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Only Gold!

  • #26,641
  • Dec 3, 2015 2:14am Dec 3, 2015 2:14am
Quoting ClockTrader
{quote} Not yet.. NOT YET :-) {image}
Lol, you are just a little player. Why don't you reveal your lot's size??? Look at me below. poor man.

Attached Image (click to enlarge)
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  • #26,642
  • Dec 3, 2015 2:33am Dec 3, 2015 2:33am
Quoting bagXpert
{quote} Lol, you are just a little player. Why don't you reveal your lot's size??? Look at me below. poor man. {image}
I am actually a very poor man from India.. so?

Why are you wasting my precious time? Let's assume you are richer than me, that makes you busy? Isn't it? So why waste your precious time too?

Why don't you focus on your trades?

Focus on your business.. I'd appreciate that..
Hello World!
  • #26,643
  • Dec 3, 2015 2:53am Dec 3, 2015 2:53am
Quoting ClockTrader
{quote} I am actually a very poor man from India.. so? Why are you wasting my precious time? Let's assume you are richer than me, that makes you busy? Isn't it? So why waste your precious time too? Why don't you focus on your trades? Focus on your business.. I'd appreciate that..
Be a man. Post your lots. Be a man. Just one time. Maybe next time you will avoid to post bad comments as previously.
  • #26,644
  • Dec 3, 2015 6:52am Dec 3, 2015 6:52am
Quoting bagXpert
{quote} Be a man. Post your lots. Be a man. Just one time. Maybe next time you will avoid to post bad comments as previously.
These are micro lots, IF you had been around, you would know this.

My View: Longs

Net Position: 1 Long
Hello World!
  • #26,645
  • Dec 3, 2015 7:11am Dec 3, 2015 7:11am
Quoting bagXpert
{quote} Lol, you are just a little player. Why don't you reveal your lot's size??? Look at me below. poor man. {image}
How long have you been in trading? Am I missing something in your positions? I can't see the header..

Do you use SL?
Hello World!
  • #26,646
  • Edited 7:42am Dec 4, 2015 7:16am | Edited 7:42am
nevermind bad idea!
  • #26,647
  • Dec 4, 2015 8:01am Dec 4, 2015 8:01am
There were good news for USD as NFP. Why is gold still rising?
  • #26,648
  • Dec 4, 2015 8:21am Dec 4, 2015 8:21am
Quoting AronT
There were good news for USD as NFP. Why is gold still rising?
Gold was oversold...plus the larger traders are likely taking stops and/or short covering ahead of Fed hike...but fasten your seatbelt cause the ride ain't over. I missed the oil trade...but now adding EUR/USD shorts as I expect a retrace after price touches 1.10. As for gold, it could go up to 1080 region before reversing.
"The market can remain irrational longer than you can remain solvent"
  • #26,649
  • Dec 4, 2015 8:29am Dec 4, 2015 8:29am
The contrarian point of view as to why gold is going up instead of down, is that the larger traders have priced in the expected interest rate hike. I don't necessarily agree with that and think gold will be make new lows in the next 3 months...but that is what I am hearing from some other traders.
"The market can remain irrational longer than you can remain solvent"
  • #26,650
  • Dec 4, 2015 8:30am Dec 4, 2015 8:30am
My short is still alive, I think I should close it manually..
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Hello World!
  • #26,651
  • Dec 4, 2015 8:34am Dec 4, 2015 8:34am
Closed the short.. Applied tight +ve SL on longs..

I haven't committed a mistake in past 10 days, traded every single wave on H1, let's see how far this goes..
Attached Image (click to enlarge)
Click to Enlarge Name: pos.PNG Size: 8 KB
Hello World!
  • #26,652
  • Dec 4, 2015 8:46am Dec 4, 2015 8:46am
Quoting ClockTrader
Closed the short.. Applied tight +ve SL on longs.. I haven't committed a mistake in past 10 days, traded every single wave on H1, let's see how far this goes.. {image}
Closed the short not too late.. made myself some extras.. feeling good.
Hello World!
  • #26,653
  • Dec 4, 2015 9:24am Dec 4, 2015 9:24am
Winter Bulls gone bonkers, I'll head to bed.. time to relax..

