Closed at 1403.
Enough is enough
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #3,682
- Mar 17, 2011 11:22am Mar 17, 2011 11:22am
- Joined Jan 2010 | Status: Amat victoria curam | 2,333 Posts
Is that a duka account? Charts look like it. I was bullying them about getting gold in live accounts today, it is taking forever.
Duka hasnt implemented gold yet =/
I'm still calculating the missed profit, since I closed the positions at 77.50but I am grateful for the money. EUR 220 in 4 minutes, that was a lifetime jackpot!
Warning for the newbies: don't be misled by such affirmations. Such scenarios (big profit in short time) happen only once in life and they may be very dangerous. It was pure luck. I was at the right time at the right place and acted in the right way at the right moment. That's not usual.
.
What you are saying is so true, huge moves like this can play hell with traders emotions, especially newbies, those who missed it want to get in and could end up with mistakes.
I posted yesterday that this was the perfect time to destroy an account, and judging from the posts that were made last night, a few had a bad time. Seems many are not controlling risk at all.
I also know many would have tried to trade the quick move, I looked at 2 of the brokers I had open and the spread was ridicules. 20 pip spread on a 400 pip day is the same as a 2 pip spread on a 40 pip day.
Anyway well done for the good trade, and to all those who dont control risk, begin now, for god sake!
- #3,685
- Mar 17, 2011 2:12pm Mar 17, 2011 2:12pm
- Joined Jan 2010 | Status: Amat victoria curam | 2,333 Posts
Gold will end the week higher than it is now, like it always does.
- #3,688
- Mar 17, 2011 4:58pm Mar 17, 2011 4:58pm
- Joined Jan 2010 | Status: Amat victoria curam | 2,333 Posts
We will see tomorrow.
Trades speak even louder:
SELL 5.000M EUR/USD @ 1.39551, SL 1.40220 (67 pips), TP 1.38368 (118 pips)
OPENED
P/L: -47 pips
Repatriation should end USD should explode as seen via treasuries
BUY 2.228M USD/NOK @ 5.67656, SL 5.58255 (940 pips), TP 5.84360 (1670 pips)
OPENED
P/L: -226 pips
I am ready for dick measurements when you are
- #3,695
- Mar 17, 2011 9:20pm Mar 17, 2011 9:20pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #3,696
- Mar 17, 2011 9:22pm Mar 17, 2011 9:22pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
If the we pass 1412 - I'll say the magic ball was correct on both questions.
:rof::
2 hours to midnight....
:rof:: 2 hours to midnight....
Just about as good as most stock pickers!!!!!!
Here let's try it.
http://web.ics.purdue.edu/~ssanty/cgi-bin/eightball.cgi
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #3,698
- Mar 17, 2011 9:25pm Mar 17, 2011 9:25pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
I basically broke even on my last set of trades. Prior to those I had some nice winners.
Currently long from 1390 thru 94 shooting for 1450 first.
Euro jsut popped the resistance with a. 60 pip h1 bar. check it out
1412 is a mild but annoying resistance. Not too worried about it. I am thinking in the next weeks we are going to see some REAL sparks fly from
Crude and Gold (and silver)/
Currently long from 1390 thru 94 shooting for 1450 first.
Euro jsut popped the resistance with a. 60 pip h1 bar. check it out
1412 is a mild but annoying resistance. Not too worried about it. I am thinking in the next weeks we are going to see some REAL sparks fly from
Crude and Gold (and silver)/
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #3,700
- Mar 17, 2011 10:50pm Mar 17, 2011 10:50pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News