DislikedI would recommend Oanda to anyone who is just starting out.
I do wish they had more order types, but otherwise they have been fantastic.Ignored
And oanda have a new beta platform with new order types.
Im using it now
Silent room 2 replies
Silent Success of Patience 10 replies
My silent journal 4 replies
bo7a method... method for GBP/JPY 205 replies
Seeing Through the Silent Crash 4 replies
DislikedI would recommend Oanda to anyone who is just starting out.
I do wish they had more order types, but otherwise they have been fantastic.Ignored
DislikedAgreed.
And oanda have a new beta platform with new order types.
Im using it nowIgnored
DislikedAccording to their website it's 3 full lots minimum trade size. It's for pro's you know!Ignored
Disliked...
Oh, and my favorite part, their order entry window calculates your stop value relative to position size and stop distance, so I can determine where my stop should go, and then adjust the lot size to meet my desired risk, without doing calculations on the side.
.Ignored
DislikedNow, see this is why I'm not very fond of trend lines. I see the validity of your line and that it marries up nicely with 1160 support. If I were to draw one today I'd probably draw it the same as you have, but here's my chart with a trend line drawn long before July 2010:Ignored
DislikedThe debate about trendlines lately seems a little funny to me, if I like them, and I trade them, it's my risk, and what anybody else thinks is not a large part of my analysis.
I'm not looking to buy gold yet, but it's on my watchlist, and we'll see what happens.Ignored
Dislikedthats what impressed me the most about oanda! really happy with my live account there!Ignored
DislikedI don't think he was questioning your analysis. Just pointing out the subjective nature of where to draw the lines. It's tough to get the "right" level...
The Goldbugs have been in command for a while, lets see if they can bring this thing back, but if it's a fad....watch out!!Ignored
DislikedRegarding the gold trendline, I would expect the trend to get steeper. That price action with a decreasing trendline and especially last weeks big push below it suggests to me a weakening trend or at least some uncertainty regarding the direction.
After such a massive move up brought on by a calamitous world economic crisis would you not expect an equally fast drop back? I don't think there can be much doubt that gold is way overpriced at the moment and a return to it's true value is long overdue.
This may not be very scientific fundamental...Ignored
DislikedThe debate about trendlines lately seems a little funny to me, if I like them, and I trade them, it's my risk, and what anybody else thinks is not a large part of my analysis.
I'm not looking to buy gold yet, but it's on my watchlist, and we'll see what happens.Ignored
DislikedFunny, you are correct....the adverts have slowed down. I didn't notice that to be honest. Maybe it's because they can't afford to buy your gold anymore? lolIgnored
DislikedDidn't mean to offend or question your analysis, sorry if I did. I've been on vacation and out of the loop for while so I wasn't aware of any trend line debates either.
I was merely making a point of why I, not you or anyone else, have a hard time really befriending trend lines.Ignored
DislikedMaybe you don't like trendlines because you haven't learnt how to draw them properly. There's a definitive method that not many people on this forum know about. (this IS sarcasm and you need to read through about 10 pages ago to get the masterclass on trendline drawing from our new guru who has been strangely silent recently after his efforts to teach us all were not gratefully received).Ignored