Public bank updated price at 3.46pm to selling 161, buying 155, others bank not yet updated, looking to top up at within month

That price is outdated, it refering to gold price USD156x/1oz

This post has been edited by buysell: Sep 26 2011, 06:40 PM

Anyone wanna get 1 Dinar PD for RM720? Price at website is RM741 now. Offer till tonight only. COD at PJ Hilton and no postage. PM me if interested

Sorry to interrupt you serious traders again. I have been considering a coin as a gift, and have been shown a 100 Ringgit 1971 high purity one.

Is there a formula to calculate its price using the daily rate?

Thanks for advice.

111

If price is below your buy price already mean you lost. If it never recover, so are you going to say still no loss?
Very wrong & misleading concept.

There is a word for this.. Called denial...

Spoken like a true battle hardened learned veteran

Because I'm in a good mood, so let's learn something today.

What Does Hammer Mean?
A price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies later in the day to close either above or close to its opening price. This pattern forms a hammer-shaped candlestick.

Read more: http://www.investopedia.com/terms/h/hammer.asp#ixzz1Z3i4qh73

Tips:
1. You will always see reversal candlesticks here and there. But the true reversal only happens at very important support & resistance.
2. How do we determine important support & resistance? Pls do your homework!

Attach is the recent Gold chart with a hammer. Look where the market went, after that.

Here is some question for you to ponder so that you learn about "hammer reversal candlestick".
1. On the H4 chart, did you manage to spot a hammer?
2. On the Daily chart, did you manage to spot a hammer?
3. On the Daily chart, does it give you a clearer picture where it is heading in the next few days? (im sure many people is going to give me the same wrong answer).

This post has been edited by Quinn: Sep 26 2011, 08:08 PM


Attached thumbnail(s)

After all the amusing talkings, u just loss about RM1K ?
Man, that`s sad

Quinn,

My noob... Started to read on ichimuku today.

Graph 1 and 3 still bearish..

Graph 2 still not yet breakout for reversal pattern?

Means next few days still going down?

Thanks in advance sifu.

---

Added on September 26, 2011, 8:31 pmBtw.... I no look hammer... I look atbasic chart first

This post has been edited by kevyeoh: Sep 26 2011, 08:31 PM

you are outdated also, now already USD162X/oz

I predict gold will go up till 1710-1790xx for 1-2 days then drop to 15xx-13xx... Maybe it's a trap? what say you?

Anyone selling 5g Sri Ayu bar?

For question 1 & 2 i got spot the reverse hammer... the answer to Q3, price may go higher, the longer the tail the higher it goes, however this maybe a bull trap so people may take short on this.

P/S : i am sure quinn in a happy mood bcoz he bought at the right timing.... haha

1K 2K

This post has been edited by buysell: Sep 26 2011, 09:50 PM

bro, steady la. you sound like you lost it these few days we are all here looking for wealth, not looking for fight right?

Can't wait to see gold dip again tomorrow.

This post has been edited by buysell: Sep 26 2011, 09:28 PM

lustman, sorry for the late reply - my benchmark is mysmartgold or nubex buying back price. then i see whether the margin is good or not.

quinn, you are in a good mood today! teaching hammer summore

Heh, chillax bro. Sharing is caring, right?

Nope, Quinn is not God. He's like an oracle, dude...and a kind one, too, for sharing what he knows so folks can make informed decisions especially now when gold prices are swinging so wildly.
.
As they say, "In the land of the blind, the one-eyed man is king".
So far, our man Quinn has been right on the money.
So, when Quinn posteth, we better harketh, and harketh good, if we careth for our AU$$$ to groweth instead of shrinketh!
All Hail, King Quinn!

I am no buttlicker. If he's really that good, he's now richer than walmart loh.