DislikedLong doesn't fit in my strategy at this point & it doesn't appear to have peaked out yet, Grrrrrr!Ignored
"The market can remain irrational longer than you can remain solvent"
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
DislikedLong doesn't fit in my strategy at this point & it doesn't appear to have peaked out yet, Grrrrrr!Ignored
Disliked{quote} You might be right. It has been a nice $100 re-tracement from the low on December 31st. Could run up higher. I've added my last short and I am going to ride this movement out, which I suspect, has been caused by the turmoil in emerging markets...China, Turkey, etc....as well as mixed U.S. numbers, seasonal demand and perhaps some hedging and/or short covering. I think the odds are that once the U.S. numbers come in a bit better, and tapering is the subject du jour of the day, gold will likely continue on trend towards 1,000.Ignored
DislikedI closed a few shorts for profit, which might have been premature. Gold looks likely to revert to the mean of 1245-1250 before FED news this week.Ignored
DislikedClockTrader can I ask the indicator used by you to decide the trade?Ignored
DislikedClockTrader can I ask the indicator used by you to decide the trade?Ignored
Disliked{quote} I'm curious too, gold was able to breach its Dec highs with minimal retracement, that looks like strength to me.Ignored
DislikedI too am holding on to my positions! lets head south a lil more shall we?Ignored
DislikedWell, you shorting? These two days tapering will move gold chaotically. Also 1280 happened because gold china data about purchases from Hong Kong to mainland china in 2013. I look to get 1300.Ignored
Disliked{quote} {quote} First Post of this thread might explain it. PS: Its updated often.Ignored
Disliked{quote} Shorted 2 positions at 1268.92 Pos.1 closed one out at 1235.73 Pos.2 bouncing up n down up n down lol.. let her ride it out for a while. still in trend range. SL 1282.00 for the time being.Ignored
Disliked{quote} Yes mate, I am. I am selling, selling hard, but in a safe & smart way. I do not rule out a climb from 125x range, but I'll go with my technicals which say Short, short now & that's what I've been doing. Hey, some of my shorts hit SL a few days back, Damn! So, what about you? Have you been buying lately?Ignored
Disliked{quote} Nothing like exciting so far, but, I think I can live with slow & sluggish fall as long as it does not bounce back to 126x range.Ignored