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Only Gold!

  • #20,041
  • Dec 1, 2014 12:06pm Dec 1, 2014 12:06pm
Quoting abokwaik
I wonder where Gold would have reached if swiss voted Yes. I was burnt out down and then up. To trade gold one should do it on a fat account. I need a looooong break before trading again. Good trading every one. Abokwaik signing out.
Hey Dude, don't give up yet. Really I dunno how you lost almost 90% in a day but I can sure guess that you are not using SL and if you are then they must be too far for reality. Always trade to trade another day. I am sure you know what you did wrong on this one so get back to demo, kick some butt and when you got evidence then get on back on live.
Less is more...
  • #20,042
  • Dec 1, 2014 12:09pm Dec 1, 2014 12:09pm
Quoting banker19
any solid resistance for gold to retrace????/
ya mate 1207 but its already overridden. right now it should do some little pushups but not to give new high.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #20,043
  • Dec 1, 2014 12:17pm Dec 1, 2014 12:17pm
Quoting Karpa
small long on silver at 14.5 no TP, SL at BE will add more on the way up
I'm sorry I was absent from here all day with everyone partying
I guess it's time to start closing longs and I'll be first closing the latest added leaving some room for a downside, if it comes.
I don't think the moment to sell is the right one, yet. Maybe around 17.18...
Cheers
  • #20,044
  • Dec 1, 2014 12:17pm Dec 1, 2014 12:17pm
Quoting Kah
Amazing day it was - see you guys after a month or so Cheers, KAH

Silver had the biggest one day gain ever. Time to short.
"The market can remain irrational longer than you can remain solvent"
  • #20,045
  • Dec 1, 2014 12:18pm Dec 1, 2014 12:18pm
Quoting sgkrishn
{quote} ya mate 1207 but its already overridden. right now it should do some little pushups but not to give new high.
Story in short: I was Long gold all November anticipating a solid break above 1200. Gained around 25% in the month. Then came the f...ing swiss vote. Before getting a margin call on my longs I heged most of them, and played my exits well. But who in the world was expecting gold to go from 1142 to 1218 in a single day!!!
PS:sorry response was ment for ajantala.
No guts, no glory
  • #20,046
  • Dec 1, 2014 12:19pm Dec 1, 2014 12:19pm
Can any one explain to me , as we despite being in the downtrend, y gold is going up like no roof top???any reason
  • #20,047
  • Dec 1, 2014 12:21pm Dec 1, 2014 12:21pm
Quoting ajantala
{quote} Hey Dude, don't give up yet. Really I dunno how you lost almost 90% in a day but I can sure guess that you are not using SL and if you are then they must be too far for reality. Always trade to trade another day. I am sure you know what you did wrong on this one so get back to demo, kick some butt and when you got evidence then get on back on live.
Story in short: I was Long gold all November anticipating a solid break above 1200. Gained around 25% in the month. Then came the f...ing swiss vote. Before getting a margin call on my longs I heged most of them, and played my exits well. But who in the world was expecting gold to go from 1142 to 1218 in a single day!!!
No guts, no glory
  • #20,048
  • Dec 1, 2014 12:25pm Dec 1, 2014 12:25pm
1118.50 sell limit hit
Bulls calm down now, its bears turn
  • #20,049
  • Dec 1, 2014 12:26pm Dec 1, 2014 12:26pm
1252 is near possible. 1230 min.
http://s24.postimg.org/3ni46q4r9/XAU.png
If Being a Good Man is a "Fool", So I'll Be Happy to be a "Fool"
  • #20,050
  • Dec 1, 2014 12:26pm Dec 1, 2014 12:26pm
Quoting Panco
{quote} $60 is a result of short covering and safe-haven. About JPY reacting to downgrade, before I'll answer, for how long have you been trading forex?
Though i sense a "tone" in your message but no worries, i will answer your question to see where are you heading to!

