Attachments: The WoRmHoLe

The WoRmHoLe

#17,701
Aug 26, 2011 11:18am Aug 26, 2011 11:18am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting mloistianto

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I bail. Well, not a very good weekend though. Thats it. Have a nice day people

Ignored

Have a good weekend buddy

#17,702
Aug 26, 2011 11:25am Aug 26, 2011 11:25am

mloistianto
Joined May 2009 | Status: Trader | 2,382 Posts | Online Now

Quoting nAVIN2007

Disliked

Have a good weekend buddy

Ignored

U got your bull back..

Looks like a valid signal for buy..

At least 1.6375 will be reached today hopefully.

#17,703
Edited 1:32pm Aug 26, 2011 11:33am | Edited 1:32pm

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting mloistianto

Disliked

U got your bull back..

Looks like a valid signal for buy..

At least 1.6375 will be reached today hopefully.

Ignored

well i exited..i simply got very lucky..taking money and running..i think theres news over weekend and as far as im concerned this is counter trend trade so it could turn quite easily

the objective behind my long were to go to this area on chart..i didnt think the low would go B4 testing the target area

notice my usdlfx chart..the bit highlighted brown..notice 3 low exactly the same..this tells me that area is protected heavy..not willing to sTay in bad trade.. with this kind of scenero

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#17,704
Aug 26, 2011 2:50pm Aug 26, 2011 2:50pm

Rapid
| Joined Mar 2011 | Status: Trader | 469 Posts

Quoting Rapid

Disliked

Wonder if gold will go back up to 1810 to form a right shoulder before coming down. With 1912 as the top.....

Anyway market this week have been crap except for gold

hopefully some fireworks will go off this weekend.

Ignored

OK. Short 1818 again
0.1 lot
stop @ 1912

#17,705
Aug 26, 2011 4:01pm Aug 26, 2011 4:01pm

trj6911
| Joined Jul 2009 | Status: Trader | 567 Posts

gday fellas silver trade hasnt been triggered ,reckom EU will break utl spent to much time up there see how she gos and moved stop on AUDCHF +20 Floating at +260ish.cheers.

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#17,706
Aug 27, 2011 9:31am Aug 27, 2011 9:31am

riko2705
| Joined Aug 2009 | Status: Trader | 781 Posts

Quoting wormboy

Disliked

No crows, the formation did not form at day close. I will stand aside & wait for the weekly close & see if we will get a bearish engulfer to sell from. As it stands, atm the weekly is forming the bearish dark cloud cover instead. Position is still flat.

Good luck.

Ignored

ı asked daily candle thread but no one interested..
if you dont mind me asking how can we read these?
thanks and happy eid..

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#17,707
Aug 27, 2011 10:01am Aug 27, 2011 10:01am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting riko2705

Disliked

ı asked daily candle thread but no one interested..
if you dont mind me asking how can we read these?
thanks and happy eid..

Ignored

nobody knows..that is why nobody comment..it looks to me, buying is risky its at a resistance area perhaps

cannot be sure, gold has been rising and a bigger correction can be on the cards..but if u want to try and risk account might be good to buy..otherwise wait.

Im sure azim would say the same thing!..lets see

#17,708
Aug 27, 2011 1:48pm Aug 27, 2011 1:48pm

riko2705
| Joined Aug 2009 | Status: Trader | 781 Posts

Quoting nAVIN2007

Disliked

nobody knows..that is why nobody comment..it looks to me, buying is risky its at a resistance area perhaps

cannot be sure, gold has been rising and a bigger correction can be on the cards..but if u want to try and risk account might be good to buy..otherwise wait.

Im sure azim would say the same thing!..lets see

Ignored

thank you,
good trading.

#17,709
Aug 28, 2011 9:09am Aug 28, 2011 9:09am

chazzle
Joined Sep 2010 | Status: Trader | 11,327 Posts

Quoting riko2705

Disliked

how can we read these?

Ignored

No hammer there - hammer signals a reversal of a bearish trend , i.e., look for it in a bear market.In a bull market this is looked upon as a hangman , but you need further confirmation from the next day's close.The next day closed bullish - a fraction away from the day high and beating any potential resistance from AUG 10 high so it's not really trade-able as either.

If I was looking to short gold ( and I'm not particularly ) I would try the mid of AUG23 candle real body at 1870 with a s/l at 1920
If I was looking to long I would try a retest of 1803 ( AUG10 close ) for a scalp

All the best

#17,710
Aug 28, 2011 1:39pm Aug 28, 2011 1:39pm

riko2705
| Joined Aug 2009 | Status: Trader | 781 Posts

Quoting chazzle

Disliked

No hammer there - hammer signals a reversal of a bearish trend , i.e., look for it in a bear market.In a bull market this is looked upon as a hangman , but you need further confirmation from the next day's close.The next day closed bullish - a fraction away from the day high and beating any potential resistance from AUG 10 high so it's not really trade-able as either.

If I was looking to short gold ( and I'm not particularly ) I would try the mid of AUG23 candle real body at 1870 with a s/l at 1920
If I was looking to long I would try a retest...

Ignored

thank you chazzle ..
good trading

#17,711
Aug 28, 2011 8:21pm Aug 28, 2011 8:21pm

smilemiz
Joined Jul 2010 | Status: Princess | 2,149 Posts

Quoting wormboy

Disliked

No crows, the formation did not form at day close. I will stand aside & wait for the weekly close & see if we will get a bearish engulfer to sell from. As it stands, atm the weekly is forming the bearish dark cloud cover instead. Position is still flat.

Good luck.

Ignored