When should I get into this if I want to long it?
- #81,582
- Jul 1, 2014 6:20pm Jul 1, 2014 6:20pm
- | Membership Revoked | Joined May 2013 | 7,946 Posts
going down for the following couple months. Aussie is now near monthly and quarterly R1, will meet resistance and go down to monthly pivot which is also quarterly pivot. Last quarter the price is floated high above the quarterly pivot and missed it by a large distance. This quarter it will go down to catch that level. Target 9200/9100.
ignore wackos and psychos, including myself. But I can't add myself to iggy
- #81,583
- Jul 1, 2014 6:23pm Jul 1, 2014 6:23pm
- | Membership Revoked | Joined May 2013 | 7,946 Posts
ignore wackos and psychos, including myself. But I can't add myself to iggy
- #81,585
- Jul 1, 2014 7:07pm Jul 1, 2014 7:07pm
- | Commercial User | Joined Oct 2012 | 3,968 Posts
Hope can be a dangerous thing.. 
- #81,587
- Edited 7:36pm Jul 1, 2014 7:14pm | Edited 7:36pm
- Joined Oct 2013 | Status: Trader | 1,929 Posts
AU - Daily - A little divergence building? I'm not and indie guy so anyone who is....comments welcome. RSI 8 {image}
Daily
On the news side from AUD,
- AU's latest monetary policy was somewhat flat
- AU is on its 4th GDP consistent growth
On the news side from USD,
- Q1 GDP disappointment
- rest are mixed data
On the news side from China,
- HSBC Final Manufacturing PMI is on its 4th month consistent growth. (heavy metal, copper consumption)
My impression is the bull in AU is quite healthy and might even go high on Thursday if no fireworks from US NFP.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
35.8%
- #81,588
- Jul 1, 2014 7:19pm Jul 1, 2014 7:19pm
- | Membership Revoked | Joined Feb 2013 | 1,022 Posts
Trade at your own risk.
- #81,590
- Jul 1, 2014 7:23pm Jul 1, 2014 7:23pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
Hope can be a dangerous thing..
[quote=Ck87;7575038]{quote} Hope gold longs get slaughtered.. I wanna hear some more piggies squealin
A good trader follows his rules, but great trader knows when to break them
- #81,591
- Jul 1, 2014 7:24pm Jul 1, 2014 7:24pm
- | Commercial User | Joined Oct 2012 | 3,968 Posts
[quote=ill_be_back;7575041]{quote}
Glad you caught that haha 
{quote} Hope gold longs get slaughtered.. I wanna hear some more piggies squealin
- #81,592
- Jul 1, 2014 7:25pm Jul 1, 2014 7:25pm
- | Membership Revoked | Joined Feb 2013 | 1,022 Posts
Trade at your own risk.
- #81,593
- Jul 1, 2014 7:32pm Jul 1, 2014 7:32pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
LOL... Gold is a long term investment. Since selling from the top these are the levels I see getting broken. The green already have. The red yet to come. 
Ghost Rider - WWTBMD?
- #81,594
- Jul 1, 2014 7:32pm Jul 1, 2014 7:32pm
- | Membership Revoked | Joined May 2013 | 7,946 Posts
ignore wackos and psychos, including myself. But I can't add myself to iggy
- #81,595
- Jul 1, 2014 7:32pm Jul 1, 2014 7:32pm
- | Commercial User | Joined Oct 2012 | 3,968 Posts
{quote} But, I hope you don't "CRY" if they keep going up... hahahaha http://www.bloomberg.com/quote/CRY:IND I still don't understand why people are saying that commodities are down?!?!?! Who are you people and where do you come from?!?!?!
Gold definitely in a bear market but could have bottomed for all we peasant traders know
On a side note grains are getting absolutely destroyed, loving it. Can't wait for the bargains on Corn/Wheat/Soy
- #81,597
- Jul 1, 2014 7:35pm Jul 1, 2014 7:35pm
- | Membership Revoked | Joined Feb 2013 | 1,022 Posts
{quote} Gold definitely in a bear market but could have bottomed for all we peasant traders know
I ain't know you was a doggone wheat trader!! lmao
Trade at your own risk.
- #81,598
- Jul 1, 2014 7:36pm Jul 1, 2014 7:36pm
- Joined Dec 2012 | Status: On Life's Path | 2,076 Posts
{quote} Gold definitely in a bear market but could have bottomed for all we peasant traders know
- #81,599
- Jul 1, 2014 7:42pm Jul 1, 2014 7:42pm
- Joined Jan 2011 | Status: dump and pump | 4,055 Posts
{quote} Gold definitely in a bear market but could have bottomed for all we peasant traders know
All posts are my personal opinion
- #81,600
- Jul 1, 2014 7:45pm Jul 1, 2014 7:45pm
- | Membership Revoked | Joined Feb 2013 | 1,022 Posts
{quote} Gold definitely in a bear market but could have bottomed for all we peasant traders know
Trade at your own risk.