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All Majors and Gold

  • #3,821
  • Apr 4, 2013 6:10am Apr 4, 2013 6:10am
G say: I BELIEVE IN MY SYSTEM....
 G say: I BELIEVE IN MY SYSTEM....
G say: I BELIEVE IN MY SYSTEM....
Wooooohooooo or Boooooohooooo
  • #3,822
  • Apr 4, 2013 6:16am Apr 4, 2013 6:16am
Quoting gnomoneey
G say: I BELIEVE IN MY SYSTEM.... G say: I BELIEVE IN MY SYSTEM.... G say: I BELIEVE IN MY SYSTEM....
Long guns waiting @1537 - would be hell of a ride upwards from this level - might not see it today though, traders might save it for nfp tomorrow.
  • #3,823
  • Apr 4, 2013 6:21am Apr 4, 2013 6:21am
Quoting gnomoneey
G say: I BELIEVE IN MY SYSTEM.... G say: I BELIEVE IN MY SYSTEM.... G say: I BELIEVE IN MY SYSTEM....

G, you have to say it louder.

I would surmise wave down then up again.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #3,824
  • Apr 4, 2013 6:33am Apr 4, 2013 6:33am
Quoting Mr. Scott
G, you have to say it louder. I would surmise wave down then up again.
Increasingly looking like a burst downwards as previously mentioned, but who knows? Bernanke might
  • #3,825
  • Apr 4, 2013 6:39am Apr 4, 2013 6:39am
Quoting mark_it
Increasingly looking like a burst downwards as previously mentioned, but who knows? Bernanke might

Just to be clear, I am speaking to small waves.

Still see this as fifth wave down.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #3,826
  • Apr 4, 2013 6:42am Apr 4, 2013 6:42am
Quoting Mr. Scott
Just to be clear, I am speaking to small waves. Still see this as fifth wave down.
yep 5th. Where do you have the origin of your 5th wave?
  • #3,827
  • Apr 4, 2013 6:45am Apr 4, 2013 6:45am
Quoting gnomoneey
i guess i have a short now....
Cheeky short from just under 1547, target 1537/38, SL 1555.50
  • #3,828
  • Apr 4, 2013 6:52am Apr 4, 2013 6:52am
Quoting mark_it
Cheeky short from just under 1547, target 1537/38, SL 1555.50
I guess that was an ok trade at 1552
Wooooohooooo or Boooooohooooo
  • #3,829
  • Apr 4, 2013 7:00am Apr 4, 2013 7:00am
Quoting gnomoneey
I guess that was an ok trade at 1552

My hunch is a mini zigzag pattern is forming with 1550 ish as the peak of the zigzag

But gold does look like it's gonna fly! So standing by to cut losses - (luckily only a mini lot)
  • #3,830
  • Apr 4, 2013 7:01am Apr 4, 2013 7:01am
Quoting mark_it
yep 5th. Where do you have the origin of your 5th wave?
1603
The world you desire can be won. It exists.. it is real.. it is possible..
  • #3,831
  • Apr 4, 2013 7:19am Apr 4, 2013 7:19am
I'm out. Licking my wounds. Still a chance to go long and I think it's gonna POP!
  • #3,832
  • Apr 4, 2013 7:29am Apr 4, 2013 7:29am
long from 1549 (mini lot) target 1602. SL 1540. Keeping it small.
  • #3,833
  • Apr 4, 2013 7:45am Apr 4, 2013 7:45am
Quoting mark_it
long from 1549 (mini lot) target 1602. SL 1540. Keeping it small.
I'm out on this one. The market has got me today. Gonna take a pause before I lose all my profits.

Longs @1537/38 still waiting though.

NFP tomorrow - that should be fun!
  • #3,834
  • Apr 4, 2013 8:40am Apr 4, 2013 8:40am
Quoting gnomoneey
It's only retracing from low of last day then dropping again possible retracement is 1545 max then 1555 did i tell you guys i hate sl.....
well well.....hit both target....i hope soemone benefitted from this as i didnt.....

i hate stop loss......

Next to EU
Wooooohooooo or Boooooohooooo
  • #3,835
  • Apr 4, 2013 8:53am Apr 4, 2013 8:53am
well well we got screwed by staring at gold since yesterday when we should have been playing the jpy pairs.....jpy is back to devaluing their currency......wow 400 pip movement in 24hrs
Wooooohooooo or Boooooohooooo
  • #3,836
  • Apr 4, 2013 10:29am Apr 4, 2013 10:29am
Gold is trying for a mini bull run. First target is 1556.
  • #3,837
  • Apr 4, 2013 10:31am Apr 4, 2013 10:31am
Quoting mark_it
Gold is trying for a mini bull run. First target is 1556.
short order @1556 SL 1570
  • #3,838
  • Apr 4, 2013 10:34am Apr 4, 2013 10:34am
look at EURUSD fly!
  • #3,839
  • Apr 4, 2013 10:51am Apr 4, 2013 10:51am
Quoting mark_it
short order @1556 SL 1570
One of the biggest challenges to a trader is a triangle - it messes with the trader's patience and psychee, slowly winding them up.

When I see this, I pull back from the market and just let it scribe itself out.

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  • #3,840
  • Apr 4, 2013 10:55am Apr 4, 2013 10:55am
Quoting mark_it
short order @1556 SL 1570
short order in play from 1556 - let's see where it lands - thinking back down to 1548/44 at least.
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