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All Majors and Gold

  • #6,701
  • May 23, 2013 10:38am May 23, 2013 10:38am
Quoting gnomoneey
my gold view before I head out for the day m15 upward momentumh1 still bearish with potential drop to 1277 and also stochastics overboughth4 totally bearish with 1366 potential drop....let's see what we get.....
Did it hit yet 1277
fucking iPhone fucking sslow please update price
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  • #6,702
  • May 23, 2013 10:44am May 23, 2013 10:44am
1377.68 about 20 minutes ago
  • #6,703
  • May 23, 2013 10:45am May 23, 2013 10:45am
currently @ 1380 not doing much
  • #6,704
  • May 23, 2013 10:50am May 23, 2013 10:50am
Quoting gnomoneey
{quote}Did it hit yet 1277fucking iPhone fucking sslow please update price
u mean 1377?
it was 1377.59
now 1383
  • #6,705
  • May 23, 2013 10:50am May 23, 2013 10:50am
Quoting gnomoneey
{quote}Did it hit yet 1277fucking iPhone fucking sslow please update price

Even if you think its going to drop - I do not think you will see 1277 this week. There is H&S patter on H4 that may get broken for movement up otherwise we could test 1360.
  • #6,706
  • May 23, 2013 10:51am May 23, 2013 10:51am
Quoting rythmrig
currently @ 1380 not doing much
Ok thanks
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  • #6,707
  • May 23, 2013 10:53am May 23, 2013 10:53am
Quoting bugsbunny110
For now I can tell you that My shapes work fine on Gold It is up as expected {image}

Will this shape show on next day?
  • #6,708
  • May 23, 2013 10:55am May 23, 2013 10:55am
Quoting EricB
{quote} Even if you think its going to drop - I do not think you will see 1277 this week. There is H&S patter on H4 that may get broken for movement up otherwise we could test 1360.
Fucking iPhone 1377 is what I was looking for
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  • #6,709
  • May 23, 2013 10:58am May 23, 2013 10:58am
Heading back towards weekly pivot 1387
  • #6,710
  • May 23, 2013 10:58am May 23, 2013 10:58am
Quoting gnomoneey
{quote}Fucking iPhone 1377 is what I was looking for
H&S Pattern in process of getting broken. If it holds in the next hour we will see 1265ish. Otherwise we are up. For a break of range we have to break 1410.
  • #6,711
  • May 23, 2013 11:02am May 23, 2013 11:02am
Quoting gnomoneey
{quote}look at these charts..... {image} {image}
This is my Hs I've been following since Ben speech
is this same as you view
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  • #6,712
  • May 23, 2013 11:50am May 23, 2013 11:50am
What is this bs........oh Bloomberg I understand now


 

  1. [highlight=rgba(255, 255, 255, 0)]Williams Says Fed Could Increase Pace of QE Again After Tapering[/highlight]
    http://www.forexfactory.com/attachment.php?attachmentid=1199513&stc=1&d=1369325918

    From bloomberg.com

    [-webkit-auto]http://www.forexfactory.com/resources/images/icons/newsstory-quote.png[/-webkit-auto]

    [highlight=rgba(255, 255, 255, 0)]Federal Reserve Bank of San Francisco President John Williams, emphasizing the need for policy flexibility, said any move to reduce the pace of the central bank’s bond buying could be followed by an increase should the economy weaken again. “Even if we do adjust downward our purchases, it doesn’t mean we’re now in some autopilot of moving in the same direction,” Williams, 50, said in an interview yesterday in San Francisco. “You could even imagine a scenario where we adjust it downward based on good data and then adjust it back” if the economy weakened. Fed officials are debating the economic conditions ... (full story)[/highlight]

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  • #6,713
  • May 23, 2013 12:13pm May 23, 2013 12:13pm
H&S on H4 is broken.
  • #6,714
  • May 23, 2013 12:14pm May 23, 2013 12:14pm
Quoting EricB
H&S on H4 is broken.
Watch the next 4 hours - if we break 1410 we have broken the down trend.
  • #6,715
  • May 23, 2013 12:16pm May 23, 2013 12:16pm
There all as bad as one another mate. .....round and round we go.
Rob Peter ( Tax payer ) to pay Paul ( The Banksters and there mates) Point the finger at someone else just like the GFC . The merry go round will soon collapse for them.
  • #6,716
  • May 23, 2013 1:33pm May 23, 2013 1:33pm
Quoting rythmrig
Heading back towards weekly pivot 1387
back home now......

weekly pivot is 1377 not 1387....
daily r1 1400

do you find these useful for scalping and seeing why certain price points attracts current price action....
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  • #6,717
  • May 23, 2013 1:33pm May 23, 2013 1:33pm
If we don't get 1410 in the next 2-3 hours H&S still intact and potential downside targets in sight.
  • #6,718
  • May 23, 2013 1:34pm May 23, 2013 1:34pm
Quoting EricB
{quote} Watch the next 4 hours - if we break 1410 we have broken the down trend.
why do you say if 1410 is broken then uptrend is now confirmed?
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  • #6,719
  • May 23, 2013 1:37pm May 23, 2013 1:37pm
Quoting gnomoneey
{quote}why do you say if 1410 is broken then uptrend is now confirmed?
No up trend isn't confirmed but downtrend is broken. Uptrend is confirmed only on consecutive breaks of 1430, 1465, 1490 and finally 1523.
  • #6,720
  • May 23, 2013 1:38pm May 23, 2013 1:38pm
Quoting EricB
{quote} No up trend isn't confirmed but downtrend is broken. Uptrend is confirmed only on consecutive breaks of 1430, 1465, 1490 and finally 1523.
ok good ....for me 152x is totally we are heading back to higher level...
thanks,
G
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