XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1855 | Forex Factory

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XAU/USD & XAG/USD - Gold & Silver Traders Thread

  • #37,081
  • Aug 24, 2016 6:09am Aug 24, 2016 6:09am
Quoting SunTrader
{quote} It might seems like everyone was saying down but there is always conflicting opinions. Timing is more important than price. And as others suggest cut your losses before they get too big because you will otherwise say to yourself .... now the loss is too big and I'll just wait a longer. And then the loss will, most times, only get bigger and bigger.
damn all of u are right... shud hv listen... another 5K loss...
  • #37,082
  • Aug 24, 2016 6:17am Aug 24, 2016 6:17am
Quoting akupapua
{quote} damn all of u are right... shud hv listen... another 5K loss...
I just hope you are from india and 5k means 25 dollars and not actually 5000 US dollar's.
  • #37,083
  • Aug 24, 2016 6:18am Aug 24, 2016 6:18am
Quoting akupapua
{quote} damn all of u are right... shud hv listen... another 5K loss...
Very sad
  • #37,084
  • Aug 24, 2016 6:23am Aug 24, 2016 6:23am
akupapua in cases like yours I will open a hedging position. I actually have a very bad open short position in 1234, which I am keeping alive until maybe 1300 and I will close it. I am not saying that it is the right thing to do, but it can save your account.
  • #37,085
  • Aug 24, 2016 6:24am Aug 24, 2016 6:24am
Quoting babaz7
{quote} I just hope you are from india and 5k means 25 dollars and not actually 5000 US dollar's.
USD... nightmare.... still holding buy... hopefully may see rebound 1336 somehow
  • #37,086
  • Aug 24, 2016 6:26am Aug 24, 2016 6:26am
Quoting akupapua
{quote} USD... nightmare.... still holding buy... hopefully may see rebound 1336 somehow
It broke through 1336 so it is hard to see that price again, hopefully you can exit at 1333 1334
  • #37,087
  • Aug 24, 2016 6:28am Aug 24, 2016 6:28am
It's unclear atm. 1330 has been broken. Right now sellers are in control. Buyers should wait 1335.
  • #37,088
  • Aug 24, 2016 6:30am Aug 24, 2016 6:30am
Quoting frx_trader
It's unclear atm. 1330 has been broken. Right now sellers are in control. Buyers should wait 1335.
so 1335 is the best posibility?
  • #37,089
  • Aug 24, 2016 6:32am Aug 24, 2016 6:32am
what I see is, long term is a buy no matter what... but at this very moment technically it can drop all the way to 1300. and its good and healthy for bull trend market.
  • #37,090
  • Aug 24, 2016 6:32am Aug 24, 2016 6:32am
Quoting akupapua
{quote} so 1335 is the best posibility?
What I mean is. Sellers overpower Buyers at this point. If the price reach 1335, Buyers will jump in and push the price higher. But we will never know.
  • #37,091
  • Aug 24, 2016 6:37am Aug 24, 2016 6:37am
Quoting frx_trader
{quote} What I mean is. Sellers overpower Buyers at this point. If the price reach 1335, Buyers will jump in and push the price higher. But we will never know.
I c what u mean...
this feeling is worse than get rejected by a girl... lol
  • #37,092
  • Aug 24, 2016 6:37am Aug 24, 2016 6:37am
Quoting akupapua
{quote} so 1335 is the best posibility?
If you are new to trading, Don't use big lot. Use micro or demo account. Newbies think trading is easy. It's not, you have to watch out carefully.
  • #37,093
  • Aug 24, 2016 6:40am Aug 24, 2016 6:40am
Quoting akupapua
{quote} I c what u mean... this feeling is worse than get rejected by a girl... lol
If I were you. I do what people say. Should hedge atm. Wait and see, if price bounce up above 1330.
  • #37,094
  • Aug 24, 2016 6:41am Aug 24, 2016 6:41am
Quoting frx_trader
{quote} If you are new to trading, Don't use big lot. Use micro or demo account. Newbies think trading is easy. It's not, you have to watch out carefully.
I did demo for one month and made double profit...
but in real, it is so much different...
cant even pass 1330... incredible...
  • #37,095
  • Edited 7:19am Aug 24, 2016 6:55am | Edited 7:19am
Quoting akupapua
{quote} I did demo for one month and made double profit... but in real, it is so much different... cant even pass 1330... incredible...
am very good on a dome but at a loss in real money it's one of the most strange thing's as am normally good under pressure does anyone know of a study into this or some good self help books
  • #37,096
  • Aug 24, 2016 7:00am Aug 24, 2016 7:00am
Quoting Ross88
{quote} am very good on a dome but at a loss in real money it's one of the most strange thing's as am normally good under pressure doss anyone of a study into this or some good self help books
You seem to be a candidate for trading in the zone. Psychology is a big reason people fail in this industry. If you can't handle the pressure you are not ready and will suffer losses and big ones . Trading is not easy most fail - fact
  • #37,097
  • Aug 24, 2016 7:22am Aug 24, 2016 7:22am
Quoting Pip-Miner
{quote} You seem to be a candidate for trading in the zone. Psychology is a big reason people fail in this industry. If you can't handle the pressure you are not ready and will suffer losses and big ones . Trading is not easy most fail - fact
thanks for the reply and your time

sorry what do you mean by (trading in the zone) do you mean technically or mentally
  • #37,098
  • Edited 8:11am Aug 24, 2016 7:30am | Edited 8:11am
Hi Guys

where is the first point Gold stop you think?

i think first point is 1320 and then 1305
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  • #37,099
  • Aug 24, 2016 7:43am Aug 24, 2016 7:43am
Quoting Ross88
{quote} thanks for the reply and your time sorry what do you mean by (trading in the zone) do you mean technically or mentally
https://www.amazon.com/Trading-Zone-.../dp/0735201447
  • #37,100
  • Edited 8:03am Aug 24, 2016 7:45am | Edited 8:03am
gold could retrace and test the 1310-1304 area where it could find decent support and could resume uptrend from there

silver could retrace till 18.30-18.10 and possibly resume uptrend from there

these are my personal targets for the next days, not intraday levels yet
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