Any traders here hold physical gold. I know you can maybe use your capital to trade instead but just curious given the fundamentals that are out there.
Regards.
Regards.
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DislikedAny traders here hold physical gold. I know you can maybe use your capital to trade instead but just curious given the fundamentals that are out there.
Regards.Ignored
DislikedI found http://www.forexcrunch.com/wp-conten...-June-2012.pdf
quite informative.
and linking above with current situations, QE3 announcement is less likely today as well
so will we see another dive to 1560-1570 today ?Ignored
DislikedIgnored
DislikedJust a guess, but I would have thought that anyone holding any "serious" amount of physical would be both unlikely and unwise to admit it on a public forum.....
beebIgnored
DislikedLast time people made a bullish call, price went under 1560 and lost more than 60$.
So, I'm sorry if I don't want a ticket in that train.
Most people here are intraday traders, and can't afford a 50$ move against their trades.
Backup your claims with charts, Entries, TPs and SLs.
If someone wants to follow, that's ok for them.
If you are a position trader you can just buy blindly and in a few years you will have great profits.
But if you are short term trading, why buying if price can dip further?
At least, say at which price you...Ignored
DislikedIgnored
DislikedLast time people made a bullish call, price went under 1560 and lost more than 60$.
So, I'm sorry if I don't want a ticket in that train.
Most people here are intraday traders, and can't afford a 50$ move against their trades.
Backup your claims with charts, Entries, TPs and SLs.
If someone wants to follow, that's ok for them.
If you are a position trader you can just buy blindly and in a few years you will have great profits.
But if you are short term trading, why buying if price can dip further?
At least, say at which price...Ignored
DislikedNo one know anything about what is going to happen at 12:30, all I know is that my daily trend indicator is up and this looks like a beautiful dip to buy on. We shall see...Ignored
DislikedIt feels good when you draw some lines on chart and price respects it
H4 triangle working well so far.
price is compressing we'll see breakout soonIgnored
DislikedI trade GOLD bullishly, BY THE WAY WHERE DID THE PRICE STOP??? 1618 as aforementioned. Sometimes you do know.Ignored
DislikedBY THE WAY WHERE DID THE PRICE STOP???
1618 as aforementioned. Sometimes you do know.
You don't like it ? take a f-ing hike.Ignored
Dislikedweekly chart
we have broken the downward channel (RED DASH)and is looking like a new upward channel(BLUE SOLID). A close above the old channel should confirm the new channel is in tack.
we are also coming close to braking the trendline(blue)
we should have a clearer view next week but for now you can play the resistance 1.35 for a 600 pip scalp....
and again just my neebie point of viewIgnored
Disliked......
next resistance is 159x - blue bar
next support is 1632 area blue trendline - which has had at least 4-5 rejection and upon breach of this trendline should see a 1680 push ......Ignored