I decided to put this in the group because i feel this is and important level for gold, its meeting the 200 day ema in an ascending channel and if it is business as usaul it should short like hell here, on the other hand if it challenges the 200 and wins it just may be the buying opportunity that i have been waiting for. any feed back on this pair,or if you are also looking to buy gold jump in and discuss.
You need to be a member of Forexmospherians - Forex Traders Social Network to add comments!
Glad to be here
been away in the wars. we won but the victory may be phyrrhic, as some just like the curtains closed http://www.youtube.com/watch?v=Bqxnm6t3QMw
Read more…Forexmosphere - devoid of all dismay
The following video is based on a true story. Inspired by many of Sir Gissa's epic clips and trades... things I never seen before, never seen from anyone else.So the below clip is both a motivation and an exam. My assignment was to build a pyramid at least 10 levels on a randomly selected day preferably at least on 3 different pairs and the process to be documented.I do think that different platforms, charts and things placed on charts suggest different opinions about the market. Nevertheless sometimes but more often some very trade-able formations occur. What I find rather strange is that there are days when I cannot make a mistake while there are other days when I just cannot find a single pip on the chart.... and most strange is that there is nothing in between!As you all know I am not a pro and the biggest challenge in trading for me is to be consistent, to keep what I make and not to loose everything on the other day. The struggle and real psychological fight behind these…
Read more…You need to be a member of Forexmospherians - Forex Traders Social Network to add comments!
Comments are closed.
Comments
-
-
-
Message for Pixta: Viewing of Home page activity can be via the Vortex added with full screen option.
-
-
-
We had 3 ForeXmosphere members awaiting approval today, unfortunately those 3 had matching suspended IP addresses under the tab "SIGN UP AND SIGN IN" (found in the Member Management settings). Also viewed the profiles they had set up before suspending and found they were advertising stupidity and so on. Needless to say all 3 were then suspended for spam.
-
Updated security settings for the war against spammers on our main site:
A captcha as well as answer questions.
All new members will need to be approved by site admin.
All previous spammers now have their IP loaded into our blocked IP address list.
Hope the above helps.
Sir Gissa
-
Comments
http://forexmillion.com/forex-forecast/gold/3036-gold-forecast-from...
http://www.bloomberg.com//news/2015-01-15/gold-holds-below-12-week-...
http://www.bloomberg.com//news/2015-01-15/global-gold-demand-seen-r...
Good morning ,i am a spx and silver trader and follower and there seems to be correlation with gold and silver and s&p500 at present....so what i may add to your fine thread is this chart of my current spx following status...if spx breaks above the 2030 area then it may be on its way higher...however should it remain
within the confines of the current short to medium term downtrend then silver and gold may push up once again...incidentally the grey area is the base of a dark cloud cover formation
hi colin,yes i can your reasoning,my first gold short was stopped out,gold hasnt reached the high of the past two days yet so i will stand aside until it breaks the high or low of the current range.