Okay. Thank you for the advice. I will think carefully about it. You're right, I didn't stick to my rules. However I'm not a scalper or a day trader. I'm a short-term trader, and because of the volatility of gold I put my stop loss greater than 15 ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Alright. I've already entered a short @ 1250.86, but I'm just going to keep it open. What does HoD stand for?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Should we wait for the price to move up to 1255, or should we just enter a short now?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thank you.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Okay. Thank you.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Do you think it will still rise to around 1269?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Are you saying the trend has now become bullish, or is this just a retracement off the bearish trend?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Does this mean that we're in a bullish trend?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Please keep posting gemy, if you want start a new thread, and post the link of that thread here so that we can follow your advice.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Actually I'm trying to trade without ever losing once. I know you might think it impossible. I trade anything from a few hours to a few weeks, hence am a short-term trader. That's why I said that. Don't worry, I won't take it too seriously. I also ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thank you. I also agree with you. But I hesitate to buy in a bearish trend. Because you can't guarantee how high the price may retrace.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

What timeframe does your system use?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Okay. That's understandable. I noticed that your sentiment for Gold is bullish. In your view is this a change in the trend becoming bullish, or simply a retracement off of the bearish trend?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I agree with what you've said (in bold). Would you be able to post a screenshot for evidence of your view(s).

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Don't worry. I don't even fully understand calculus even though I passed calculus in high school. I just knew how to rearrange the formula, that's all.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

So.. If average high = ah; average low = al; t=time; v=velocity ratio. ah --- al ------- = v t could be rearranged to: ah ------- = v al x t Based on what you said in words above. So you're not correct.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thanks again, I'll check it out.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Just wondering does this indicator draw that brown box shown in your previous screenshot? .. or does it just draw those green and red lines?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thank you razaali

XAU/USD & XAG/USD - Gold & Silver Traders Thread

That box breakout looks great. What indicator are you using to draw that box? Regards, Elpidius

XAU/USD & XAG/USD - Gold & Silver Traders Thread