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I love Gold Only
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Biedrs kopš Mar 14, 2016  41 ieraksti Duncan (holdend) Nov 22 2016 at 11:19
ProfessorGold posted: exit your shorts

Not sure of there is a topic on the forum for market signals on Gold. Same as for EURUSD for example. Maybe you can check and open one so we can share there our analysis smiley


Biedrs kopš Jan 25, 2016  36 ieraksti Charles_F Nov 22 2016 at 13:59
holdend posted:
Most of my gold winners were kept open for less than 2 hours so I think intraday trading is a good style for this type of instruments. I also had a successful trade around the elections smiley

Good for you Duncan! Also good idea to open a Gold dedicated topic.


Biedrs kopš Mar 26, 2015  47 ieraksti Ben (ben08in) Nov 23 2016 at 12:28

Trade fast, learn fast, never regret!

Biedrs kopš Nov 20, 2016  13 ieraksti Lteep1 Nov 27 2016 at 13:06
I like EURUSD but Gold can be good too. It can trend really well but I find that it can suddenly change direction or break out of a range without any warning. It's not as bad as oil for doing this but it puts me off trading Gold more than I currently do


Biedrs kopš Aug 29, 2016  48 ieraksti Noor Kausar (ProfessorGold) Dec 01 2016 at 07:31
@Lteep1 (y) bought the dip at 1172 since my last sell leg to 1134 i am feeling 1170 might be enough , lets see how this leg plays for me


Biedrs kopš Aug 29, 2016  48 ieraksti Noor Kausar (ProfessorGold) Dec 01 2016 at 07:31
@all bought at 1172 lets see


Biedrs kopš Feb 12, 2016  407 ieraksti Tiffany (TiffanyK) Dec 01 2016 at 15:27
martinkolbe posted:
ProfessorGold posted:
@NEEnah play scalping in it rather then entering long term , short term is clear long term aint clear

Yes, I think this is a good advice at least during this post elections period.

So you guy think it’s good to scalp with Gold at the moment?

Accept the loss as experience

Biedrs kopš Aug 16, 2011  45 ieraksti 4HourForex (camerongill) Dec 04 2016 at 08:33

Am not sure if you would all agree, however coming from forex trading with limited success, I have found gold and silver trading to be much easier. Key differences to me were...
1) use longer time frames on charts
2) keep charts simple, and I only use 2 indicators
3) use longer term trend-lines and watch for trend line bounces and breaks

Still there is quite a lot of manipulation going on with gold and silver and you do notice the lower levels of liquidity.

Also keep in mind that gold analysts and commentators out there do not know as much as they indicate they know. There are some saying gold is heading to USD$450 an ounce and others saying USD$5000 an ounce - they are probably both correct, it is all about the timing. Would be very cautious taking any long term long or short position at the moment.

All the best!


Biedrs kopš Mar 14, 2016  35 ieraksti Martin (martinkolbe) Dec 05 2016 at 14:42
@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.


Biedrs kopš May 04, 2011  10 ieraksti Nest (cracker4x) Dec 05 2016 at 22:51
Buy Gold!!!

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