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Only Gold!

  • #141
  • May 22, 2013 10:21pm May 22, 2013 10:21pm
Quoting ronald_fsm
{quote} So do you think that gold will go up? thanks for your info.
YUP, from trader as well as from investor's perspective, I strongly think its going up.

My two Gold coins!
Hello World!
  • #142
  • May 23, 2013 3:31am May 23, 2013 3:31am
advice i got from old trader long time ago. note i am not in position.
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  • #143
  • May 23, 2013 3:40am May 23, 2013 3:40am
Quoting seaman2
advice i got from old trader long time ago. note i am not in position. {image}
Lets see mate, it'll unfold soon. I've never ever been able to understand these charts though.
Hello World!
  • #144
  • May 23, 2013 4:22am May 23, 2013 4:22am
Quoting ClockTrader
{quote} Lets see mate, it'll unfold soon. I've never ever been able to understand these charts though.
You will take it into consideration next time if reverses here now

I cross fingers, gold continues up, so you dont have to face this dilemma. This time.

Been around markets long enough to see people slaughtered in couple of days, and can see definite value in using disaster stops.
  • #145
  • May 23, 2013 4:32am May 23, 2013 4:32am
It has entered a saturant area in m15 and also has touched FE 200% . may be 1393 is a res point to retrace and then continues up.
There is no randomness. It is just Chaos, a higher form of order.
  • #146
  • May 23, 2013 4:36am May 23, 2013 4:36am
Quoting seaman2
{quote} You will take it into consideration next time if reverses here now I cross fingers, gold continues up, so you dont have to face this dilemma. This time. Been around markets long enough to see people slaughtered in couple of days, and can see definite value in using disaster stops.
If you check this thread backwards, I've been trying to go long for about 8 days now. It did reverse for me several times in the past one week & I did lose a batch of longs. If you read carefully, you'll come to know that.

I'm one of those who would come on board & admit wrong moves, share my SLs openly. Nobody can be a winner at all times. We lose, we win, the good guys will survive. I've been in this business for over 7 yrs now & on top of this I've been studying technicals which are as old as 5,000 (5K) years. I'm not sure about you.
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  • #147
  • May 23, 2013 4:56am May 23, 2013 4:56am
me, 18 years part time, 3 years consistently striking goals now.

SOOO, my is bigger !!

:nerd::nerd:
  • #148
  • May 23, 2013 5:02am May 23, 2013 5:02am
Quoting seaman2
me, 18 years part time, 3 years consistently striking goals now. SOOO, my is bigger !! :nerd::nerd:
Yea, no doubt, you sound more experienced than me. When I signed up at OANDA, I was a kid, I never used that a/c. I started trading like a normal trader about 7 yrs back.

You sounded like a noob coz of your joining date at FF. Never mind oldie.

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  • #149
  • May 23, 2013 5:33am May 23, 2013 5:33am
i may be oldie, but does not show in action

anyway, looks like you jumped over this hurdle.

Suggest to write down the scenario so you create table of odds, within your trading scope, and get rid of ego.

This was big step forward for my trading.

It hurts performance if not. Else you may be wasting another X or XX years and have nothing to show for it.
  • #150
  • May 23, 2013 7:07am May 23, 2013 7:07am
Quoting seaman2
i may be oldie, but does not show in action anyway, looks like you jumped over this hurdle. Suggest to write down the scenario so you create table of odds, within your trading scope, and get rid of ego. This was big step forward for my trading. It hurts performance if not. Else you may be wasting another X or XX years and have nothing to show for it.
Come'n, I was just trying to be clumsy by calling you oldie, I have no idea of your age, you may be younger than me, trust me. Lets leave this part anyways.

For the rest you said, it all was like overhead transmission for me. No offence.
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  • #151
  • May 23, 2013 7:32am May 23, 2013 7:32am
Congrats on your trade so far

1400 & 1402 next hurdle. Round numbers always pain to overcome.
  • #152
  • May 23, 2013 7:42am May 23, 2013 7:42am
Quoting seaman2
Congrats on your trade so far 1400 & 1402 next hurdle. Round numbers always pain to overcome.
Thanks for the compliments. So, you are a full time trader, rt?

