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  • #433,221
  • May 2, 2011 2:03pm May 2, 2011 2:03pm
+20
  • #433,222
  • May 2, 2011 2:06pm May 2, 2011 2:06pm
Will buy If get .4830. By my time nothing is moving market exept NY. Will wait for next London session! Time to read books!
  • #433,223
  • May 2, 2011 2:10pm May 2, 2011 2:10pm
Quoting PayTheLimit
It seems its a combination of things. But generally I find myself following the market from early Frankie to mid NY lots of days. I used to just do London open to NY open when I was on shorter time frames(ie 5min/15min), but since moving up to the 1hr, I find myself putting much more time in. BTW, I trade from Europe.
ah , ok - I thought you were in the US for some reason...I used to look at M15 but looking now at H1 also , but really for the same kinds of trade as from the ltf
  • #433,224
  • May 2, 2011 2:15pm May 2, 2011 2:15pm
cAme bakc to the same range, 4880-4730. RSI close to oversold on 5m, time for small scalp! Please to of u here who are GURU don't sue me , my acc don't let me trade long, scalp is my way for now! In Long perspective I am long on EU, don't see any of signal of trend reversal!
  • #433,225
  • Edited 2:28pm May 2, 2011 2:17pm | Edited 2:28pm
Quoting FibbinArchie
if it goes through dpp, I got some trendline support coming in around 478xish (steep so rising as time moves on)...
Ok , possible if over 4759 , below a disaster invitable . so far not worry perhaps still enough high , intervention mode in . continuous propaganda works or they themselves sell some gold to buy dollar right now or some patriotic make up & obama popularity up . to see gold , down a bit not any great yet , possible .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #433,226
  • May 2, 2011 2:27pm May 2, 2011 2:27pm
Quoting fontu
Ok , possible if over 4759 , below a disaster invitable . so far not worry perhaps still enough high , intervention mode in . continuous propaganda works or they themselves sell some gold to buy dollar right now , to see gold , down a bit not any great yet , possible .
fontu
have you been following silver? any reason for reversal yesterday? may have even recouped loses since, not been watching so not sure and also not sure of it's effecs on gold price (although I believe they are both in an over inflated bubble). Oil down on Osama Bin Laden news, but then is Israel going to attack Iran?? inverse correlation with DXY...

As far as EU is concerned, technically up trend remains intact until we close below 44xx, also we have NFPs on Friday which will provide the ideal excuse for a major shakeout...

As ever looking for short term plays until the opportunity presents itself to enter into a long term position trade...
  • #433,227
  • May 2, 2011 2:31pm May 2, 2011 2:31pm
hmmmm...test 4790 again? Seems corrective.....minor wave 4 maybe
  • #433,228
  • May 2, 2011 2:41pm May 2, 2011 2:41pm
Quoting Willbetheone
Will buy If get .4830. By my time nothing is moving market exept NY. Will wait for next London session! Time to read books!
good point, although wouldn't be surprised if Tokyo sees some action tonight, this up move is after all due a correction imo...
  • #433,229
  • May 2, 2011 2:43pm May 2, 2011 2:43pm
lol nice
Ambition
  • #433,230
  • May 2, 2011 2:43pm May 2, 2011 2:43pm
[quote=FibbinArchie;4586402]have you been following silver? any reason for reversal yesterday? may have even recouped loses since, not been watching so not sure and also not sure of it's effecs on gold price ......

silver is higly devalued comm atm correlation exist but its hard to determine to which state they are in correlation ...real value of silver should be around 1/15 of same amount of gold..... bias is around 1/30 for a couple of years & it start to poke eyes of big funds...regarding this it will follow rise of gold, but not so sure how it will act on gold price drop
  • #433,231
  • May 2, 2011 2:45pm May 2, 2011 2:45pm
yo cloggi thats how its done having a victory drink cheers money money
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Ambition
  • #433,232
  • May 2, 2011 2:45pm May 2, 2011 2:45pm
Quoting vanyxster
silver is higly devalued comm atm correlation exist but its hard to determine to which state they are in correlation ...real value of silver should be around 1/15 of same amount of gold..... bias is around 1/30 for a couple of years & it start to poke eyes of big funds...regarding this it will follow rise of gold, but not so...
lol, including JP Morgan if Max Keiser's reports are anything to go by...
  • #433,233
  • May 2, 2011 2:47pm May 2, 2011 2:47pm
Quoting talentfx
yo cloggi thats how its done having a victory drink cheers money money

You are the biggest idiot here, I rode her up and rode her down, am up 350 pips for the day and you are still nursing your crap trade from this morning, moron.
  • #433,234
  • May 2, 2011 2:47pm May 2, 2011 2:47pm
Quoting talentfx
yo cloggi thats how its done having a victory drink cheers money money
yeah well done son, you sold the low of today's range, what do you want a round of applause or something?
  • #433,235
  • May 2, 2011 2:48pm May 2, 2011 2:48pm
Quoting FibbinArchie
yeah well done son, you sold the low of today's range, what do you want a round of applause or something?

I have never seen anyone being so proud for being so stupid and incapable of trading.
  • #433,236
  • May 2, 2011 2:49pm May 2, 2011 2:49pm
so bulls drove price all the way to 1.49 only to drop it back down..
  • #433,237
  • May 2, 2011 2:49pm May 2, 2011 2:49pm
Quoting cloggie
I have never seen anyone being so proud for being so stupid and incapable of trading.
yeah well see who comes out on top give me a year millions oh btw this thing hasnt even started
Ambition
  • #433,238
  • May 2, 2011 2:50pm May 2, 2011 2:50pm
Quoting talentfx
yeah well see who comes out on top give me a year millions
P!ss off @rsewipe
  • #433,239
  • May 2, 2011 2:51pm May 2, 2011 2:51pm
anyone have experience with Netting Option? netting your positions into one and partial closers?

just curious
  • #433,240
  • May 2, 2011 2:51pm May 2, 2011 2:51pm
Quoting cloggie
I have never seen anyone being so proud for being so stupid and incapable of trading.
yeah, it's a real wtf situation...

pretty bizarre really...
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