Only Gold! | Page 118 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Journal (only my take) 433 replies

Trading gold and silver only 59 replies

An idea for building wealth...using only gold 9 replies

GOLD traders only 90 replies

Attachments: Only Gold!
Exit Attachments

Only Gold!

  • #2,341
  • Feb 13, 2014 7:03am Feb 13, 2014 7:03am
would say be careful with the big news they have lately whipped it both ways in a $25 range
  • #2,342
  • Feb 13, 2014 7:35am Feb 13, 2014 7:35am
Unless scalping daily, the trend is up and PA is looking more and more strong as time develops to go into the 1300s.
To live a successful life, we must lose our fear of being wrong
  • #2,343
  • Feb 13, 2014 7:41am Feb 13, 2014 7:41am
Once 1297 is taken out and 1300 also by next week possibly (or earlier) IMO, the market will be choppy but for me its 1340-1360 in the short term before any form of major retracements.

This is a bulls market unless 1280 + 1260 is taken out on the daily.
To live a successful life, we must lose our fear of being wrong
  • #2,344
  • Feb 13, 2014 7:47am Feb 13, 2014 7:47am
Quoting ClockTrader
{quote} Got those 4 longs @ 1280 open for safety with tight SL. Got like 6 - 7 shorts (increasing / decreasing) with scalps around current price. I hope we get a clear peak by tomorrow OR maybe next week. The peak must sustain for several days ahead to be sure for reversal on daily chart. HT
Good luck with your shorts bro. Your a good trader, hope it works in your favor.

IMO I can't see no short opps for me based on my view.
To live a successful life, we must lose our fear of being wrong
  • #2,345
  • Feb 13, 2014 7:48am Feb 13, 2014 7:48am
Quoting evil pip
would say be careful with the big news they have lately whipped it both ways in a $25 range
I back tested all the past days. I know testing is different from live, but if you were around, you should have seen me playing like having fun during those volatile days.

Quoting EatPIPs
Unless scalping daily, the trend is up and PA is looking more and more strong as time develops to go into the 1300s.

My advise to everyone, whatever you do, buy/sell hedge or whatever, play safe, play ultra-light, there is always another day, unless you are indeed wild & a seasoned player.

Quoting spinozagr
in a less than an hour we will know the direction... Pray for south
Once I used the word "Pray", a critic popped up here & said "WTF so this what you do here... take a position & pray wtf ... blah blah blah " I never used this word again, damnnn!!.


Quoting spinozagr
{quote} if you say so, when there is a good chance to see -1275 today


All my bets are on shorts mate. My entire team of co-traders has been betting on shorts since yesterday.
Hello World!
  • #2,346
  • Feb 13, 2014 7:53am Feb 13, 2014 7:53am
I am Short in gold. Patience and Conviction. Both pays.
  • #2,347
  • Feb 13, 2014 7:55am Feb 13, 2014 7:55am
Quoting EatPIPs
{quote} Good luck with your shorts bro. Your a good trader, hope it works in your favor. IMO I can't see no short opps for me based on my view.
Based on my view, we are in a turning poing (bottom of pink area)...usd will be stronger making the gold go south
Attached Image (click to enlarge)
Click to Enlarge Name: rPuJSAo.png Size: 111 KB
The good thing with the future is that it is progressively approaching...
  • #2,348
  • Feb 13, 2014 8:01am Feb 13, 2014 8:01am
Quoting spinozagr
{quote} Based on my view, we are in a turning poing (bottom of pink area)...usd will be stronger making the gold go south {image}
This is the FX market dude, anything goes. At the end of the day everyone has their own system and people would be fools to copy trades of people they don't know. We share our opinions here not our wealth.

Market can go either way at any point. Technicals or Fundamentals are our guidelines only.

We could quite possibly be at a turning point. I trade UR also and that has been giving me the complete opposite effects of what I can see on my charts based on my predictions. No one really knows.

News should of "hypothetically" pushed the price up a bit further than it did but its just ranging in the same zone again.
To live a successful life, we must lose our fear of being wrong
  • #2,349
  • Feb 13, 2014 8:05am Feb 13, 2014 8:05am
Quoting EatPIPs
{quote} We share our opinions here not our wealth. Market can go either way at any point. Technicals or Fundamentals are our guidelines only. We could quite possibly be at a turning point. I trade UR also and that has been giving me the complete opposite effects of what I can see on my charts based on my predictions. No one really knows.
Nothing to add... aggred... as i said "Based on my view" that could be completely wrong at the end of the day...

