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The Rhodie replied Nov 12, 2013I don't believe it. Just spent an hour typing something sensible for you all and did something SO STUPID that I lost the lot. Ahh well, the life of a trader.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 11, 2013What US session? America is closed for business. The world decides their trades today without them... for a change we get some sense in the markets, imo.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 11, 2013Got long at 1281.95. Let's see this mother climb outta here!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 11, 2013Went short again at 1282. This might be the last chance to make money off a short today before it goes long again until close of US session.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 11, 2013Since my last assessment, the market has changed character substantially. Certain world events have changed the course of history and now there is a strong incentive for a strengthening of the USD leaving Gold looking weaker and bearish. I say we ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 6, 2013Small hint: market looks set to rise again to possibly 1350. Small hint came in at 11h40GMT... The time frame is uncertain, but probably not today in one leap. Yesterday was a confirmed bottom for the recent leg down, hitting all sorts of confluence ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 5, 2013As promised! hope it helps. image
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 5, 2013In time I shall continue the posting on that to better educate people how to manage loss better. The idea is to not claim the loss as a huge debt all at once, but over a period of time in retracement legs whcih hopefully get proportionally smaller ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 4, 2013Later on you may regret that decision as the market tends not to move much until at least the London open times of 08h28 GMT. You may have a winning trade on and not realise it yet. Imagine your 0.1 lot earning you a bonus $40 for being paatient and ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 4, 2013Faded loss management strategy: managing to recoup losses from a losing position. "Forget predicting market moves. The future is invisible to all except the creators." -- first lesson in trading As traders we have the uncanny ability to fool our ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 4, 2013Am I the only trader using the 1 minute charts to place trades at the High and Low of each day? I am really interested to know how many of you manage to get your odrers in within $0.75 of the turning points on a daily basis. Many have said this is ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 1, 2013My prognosis for Gold in the coming week: According to the moon we are going to see a rising tide of sentiment forcing Gold into a more volatile positoin with a backlash of disenchantment from USA. The Euro is selling off and I'm bored. As jupiter ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 1, 2013Unfortunately I do not have the available margin to trade on the beast as yet.
BTW: Does it have an SL after the TP is handed over to the market regulators?
I sometimes find my lunch on the floor after such a ride and would prefer ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 1, 2013
...with complimentary fear-filled underwear (non-moisture resistant type) and automatic feather ruffler included.XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie commented Nov 1, 2013Very funny. Made me laugh. Of all the stories to share in the forums this got picked, and it made me laugh. Timing is very important on the trading systems and the clocks changing all the time make it very awkward for us. Every broker should base ...
Daylight Saving Time 101
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The Rhodie replied Nov 1, 2013I posted yesterday to find out if anyone was interested in testing a new theory on a realtime analytical prediction model. It uses simple geometrical shapes that present a changing graphical output based entirely upon data from the broker. There's ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 1, 2013Sure, it's a religious thing, isn't it? We can all pray for a change in the market, but the god of markets might not be listening... if it exists at all.
Planetary Cycles Trading (EUR/USD)
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The Rhodie replied Oct 31, 2013The only Bollinger I know is a Champagne. After the day selling off so rapidly, I am amazed that I only lost $2 off my $5k balance yesterday. I guess that we shall see some movers and shakers talking up a storm today. W&C, there are a load of ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Oct 31, 2013image HERE'S THE QUESTION EVERY TRADER WANTS AN ANSWER TO. With all the available data, there is no way any one trader can decide the destiny or fate of the market. Not a single indicator can tell you which way the market WILL move up or down. We ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Oct 31, 2013Unless you have $2400 as your balance, then $1.0 poistions are acceptable. The maximum position size you should use should really only be 1% of your total available balance. Your equity should only determine your margin and using 1% of your balance ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread