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Only Gold!

  • #19,741
  • Edited 2:56am Nov 28, 2014 2:12am | Edited 2:56am
Quoting dafa
{quote} Hi CT, how can I trade Indian contracts? Broker etc.? Thanks
Numerous brokers here: ShareKhan, Karvy, IndiaBulls to name a few.. I'll have to ask my broker about trading accounts for foreigners.

IF you are serious about this, pm me your details like email, phone etc.
Hello World!
  • #19,742
  • Nov 28, 2014 5:11am Nov 28, 2014 5:11am
WTf guyz scalp on xag, I have duplicate my money in less of 10 mins
  • #19,743
  • Nov 28, 2014 5:15am Nov 28, 2014 5:15am
Hi CT, theres a rather large gap on my D1 chart (looks like it got back filled somewhat) - is this correct or is it just my data? Thanks!!!
  • #19,744
  • Nov 28, 2014 6:03am Nov 28, 2014 6:03am
seems like no chance of gold going up///???market is very bearish today..... is there any chance of gold getting up??
  • #19,745
  • Nov 28, 2014 6:23am Nov 28, 2014 6:23am
Hi all,

Patience is one of the most important parts of trading. Once a decision to take on a trade has been made, with apprppriate and realistic stops and t/ps in place, then just relax and allow the market to do all the work for you. You may win, you may lose, but the important thing is to let the market make that decision for you after you have traded, because at that stage there is nothing more you can do ...the market is the controller all said and done so until our trade is proven right or wrong ie being stopped out or t/p taken we should sit back and simply wait imo.
  • #19,746
  • Nov 28, 2014 6:28am Nov 28, 2014 6:28am
Quoting Landline
Hi all, Patience is one of the most important parts of trading. Once a decision to take on a trade has been made, with apprppriate and realistic stops and t/ps in place, then just relax and allow the market to do all the work for you. You may win, you may lose, but the important thing is to let the market make that decision for you after you have traded, because at that stage there is nothing more you can do ...the market is the controller all said and done so until our trade is proven right or wrong ie being stopped out or t/p taken we should sit...
Nice message to all... realease all my anxiety..
  • #19,747
  • Nov 28, 2014 6:41am Nov 28, 2014 6:41am
Quoting griffinssoul
Hi CT, theres a rather large gap on my D1 chart (looks like it got back filled somewhat) - is this correct or is it just my data? Thanks!!!
Try refreshing your charts, no gap ups on my screen.

When you log into your system, sometimes it takes a while for the bars to fill up.
Hello World!
  • #19,748
  • Nov 28, 2014 6:43am Nov 28, 2014 6:43am
IF I were to re-write your words, I would say them like below:

No matter where the price goes, let PA move where it wants to, don't attach your feelings or emotions with the direction or movement, after all you can't control it.. however, just make sure whenever it moves you have one or more positions to close in green without risking anything :-)


Quoting Landline
Hi all, Patience is one of the most important parts of trading. Once a decision to take on a trade has been made, with apprppriate and realistic stops and t/ps in place, then just relax and allow the market to do all the work for you. You may win, you may lose, but the important thing is to let the market make that decision for you after you have traded, because at that stage there is nothing more you can do ...the market is the controller all said and done so until our trade is proven right or wrong ie being stopped out or t/p taken we should sit...
Hello World!
  • #19,749
  • Nov 28, 2014 6:44am Nov 28, 2014 6:44am
Quoting ClockTrader
{quote} hummm... Currently, this is what I'm thinking.. Sell Stops below 1180 and Buy Stops above 1195 or around that.. A long test maybe worth trying from here.. @ 1186, a little early though, so a small test only.. Like I said, next few hrs are going to be crucial, that time could possibly be used to ascertain if this wick on H1-SMA(555) is true or not. By London morning, I hope I should be 90% clear where we are heading.. Right now it appears going up.... Good Luck All! PS: Use good MM & Trade at your own risk. Trade Safe!
CT whats your thoughts are now on gold current movement???
  • #19,750
  • Nov 28, 2014 6:47am Nov 28, 2014 6:47am
Hi CT

