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All Majors and Gold

  • #381
  • Nov 8, 2012 2:03pm Nov 8, 2012 2:03pm
Quoting harshfxx
Green pips
Let me get this right - you went long 33 hours ago at 1730 - price has been down to 1702 and you're only now into profit?????? That's some kind of stop loss for an $8 target.......
  • #382
  • Nov 8, 2012 2:06pm Nov 8, 2012 2:06pm
Quoting harshfxx
Green pips
Missed this
Good job on being patient.

But you should try to cut your loss and come back in later
But I understand if you just kept it and for sure the mm is on as you are still around and that you didn't get margin call.
Wooooohooooo or Boooooohooooo
  • #383
  • Nov 8, 2012 2:07pm Nov 8, 2012 2:07pm
Quoting gnomoneey
Have you ever done this?
Also do you scale in and if so what percentage of your usual trade. Say you trade 1lot do you scale in at 1/10 or more

Thanks for the help,

G
Havent.
  • #384
  • Nov 8, 2012 2:10pm Nov 8, 2012 2:10pm
Quoting cg uno
Let me get this right - you went long 33 hours ago at 1730 - price has been down to 1702 and you're only now into profit?????? That's some kind of stop loss for an $8 target.......

I Have a business to run,so cant sit in front of screen all the time.And you know gold has been reacting weirdly recently.
Now will be buying on dips.
  • #385
  • Nov 8, 2012 2:11pm Nov 8, 2012 2:11pm
Quoting gnomoneey
Missed this
Good job on being patient.

But you should try to cut your loss and come back in later
But I understand if you just kept it and for sure the mm is on as you are still around and that you didn't get margin call.
Margin not a problem

If you see my eu entry i have TP set @ 1.3005 & loss @ 1.2690. I am not good at scalping.Nor i can.
  • #386
  • Nov 8, 2012 2:13pm Nov 8, 2012 2:13pm
Quoting harshfxx
I Have a business to run,so cant sit in front of screen all the time.And you know gold has been reacting weirdly recently.
Now will be buying on dips.

I appreciate you have a business but remember that gold is very volatile - a possible $22 loss when you are looking at a $8 target is pretty scary.
  • #387
  • Nov 8, 2012 2:14pm Nov 8, 2012 2:14pm
Quoting harshfxx
Margin not a problem

If you see my eu entry i have TP set @ 1.3005 & loss @ 1.2690. I am not good at scalping.Nor i can.
Good to hear that.

Do you mind giving some

Wooooohooooo or Boooooohooooo
  • #388
  • Nov 8, 2012 2:16pm Nov 8, 2012 2:16pm
Quoting cg uno
I appreciate you have a business but remember that gold is very volatile - a possible $22 loss when you are looking at a $8 target is pretty scary.

Thanks for the advice. Will take care next time.
  • #389
  • Nov 8, 2012 2:20pm Nov 8, 2012 2:20pm
http://www.forexlive.com/blog/2012/1...rches-to-1734/
GBP/USD
  • #390
  • Nov 8, 2012 2:20pm Nov 8, 2012 2:20pm
Quoting gnomoneey
Good to hear that.

Do you mind giving some


Sure,next month business profits goes to your account
  • #391
  • Nov 8, 2012 2:23pm Nov 8, 2012 2:23pm
gnomoneey how about short on gold now?
  • #392
  • Nov 8, 2012 2:35pm Nov 8, 2012 2:35pm
Quoting harshfxx
gnomoneey how about short on gold now?
No Idea
Sitting in mall looking at some nice ladies.

Will look at when I get home in Agee hours after the NYSE close.
Suggestion look at the monthly historical and see if any movement of this amount is followed either with retrace ment or consolidation.
Right now this movement is nice and if you look the tl bounce was cause of this up move and with tonight's news release in cny and tomorrow's news release in uk and eu and then later USA you can never tell

I stay put and basked on my profit today.
Wooooohooooo or Boooooohooooo
  • #393
  • Nov 8, 2012 5:17pm Nov 8, 2012 5:17pm
Quoting gnomoneey
No Idea
Sitting in mall looking at some nice ladies.

Will look at when I get home in Agee hours after the NYSE close.
Suggestion look at the monthly historical and see if any movement of this amount is followed either with retrace ment or consolidation.
Right now this movement is nice and if you look the tl bounce was cause of this up move and with tonight's news release in cny and tomorrow's news release in uk and eu and then later USA you can never tell

I stay put and basked on my profit today.
if this h4 closes below daily r1-1731.39 then we should approach daily pivot 1717.19
-which is also a new daily candle
what do you think?
Wooooohooooo or Boooooohooooo
  • #394
  • Nov 8, 2012 8:30pm Nov 8, 2012 8:30pm
Quoting gnomoneey
if this h4 closes below daily r1-1731.39 then we should approach daily pivot 1717.19
-which is also a new daily candle
what do you think?
i want to short eu au an gu
-which one do i take tonight
Wooooohooooo or Boooooohooooo
  • #395
  • Nov 8, 2012 9:04pm Nov 8, 2012 9:04pm
Quoting gnomoneey
i want to short eu au an gu
-which one do i take tonight

Now...

http://media.cnbc.com/i/CNBC/Section...iff-03-200.jpg
Always looking the GREAT, never left GOOD Point...
  • #396
  • Nov 8, 2012 9:06pm Nov 8, 2012 9:06pm
i am in with GOLD:

sell 1729.00 TP 1717
buy 1734.70 TP 1738

is it a good entry point?
  • #397
  • Nov 8, 2012 9:12pm Nov 8, 2012 9:12pm
Quoting gnomoneey
i want to short eu au an gu
-which one do i take tonight
none it is retracement day - risk on

Olu
If you think you can or cannot do it you are correct
  • #398
  • Nov 8, 2012 9:19pm Nov 8, 2012 9:19pm
Quoting Tsar
Now...

http://media.cnbc.com/i/CNBC/Section...iff-03-200.jpg
thank6
as both weekly saying to short these guys and yes they are retracing

ok sleepy time and i'm shorting at this level
1.27777 eu
1.6006 gu

thanks
Wooooohooooo or Boooooohooooo
  • #399
  • Nov 8, 2012 9:25pm Nov 8, 2012 9:25pm
Quoting jezek5
Yep.
S&P helped the push down in the Aussie today also,
S&P is looking heavy at the moment but its no surprise,
not only all the fiscal crap thats making the news but also
November is year end for a lot of big institutions so they'll
be booking profits,after all,up to now the S&P has had one of its best
years in the last 10 years,cap gain tax goes up next year also.

S&p chart,yesterday and tonight,looking for this level to hold and bounce.
Attached Image(s) (click to enlarge)
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You can remain irrational longer than you can remain solvent.
  • #400
  • Nov 8, 2012 9:28pm Nov 8, 2012 9:28pm
Quoting jezek5
Aussie.
Worth a punt.
Not sure how long i'll stay in it though.
I lowered my stop and have added to this trade.
Attached Image (click to enlarge)
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You can remain irrational longer than you can remain solvent.
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