Only Gold! | Page 725 | 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!

  • #14,481
  • Aug 15, 2014 10:51am Aug 15, 2014 10:51am
Quoting waleed.khan
We just might have one more leg down to retest the support area... This pattern was a double Abc flat... where the last wave was a zigzag; which might see its 5th down leg but I suspect it will be truncated and not go beyond or if it does then 1290 should hold.... *also look at the volumes on the hourly chart; they seem to have dwarfed everything in recent month* (These are good signs)
Don't think that's happening , 1296 is possible but I don't see us going below there. I also think Silver will hold stronger now on any gold dips. Silver will have a massive day very soon.
  • #14,482
  • Aug 15, 2014 10:52am Aug 15, 2014 10:52am
Quoting wafiqsalameh
{quote} what about if i tell you im sure 100% this will close around the opening and by net few days will see it over 1350!!!hey im sure....im not god, but im sure
Where do you think this account is going?

I could withdraw funds since I'm hardly using them, deploy the surplus in other business.

Made 10% last month, 15% up this month, withdraw 50% capital which I can use somewhere else, I'm inside seasons. After one withdrawal, profits shall be 50% up.

Do I look like using 100% of my money to make 100%?

This is about Risk Management, its about respecting MM like your Mom. Of course its about skill-sets too.

PS: Closed Super Dark Green contracts last week, leftover (residual) long contracts there.
Attached Images
Hello World!
  • #14,483
  • Aug 15, 2014 10:53am Aug 15, 2014 10:53am
Quoting Driver55
Buy @1295.75
TP 1312.5
The best thing that can happen to you is to find out where you're wrong.
  • #14,484
  • Aug 15, 2014 10:54am Aug 15, 2014 10:54am
Quoting wafiqsalameh
ct i hope when u get my 11 years experience that(u keep repeating to me) to know more than what i know about gold
The point is that I don't like liars. What is your history? Any other community you were active on? Even if its in some other language, share with me. You do not sound like someone with 11 yrs of experience, period.

You don't know sh!t about MM. Its very hard to believe what you say.
Hello World!
  • #14,485
  • Aug 15, 2014 10:54am Aug 15, 2014 10:54am
june 17th was a major support test,...here we go we in it now
  • #14,486
  • Aug 15, 2014 10:56am Aug 15, 2014 10:56am
Quoting ClockTrader
{quote} The point is that I don't like liars. What is your history? Any other community you were active on? Even if its in some other language, share with me. You do not sound like someone with 11 yrs of experience, period. You don't know sh!t about MM. Its very hard to believe what you say.

u dont have to call me liar thats unpolite
  • #14,487
  • Aug 15, 2014 10:56am Aug 15, 2014 10:56am
Quoting shaban010
{quote} Seems to me that you are one of the market makers

I dabble in market making from time to time……...
  • #14,488
  • Aug 15, 2014 10:57am Aug 15, 2014 10:57am
seeing it is believing it ct
  • #14,489
  • Aug 15, 2014 11:02am Aug 15, 2014 11:02am
Could see 1321 today,, no joke… but 1311 could be where we end up on day..
  • #14,490
  • Aug 15, 2014 11:04am Aug 15, 2014 11:04am
Well that 170+ pip spike appears to be Golds version of a fake out, now for the real BO lol.
As the lights go by so too do the shadows move
  • #14,491
  • Aug 15, 2014 11:09am Aug 15, 2014 11:09am
Quoting shaban010
Area between 1296 - 1300 to reload long trades. Just my opinion.
Just a reminder

  • #14,492
  • Aug 15, 2014 11:10am Aug 15, 2014 11:10am
Quoting shaban010
{quote} Just a reminder
very good bro hope that your pocket is full now
  • #14,493
  • Aug 15, 2014 11:13am Aug 15, 2014 11:13am
Quoting ClockTrader
{quote} Where do you think this account is going? I could withdraw funds since I'm hardly using them, deploy the surplus in other business. Made 10% last month, 15% up this month, withdraw 50% capital which I can use somewhere else, I'm inside seasons. After one withdrawal, profits shall be 50% up. Do I look like using 100% of my money to make 100%? This is about Risk Management, its about respecting MM like your Mom. Of course its about skill-sets too. PS: Closed Super Dark Green contracts last week, leftover (residual) long contracts there. {image}...

and who set you the rules of mm newton or einstein
  • #14,494
  • Aug 15, 2014 11:20am Aug 15, 2014 11:20am
Quoting wafiqsalameh
{quote} and who set you the rules of mm newton or einstein
Half of the times its so hard to understand your English. Anyways, I don't mind helping a newbie like you.

