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Nearly Naked (Simple Trades)

  • #6,281
  • Jul 15, 2010 4:56pm Jul 15, 2010 4:56pm
[quote=MarcVUM;3877270]http://smileys.smileycentral.com/cat/10/10_9_137.gif

quote]

You have a smiley face for everything
  • #6,282
  • Jul 15, 2010 5:14pm Jul 15, 2010 5:14pm
Anybody here got any thoughts on gold?

I know it looks like the risk rally is in full swing, but today's action was a little too enthusiastic for my taste. Sure, I'm long the pound and the kiwi, but no parade lasts forever.

Anyways, I saw what looks like a bearish flag on gold daily, got my a** handed to me shorting it last night with too tight of a stop, and right now it looks to be trapped in a very skinny SR zone...I still like the short...but am a little gun-shy.

Disclaimer: gold really brings out the gambler in me.
  • #6,283
  • Jul 15, 2010 5:16pm Jul 15, 2010 5:16pm
Quoting Low
Anybody here got any thoughts on gold?

I know it looks like the risk rally is in full swing, but today's action was a little too enthusiastic for my taste. Sure, I'm long the pound and the kiwi, but no parade lasts forever.

Anyways, I saw what looks like a bearish flag on gold daily, got my a** handed to me shorting it last night with too tight of a stop, and right now it looks to be trapped in a very skinny SR zone...I still like the short...but am a little gun-shy.

Disclaimer: gold really brings out the gambler in me.
No metals for me
  • #6,284
  • Jul 15, 2010 5:24pm Jul 15, 2010 5:24pm
I'll be back in a bit...save some pips for me.

btw. A/U may take a dump come 9pm est if the current H4 candle stays where it's at right now.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,285
  • Jul 15, 2010 5:25pm Jul 15, 2010 5:25pm
Quoting Saxon
No metals for me
Ahh, you're using FXCM right?
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #6,286
  • Jul 15, 2010 5:27pm Jul 15, 2010 5:27pm
Quoting s2659
Ahh, you're using FXCM right?
Oh, ya, that is one of my brokers. I can trade them on my others, but I just don't incorporate them in my pool
  • #6,287
  • Edited 5:53pm Jul 15, 2010 5:39pm | Edited 5:53pm
Quoting Saxon
Oh, ya, that is one of my brokers. I can trade them on my others, but I just don't incorporate them in my pool
what brokers are you using?

When I go live (which will hopefully be soon, a month or so maybe ), I think I will be using dukascopy. I've heard good things about them.

Quote
metatrader 4 / dukascopy is like comparing a skoda to a ferrari


edit: you dont have to answer that question if you dont want to
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #6,288
  • Jul 15, 2010 5:56pm Jul 15, 2010 5:56pm
wow, I woke up to ka-BOOM
Annoying Precision
  • #6,289
  • Jul 15, 2010 6:01pm Jul 15, 2010 6:01pm
Quoting s2659
what brokers are you using?

When I go live (which will hopefully be soon, a month or so maybe ), I think I will be using dukascopy. I've heard good things about them.




edit: you dont have to answer that question if you dont want to
IKON, FXPRO and FXCM
  • #6,290
  • Jul 15, 2010 6:10pm Jul 15, 2010 6:10pm
We had a decent close for u/c.

Still maintaing my bullish bias.
Attached Image (click to enlarge)
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Annoying Precision
  • #6,291
  • Jul 15, 2010 6:48pm Jul 15, 2010 6:48pm
Off to Office Max, need me some office supplies......
  • #6,292
  • Jul 15, 2010 6:54pm Jul 15, 2010 6:54pm
morning boys

choppy night last night
  • #6,293
  • Jul 15, 2010 6:56pm Jul 15, 2010 6:56pm
Quoting Saxon
Off to Office Max, need me some office supplies......
later
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #6,294
  • Jul 15, 2010 7:38pm Jul 15, 2010 7:38pm
Quoting nick7r
morning boys

choppy night last night
Not so much choppy as a rocket in one drection, if you are following EU, GU and UCHF. AU is another story.
  • #6,295
  • Jul 15, 2010 7:55pm Jul 15, 2010 7:55pm
Quoting Saxon
Not so much choppy as a rocket in one drection, if you are following EU, GU and UCHF. AU is another story.
yeah just looking at the EU now..
  • #6,296
  • Jul 15, 2010 8:19pm Jul 15, 2010 8:19pm
I see a short
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 85 KB
  • #6,297
  • Jul 15, 2010 8:23pm Jul 15, 2010 8:23pm
Quoting gotpips92
I see a short
Sorry for the crappy chart. not on my main computer
  • #6,298
  • Jul 15, 2010 8:43pm Jul 15, 2010 8:43pm
im short on AU.. waiting for it to break 50% fib
  • #6,299
  • Jul 15, 2010 9:04pm Jul 15, 2010 9:04pm
Sorry for the delay, I have been posting back an forth between this thread too. http://www.forexfactory.com/showthre...16247&page=268
  • #6,300
  • Jul 15, 2010 9:16pm Jul 15, 2010 9:16pm
Quoting MarcVUM
btw. A/U may take a dump come 9pm est if the current H4 candle stays where it's at right now.
Sorry I didn't get back sooner and post the chart... but like I said, come 9pm est at the new H4 candle A/U should start heading south. Just be careful of the MA's below as they act as support.
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 220 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
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