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Only Gold!

  • #4,941
  • Mar 27, 2014 12:22pm Mar 27, 2014 12:22pm
Looks like 1291 saved again... upon break of 1306 it should move back to bulls hand.
  • #4,942
  • Mar 27, 2014 12:23pm Mar 27, 2014 12:23pm
Come on you bears. 1289 would be nice, 1270 would be the icing on the cake, 1180 would be the cherry on the top!

Really can't consolidate for too long.
  • #4,943
  • Mar 27, 2014 12:26pm Mar 27, 2014 12:26pm
hahahahahahhahahahahahahahahaha
  • #4,944
  • Mar 27, 2014 12:28pm Mar 27, 2014 12:28pm
Quoting ClockTrader
{quote} ....lost like few % in demo a/c and about 0.1% of my net worth in real acc. I hope I can make good moves when seasonal opportunity comes in.
Only 0.1% loss? That's the sign of a successful trader to me. Managing losses, keeping them to a minimum, is 80% of trading proficiently.

Only 20% to go bro!
  • #4,945
  • Mar 27, 2014 12:30pm Mar 27, 2014 12:30pm
Quoting elbert3
{image} one candle tells a tail lots of candle tell the story???? somebody tell me the story??
Not trying to burst your bubble here man but I don't think this much of a trend would obey what you see on a 1hr chart, 4hr or daily would be more like it.
Less is more...
  • #4,946
  • Mar 27, 2014 12:32pm Mar 27, 2014 12:32pm
Quoting GoldenGunner
Come on you bears. 1289 would be nice, 1270 would be the icing on the cake, 1180 would be the cherry on the top! Really can't consolidate for too long.

You're funny dude, at most 1240 would be more like it...never say never.
Less is more...
  • #4,947
  • Mar 27, 2014 12:33pm Mar 27, 2014 12:33pm
were now in a nice support zone, long at 1293.33 tp 1320 sl 1289,
even when moment is very bearish there is chance of pullacks to 13xx area.
  • #4,948
  • Mar 27, 2014 12:48pm Mar 27, 2014 12:48pm
We love you bears, we do, ooohhhh bears we love you (1180 please!)...ok...may be next week (after the snap-back?)
  • #4,949
  • Mar 27, 2014 1:00pm Mar 27, 2014 1:00pm
1291 broken, God bless bulls if this is not just "spike" down to test the nerves
  • #4,950
  • Mar 27, 2014 1:09pm Mar 27, 2014 1:09pm
Quoting Noob Trader
1291 broken, God bless bulls if this is not just "spike" down to test the nerves
I know how how u feel
  • #4,951
  • Mar 27, 2014 1:31pm Mar 27, 2014 1:31pm
Quoting Lohi
{quote} I know how how u feel
sorry, you need to think again. When I trade I ensure sufficient comfort is there.
  • #4,952
  • Mar 27, 2014 1:36pm Mar 27, 2014 1:36pm
I guess its just me then :-)
  • #4,953
  • Mar 27, 2014 1:45pm Mar 27, 2014 1:45pm
Quoting Lohi
I guess its just me then :-)
Its not like that, I am trapped in long @ 1331, but have sufficient space to handle the heat.
  • #4,954
  • Mar 27, 2014 1:47pm Mar 27, 2014 1:47pm
I am stuck in a long at 1324 , trying to safe my account :-)
  • #4,955
  • Mar 27, 2014 1:52pm Mar 27, 2014 1:52pm
Quoting Lohi
I am stuck in a long at 1324 , trying to safe my account :-)
why dont you open some hedge trades if you see opposite trend? or does your broker not allow it?
Lose in spoonfulls, win in buckets
  • #4,956
  • Mar 27, 2014 1:55pm Mar 27, 2014 1:55pm
anyone going long??? going long at 1289.40.... stop loss at 1287.50
  • #4,957
  • Mar 27, 2014 1:56pm Mar 27, 2014 1:56pm
I am hedging already finding the most appropriate time to close my positions and ride the uptrend
  • #4,958
  • Mar 27, 2014 1:58pm Mar 27, 2014 1:58pm
Quoting Monkiman
anyone going long??? going long at 1289.40.... stop loss at 1287.50
I have sufficient long at 1300. Will wait for price to come down to 1285 before adding big long...goodluck!
  • #4,959
  • Mar 27, 2014 2:01pm Mar 27, 2014 2:01pm
For those who like trading with Moving Averages, there is very good tool available (i use it for long time) It will save you time. Suggest using on European time Metatrader

Pips To MA Alert - Dashboard

Attached Image (click to enlarge)
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http://www.forexfactory.com/showthread.php?t=317213

Enjoy !
  • #4,960
  • Mar 27, 2014 2:14pm Mar 27, 2014 2:14pm
Hope everyone here has been making good money today and banking those pips. Downtrend is still running strong. I have no intention of longing Gold with current PA until either 1298 gets a close above or 1300 is swiftly taken out again with a continuation.

Have a good one all
To live a successful life, we must lose our fear of being wrong
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