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Gold Trading

ProfessorGold (ProfessorGold)
Dec 01 2016 at 07:25
48 poster
Lets play a chess with gold

tormess (tormess)
Dec 01 2016 at 11:05
52 poster
Very good, what is your next move? 😄

TiffanyK (TiffanyK)
Dec 01 2016 at 15:29
427 poster
Noor Kausar – what do you mean by playing chess? Does this have something in common with trading? 😁

Accept the loss as experience
camerongill (camerongill)
Dec 04 2016 at 08:31
110 poster
Would be interested to know of any successful gold and silver trading systems out there. I have tried finding through searching on this site however too many old systems listed.

Anyone know of good gold or silver systems?

ProfessorGold (ProfessorGold)
Dec 04 2016 at 08:43
48 poster
:) market has played its move , thinking about shorting at 1177

mlawson71
Dec 04 2016 at 11:47
1487 poster
I already have shorts. How low do you think it will fall before a more significant retracement begins?

ProfessorGold (ProfessorGold)
Dec 04 2016 at 15:22
48 poster
@precious my mind is a successfull trading system if you want to invest in :)

camerongill (camerongill)
Dec 05 2016 at 07:50
110 poster
mlawson71 posted:
I already have shorts. How low do you think it will fall before a more significant retracement begins?


I would be careful with leveraged shorts and make sure you can ride out moves like we have seen this morning (Mon 5th Dec) as a result of Italian referendum. My approach is to wait for over bought or over sold scenarios and play those, get in and out in a matter of 2-6 hours and do not sit on them overnight.

Still it is interesting, the commentators I listen to have all change from bullish views to bearish in the last month. So it looks like Harry Dent potentially made the right call!?

I just got in on a silver short trade, probably silly timing, however not going to be a long term position.

camerongill (camerongill)
Dec 05 2016 at 07:50
110 poster
ProfessorGold posted:
@precious my mind is a successfull trading system if you want to invest in :)


Good on you Professor Gold! Tell me about your gold trading approach.

I am still baffled by the fact that there are not many gold and silver systems out there.

cheers, Cameron


mlawson71
Dec 05 2016 at 12:02
1487 poster
camerongill posted:
mlawson71 posted:
I already have shorts. How low do you think it will fall before a more significant retracement begins?


I would be careful with leveraged shorts and make sure you can ride out moves like we have seen this morning (Mon 5th Dec) as a result of Italian referendum. My approach is to wait for over bought or over sold scenarios and play those, get in and out in a matter of 2-6 hours and do not sit on them overnight.

Still it is interesting, the commentators I listen to have all change from bullish views to bearish in the last month. So it looks like Harry Dent potentially made the right call!?

I just got in on a silver short trade, probably silly timing, however not going to be a long term position.


My shorts were opened pretty high, so I wasn't too worried about that. Thank you for the advice though.

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