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- gman29 replied Apr 15, 2013
How reliable do you find that those patterns are out of curiousity?
All Majors and Gold
- gman29 replied Apr 15, 2013
Actually that includes some from last night as well tho
All Majors and Gold
- gman29 replied Apr 15, 2013
Well as the sayings go.....don't try to catch a falling knife, and those who try to pick bottoms get stinky fingers!!! Quite a collapse in Gold. Make the green while ya can all!
All Majors and Gold
- gman29 replied Feb 20, 2013
I will say this, it seems like you have a nice read on this pair for sure!
All Majors and Gold
- gman29 replied Jan 23, 2013
Risk off possibly???? That's all I can think off, as lately it seems when bad news has come out gold has dropped.....
All Majors and Gold
- gman29 replied Jan 17, 2013
Yeah seems to be. The key is don't overleverage, especially with gold. And it is nice to post reason why you are taking a trade, either a chart or if using a trendline, fib whatever
All Majors and Gold
- gman29 replied Jan 17, 2013
welcome sfurqan. Gno is the thread starter....and has some good incite!
All Majors and Gold
- gman29 replied Jan 17, 2013
Yes just have to use a stop loss, have to wait and see when move gets exhasted some times get caught but such is the business.....i am out....made some nice pips tho.
All Majors and Gold
- gman29 replied Jan 17, 2013
Yeah going against trend for a retrace........tp at 88
All Majors and Gold
- gman29 replied Jan 17, 2013
got out but gave a good bit back! oh well that's how it goes.....flat now but looking to sell it after it settles down a wee bit
All Majors and Gold
- gman29 replied Jan 17, 2013
Yeah that is my bias as well......scalped into the trade and now waiting to see if it drops......patience I guess although with gold it moves soooooo fast sometimes ya gotta be onyour toes for the sudden move against you
All Majors and Gold
- gman29 replied Jan 17, 2013
Prob bounce for NY open then drop again. But.........lol
All Majors and Gold