I'm trading since 3.5 years and been profitable and managed to cover all my losses less than 6 months back, i consider myself to be consistent profitable trader by now
  • #20,051
  • Dec 1, 2014 12:26pm Dec 1, 2014 12:26pm
Quoting abokwaik
{quote} Story in short: I was Long gold all November anticipating a solid break above 1200. Gained around 25% in the month. Then came the f...ing swiss vote. Before getting a margin call on my longs I heged most of them, and played my exits well. But who in the world was expecting gold to go from 1142 to 1218 in a single day!!!
Yes Man, I understood you well,
your analysis was true,
before free fall of yellow metal, It should hit such a area in north,
but on friday and with a joke as name as Swiss Vote, they played with traders and ...
this funny game will be finished around 1222 and we will see the yellow metal in the Hell!
  • #20,052
  • Dec 1, 2014 12:30pm Dec 1, 2014 12:30pm
Quoting Arshamv
{quote} Yes Man, I understood you well, your analysis was true, before free fall of yellow metal, It should hit such a area in north, but on friday and with a joke as name as Swiss Vote, they played with traders and ... this funny game will be finished around 1222 and we will see the yellow metal in the Hell!
IF someone remembers here.. I had warned people here to not create hype & hoopla out of Swiss news.. Advised people to focus on their strategy and MM..
Hello World!
  • #20,053
  • Dec 1, 2014 12:32pm Dec 1, 2014 12:32pm
1219$

This is just insane, I didnt get any profit, nor any loss. the heat is to hot for me
  • #20,054
  • Dec 1, 2014 12:34pm Dec 1, 2014 12:34pm
Quoting Arshamv
{quote} Yes Man, I understood you well, your analysis was true, before free fall of yellow metal, It should hit such a area in north, but on friday and with a joke as name as Swiss Vote, they played with traders and ... this funny game will be finished around 1222 and we will see the yellow metal in the Hell!
Why do you think this will end at 1222?
  • #20,055
  • Dec 1, 2014 12:35pm Dec 1, 2014 12:35pm
Quoting ClockTrader
{quote} IF someone remembers here.. I had warned people here to not create hype & hoopla out of Swiss news.. Advised people to focus on their strategy and MM..
Lesson learned CT. All part of the learning process. Initial deposit was around $1300 is considered as cost of learning.
No guts, no glory
  • #20,056
  • Dec 1, 2014 12:36pm Dec 1, 2014 12:36pm
Quoting ClockTrader
{quote} IF someone remembers here.. I had warned people here to not create hype & hoopla out of Swiss news.. Advised people to focus on their strategy and MM..
Cant agree any more, some people insist on involving "news" in any move.

Anyway, i see Gold at the peak of the day, though i wouldn't suggest shorting at the moment as gold is on steroids!
  • #20,057
  • Dec 1, 2014 12:36pm Dec 1, 2014 12:36pm
I posted this on my blog last week, it looks like after today it is pretty much confirmed that we have a trend change underway for Gold!

http://razorsforex.blogspot.com/2014...nd-change.html
  • #20,058
  • Dec 1, 2014 12:37pm Dec 1, 2014 12:37pm
I think I better let this go..

Just let go..

We can't control this..

My strategy is set well.. & I'm glad I played it right today.. not sure whats gonna happen tomorrow.. but I'm content.

need to feel content.... no matter how much you make, you'd always wanna make more.. Greed sucks..

I'll call it a day now....

A Good Day!
Hello World!
  • #20,059
  • Dec 1, 2014 12:41pm Dec 1, 2014 12:41pm
Quoting ClockTrader
{quote} IF someone remembers here.. I had warned people here to not create hype & hoopla out of Swiss news.. Advised people to focus on their strategy and MM..
Dear CT,
I lost $$$$ from a potential profit in last 3-4 days,cause I did not trade and I was watching
the market movements did not match with my veiw and analysis
you are right , a trader should not depend to public emotions and some kidding posts in moves!
this morning I saw posts about targeting 800 area, and now some posts about targeting 12xx ...
safe trade
  • #20,060
  • Dec 1, 2014 12:42pm Dec 1, 2014 12:42pm
Quoting ClockTrader
{quote} IF someone remembers here.. I had warned people here to not create hype & hoopla out of Swiss news.. Advised people to focus on their strategy and MM..
nice words CT, but for me, any news and issues like swiss is important too. Iam just remember how crazy move EURCHF back then in 2011. It's moved by the news/issue of swiss about it. Now the issue of swiss is about gold, so we should think and maybe take the issue into the strategy too for "what if blablabla and else". Take care guys, see ya
If Being a Good Man is a "Fool", So I'll Be Happy to be a "Fool"
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