Close the gap or not close the gap ?? That's the all matter!

USD/JPY Discussion

Weekly and Daily charts are bullish and looks supportive for testing 50 as soon as this week or next. I m planning to go long when market open. I will use small amount of my capital considering a risk of sharp correction after so much up movements ...

Silver

UJ is 149.11-149.31 (sell-buy) now at IG. If you re already long from Friday, congrats! 149 can be nice place to close gap but it can also visit our stops before closing gap. Tempting and risky

USD/JPY Discussion

Last week (29 sep - 03 oct) evaluation: It was good week. I was over my daily %2 target. I profited well from Gold and Silver last week especially on Monday and Tuesday. Wednesday also was good, but despite my good predictions on Gold and Silver on ...

Dreamer's Journal

I hope that there will be really improvement at Gaza for civilians, world has reacted already very late and insufficient to genocide against Palestinians. But, I don't expect much impact on Gold from this news. Underlying reason of this dramatic ...

Gold with No Drama

That Daily Pin Bar was worrying for bulls indeed and good bearish sign normally. But, up trend is so strong and fundamentally supported (CBs, institutions, individuals buyings) in Gold that I avoid shorting even with valid bearish signs. Instead, I ...

Gold with No Drama

Sanae Takaichi has been elected as new LDP leader, so as new PM. url There is already 100 pips up gap at IG weekend for UJ. It looks around 148.50 now. Closing gap can be good strategy at Sunday night (Monday Asia session), though risky also as ...

USD/JPY Discussion

Daily and Weekly are quite bullish at the end of week. 3950-4000 levels look reasonable targets for next week. As always, there is no guarantee for anything. We are all just predicting what can happen next according to technicals and fundamentals. ...

Gold with No Drama

Daily chart after US session looks positive in overall for bulls, it seems to me healthy correction in a strong up trend. I expect 3900-4000 in following days/weeks after maybe a few days consolidation. I expect similar patterns like circled in the ...

Gold with No Drama

I had 0.1 lot long from 47.85 and added 0.4 long now from 46.94. I expect to see 50.00 at following days/weeks considering Monthly chart. And Daily chart looks to me healthy correction in an up trend.

Silver

I closed my longs (4 lots) from 3837 at 3845 (%2 profit) since hourly chart is losing up momentum (though it can highly likely crawl up to 3855 today). I keep my 0.5 lot long from 3890 and added another 0.5 lot long from 3845. I wanted to book ...

Gold with No Drama

Actually, it is not a normal stoploss. I trade gold with Barrier options. It is the level which my option will be liquidated. Depends on price actions, I can close early but willing to wait with patient even it drops more. I expect 3900 and 4000 in ...

Gold with No Drama

I bought at 3837 with stop at 3680. Good that I have been caught with only very small long at 3890 (I will keep it open), so that I could have enough capital to go long heavy with a good price. Though there is a chance of testing of 3800, but still ...

Gold with No Drama

I think, it is normal. It is about having bias in that particular market/instrument. Since, you have a overall short bias in that market, you feel yourself comfortable in shorting. I mean when you short, since you have faith to direction, you wait ...

Gold with No Drama

1) I closed my yesterday 3860 longs at breakeven at Asia session. I kept small long at 3870 and add more longs at EU sessions at 3872, all has been closed at 3891. Good day %5 profit 2) With my all due respect to bears, but why you are ...

Gold with No Drama

What a wild day it was! Big rise at Asia session, then even bigger drop (almost double size of Asia rise) in EU session, then %90 recovery at US session. I caught some of Asia rise and I was still holding very small long at 3870 , then added more at ...

Gold with No Drama

Third strong trend is Silver. Monthly, Weekly and Daily charts are quite bullish. From monthly chart, we can assume that we will see 2011 top level soon which was around 50.00. Although up momentum is very strong, considering how fast we came here ...

Dreamer's Journal

Second strong trend is Gold. Up trend is quite obvious at monthly and weekly charts. Even though daily is also bullish, it also suggests that we may visit 3700 as a corrective move (so must be careful with leverage/position size). But, my guess is ...

Dreamer's Journal

I see 3 strong trends in the market. I will share them respectively. First is SP500. Overall trend is up. It is quite strong and obvious at monthly chart. Despite down days at last week, daily and weekly charts are also positive. Down days at last ...

Dreamer's Journal

I earned ard 15 pips last asia session with UJ long I was bullish biased due to weekly chart, but daily chart after today's close looks quite bearish. I will stay away from UJ for now.

USD/JPY Discussion