That chart looks frightening because it seems that gold is going up. I hope it doesgo higher than 1110. Are you guys bearish. I have still got some short positions. I doubting myself and not sure if that is wise. Any thoughts
I have been waiting on a short for Gold as per Ashrafs tweets & IMT. I used a fib tool from the rise at 5/2/10 - 22/2/10) and the 618 retracement is approx 1077. I'm fairly new to trading and don't havemuch hands on experience, but looking at the Stocastics, they are heavily bearish.
I noticed Gbp/Jpy to be very volatile. I don't see many analysts giving any technical analysis or fundamentals. Those of you on this forum, do many people trade this pair.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
Hi, Is that a rising wedge on gold 1hr chart.
That chart looks frightening because it seems that gold is going up. I hope it doesgo higher than 1110. Are you guys bearish. I have still got some short positions. I doubting myself and not sure if that is wise. Any thoughts
I think they have blown their cover, because you can read them all like a book :)
- Any suggestions on my post earlier about the bradley model
I have been waiting on a short for Gold as per Ashrafs tweets & IMT. I used a fib tool from the rise at 5/2/10 - 22/2/10) and the 618 retracement is approx 1077. I'm fairly new to trading and don't havemuch hands on experience, but looking at the Stocastics, they are heavily bearish.
Thanks for the light in the dark. I really wanna trade this pair as the return is too good. Getting the best entry is paramount - Cheers
Much appreciated. People call this pair the beast, like you said, it can make you or break you.
I'm not the best of experts, but I have seen a bear flag on the daily chart and I am eager to speak/chat to someone about it. Check it out and see.
My question would be, with your take on things, when is a good entry point ( I'mnot going to holdyouto it) educationally speaking :)
Do you do Gbp/Jpy - If so , any suggesstions and do you know what drives it up or down. i.e if the USD is up, would that make the pair go down?
I noticed Gbp/Jpy to be very volatile. I don't see many analysts giving any technical analysis or fundamentals. Those of you on this forum, do many people trade this pair.