Keep up the good job
The good thing with the future is that it is progressively approaching...
  • #2,350
  • Feb 13, 2014 8:09am Feb 13, 2014 8:09am
Quoting spinozagr
{quote} Nothing to add... aggred... as i said "Based on my view" that could be completely wrong at the end of the day... Keep up the good job
To live a successful life, we must lose our fear of being wrong
  • #2,351
  • Feb 13, 2014 8:09am Feb 13, 2014 8:09am
Quoting Love Sharma
I am Short in gold. Patience and Conviction. Both pays.
we are in same boat?

u enter in?
  • #2,352
  • Feb 13, 2014 9:07am Feb 13, 2014 9:07am
I just checked the news, only few hrs late, heck

The US data was bad, so that is why Gold is rising?
Hello World!
  • #2,353
  • Feb 13, 2014 9:09am Feb 13, 2014 9:09am
Quoting ClockTrader
{quote} To all those who have craving for going short: IF you want to sell, go ahead.. Sell Gold.. but, conservatively, Sell ultra light. I would remain on caution with my short behavior for next couple of days (until Full Moon is over).

Are their any books or learning material about who the moon affects trading. Also, the moon can be seen as a full moon from different positions here on earth. So, what time zone's full moon are you referring to?

Thanks for your time.
Luck has no place in trading. Leave that for the poker table.
  • #2,354
  • Feb 13, 2014 9:49am Feb 13, 2014 9:49am
Quoting Pair-me-up
{quote} Are their any books or learning material about who the moon affects trading. Also, the moon can be seen as a full moon from different positions here on earth. So, what time zone's full moon are you referring to? Thanks for your time.

You are one smart, son of a holy mom.


I don't know of any good book, my knowledge is based on my experience, self learning, the hardest way. I'll give you one clue, you might get some cues how it helps.

There is a MT4 indicator (free), just Google it "MT4 indicator moon phase", use it on your daily chart. Observe the trends & see what you get? Start from 2004 until 2014, share it here & then I'll give you next clue.


As for Full moon, it uses space time i.e. when the Moon is full, its full everywhere, regardless of where you or Moon is. It may sound amazing to you, but it affects us all uniformly (globally), how & why, I really can't explain it.


Cross-Check the timings with NASA site:

https://eclipse.gsfc.nasa.gov/phase/phase2001gmt.html
Hello World!
  • #2,355
  • Feb 13, 2014 10:45am Feb 13, 2014 10:45am
Quoting EatPIPs
Once 1297 is taken out and 1300 also by next week possibly (or earlier) IMO, the market will be choppy but for me its 1340-1360 in the short term before any form of major retracements. This is a bulls market unless 1280 + 1260 is taken out on the daily.
Moments away from 1300. Could today be the day we see this price again
To live a successful life, we must lose our fear of being wrong
  • #2,356
  • Feb 13, 2014 10:50am Feb 13, 2014 10:50am
Quoting EatPIPs
{quote} Moments away from 1300. Could today be the day we see this price again
1300 done.

1st TP complete.

Ideal move now is to see a daily close above 1300 for anyone holding long positions.
To live a successful life, we must lose our fear of being wrong
  • #2,357
  • Feb 13, 2014 11:01am Feb 13, 2014 11:01am
Quoting ClockTrader
{quote} You are one smart, son of a holy mom. I don't know of any good book, my knowledge is based on my experience, self learning, the hardest way. I'll give you one clue, you might get some cues how it helps. There is a MT4 indicator (free), just Google it "MT4 indicator moon phase", use it on your daily chart. Observe the trends & see what you get? Start from 2004 until 2014, share it here & then I'll give you next clue. As for Full moon, it uses space time i.e. when the Moon is full, its full everywhere, regardless of where you or Moon is. It...

Thanks for the reply!! I don't use Meta Trader... However, I will look at the website. And post something in the future when I learn more. As far as it sounding amazing... well... I am sure there is some logical reason. For example the gravity of the moon (and the sun) help to mix the temperature in the ocean(s) hear on earth. In turn that is part of the weather system that helps to circulate around the globe and we need that for crops.. Human beings need those basic commodities.. And gold is a commodity.. So, that is just my guess by the limited knowledge that I have.
Luck has no place in trading. Leave that for the poker table.
  • #2,358
  • Feb 13, 2014 11:16am Feb 13, 2014 11:16am
And how about New moon, ClockTrader?
  • #2,359
  • Feb 13, 2014 11:26am Feb 13, 2014 11:26am
Quoting ClockTrader
{quote} You are one smart, son of a holy mom. I don't know of any good book, my knowledge is based on my experience, self learning, the hardest way. I'll give you one clue, you might get some cues how it helps. There is a MT4 indicator (free), just Google it "MT4 indicator moon phase", use it on your daily chart. Observe the trends & see what you get? Start from 2004 until 2014, share it here & then I'll give you next clue. As for Full moon, it uses space time i.e. when the Moon is full, its full everywhere, regardless of where you or Moon is. It...

For some reason that link won't load on my web browser. Is it something that you had to log into?
Luck has no place in trading. Leave that for the poker table.
  • #2,360
  • Feb 13, 2014 5:58pm Feb 13, 2014 5:58pm
i m short gold using puts in NUGT papertrade base in my 1h chart set up
Attached Image (click to enlarge)
Click to Enlarge Name: 200.png Size: 38 KB
15 traders viewing now