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  • #295,621
  • Sep 23, 2010 12:05pm Sep 23, 2010 12:05pm
Expect some profit taking at $1300 GOLD and some big moves next week.
  • #295,622
  • Sep 23, 2010 12:06pm Sep 23, 2010 12:06pm
Quoting Bootleger
Is the Euro going to support the price up or gold and silver ( now 1295 and 21.20) ?

That 1300 level is not far away

usually gold is up when it is risky....but the risk seem somehow drop a little after this meeting....
  • #295,623
  • Sep 23, 2010 12:07pm Sep 23, 2010 12:07pm
Quoting nawafasad1
nice trades buys and sells
Thanks my friend, I wish i was that good.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 31 KB
  • #295,624
  • Sep 23, 2010 12:15pm Sep 23, 2010 12:15pm
Quoting vinesh2
Expect some profit taking at $1300 GOLD and some big moves next week.
Maybe an initial pullback we for the moment we didn't see any big moves... just a steady upside trend with no big moves or corrections... this is very bullish !

But obviously, volatility will certainly come sooner than later, but this is representative of the gold market. See the last major pullback, it was only a 100$ pullback... compare to the 1225 to 1060 (165$ and bigger %) move last november. We will see 1300+-1350
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #295,625
  • Sep 23, 2010 12:22pm Sep 23, 2010 12:22pm
Possible double top forming on the 1hr at 1.3363 (on my broker). Still a long way to close though so it may push higher. If not another retrace before continuing up. Shouldn't be much though as the market is quiet right now.
Today's zone = Tomorrow's opportunity!
  • #295,626
  • Edited 12:43pm Sep 23, 2010 12:25pm | Edited 12:43pm
phew !

just finished reading all the posts in here from my last post of "+30pips " ... one and half hours !

... very varied viewpoints and analysis ..

noticed people play 1Min , 5Min , 15Min charts ... its nerve wrecking for me ... just how do u trade them ? ... doesn't it need accurate analysis and fast thinking ? ... u all must be real dare-devils ! hats off to u !

indeed this thread is like canoeing in the rapids !

yes, i was forewarned by T.E.Lawerence




http://www.stockphotopro.com/photo-t...P_no_title.jpg

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  • #295,627
  • Sep 23, 2010 12:30pm Sep 23, 2010 12:30pm
still on support both but one to go below it .pa ranging but ok .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx.gif Size: 10 KB
Click to Enlarge Name: eu2.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #295,628
  • Sep 23, 2010 12:38pm Sep 23, 2010 12:38pm
Quoting vosterfxandy
house always wins!
Exactly !

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #295,629
  • Sep 23, 2010 12:39pm Sep 23, 2010 12:39pm
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 37 KB
  • #295,630
  • Sep 23, 2010 12:39pm Sep 23, 2010 12:39pm
it should be about to make up it's mind. there is a line from the begining of the week that seems to be holding it up. and then there is the obvious line down, holding it down.

i am long already as i saw lots of accumulation of this down move. failed to break 3312 twice even with that move up to build momentum. so it's up in my view now.

just don't like the look of the volume: such a perfect down move on volume with the price going up. it's normal to see volume going down now but we should see some ups and dows reacting to the levels touched...

i am really tracking this just now. move below 52 and i am out for a few pips. had a good day so i don't want to give the profit back.
Attached Image (click to enlarge)
Click to Enlarge Name: Forex.jpg Size: 141 KB
dreams do come true.
  • #295,631
  • Sep 23, 2010 12:41pm Sep 23, 2010 12:41pm
Quoting fontu
still on support both but one to go below it .pa ranging but ok .
fontu
this could be a correction of subwave4
Attached Image (click to enlarge)
Click to Enlarge Name: eur01.gif Size: 19 KB
  • #295,632
  • Sep 23, 2010 12:42pm Sep 23, 2010 12:42pm
http://cdn.forexfactory.com/images/attach/gif.gif

2010-09-23 _ zigzagtracktracer (19h25 CET) EUR-USD weekly _ 000.GIF (43.5 KB)
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-09-23 _ zigzagtracktracer (19h25 CET) EUR-USD weekly _ 000.GIF Size: 43 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #295,633
  • Sep 23, 2010 12:49pm Sep 23, 2010 12:49pm
Quoting nawafasad1
this could be a correction of subwave4
Ok but too small , only fit for last subwave 5th correction abc but whole wave III need more to go down .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #295,634
  • Sep 23, 2010 12:50pm Sep 23, 2010 12:50pm
http://cdn.forexfactory.com/images/attach/gif.gif

2010-09-23 _ zigzagtracktracer (19h45 CET) EUR-USD Weekly _ 000.GIF (27.9 KB)

As discussed with another Elliott Expert ... that is the way how he did start to gauge with the counting setup ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-09-23 _ zigzagtracktracer (19h45 CET) EUR-USD Weekly _ 000.GIF Size: 28 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #295,635
  • Sep 23, 2010 1:29pm Sep 23, 2010 1:29pm
Whipsaw city today !

I was doing well untill last trade where I got turned over in the MOFU !!! hahaha !
  • #295,636
  • Sep 23, 2010 1:29pm Sep 23, 2010 1:29pm
Quoting mercy seat
Exactly !

i see you've been in that predicament as well.
  • #295,637
  • Sep 23, 2010 1:36pm Sep 23, 2010 1:36pm
And now we have a potential double bottom forming on the 1hr chart... still 25 minutes left though so it could still change...
Today's zone = Tomorrow's opportunity!
  • #295,638
  • Sep 23, 2010 1:45pm Sep 23, 2010 1:45pm
today was a funny day this article from earlier today on fxstreet is an honest account:

"Traders report the BIS (bank for international settlement; fosters cooperation among central banks) was a seller into the most recent strength
which brought the market up to the low 1.3380s. They were earlier
spotted as buyers in the 1.3390, so their central bank clientele are
just about as clueless as the rest of us, it would appear..."
  • #295,639
  • Sep 23, 2010 1:47pm Sep 23, 2010 1:47pm
Quoting pres78
And now we have a potential double bottom forming on the 1hr chart... still 25 minutes left though so it could still change...
And it has been broken...
Today's zone = Tomorrow's opportunity!
  • #295,640
  • Sep 23, 2010 1:48pm Sep 23, 2010 1:48pm
Quoting pres78
And now we have a potential double bottom forming on the 1hr chart... still 25 minutes left though so it could still change...
1.3320?
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