Too scared of downtrend to buy
Life's a bitch....so be a dog and cover it!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #12,262
- Oct 20, 2011 1:43am Oct 20, 2011 1:43am
- | Joined Aug 2007 | Status: Trader | 2,219 Posts
Too scared of downtrend to buy
So it went down to 1607, the way it is behaving right now it may go down more, but it may go up too, 1600 is a cool price, 1400 is cooler 
My first desire of 1610 - 1600 came true, lets see what happens next, 1400 is too much to ask for, specially with such high demand from India.
If you ask me, i probably am going with 1600 - 1610 !
(Please do not follow my words, as i don't have any charts to look at, nor have i any experience, i have been a price watcher for some years thats all)
My first desire of 1610 - 1600 came true, lets see what happens next, 1400 is too much to ask for, specially with such high demand from India.
If you ask me, i probably am going with 1600 - 1610 !
(Please do not follow my words, as i don't have any charts to look at, nor have i any experience, i have been a price watcher for some years thats all)
- #12,270
- Edited 3:50am Oct 20, 2011 3:35am | Edited 3:50am
So it went down to 1607, the way it is behaving right now it may go down more, but it may go up too, 1600 is a cool price, 1400 is cooler
My first desire of 1610 - 1600 came true, lets see what happens next, 1400 is too much to ask for, specially with such high demand from India.
If you ask me, i probably am going with 1600 - 1610 !
(Please do not follow my words, as i don't have any charts to look at, nor have i any experience, i have been a price watcher for some years thats all)
- #12,271
- Oct 20, 2011 3:53am Oct 20, 2011 3:53am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
Anything can happen.
Ravissek, man no need to be jealous i havent made any money in gold yet 
BTW, looking at gold's behaviour, i think it is going to come down more, until then they'll make the poor 95% more poorer, and when they come in they'll come in big time breaking the previous highs of 1900.
Patience is the key here, im not going in today, i'll go when i feel its shooting again, right now it is dropping.
BTW, looking at gold's behaviour, i think it is going to come down more, until then they'll make the poor 95% more poorer, and when they come in they'll come in big time breaking the previous highs of 1900.
Patience is the key here, im not going in today, i'll go when i feel its shooting again, right now it is dropping.
- #12,280
- Oct 20, 2011 6:38am Oct 20, 2011 6:38am
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
Nice pinbar on 1h.Second Pinbar showing upside might be possible
poor ravissek.
it seems your loss on the buy side is compounding every week ! market went down again today !
welcome to the real world of forex trading my friend.