Reminder to all that today is settlement day!
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Trading Journal (only my take) 385 replies
Trading gold and silver only 59 replies
An idea for building wealth...using only gold 9 replies
GOLD traders only 90 replies
Disliked{quote} Read this thread from Page-01. Only a handful have been active here since I started this thread. Do I need to explain more? If you are so smart & wise why didn't you post your positions earlier? Why share longs only after they turned super green? PS: I have seen people who would double their money in one session, day after day.. and suddenly they would disappear. Stay here & show me your results with consistency for over 6 months and then I'll agree with your strategy. I follow Golden Seasons, these have been around for over 30 years....Ignored
Disliked{quote} Could you explain what exactly happens when settlements occur particulary for the likes of Gold and SIlver please? E.g. Is there a sudden surge of activity (volatility) brought into the Gold and SIlver market?Ignored
Disliked{quote} In a nutshell Options are financial contracts promising the delivery of a commodity, in this case gold. These contracts expire 4 days before the end of each month and they have to be closed(settled) on this date. So as a holder of the contract you hope that the price of gold on expiry day will be in your favor.. ie if your long then you want a higher price compared to the initial purchase price. If the price is not in your favor and you are big enough..... then you could always manipulate the sh*t out of the market to get a price that puts...Ignored
Disliked{quote} dear CT. I said earlier that you are totaly right and am not here to teach anyone. I made a risk which I dont advice anyone to do. But I put limit to my lose. So it turned green so lucky me. Ur strategy is right but doesnt mean anyone else is wrong.I dont need to open my own form coz am not here to teach anyone. Am just sharing. Am 38 years old and I have been trading for 4 years. Am still learning. Cheers.Ignored
DislikedMy TP didn't hit by less than 0.5 pips. BE out. A lot of profit taking were at that level... If I were in front of the computer, I would have been out with 20+. Anyway, it was very much predictable scalping trade for 25 - 30 pips. It happens again and again. {image} For 4H traders, the following may be noticeable. Potential long opportunity for 50 to 60 pips... {image}Ignored
DislikedWill be interesting to see what happens round 1293 there's quite a cluster fk on the daily in this region.Ignored