Ammeo

Now should buy gold, QE is not bad tighten macro data uncertainty about the debt ceiling, the price of gold will go to 1375.

Fiat money is diluting everywhere. If they are thinking on a future gold based international money, they would like the people to sell their gold before, and start with the lowest possible gold price.

EU is been sold heavily! if this baby keeps falling and daily/weekly candle close below 1.3480 it will be extremely bearish! i have to say i would really love to see this happening ......

But first it has to go below that $1100 level from where it bounced last time..

My medium term target is 85, which should be very possible if Syria plays ball (that's a big IF). Though we might see a small bounce from here due to Fed's short term dovishness...

Gold is down over 22% for the year. It will probably go lower. Yes there are vending machines vending gold coins/bars out on the market. That equals surplus. That means gold goes down until that surplus is bought up. It is that simple. The more you got of something the cheaper it becomes, the rarer it is the price goes up. Law of supply and demand. You cant run vending machines if there wasnt a oversupply of gold. If you think gold is so great and profitable buy yourself a machine and see how well it does. You can put it next to a snack or coke machine, make lots of money. The German corporation plans to distribute 500 "gold ATMs" throughout airports and rail stations in Germany, Austria, and Switzerland. British and U.S. locations may apply for a license to host one of the machines. Franchise licensees may purchase the machines for about $28,000 and then pay TG-Gold to service the machines. The first Gold to Go vending machine in the United States was installed in Boca Raton, Florida in December 2010.....

FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the FT has reported that the Finance Ministry in Japan is very worried about the potential impact on the currency markets according a senior official. “The yen’s status as a safe haven has been weakened by the aggressive monetary easing undertaken by the BoJ. In addition, its safe haven appeal derived from Japan’s narrower current account surplus has also weakened. “ “It was reported overnight that Japan’s current account surplus in August proved much lower than expected driven by a narrowing in the income surplus and widening in the services trade deficit. In the twelve months to August, Japan’s current account surplus has totalled a cumulative JPY4.52 trillion equating to around 1.0% of GDP.”

The proper question should have been -->> which technical method do u use in trading?....

What do i trade? --->Stocks, Gold and Oil...

Not necessarily higher, what if we see a crash in the next 3-4 years? i'll be much lower then..

If anyone is consistently losing even after trying everything, he/she should leave the trading space, he was not made for it.

But Gold is something that has always been precious and precious things are worth a lot.. It may have fallen tremendously from its 2011 peak but that peak is going to be broken someday in the future, if not in near future but surely soon enough... I agree the current situation of Gold is very bearish (i myself am bearish on it too) but once the depth is reached the only way to go is up..

The EUR/USD remained in short range on Thursday where investors couldn’t figure out a clear trend due to the mixed nature of the economic indicators released yesterday. The services PMI of Italy and Spain both were mixed while later on the unemployment claims in the U.S increased lesser than expected but the non-manufacturing PMI couldn’t beat the forecasted figure. However, it fell down by more than 60 points on Friday and managed to close in a bearish zone.... sellers are getting active on the pair....

EUR/USD: The euro acquired fresh support this morning after the European Central Bank (ECB) kept its interest rates unchanged and provided no insights that it was currently evaluating the viability of instigating any new stimulus measures. The US Dollar remained under pressure as the US government shutdown entered its third day. The EUR/USD surged higher this morning before it was decisively rejected by an important resistance level. However, after rebounding against its middle Bollinger Band within the last few hours, the pair is now climbing higher again. As such, buy the EUR/USD if price breaks above 1.3640...

GOLD TRADING: After performing an assertive rally on Wednesday, this precious metal began to slump lower overnight. The price of gold plunged by just over $11 per oz as soon as the commodity markets recommenced business a few hours ago. At present, bullion is still slipping lower by toying with its lower Bollinger Band. Commodity specialists are now anticipating that gold will extend its losses further during today’s session. Consequently, execute a PUT binary option, constructed on this metal, if a clean break beneath $1.299.80 can be accomplished.

Trading stock market is much easy cause company's performance is far more easier to predict than any currency ... Also company's stocks are far more easier to value as being under-valued or over-valued..

New jobless claims have been declining for much of 2013 and for weeks there have been less of them than even before the 2007-09 recession started. This is a signal that the long cycle of elevated layoffs has indeed ended. Nonetheless, employers haven't been to enthused about hiring new workers, and many economists doubt whether the claims data still gives a clear indication on the pace of hiring...

Today was first US govt shutdown in 17 years, how will it impact the gold prices, any idea anyone? Are we gonna see gold going up again or the USD being annihilated?

Today was first US govt shutdown in 17 years, how will it impact the gold prices, any idea anyone? Are we gonna see gold going up again? seems unlikely to me though..

I'll fully agree, may not take 4 weeks but the end is neigh.

Used to in my Scalping days, not anymore..

BTW wats ur lot size for those pips, if its a big lot size then it God-damn big money...

In the medium term, it is evident that the currency pair should keep trading sideways between 1.1875 and 1.5143. But I had a look at the long term picture, and an interesting trend is that the EUR/USD is in a long term consolidation pattern since peaking at the 1.6039 level back in 2008.

If the company gets bankrupt overnight, i think the share trading of the company gets halted or the stock of that company gets removed from the listings..

Gold is looking really ready to jump higher and I am ready to trade according to this presumption. Weekly calls could be a great way to express that judgment. My predictions are that the precious metal price will move higher at least to 1360$ per ounce next week, which is about 25$ from the current levels..