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

[doberman]

we made 500 pips today.Where had you been ?

I was playing night trader loosed again and messed out on day luck of the Irish

 

[sujithsstorock]

Risky . Buy gold at 805 $ or around. Stoploss 799.5 $ . Target 809-812-815.8-819 $. This is just a support call.Trail stop.

Still holding 863 shorts

 

[ejtrader]

we made 500 pips today.Where had you been ?

Man i sure do have some beginners luck. I didn't get to read this forum last night but i had a few short gold positions all the way from 8800 - 8610.Been watching the gold markets since last month and the way it was reacted to the news, i felt something was coming but no idea such a big drop. I'm definitely going to be more focus on your posts from now on.

btw, u think the end of the conflict in Georgia will cause gold to fall even more?

eric

 

[sujithsstorock]

Yesterday ATF (donno full name). An european agency like UN ordered russia to stop all military activity with immediate affect.And not to cross line of control with georgia.This triggered the fall.

 

[sujithsstorock]

Risky . Buy gold at 805 $ or around. Stoploss 799.5 $ . Target 809-812-815.8-819 $.

first target 809 met.Buyed at 806 $.3 $ profit . Click on that 'star ' button if u made profit

 

[sujithsstorock]

2nd tgt was met . profit 6 $

 

[sujithsstorock]

if our stoploss is not hit, we might see 830 $ today.and on break of our buy stop can show 780 $

 

[sujithsstorock]

risky traders can hold buy with 799.5 $ as stoploss

new traders can sell gold at 809 $ with stoploss 810.5 $ tgt 806-803-801 $

break below our buy stop l of 799.5 (add one more short here) and update stop to 801.8 $ tgt 796-792.5-788.5-784-882 $

 

[sujithsstorock]

risky traders can hold buy with 799.5 $ as stoploss

new traders can sell gold at 809 $ with stoploss 810.5 $ tgt 806-803-801 $

break below our buy stop l of 799.5 (add one more short here) and update stop to 801.8 $ tgt 796-792.5-788.5-784-882 $

stopped out at a loss of 1.5 $ .

 

[sujithsstorock]

market is choppy. better stay away.

 

[sujithsstorock]

Risky . Buy gold at 805 $ or around. Stoploss 799.5 $ . Target 809-812-815.8-819 $. This is just a support call.Trail stop.

Still holding 863 shorts

had 1 mini holding . all tgts covered. profit of 14 $

 

[sujithsstorock]

sell gold with strict stoploss 829 $ . current price 823 $ tgt 820-817-12.5-808-805.5-803.2-800 $

 

[sujithsstorock]

my net is damn slow n after repeated attempts only i got it updates. 1st tgt was met. but can sell on bounce back and risk to reward appetite..!

 

[sujithsstorock]

ya 823 $ was traded just now. n 820 $ met. so officiall 3 $ profit n first tgt met . patience pays guys ..!!

 

[ejtrader]

sell gold with strict stoploss 829 $ . current price 823 $ tgt 820-817-12.5-808-805.5-803.2-800 $

man your suggestions r right on. what do u use to determine your trades? Im really new and this and just kinda gunning it and seeing what works and trying to borrow other people's ideas to see how it works for me. Its too bad that my judo class is right around when the price starts to move.

 

[ejtrader]

man your suggestions r right on. what do u use to determine your trades? Im really new and this and just kinda gunning it and seeing what works and trying to borrow other people's ideas to see how it works for me. Its too bad that my judo class is right around when the price starts to move.

actually this comment was meant for the buy long suggestion u posted earlier

 

[sujithsstorock]

Idea was this. 800 $ as you are aware is a support. Break below it and next target happens to be 780 $. If 800 $ holds, upper target is 300 Day moving average at 825-827 $.

So at that juncture gold was trading at 805 $.Hoped that 800 $ will hold and aimed for 825 $.

And as you can read in my previous posts,a break of 800 $ and i gave a sell call.

Current sell call at 823 $ is similar hope that 300 day moving average will act as an resistance.

 

[sujithsstorock]

sell gold with strict stoploss 829 $ . current price 823 $ tgt 820-817-12.5-808-805.5-803.2-800 $

second target met. Cheers

 

[ejtrader]

second target met. Cheers

gratz,
btw, the numbers from your posts seem different from what i have, what month(s) r u trading? and any reason for that particular month? Im trading december cause my broker said it had decent volume so i was like ok.

 

[sujithsstorock]

I was checking kitco charts and it showed 817 $ at a moment.Thats why i updated second target.Am on move and not infront of terminal.