Am I too late to join the gold rally @ 1212.30?

Please ask your TRADING STRATEGY.

noxide:
Am I too late to join the gold rally @ 1212.30?

noxide:
Am I too late to join the gold rally @ 1212.30?

wait till tomao and watout for reaction arnd 1204/1208

AmeLonRo:
Who knows where EJ may be heading this weak. I foresee a reversal to 145, then 143, then 141...

still bullish in my opinion, it will likely retest d 149.12

Yesterday was a blast
Selling ea and ga

Anyone looking at the AUD/USD....AUD/CHF?
These will provide volatile swings based on ystrdays gold surprise.

I'm basing on plain fundamental analysis here....
Australia - world's 2nd largest producer of gold.(after china). A huge swing in gold like ystrday shud favour the currency against USD.
CHF - Swiss referendum to not buy more gold into their federal reserve caused the initial dip in gold...but USA and Australia manipulated the market to keep their commodity on its feet.
Month chart shows steady decline in gold..so i'm not sure Australia can hold their ground right now versus CHF.

Though it is late but u can join me. I Sold Gold at Market price with stoploss @ 1255

Gold took me out last nite with net gain +1450pips

nfp week + strong dollar will not let me re-enter d trade for now. stand aside watching. no lelee

AmeLonRo:
Who knows where EJ may be heading this weak. I foresee a reversal to 145, then 143, then 141...

Agreed with u, watching d pair to Sell if 148 zone hold

You cannot tell me that you have not seen usdjpy sell According to ZIGZAG DOUBLE TOP now at 119.00 for a 110pips take profit. stoploss is 1;1.
Also EU is ripe for a BUY now at 1.2436 for a 70pips take profit. RRR=1;1

natruetalk:


Agreed with u, watching d pair to Sell if 148 zone hold

what a logical trader!!!!

tempted to sell GA. but will wait.. if EJ 4hr fail to close 148.14, am pulling out, else bon voyage.. hold EA buys as long as 1.4700 hold... happy piping..

it UK 2pm let play oyel.

just sold @ 68.32 Sl @ 69.32

if it goes against d trade with like 40pips i will jump out.

natruetalk:
it UK 2pm let play oyel.
just sold @ 68.32 Sl @ 69.32
if it goes against d trade with like 40pips i will jump out.

if u follow take d trade, move SL to BE and walk away.

Usdcad ride...has it begun?

www.forexsnipper..com

The Gold market surprised me yesterday>.>..... I was expecting to ride 1000pips..but after cashing out 500pips of half of my position, the surge began and hit the other half at Break even......I am coming with analysis soon.


Now I am riding Usdcad and Eurusd....hopefully they will last longer than Gold.....

I am also watching Gbpchf


Expect the Gbpchf and Gold analysis soon.


Meanwhile I have posted the intra day analysis of Usdcad and Eurusd on www.forexsnipper..com ....there is a lot to learn from that blog...Try to bookmark it

Riding Eurusd...I posted the analysis here on this thread....

natruetalk:


if u follow take d trade, move SL to BE and walk away.

it 1hr work

trade close with +120pip

back to my corner

hello please.. i need help.. i can browse with my system.. but my mT4 aint connecting.. any help.. av switched on and off several time.. btw i use XM.. how do i fix this.. tanx

PipSurgeon:
hello please.. i need help.. i can browse with my system.. but my mT4 aint connecting.. any help.. av switched on and off several time.. btw i use XM.. how do i fix this.. tanx

fixed had to reinstall a new one..

espeefx:
When George Soro made bank of England broke he used price action setup called fakey/hikkake setup to trade the signal that fetch him more than $1b. price action trading technique all the way.

Bros can you be more explicit on this price trading technique pls,to we newbie.thanks.

