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

Calls/Signals provided by "sujithsstorock" have earned me profit ?

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sujithsstorock

Well-known member
Jun 21, 2008
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www.activeintl.com
Hi Sujith I registered here today after following you over here from Kitco. I must say I like what I see and want to keep up on your thread. So if you do move please let me know when and where. Thanks just to let you know I have account at bullionVault where I trade gold in and out of the Zurich vault about 2.5 Kg at a time. I also trade at GFS forex where I can hedge my gold at Zurich if I am unsure about trend. And use there live charts.
am not moving anywhere for now. If and when i am, i will inform u too :) . Thanks and welcome to the rocking thread.
 
Aug 26, 2008
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Hi sujit, I see that you give specific targets, would like to understand how you place your trailing stops? Your calls have been terrific, it would been wasted if the trend changes and the profits gone. Do you place tight trailing stops? like $3 trailing stop for every target hit?

thanks for this great advice!
 
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Mr.J-Arthur

Active member
Jun 22, 2008
455
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28
Minnesota
I went short at 833
stoploss @ 836.50 (might move stop to b/e point)
Target profit @ 811.50

Will London and New York sell and dump?
 
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sujithsstorock

Well-known member
Jun 21, 2008
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www.activeintl.com
Hi sujit, I see that you give specific targets, would like to understand how you place your trailing stops? Your calls have been terrific, it would been wasted if the trend changes and the profits gone. Do you place tight trailing stops? like $3 trailing stop for every target hit?

thanks for this great advice!
for each targets , exit one lot each. For that you must enter with 5-6 lots (inorder to earn max.). At every target , exit one and trail remaining to previous targets.

On the other hand , you can check for supports and resistances from 2 hour charts and place trailing stops just below or above it. Sometimes its 3$ or 5 $.

Actually , it all varies from session to session.For choppy market/huge volume , keep wide trailing stops.For calm and quite markets/low volume , keep stops as near as possible.
 

sujithsstorock

Well-known member
Jun 21, 2008
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42
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www.activeintl.com
I went short at 833
stoploss @ 836.50 (might move stop to b/e point)
Target profit @ 811.50

Will London and New York sell and dump?
am not sure , which contract you are talking about. I saw a high at 829(spot bid).

Dump . . . Not sure of there plan at the moment.Today being crude inventory , am cautious. You will find many confusing scenarios today.

If gold has to dump in the newyork , then london should take it a bit down first and raise before closing out.

If gold is to shoot , it should go up right now , then come down by london closing , but should sustain above 830 $ so that newyork may take them on.

Waiting . . . .
 

sujithsstorock

Well-known member
Jun 21, 2008
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www.activeintl.com
Greetings from France!

I would like to know which broker you use for trading spot? I currently have bullion in Oz but would like to move to spot trading. Oz hours do not really match up with NY! :S

Forex trading and Currency trading by Saxo Bank looks interesting.

Regards

Richard
i have account with a local brokerage firm.

Saxo is a reputed brokerage firm internationally. But personally i won't be suggesting any , due to lack of knowledge :)