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Trading Gold

  • #21
  • Jun 26, 2019 11:41am Jun 26, 2019 11:41am
Quoting GeorgeBaile
{quote} Hello; are you practicing only Gold? Or with others FX trading instruments?
Just gold for now. There is something about gold that speaks to me more than forex. I can't quite explain it. I'm also getting into gold bullion.

For practice accounts I've been using IFC Markets and IC Markets.
If you have faith in our leaders of commerce, don't buy gold.
  • #22
  • Jun 26, 2019 12:14pm Jun 26, 2019 12:14pm
Quoting 676f6c64
{quote} Just gold for now. There is something about gold that speaks to me more than forex. I can't quite explain it. I'm also getting into gold bullion. For practice accounts I've been using IFC Markets and IC Markets.
I like trading gold because it stands outside of country boundaries. The economics at play are global but somehow feel more simple to me as well.

Finding ways the trade gold in the US is slightly harder than forex but it’s worth it imo
careful not to step in a pile of it
  • #23
  • Jun 27, 2019 3:44am Jun 27, 2019 3:44am
Quoting bulltrap
{quote} I like trading gold because it stands outside of country boundaries. The economics at play are global but somehow feel more simple to me as well. Finding ways the trade gold in the US is slightly harder than forex but it’s worth it imo
Nice to know your steps on Gold! But, are you doing mainly long term trading here? Or do you have any short term trading experience on Gold?
  • #24
  • Jul 10, 2019 12:13am Jul 10, 2019 12:13am
Quoting ZikriIrfan
{quote} Nice to know your steps on Gold! But, are you doing mainly long term trading here? Or do you have any short term trading experience on Gold?
I trade short term as well. Recently I have been trading ETFs such as IAU. Are you in the market right now too Zikri?
careful not to step in a pile of it
  • #25
  • Jul 10, 2019 11:32am Jul 10, 2019 11:32am
Do you think Gold will start rallying again to challenge that double top at 1437?
  • #26
  • Jul 10, 2019 12:29pm Jul 10, 2019 12:29pm
Quoting mlawson71
Do you think Gold will start rallying again to challenge that double top at 1437?
I do although it will take a number of days. If you are willing to stay in the market a bit you could make a nice buck.
careful not to step in a pile of it
  • #27
  • Jul 14, 2019 11:25am Jul 14, 2019 11:25am
Hi i m Joe.. I am Nubie and interested to learn more about gold trades, n share idea, Ty guys
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  • #28
  • Jul 14, 2019 8:09pm Jul 14, 2019 8:09pm
slowly but steady, got go withdraw first
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  • #29
  • Jul 15, 2019 3:26am Jul 15, 2019 3:26am
Current gold
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  • #31
  • Jul 18, 2019 5:30pm Jul 18, 2019 5:30pm
Quoting joeaileen
Hi i m Joe.. I am Nubie and interested to learn more about gold trades, n share idea, Ty guys {image}
My advice, buy gold for a little while
careful not to step in a pile of it
  • #32
  • Jul 23, 2019 8:25am Jul 23, 2019 8:25am
Quoting bulltrap
{quote} I trade short term as well. Recently I have been trading ETFs such as IAU. Are you in the market right now too Zikri?
No mate; I use mainly Forex instruments (major pairs only), Gold and recently crypto’s!
  • #33
  • Jul 23, 2019 9:18pm Jul 23, 2019 9:18pm
Quoting ZikriIrfan
{quote} No mate; I use mainly Forex instruments (major pairs only), Gold and recently crypto’s!
Zikri - Do you have any open gold positions? Curious what direction you think it is headed.
careful not to step in a pile of it
  • #34
  • Jul 29, 2019 12:29am Jul 29, 2019 12:29am
Quoting bulltrap
{quote} Zikri - Do you have any open gold positions? Curious what direction you think it is headed.
No mate! I have no open trade here! Basically I am looking for a good entry area!
  • #35
  • Jul 29, 2019 12:13pm Jul 29, 2019 12:13pm
Quoting ZikriIrfan
{quote} No mate! I have no open trade here! Basically I am looking for a good entry area!
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 altogether.
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I like that you are patient though, this type of trading is something that took me quite a while to be disciplined in and I still have a lot of room for improvement.
careful not to step in a pile of it
  • #36
  • Jul 29, 2019 9:56pm Jul 29, 2019 9:56pm
Quoting bulltrap
{quote} 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 altogether. {image} I like that you are patient though, this type of trading is something that took me quite a while to be disciplined in and I still have a lot of room for improvement.
Very useful chart; thanks buddy! Yes I can’t compromise on the quality of new entry point! Best wishes for you!
  • #37
  • Aug 2, 2019 8:06pm Aug 2, 2019 8:06pm
Quoting ZikriIrfan
{quote} Very useful chart; thanks buddy! Yes I can’t compromise on the quality of new entry point! Best wishes for you!
Have you found your entry yet Zikri? Hope you got in before the +10% tariff announcement.
careful not to step in a pile of it
  • #38
  • Last Post: May 6, 2026 7:37am May 6, 2026 7:37am
Whoever is trading after Cinco De Mayo, I can't believe it's happening since the market opened in Sydney/Tokyo sessions, Gold was in the bullish run, but it is slowing down during London/NY sessions. What a day.
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