currently XAU USD 1662 looks like a good entry point to try for WP (1700), if you didn't enter already, when I posted this during asian (1615 entry LONG).
Great stuff that GOLD. 
- #481
- Sep 27, 2011 4:42am Sep 27, 2011 4:42am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
Great stuff that GOLD. 
gbp-nzd +150 pips.only demo.
xau-usd long ,
xag-usd i hope go short the next days
xau-usd long ,
xag-usd i hope go short the next days
GBP NZD TP2 @ + 300 pips reached while I was asleep.
No stress low drawdown awesome trade, which still got some more downside (9650). I got what is mine and out for now!
- #483
- Sep 27, 2011 5:45am Sep 27, 2011 5:45am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
xag-usd i hope go short the next days
Good area to short is near WP upon WP rejection. This is 33.60-90 area. That's when you can look for PA to reverse and then short sell. I don't trade Silver at all, just monitor PA for hints on gold's PA.
- #484
- Sep 27, 2011 5:46am Sep 27, 2011 5:46am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
gbp-nzd +150 pips.only demo.
What else do you need ? Almost picture-perfect trade setup in my books.
what is PA?
Good area to short is near WP upon WP rejection. This is 33.60-90 area. That's when you can look for PA to reverse and then short sell. I don't trade Silver at all, just monitor PA for hints on gold's PA.
- #486
- Sep 27, 2011 5:55am Sep 27, 2011 5:55am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
price action! 
- #487
- Sep 27, 2011 6:06am Sep 27, 2011 6:06am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
Got new set of rims on for my car.
22's hopefully can last more than one season, roads here in Moscow are pretty bad!
http://2.static.slando.com/photos/li...045271_1_F.jpg
22's hopefully can last more than one season, roads here in Moscow are pretty bad!
http://2.static.slando.com/photos/li...045271_1_F.jpg
- #490
- Sep 27, 2011 6:15am Sep 27, 2011 6:15am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
the rims are from bbs?
i work many years by porsche,and Audi
Tesla is a sports car man, owning a sports car in Moscow is like committing suicide.
First of all the car wont last long, cause the road quality is very low. Second thing is safety, which is non-existent here, most fellas drive like barbarians. So the only car you can feel safe here with is an SUV. I got both the cayenne and Q7. However prefer the cayenne, cause it's much more sporty and dynamic. Q7 feels more like a family-SUV. Offroad Cayenne also beats the Q7 straight up.
- #492
- Sep 27, 2011 6:19am Sep 27, 2011 6:19am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
looks like GU and GJ-the dragon is gonna fly. GJ already cleared TL to the upside.
http://img684.imageshack.us/img684/2...h127092011.png
- #494
- Sep 27, 2011 6:48am Sep 27, 2011 6:48am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
do you still own the arrow in the chart, or is this template from the.
In the gu/j i went go long?
I think I will defer from posting the live setups soon. I will post setups over weekend (SL and TP and entry price). However during the week I will post charts for the reference only.
I think it's already obvious guys that I can make live calls with decent results.
The method I trade can be learnt by review of the charts, which I posted plenty.
If in any doubt, check my performance @ MONEYTEC, I used to run a thread there for 4 years and posted live calls.
Here are the links anyway FYI:
http://www.moneytec.com/forums/f228/...-trades-22423/
http://www.moneytec.com/forums/f228/...e-part1-20287/
Good luck guys!
- #495
- Sep 27, 2011 6:57am Sep 27, 2011 6:57am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
Also some word of advice based on over decade of live trading.
What was profitable trading on GJ-dragon back then, when I had a thread running @ Moneytec, is not anymore. Reason is that markets change, ranges expand/contract and you have to be aware of this. Liquidity suddenly evaporates, ranges contract, and you start loosing money.
You need to be aware of AWR/ADR/AMR on instruments, which you decide to trade. There has to be enough volatility, liquidity and decent range for you to cover the spread/commissions and ultimately make money trading the instrument.
So for starters I will suggest to stick with basics, which is EU/GU probably. EU recently has better performance and volatility that GU, although it wasn't that way always. Back in 2004-2006 GU and GJ were the kings of FX in terms on ADR/AWR.
Make sure you play in smart. Do not attempt to analyse/trade several markets at once, before you can master one single instrument. Start with EU/GU, then you might add UCAD/AU and others. Each pair got it's individual characteristics, and one can only learn them with 1000 of hours of screen time with the charts.
Anyhow for what's it worth I will continue posting decent setups, if I spot any I will let you know guys.
What was profitable trading on GJ-dragon back then, when I had a thread running @ Moneytec, is not anymore. Reason is that markets change, ranges expand/contract and you have to be aware of this. Liquidity suddenly evaporates, ranges contract, and you start loosing money.
You need to be aware of AWR/ADR/AMR on instruments, which you decide to trade. There has to be enough volatility, liquidity and decent range for you to cover the spread/commissions and ultimately make money trading the instrument.
So for starters I will suggest to stick with basics, which is EU/GU probably. EU recently has better performance and volatility that GU, although it wasn't that way always. Back in 2004-2006 GU and GJ were the kings of FX in terms on ADR/AWR.
Make sure you play in smart. Do not attempt to analyse/trade several markets at once, before you can master one single instrument. Start with EU/GU, then you might add UCAD/AU and others. Each pair got it's individual characteristics, and one can only learn them with 1000 of hours of screen time with the charts.
Anyhow for what's it worth I will continue posting decent setups, if I spot any I will let you know guys.
- #496
- Sep 27, 2011 6:59am Sep 27, 2011 6:59am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
USDX update
http://img819.imageshack.us/img819/6...4227092011.png
Dollar support didn't hold, so we will proceed lower now to WS1 as proposed previously.
http://img819.imageshack.us/img819/6...4227092011.png
Dollar support didn't hold, so we will proceed lower now to WS1 as proposed previously.
- #497
- Sep 27, 2011 6:59am Sep 27, 2011 6:59am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
http://img571.imageshack.us/img571/8...h126092011.png
USDX H1. I believe we are topping out before a correction. This is not a major long-term top. This is visualized by the ping-pong in a tight range. Dollar is ready for a retrace. Current quote is 7815 near WP. I think we are going to break WP and head to WS1 @ 77.20.
This should give some room for EU/GU to gain upside momentum, however not for a long time.
Overall I see dollar being stronger, and trading way higher beyond current levels. However all good...
- #499
- Sep 27, 2011 7:12am Sep 27, 2011 7:12am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
and break the 1720? we go short?
Right now it doesn't look like a short to me at all.