Gold calls.Long term -medium term and intraday calls in gold is here !.

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Old Jun 24, 2008, 7:15am   #9
 
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I always put in a limit of 200 ticks for gold (and a stop of 80) - it moves that much several times a month. I try and catch them all but obviously I don't always succeed! I get a lot of 30 - 50 pip losses but overall make a profit.

I trade the cross on the 10 and 18 MA on the 30 minute chart - it crossed two and a half hours before the big fall. Of course, it was somewhat lucky that it collapsed 270 pips in one hour...
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Old Jun 24, 2008, 7:59am   #10
 
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sujithsstorock started this thread Gold sell call all targets achieved last night.
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Old Jun 24, 2008, 8:03am   #11
 
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sujithsstorock started this thread Sell gold at 885 $. Stoploss 890.7 $. Targets 882-879-877.2-874 $.Exit all shorts at 874.Or trail stoploss to confirm profit.
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Old Jun 24, 2008, 9:16am   #12
 
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sujithsstorock started this thread Stoploss hit.Loss of 5.7 $.
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Old Jun 24, 2008, 11:10am   #13
 
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sujithsstorock started this thread Sell gold at 890 $. Stoploss 896.5 $.Target 883 -875 $
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Old Jun 24, 2008, 11:18am   #14
 
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Quote:
Originally Posted by £10kLoser View Post
I always put in a limit of 200 ticks for gold (and a stop of 80) - it moves that much several times a month. I try and catch them all but obviously I don't always succeed! I get a lot of 30 - 50 pip losses but overall make a profit.

I trade the cross on the 10 and 18 MA on the 30 minute chart - it crossed two and a half hours before the big fall. Of course, it was somewhat lucky that it collapsed 270 pips in one hour...
Cool nice and simple too, I recently moved from an FX broker to Ig Index and feel like a kid in a sweet shop. I'm liking the looks of Oil and Gold at the mo
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Old Jun 25, 2008, 10:45am   #15
 
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sujithsstorock started this thread Gold first target 883 was achieved. Exit all shorts. Stay flat.
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Old Jun 25, 2008, 6:03pm   #16
 
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sujithsstorock started this thread Gold buy around 876 $. Stoploss 871 $ target 881-883-886-888-890-892-896-900.
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