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Gold RIGHT NOW

  • #421
  • Aug 5, 2019 9:42am Aug 5, 2019 9:42am
Quoting Goat
We are breaking out like El Chapo!!!
Momentum seems strong, 1470 is looking like it'll break!!
  • #422
  • Aug 5, 2019 2:49pm Aug 5, 2019 2:49pm
Gold is coming off it's lows right now but today has broken out of the range it's been stuck in and has made some new highs. It's tough to say whether we'll continue towards the 1500 level, but now that we've broken out from that range, it's looking like a possibility. Here's gold on a daily chart since the beginning of this year.
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-4.png Size: 13 KB
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #423
  • Aug 5, 2019 3:12pm Aug 5, 2019 3:12pm
Quoting Aussi
"Being popular on Facebook is like sitting at the cool table in a cafeteria in a MENTAL Hospital
If in doubt, paddle out!
  • #424
  • Aug 5, 2019 3:57pm Aug 5, 2019 3:57pm
Quoting Neil0163
Gold right now is forming a triangle pattern, I anticipate this breaking upwards to at least 1470 No selling for me. {image}
Target hit 6000 pips taken from this badger
  • #425
  • Aug 5, 2019 4:31pm Aug 5, 2019 4:31pm
Not my worst day ever, but in the top 5 for $$$ drawdown. % drawdown isn't nearly as bad thankfully.
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #426
  • Aug 5, 2019 5:15pm Aug 5, 2019 5:15pm
love gold now a retrace even better ,,,,,,,waiting
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  • #427
  • Aug 5, 2019 5:22pm Aug 5, 2019 5:22pm
RD Express!!! 1500 all aboard!!!
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  • #428
  • Aug 5, 2019 5:33pm Aug 5, 2019 5:33pm
Quoting Neil0163
{quote} Target hit 6000 pips taken from this badger
Wow great call
careful not to step in a pile of it
  • #429
  • Aug 5, 2019 8:08pm Aug 5, 2019 8:08pm
Quoting brainnotdead
{quote} Just out of interest, and if you don't mind sharing - what kind of tools/indicators are you using to play the swings?
based on his posts it seems he's following this system: https://www.metalsmine.com/showthread.php?t=922895
Keep It Simple With Sentiment (KISWS) - Trade and Profit like the Pros!
  • #430
  • Aug 5, 2019 8:51pm Aug 5, 2019 8:51pm
Quoting Aussi
love gold now a retrace even better ,,,,,,,waiting
Did you ride her down? Got in on that retracement too, but have one position still in the game (greed)...tp 1457
  • #431
  • Aug 5, 2019 9:01pm Aug 5, 2019 9:01pm
Quoting GoldGrilz
{quote} Did you ride her down? Got in on that retracement too, but have one position still in the game (greed)...tp 1457
yes mate it closed the gap so i did very well glad you also made money from your broker
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  • #432
  • Aug 5, 2019 9:05pm Aug 5, 2019 9:05pm
Niiicceeeee! Ehhhh still demo-ing now..... blew my other demo. Should be good to go live in a few weeks though!
  • #433
  • Aug 5, 2019 9:08pm Aug 5, 2019 9:08pm
Quoting GoldGrilz
Niiicceeeee! Ehhhh still demo-ing now..... blew my other demo. Should be good to go live in a few weeks though!
i am glad to see a trader going live mate
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  • #434
  • Aug 5, 2019 9:12pm Aug 5, 2019 9:12pm
they might push gold up to get the new sell stops
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  • #435
  • Aug 5, 2019 10:34pm Aug 5, 2019 10:34pm
Quoting Aussi
they might push gold up to get the new sell stops
Push gold up to get sell stops? You mean buy stops, right?

Either way, I doubt brokers have much influence on this raging market. They're probably holding on for dear life.

Quoting Neil0163
{quote} Target hit 6000 pips taken from this badger
Yeah nice chunk you took Neil. I'm in the same trade just about $10 higher than you. Hope I have the same happy ending.
  • #436
  • Aug 5, 2019 10:43pm Aug 5, 2019 10:43pm
Quoting Goat
{quote} Push gold up to get sell stops? You mean buy stops, right? Either way, I doubt brokers have much influence on this raging market. They're probably holding on for dear life. {quote} Yeah nice chunk you took Neil. I'm in the same trade just about $10 higher than you. Hope I have the same happy ending.

"""""""""Push gold up to get sell stops? You mean buy stops, right """""""""

i did mean sell stops and if you do not believe brokers influence markets i do
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  • #437
  • Aug 5, 2019 11:10pm Aug 5, 2019 11:10pm
Maybe we have different lingo about this, but a sell-stop is below the market. Brokers would need to push the market down to get a sell stop.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB


Quoting Aussi
if you do not believe brokers influence markets i do
I believe they do sometimes. Not in a raging market though. Too much volume to overcome, and too much risk of a runaway market.
  • #438
  • Aug 5, 2019 11:11pm Aug 5, 2019 11:11pm
Quoting Goat
Maybe we have different lingo about this, but a sell-stop is below the market. Brokers would need to push the market down to get a sell stop. {image}
very nice arrows , sell stoploss makes sense
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  • #439
  • Aug 5, 2019 11:17pm Aug 5, 2019 11:17pm
Quoting Aussi
sell stoploss makes sense
Ahhh I get you now.

Btw they are not my arrows I got that image from google.
  • #440
  • Aug 5, 2019 11:20pm Aug 5, 2019 11:20pm
Quoting Goat
{quote} Ahhh I get you now. Btw they are not my arrows I got that image from google.
its ok mate i should have put it in the first post put what i meant , not what my brain told me
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