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

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

  • YES

    Votes: 51 36.4%
  • NO

    Votes: 89 63.6%

  • Total voters
    140
  • Poll closed .
This reminds me of August I think it was last year. Massive sell off because he isn't talking the language the market wants.

Silver sold off nearly 10% at one point, crazy stuff.

well i have been badly burnt. and now i will have to go with my tail between my legs and try something else lol. thank **** my family has money! i really wouldn't want to spread bet or trade for a living. good luck people :cool:
 
Weekly candle finished strongly, indicating rejection of lower prices
Fridays daily could provide a trigger.

My stop has to be below last daily daily Swing Low @ 1660
initial target of recent daily resistance at 1790.
Looking to place an order long tomorrow morning @ 1690 thus risking -30 pips for potential +100 pips reward (R=3)

Silver looks similarly bullish
 

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Looking to place an order long tomorrow morning @ 1690 thus risking -30 pips for potential +100 pips reward (R=3)
Stop hit for -30

Weekly chart is still very bullish and identifies a couple of areas to watch for support (thick pink line on weekly & daily and two yellow rectangles on daily)
 

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Stop hit for -30
Price has retraced to the bottom of the weekly ascending channel and the daily candle is of a 'hammer' type shape indicating rejection of lower prices at a previous support level (Jan 13th) which is also neatly at confluence with the 50 - 61.8% fib. retracement of the last daily up swing (Dec - Feb)

I have placed an order long at 1640 with a stop at 1625 (15 pip risk) ultimate target is 2000, initial target recent daily highs at 1675 (35 pip reward) R = 2.3 making the trade acceptable to me

If my order is opened (its not the classic 'play' of a hammer candle, which would be to go long on the break above the high at 1660, but an expectation of a retrace of around 50% of the daily candle first) I will move my stop up to breakeven if price reaches R= 1 at 1655
 

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sujithsstorock

Hope you dont mind me asking a few questions as a newbie, Thanks.

#May i ask why you think gold is going down to that level? is that just a short term intra day view or continuing decline?

#Do you believe all the reports from the 'biggies' saying this is going to 2000 by year end?

# if you shorted at 1630 and then it moved in your favour say at 1625(in profit) would you ever recommend to a newbie to move STOP to either entry point 1630 or 1627 just incase it starts a strong climb.

Cheers
 
sujithsstorock

Hope you dont mind me asking a few questions as a newbie, Thanks.

#May i ask why you think gold is going down to that level? is that just a short term intra day view or continuing decline?

#Do you believe all the reports from the 'biggies' saying this is going to 2000 by year end?

# if you shorted at 1630 and then it moved in your favour say at 1625(in profit) would you ever recommend to a newbie to move STOP to either entry point 1630 or 1627 just incase it starts a strong climb.

Cheers

hello mate...
this was a intrADAY breakout sell tip. and it met sl. although we were 5 $ in profit, i dont believe in trailing sl. i kept my sl n tgt set and left for other cimmited works. returned n saw it has met sl. as simple as that :) better luck next time n we will cover it up :) . a warrior is born
 
sujithsstorock

Cheers mate..

on a side note would £100 p.p be sensible to SB gold with an account circa £10-15k (Gold deposit factor 14/30)
 
sujithsstorock

Cheers mate..

on a side note would £100 p.p be sensible to SB gold with an account circa £10-15k (Gold deposit factor 14/30)

hmm, to be frank, am good at setting sl n tgts mate. money management and risk to reward management is entirely your choice.
 
Potential long trade signal (daily)

Despite the daily trend arguably being down at the moment (based on the daily 20ema and 50sma order and direction) price has been trading in a fairly distinctive range most of this month

Yesterdays daily candle was 'hammer' shaped which may be indicating a rejection of lower prices at this point in time and be a 'trigger' trade entry, to test the high of the recent range and / or the descending moving averages 'dynamic' resistance

Silver is a similar potential trade set up
 

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A)copper stay on buy side. every dip is a buy opportunity . ..
B) silver moving towrds 32 $ mark. 31.1$ is a big trend setting support. ..
C)for gold,as long as 1650 $ support stays, look for tgt 1690 $. every dip is a buy ,until 1650 $ is stoploss. ...
D)crude oild is trading in range of 103.5$ -105$ .
dont short until it breaks below 103.25$ .
 
don't u think when it reaches 1690 it will go further >1710 ?

very nice... 10 $ drop in a few seconds

I'm long from 1647,60

apparently there was nothing significant on that 1650 level

keep your sl tight mate
 
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IMO breaking 1700 is more likely than seeing again 1652 or sth like that

this is just what I feel

hope we get there
 
1651

I wasn't totally right

Probably the other scenario of going down may become real.

But this would be confirmed when we are below 1644, me thinks.

OR SOMETHING IN THAT CLIMATE
 
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gold sell at 1654 sl 1661 tgt 1641-1620 (do stoploss trailinga ccording to your own due diligence)
silver sell on rise at 30.60$ with strict sl 30.95$ tgt 30 $ .
crude buy 105.3 $ sl 104.2 $ tgt 106.1 $

signature "trade at your own risk. profit n loss is entirely yours. trades are probability,not certanity"
 
gold sell at 1654 sl 1661 tgt 1641-1620 (do stoploss trailinga ccording to your own due diligence)
silver sell on rise at 30.60$ with strict sl 30.95$ tgt 30 $ .
crude buy 105.3 $ sl 104.2 $ tgt 106.1 $

signature "trade at your own risk. profit n loss is entirely yours. trades are probability,not certanity"

gold met tgt, silver did well as well, crude ate sl
 
buy gold at 1638 sl 1633 tgt 1644-1652
buy cride at 97.26 sl 96.20 tgt 98.20
then sell crude at 98.20 sl 99 tgt 96.75 $
silver buy at 30.10 sl 29.90 tgt 30.40 (small trade)
buy copper cme at 3.682 sl 3.670 tgt 3.700 (comex)
sell aud/usd on rise at 1.0175 sl 1.0225 tgt 1.1025
eur/usd buy at 1.3000 tgt 1.3080 sl 1.2960
eur/jpy buy at 103.70 sl 103.40 tgt 104.30
 
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