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requin replied May 13, 2008shorted 1xYGM8 at 867.50. Had put a sell stop gtc @868. Oh well. Prices had crossed short term support at 875 (trendline). However, 20 SMA support lay at 872. As bias were support at 870, why place bets on an expection everyone recognizes versus a ...
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requin replied May 1, 2008Already? Huh. It's a shame you had leave so soon. I had so much to ask you. Guess it can't be helped. Thanks though anyway.
Doji Star Journal
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requin replied Apr 30, 2008Trend sustainability should be considered in all trades. How long will the trend last and under what conditions will it last? Speculation before an event happens such as a press release is a good example. Gold fell from 95X to 864.1 on speculation ...
Requin's Journal
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Requin's Journal
Started Apr 30, 2008|Trading Journals|2 replies
Trying to document my experiences trading futures, lest I forget them.
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requin replied Apr 30, 2008I trade silver since it peaked at 21.XX and down to 16.60. Price has since bounced in an interval of 20 ticks from an all time low a couple times already. I wouldn't trade silver until get confirmation of a major trend. If not, silver is just going ...
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requin replied Apr 29, 2008Gold fell today. Let wait and see what happens tomorrow. He who fights and runs away‥lives to fight another day! Oliver Goldsmith
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requin replied Apr 26, 2008Using Nov 07 Dec 07 as a base for Fibonacci retracement and its all time of 1033 as a top, gold sitting on the last support at 890. To me, it would appear that prices could fall as low as 820 before reclaiming its bullish trend. However, prices ...
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requin replied Apr 24, 2008If you think about, rationally, you would assume that gold and silver are inflation hedges. From current prices however, it looks more as if they were used as currency hedges. As things are, if inflation continues to quicken, perhaps it is possible ...
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requin replied Apr 23, 2008metals — I have enjoyed reading your posts, Doji Star. I thought I could contribute. Gold and silver in my opinion can't go much higher. Assuming that there isn't a demand for gold/silver, I had always thought of it as a difference in widening ...
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