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EURUSD

  • #787,921
  • Apr 15, 2013 9:04pm Apr 15, 2013 9:04pm
gold is on bad footing here... atleast another low expected
  • #787,922
  • Apr 15, 2013 9:08pm Apr 15, 2013 9:08pm
Quoting Pip Anon
On the daily, nice resistance around 1.3120. Currently seeing some support at 1.303, but I would like to see a test of the 20SMA @ 1.2933 and eventually the next major demand at 1.287 {image}
hmmm a long at 1.303 for a few might be good
  • #787,923
  • Apr 15, 2013 9:10pm Apr 15, 2013 9:10pm
Quoting gatorinla
it appears he is long biased. and anyone who trades the other direction is stupid

It seems, I always have short bias, but I respect buyers, this keeps me out of trouble
If you are new to Forex? Say Goodbye to your account!!
  • #787,924
  • Apr 15, 2013 9:12pm Apr 15, 2013 9:12pm
Quoting msetai
hmmm a long at 1.303 for a few might be good
In due time. I am hesitant to long before euro data. ZEW and CPI could prove a boost in either direction. Typical buying happening due to the selloff, except gold. No one wants to touch that.
When the facts change I change my mind, what do you do sir
  • #787,925
  • Apr 15, 2013 9:12pm Apr 15, 2013 9:12pm
Long gold in a demo 1328.xx
Attached Image
those who can, do. those who cant, talk about those who can
  • #787,926
  • Apr 15, 2013 9:15pm Apr 15, 2013 9:15pm
Quoting sidhujag
gold is on bad footing here... atleast another low expected
nope nothing is expected is just age old market, bears attack bulls defend bulls attack bears defend, presently they are in scrap, momentum is with bears, bulls are trying to build a base, punch kick punch kick, the battle rages on, make new lows watch out bull make new highs watchout bear

after many hours watching pa, it still amazes me the true dynamics never change, one will lose while another win over and over again
If you are new to Forex? Say Goodbye to your account!!
  • #787,927
  • Apr 15, 2013 9:19pm Apr 15, 2013 9:19pm
Quoting Pip Anon
In due time. I am hesitant to long before euro data. ZEW and CPI could prove a boost in either direction. Typical buying happening due to the selloff, except gold. No one wants to touch that.
i am not a gold bug.. hey, but we have the best chance of the week/year atm..
those who can, do. those who cant, talk about those who can
  • #787,928
  • Apr 15, 2013 9:22pm Apr 15, 2013 9:22pm
Quoting gatorinla
Long gold in a demo 1328.xx {image}

I am similar but not demo, is a counter trade against myself, but I feel could be few pips on table
If you are new to Forex? Say Goodbye to your account!!
  • #787,929
  • Apr 15, 2013 9:22pm Apr 15, 2013 9:22pm
Quoting gatorinla
i am not a gold bug.. hey, but we have the best chance of the week/year atm..
Well hell, it's like $250 cheaper than it was Wednesday. I mentioned before, I don't mind gold as a trade. I never felt gold was a good investment.
When the facts change I change my mind, what do you do sir
  • #787,930
  • Apr 15, 2013 9:24pm Apr 15, 2013 9:24pm
volatility has suddenly increased. its not the typical asia today. one direction either down or up
  • #787,931
  • Apr 15, 2013 9:24pm Apr 15, 2013 9:24pm
Quoting KiwiTrada
I am similar but not demo, is a counter trade against myself, but I feel could be few pips on table
sri lankan CB governor said on bloomy considering buying , he might buy few hundred ounce , key is china & india

is it long term trade ?
Mohan
  • #787,932
  • Apr 15, 2013 9:26pm Apr 15, 2013 9:26pm
Quoting KiwiTrada
I am similar but not demo, is a counter trade against myself, but I feel could be few pips on table
tp 1353... new short 3553.10$ s/l 3554
those who can, do. those who cant, talk about those who can
  • #787,933
  • Apr 15, 2013 9:27pm Apr 15, 2013 9:27pm
Quoting mohan76
sri lankan CB governor said on bloomy considering buying , he might buy few hundred ounce , key is china , is it long term trade ?
key is not china and srilanka can't move the gold prices. what are you talking I don't understand. key is India
  • #787,934
  • Apr 15, 2013 9:29pm Apr 15, 2013 9:29pm
Quoting Pip Anon
Well hell, it's like $250 cheaper than it was Wednesday. I mentioned before, I don't mind gold as a trade. I never felt gold was a good investment.
I mentioned 2 days back to one trader. don't catch falling knife but some of the pros over here give stupid calls due to which novice traders have to suffer. one of them just posted 2 posts back
  • #787,935
  • Apr 15, 2013 9:30pm Apr 15, 2013 9:30pm
Quoting forex4india1
key is not china and srilanka can't move the gold prices. what are you talking I don't understand. key is India

i did not say sri lanka is key. forex factory have more capacity than sri lanka , key is china & India who buy physical gold , once physical demand hick in paper gold sellers might windup trade
Mohan
  • #787,936
  • Apr 15, 2013 9:31pm Apr 15, 2013 9:31pm
Quoting gatorinla
tp 1353... new short 3553.10$ s/l 3554
voiding the new short... tp at 1353 is a partial.
those who can, do. those who cant, talk about those who can
  • #787,937
  • Apr 15, 2013 9:34pm Apr 15, 2013 9:34pm
Quoting mohan76
i did not say sri lanka is key. forex factory have more capacity than sri lanka , key is china & India who buy physical gold , once physical demand hick in paper gold sellers might windup trade
let me clear one thing out. nobody in india will sell gold even if it falls from 30000 to 15000. people in india buy gold on all dips. so gold will always be supported and bought in plenty in india. as long as the dollar valuations go I don't know but in rupee terms fall even if it is sharper won't cause panic selling. people have bought gold at 4000 rs and not sold them at 32000 rs. so no point in speculating about india
  • #787,938
  • Apr 15, 2013 9:35pm Apr 15, 2013 9:35pm
Quoting forex4india1
I mentioned 2 days back to one trader. don't catch falling knife but some of the pros over here give stupid calls due to which novice traders have to suffer. one of them just posted 2 posts back
There was in article in FF's commercial section that gave tweets from goldbugs screaming conspiracy. Gold hasn't glittered in the past year or so. Dan Einhorn and John Paul lost almost 700M during this.

Deflation! Deflation! Obviously the perceived value in gold has changed. I didn't hear this kind of crap during the 1000 pip spike in Yen pairs. No one complains when they make money, but it's the shadow global government that causes them to lose money.
When the facts change I change my mind, what do you do sir
  • #787,939
  • Apr 15, 2013 9:38pm Apr 15, 2013 9:38pm
i'm normally short but have mild fear today's shenanigans created an opportunity for buyers to enter. everything is a touch out of whack at the second
  • #787,940
  • Apr 15, 2013 9:39pm Apr 15, 2013 9:39pm
Quoting forex4india1
I mentioned 2 days back to one trader. don't catch falling knife but some of the pros over here give stupid calls due to which novice traders have to suffer. one of them just posted 2 posts back
hey da.... if you use mm.. it dont make a fuck... i am up and may set b.e. shortly... if you care to study a chart... you will see the reason.. further more i specified it was a demo.. if you have a problem with that i have some ball sweat your welcome too..

i posted it to prove a point... many of you dont have a clue
those who can, do. those who cant, talk about those who can
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