How To Find Out The Fair Value Of A
Currency?
The fair price of a currency is a rough
idea of what that currency is actually
worth, for example as everyone is
familiar with property prices, everyone
knows roughly what a house in your
area is worth. You may not have an
exact figure but a general indication
of price, if you go to the nice part of
town houses are roughly around x
amount and if you go to the worse
end of town house prices cost y
amount, so everyone has a fair
understanding of property prices as it
is engrained into us from a very
young age.
Currencies are the same as they also
have a fair value and they should
have a price which you know roughly
is what it is worth, now very often
their price will shift away from its fair
value whether that is above or below.
This grants an opportunity to get into
the market and trade those currencies
back to their fair value price, so how
do we as traders gauge what a
currencies fair value is?
The process is quite simple, if you
need to know the fair value of a
currency what you need to do is tune
into the market via the news and
analysis. So for example GBPUSD you
need to follow the news and what is
happening relating to that pair, so
XYZ happened today and the GBPUSD
went up for that reason once you
piece together all the reasons that
are driving that price you can say to
yourself, well ok when XYZ was
happening the price got to such a
level and then the price has dropped
but nothing has changed in terms of
further news releases and the dip in
cost has been accredited to profit
taking etc by that I mean nothing
tangible in terms of data points or
further news relating to that pair.
We then know that as there hasn’t
been any change in the variables that
the fair value of the currency is
actually where it reached prior to the
dip in price, the fair value is thus
based on the news moving the
markets, so we can ascertain the fair
value by reading keeping up with the
news, find an economic news site
that you feel comfortable with and
observe how news events affect a
currency by going to your charts and
just watch how price levels shift with
the release of the data.
Once you’ve ascertained a rough fair
price for the currency you can get an
idea of where you want to be getting
in to this pair to trade and also
roughly where you want to be taking
your profits based around that fair
price.

fxbomovi:
How To Find Out The Fair Value Of A
Currency?
The fair price of a currency is a rough
idea of what that currency is actually
worth, for example as everyone is
familiar with property prices, everyone
knows roughly what a house in your
area is worth. You may not have an
exact figure but a general indication
of price, if you go to the nice part of
town houses are roughly around x
amount and if you go to the worse
end of town house prices cost y
amount, so everyone has a fair
understanding of property prices as it
is engrained into us from a very
young age.
Currencies are the same as they also
have a fair value and they should
have a price which you know roughly
is what it is worth, now very often
their price will shift away from its fair
value whether that is above or below.
This grants an opportunity to get into
the market and trade those currencies
back to their fair value price, so how
do we as traders gauge what a
currencies fair value is?
The process is quite simple, if you
need to know the fair value of a
currency what you need to do is tune
into the market via the news and
analysis. So for example GBPUSD you
need to follow the news and what is
happening relating to that pair, so
XYZ happened today and the GBPUSD
went up for that reason once you
piece together all the reasons that
are driving that price you can say to
yourself, well ok when XYZ was
happening the price got to such a
level and then the price has dropped
but nothing has changed in terms of
further news releases and the dip in
cost has been accredited to profit
taking etc by that I mean nothing
tangible in terms of data points or
further news relating to that pair.
We then know that as there hasn’t
been any change in the variables that
the fair value of the currency is
actually where it reached prior to the
dip in price, the fair value is thus
based on the news moving the
markets, so we can ascertain the fair
value by reading keeping up with the
news, find an economic news site
that you feel comfortable with and
observe how news events affect a
currency by going to your charts and
just watch how price levels shift with
the release of the data.
Once you’ve ascertained a rough fair
price for the currency you can get an
idea of where you want to be getting
in to this pair to trade and also
roughly where you want to be taking
your profits based around that fair
price.

1 like your research spirit man.. Nwa***** its been a while. how market??

PipSurgeon:
1 like your research spirit man.. its been a while. how market??

Please who are u?

STOPLOSS hit on EURUSD, BUT USDJPY still dancing with -40pips

iheanyiebeneze:
You cannot tell me that you have not seen usdjpy sell According to ZIGZAG DOUBLE TOP now at 119.00 for a 110pips take profit. stoploss is 1;1.
Also EU is ripe for a BUY now at 1.2436 for a 70pips take profit. RRR=1;1

fxbomovi:
Please who are u?

one ghost like dat .. we were on FXairline before u disappeared..

patiently waiting for EJ to fall, EA to break dat support at 1.4612. GA support 1.88560..

PipSurgeon:
one ghost like dat .. we were on FXairline before u disappeared..

ok . I disappeared because dat airline almost crashed my phone because of d it's many messages. lol...

But I will be on board soon!

Please kindly ur previous post and remove d name. Thanks

INFORMATION

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buy EU now at 1.23333 for a 20pips, this is for scalpers.

Crude Oil Inventories data @ 4.30pm. tricky day

am eyeing for a buy @ above 67.40 below dt i will keep watching sideline. no lelee

natruetalk:
Crude Oil Inventories data @ 4.30pm. tricky day

am eyeing for a buy @ above 67.40 below dt i will keep watching sideline. no lelee

bough with 100pips sl

i will jump out if 67.4 taken out be4 my sl hit

if am right i will watchout for 68.30 levels as well