TechKnow
TLV1.1 All Time Return:
44.5%
Disliked{quote} Well done, man! I wonder what Zebi is thinking right now... Aren't we supposed to be dropping like a stone by now? The news still has its aftereffect, and it will be interesting to see whether Gold has topped out for the year or not.Ignored
DislikedGold was overbought with the Fed's neutral stance, and now there is less reason to rally again. Major buyers are cautiously monitoring the market and after a limited rally, there is a possibility of a correction to 2186 and then 2146.{image}Ignored
DislikedHello Experts, Please suggest: i have one lot gold buy at 2140 i have .5 gold sell @2080 and .5 @ 2075. I have total around 6000 + loss but still i have 2000+ margin. How to safely come out from present situation. Thanks in advanceIgnored
Disliked{quote} so you've got 9(!) underwater.., about seventy pips(+) with one & one hundred thirty(-) with ten.., my suggestion for future hedging.., only "definite" quantity of loss (or gain) have to force you to open hedge.., for example: 30 pips range, 50 pips range etc..., / needs to be "the range" you familiar with.., and at least 1/3 or 1/4 of ADR daily..,) for now my suggestion.., take 1/3, 3 lots, hedge, than see if you can recover, going by one third.., choosing range and playing by 20-30 (!!?) pips.., even 10.., do not expect to get back anything,...Ignored
Disliked{quote} Would love to give you input, tell me what your analysis is saying to you?Ignored
Disliked{quote} Would love to give you input, tell me what your analysis is saying to you?Ignored
Disliked{quote} so you've got 9(!) underwater.., about seventy pips(+) with one & one hundred thirty(-) with ten.., my suggestion for future hedging.., only "definite" quantity of loss (or gain) have to force you to open hedge.., for example: 30 pips range, 50 pips range etc..., / needs to be "the range" you familiar with.., and at least 1/3 or 1/4 of ADR daily..,) for now my suggestion.., take 1/3, 3 lots, hedge, than see if you can recover, going by one third.., choosing range and playing by 20-30 (!!?) pips.., even 10.., do not expect to get back anything,...Ignored
Disliked{quote} well as per my channel i feel from here its good sell opportunity, and i want to get your advice, if this channel is correct or i should wait for one more confirmation. thanks in advanceIgnored
Disliked{quote} In my opinion, the next targets can be 2323 and 2350, and after that, correction to 2100 and 2085.Ignored
Disliked{quote} I think these are safe targets to get out of longs around this area. It may go a bit higher but this is a conservative way to approach the trade, I will also be looking to exit at any big spikes into 23xxIgnored
Disliked{quote} Yes, you should always be careful in trading But I think gold will reach higher prices this year (which I don't like to see happen).Ignored
Disliked{quote} Yea its difficult to explain to someone who is clearly new how to get out of this situation. Thats not a bad plan Baba What do you think about this? I think it may be easier and less stressful for him as a newb to try it this way. I have your positions showing on my chart. Red for short, green for long. Put your gold long in a 1 dollar profit. Price will come down a little bit but probably is going to go back up, so what you want to do is stay hedged till price is actually going to come down through both trades. Price can go up to...Ignored
Disliked{quote} I think it's great you posted a chart here. Thank you; I think the channel is inaccurate, but that's okay; it will get easier in time. I would not go shorting anything right now; we may see some slightly lower prices. I think inevitably we will move up to 23xx . My personal opinion is its a very bad time to short. Whether I am right or wrong, the question you should ask yourself is if you are prepared to be wrong at this stage. Because of the indecision you are having i think it is wise you stay out and find a better place So many...Ignored
Disliked{quote} so you've got 9(!) underwater.., about seventy pips(+) with one & one hundred thirty(-) with ten.., my suggestion for future hedging.., only "definite" quantity of loss (or gain) have to force you to open hedge.., for example: 30 pips range, 50 pips range etc..., / needs to be "the range" you familiar with.., and at least 1/3 or 1/4 of ADR daily..,) for now my suggestion.., take 1/3, 3 lots, hedge, than see if you can recover, going by one third.., choosing range and playing by 20-30 (!!?) pips.., even 10.., do not expect to get back anything,...Ignored