Yeah agreed..I could have detailed more, but I just wanted to get across the importance of patience once a trading decision has been made that was all....but your point is valid of course as they usually are
  • #19,751
  • Nov 28, 2014 7:01am Nov 28, 2014 7:01am
The hourly on Gold is quite interesting. Just started above the 300 SMA with a last minute push.
"Bulls make money, bears make money, pigs get slaughtered"
  • #19,752
  • Nov 28, 2014 7:02am Nov 28, 2014 7:02am
Quoting banker19
{quote} CT whats your thoughts are now on gold current movement???
My sole strategy was centered around Golden Seasons, as we all know these are in deepest sh!t of recent times.. Then my 2nd reliance was on VVSA. Take a look at H1 and H4 chart.. No good volatility, it went on sideways for so long.. Now I'm working on something new.. Its inspired from Katy Perry :-) Check that quote on her bicep.. Sell stops & Buy stops (pending orders).

Needless to say, I'll continue to follow VVSA for cues & directions.

IF you want a stable view from me, I would like to sit on sidelines until I see clean & clear volatility on H1. Like I said earlier in the Asian session, a small long test may be worth trying using H1-SMA(555)

Quoting Landline
Hi CT Yeah agreed..I could have detailed more, but I just wanted to get across the importance of patience once a trading decision has been made that was all....but your point is valid of course as they usually are
For long I've been thinking to share that we shouldn't attach our feelings (emotions or funds) or wish price to go this way or that way based on our positions.. as it would never always follow our wishes, most likely it won't otherwise we all would be multimillionaires... won't we? So, let it flow, go with the flow.. I know its easily said than done.. but.. thats all I got to do & say. Your post just encouraged me to share this thought :-)

Quoting ClockTrader
Long Gold (Indian Contracts) Pending Short @ 1281 (Forex) This is all I could think of today.. at least one account will make money.. IF it begins to go sideways around 1280 range, I'll wait for Clean & Clear Bingo H1 on VVSA.. (CCBH1)
Short @ 1281 triggered..

PS: Further placed pending longs & shorts $6 away, like on a ladder in both directions.. All I seek now is movement in price.
PS: Would prefer longs in INdia (due to currency fluctuation in favor of Gold price), relatively more shorts in Forex when needed.
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Hello World!
  • #19,753
  • Nov 28, 2014 7:34am Nov 28, 2014 7:34am
Chance of gold going towards 1200???
  • #19,754
  • Nov 28, 2014 7:39am Nov 28, 2014 7:39am
It seems pretty quiet in here today...plenty of watching and studying going on I expect, which is probably a wise thing ahead of the Swiss thing.

Some charting assessment and activity would be good though other than just CTs
  • #19,755
  • Edited 7:50am Nov 28, 2014 7:40am | Edited 7:50am
Quoting banker19
Chance of gold going towards 1200???
If we continue like that I think so, even though it is a short trading day apologies not short trading day
"Bulls make money, bears make money, pigs get slaughtered"
  • #19,756
  • Nov 28, 2014 7:53am Nov 28, 2014 7:53am
Minor volatility, buyers might wanna safeguard their longs.

PS: This is not a clear signal to believe its coming down.
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Hello World!
  • #19,757
  • Nov 28, 2014 7:54am Nov 28, 2014 7:54am
This coincided with a key hr. I could have tried to catch this small move.. but, I was away from my system..
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Hello World!
  • #19,758
  • Nov 28, 2014 8:01am Nov 28, 2014 8:01am
does anyone have any info? What is happening?
"Bulls make money, bears make money, pigs get slaughtered"
  • #19,759
  • Nov 28, 2014 8:03am Nov 28, 2014 8:03am
increase in oil supply.
A trade should be based on an assumption based on facts
  • #19,760
  • Nov 28, 2014 8:05am Nov 28, 2014 8:05am
If it breaks 1175 we can see 1155 easily. Guess it will happen.
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