Hmm who thinks gold gonna Bull again, rise your hand?
I am new in gold trading, what i have to do right now.
Long or short.. Look like gold is side way now T___T
Don't wish it were easier, wish you were better. ~ Jim Rohn
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #11,381
- Sep 30, 2011 2:59am Sep 30, 2011 2:59am
- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
- #11,382
- Sep 30, 2011 3:14am Sep 30, 2011 3:14am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
I thought this thread was about trading gold and silver, not peoples' 'feelings'.
http://imagemacros.files.wordpress.c...pg?w=639&h=480
http://imgs.xkcd.com/comics/duty_calls.png
Has anyone read "Trade your way to financial freedom"? There's a really good chapter where he takes several different traders with completely different methods and timeframes, then takes several charts and applies each one's system to them and almost all of them made money even though some were long and some short at the same time.
The only ones that didn't were the ones that followed other people's recommendations and didn't have a system of their own.
To me making money > being right or trying to convince people that my view of the world is 'better' than theirs.
On topic - I'm long both based on ascending triangles and bullish momentum on 1H/4H timeframes. Got tightish stops and profit targets set and ready for any breakouts.
Green pips
Anything can happen.
- #11,383
- Sep 30, 2011 3:15am Sep 30, 2011 3:15am
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
Hmm who thinks gold gonna Bull again, rise your hand?
I am new in gold trading, what i have to do right now.
Long or short.. Look like gold is side way now T___T
(a)raise your left hand if you think its the US$
(b)raise your right hand if you think its gold.
(c) raise both your hands if you think both.
(d) raise both of your legs along with your hands if you are undecided
- #11,385
- Sep 30, 2011 3:27am Sep 30, 2011 3:27am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
Anything can happen.
- #11,386
- Sep 30, 2011 4:03am Sep 30, 2011 4:03am
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
- #11,387
- Sep 30, 2011 5:54am Sep 30, 2011 5:54am
I am blank right now no idea which direction its going the most i can get out of a chart is this . help if you have anything.
Looking at dollar and crude i guess its gonna fall maybe
i think crude gonna down and dollar up in 1 or 2 months
- #11,391
- Edited 7:05am Sep 30, 2011 6:48am | Edited 7:05am
whats your take on next week ? its going up or down ?
Weekly close under the green line on chart would be a signal to short downto (who knows?) 1200..another daily spike above that line - resumption of the uptrend to (who knows?) 10000
))))Aud & Nzd are tending to fall much deeeper.........
- #11,397
- Sep 30, 2011 7:51am Sep 30, 2011 7:51am
Hi
I dont know how about you fellas,but Im short gold
one thing that there is no good volume,Im afraid about it
http://www.forexfactory.com/showthre...91#post5001691
p.s. btw i am in higher tf trading
- #11,399
- Sep 30, 2011 8:17am Sep 30, 2011 8:17am
my 2 cents... i think gold n silver are in ranging for the time being... maybe a while...
http://www.forexfactory.com/showthre...91#post5001691
p.s. btw i am in higher tf trading
now on low we have huge volume it will make huge movement
