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    • Polaris4dy replied Apr 17, 2014

      haha thanks for the concern mate, it was a mistake, but not a foolish one as I based my trading on logical decision and pattern with TP and SL as well as low leverage

      Only Gold!
    • Polaris4dy replied Apr 17, 2014

      technically both H4 and Daily timeframe shows bearish pennant..target around 1270...maybe quite probably not today...but daily volume seems to be dying... you can put a sell stop below this price, when it falls, I have a feeling it's gonna fall with ...

      Only Gold!
    • Polaris4dy replied Apr 17, 2014

      Thanks Nitsan! good plan, as always I realize the charting software that you use is quite different...the location of SMA 200 and SMA300 is totally different, maybe because of different opening time of brokers..

      About the course
    • Polaris4dy replied Apr 17, 2014

      Nice!! thanks for the informative chart...I presume the blue line is USD/JPY? If that's the case, the correlation is really strong between xau/usd and usd/jpy...wondering whether one could actually exploit the time lag between this correlation and ...

      Only Gold!
    • Polaris4dy replied Apr 17, 2014

      just seeking a quick opinion, in the case that you said, if I am to short usd/jpy and short XAU/usd, would that be sort of equivalent to hedging? normally how strong is the correlation? Cheers

      Only Gold!
    • Polaris4dy replied Apr 16, 2014

      Good for you mate! I set an exact sell limit at 1307, my broker's chart went up to 1307.03 but my limit didn't get filled...so I'm holding a relatively small short from earlier position... what you said is very true, as the ukraine situation eases, ...

      Only Gold!