kevler... bear for au/usd... ???

its bull now

le this month everyone talk about gold only

haha, I've noticed that. And why is that? Is it because of its current volatility that people are now trading it? I'm still cautious on trading gold. There were times where I trade small lots of gold, but then it was so volatile, it affected my margin. Also due to my bad money management that time. haha. Right now i'm practising my currency trade. Slow and steady 

yeh .... v10!
ahhh gold 
on a good trending market movement i still prefer gold....
mr rime ... looking at 1663 for turning point ...

sigh. gold still dropping like $hit

u mean 1663 turning point to go further up or downwards?.....

i'm actually looking at 6.3.12 low to sell @1663
but can't hold my feeling & shorted just now...
it'll be a good idea to trade the retrace...

** tips: monitor silver's price ... silver tend to move 2 steps in front of gold ...
**change the  chart with channel... if the selling continue... we will have engulfing @1H chart.. that will be good to look for retrace 

gosh, gold is so volatile, keep bouncing up and down =.=

SINGAPORE, March 15 (Reuters) - Gold regained some
strength on Thursday after a drop in the previous session
attracted bargain hunters, but a strong dollar and fading
expectations of more monetary easing in the United States made
the metal vulnerable to more selling. 
    Some jewellers in Hong Kong returned to the physical
market, but bullion holders in other parts of Asia shifted their
money into equities after strong U.S. economic data and
accommodative monetary policies by global central banks sent
investors back into risk assets. 
    Spot gold hit an intraday high at $1,648.41
an ounce
and stood at $1,643.59 by 0703 GMT, up $1.49. Gold extended
losses and fell more than 2 percent on Wednesday after the
Federal Reserve offered no clues on further easing.
    "Sentiment is of course very bad. After slipping below
$1,650, prices may go down further to $1,600," said Ronald
Leung, director of Lee Cheong Gold Dealers in Hong Kong, adding
that a rebound will be capped at between $1,675 and $1,680.
    "Safe-haven (appeal) is forgotten for the time being. The
demand is sluggish because of the strong dollar. Speculators
dumped their gold," he said.
    Gold has fallen around 8 percent since late February as
funds appeared to have closed out of their bullish bets on
worries the Fed has no intention to buy any more major assets to
keep interest rates and borrowing costs low.
    Bullion rose to a record of around $1,920 last September on
fears the euro debt crisis could stall global growth.
    U.S. April gold rose $1.30 an ounce to $1,644.20 an
ounce.   
   
    The dollar rallied to an 11-month high against the yen and a
one-month peak against the euro on Thursday on growing optimism
about a U.S. economic recovery and subsequent rises in U.S. bond
yields. 
    In theory, a firmer dollar hurts dollar-based commodities
such as gold, as well as industrial metals such as copper, which
is weighed by concerns about slowing demand from China, the
world's largest consumer. 
    China's Premier Wen Jiabao said on Wednesday that China must
embrace slower growth and bolder political reform to keep its
economy from faltering and to spread wealth more
evenly. 
    But a Reuters polls found developed economies will pick up
steam this year thanks to an array of ultra-loose monetary
policies from major central banks and amid new signs of progress
in the euro zone's debt crisis. 
    In the physical market, a lack of buying from jewellers
despite a recent drop in prices rattled the nerves of some
Singapore dealers. 
    "I guess the dynamics have changed. Customers will only take
gold if there's a need to. Otherwise, there's no commitment,"
said a dealer in Singapore. 
    In the equity market, the Nikkei rose for a third straight
session on Thursday, boosted by major exporters that surged on
the back of a weaker yen as market players grew more optimistic
about the U.S. economic recovery. 
     

ahhh .... 2am 
seems like US is doing good... even the S&P index in raging mode...
gold have reached 1663 & currently retreating at snail pace..
now going to continue sleep again 
get some more nightmares ... lol

wow....
now everyone become a gold trader already 
too bad missed that one... it's friday singing time... lol
anyway... gold does look bullish but not bullish enough...
i might go buying if closed above 1663 on 1D tf...
if it closed beyond 14.03.12 high... then i'll say it's time to buy....
happy weekend guys.....

i'm still riding bull on EU GU AU NZUSD , and will be planning for next trade setup on GJ EJ too ..trailing stop 55 pips is a must of trend against me

i'm waiting for bear on EG UCAD and UCHF once confirmed on next candle of H4 and D1

@Jebonen , bro ...next week bro ... gua tengah kumpul pips untuk next adventure :-)

as previous quote from my post earlier ...EU GU AU NZUSD ,are on bullish mode .Kudos!

just opened GJ trade , but with careful MM ,as now there is uncertainty in current chart H4 ..will open EJ later once market are on my side :-)

Yes.  UCAD and UCHF are already on bearish mode ... need to be careful for any reversal happen later

EG still on bearish on D1 ...and i believe there will be corrective wave and ranging mode on H4 ..but still , bear still persist

anyway , trailing stop 55 pips has been activated for most of my trade ..need to analyze next movement tomorrow.

Heys guys,

have you guys hear of GVF?
They work like MLM.
While trading. you can also earn from your downline (comm)
But one thing is they will hold 30% of your capital.
Brokerage range from 2-4. is it high?
need advise. =S

I have closed most of the green pips on EU GU UCHF ...

anyway ..i'm still hold GJ and UCAD since yesterday,both buy and sell trade respectively ..and maintain the momentum though it still red pips as ranging still persist at TFH4

just opened new trade on GU EU , both in bull trade mode ...will check the results at 1700 local time

happy trading lads and ladies :-)

---

Added on March 20, 2012, 5:09 pmafter 5pm ,new candle has formed
===============

potential bear on AUSD and NZUSD ... i reckon

bull persist on GJ EU GU ..and still consistent on it

there is uncertainty on UCAD and UCHF , but bear still there to be hold

im going LONG on gold ~~ up up gold i love ya if you do

v10 already.... DT till end/close market 2morrow... imho

Eur/Jpy looks like forming a double top on daily chart. A possible drop for EuD after gaining close to 200 pips yesterday?

Forex: EUR/JPY up on German retail sales
Fri, Mar 30 2012, 07:18 GMT | FXstreet.com

FXstreet.com (Barcelona) - The single currency rose 0.19% against the yen amid positive data coming from the euro zone's biggest economy, Germany. Retail sales YoY were up by 1.7%, beating the forecast of 0.1% and the previous reading of 1.6%. Earlier today Japan released figures for its housing starts (increase of 7.5%, YoY) and construction orders (-1.8% from a previous of 24.6%).

The pair is currently at 109.77 with resistance 109.65, ahead of 109.92 and 110.20 according to Fxstreet.com pivot points on technical tools. On the downside, there is support at 108.83, before 107.97 and 107.17.