I feel so old & bored that half the times I don't even feel excited when I make money. Maybe coz I look at it like Physics & Math and that's actually how it works like.
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  • #153
  • May 23, 2013 9:21am May 23, 2013 9:21am
I thought today would be a happening day, but not much there. Maybe I need to be more patient & better focus on offline errands :-)
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  • #154
  • May 23, 2013 11:34am May 23, 2013 11:34am
Hi ClockTrader
whats your view on gold !
Investing is SIMPLE but NOT EASY
  • #155
  • May 23, 2013 12:07pm May 23, 2013 12:07pm
Quoting Moly_Cam5
Hi ClockTraderwhats your view on gold !
Last time you asked, I said, buy around 1360 with SL around 1345, that was a good view, wasn't it?

Right now you could buy around 1388 or below & set SL around 1365 or below
Hello World!
  • #156
  • May 23, 2013 2:34pm May 23, 2013 2:34pm
Quoting ClockTrader
{quote} Thanks for the compliments. So, you are a full time trader, rt? I feel so old & bored that half the times I don't even feel excited when I make money. Maybe coz I look at it like Physics & Math and that's actually how it works like.
I work. Started showing interest in trading 18 years ago when I saw guy compound 10k account to 3m in futures in couple of months. He was playing a well timed reversal and subsequent trend. (Just like you now with gold) Had many bursts of trading and then loong pauses. But keeping eye on what is going on at all times. You could say I put in my 10k hours + little more, obviously on a more leisurely tempo.

Really made turnaround 3 years ago, which could as well be 10k mark in hours. Now aggressive with bet size to capitalize. However, turned out that work is now in a way and errors costing too much, for example like today, so I will have a go at fulltime. Just cant trade via phone at work. Too many variables and people look at you strangely.

Couple of days ago missed entry because of work, signal I got with audusd and that cost me 1/2 year pay.
  • #157
  • May 23, 2013 3:00pm May 23, 2013 3:00pm
Quoting seaman2
{quote} I work. Started showing interest in trading 18 years ago when I saw guy compound 10k account to 3m in futures in couple of months. He was playing a well timed reversal and subsequent trend. (Just like you now with gold) Had many bursts of trading and then loong pauses. But keeping eye on what is going on at all times. You could say I put in my 10k hours + little more, obviously on a more leisurely tempo. Really made turnaround 3 years ago, which could as well be 10k mark in hours. Now aggressive with bet size to capitalize. However, turned...
Really nice to know about you. I can feel ya. Skyrocketing profits can make us feel like God & losses can %^&*(&^

I've been in I.T. biz for about 2 decades now. Being online helps. But, the more I focus hard on FX, more I seem to lose. I should take a position, forget FX & go out on vacation. In the past, I have doubled / tripled my a/c in no time numerous times using ancient Indian sciences, I keep losing too due to lack of self control. Lets say I follow Mayan Calendars (not really though). But my knowledge is somewhat half & I badly lack discipline.

As I am growing, my confidence is flying through roof. There would be pitfalls too. But, I'm dying to prove myself & will keep trying.

My two gold coins!
Hello World!
  • #158
  • May 24, 2013 3:43am May 24, 2013 3:43am
Me 24 years IT.

Suggest this page, trader's psychologist, looks like gets contracted to bank traders, may find some hint for discipline & other stuff. I browse it here and there.

http://www.andrewmenaker.com/is-this-you/
  • #159
  • May 24, 2013 4:03am May 24, 2013 4:03am
Quoting seaman2
Me 24 years IT. Suggest this page, trader's psychologist, looks like gets contracted to bank traders, may find some hint for discipline & other stuff. I browse it here and there. http://www.andrewmenaker.com/is-this-you/
As for self control & discipline, I suffer from anxiety. I have consulted a good Dr. he says I need to meditate, I'm working on it. I have improved a little and I know its long road to go.

As for the trader type, I feel like a misfit in this world, started this thread to find like minded people, but there seem to be none.

I use ancient festivals of India from below link (pick ancient only):
http://www.festivalsofindia.in/calen...calendar/2013/

Lunar Calendar similar to below:
http://www.lunarium.co.uk/calendar/universal.jsp

& some similar signals, been developing my own methods based on these events.
Hello World!
  • #160
  • May 24, 2013 11:45am May 24, 2013 11:45am
There is a saying which states that "Silence can be observed before the storm comes"

The week is about to close & I'm bored & tired of no decent movement in the past 24 - 48 hrs. I've been long & have set the stops in such a way that I have nothing to lose, but, I'm running out of patience now. Tired & bored!

Hello World!
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