Trade Three

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a friend of mine posted this .. lets see ..

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i wouldn't be surprised if we see $3750

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That kind of speed is whats called an exhaustion, or a climatic candle and in gold it often occurs around the London AM Fix or PM Fix. Take the example from last Tuesday at 17:00 (+3 GMT), right around the London PM Fix, volume spiked with 47k ...

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ill humor you with it .. T is an intersection you either go right or left.

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In trading, attachment is costly and the market does not reward emotions, only decisions. Being married to a trade blinds you to changing conditions and mounting risks. A setup is valid only until the evidence shifts, then discipline must take over. ...

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When you are buying, someone else is selling and vice versa. That is what creates a market. Now, in price discovery mode, the question is.. - who is actually selling at the top? - Who is offering contracts at 3685, 3689, and now 3694? Lets step away ...

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the habit of great traders .. switch directions

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Remember.. when it falls .. 3595 is your target .. well for now ..

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Trade Two ..

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EDIT: Zurich and Frankfurt in play ..

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that my friend is not the right way for trading. Good traders cut their losses but great traders switch directions. u being glued to the screen on a trade going against u will not do anything. either set a tight stop or call it a day and move away ...

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Arab world summit against israel currently in progress

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this wont help much

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To be honest, its becoming nearly impossible to project anything with certainty anymore. On one hand, we have an IDIOT president who appears unable to manage U.S. or international diplomacy. At the same time conflicts are flaring up across the ...

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err actually no there is a news .. a huge news video

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well said ..

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All right guys .. all projections hit.. done for the day .. lets see what brings in Asian Session !! until then have a nice and congrats to those who made it to a new high

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theres always a trade .. its called next one .. EDIT: but yeah .. that NY move was a 273 pips move ..

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you took the trade ? Raha !!

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