Wish you all a Great weekend ahead!

PS: IF anyone can, find me a worthy fella who can test and use my skills. Testing is for Free!!
Hello World!
  • #26,654
  • Dec 4, 2015 9:59am Dec 4, 2015 9:59am
Quoting ClockTrader
Winter Bulls gone bonkers, I'll head to bed.. time to relax.. Wish you all a Great weekend ahead! PS: IF anyone can, find me a worthy fella who can test and use my skills. Testing is for Free!!
Winter bulls, indeed...or maybe buy on rumor, sell on news (Fed hike) for the USD!
"The market can remain irrational longer than you can remain solvent"
  • #26,655
  • Dec 4, 2015 10:10am Dec 4, 2015 10:10am
Quoting anton.olff
{quote} Winter bulls, indeed...or maybe buy on rumor, sell on news (Fed hike) for the USD!
If you look at 8 hrs, You will see morning star. Big move.
  • #26,656
  • Dec 5, 2015 1:15am Dec 5, 2015 1:15am
Equities dropped, Bond Yields were rising, ECB cuts depo rates, and USD was weakening. In other words, money leaving both Equities and Fixed Income and being put into Cash, some of that Cash makes its way into defensive Gold. It was a perfect storm for a gold rebound.
  • #26,657
  • Dec 5, 2015 11:55am Dec 5, 2015 11:55am
Quoting PariCovek
Equities dropped, Bond Yields were rising, ECB cuts depo rates, and USD was weakening. In other words, money leaving both Equities and Fixed Income and being put into Cash, some of that Cash makes its way into defensive Gold. It was a perfect storm for a gold rebound.
And I also think it has to do with inflation and growth. Inflation means one can purchase less good with the same amount of money. It's the opposite of deflation. Growth means there is more demand for goods. Taking amount of goods to be constant, the intersection of demand and supply curves will yield higher price.
  • #26,658
  • Dec 5, 2015 7:31pm Dec 5, 2015 7:31pm
Quoting frx_trader
{quote} And I also think it has to do with inflation and growth. Inflation means one can purchase less good with the same amount of money. It's the opposite of deflation. Growth means there is more demand for goods. Taking amount of goods to be constant, the intersection of demand and supply curves will yield higher price.
Theoretically, yes inflation can cause demand in Gold, but currently we don't have strong enough inflation in the developed economies, that's why we are seeing so many Central Banks loosening their monetary policies. But, yes, I agree with your point that inflation can cause demand in gold. My statement earlier was in response to a direct observation of the market movements at the time.
  • #26,659
  • Dec 7, 2015 12:46am Dec 7, 2015 12:46am

  1. 13 days in a row.
  2. Did not miss a single wave, neither long nor short.
  3. Did not commit a single mistake.
  4. Traded every single wave in almost perfect manner.

and guess what, learnt something new too :-)

Attached Image (click to enlarge)
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Hello World!
  • #26,660
  • Dec 7, 2015 1:13am Dec 7, 2015 1:13am
Quoting ClockTrader
13 days in a row. Did not miss a single wave, neither long nor short. Did not commit a single mistake. Traded every single wave in almost perfect manner. and guess what, learnt something new too :-) {image}
I notice your image, and find many things disturbing.

1. 13 days in a row???? If you win 13 days in a row, there is no need to post anymore. What? Just to show off? That's the dumbest thing I have ever heard: Winning just for showing off.

2. There is no TP only SL? What kind of trader are you?

3. The image is not full. Even if it's full, still doubtful.

These 3 disturbing things are enough to make me doubtful of your trades. Even if they are real, why should anybody care? Or you maybe using Gold as a hedge against other trades. Well, never mind, whatever you trade, they are yours.
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