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I love Gold Only

camerongill (camerongill)
Dec 06 2016 at 08:30
110 posts
martinkolbe posted:
@camerongill Maybe that's why it could be better to scalp it, if we cannot be sure in long-term where the gold will go? When it comes to the timeframes, I think they should match the personality rather than the instrument, except of course of some quite illiquid markets.


Thanks Martin, I agree.

The other aspect is the crowd mentality and how the majority get it wrong, and less than 20% of traders make money (with a very small percent making good money). One would think that if the majority would determine the trend of the market, however just goes to show that manipulation by central banks and large commercials have a big influence on direction.

I agree that you just have to trade your own system based on your personality - which in turn reflects your level of risk, lot sizes, trading during volatility, timing of trades etc..

I am lucky being in Australia as I am asleep when US session is on, this is where it appears the potential trade setups for the following day are formed.

cheers, Cameron
 

ProfessorGold (ProfessorGold)
Dec 06 2016 at 08:44
48 posts
waiting for buy around 1500 this year

mlawson71
Dec 06 2016 at 11:18
1487 posts
1500 is very far away from now, do you mean you'll open a long-term position?

ProfessorGold (ProfessorGold)
Dec 06 2016 at 13:38
48 posts
ProfessorGold (ProfessorGold)
Dec 07 2016 at 07:12
48 posts
did any one bought ?? :)

camerongill (camerongill)
Dec 07 2016 at 07:53
110 posts
ProfessorGold posted:
@ben08in @camerongill @Charles_F @CliveCampbell @cracker4x @Lteep1 @martinkolbe @NEEnah @mlawson71 @shirley_F @TiffanyK buy 1170 in next 4 hours all in s.l 1167 tp 1179/1185/1190


Thanks ProfessorGold, I only see short term sideways movements in my charts, will watch to see how it plays out. Was going to short silver in the last 8 hours for a quick 15c return, however was too tired to watch it.
cheers, Cameron

camerongill (camerongill)
Dec 07 2016 at 07:53
110 posts
ProfessorGold posted:
waiting for buy around 1500 this year


Mate, don't you mean you are waiting to buy in at 1100 this year?
cheers, Cameron

camerongill (camerongill)
Dec 07 2016 at 11:27
110 posts
ProfessorGold posted:
did any one bought ?? :)


Nope, I just sold gold for a few pips and got out.

FiaJ
Jan 04 2017 at 08:31
16 posts
mlawson71 posted:
I like trading Gold too, but some variety apart from Gold is also good.


Please include me in, Gold has a lot of uses. What I love about its uses was it has been part of my trading life. This link:https://www.funds-money.com/gold-valuable-metal/ has a good write-up about the true value of Gold. Impressive!

mattx
Jan 04 2017 at 20:11
26 posts
Does anyone here do well with gold these days?

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