Only Gold! | Page 1172 | 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!

  • #23,421
  • Feb 22, 2015 9:03pm Feb 22, 2015 9:03pm
putin needs to send a few more fighters and gold will be blue all the way to sky. I am long sl1196
  • #23,422
  • Feb 22, 2015 9:07pm Feb 22, 2015 9:07pm
Quoting ClockTrader
{quote} Half of the time I trade, there are no meaningful volumes at all. I depend on key hrs like 12pm NY etc 50% of volume bars are fake when PA is aggressive. IF volume bars or any indi.. was even half right, everyone could become a millionaire with a win rate of 50%, assuming risk reward ratio @ 1:2 Like I said yesterday, I can't share every single bit of my analysis in a public forum for obvious reasons. Kinspk agree with me. Let me know what you think? PS: Trend lines are misleading too.
Agreed. But will be happy to be associated with you if there is definite strategy based on volume. I have some volume based analysis and checking it out in demo a/c as how it works. Fairly simple. ShalL send you a PM.
Intraday only.
  • #23,423
  • Feb 22, 2015 9:13pm Feb 22, 2015 9:13pm
VOLUME WORKS !
Trading 24/h
  • #23,424
  • Feb 22, 2015 9:44pm Feb 22, 2015 9:44pm
Quoting navk
{quote} Agreed. But will be happy to be associated with you if there is definite strategy based on volume. I have some volume based analysis and checking it out in demo a/c as how it works. Fairly simple. ShalL send you a PM.
will read & reply now..
Hello World!
  • #23,425
  • Feb 22, 2015 9:45pm Feb 22, 2015 9:45pm
Quoting FxAndres
VOLUME WORKS !
I agree.. half of the times, yes!
Hello World!
  • #23,426
  • Feb 22, 2015 10:27pm Feb 22, 2015 10:27pm
https://charts.mql5.com/7/80/xauusd-...kforex-com.png


Ichi on M5 looks good for long - first resistance at 1205.40 (on break of 1203.65)
  • #23,427
  • Feb 22, 2015 10:34pm Feb 22, 2015 10:34pm
Quoting ClockTrader
{quote} I agree.. half of the times, yes!
Why not full time?
Trading 24/h
  • #23,428
  • Feb 22, 2015 10:36pm Feb 22, 2015 10:36pm
Quoting FxAndres
{quote} Why not full time?
We all know how good usually indicators are.. IF you think they are always correct, prove it..
Hello World!
  • #23,429
  • Feb 22, 2015 10:37pm Feb 22, 2015 10:37pm
Quoting goldngreen
{image} Ichi on M5 looks good for long - first resistance at 1205.40 (on break of 1203.65)
What kind of spread are you getting from thinkforex OZ? Are they good? support, fast withdrawals etc?
Hello World!
  • #23,430
  • Feb 22, 2015 10:42pm Feb 22, 2015 10:42pm
Quoting ClockTrader
{quote} We all know how good usually indicators are.. IF you think they are always correct, prove it..
Because volume is not indicator
Trading 24/h
  • #23,431
  • Feb 22, 2015 10:43pm Feb 22, 2015 10:43pm
Spreads and support are good but the -ve swaps are terrible. If you don't hold overnight especially Thursdays, it should be good.
  • #23,432
  • Feb 22, 2015 11:00pm Feb 22, 2015 11:00pm
Seem danger for all short position, locked all(hedge)
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #23,433
  • Feb 22, 2015 11:10pm Feb 22, 2015 11:10pm
If really break up 1216, exit short position when retrace and hold long, else, exit long position and hold short.
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #23,434
  • Feb 22, 2015 11:13pm Feb 22, 2015 11:13pm
Quoting FxAndres
{quote} Because volume is not indicator
Whatever works for you.. wish you good luck mate!
Hello World!
  • #23,435
  • Feb 22, 2015 11:26pm Feb 22, 2015 11:26pm
[quote=goldngreen; Ichi on M5 looks good for long - first resistance at 1205.40 (on break of 1203.65)[/quote]

BTW: My target is 1212 (weekly pivot) unless ichi reverses
  • #23,436
  • Feb 22, 2015 11:40pm Feb 22, 2015 11:40pm
so test & break 1200 effectively or break & stay 1197 for next probable supports 1185/75/67\50 , upsides play can be 1210, 15 , 22 & 36 last to corrective leg up towards 1251 limit if .Immediate levels watch if break are 1209 & 15+. take care
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GOLDH1.png Size: 38 KB
Click to Enlarge Name: GOLDWeekly.png Size: 39 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #23,437
  • Feb 23, 2015 12:38am Feb 23, 2015 12:38am
Quoting hongment
This is my today plan..... will see if this play out right... {image}
Good Chart, may stop on 1205 or 1208(better rest.) and down.
  • #23,438
  • Feb 23, 2015 12:42am Feb 23, 2015 12:42am
Quoting hongment
{quote} I have not yet enter the trade, because at the current price. it's not good enough to enter scalp long. i will enter when the price at 1200.33 tp 1208.88 that will be the end of the scalp long. I will continue enter short at the same price of TP. Because I see today as a bear day since last week candle close as a strong bear move.
Good Thinking, do not enter buy, stick to sell 1208, next time it goes to 1200 it will break down.
  • #23,439
  • Feb 23, 2015 12:48am Feb 23, 2015 12:48am
Quoting Xxavier
Liked the clear plan based on your current analysis.... According to your chart when do you plan to enter? after you see the bounce up or are you already in the scalp long? Anyways your chart clearly give us your plan of action for the day. There are idiots here continuing to post colorful charts with the conclusion "either it can go up or down" so that they can take the credit when it goes either way... Hope it goes by your plan.. Good luck.. Its too early for me to enter any trades... {quote}
I agree on many points, but no need to repeat that id..t word.

Will add that many here other than not having clear entries before the move time but after, trade only micro or mini lots that's easy trading, no real risk, if I would do that type of very very safe trading that implies too very low profits, I can keep positions for 1000 Gold move SL.
  • #23,440
  • Feb 23, 2015 12:54am Feb 23, 2015 12:54am
Quoting navk
{quote} Mind your words. Gone mad or what ? you seem to be an Idiot, have never seen an analysis of yours here. Have you ever heard / learn t trading is probability theory ?
This is right, but the dude meant if someone want to contribute in forums to help others and themselves too, share clear entries and exits.

The probability is right just like in options, casino, lottery......which take you all to my main point that it's all gambling if you like to admit it or not.

The difference is only the probability %, lottery the lowest, then the others......

Trading the market if Forex, futures, stocks, indices etc is gambling and is the worst of it all despite the fundamental and technical part of it , since after many years it becomes like counting numbers of gains and losses not real money which is a very dangerous habit.
10 traders viewing now