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  • #642,521
  • May 11, 2012 3:47pm May 11, 2012 3:47pm
Quoting Paulenok
I have taken screen and taken notes of that. Gonna post what I meant in like 6 hours. Off now.

Green pips all!
Ladies and Gentelmen, patience is virtue
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  • #642,522
  • May 11, 2012 3:56pm May 11, 2012 3:56pm
I could careless about patterns but they do have a statistical value. What I care about is the price action. I have programs that sniff out buy and sell algorithms by the smart money. They have started accumulation that is what I care about... They are simply buying I seen them start last night and watched them do it all day friday. The can still push it lower but the simple fact remains they are net net buyers. Now technically here is what you would like to see min target would be the C point... Above that is the gap fill. They might be upset I know this but simply too bad
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  • #642,523
  • May 11, 2012 6:12pm May 11, 2012 6:12pm
any predictions about Gold??? do you think guys it's time slowly to place some small positions???
  • #642,524
  • May 12, 2012 12:21am May 12, 2012 12:21am
Quoting Fxbandito
I could careless about patterns but they do have a statistical value. What I care about is the price action. I have programs that sniff out buy and sell algorithms by the smart money. They have started accumulation that is what I care about... They are simply buying I seen them start last night and watched them do it all day friday. The can still push it lower but the simple fact remains they are net net buyers. Now technically here is what you would like to see min target would be the C point... Above that is the gap fill. They might be upset I...
may i ask which program/s are you using? this is good, i mean traders can input huge volumes at certain levels, but can be misleading if you know what i mean. but "smart money" is different. thank you
  • #642,525
  • May 12, 2012 12:36am May 12, 2012 12:36am
Quoting panosd
any predictions about Gold??? do you think guys it's time slowly to place some small positions???
CNBC Money in Motion predicts the gold will rise from the current price.
  • #642,526
  • May 12, 2012 12:44am May 12, 2012 12:44am
Quoting Arabella
Maybe Greece has to go back to vote? Not sure. Something to do with Greece. Check out news article on FF front page.
There is a price sensitive news on Sunday (New Yuan Lending ) . That would affect Euro and AUD.
  • #642,527
  • May 12, 2012 1:03am May 12, 2012 1:03am
Quoting panosd
any predictions about Gold??? do you think guys it's time slowly to place some small positions???

I am a buy position ! 1590.00 what should i do now ?? i am gona to cry !
  • #642,528
  • May 12, 2012 1:05am May 12, 2012 1:05am
Quoting thevadd
There is a price sensitive news on Sunday (New Yuan Lending ) . That would affect Euro and AUD.

What you mean ? Eu for buy ? Or sell ?
  • #642,529
  • May 12, 2012 1:10am May 12, 2012 1:10am
Quoting thevadd
CNBC Money in Motion predicts the gold will rise from the current price.


i have question ? if EU will fall to1.28xxx Then gold will high or low ? Actually i am new So i want to ask is there any connection between EU and gold >!

i am for long at - 1590.00 but now its too low now ! what should i do now ?
  • #642,530
  • May 12, 2012 1:31am May 12, 2012 1:31am
Quoting thevadd
CNBC Money in Motion predicts the gold will rise from the current price.
If you want to make some serious money then you should go exactly opposite of what you hear in "money in motion"
New voice message: Why are you calling me? If I need you, I'll call you!
  • #642,531
  • May 12, 2012 2:29am May 12, 2012 2:29am
Quoting chamoknet
What you mean ? Eu for buy ? Or sell ?
It depends on how much funds released. Forecast is 780 B , if the number is >= 780 B then you may see some uptrend for EUR and AUD.
Please check this site.
http://www.dailyfx.com/calendar/?tz=...=true&low=true
  • #642,532
  • May 12, 2012 2:32am May 12, 2012 2:32am
Quoting KillerWhale
If you want to make some serious money then you should go exactly opposite of what you hear in "money in motion"
Yes agreed. But Andy's predictions are good. You only see what their explations are. If that fits your plans then double ok. Thats how I see it.
  • #642,533
  • Edited 2:47am May 12, 2012 2:33am | Edited 2:47am
Quoting chamoknet
i have question ? if EU will fall to1.28xxx Then gold will high or low ? Actually i am new So i want to ask is there any connection between EU and gold >!

i am for long at - 1590.00 but now its too low now ! what should i do now ?
If EU falls Gold will fall (My guess is to 1575)
  • #642,534
  • May 12, 2012 4:01am May 12, 2012 4:01am
Quoting thevadd
If EU falls Gold will fall (My guess is to 1575)
sO MANY thanks for replay
So what should i do now ? should i close my trade at this loss or hold this trade for LoNG ? Actually i have forgotten to use SL so ....... Please help me
  • #642,535
  • May 12, 2012 4:07am May 12, 2012 4:07am
Quoting thevadd
It depends on how much funds released. Forecast is 780 B , if the number is >= 780 B then you may see some uptrend for EUR and AUD.
Please check this site.
http://www.dailyfx.com/calendar/?tz=...=true&low=true
THANKS a lot . But what you think where is going Mr. EU . Is it going to down or high ?, many traders in this forum said that can be fall more than 250 point , But My chart is showing something different . as i am not so much experienced . So i cannot belive my self .... Really bad Luck for me coz i am at long position.

Best of LucK for ( bad )EU..
  • #642,536
  • May 12, 2012 4:17am May 12, 2012 4:17am
Quoting chamoknet
THANKS a lot . But what you think where is going Mr. EU . Is it going to down or high ?, many traders in this forum said that can be fall more than 250 point , But My chart is showing something different . as i am not so much experienced . So i cannot belive my self .... Really bad Luck for me coz i am at long position.

Best of LucK for ( bad )EU..
Take a nice long look at this 4 hr chart of the last 2 weeks.
Then ask yourself just 1 question:

WHY AM I LONG WITHOUT SL?
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #642,537
  • May 12, 2012 4:23am May 12, 2012 4:23am
Quoting KillerWhale
Take a nice long look at this 4 hr chart of the last 2 weeks.
Then ask yourself just 1 question:

WHY AM I LONG WITHOUT SL?
Euhhhh.....Because you are a big looser?
  • #642,538
  • May 12, 2012 4:36am May 12, 2012 4:36am
Quoting chamoknet
sO MANY thanks for replay

So what should i do now ? should i close my trade at this loss or hold this trade for LoNG ? Actually i have forgotten to use SL so ....... Please help me
Ref to your Gold Trade:
If the volume is small you may keep it and accumulate some more at lower price. The price you bought can be reached in one day move up (not far away). If the volume is large, normally I dont like to accumulate more and more at lower prices (thats me ).
EUR is waiting for slight pull back on the following news:
13th May - CNY New Yuan Loans 780 B (expected) If this figure or better reported then then this is good for exports hence there will be pull back.
15th May - GDP figures released from Euro Zone. ( This is generally believed to be important. There will be some rertracement if we get some good numbers as EUR is already reached month low. ) Then you would also expect Gold to retrace.
So we have to wait and see on these two news events. I dont think its going to viontly react on Monday, so still you have time to put your stop loss just below 1575.
  • #642,539
  • May 12, 2012 4:38am May 12, 2012 4:38am
Quoting bagXpert
Euhhhh.....Because you are a big looser?
I'm not the one who's long
New voice message: Why are you calling me? If I need you, I'll call you!
  • #642,540
  • May 12, 2012 4:39am May 12, 2012 4:39am
Quoting KillerWhale
I'm not the one who's long
I haven't traded EU the whole last week
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