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

[bbillcee]

-ve divergence on pm

which means?

 

[sujithsstorock]

crude is aiming for new low..! stoploss is 97.38 $ . and safe stop is 100.5 $

 

[yvij]

Still long from 740 thursday
Should i take porift or hold out hoping for 790

Wow well done bro!:clap:

Dont loss the profits, either cash our or trail stop place at 778 and lock off profits.

How big is your position?

 

[bbillcee]

i'm short at 780 suj where is my stop?

 

[sujithsstorock]

This was the original call - stop 783.5

Loss of $2.5 X 2 trades for me.

Thank goodness for that - Sujith can't keep giving winners!
I was sweating when the bad one would come - now it's done
we can move on

the day was not good for traders at all..thts why i give calls witha stop spread not over 3 $. i dont believe is wide stops.


today sold at 782 ...covered at 767 $ profit of 15 $

sold at 781 stop hit at 783.5 loss of 2.5 $ over all 12.5 $ profit

 

[sujithsstorock]

i'm short at 780 suj where is my stop?

for every short 789.2 $ is the golden stop

 

[doberman]

£10 a pip have no tailing stop on finspreads going to half the bet and put 778 stoploss

 

[55mph]

the day was not good for traders at all..thts why i give calls witha stop spread not over 3 $. i dont believe is wide stops.


today sold at 782 ...covered at 767 $ profit of 15 $

sold at 781 stop hit at 783.5 loss of 2.5 $ over all 12.5 $ profit

don't forget the long you sold earlier.
was that yesterday?

 

[TrentT]

Still long from 740 thursday
Should i take porift or hold out hoping for 790

How very excellent!

 

[yvij]

the day was not good for traders at all


today sold at 782 ...covered at 767 $ profit of 15 $

sold at 781 stop hit at 783.5 loss of 2.5 $ over all 12.5 $ profit

Brilliant trading Suji.

I brought at 766.40 and sold at 770 as thought would not rise.

Gutted could have made huge gains.

Always next time.

 

[yvij]

£10 a pip have no tailing stop on finspreads going to half the bet and put 778 stoploss

Yes cash out and ride rest is a sound plan.

Does £10 = £100 for $1 on gold?

 

[yvij]

-ve divergence on pm

Hi D Lod,

What does this indicate?

Don't follow divergence!

Thanks

 

[55mph]

Hi D Lod,

What does this indicate?

Don't follow divergence!

Thanks

i understand it to mean that the percious metal stocks were weak while gold was strong today.

since i'm still short, i'm going to add to motivate the possibility.

 

[mad mad world]

Oil melting...gold going higher...Crazy stuff

 

[Teo9999]

ternd

Suji,
Any thoughts for trend change and MT followers. This thread should have been solely for day traders I think. As I non-day trader I find it difficult to follow BTW.
Thanks mate.

 

[cly_evo]

hopefully a wedge will form then we can all buy at 77x before going for 790

 

[thod00]

Any thoughts for trend change and MT followers. This thread should have been solely for day traders I think. As I non-day trader I find it difficult to follow BTW.

There are several styles of traders here. I consider the day traders pedestrian. I placed 42 bets today and only hold them for 5-10 mins. I just make more money as a scalper.

 

[bbillcee]

hopefully a wedge will form then we can all buy at 77x before going for 790

loos like a wedge already formed no?

 

[artful_dodger]

bad news...i have 2 shorts at 780...anyone think it is best to hold them or get rid now?

 

[OceanBleu]

There are several styles of traders here. I consider the day traders pedestrian. I placed 42 bets today and only hold them for 5-10 mins. I just make more money as a scalper.

Thod, I am curious how many $ per contract will you make on 42 bets today and do you always close your position before opening a new one. I tend to follow larger moves but curious as to potential success of quick scalps on gold given the wider spread.