Gold Outlook 12 August 2013

Gold, ready to explode again?
Fractal trendline breakout.

Gold Analysis

This is Gold Analysis.
at the point of analysis, the weekly and daily price are below Cloud...so SELL bias.
Short on Rally. Need some patience.

Gold Outlook Next Week (27-31 August 2012)

Hi all,
Looking at the Gold Chart, we will see the BULL is conquering the market right now. Because of what? - There are rumors flying around that Federal Reserve US is going to launch next cycle of QE. Just because of that...the Gold price move up like no limit.

My personal opinion, the gold price is due for correction.
Ok traders, here you are....the result so far for GOLD.....from January-August 2012. Simple strategy - using Candlestick + Trigger indicator.
Jan - 4 Win 2 Loss
Feb - 3 Win 4 Loss
Mac - 5 Win 2 Loss
April - 4 Win 0 Loss
May - 4 Win 1 Loss
Jun - 2 Win 1 Loss
July - 4 Win 2 Loss
August (so far) - 3 Win 0 loss
Total (so far) - 29 Win 12 Loss : Percentage : 70.7% win. Use Risk : Reward : 1:2

 

Gold & Oil Outlook (9-13 July 2012)

As we see, last week Gold and Oil gave back what it gained on Monday & Tuesday,
MAYBE...the bear movement shall continue for next week (coupled with string of bad news from Euro & US)....
Let see what happen.
Trade at Your Own Risk.

Oil and Gold Outlook (Next Week 21-25 May 2012)

Gold Outlook - It's breaching the support and get in back with strong Engulfing candle on daily chart. So I go for BUY position. But I think this is temporary and the price shall trying another low (until US election is over)

Oil Outlook - still Bear.

Gold & Oil Outlook (7May-11May 2012)

Hi traders,
some update on Gold & Oil forecasting.
Gold - Weekly chart showing BEAR candle. However, the price is still in sideway. We want it to break the trendline before we go together with its flow. So, guess...which direction the price going to go next week....

Oil - Big BEAR candle eat up all previous few weeks price gain...we may want to enter on the retracement point from the big candle....North or South.... I go for SOUTH this time.

Gold & Oil Outlook (7May-11May 2012)

Hi traders,
some update on Gold & Oil forecasting.
Gold - Weekly chart showing BEAR candle. However, the price is still in sideway. We want it to break the trendline before we go together with its flow. So, guess...which direction the price going to go next week....

Oil - Big BEAR candle eat up all previous few weeks price gain...we may want to enter on the retracement point from the big candle....North or South.... I go for SOUTH this time.

Gold Outlook (23 April - 27 April 2012)

Hi all,

GOLD is currently sitting on the MAJOR trendline...

with the harami sign show itself- it shows us that the majority of traders is very cautious and waiting for break-out move.

My guess....GOLD price coming down (below purple trendline)...1600.xx this week maybe?

Gold Outlook Next Week (9-13 April 2012)

Gold price is now testing major trendline, which started from 2008 (very strong support). Breaking this line, we will be heading to next fan line i.e 50% fibo fan line. Lets see what will happen next week.

My side : I think the down-move is just begin (for price correnction). However, the 7-8 years economic cycle is far away from finish. It is now on the 4th year. So don't expect the price shall trending down drastically.

Gold Outlook Next Week (2-6 April 2012)

These are Gold chart (daily and weekly).
On daily chart, gold price had tried to penetrate support several time but failed. As a result, with some buying in the market, the price inch up and now trying to test 1700.xx again. We shall see what will happen this week.

Forex talks on Saturday evening

Salam to all,
while waiting for Iftar today, I scale down the chart and look into bigger picture. What is the market doing now, predicting where they re heading etc.
The GBP/JPY -
looks like the M pattern (head n shoulder in progress???) - heading south. I don't know. I'll trade when my reading and indicator is in line.

