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  • #938,741
  • Nov 25, 2014 5:33pm Nov 25, 2014 5:33pm
I just had to check if i got any Gold positons open. Yes i have, Long positions, no TP.

However I doubt if this is really true. Must be some kind of a joke
Forex is a losers game.
  • #938,742
  • Nov 25, 2014 6:01pm Nov 25, 2014 6:01pm
Quoting TheNoob
{quote} ?... i only see it at 1200...? yes gold has found some support lower 1170...OMG...yes 1460 crazy spike up...it is not clear, i can't see that on my chart, i had to show you from somewhere else... {image}
i guess it must be big error...well, if someone is controlling this, he can be extremly rich extremly fast...
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  • #938,743
  • Nov 25, 2014 6:42pm Nov 25, 2014 6:42pm
Quoting gatorinla
{quote} close 2473.4... not above or below, exact. probably bearish..
usdx has a 87.86 low, it may need to retrace 10 pips lower.. that's = to about 22 pips on eu higher. 2506/22 is a R
those who can, do. those who cant, talk about those who can
  • #938,744
  • Nov 25, 2014 6:47pm Nov 25, 2014 6:47pm
Quoting TheNoob
{quote} i guess it must be big error...well, if someone is controlling this, he can be extremly rich extremly fast...
Some shady broker you're using.
We live in a finite world with infinite possibilities.
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  • #938,745
  • Nov 25, 2014 6:48pm Nov 25, 2014 6:48pm
Guess what folks!!!
im back!!!
We live in a finite world with infinite possibilities.
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  • #938,746
  • Nov 25, 2014 6:49pm Nov 25, 2014 6:49pm
Quoting fxtyrant
{quote} Some shady broker you're using.
1207.4x i see (last week)
those who can, do. those who cant, talk about those who can
  • #938,747
  • Nov 25, 2014 6:49pm Nov 25, 2014 6:49pm
Quoting fxtyrant
Guess what folks!!! im back!!!
back from where?
those who can, do. those who cant, talk about those who can
  • #938,748
  • Nov 25, 2014 6:59pm Nov 25, 2014 6:59pm
bbl
those who can, do. those who cant, talk about those who can
  • #938,749
  • Nov 25, 2014 7:03pm Nov 25, 2014 7:03pm
Quoting gatorinla
{quote} back from where?
someone senior decided to put me on temp suspension...

meanwhile had the chance to stay on the sidelines and read the posts coming out of EURUSD, still funny how hopeful bulls are still around thinking we may reverse....
typical monday retracement, looking to continue shorting the EURUSD. 1.25 looks like a good spot to load up first batch.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #938,750
  • Nov 25, 2014 7:18pm Nov 25, 2014 7:18pm
Quoting fxtyrant
{quote} someone senior decided to put me on temp suspension... meanwhile had the chance to stay on the sidelines and read the posts coming out of EURUSD, still funny how hopeful bulls are still around thinking we may reverse.... typical monday retracement, looking to continue shorting the EURUSD. 1.25 looks like a good spot to load up first batch.
2507 looks better as a possible min, 2506 ish and 2522 are R's.. maybe back to 2471 before up.. week/month bearish and its close to a new month.. a long reversal wick would be fine with me.
those who can, do. those who cant, talk about those who can
  • #938,751
  • Nov 25, 2014 7:20pm Nov 25, 2014 7:20pm
Quoting gatorinla
{quote} 2507 looks better as a possible min, 2506 ish and 2522 are R's.. maybe back to 2471 before up.. week/month bearish and its close to a new month.. a long reversal wick would be fib with me.
Meanwhile i turned Very bearish on the AUD.... like holy bejesus bearish....
AUDUSD im seeing 0.85 first then 0.78 next...
even if the commodities's fall slows down, expecting USD strength alone to lower the AUDUSD hard....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #938,752
  • Nov 25, 2014 7:28pm Nov 25, 2014 7:28pm
Quoting JackStephens
Awful day today for me.
Sorry to hear, we all, as traders have had awful days indeed. As time goes by we have less of them hopefully,
as we evolve with our trading.. or at least lesser awful days..
Takes a long time for sure.. but good luck in your endeveours..
  • #938,753
  • Nov 25, 2014 7:29pm Nov 25, 2014 7:29pm
dammmnn UJ!!Tyrant you good?...
  • #938,754
  • Nov 25, 2014 7:30pm Nov 25, 2014 7:30pm
Quoting fxtyrant
{quote} Meanwhile i turned Very bearish on the AUD.... like holy bejesus bearish.... AUDUSD im seeing 0.85 first then 0.78 next... even if the commodities's fall slows down, expecting USD strength alone to lower the AUDUSD hard....
83 target is about 3 years old.. yes bearish as in 2001 bearish or less
those who can, do. those who cant, talk about those who can
  • #938,755
  • Nov 25, 2014 7:31pm Nov 25, 2014 7:31pm
Quoting Vermillion
Let's see what happens. We're arriving at the 1.2500 range; if it acts as resistance, add shorts. If it's breached, and acts as support, we'll see more corrections. But honestly, if you've got a thousand dollars to burn. add a small short, wait a few weeks, and wait the profits roll (up to 1.2200 st least). IF you don't have a significant cache of funds, and you're an intraday trader, I recommend sitting out right now. We're too close to a resistance point to do anything. You could go long/short right at 1.2500, but it's literally a 50/50 gamble....
Good advice mate. Agreed.
  • #938,756
  • Nov 25, 2014 8:05pm Nov 25, 2014 8:05pm
Quoting fxtyrant
{quote} Meanwhile i turned Very bearish on the AUD.... like holy bejesus bearish.... AUDUSD im seeing 0.85 first then 0.78 next... even if the commodities's fall slows down, expecting USD strength alone to lower the AUDUSD hard....
shorted that from .8750 nd just closed at .8570 ... wish i didnt close

