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- jinsen replied Jul 28, 2011
Price now in consolidation mode — Price been bouncing between approximate 1623 and 1607. Seem good price to buy at 1605. Stoploss in place. Now i improving on my entry point. but Always unsure whether to take profit or ride as much as ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jul 21, 2011
Price make bounce off at at around 1580. Too many support line below. Hope the price can stand the red trendline and jerk off. Fyi...or new comers. Have a clear direction of which is the long term trend. You can short...but must pick the right ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jul 13, 2011
Since you had backtest. 89% is out of how many trade. Your backtest started from when?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jul 13, 2011
Nice uptrend. Target to reach previous high resistance. Its a free ride now. Too bad i using oanada platform. Would like to keep the long and went for short term short at the red line. Will it break these week or next week.....hmmm.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jul 8, 2011
i think should be not much action. best time to scalp up and down
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jul 4, 2011
This week thurs and friday action day...next week direction day
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jun 24, 2011
Not much respect for the upper white horizontal line. Price may stall at 1500. Likewise if it doesnt hold...Then the lower white horizontal line should be next potential to load buy. I would load buy only when the price stall at the white horizontal ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jun 24, 2011
Move my stoploss to 1528 The green up trend line has been broken. It doesnt mean anything...as it seem the white horizontal is currently more respected line. See how the price react over there. Will switch to buy when the white horizontal line is ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jun 23, 2011
Closed half my trade. Price tested the green trendline. See how the price react there. If it did not break down the green trend line. And then make numerous test on the support green trend line. Probably will move stop loss nearer to let it take ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jun 23, 2011
I see that it has been tested several times..and it is not piercing through. And all those tested always have a minor retrace...but so far none go to the green trendline. So it would be a good place to put my short. My plan is if it passes through ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Jun 23, 2011
Hi all, I short at the purple resistance. Stoploss already in place. The purple line has been tested a few times. Will put stoploss at each lower high as i anticipated It probably will move down to the lower green trendline or near it at least. Or ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied May 4, 2011
When bull is so high. People have doubt and there is a slower buyer. People complain price too high. Now when price come down and become cheaper to buy. People complain afraid to buy. I believe and stick in the trend and nothing major has changes. I ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Apr 27, 2011
I so glad that i had closed my initial short positions. The hoping to get that great reversal has been very frustrating. Imagine that if i am still hoping and now i will be very regreat agin and again. Strategy: 1) Still holding to the trend. 2) ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Apr 25, 2011
Is gold and silver correlated? Does anyone know
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Apr 24, 2011
Since last week...where i closed all my short position. i have been looking at the chart price movement. For all dip...all price are snap up...It is obviously that those who are holding buy are not letting go. Every one who sell off are being ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Apr 21, 2011
i hold my short all at 1480. I have to close. Althogh if i dont touch it. It can hold till 1640. I mostly trade currency. I had so much noise that every where everyone is talking buying. So i cut my loss and switch to buy buy. But no worries. I dont ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Apr 21, 2011
Closed all my short positions. Buy at every dip. No retrace to enter. So buy at any higher low in the lowwer time frame. This gold is going up up up. Everyone is buying. i shouldnt go against it. Regardless of fundamental or techical. Up up up all ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Apr 20, 2011
Gold is a good example of never trading against the trend. Lesson learnt. Haizz. It is never coming down at all. So scary
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Apr 11, 2011
Hi all, It seem xauusd has reach new high. I got $5000 to took a gamble. Is it wise to short and average along the way? any comments
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- jinsen replied Feb 1, 2010
Sorry for my ignorance. I did thought of this method before. Initially, i thought it sort of make the whole trade standstill. I can wait for my price to come back to my correct direction. But the question is what if the price oscillates around ...
What's the point of hedging?