No prob! in fact 4 hr chart is kinda strange....we went from hidden bullish divergence to bullish divergence (follow through is yet to be seen though)

Only Gold!

I don't think that can be classified as bullish divergence on d1 but it can be on 4hr chart!

Only Gold!

Did you take the trade after it happened? I mean I understand your buy signal..it makes sense... but I am having trouble with your sell area? if you can rationalize with me as to why you think one should take profit in this area...what makes you ...

Only Gold!

Yeah we could retrace a little...pic will be clearer by london close!

Only Gold!

1) That which happens within a daily time frame; as opposed to days and weeks etc 2) What is wrong with that...When a herd spots a predator close by they run! They don't sit and wait and try to rationalize if they should or shouldn't. Its simple ...

Only Gold!

History is a matter of perspective; and perspectives can be "distorted".. I am not saying that yours is (mind you!) I am just saying that it could be! & there is nothing wrong with that...we are all human beings who make mistakes... To keep an ...

Only Gold!

Calling zones that are "panic", "greed" and "punished" Is primarily predicting market behavior - isn't it?

Only Gold!

So was this an intra-day level trade then...? Your place of panic could also just mean that "U.S traders" are just waking up and increasing volumes as they see a psychological level breached! Now they are solely going to rely on support and ...

Only Gold!

Can you please care to elaborate...? I am going to further assume that you only place trades on "monday" or "friday" then because there are low volumes which can distort prices?

Only Gold!

Haha.. No I get that!

Only Gold!

If gold closes above $1295 by the end of NY session... we could see price move up this week... also considering that ukraine issue...things are not likely going to settle by may 25th; and if anything they will get worse - which should give Gold ...

Only Gold!

Damn...Double miss! You could have scaled into buys too within a small range; atleast something would get caught...

Only Gold!

that's rough! Just curious; if you had your "buy limit" orders there...where were your stops then? As usually for a momentum trader trying to play a breakout would be thinking of putting "sell stop" orders at those prices that you stated...

Only Gold!

Glad to you know we are on the same page! offcourse...gold and silver move 90% of the time move in the same direction; but I was saying since the past Economic data has been good I am sure Silver might be "getting" extra juice whenever it rallies! ...

Only Gold!

Wow thats quite a story Nitsan! So wait they not only cut your loss but they added your profit too..Thats incredible! If I was in your place...I dont think I would be able to sleep!

About the course

So Im gathering that you are bullish next week then. Plus with the better data coming out of China and US; I am guessing Silver industrial function also comes into play; hence any spike in gold will perhaps give silver longer legs... since you ...

Only Gold!

I agree...friday is usually sell off day; but with ukraine vote; traders will stock up for the weekend on gold!

Only Gold!

sideways...with no tilt, and hence no trend. It makes the market choppy! one should also cross check with the 50 EMA as it gives more weight to recent price hence it gives a better picture! Some also use the 64 EMA on the daily! Plot it on your ...

Only Gold!

Even if it doesnèt go up today... just hanging around in this area will post a doji on the daily chart; and what is better it is right on top of the 100 day sma... Tomorrow only suggests a reversal to the upside... and we might end up with another ...

Only Gold!