looking for an entry point
  • #938,757
  • Edited 8:23pm Nov 25, 2014 8:07pm | Edited 8:23pm
Quoting fxtyrant
{quote} Some shady broker you're using.
sTOP raging against me just cuz you lost an old battle and took it bad...i have nothing against you, youre the only one here who search battles...maybe this is why somebody has suspended you...
the world will not always go in your way... the world isn't only a single same liquidity Algorithm for all...there is some very serious broker/internet sites who actually doesn't show this f....g spike on gold...the computers can do sh.t sometimes, and humans are supposed to control them...so don't blame my broker...
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  • #938,758
  • Nov 25, 2014 8:08pm Nov 25, 2014 8:08pm
For those who are wondering why the past few days have been terrible: remember, it's thanksgiving week.

While Thanksgiving isn't universally celebrated, it affects the volatility of pretty much all USD pairs, so expect to see weird movements and shorter ranges (which is happening right now). Volume isn't that high, given that it's almost holiday in the USA. If you can't adapt to the holiday market, I advise you to sit back and relax for a few weeks. Take a small short on the EUR/USD with plenty of margin left, enjoy life, and watch the profits roll in about a week or two.

You won't make a large sum of cash, but considering that trend is still strongly bearish (remember, current rise is only a temporary correction), you'll basically get guaranteed profit of a few hundred pips or more while avoiding future losses in an uncertain market. I also personally recommend watching the "xxx/JPY" pairs right now, specifically the GBP/JPY and the USD/JPY. Both of them are showing signs of correction, and I expect a significant correction to occur within hours or a day. If you don't want to short the EUR/USD, take a short on the yen pairs.

Just don't enter forex with the intent of making up lost money right away. You enter with the assumption that you have good odds of succeeding; you don't make a position just for the sake of making one.

Good luck, and happy early thanksgiving.

  • #938,759
  • Nov 25, 2014 8:11pm Nov 25, 2014 8:11pm
I am bull biased. Today my take is HH 2540. No LL today but I expect 2320 anytime this week.

Quoting StopRunFx
{quote} Wouldn't be surprised if this suddenly turned into a bull trap and sold off, cause it's a clear wide range on H1 and H4 and this may be just a vacuum move to some strong mid-range resistance. Volume is not huge in this rally by the way. But I will not short today, maybe tomorrow.
Quoting Vermillion
{quote} I'd lean more towards a mix of pump and dump & a bounce before further movement down. Like I said, both the major banks/institutions as well as professional retail traders are still bearish on this pair until at least 1.2200 (or 1.2000 depending on who you ask). The only question is how many shorts should we consider as the price continues to bounce; overextending your margins on profitable trades=worst thing you can do. It means you're risking your account on what should've been free money. But honestly, don't keep your hopes up for a change...
Quoting ottmnslap
{quote} yea and its non of these this move will last for days
  • #938,760
  • Nov 25, 2014 8:14pm Nov 25, 2014 8:14pm
Quoting fxtyrant
{quote} someone senior decided to put me on temp suspension... meanwhile had the chance to stay on the sidelines and read the posts coming out of EURUSD, still funny how hopeful bulls are still around thinking we may reverse.... typical monday retracement, looking to continue shorting the EURUSD. 1.25 looks like a good spot to load up first batch.
rOfl man... i have a stupid indicator specially for you... come and Watch it we will laugh at loud...i hope this time it is clear for everyone...i can't make it easier...
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