Yeah I’m gunna keep an eye on it , it’s pretty late over her so I have moved my stop abit lower , around 1368 I’m
Gunna get some sleep and Cheak on it in the morning it’s quarter to midnight here so. Have good night will get back to you in the morning let me know how the oil trade gose as well
I’m still trading with currency pair. Still prepare myself for it because it’s enough risky for traders, especially for beginner.
Entry order went good closed trade with about 80 pips ,
:35: WD just imo ,check the daily trend ,check the resistance level,move your stop into profit ,and let your winners run, moving your stop to protect your profit , dont “DONATE” any more than you have to back , but you still need wide enough stops to allow trade to breathe IMO only… everyone trades differently cheersQ
Yeah usually have a similar take on my trades i move y stop to profit and just ride the trend , they key things in trading is entry’s and exits , I probably going to watch gold it seems like a correction is due , I have to Cheak forexfactory for next week to see if any news is comming out that may effect Gld
Babypips is not allowing me to send you a private message will you be able to msg me or did you have a email or somthing ?
We got a little pit of a pull back to 1379 before that we got a new high of1392
i hop good will be up in today. because crisis in ukaraina. investor will keep gold , becuase it is safe
Right now it’s looking like gold could reach 1356 area , & there is a lot if us economic data comming out tommrow and for the rest of the week I soo see gold possibly reaching 1400 this week
I still have short term target for 1356-1346 area it looks like a strong bear trend as well as in silver
Im short silver , small position ,totally undicsiplined but manageable , no swap
have done quite a few contra deals along the way , this 1 has been running since oct13
Short gold on daily chart , short when I noticed blue in red candle on daily , its something ive worked out using heiken Ashi candles overlayed on ordinary candles blue in red for shorts (wirh trend or above ) and red in green for longs at bottoms of trends
ps …im concerned this is against the trend so ive already taken profit on some deals
[QUOTE=“Qed;613153”]Short gold on daily chart , short when I noticed blue in red candle on daily , its something ive worked out using heiken Ashi candles overlayed on ordinary candles blue in red for shorts (wirh trend or above ) and red in green for longs at bottoms of trends <img src=“301 Moved Permanently”/>[/QUOTE]
Ahh see you you are using Heiken Ashi chart I find that’s the best charts to use , all the charts give a lot of fake signals , but yeah I have a target it of 1350-1348 iv already closed positions , and I’m. Just goin to watch a see where price sets
DId any body catch the news apperntly JP Morgan sold all physical commodities witch could explains the drop in gold
dont trade news , was already short , and short some more ,closed cpla winners
[QUOTE=“Qed;613470”]dont trade news , was already short , and short some more ,closed cpla winners[/QUOTE] this type of news effects the market JPMorgan sells physical commodities unit to Mercuria for $3.5 billion | Reuters I recommend cheaking this article out , becuase somthing like this happens it dose have a impact on markets , you should never trade the news but you should be aware of what’s going on everything effects the effect market even bad weather for crying out loud lol
Fx market**
great article, thanks!
hi i m from india. i m newbie here. My experience in trading is more than a year., but without any technical knowledge. Is there any view for next week in gold.? According to my view gold will b neutral between 1320-1350$. Close above 1350$ leads to 1390-1400$ again. And close below 1318$ will take price to 1280$. And also 1305$ is a major support on technical as well as psycological. So suggest me any best idea of where to enter wether it is long or short. Thank you.