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All Majors and Gold

  • #9,361
  • Dec 12, 2013 8:00pm Dec 12, 2013 8:00pm
Quoting jackychan167
{quote} agreed with you for the inverted hammer for for Weekly view. but the last candle seem like the opening price is higher than previous candle stick closing price ? does it mean this inverted hammer still work ? any idea?
the way I look at it is that the bears are winning the fight but could come close to an end....but lets see what father times gives us
Wooooohooooo or Boooooohooooo
  • #9,362
  • Dec 12, 2013 10:15pm Dec 12, 2013 10:15pm
Quoting gnomoneey
{quote} the way I look at it is that the bears are winning the fight but could come close to an end....but lets see what father times gives us

so far this market especially this GOLD really scare already... even thought it seem a good time for long.. but.... well, too damn volatile ..
  • #9,363
  • Dec 12, 2013 10:49pm Dec 12, 2013 10:49pm
Quoting jackychan167
{quote} so far this market especially this GOLD really scare already... even thought it seem a good time for long.. but.... well, too damn volatile ..
Yes, you are right, its time to Buy but market is very scary and it remains scary until XAU and USD finds relation. For the last 2 weeks Gold follows its movement and not following USD or have little impact. Today u can see US Index is getting higher and Gold is stagnant.
  • #9,364
  • Dec 13, 2013 12:14am Dec 13, 2013 12:14am
or maybe can see... got big buyer actually is trapping us especially small chick like us....


well, this normally i hate the most.... feel like those big bullet trader, control the trend.... once they in a group or being together... guess we small trader really have trouble....

anyhow.. good luck to us and also control ur risk.... at ur affordable risk to loose... dont over till margin call
  • #9,365
  • Dec 13, 2013 4:56am Dec 13, 2013 4:56am
current gold 1224.54

what do I see again this morning is
lower highs and lower lows.....so we are dropping again
Wooooohooooo or Boooooohooooo
  • #9,366
  • Dec 13, 2013 5:21am Dec 13, 2013 5:21am
last years game was abenomics from japan will this years be Stevens from Australia...can he drop his currency another 900 pips.
Wooooohooooo or Boooooohooooo
  • #9,367
  • Dec 13, 2013 5:28am Dec 13, 2013 5:28am
what's view for gold today ,,,, opinion plsssss...
Good taste is better than bad taste, but bad taste is better than no taste
  • #9,368
  • Dec 13, 2013 5:34am Dec 13, 2013 5:34am
Quoting hasmukh
what's view for gold today ,,,, opinion plsssss...

http://www.forexfactory.com/showthre...01#post7155101
Wooooohooooo or Boooooohooooo
  • #9,369
  • Dec 13, 2013 5:38am Dec 13, 2013 5:38am
Quoting gnomoneey
{quote} http://www.forexfactory.com/showthre...01#post7155101

thanks g

what will be sl for short gold ????
Good taste is better than bad taste, but bad taste is better than no taste
  • #9,370
  • Dec 13, 2013 5:44am Dec 13, 2013 5:44am
Quoting hasmukh
{quote} thanks g what will be sl for short gold ????
what do you think it would be....

it all depends on your money management
Wooooohooooo or Boooooohooooo
  • #9,371
  • Dec 13, 2013 5:53am Dec 13, 2013 5:53am
Quoting gnomoneey
{quote} what do you think it would be.... it all depends on your money management

i think it will be 1256 .... i short already @ 1227.50
if its go up above 1235 then i will short more n stay until 1256 yesterday's high ......

anyway lets see n thanks for confirmation .......
Good taste is better than bad taste, but bad taste is better than no taste
  • #9,372
  • Dec 13, 2013 6:35am Dec 13, 2013 6:35am
hi g feel like it shudnt cross 1231 area and a big drop is expected here, comment pls
  • #9,373
  • Dec 13, 2013 7:14am Dec 13, 2013 7:14am
Quoting amansuri1
hi g feel like it shudnt cross 1231 area and a big drop is expected here, comment pls
This is something I do when news are coming out.
Check out if estimate is positive or negative from last release. With that you'll know what direction it might take.
Then look at price action 15mins from release. Look to see if that direction is being pushed or other way. Then move to m1 at ins prior. Then watch again how price is reacting up to The minute it's release. Remember the bias for direction and it's current movement and potential last min leak, you can plan your trade.

Thats td what I do along with switching back and forth from m1 to m30 and looking at stochastic's direction.
Wooooohooooo or Boooooohooooo
  • #9,374
  • Edited 8:48am Dec 13, 2013 8:19am | Edited 8:48am
gold current 1233.07
took short 1234.24 tp 1184 sl 1242
-reasoning on h1 chart
everyone have a good weekend....
Wooooohooooo or Boooooohooooo
  • #9,375
  • Edited 6:17am Dec 15, 2013 6:05am | Edited 6:17am
what 's opinion about gold ......?????

opening up or down??????

in comex most of having selling position

n in asia market gold is looking strong so looking big movement

so let's see what will happen with gold next week ...........
Good taste is better than bad taste, but bad taste is better than no taste
  • #9,376
  • Dec 15, 2013 6:20am Dec 15, 2013 6:20am
Quoting gnomoneey
gold current 1233.07 took short 1234.24 tp 1184 sl 1242 -reasoning on h1 chart everyone have a good weekend....

what's in ur mind about gold for next week
Good taste is better than bad taste, but bad taste is better than no taste
  • #9,377
  • Dec 15, 2013 7:13am Dec 15, 2013 7:13am
My opinion - buy limit @1159 as it may scare bulls to buy gold by current prices. Major players must show that gold will fall, and only then we can see rising,
also if you are long time player like me - out's time to enter long by very small lots as it can drop
  • #9,378
  • Dec 16, 2013 5:52am Dec 16, 2013 5:52am
A break & Hold below 1228.50 gets Gold to 1223............
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm5.png Size: 33 KB
Money Makes Money
  • #9,379
  • Dec 17, 2013 1:53am Dec 17, 2013 1:53am
Quoting KiwiOz
A break & Hold below 1228.50 gets Gold to 1223............ {image}
Can we have your taget at US session 17/12, before the FOMC.
  • #9,380
  • Dec 17, 2013 4:08am Dec 17, 2013 4:08am
friends watch U/J n silver ... silver move faster than gold you will get better idea ..always look U/J perfectly hedged with Gold ..clear indication to know the gold direction watch silver n U/J .. if U/J rises then in few hrs gild will drop n vice versa .. once U/J hit 104-5 gold will be under 1100 mark my words ... I am long on U/J n Short on Gold ... good all
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