Good point, the next significant weekly candle will be critical! Look where we are now vs this first weekly candle in mid June: image A lot of large wicks and indecision, this kind of action keeps me on the lookout

Gold RIGHT NOW

The combination of info from you guys is perfect, well done

Is demo a step before real trading?

Traders paradise That's the idea!

Gold RIGHT NOW

Yes I meant the XAU/USD positions. I am closing my longs today before FOMC tomorrow, I hope it will benefit you like I suspect it will.

Gold RIGHT NOW

I hope everyone takes advantage of trade opportunities today! Before the day is over I will be offloading almost all of my long position to minimize exposure during FOMC. If you are LT bullish right now like me I’m leaving just enough on to get a ...

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

Talking to yourself is good for trading, bad for social events.

"AUSSI" my thread and anything I want to put here

07.29.19 sentiment: Bullish My downgrade to 'Slightly Bullish' did not last long - I am glad I have held onto some of my IAU longs. I did swap out some of my gold longs for silver longs because I think it will appreciate along with gold but has some ...

Gold Sentiment - Determining Trade Direction

Waht? Not defending your crown? But we want to knock off the king of the hill TE: url Last 4: 5636

Metal Competition Zone (Demo)

Woah, thanks for the link MoneyZilla. I thought this quote was pretty insightful:

Hold The Gold

Thanks for the post Aleksbuk, we can't worry about missed opportunities too much. Hindsight is 20/20 and I would rather miss an opportunity that force a bad play!

My Trading Magazine

Did you close your short then Don? Or are you still trying to hold until Friday? I am curious because right now I find myself on the other side of your trade

Gold RIGHT NOW

My guess is that we are going to have a 20% performance year this year like we did ten years ago. I have struggled a bit finding the perfect entry points as well but I'll just say don't let it keep you sidelined forever else you will miss the gains ...

Trading Gold

Yes good point, although forward testing is much better to rely on.

Is demo a step before real trading?

I sorta agree. I would say demo has been useful for me in two ways. Experiment with a new trading concept (as long as it does not rely on the broker's order book) Feel out the market with short term trades in order to determine direction and time of ...

Is demo a step before real trading?

I ran into this as well. I usually trade longer term horizons but jumped into some shorter trades this week. The open/close hours for XAU can get tricky when you are trading short time frames.

"AUSSI" my thread and anything I want to put here

Good choice

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

I was taking inordinate risks against my general sentiment in order to catch up with you so now there is really no chance to catch up. This week... I was the dum dum.

Metal Competition Zone (Demo)