woops, sorry there. Swamped with a tad too much work, got my numbers mixed. SL 1295, in anticipation to resistance at 1296. 1305's my TP, may close early depending on the price..

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Still total of 4 longs on my side, as per my chart last night. SL's at a conservative 1305, taking into consideration the support of 1306 area. Been reading up on VSA, taking my time to digest the posts on sonic R on VSA, lets see where this journey ...

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Another long taken at 1297. For the chart people, here's mine. be warned, i'm not very good at gold yet, but i try to keep with my analysis. So we have 3 buys here, i know i have 4, but i'm running on 2 brokers, one which is a minilot account. ...

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Crazy day at work, just got home to a computer. 3 longs triggered at 1301,1300,1298. 1296 resistance should hold, lets see where it goes. Happy trading, everyone!

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here on the recommendation of heispark, hope to learn lots from this thread! now to begin from post 1... have a great weekend everyone!

Trading Made Simple

Well, bagged a total of 120-ish pips from the market today, thats all for my trading day. Small lots, but still, feels good to catch some pips. Cheers! Looking forward to the next trading day!

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I've only read CT's gold season theory, where you start investing after July, but being less than a yr old in the gold market, this is a new piece of information.

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you can only hitch a skirt so high before it slides down her smooth, slender legs anyway, whoever rides the right wave, may the pips be in your favor. my daily take in is about 20-ish pips on average, but small lots, mind you. ...

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mostly about the same here. I have 2MAs and just a few trendlines that a re-plot at the beginning of my day. Still holding my shorts, SL at 1318, but considering moving a tad higher, just to weather the news.

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Seems that it'll be closing there right about now

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I'm not exactly good at news events, but this spike up seems to be triggered by the news coming out of Ukraine, whether this would last, I'm not sure. currently holding 4 shorts at 1316, 1315, 1314, 1313 respectively.

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Entered 2 shorts at 1313, TP 1308. Let's see how this plays out. Planning another short at 1314, using a pending this time round. Hopefully this is the high of the day according to the flag pattern. Overall sentiment is up, just looking for a few ...

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Good afternoon everyone! Closed my 3 shorts from 1308-1309-1310 to 1306 as of yesterday night, didnt hold long enough to ride the downspike. I hear you man. Working right now, not tooo much time to look at charts, and also not a fan of setting ...

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Hope it reaches at least 1305-ish. wanna get rid of some shorts before going for some longs.

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Everyday I learn something new and beautiful from this thread. Anyway, current position is net of 3shorts, TP1 @ 1305, TP2 @ 1303 and TP3 @ 1301-1298 area. Though I doubt 1303 and below is very much feasible.

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care to share some strategies with this newbie? never tried scalping anything, but seems like something to do on nights where sleep doesnt come easy.

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Seeing strong resistance in the upper 1314 area, as well as strong support in the 1305 area. wonder which will break first? Holding a small short at 1310, fingers crossed.

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Nice. Not a math major myself, but did my fair share in engineering. And yes, I do believe in certain mathematical models, but never had the patience to model the system. Although I am tempted to enter a small short at 1308.5~1309 area, as I believe ...

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Hey wafiq, nice analysis, but I don't really understand how and why, would you mind to explain? what's the basis for your analysis thou? care to share or just point me in the right direction? all I can see now is the price is testing the 1305 area ...

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Yeah, did some research on it, still reading to get the full gist of it. IMO precious metals trade differently from currencies, thou I do see people using sonic for gold, but that's just my two cents on the subject. Been wanting to expose myself to ...

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