your thinking.

Lets play a game and see fundamentals will hit technical
Euro Drop Breakout - Because Friday - Lastday Of The Month .
Banksters shook off to few longers in this first attempt, now is round two
but i have still hope it will be reversed to 1698
  •  Guest
  • | IP XXX.XXX.175.10
How far north do you think gold can reach by the end of 2013. even looking at the past history of gold, fundamentals like gold reserves, and demand, gold being used and traded as world currency not just a metal, even i share the same views as you also i think it is using 1700 as a strong spring jumping board kinda support just getting ready for a good jump from hereon.... . lets see how it works... . though 1900 to 1600. is a big contradiction to my funda. of being north in gold.




Hi everyone,,,,
It will be a very long text if I have to write my explanation here.
To be honest I don't know where gold will go in the short term context. Will it go fly north or will it dive south.
But if we talk in the long-term context (at least next year), it will go north. I'll share my opinion somewhere else so I don't make "noise" here. I let you know when it's there.
In the mean time, good luck to you all and wish you a cheerful profitable trades...
Quoting hilmansyah
fundamental always work. Datas showed surface only, US economy is playing soft touching. GDP is still around 2.0 due to consumer spedning not because strategy goal accomplised, prooved by QE extension.

this week, market much learn from europe issues. A quite issue will be more sensitive thay your thinking.

Lets play a game and see fundamentals will hit technical
i trade only Technical and i am profitable too....However the fundamentals effects gets displayed on chart...........So i don't go deep in fundamentals........
guys do not worry gold is back
  • Post #119
  • Quote
  • Edited at 11:51am Oct 26, 2012 11:40am | Edited at 11:51am
Anyway guys, I am in LONG position with USD/CHF, floating profit -20 pips till now but I am very confident with the BULL of USD/CHF in next week to 0.9450, then will FALL in freedom, and EUR/ USD will act the opposite movement!! My fundamentals is working right not wrong.. USD/CHF just taken a step to BULL with the stronger pull .. Check my chart here to see it, don't worry:
http://i1272.photobucket.com/albums/...8/USDCHF-1.png
Gold demand increase very much this days from indian market due to festive season and marriage season as indian trading is there in this season so heavy buying coming in gold hence one can go long in gold till 1960$ which you can see in comex divison latest by first eek of november
Who bets gold will hit 1720
Quoting Kolja28
1.1913??
Not 1.2913 ??
sorry. 1.2950 hit, tp 30 , and enjoy the profit
  • Post #123
  • Quote
  • Edited at 10:49pm Oct 26, 2012 9:54pm | Edited at 10:49pm
Quoting Sanguis
Everyone's talking about the US GDP figures and no-one is talking about the likelihood of Greek default within a few days.
When hundreds of exclusive news predators have their minds on a possible downgrade of Canada by Moody's,
When thousands of chartists immune to bullsh*t figures before elections had their minds to bands,
When millions of traders had their minds for if the pricing in of US GDP on Gold and Oil ended,
When billions of people have their minds on the impact of the US elections on Syria, Iran, Libya which will mostly affect global base currency whereabouts the next years, you wanted to be that someone talking about impact of... Grexit wondering why others doesn't think of it also(!)

I've been here a while and I've seen that #Greece is your main issue.
I bet you know first names of Samaras and Stournaras and have bookmarked ekathimerini.com and that's fine as long as you don't drag others to your trip.

#Grexit lasts so many months that even Citi accepted losses on that bet(2 days later was its CEO-exit) so I suggest you might have to see it subjectively for a change before you see a doctor for obsessions(like piigs/gipsi out, 1.36 kiddo).

Since even a rise of US GDP can't send down for good a ranging EURO you think a last years cover story will do?
The days Greece could do any significant damage to EURO have past and gone because it has ALREADY defaulted TWICE and market priced in both times from 1.50 to 1.20 area and ended on last elections in June.

So even if #Master_of_global_economy_tides is been kicked out whoever throws such volumes since July and stop in the middle of nowhere will continue to close some winners when retail dares to go with them or wants a little motivation to go short and use the profits to buy again when retail refill accounts to short for average.

Stop reading brainwashing news but above all stop trading them.
It's not even worth investing on it for a "told you so" brag on forums.
If euro goes down it won't be because of what media say about Greece or Spain but because it will be overbought or/and there are no more money to stay high.
Quoting johntrung
us economy is getting better. why gold is up?
vì tất cả các trader đều theo tin quá chậm. giá nó chạy trước tin lâu rồi .và khi đến tin những con CÁ MẬP bắt đầu đói và đi ăn... rất ko may cho những ai bơi vào mồm chúng. về tổng quan thì tuần tới vẫn là xuống .và có thể thứ 6 tuần tới mới quyết định hướng đi chính của vàng trong ngắn hạn
Quoting huycuong
vì tất cả các trader đều theo tin quá chậm. giá nó chạy trước tin lâu rồi .và khi đến tin những con CÁ MẬP bắt đầu đói và đi ăn... rất ko may cho những ai bơi vào mồm chúng. về tổng quan thì tuần tới vẫn là xuống .và có thể thứ 6 tuần tới mới quyết định hướng đi chính của vàng trong ngắn hạn
LOL, if you write by this language, just you can understand and most of members won't...
P/S: I can understand all you wrote cause this is also my mother language!!
Well cross my fingers that gold will hit 1720 before heading south
Gold has very strong support at 1700 and dont expect it can breach easily so go long as demand in indian market are very strong this days and this reports also came from indian gold merchent whcih saw that how thye are more bullis on gold and how much demand increase in india as gold prices fall after made high at 1798$ last month so this should be the buying opportunities in india and ruppeee appreciation and comex prices fall which is help gold prices lower in indian market and demand is increase sharply here in india and we expect here in india by this diwali price can touch to Rs. 33800 whcih should be touch in comex division at around $ 1860. Indian market are major market for gold consumption in the world and this is season for indian to buy gold hence we can expect price of gold move sharply at upper side
I told b4 in here last friday,it will be down again after hit 1718.50
  •  Guest
  • | IP XX.XXX.30.73
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