Read these articles, I'm sure they'll help.

Source of att.. img: http://www.forex-money-management.com/ there is more for you here..

http://www.fxkeys.com/money-manageme...oney-in-forex/

http://www.moneyshow.com/articles.as...currency-32041
Attached Image
Hello World!
  • #14,495
  • Aug 15, 2014 11:23am Aug 15, 2014 11:23am
Quoting ClockTrader
{quote} Half of the times its so hard to understand your English. Anyways, I don't mind helping a newbie like you. Read these articles, I'm sure they'll help. Source of att.. img: http://www.forex-money-management.com/ there is more for you here.. http://www.fxkeys.com/money-manageme...oney-in-forex/ http://www.moneyshow.com/articles.as...currency-32041 {image}

It's all true, 100%.

I can tell you without a doubt if I had managed my money properly over the past few years I would have millions. Instead I have suffered due to bad MM. There's no escaping bad MM. Sure you can get some nice big home run trades, but if the habit is not changed you are destined to go broke. It's best to take it slow and steady from the beginning and that's it.

Good money management isn't appealing to people because it basically tells them they will not get rich quick. The funny thing is without good money management you won't get rich period.
  • #14,496
  • Aug 15, 2014 11:24am Aug 15, 2014 11:24am
the problem is im not interested of reading to learn something......hahahaha ,i dont want to learn anymore hahahahaa
  • #14,497
  • Aug 15, 2014 11:32am Aug 15, 2014 11:32am
Quoting Ck87
{quote} It's all true, 100%. I can tell you without a doubt if I had managed my money properly over the past few years I would have millions. Instead I have suffered due to bad MM. There's no escaping bad MM. Sure you can get some nice big home run trades, but if the habit is not changed you are destined to go broke. It's best to take it slow and steady from the beginning and that's it. Good money management isn't appealing to people because it basically tells them they will not get rich quick. The funny thing is without good money management you...
Right on!

"always play good defense" " It's all about good risk control"
Paul Tudor Jones

For any new trader who hasn't read Market wizards... you are missing out (Its the bible/koran/vedas for traders)
  • #14,498
  • Aug 15, 2014 11:34am Aug 15, 2014 11:34am
Quoting wafiqsalameh
the problem is im not interested of reading to learn something......hahahaha ,i dont want to learn anymore hahahahaa

nothing wrong with not understanding my writing,in the usa people see it hard to understand an indian speaking english in indian accent,its all good
  • #14,499
  • Aug 15, 2014 11:35am Aug 15, 2014 11:35am
Looks like 1306 level will hold and US market will glower now today… Let's see if silver can hold this 19.63 level, it is so oversold compared to gold

Welp we might get that one last dip here on us mkt trying to go higher…….

I have added to Silver longs @ 19.63… should have probably been more patient with silver for the dip….. But have strong conviction silver's strength is coming and will be here for a while
19.60 level looks good!
  • #14,500
  • Aug 15, 2014 11:36am Aug 15, 2014 11:36am
Quoting Ck87
{quote} It's all true, 100%. I can tell you without a doubt if I had managed my money properly over the past few years I would have millions. Instead I have suffered due to bad MM. There's no escaping bad MM. Sure you can get some nice big home run trades, but if the habit is not changed you are destined to go broke. It's best to take it slow and steady from the beginning and that's it. Good money management isn't appealing to people because it basically tells them they will not get rich quick. The funny thing is without good money management you...
Just because of the high leverage Forex offers, traders begin to take it as an opportunity to get rich overnight. Once in, it becomes addiction. People reach a stage where they are willing to lose money in order to learn, fair & square, but poor maths sucks.

I have drained loads of my pocket money in learning. Initial years were a disaster. All these lessons came hard way, but, I suppose they were worth.

Just added a short

Net: 10 shorts now..

God bless all!

Wish you all a nice and green weekend.
Hello World!
65 traders viewing now