Only Gold! | Page 705 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Journal (only my take) 436 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!

  • #14,081
  • Aug 13, 2014 3:12am Aug 13, 2014 3:12am
Quoting lukaszm1
{quote} I hold them till 1298. Will ad some more at 1300. But id rather dont see price there ;-)
exactly...going below 1303 wont be comfortable
  • #14,082
  • Aug 13, 2014 3:13am Aug 13, 2014 3:13am
Opened 1 long trade at 1307.

This doesn't seem to go anywhere. Huge resistance above and nice support building up below as well. Considering long term, Gold is bound to go higher coming months.

Have couple of shorts opened. Will try to close them in green and pick up Gold on every fall.
Gagz
  • #14,083
  • Aug 13, 2014 3:14am Aug 13, 2014 3:14am
Gold & Silver heading down.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 41 KB
Money Makes Money
  • #14,084
  • Aug 13, 2014 3:15am Aug 13, 2014 3:15am
Quoting ClockTrader
This is one SMA I started to look at recently SMA 555 on H1, it can be so hard to believe, how this SMA works, go back in history and you'll find it very amazing.. {image}
mate ill recomend looking @ 555 high and low with it
i use the 500 almost the same
Senior Trader Multi-Account Manager
  • #14,085
  • Aug 13, 2014 3:16am Aug 13, 2014 3:16am
hello every one and good morning
hope all is fine today ('',)
Senior Trader Multi-Account Manager
  • #14,086
  • Aug 13, 2014 3:18am Aug 13, 2014 3:18am
looking foreword to see the 1291 today
Senior Trader Multi-Account Manager
  • #14,087
  • Aug 13, 2014 3:19am Aug 13, 2014 3:19am
Quoting ClockTrader
This is one SMA I started to look at recently SMA 555 on H1, it can be so hard to believe, how this SMA works, go back in history and you'll find it very amazing.. {image}
Everyday I learn something new and beautiful from this thread.
Anyway, current position is net of 3shorts, TP1 @ 1305, TP2 @ 1303 and TP3 @ 1301-1298 area.
Though I doubt 1303 and below is very much feasible.
  • #14,088
  • Aug 13, 2014 3:26am Aug 13, 2014 3:26am
Good morNing FrIendS

Really its Very intresting thread and Ct is a Fantastic Trader,i Really learn a lot From this Thread,i M not Trading Gold Today Because my pocket is Full
  • #14,089
  • Aug 13, 2014 3:33am Aug 13, 2014 3:33am
Quoting ClockTrader
{quote} You have to have a backup plan mate. For example hedges or SL etc unless you are trading micro-lots with reasonable good capital. {quote} I was thinking on similar lines.. 1307 1305 1303 1301 ....
oh yah i have a stop in mind as i said @1290 but the price wont reach there ,im not even bothering to add the stop to positions
  • #14,090
  • Aug 13, 2014 3:34am Aug 13, 2014 3:34am
Quoting froglicker
{quote} Everyday I learn something new and beautiful from this thread. Anyway, current position is net of 3shorts, TP1 @ 1305, TP2 @ 1303 and TP3 @ 1301-1298 area. Though I doubt 1303 and below is very much feasible.
Quoting lorix
{quote} mate ill recomend looking @ 555 high and low with it i use the 500 almost the same
Quoting qaiser4u007
Good morNing FrIendS Really its Very intresting thread and Ct is a Fantastic Trader,i Really learn a lot From this Thread,i M not Trading Gold Today Because my pocket is Full
I never liked indicators like sma, I still don't follow them.. but, nice for reference and interesting stuff..

attached are my SMA settings, I'm not very good at using things like these, so I just thought I should share what I got...
Attached Image
Hello World!
  • #14,091
  • Aug 13, 2014 3:35am Aug 13, 2014 3:35am
with whats going on right now i think the 1306 the low of the day
  • #14,092
  • Aug 13, 2014 3:47am Aug 13, 2014 3:47am
Quoting wafiqsalameh
with whats going on right now i think the 1306 the low of the day
I kinda agree with you...
Itchy Spirit Return This Year: na
  • #14,093
  • Aug 13, 2014 4:04am Aug 13, 2014 4:04am
I want more low 1300-1302 or Low 1298 to switch more longs
need to reset the ballast before going up
where are we? we are here. where are we going? ...
  • #14,094
  • Aug 13, 2014 4:14am Aug 13, 2014 4:14am
Quoting eruc
I want more low 1300-1302 or Low 1298 to switch more longs need to reset the ballast before going up
Hope it reaches at least 1305-ish. wanna get rid of some shorts before going for some longs.
  • #14,095
  • Aug 13, 2014 4:49am Aug 13, 2014 4:49am
Quoting ClockTrader
{quote} {quote} {quote} I never liked indicators like sma, I still don't follow them.. but, nice for reference and interesting stuff.. attached are my SMA settings, I'm not very good at using things like these, so I just thought I should share what I got... {image}
Try and look @ this template mate just keep an eye on it from time to time
Attached File(s)
File Type: tpl ma,s.tpl   15 KB | 562 downloads
Senior Trader Multi-Account Manager
  • #14,096
  • Aug 13, 2014 4:57am Aug 13, 2014 4:57am
Quoting Spiritwalker
{quote} I kinda agree with you...
wow, just took a look at your trades, seem like u keep doubling up per trade. very dangerous way to play forex.
  • #14,097
  • Aug 13, 2014 5:01am Aug 13, 2014 5:01am
Quoting froglicker
{quote} Everyday I learn something new and beautiful from this thread. Anyway, current position is net of 3shorts, TP1 @ 1305, TP2 @ 1303 and TP3 @ 1301-1298 area. Though I doubt 1303 and below is very much feasible.
SMA555? simple moving average 555 on 1hour chart?
sorry i cant see want you see, no correlation to the 1 hour chart here.
can you kindly explain?
  • #14,098
  • Aug 13, 2014 5:11am Aug 13, 2014 5:11am
Tuesday, August 12, 2014, the US Treasury Department reported that the U.S. Government had a budget deficit of $95 billion for the month of July 2014.

http://www.bullfax.com/?q=node-us-de...-time-buy-gold

Yorky JR Aug 13, 2014 09:03AM GMT U.S. Deficit At 102% Of GDP Hits Another Record. The US budget Deficit grew another $95 billion in July 2014 to a record $17.7 trillion. Historically (apart from the past 2 years when everything disconnected due to QE) Gold correlates best with total outstanding debt. Time for a move up?

1 min chart, looking for a new high so long as recent wave is not broken
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 28 KB
  • #14,099
  • Aug 13, 2014 5:18am Aug 13, 2014 5:18am
Quoting Verve
Tuesday, August 12, 2014, the US Treasury Department reported that the U.S. Government had a budget deficit of $95 billion for the month of July 2014. http://www.bullfax.com/?q=node-us-de...-time-buy-gold Yorky JR Aug 13, 2014 09:03AM GMT U.S. Deficit At 102% Of GDP Hits Another Record. The US budget Deficit grew another $95 billion in July 2014 to a record $17.7 trillion. Historically (apart from the past 2 years when everything disconnected due to...

@ Verve

I agree with your forecast, Long above 1305 with targets at 1318 & 1322.7 in ext
  • #14,100
  • Aug 13, 2014 5:22am Aug 13, 2014 5:22am
Quoting Goldglobal
{quote} @ Verve I agree with your forecast, Long above 1305 with targets at 1318 & 1322.7 in ext
Now we just have the US retail data to get through, seems like a jagged pill until then
3 traders viewing now