price action in gold last week has given a clear indication that the target will be closer to the 1284 mark but there is not clean/tradable bottom yet... i now view ~1205 as the ideal level to get aggressively long for a multi week swing play up to ...

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IMHO, "THE" bottom is already in place but a good tradable bottom is still pending...

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UJ (an inverse proxy for Gold) is looking like it may paint a reversal candle on H1...

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differing opinions is what makes a market buddy! cheers!

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ok so i just took a tiny short (half lot) at 1228.02, stop 1231, target is around 1200 but not firm if this plays well, i'll add to it on the next lower high

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yea I hear you, but the big money boys dont look at H1 charts when they build positions and while technically that was a retracement, it was a spike in both directions driven by fundies... so I would apply a discount to that one... additionally, ...

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I tend to agree with your view, I am also looking for a deeper retracement once this move up reverses... from a price analysis perspective, this move NEEDS a proper retracement to gain any real credibility... a 61.8% from current levels puts us at ...

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scrapped

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a quick chart to illustrate the idea: M15 image add: this is HIGHLY contingent on the premise that the high from this afternoon NOT get violated to the upside...

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if we get a confirmed lower high here, i'll add to my short note: this is a very short term trading idea, IMHO, we will move north after the retrace

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so you risked your entire portfolio on that trade?

Gold Annihilation System (New Supply - New Demand)

Hey Hunterrus, I have a question: on your first trade for this system: October 6th, Long, 5 lots @ 1187 what was your initial stop loss when you entered the position? thanks

Gold Annihilation System (New Supply - New Demand)

I just added a small short at 1217, stop at 1221 targeting 1197 hopefully it gets there by tonight or trw, it would be a perfect retracement for the bulls to get heavy long on a counter trend/relief rally hope it works! cheers

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been away from my desk for the last 5 hours or so... damn! talk about bad timing!!

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nice entries!

USD/JPY Discussion

ok you win feel better!

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dude, enough already... if you dont like someones work, thats ok, just dont read it please dont ruin everyones day by constantly talking trash... i am politely requesting that you stop this assault and just chill out...

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I think all these people who have opinions on the analysis of the more seasoned traders, should back up their trash talk by posting some original analysis of their own, rather than regurgitating what they read on the internet... maybe they will ...

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good morning all! wishing you a good week ahead... gonna be a lot of fun with all the central planners scheduled to speak play safe!

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right on dude!

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