- Search Metals Mine
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- faraz37 replied Aug 25, 2015
Guys, I need an honest informed advice from you professionals out there. I get a call from stoxmarket.com offer semi-managed account, it seems to be a good idea as trading isn't my full-time job and they say on average they can provide 10-20% ...
- faraz37 replied Aug 18, 2015
Damn... I hit my silver stop loss today! Didnt trade gold today although 1109 was a good area to enter long for scalping...but again its foolish to go against the overall trend..still waiting for 1130 to enter short US oil new contract will start... ...
- faraz37 replied Aug 17, 2015
I completely agree with you. It is bearish, fed is likely to increase (whenever it will) on 0.25% basis at a time which would be enough to keep putting pressure on gold. Another thing I notice is that silver movement is getting widely out of sync ...
- faraz37 replied Aug 16, 2015
1132-34 is a good resistance might push back to 1112-1115 area just to move back to 1155 area which is fib area since the bull run back in 2007-8. It would be interesting to see how gold reacts to these areas. From the downside, i believe 1198-96 ...
- faraz37 replied Jul 22, 2015
The kind of shity market conditions we are facing these days its best to just scalp.. otherwise its next to impossible (atleast for me) to catch on to any big move
- faraz37 replied Jul 22, 2015
This one gives generic info maybe good for investors.. but still doesnt explain that specific PA: url
- faraz37 replied Jul 21, 2015
As I said earlier, China sold their Gold and that's why we saw that disturbing PA. url
- faraz37 replied Jul 19, 2015
Im sorry if you lost your account like many others! Don't exactly know what happened it was not a glitch... more like massive selloff maybe on govt. level. I wonder what SkyzerFX has to say about this now... whatever conspiracies he gives its always ...
- faraz37 replied Jul 19, 2015
Sorry but I am highly doubtful! I was expecting gold price to respond well to 1131 level by bouncing back with a huge candle going back towards 1141. But instead, it kept on flirting with that level and Comex actually closed below it. There is no US ...
- faraz37 replied Jul 13, 2015
Yup thats the channel! Start selling in 1160s region... It's awkward for me to admit but seems like the new trading range would be 1080s-1160s. Dollar is expected to strengthen as the rate hike is coming in focus as Greece drama is near conclusion ...
- faraz37 replied Jun 17, 2015
Get ready for the fed ride my friends! Iv placed buy orders starting from 1165 all the way till 1141... placed sells starting 1192 till 1204 Lets hope for the best. Happy trading every1
- faraz37 replied Jun 15, 2015
Very much possible for today... However, I think Gold will trade in a tight range 1171-1188 or so until the fed meeting. And thats when we'll see fireworks big and small all sorts. I guess Gold will see 1142-1163 area once more after the meeting ...
- faraz37 replied Jun 10, 2015
just removed 100% of my gold positions I had from 1163. Good place to sell oil from here... target 58 or belo
- faraz37 replied Jun 9, 2015
I noticed that you removed forex.com from the list. I have been using them for good 8 years now (before that was with fxcm, and left because of reasons you mentioned in your earlier posts). With forex.com I used to trade using their traditional ...
- faraz37 replied Jun 5, 2015
Good buying opportunity here and around 1161.. take profit 1200+ Ride the wave boys! Dont forget silver! Buy here and remove at 17+ Stoploss? Dont really need one... but 1141 is a good place... nice 2:1 ratio Have a nice weekend
- faraz37 replied Jun 4, 2015
Expect 1171 today
- faraz37 replied Jun 1, 2015
Bulls today totally lost it stablising above 1200... they wouldnt try again this week because of positive data expectations... expect 1181 retest.. 1171 isnt far from reach either.
- faraz37 replied May 27, 2015
It would be interesting to see where gold goes today since no data from US. Dollar is already showing some weakness.. I am bullish biased but 1200 seems pretty hard to break today. Have a great day every1
- faraz37 replied May 26, 2015
Sure! There is no strategy on face of the earth which can give you 100% wins, thats the reason why we use stop loss (I prefer hedging). In your screenshot it gives a quite good win to loss ratio. Anyway, to avoid losses in I try my best to figure ...
- faraz37 replied May 26, 2015
You are welcome to the forums and Best of luck with your strategy. Would wait to know if you get success with yours or mine strategyAlso, I am quite confident that Bollinger bands dont work one-size-fits-all. E.g. on H1 i dont see PA respects the ...