Only Gold!

Free Forex (Gold) Trading Signals
I shall be sharing about 2 signals a week through Skype, feel free to bug me at: AuroraIN and click here to signup

Few Rules:

1. No Jacking or Fights or blame games and share only GOLD (with Silver as exception) related news, views, charts & positions etc. However, if your win rate is great, you can share other pairs too.
2. Only Neutral sharing of your views & positions if you feel like.
3. I expect fellow members to respect my privacy.
4. Dear newbies, no noise please. No offense to anyone.
5. IF your win rate has been great, no need to publish chart / theory to support your call / view and you can share any pair.
6. I'm not a teacher here to teach stuff, while I shall try my bit but, really sorry, if this is what you came here for.
7. This is a commercial section and I am a commercial member, I'm here to do business. No offense to anyone.
8. I can't share my analysis as most of it is sole proprietary stuff.
9. If you wish to share your calls on my thread, you must first share a trading account, real or demo on mql5 or TE. Thus we can be sure you are an expert enough to share a call..

Example: https://www.mql5.com/en/signals/178278


Acronyms & Terms used:

1. 'VVSA' is an acronym for Volatile Volume & Spread Analysis.
2. 'DCB' is for Daily Clock Band; NY-DCB would imply New York based Daily Clock Band..
3. 'PO' for Peak-Out
4. 'BO' for Bottom-Out
5. "VVSA-PO-M15" would imply VVSA Peak Out on TF M15 and so on..
6. 'KCH' for Key Clock Hrs.

My Strategy:

1. I try to cling to Golden Seasons i.e. Buy around and right after June-End, Sell by/in Jan. Additionally rely on VSA for swings and rallies. As visible on monthly charts, Golden Seasons appear to have gone into deep sh!t. I expect seasons to continue to show bad patterns until 2019
2. For day trades I use key clock hrs such as start of Chandigarh, London and NY sessions and 12:00 pm NY
3. When I post screenshots of my positions, please assume the size is micro-lots.
4. The Golden seasons are inspired from ancient Indian Festivals, marriage season (in India) & Solar Seasons (Summer/Winter).

Free Advise:

1. Money Management: If you are not an expert with 2-3 yrs of trading experience. I would suggest you trade micro lots OR use minimum leverage. Lesser the experience lesser the leverage. If you insist on using high leverage, I would suggest go to Las Vegas. Gambling in Casino may be equally entertaining. Leverage like 1:100 is for gamblers, not for traders unless you are super-expert.
2. Sometimes I use low leverage like 1:3 or 1:4 and don't use SL for investment purposes. This may not apply to you. Therefore, its advisable that you use SL & respect MM
3. Love and respect MM like your Mom and you can well imagine the returns.
4. If you started trading after seeing that stupid banner ad, I suggest you to trade with your pocket money only for first 6 months at least. If making bread and butter from Forex was so easy, everyone would be a rich man.
5. If you made money, remember that came from someone's loss. The Exchange (Comex/Globex) won't pay you from its pocket. So how does it work? Price Action will hit SLs all the time to pay people who are making money.

FAQs:

1. Ques: CT, Why do you hedge?
   Ans: Normally, I would hedge to lock the profits. I hate using SL, so, in lieu of using SL, I may hedge my contracts in Indian commodities against Forex & vice versa.
   
2. Ques: How does your strategy work? How do you analyze?
   Ans: Primarily I follow Golden Seasons and it runs in the background and in the foreground I solely rely on Volatile Volume and Spread Analysis (VSA) for swings and rallies, also follow key clock hrs.
   
3. Ques: When price is soaring, that means people are buying, right?
   Ans: IF you are talking about physical market where, then YES! Otherwise, when you see price climbing, that means people have been selling and now their SLs are being hit. One's profit comes from other's loss.
   
   ONLY PEOPLE INSIDE the exchange know the exact balance.. weight on the long side & short side.. IF weight is too much on the long side, they'll bring price down to hit the buyers..
   

Tools and Indicators:

1. For day trades, use Key Clock hrs and Daily Clock Band
2. For seasonal trades, use Golden Seasons (not working lately, so not following blindly)
3. For rallies and swings I use Volatile Volume & Spread Analysis (VVSA), free indicator Better Volume.
4. Within seasons I also follow ancient Indian festivals.

More about VVSA:

1. I use free indicator "Better Volume", you may want to use that too, For download click here
2. In order to see how I use VVSA, please follow this link: Volatile Volume Spread and Analysis with Golden Seasons, Key hrs and H1-H4 Cycles
3. Please be advised that you cannot learn VVSA overnight, it takes years to learn & make sense out of Forex trading like any other profession.

Off the Topic /Racism etc.

