DislikedClosed Longs at 1286.5, profit banked. Currently Short at 1285.8 for the possibility a retrace before the next big move up. Short Target = 1254 Will go long again at circa 1254 with a target of 1420.Ignored
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Trading Journal (only my take) 385 replies
Trading gold and silver only 59 replies
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DislikedClosed Longs at 1286.5, profit banked. Currently Short at 1285.8 for the possibility a retrace before the next big move up. Short Target = 1254 Will go long again at circa 1254 with a target of 1420.Ignored
DislikedGetting another strong feeling that it'll surely touch above 1291 this Asian session.Ignored
Dislikedbuy on stop at 1300, stop 1290. Longer shot. Order valid today only, then review. T/L break should propel to unexpected highs. Also buying AUDUSD, AUDCHF on break, sell EURAUD. Already have base position. Should be fun. {image}Ignored
DislikedAdded short on gold before market closed @1294 Anyone agree on this? If the USD/JPY rally to 103 as expected because of that election in Japan, the XAU/USD is most likely to go down?Ignored
Disliked{quote} nice to see you. {quote} Not sure about your technicals, but its worth trying. Lately, the Gold has always opened 4-5 higher on Sunday EST. I wonder what your SL would be?Ignored
Disliked{quote} Thats my technical analysis..well my SL is 1304. Because I am seeing the market sentiment, just a break above 1300, will signal a reversal to the next resistance - 1350 {image}Ignored
Disliked{quote} I encourage you to take a look at Golden seasons as described on Page 15 of this thread, it will clear all doubts of yours & any other too who is expecting a fall like that.Ignored
Disliked{quote} After reviewing the nature of Gold, it appears that it could open like mad bull on Sun evening EST & breaching 1300 could be easy like a hot knife through butter. This daily upside wave could continue by the time Japs close their Monday session.Ignored
Disliked{quote} Looked at the page, and it just says "buy on yellow arrow" pretty much. No real explanation to me.Ignored
Disliked{quote} Exactly like I predicted. {quote} I repeat it here: "Buy in Summers, sell in winters", this is not a typical trader's strategy, but investor's view.Ignored
Disliked{quote} Well, that could be. I do think gold will go up to 1500-1600, but I don't know when. After that, it's down and only down, because we're in a bull trap. If you look at the price history of gold in 2003, when the banks were allowed to physically trade commodities, you'll notice that price starts to move up out of the range it was in for a few decades. The price was around $400 when the banks were allowed to trade. Without the demand backed by huge banks, and I would imagine that these banks would sell off their balance sheets, flooding the...Ignored
Disliked{quote} I can tell you when it will go up & when it will go down. Did you observe my prediction of this week's opening? I've not been perfect but I'm getting better & hope to make lesser mistakes. Let me tell you some raw dates, I expect Gold to go way above 2,000 by Jan-2015 & I expect Gold to touch 1500 - 1600 range by Jan-2014. It may peak out here or next Monday (week later) for a while, then some correction. After this I expect bad time for financial markets from Mid of August-2014 for about 4 weeks, clearly visible by end of August & early...Ignored
Disliked{quote} I don't do predictions. I think of possible scenarios, and then bet on which one I think has the highest chance of happening. Why do you "expect" price to go way above 2000?Ignored