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

[TrentT]

Dear all, I am just wondering if there are any charges involved when you guys trade. The profit margin seem so low, it is hardly enough to pay for the brokerage, tax and all the weird charges... anyway, I think I have learnt a great deal about technical analysis from everyone here! Thanks!!

Yes, we don't make a lot, but we scrape by!

Oh dear, best laugh all day. I think you misunderstand. You must be looking at:
Profit $3 .. $12. That is simply how much gold has moved. It depends how much you
trade on each $1 movement. Many here trade $100 - per $1 move.

So when they say profit of $3, it is really $300. $12 = $1200

And welcome to the thread!

 

[yvij]

Anyone looking to go long gold 802? stop 799?

 

[sujithsstorock]

Anyone looking to go long gold 802? stop 799?

make it 798 $. Can go for it

 

[duuuking]

Yes, we don't make a lot, but we scrape by!

Oh dear, best laugh all day. I think you misunderstand. You must be looking at:
Profit $3 .. $12. That is simply how much gold has moved. It depends how much you
trade on each $1 movement. Many here trade $100 - per $1 move.

So when they say profit of $3, it is really $300. $12 = $1200

And welcome to the thread!

haha, I actually know that as I have been buying stocks as well, but I am just curious about the tax rate/brokerage in other countries. In hk, it's about 0.36%, so a $3 move when the price is at $800 does not generate any profit since I have to pay the tax and charges every time I buy or sell.

 

[unniak]

make it 798 $. Can go for it

Is it a call ?

 

[unniak]

Datas and Crude

Crude inventory day and some us datas also.

Forex Calendar @ Forex Factory

 

[sujithsstorock]

Is it a call ?

no. Its not a call. Just an advice on stoploss.

 

[mikeSG]

hi. Sujith. I am short at 795. Suggestions please?

 

[mikeSG]

kitco seems to be waiting a dump.

 

[sujithsstorock]

hi. Sujith. I am short at 795. Suggestions please?

keep strict stoploss at 807.2 $. If 796.5 $ broken , you can come into profit.

 

[fireking]

sujith you have any new call?

 

[sujithsstorock]

sujith you have any new call?

no call at the moment. Market is not doing anything.

 

[TrentT]

no call at the moment. Market is not doing anything.

Mornin' - It's doing something now. Looks like strong recovery to start the day.

 

[mikeSG]

sujith - you said a strict stop loss at 807.20?

or hedge?

 

[sujithsstorock]

sujith - you said a strict stop loss at 807.20?

or hedge?

hedge is not suggested as am not sure it will rally above that price or not.So stoploss is better. You can start all over again.Next chance will come.

 

[sujithsstorock]

Mornin' - It's doing something now. Looks like strong recovery to start the day.

market is responding to our long position thats running . We are holding a buy from 792 $. Remember ?

 

[TrentT]

market is responding to our long position thats running . We are holding a buy from 792 $. Remember ?

How could I forget? - $14 profit if you took the call -

Gold going down currently. Sell on rise? Or wait for your instructions?

 

[sujithsstorock]

How could I forget? - $14 profit if you took the call -

Gold going down currently. Sell on rise? Or wait for your instructions?

lets wait and see if 812 $ gets broken or not.

 

[mikeSG]

The jump was so fast that I only managed to close at 812. That's a lot of loss. Sujith- your forecast?

 

[sujithsstorock]

The jump was so fast that I only managed to close at 812. That's a lot of loss. Sujith- your forecast?

i knew if 807 gets broken 811 might be showed. Thats why asked to keep stoploss. You gave away extra 5 $ to the market.

Wait patiently.