What type of CLOSE are you thinking here? I am a newbie, but I feel like I need to constantly be open and listening for various explanations and ideas. I agree there should be some boundaries and as you identify ideas that guide your trading, stick ...

Why Are We Here? If you are really here for profits, please read!

Wise words my man!

Hold The Gold

Thanks for sharing.

Private Island Traders

Some great discussion on hedging. Thank you guys for sharing. Got a little of my learning in today.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Looks like a good trade. I think I'll join you there. Watching and waiting......

4 + 1 (Metals) strategy

Just closed half in profit. Trailing stop on rest with minimum BE+. Still have Buy limit set at 1490.50 waiting to execute......

4 + 1 (Metals) strategy

Hmmmm.....missed that. May look to get out of trades as soon as I get a noticeable dip.

4 + 1 (Metals) strategy

Seeing the same thing. Been entering sell orders each time we reach 1495 level. Resistance hasn't broken yet and have been able to pocket some wins as it retreats from the highs. I will switch to buys if we get down around 1490.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Right now, Gold is trading within some good support and resistance ranges. Watching the 1495 level on the upside and 1490 on the downside. Looking to buy dips and sell rallies around those points until it breaks down.

Gold RIGHT NOW

Good discussion for eaves-dropping. You guys are laying down some excellent insights! Not much I can add, but fascinating ideas and I'm following with much interest your findings.

Company Formation for the purpose of Trading (CFDs, spot etc)

Sell limit orders at 1495 just filled. SL at 1502. TP open. I also have a buy limit order at 1490.5 waiting to fill.

4 + 1 (Metals) strategy

closed half and moved SL to BE+. Also, added a buy limit at 1489, with SL at 1482. TP open.

4 + 1 (Metals) strategy

Sell limit just filled at 1495. SL 1502 and TP open. So, looking at around 1491 on the neckline?

4 + 1 (Metals) strategy

looks like it is heading back down..... Nice gains on my long positions. I closed both well in the money with last half closing out at 1487. Looks like first upside level held. We're in the sell zone. I just put on a few smaller sell trades on at ...

4 + 1 (Metals) strategy

Got started a little later today (recovering from a long weekend), so no sell trades yet.

4 + 1 (Metals) strategy

Forgot that scene. . Always can take a little more.....money!

Why Are We Here? If you are really here for profits, please read!

MzansiObi, thanks for the detailed explanation. Very helpful. My interpretation was pretty off LOL. I bought at 1484.4 , SL set at 1480. How far below head were you recommending? Watching to see if the inverse HnS patterns works out. Have TP on half ...

4 + 1 (Metals) strategy

Gold right now is ending a week of meh..... I expected bigger moves with impeachment, Brexit and trade war "pause". Started the week at 1488 - currently sitting at 1490. I can't say we've learned a lot about how the market is judging these events. ...

Gold RIGHT NOW

Since I am learning this stuff as I go, I am constantly trying to unpack your explanations. In this case, I understand the idea, but not really the complete rationale. In my unpacking this statement my questions / understanding is: H1 buy zone in ...

4 + 1 (Metals) strategy

Testing it as we speak!

4 + 1 (Metals) strategy