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Only Gold!

  • #18,841
  • Nov 7, 2014 7:24am Nov 7, 2014 7:24am
Quoting fxmasterdxb
{quote} Well here is the trick, if i take 1 lot with my $500 account I make sure to pick the a position that im 90% sure it would go in my direction (even if it means waiting the whole day), then i keep watching the position, once my setup is invalidated ( most likely 7-9 pips) i close the position! To be honest it isnt easy to manage such position and thats why If you notice most of my positions at the beginning are 0.5 lot or so only few are 1 lot. I hope i have been clear
That is what I did. This will work at resistant and support line level. I can gain small pips by trading around R/S line. Well done mate!
Trade at your own risk. Don't follow one's opinion.
  • #18,842
  • Nov 7, 2014 7:25am Nov 7, 2014 7:25am
Hey Gold,

IF you wanna go up, can you plz shoot 15 - 20 $s ?

and IF you keep loving South, can you plz fall like 20 - 40 $s ?

regards,

Sameer
Hello World!
  • #18,843
  • Nov 7, 2014 7:26am Nov 7, 2014 7:26am
Quoting griffinssoul
{quote} Problem is, as far as I see it, there is no causality between so-called 'Red News' and PA (for us anyway?). If there was you would just hop on the rocket without SL and take a ride... It kind of has to be this way...
Yes...thats one of the problem for us mere traders unfortunately.... particularly on NFP day. Some will win big, some will lose big.....personally there does seem to be a case for both bears and bulls at present imo, but I cant decide, so the best trade for me right now is to sit this one out
  • #18,844
  • Nov 7, 2014 7:28am Nov 7, 2014 7:28am
Quoting Landline
{quote} Yes...thats one of the problem for us mere traders unfortunately.... particularly on NFP day. Some will win big, some will lose big.....personally there does seem to be a case for both bears and bulls at present imo, but I cant decide, so the best trade for me right now is to sit this one out

...watch your Tick chart...
  • #18,845
  • Nov 7, 2014 7:36am Nov 7, 2014 7:36am
A short trade went bad, nevertheless this won't leave a bad taste IF price can indeed fly high.

I just love to see Gold climbing.
Hello World!
  • #18,846
  • Nov 7, 2014 7:42am Nov 7, 2014 7:42am
hoorraaaaaaaaaaaaaaaaaaaaaaaaayyyyyyyyyyyyyyyyyyyyy I am loving it......
  • #18,847
  • Nov 7, 2014 7:50am Nov 7, 2014 7:50am
Quoting Rashidtrade
hoorraaaaaaaaaaaaaaaaaaaaaaaaayyyyyyyyyyyyyyyyyyyyy I am loving it......
LOL!
  • #18,848
  • Nov 7, 2014 7:51am Nov 7, 2014 7:51am
Quoting ClockTrader
Hey Gold, IF you wanna go up, can you plz shoot 15 - 20 $s ? and IF you keep loving South, can you plz fall like 20 - 40 $s ? regards, Sameer
It shot 1157 and now back to 1147. This is funny! Now let wait and see what happen after "Fed Chair Yellen Speaks". The two news that just came out kill a lot of bear and bull that put tight stop lose. I managed to make some pips from these news again.
Trade at your own risk. Don't follow one's opinion.
  • #18,849
  • Nov 7, 2014 7:51am Nov 7, 2014 7:51am
Quoting griffinssoul
{quote} LOL!
Quoting Rashidtrade
hoorraaaaaaaaaaaaaaaaaaaaaaaaayyyyyyyyyyyyyyyyyyyyy I am loving it......
:-)
Hello World!
  • #18,850
  • Nov 7, 2014 7:56am Nov 7, 2014 7:56am
Quoting Samsamall
{quote} It shot 1157 and now back to 1147. This is funny! Now let wait and see what happen after "Fed Chair Yellen Speaks". The two news that just came out kill a lot of bear and bull that put tight stop lose. I managed to make some pips from these news again.
This is how High Voltage PA works.
Hello World!
  • #18,851
  • Nov 7, 2014 8:01am Nov 7, 2014 8:01am
my broker just can't cope with high voltage
  • #18,852
  • Nov 7, 2014 8:15am Nov 7, 2014 8:15am
Hope Yellen does weak weaken the USD!
  • #18,853
  • Nov 7, 2014 8:41am Nov 7, 2014 8:41am
Left my long-term Buy trade open. My short-term Buy trade had reached its TP. Time to turn off my workstation and go to sleep.

Good night from GMT+7, Folks.

Cheers.
  • #18,854
  • Nov 7, 2014 9:27am Nov 7, 2014 9:27am
Quoting reil88
{quote} well done bro.i hope one day i can achieve that too.please teach me
Well it isn't hard to be honest, it mainly needs patience, focus, avoiding "revenge trading" & most of all money management
  • #18,855
  • Nov 7, 2014 9:38am Nov 7, 2014 9:38am
Quoting fxmasterdxb
{quote} Well it isn't hard to be honest, it mainly needs patience, focus, avoiding "revenge trading" & most of all money management
Hope fellas here can learn from you. Nice to have you here mate..
Hello World!
  • #18,856
  • Nov 7, 2014 9:45am Nov 7, 2014 9:45am
Quoting Samsamall
{quote} That is what I did. This will work at resistant and support line level. I can gain small pips by trading around R/S line. Well done mate!
precisely! at support and resistance it is very easy to determine when your setup is invalidated and often the SL is quite small.

Wish you all the best and happy weekend ahead
  • #18,857
  • Nov 7, 2014 9:51am Nov 7, 2014 9:51am
Quoting ClockTrader
{quote} Hope fellas here can learn from you. Nice to have you here mate..
You are the master CT and we all learn from you

Hope everyone had a successful day and wish you all a happy weekend ahead
  • #18,858
  • Nov 7, 2014 9:51am Nov 7, 2014 9:51am
Looks good, feels good, gives a feeling of the season, rising out of deep sh!t though, yet, gold-bugs can enjoy this little moment.

Wish you all a happy, clean & green Weekend!
Hello World!
  • #18,859
  • Nov 7, 2014 10:03am Nov 7, 2014 10:03am
Dear CT, what does high churn mean? (in your better volume indicator) the green one
  • #18,860
  • Nov 7, 2014 10:03am Nov 7, 2014 10:03am
Ahh!! Got stuck in a meeting and got caught out badly. Had to take drastic action, which led to closing out all my trades. I know I'm going to regret it, but I'd built so heavily, I had to ensure I bagged some of it. Trades until worth anything until they're closed. Will start building again next week. Have a good weekend all.
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