GBP/JPY Daily

GBP/USD - is in range of 1.7000-1.6000

GBP/USD Daily

This is just what i saw today. We never know what will happen next. Trade what you see, not what other people thought. Happy trading to all

Forex Signal no.19

I would like to maintain BUY signal ;
GBP/USD
GBP/JPY
Gold - still in trade
EURO/USD
EURO/JPY

happy trading to all.Trade at your own risk

--------------------------------------------
update:
Result
GU = +3 pips
GY = +3 pips
Gold = +1600 pips (lock at +800)

Total this month
GU = +120 + 3 = +123 pips
GY = +135 + 3 = +138 pips
Gold = +2300+1720 = + 4020 pips
Grand total = +4281 pips

Total signal Sept = 2

FX Warm up session

What I see this morning - after sahur
Quran!

ok ok...serius part -
Sell
GU, GY, EU,EY

Please look at your own chart and analyze further for better entry (if the signal is correct!)
Happy trading

Chart study for next week.

Guys, this is continuation of my yesterday's post. This time in graphic. hope you'll analyze it yourself for your own good trading. Cheers

My analysis are as follows:
GY - down
GU- down
Gold - up
EU - up

Trade forecast - Monday

will they go south?
my eyes see and my heart say - YES.
Trade at your on risk (TAYOR)
Enjoy it....the daily chart of GY,GU & GOLD. Enough to make you bankrupt/MC or good enough to get your own financial freedom dream.

what is the line? it is just a 5EMA & candlestick lol....
How to trade it....use your eyes, and follow it. Keep MM in mind. Follow TP:SL ratio of 2:1 or 1.5:1....e.g TP200:SL100.
it wont make you rich in 1 day, but with compounding....you'll be there.(except if your strategy interrupted by broker hehe)

It's kaboom on holiday !

wow!
while every bank in europe in holiday (easter), the price jump up and up...including gold.
so...what we re waiting for? BUY of course...GU GY EU EY and Gold.

it's BUY time


updates :
I didnt find any BUY signal as all price went south then. It's a fake North going by broker who control the market while everybody in holiday! hehe

Trade updates

I closed my buy on gold at +170pips
now went short at 886.00

almost cover the lost made earlier this month.
my wife...as usual.....not so hardworking at trading...hmmm payah betul nak ngajak wife trading.
yg pelik akaun ASB nak tambah gak bulan bulan...pandai dia. xpe lahhhhh..jaga anak penat kot


update:
9/4/09 - price now at 881.xx - move to BE +50pips
going to Kampung - holiday.

my contest account - soar back from position no 2250 to 653 position today. Will resume next week...top 10 trader all have use max 10 lot x max 5 position. I need to use that once i can to catch them at the top....kejarrrrr

Trade updates

I closed my buy on gold at +170pips
now went short at 886.00

almost cover the lost made earlier this month.
my wife...as usual.....not so hardworking at trading...hmmm payah betul nak ngajak wife trading.
yg pelik akaun ASB nak tambah gak bulan bulan...pandai dia. xpe lahhhhh..jaga anak penat kot

Trade update

Today forecast:
I see opportunity to put Buy stop Gold at 885.00
SL & TP at your own risk.

Result yesterday:
My account : + 1015 pips
my wife account : +205 pips

Alhamdulillah, the journey continues...

EA trading

Hi everybody
I'm currently demoing some EA (expert advisor) and used it on 2 tournament account held by Instaforex. At least the effort has some gain if it find success.
The ea i'm demoing right now is:
1. EA bujal38 - my own ea
2. EA burung punai berapi - you can find it in internet with codename firebird
3. EA Fapturbo

The contest begin today and will only finish in 2010! Wow...what a marathon....hopefully this time around i can enter a top 10 position.

On FX trade.... i already took BUY position on Gold @ 925.00 and another BUY limit at 920.00
SL 1500pips below. TP hehehehe......let market decide itself