DislikedAnd you say that is wrong? i wish i could choose correctly those top and bottomsIgnored
Here is something to ponder, the trend only changes once, so over time you will do better trading the way it is going.
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
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DislikedAnd you say that is wrong? i wish i could choose correctly those top and bottomsIgnored
DislikedI still fail to see why, after 10 years of going up, some people are still trying to jump in front of a moving train, hoping it might stop and reverse. Yes, some s/r levels demand a closer look and some caution, and the lybia situation might fuel the current rally, but it's not like we're going to run out of crises any time soon.Ignored
DislikedWhen we look at gold prices, the mainstream media has been saying gold is too high,lots of supposedly good analysts have been saying gold is too high and can't go any higher and they have been saying it for a long time now. THEY ARE WRONG and have been proven wrong. The mainstream never saw it ------
I've a feeling that gold permabears are going to get repeatedly hurt.Ignored
Disliked
"Because it's high it should reverse. Let me sell" Things don't work like that.Ignored
DislikedGood luck to you friend! I was paying you a compliment just so you know.
Good work.
Point being sometimes the best entries and exits are when no one is looking or expecting....
We cashed out at 1375 bought back and the trend didn't slow a bit. When you take profit at major support or resistance areas you always run the risk of losing some on a short covering bounce or a big buy bounce in which case your entry may not be as low as you would like.
(and i don't mean "you" riko )Ignored