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All Majors and Gold

  • #6,481
  • May 22, 2013 4:22am May 22, 2013 4:22am
Quoting razaali
{quote} https://www.tradingview.com/v/31CVuxWz/ look at this, 97-98 is a selling area . not buying bro
Everyone makes mistakes. Oil is a difficult instrument to trade on. I would advise you start with something simpler like a currency pair and learn about them thoroughly than get into a complex instrument like USOil or UKOil. I would also close any losing positions you have at the earliest opportunity. If you have gone into a buy above 94 its a high risk call.
  • #6,482
  • May 22, 2013 4:24am May 22, 2013 4:24am
On the gold, we have volatility levels at 3 months similar to those at 3 months touched on the bottom of 2008 and on the top of 2011. Primary low in formation?
  • #6,483
  • May 22, 2013 4:26am May 22, 2013 4:26am
Today I have no idea how the lady gold moving.. lol She looks like shoot up.. Resisting at 138x area..
  • #6,484
  • May 22, 2013 4:27am May 22, 2013 4:27am
Quoting elisab
On the gold, we have volatility levels at 3 months similar to those at 3 months touched on the bottom of 2008 and on the top of 2011. Primary low in formation?
Its a weak indicator. I think its best to rely on PA. There could be surprises ahead. On my Volatility Meter results are mixed still but with slightly more buyers than sellers. What we need is a sentiment change for a true bottom. Blees is at max 100 right now. It could be a tipping point.
  • #6,485
  • May 22, 2013 4:31am May 22, 2013 4:31am
Quoting EricB
{quote} Everyone makes mistakes. Oil is a difficult instrument to trade on. I would advise you start with something simpler like a currency pair and learn about them thoroughly than get into a complex instrument like USOil or UKOil. I would also close any losing positions you have at the earliest opportunity. If you have gone into a buy above 94 its a high risk call.

exatly bro, i m not trading in us oil at all, i only buy when oil price is around 84.
here was a man who was asking for info , for him i post this link. i was just giving advice him not to buy at such high prices
  • #6,486
  • May 22, 2013 4:34am May 22, 2013 4:34am
Quoting razaali
{quote} exatly bro, i m not trading in us oil at all, i only buy when oil price is around 84. here was a man who was asking for info , for him i post this link. i was just giving advice him not to buy at such high prices
Yes the advice was for him not you.
  • #6,487
  • May 22, 2013 4:37am May 22, 2013 4:37am
Quoting EricB
{quote} Yes the advice was for him not you.

than it will be great
  • #6,488
  • May 22, 2013 4:42am May 22, 2013 4:42am
Quoting k3nshinz3139
Today I have no idea how the lady gold moving.. lol She looks like shoot up.. Resisting at 138x area..
maybe FOMC meeting will make clear direction.....
  • #6,489
  • May 22, 2013 7:42am May 22, 2013 7:42am
any shorts here for gold?
  • #6,490
  • May 22, 2013 7:50am May 22, 2013 7:50am
Quoting forestmanfx
any shorts here for gold?
im gonna wait for bernanke, still holding long from 57..
  • #6,491
  • May 22, 2013 7:53am May 22, 2013 7:53am
Quoting alfierenadhy
{quote} im gonna wait for bernanke, still holding long from 57..
good idea,,,,
what abot 1399????for short???
  • #6,492
  • May 22, 2013 7:56am May 22, 2013 7:56am
just got off my shorts as they got dirty
Quoting forestmanfx
any shorts here for gold?
  • #6,493
  • May 22, 2013 8:00am May 22, 2013 8:00am
Quoting sunny2003nn
{quote} good idea,,,, what abot 1399????for short???
i dont know, but my chart showing its gonna break 1400..

what about mr gno think??
  • #6,494
  • May 22, 2013 8:17am May 22, 2013 8:17am
Gold is moving so fast, cant imagine the direction, where to go,,, Like a refugee.
  • #6,495
  • May 22, 2013 8:30am May 22, 2013 8:30am
directions not available....gno, eric any opinion on current gold movements
  • #6,496
  • May 22, 2013 8:35am May 22, 2013 8:35am
Quoting amansuri1
directions not available....gno, eric any opinion on current gold movements
sorry guys ....still very drunk from last night.
i'll look now....
from what I remember its ranging from 140x to 136x
Wooooohooooo or Boooooohooooo
  • #6,497
  • May 22, 2013 8:41am May 22, 2013 8:41am
hahaaha nice one...yah thats the range but difficult to assess where to go
Quoting gnomoneey
{quote} sorry guys ....still very drunk from last night. i'll look now.... from what I remember its ranging from 140x to 136x
  • #6,498
  • May 22, 2013 8:46am May 22, 2013 8:46am
Quoting gnomoneey
{quote} sorry guys ....still very drunk from last night. i'll look now.... from what I remember its ranging from 140x to 136x
bigger range is
1338-1488
150/2=75+1338
1408 = 50% fib

also draw an upward channel on h1
may 19 candle....take that bottom for first point touch yesterdays bottom
may 19 top candle take as your resistance channel.....
look what happens....
Wooooohooooo or Boooooohooooo
  • #6,499
  • May 22, 2013 8:48am May 22, 2013 8:48am
what market is this?
  • #6,500
  • May 22, 2013 8:48am May 22, 2013 8:48am
Quoting gnomoneey
{quote} bigger range is 1338-1488 150/2=75+1338 1408 = 50% fib also draw an upward channel on h1 may 19 candle....take that bottom for first point touch yesterdays bottom may 19 top candle take as your resistance channel..... look what happens....
then draw fib and see where next level is and then see if there's a support/resistance there....
then post please the chart....
Wooooohooooo or Boooooohooooo
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