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

[sujithsstorock]

Me 2. Bit scary now. Suji, any advice?

safe stoploss 730, risky stoploss 742 $. 9 $ wide is stoploss. if going for safe stoploss,then better to avg aroung 748 n below(if it goes) . 746 is a very good support.

 

[megh2]

safe stoploss 730, risky stoploss 742 $. 9 $ wide is stoploss. if going for safe stoploss,then better to avg aroung 748 n below(if it goes) . 746 is a very good support.

yes we do know the risk...but when pog goes down..it scares the hell out of me...its like u blink its down by 10 $ !

 

[sujithsstorock]

can lighten ur position here ..its at break even now. for safe traders tht is. do money management

 

[megh2]

can lighten ur position here ..its at break even now. for safe traders tht is. do money management

wat abt unsafe traders like me?? hold?? i want to hold till atleast 769!

 

[rodin]

do u study silver..one of the forums in kco...cyclist says silver might have bottomed out....any thoughts suji bhai

Morning all

I study silver and in my big picture 7.90 is a stone floor so even if we have not bottomed we are close. Of course no guarantee

 

[rodin]

Gold HnS (slope up) looks like may hit 730's - watch for break - but 730 shd b safe

 

[megh2]

Morning all

I study silver and in my big picture 7.90 is a stone floor so even if we have not bottomed we are close. Of course no guarantee

thanks..

 

[sujithsstorock]

wat abt unsafe traders like me?? hold?? i want to hold till atleast 769!

u can. just be aware of stoploss. i knw someone who buyed at 845 $ ..n didnt booked loss at 818 $ ...n still holding. stoploss is end of bad ..n start of new rise.

 

[rodin]

*alert* FTSE testing 3 day iHnS pattern big move either way especially if fails

 

[sujithsstorock]

Gold HnS (slope up) looks like may hit 730's - watch for break - but 730 shd b safe

roger that.

i have noticed many hns getting failed in past few weaks. so a break above 757 would give a push up. 730 $ is a probable case. i agree

 

[rodin]

Risky sell FTSE rolling stop clsoe 3980 not exact just looks like double top and -ve div MACD

edit

25 down everyone expect 3940 to hold we will see

Might as well move stops to b/e

edit

we shd hit 3910 then test 3950 then down to 3840

can exit 3910 for 50 points then re-enter 3900 or 3950 (whichever comes first) for second target stops +12 entry

edit

trail stop 2 3930

edit

next support being tested shd bounce here if not straight to 2nd target

edit OK bounce in progress will open new post for next leg

 

[rodin]

FTSE next leg down underway only made 38% retrace just ride it with trail stop. Too fast to map 4 U

edut

too fast 4 me false break so far

edit

scalped 30 points not hanging in here but still expect 3840. Will buy below 3840 with 3825 stop

edit

3844 low so buy not met pity up 60+ now

 

[megh2]

roger that.

i have noticed many hns getting failed in past few weaks. so a break above 757 would give a push up. 730 $ is a probable case. i agree

should exit? 744now ?

 

[rodin]

Copper from 22 sep has been in a 5-wave move and we are in 4 up now. 5th wave is unpredictable - can do anything from extended fall to fail (higher low)

2 up was 3 days 4 often is bigger than 2 but sometimes matches

 

[sujithsstorock]

risky>>

keep a gold buy at 750.8 $ (now 743)
stoploss 742 $
tgt 759-764-771-777-784 $

stoploss hit. loss of 8.8 $

 

[rodin]

Just checked DAX looks bullish for a wave 5

DAX rolling top target coming up...

OK

closer exam reveals -ve RSI divergence so prolly top is in and wave 1 was small

edit

am flat

edit

SM strong again DAX may have 5th wave but still -ve RSI

 

[sujithsstorock]

should exit? 744now ?

yes. i would advice that. dont widen loss. little loss..bear it. u can easily make it back on next trade.


holding will decrease ur margin.

 

[rodin]

stoploss hit. loss of 8.8 $

HnS MM was to 740 741 met

 

[sujithsstorock]

HnS MM was to 740 741 met

should have added 755 $ as 1st tgt.

 

[rodin]

should have added 755 $ as 1st tgt.

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