Gold calls.Long term -medium term and intraday calls in gold is here !.

[Dentalfloss]

a closer look on 60 min data
the latest upmove
potential support areas marked if it retraces

 

[sujithsstorock]

Check us oil selling

Check where crude sell started. And still holding

 

[sujithsstorock]

reall trades in fxcm

realltrade...400 pip profit, at same time some loss. over all we make money

 

[Jason Rogers]

Check where crude sell started. And still holding

The SSI Snapshots indicator shows that retail traders remain heavily long USOil (WTI) suggesting further losses in crude. The latest reading from the Speculative Sentiment Index is 6.2235 meaning there are 6.2235 long positions for each short position among our retail client base.

Past performance is not necessarily indicative of future results.​

SSI is a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that USOil may continue lower.

 

[Jason Rogers]

SSI Snapshots show that retail traders have only increased their short positioning as the Speculative Sentiment Index (SSI) now stands at -1.3047 for gold. That means there are now 1.3047 short positions for each long position.

An update to last week's gold trade: The trading crowd has flipped from net-short to net-long XAU/USD.

Past performance is not necessarily indicative of future results.​

Gold also failed to break the 61.8% Fib level mentioned in my last post. All that suggests that now might be a good time to take profits on that trade.

Past performance is not necessarily indicative of future results.​

 

[Dentalfloss]

shorts in from our 1172 res area yesterday
straight into our 1143 area marked on the chart
quick $25 profit
2500 pips
job done

 

[sujithsstorock]

crude just turned bullish

 

[sujithsstorock]

today's trades

Today's trades..

Charts show entry and exit using arrows

 

[Jason Rogers]

The trading crowd has flipped from net-short to net-long XAU/USD.

The ratio of long to short positions in gold (XAU/USD) now stands at 1.55 as 61% of traders are long. Yesterday the ratio was 1.37. Long positions are 0.6% higher than yesterday. Short positions are 10.9% lower than yesterday.

Past performance is not necessarily indicative of future results.​

Since SSI is a contrarian indicator to price action, the fact that the majority of traders are long gives signal that gold may continue lower. The trading crowd has grown further net-long from yesterday. The combination of current sentiment and recent changes gives a further bearish trading bias.

 

[sujithsstorock]

Excellent...presently we are in short. In Gold. This ssi is a great parameter for giving trend of the market. Mean while, the box charting is awesome confidence parameter . My model uses both these parameters to forecast the priceaction along with confidence parameter. This finally boils down into lots to be traded, direction of price movement,holding time period, and we make sure that .....NO unexpected random event can harm our portfolio . We keep seventy percent of our capital idle. We are idiots to do this. But we still make above fifty percent return per annum consistent. Especially using just thirty percent of capital to give fifty percent upon entire capital.

 

[sujithsstorock]

27 August trades and result

Today's profits in Forex 27 August2015.

Using arrows in chart, entry and exit is displayed.

Top right number represents pip gained ( blue ) , loss ( red)

Which currency pair.
How long did the trade run, it's shown in chart time frame.

Learn patience and art of real trading. Overall 500 pip

 

[sujithsstorock]

performance snapshot

Probablability of ruin is almost nil. As we use just thirty percent of capital as margin. Check the pic.

 

[Jason Rogers]

Excellent...presently we are in short. In Gold. This ssi is a great parameter for giving trend of the market.

I'm glad you're finding the Speculative Sentiment Index (SSI) data useful, Sujith! :smart:

The recent shift in retail FX trader positioning in gold (XAU/USD) warns that the precious metal may continue lower through near-term trading.

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Past performance is not necessarily indicative of future results.​

Last week I noted that a substantial swing in positions favored XAU/USD rallies, and indeed that forecast worked fairly well.

Yet we have more recently seen the majority of traders buy into weakness.

Past performance is not necessarily indicative of future results.​

A contrarian view of crowd sentiment shifts our focus to the downside once more.

We keep seventy percent of our capital idle. We are idiots to do this.

A DailyFX study on the effects of leverage on profitability supports your conservative approach:

"The precise amount of leverage used is decided entirely by each individual trader. You may decide that you are more comfortable using an even lower effective leverage such as 5 to 1 or 3 to 1.

Most professional traders enter into trading opportunities focused on how much capital they stand to lose rather than how much capital they are looking to gain. Nobody knows the future movement of prices so professional traders are confident in their trading approach but conservative in their use of effective leverage."

 

[Dentalfloss]

could go either way
60 min data
in a 50% area

1119 is trend supp on this chart
trend is up..so far
need to see the reaction in this 50% area
good news and we test the trend supp
below `1116 and chart gets bearish

 

[Dentalfloss]

change the plot method to hilo
we can see that there is a new uptrend
breakout point/aqua is 1133-1136 and 1129 is minor trend supp..chart gets bearish in this area
this could all change depending on the news
shorts might have to sweat a bit ...but there is a stack of horizontal res above

 

[sujithsstorock]

Today's trades

Using copy trade software, followers get this same trades pasted into their account

 

[Jason Rogers]

Gold Prices Likely to Fall Further

One-sided retail trader sentiment warns that Gold prices may continue lower versus the resurgent US Dollar.

The latest Speculative Sentiment Index (SSI) reading shows that there are 1.5 open long positions for every short position, and a contrarian view of crowd sentiment gives us a bearish short-term trading bias.

Video on why we use retail sentiment as a contrarian indicator:

 

[Jason Rogers]

Gold Lacks Luster as Positioning Calls for More Losses

The week before the Federal Reserve meets for its highly anticipated September policy meeting, the retail crowd is already scaling back long US dollar exposure.

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Past performance is not necessarily indicative of future results.​

The ratio of long to short positions in gold (XAU/USD) stands at 1.59 as 61% of traders are long. Yesterday the ratio was 1.67; 63% of open positions were long.

Past performance is not necessarily indicative of future results.
​

Since the Speculative Sentiment Index (SSI) is a contrarian indicator to price action, the fact that the majority of traders are long gives signal that XAU/USD may continue lower.

 

[sujithsstorock]

Gold trades screen shot

Gold shorts since1120 area

 

[Dominic]

I think that GOLD asset will go down.