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  • #42,461
  • Sep 12, 2024 10:07am Sep 12, 2024 10:07am
Little help guyz
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  • #42,462
  • Sep 12, 2024 10:08am Sep 12, 2024 10:08am
Quoting Silver-King
{quote} Nice man! It'll be great when it starts heading up like a rocket. Nat Gas might have actually bottomed for this cycle. I think Gold's going way above 5000$ by 2030. and Silver should be around 200$.
Yeah - Nat Gas I played in Feb, sold out on the 1st spike up, it retraces for second higher low, bought in again - just need to see if it spikes high or a trickle up, obviously spike high is preferred, then you can short the hell out of it on the way down after 2 years etc

If we had had a 100 years worth of price data for gold I could have worked out the cycles, as we've only got freely traded data back to the 70's its not quite as easy as it should be - but I'm working on it, I've got a couple of cycles

I can see $5k eventually
  • #42,463
  • Sep 12, 2024 10:14am Sep 12, 2024 10:14am
Quoting Sultanxm
Little help guyz {image}
Your one sell is in profit already so close it.
  • #42,464
  • Sep 12, 2024 10:18am Sep 12, 2024 10:18am
Triple top 1 min
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We watch the charts from every angle so you don't have to!!
  • #42,465
  • Sep 12, 2024 10:24am Sep 12, 2024 10:24am
Probably this leg up is going to 2583 +/- but I need to see a correction!
Looking for profitable short term trades ...|
  • #42,466
  • Sep 12, 2024 10:24am Sep 12, 2024 10:24am
Quoting pedro319
Triple top 1 min {image}
4th one is in process
  • #42,467
  • Sep 12, 2024 10:27am Sep 12, 2024 10:27am
Quoting Js3mwtRc
Probably this leg up is going to 2583 +/- but I need to see a correction!
I have 4 sales right now with a size of 0.1 each and I am freaking out right now as I thought the market would reverse or will make a correction at 2555 but it is not stopping.
  • #42,468
  • Sep 12, 2024 10:29am Sep 12, 2024 10:29am
Quoting SnowMan121
{quote} I have 4 sales right now with a size of 0.1 each and I am freaking out right now as I thought the market would reverse or will make a correction at 2555 but it is not stopping.
Maybe when Silver gets to 30$, the Gold will stop as well.

I'll see what I'll do if the price gets to 30$...
  • #42,469
  • Sep 12, 2024 10:29am Sep 12, 2024 10:29am
Quoting SnowMan121
{quote} I have 4 sales right now with a size of 0.1 each and I am freaking out right now as I thought the market would reverse or will make a correction at 2555 but it is not stopping.
put a stop loss and go enjoy you're day, dont stress yourself out - youre doing great.
  • #42,470
  • Sep 12, 2024 10:31am Sep 12, 2024 10:31am
Price broke of the channel and closed above, so probably we are heading till around 2580 and then some correction to down.
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  • #42,471
  • Sep 12, 2024 10:32am Sep 12, 2024 10:32am
In short with SL 2565, gonna make some or loose all.... Care to share opinions??
  • #42,472
  • Sep 12, 2024 10:38am Sep 12, 2024 10:38am
Quoting keepitup
{quote} put a stop loss and go enjoy you're day, dont stress yourself out - youre doing great.
Actually it's my first day with Gold, previously I was trading EURUSD and it was boring and when I started trading Gold it freaked me out. I guess I went too hard on my first day.

Any tips for Gold Trading for person who wants to be a full time trader?
  • #42,473
  • Sep 12, 2024 10:38am Sep 12, 2024 10:38am
Market Watch: Jobless claims edge up to 230.000, but still no sign of rising layoffs
CNBC: Layoffs jump in August while hiring in 2024 is at historic low



Propaganda ministry indeed!
  • #42,474
  • Sep 12, 2024 10:44am Sep 12, 2024 10:44am
Quoting SnowMan121
{quote} I have 4 sales right now with a size of 0.1 each and I am freaking out right now as I thought the market would reverse or will make a correction at 2555 but it is not stopping.
Not going to break out above the current high imo, you should be safe for the moment might spike up to take out stops but otherwise you’re good, Asia might give you a retracement tomorrow. Use it wisely!

Consider trading with a stop if you’re new and not sure about what you’re doing, gold doesn’t move like fx pairs.
  • #42,475
  • Sep 12, 2024 10:45am Sep 12, 2024 10:45am
Quoting Silver-King
Market Watch: Jobless claims edge up to 230.000, but still no sign of rising layoffs CNBC: Layoffs jump in August while hiring in 2024 is at historic low Propaganda ministry indeed!

Media always writes what the boss wants
  • #42,476
  • Sep 12, 2024 10:47am Sep 12, 2024 10:47am
Powell looking at the price of Gold
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  • #42,477
  • Sep 12, 2024 10:51am Sep 12, 2024 10:51am
Quoting SnowMan121
{quote} I have 4 sales right now with a size of 0.1 each and I am freaking out right now as I thought the market would reverse or will make a correction at 2555 but it is not stopping.
Selling is harder, better wait for a retrace first to buy and lower your lot.
Looking for profitable short term trades ...|
  • #42,478
  • Sep 12, 2024 10:53am Sep 12, 2024 10:53am
Quoting d1zzy
{quote} Not going to break out above the current high imo, you should be safe for the moment might spike up to take out stops but otherwise you’re good, Asia might give you a retracement tomorrow. Use it wisely! Consider trading with a stop if you’re new and not sure about what you’re doing, gold doesn’t move like fx pairs.
Thank you for the advice brother. How to learn Gold Trading any tips?
  • #42,479
  • Sep 12, 2024 10:54am Sep 12, 2024 10:54am
Quoting Js3mwtRc
{quote} Selling is harder, better wait for a retrace first to buy and lower your lot.
Roger that! I was no doubt reckless and now that's teaching me a lesson.
  • #42,480
  • Sep 12, 2024 10:54am Sep 12, 2024 10:54am
Quoting dilidanjaro
Zebi come back! we the refugees forgive you! next account will be safer don't forget risk management includes SL even if you or the others are richer than Donald T.
you can always get another account but the reputation is forever gone
"I am selling every H4 candle" "Adding" it backfired big time
they come and go like mushrooms said Whale the other day Totally agree.
I am waiting for 65 to open 20 lots short. Also only risking part of the profits

snitches get stitches
I only follow traders with IQ above 160
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