No positions open, going away for the weekend so won't be entering the market today. Take care guys and see you next week Mitch

Only Gold!

Eyes on how this day closes. Both metals closing at this level should see more downside. This move was due as I mentioned monday.. the bears want to revisit previous breakout points and SR . Note this pa is actually healthy for the bull supporters, ...

Only Gold!

I wasn't having a stab at you/your trading strategy as if managed correctly can be very effective. If you are building an investment portfolio for the long term I can see the merit in it, but an intraday trader should not be hedging in my honest ...

Only Gold!

Gold/Silver are acting how they have acted for years around Options/Futures Expiration day.. by being beaten down. It isnt a surprise it happened again.. Tuesday is expiry day, I wouldn't expect any miraculous rallies till they are done, however I ...

Only Gold!

I've never been a fan of hedging.. I believe you're either IN or your OUT.. build into your positions with multiple smaller lots to form your target position.. and close them as you see fit. I found this WAY easier to manage than hedging. Example; ...

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still holding my shorts. the waiting game pays off. expecting the week to close down once more. looking for buying opportunities as we creep lower.. eyes on previous breakout levels in the high 1200's.

Only Gold!

I know this is 'only gold', but people should really be looking at the pair of metals, they are surprisingly similar (silver is golds younger, more volatile brother) . Those 2 charts I posted are 1 of silver and another of gold. As you can see, both ...

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Gold daily - the range I'm following. Interpolate as you wish, I think we're going to visit the bottom of the channel.

Only Gold!

PA for gold and silver im following. Using fibonachi as 1306 gold and 20.9 were rejected (it seems).. we should head lower to the next fibo retracement level. Currently short after the rejection, not a long term trade by any means, only a 24-48hr ...

Only Gold!

Well for some reason my explorer has had a bit of a funky miscalculation with my profit %.. but on april 22nd I deposited $4,000AUD into my live account and closed out at $142,000~AUD profit last week.. less than 3 months.. I think the calc has ...

$961 - $19,714 one month

Still sitting on the sideline, I would like to see gold at 1260 or even lower before I would long. Silver I am looking for 20.20 or even 19.8 But for now, no positions.. I would rather live to trade another day than have a punt now and lose money. ...

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Nope, only ever really floated around here..

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I'll continue to post the trend channels I follow if people are interested, along with snaps of my indicators. They are nothing special though.. I AM NOT A SCALPER, THESE INDICATORS WILL NOT HELP YOU SCALP ON ANYTHING LESS THAN 1HR MACD(12,26,9) - I ...

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I admire you sharing your trades with the group. Especially after a bad day. You got this

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hey! yeah missed the run up last week, wasn't expecting that. . nor wad I 3 forcing yesterday's move to be so big. I guess the market will always to the unexpected. In saying that I mentioned yesterday sellers would be eager to step 8 as we have 6 ...

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shorts closed after todays big move, I will sit back and watch the events unfold as I am not confident to be long or short right now. Patience is key, if you are not sure, do not commit. Mitch

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this is the range ive been watching. either a wedge forming or we will revisit purple line if the bottom does not hold. 1D chart

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Lack of either will be your undoing in trading

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I bet it was prototip! damn him and his abilities to know what the market is doing!

Only Gold!

debt talks and bearish outlooks have impacted gold today by the looks of it, and a very overbought scenario has encouraged even more selling and covering of longs as we break through supports.

Only Gold!