1. Its alright to talk off the topic during weekends as long as its healthy and doesn't make too much noise.
2. Lets not talk about religion, racism here..
3. Whatever religion we are from.. lets make sure we do not chant our mantras / Gods here.. Most likely it would not please members of other religion.

Other Stuff like Crude, Health etc..

1. Please also check Dark Seasons, my other thread for US Crude Oil.
2. Health is Wealth. Super Fitness can be the way to uber-richness. Don't lose sleep over greed. Check this other thread of mine dedicated to this topic: http://www.forexfactory.com/showthread.php?t=474490

Good Luck to ya all!

My Blog: GoldGuru

PS: English is not my first language, I make grammar mistakes all the time.. as I type too fast.. too rash.. so please bear with me :-)

PPS: Please be informed that I'm in the process of re-branding my identity & I'm known as "GoldGuru" and/or "GoldGuru.in" on other forums.

There are threads concentrating on Gold.
They are in the commodities and Stocks forum.
But I don't think that any concentrate on position trading. I will look forward to reading your views. I will contribute if/when I can, but as mostly I don't expect to keep a trade open for more than a day or 2, I will probably be more a reader than a contributor.

BTW
Your rule #1 No Selling
I guess that you mean no vendors?
It can't p[ossibly mean that short positions are not allowed - can it?

Hello BHAI...what does your status means??

I have not been around here for many years & yea, the Gold traders & investors must be in the commodities area.

Yea, of course, its ideal to short Gold. From selling, I meant no selling of your products / services / signals in this thread. Trying to keep this thread clean.

Gold on short moob and soon will touch 1390 then 1320 w8ing

I am shorting targetting 1400

I agree with you guys, however, I believe its going to take a while to reach those areas. I'm expecting Gold to hit below 1400 around Akshay Tritiya or Ashtami which would take a week. Its possible that it may take even longer i.e. until Budh Purnima

bro rather than counting on indian festivals kindly POST some charts otherwise this thread will be DEAD soon..

As stated earlier, I rely on Indian festivals like Akshay Tritiya, Dhanteras to buy Gold. It has nothing to do with charts etc. I'm sorry for not being able to provide you with any kind of charts.

Have a nice one!

OK..best of luck.

hi , I will be thankful if any one could advice me about my problem ,I had easy-forex account for 4 years trading , in gold price crash I had xau/usd deals I put some sell limits from 1360 to protect my deals from call margin , exactly when the price touched my limits this limits are canceled by dealer and I got call margin , he says I did it because your account did not have enough margin to open your limits and I closed them, I want to know is it legal a dealer close your limit personally and not automated, why he didnot left my limits to close automatically?

thats because u havent got a reputed forex broker rather they are market makers so once u less on margin they will close your positions manually and unfortunately u gona loose ur money.... nothing much could b done about it but it better to trade gold on future or option exchange rather than on forex platforms hope this satisfies u

thank you very much for your advice is there any refrences I can complain against them or not?

It's not totally clear to me what you are saying.
If I understand correctly, you knew that your open positions were losing and that if they lost more, you would get a margin call.
Knowing that you barely had enough in your account to cover the margin requirements of your open trades, you tried to add a new position.
Your broker did not allow you to open the new trade because you did not have enough free margin.
Why would you expect the deal to go through if you did not have enough free margin?
What are you complaining about?

TOP DOWN GOLD

It will come down today, way to much positive news in the market in general for people to be buying into gold. Once the Dow turns around, then it will be time to jump in, it had a nice little retrace from 1320.00, and maybe that was its low, but we will not see 1,500 this year, and today, I think it will drop atleast 20 dollars, with the Dow settling over 15,000. Just my opinion.

The way I see, Gold should hover around or above 1800 by the end of this year. As stated earlier, I expect Gold to stay low and / or further lower for next 3-7 days. Gold buying festival season will start in India next week & I expect Gold to bottom out by next weekend.

I have no clue what you are talking about. You think "Indian Festivals" will drive the price up $400.00. Do you have any charts or just a hunch.

That was a little funny. I didn't meant to say that some festival in India will drive Gold up or down. What I'm trying to do here is take Indian festivals as indicators to predict when it will be ripe time to go long or short.

Its supposed to work precisely like Physics, but, interpreting is not easy, nevertheless, its still easy to make living if one can understand the significance associated with these days:

http://www.festivalsofindia.in/calen...calendar/2013/

Officially speaking, there are some festivals which encourage us to buy Gold & I take them as indicators. Its a whole science in itself. It may sound like foreign language to many people here, but, this is what it is.

I think I understand what you mean, I am from Canada, and we have a expresion for buying stocks, (Buy when it snows, sell when it goes), which actually works out well. Anyways, I have 3 futures contracts short from 1453.9 right now, stop loss of 1,460, and a TP of yesterdays low of 1440.4