Mate, whatever works for you, I cannot short and long, or what they like to call "hedge" even though a real hedge is using different means to "hedge" if you will.
Thus, as more of a position trader, I don't swing back and forth regularly,(maybe I should go to a swinger's club :rofl )
I like to enter at the "bottom" or when everyone and their mother is short and then BOOM like last week, stops blown and a nice high rise out of the measly 10 USD per day range we had WEEK after WEEK... Shite, sometimes even a 5 buck range!
No disagreement whatsoever!
I think you have posted here before, but just in case.
WELCOME (or welcome back)
XT
Thus, as more of a position trader, I don't swing back and forth regularly,(maybe I should go to a swinger's club :rofl )
I like to enter at the "bottom" or when everyone and their mother is short and then BOOM like last week, stops blown and a nice high rise out of the measly 10 USD per day range we had WEEK after WEEK... Shite, sometimes even a 5 buck range!
No disagreement whatsoever!
I think you have posted here before, but just in case.
WELCOME (or welcome back)
XT
DislikedThere is no disagreement or contention here. I also take the view Gold has many years of juice left in its bullish run. However, I'm a swing trader and pay close attention to when the market may temporarily turn / or correct. Nothing else gets the juices stirring in the market than QE hysteria so why not make money from it ?Ignored
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News