All Majors and Gold

EVen I want to copy ur trades and I am damn serious

LOL if i was him, i would not even be home right now...I'd be hitting the golf course or doing some fishing

As expected, the rebound of the gold is still blocked on the 20 days average. The Adx indicates that the bearish trend is very strong. A short entry is required on Monday in the opening, below the low of today.

so 99.3% of all COMEX shorts on gold were done by the one and only JPM! wow look at that... wonder if they made any money from the SL's or is Dimon trying to outsmart the market.

I am not too sure about this. There is no doubt that JPM’s gold inventories at Comex have fallen, but we don’t know why. The short on the market was on futures and options. I can tell you for certain that 1,966,000 troy ounces of gold are not out in the open markets as no one seems to have any physical spare right now. This may have just been moved from registered gold, stores in the Comex approved vaults and therefore deliverable, and eligible gold inventories into an unregistered vault, or someone has taken delivery on these on a contract due.

this reply wasn't meant to get mad at your comment but as to explain why I started this thread and my purpose in posting. as gazwer was demanding me to posts my entries...I stopped doing that as I think Ive proven myself as a good ta with my charts and views

cheers brother

golf not
fishing not
hanging out in patio watching skin and hardly clad clothe women come out of the cocoon from the winter is my thing....

enjoy bro.....

My $40000 lost in 7 months because of gold and a local broker. Real shocked. Still got $2400 in my standard account. Really don't know what to do. Those traders of mine hedged it. Still got long @1751 and short @1361. FML. Any suggestion from you guys? Really wanna make my money recovered.

Hi Gno,

Next week range maybe 1320 - 1520..
Is close below 1485.. Fail to break above... This just my opinion..

sorry about your loses
and again I don't give advice on how you should trade and you should not take any advice from anyone here
the only I can suggest is learn to control your money management and not to be too greedy with gold as she will kill you

good luck and sorry again for your lost....green pips with from now on

wow 1320 is a big drop....

Thanks, Gno. I can't actually trade gold. Those traders of mine who said they're an expert traded it. And of course it's a standard account, seems it's a dead end if they would continue to trade it. This $40000 of mine is given by my Dad 7 months ago. FML

been there where someone else traded for me and losts my money
after that I said fuck it and I started learning how to do TA and still learning....
hope you find your trading soul and trade yourself and this way money lost is by you not others....
good luck bro

ok time to sleep been up now 20hrs .....rest time now....

gnight all

http://www.bloomberg.com/news/2013-0...-analysis.html


from next week , new downside wave will start

Thanks, bro. I cant trade it have no balls to enter the market due to the minimum equity.

I see bull experts posting their charts with trendlines why gold will go up from now on.
But it is strange to see that their arguments are based on 1-2 reason, while bearish
arguments are much stronger now. Additionaly they forgot that there was much more reasons
why it had to break 1620 up, not 1500, then 1400 then 1350 down.

right now we are in breash dip and bears still haven't said their next move after some
recovery from 1320 started.

remember cyprus crysis week and what 80% of experts interviewed by bloomberg said.
1620, then 1650, etc. what we had? 1320!

G'day all ,
I'm a newbie to Forex trading , I have been trading in demo and live since early last year. With little experience and little funds i believe the best way to trade right now is to get in and get out and make some quick $$$$$ and build equity. This will then give you a free mind and an account size over time to up your lot sizes and to capitalize on the larger price moves either way in the future and so on . Reading forecasts i believe can be a dangerous mind set in the current market as everyone is in it to win it. Major players forecasts can be just another plan implemented to manipulate minds to go the way they are forecasting then it burns you.
Some time ago i was informed to buy gold from a friend and as i did that was when it dropped in price and kept dropping i blew an account ( GREEN AS) . Still to this day i laugh at how much of a dickhead i was to listen to some one else based on what information they were being fed ...the saga goes on.
No one else s fault but mine for blindly entering the market based on Info from a friend. ( We are still mates hahahaha).

I suppose this message can be addressed to anyone with smaller accounts and wanting to build smaller accounts up by over risking by forgetting risk ratios based on balance when there is big price moves . As an example two weeks ago i caught some of the fall in Gold from a small account of $200 and piggy backed my trades going short and managed to build it to 2k over a two day period. They were lots sizes from 0.01 , 0.05 and 0.10 Basically as the price moved down and it was so evident with nothing on your charts to see what was going on as it was that strong i exited all trades once it slowed down with a close all positions EA.
Trading this way to get that account up to a decent size so you can trade with money management to hold positions much longer and less stress will take some patience waiting for these moves. This will teach you i guess not to over trade as well for the future when you have a larger account . Right now this is what is going on with Gold with larger moves either way and it seems to be the time to milk it for what its worth. Just don't be trigger happy and be patient and you will succeed in building your account equity up.

Anindocortez sorry to hear of the loss but mate get back on the horse and take advantage of what is to come but don't get greedy in relation to trying to make back what you recently lost from the hand of others. Overtime you will make that and some if you have patience and catch some of the big moves.

Hopefully this makes some sense for those who need to spark there mind into believing they can make some $$$ but it is how they approach it under there situation.There is certain situation you cannot go wrong so take advantage of it.

Gno has a great thread here and i think there is plenty of support from the active fellow traders in here and plenty to learn from them all . I am not so active here but overtime i would like to once i get my head around analysts and fundamentals so we all can rape from the rich. hahaha

can't see the attached chart in the article can any1 see the attached chart ??

3 reasons to go down .. only doubt good uptrend last few days..