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- giantgroup replied Jan 3, 2012
Watch out on gold. This is not a time to take trades.... For those long, tighten your SLs and, don't be in a hurry to short. I'll say the resistance is forming up nicely and I'll short 14/7 MA crossover.
- giantgroup replied Jan 3, 2012
And this is the chart in question
- giantgroup replied Dec 30, 2011
From yesterday's daily close, it appears that there's a pause in gold decline. Almost a morning star(???) 4H showed a clearer direction.....Notice a positive divergence on 4H and MACD on my second chart. So today I'm buying. Took a position from ...
- giantgroup replied Dec 22, 2011
Hello friends, I see no reason to long gold on account of yesterday's spike. Yesterday's candle was actually a doji and, please notice the point of that doji formation....... the 200SMA. I think that the most probable direction in the interim will ...
- giantgroup replied Dec 14, 2011
Cerntainly a moment of caution. Closed a further third of my position. And tightened SL to 1612.
- giantgroup replied Sep 13, 2011
Posiible to short @ 1850ish?
- giantgroup replied Sep 7, 2011
Saw your chart and compared with mine before going to bed las night and said what the heck? took a small risk.......see what greeted me this morning. Thank's for sharing. I still think gold is still heading up. This is one of those corrections ...
- giantgroup replied Aug 24, 2011
An interesting candle formation on the silver 4H. Could be a morning star sitting on a 200 SMA. and at 0.618 fib level. Innteresting to see the pattern of the next candle...... Could be the bearish decline is about to take a little breather
- giantgroup replied Jul 11, 2011
Caution on EURUSD shorts — If you consider 5min as enough timeframe to take into account a divergence, the downward momentum may be losing speed
- giantgroup replied Jul 8, 2011
No doubt, there is still an upward momentum,( from stochastics on the daily chart) but I fear a slight correction is imminent. The correction will probably be from around the region of 1548 ie 76.4% of the fib of 2nd May to 6th May correction. This ...
- Posts by Member Search: 'giantgroup'