#XAUUSD volumes quite low. Seems like buyers are holding back for the news.
{quote} yup.. i agree..... it was much long wait for price to hit this low.. now it will be more long wait for price to beat all those celings above..
.. let see what happens ya.. i got 1 more down there that just waiting to be filled IF the price goes lower.. hehehehe.. good luck and good trades buddy.. and to all here too!! cheers!!
goodluck to you too! 
- #845
- Apr 24, 2014 7:21am Apr 24, 2014 7:21am
{quote} I can tell you I closed the short position because technical analysis Tools showed me that it is better to close them and buy And if you stand up with the action platn I add here you will likely make profit I have a Buy in 1280 And in 1270 I buy more size X2 Stop is wide enough If you do the same I think even if we loss this you should feel good that you worked organized with a clear plan that involves a lot of sense So if you work like this always you eventually be profitable GL HF
i dun frequently appraised posts but this time.. its well said Sir Nitsan
..
{quote} I can tell you I closed the short position because technical analysis Tools showed me that it is better to close them and buy And if you stand up with the action platn I add here you will likely make profit I have a Buy in 1280 And in 1270 I buy more size X2 Stop is wide enough If you do the same I think even if we loss this you should feel good that you worked organized with a clear plan that involves a lot of sense So if you work like this always you eventually be profitable GL HF {quote} Take 2 in 1355
- #847
- Apr 24, 2014 7:27am Apr 24, 2014 7:27am
{quote} yes mate I agree! the key is discipline and consistency. Fingers crossed, I have last buy in 1263. Hope it won't go there before reverse though
..bro.. u ah!! but its true too.. hehehehe
- #850
- Apr 24, 2014 7:36am Apr 24, 2014 7:36am
{quote} hahaha, news comes out already, very mixed...no immediate reaction on price...lets see
{quote} high unemployment claims.. it should be good for XAU.. it should react soon.. usually not immediate.. not like NFP..good luck buddy
Anyhow, let's take a break and be confident.. and most importantly, be prepared to lose
- #853
- Apr 24, 2014 7:52am Apr 24, 2014 7:52am
{quote} yeah, eventhough in investing.com it is rated as 2-star news, I think it it usually more impactful compared to core durable goods which is 3 star. Anyhow, let's take a break and be confident.. and most importantly, be prepared to lose
#XAUUSD, I'm in with big long positions, all with Breakeven SL. Once USDJPY comes down this baby should start flying high.
{quote} I beg to differ. Check out the historical charts of the impact, especially when both are released together. It seems that Core durables is more important. How can you check the historicals I hear you saying, thankfully there is an amazing resource for that. Check out forexrazor.com , click on their calendar and click on the analyze button on the right next to any event. Then chose any pair and click on all the previous releases for that news. Its invaluable for a trader.
, I didn't check any statistical number though. just my feeling everytime I see jobless claim, it sort of reacted...I think the magnitude at which it misses expectation do affect too...in this case, both missed by quite a lot..but in different direction. so we'll see..hehe
in that case, did you short usd/jpy as well?
- #855
- Apr 24, 2014 7:57am Apr 24, 2014 7:57am
{quote} nice source
PS> Just noticed Clock Trader was lurking here. After the way he treated Nitsan and many of us here! How funny and sad is that.
{quote} No I didn't short #USDJPY. I am just using it as a proxy for the strength of the USD, once that dies down from the news, #XAUUSD should shoot up. PS> Just noticed Clock Trader was lurking here. After the way he treated Nitsan and many of us here! How funny and sad is that.
I noticed many creepy users (even some of those with high impact sign) lurking here and there trying to cast doubt and say bad thing bout this thread, just treat it with a pinch of salt
we're here to exchange ideas and feedbacks..so far it works well, let's keep it that way - #857
- Apr 24, 2014 8:04am Apr 24, 2014 8:04am
{quote} No I didn't short #USDJPY. I am just using it as a proxy for the strength of the USD, once that dies down from the news, #XAUUSD should shoot up. PS> Just noticed Clock Trader was lurking here. After the way he treated Nitsan and many of us here! How funny and sad is that.
... u know what i mean?.. cheers!
{quote} well mate.. let him lurk.. to me, it is obvious and very obvious which thread is more interesting
btw, GOLD IS UP! I'm done for today, will go and write my thesis now. Have a good day bro and everybody here!
- #860
- Apr 24, 2014 8:08am Apr 24, 2014 8:08am
{quote}
