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- patguchi replied Aug 30, 2011
you posted in this forum that takes advantage of gold's bull run. do you really expect that no one will contradict you for the sake of healthy discussion when you make a claim or assertion against what most think? of course it is expected that ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 29, 2011
url "In January 1980 gold was fixed at a record 850 USD an ounce... Adjusting for inflation, meant the 1980 record high price was actually $2,079 an ounce at 2006 prices , while, according to precious metals consultancy GFMS, the real average ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 29, 2011
wait for break, test, begin break before taking a position!!! i need to burn that into my head!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 29, 2011
image bullish triangle forming at 30 min chart my client ordered me to short. he said he wants to test it out =P
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 28, 2011
"you will never go broke taking a profit
" anyways in my mt4 it shows a gap up from 1806 to 1827. the reason being that my current broker closed 1 hr before the U.S. market closed thus not registering the last hour's gains. i am assuming that this ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 28, 2011
my support is at 1810 then 1795
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 28, 2011
no gap right now hope that helps you
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 28, 2011
after having $45k worth of profit in 3 weeks that's what my client said. he lost all that in 1 day. good thing i was able to convince him to cut his losses before the market could eat up his initial equity.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 27, 2011
what other trading platforms are out there? any of the brokers offer such trading platforms besides mt4? i'm planning to be an IB of one of those brokers
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 27, 2011
it's funny that i have to practically be awake for 36 hours or more to finally get a decent entry point while our mentors can sleep soundly while they make money
time to put that on my vision board. "sleep and make lots of money like the peeps in ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 26, 2011
by the way chester i started trading last march. almost lost everything by june. started reading books and this forum. i'd say i'm doing pretty well now. but i'm no where near as good as the moderators of this forum. it doesn't have to take a long ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 26, 2011
watch bloomberg. you will hear at times george soros lose millions of dollars. other traders lose a lot too. apple, exxon, microsoft.... all these companies and people lose huge at a regular basis. but they keep on moving forward and end up winning ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 26, 2011
i read somewhere that 90-95% of new traders lose their account or at best just breakeven. at this point they ask themselves if they want to continue. do you want to continue trading or do you simply want to get your money back? this is a very ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 26, 2011
me and my client lost 45k in 1 day. but that's the profit we gained in 3 weeks. was calling him all morning when gold was dropping. he said he didnt want to cut any losses. he had 8 positions open full lots. he said he believes gold is going up. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 26, 2011
subscribed to this guy for market analysis. this is what he said Bernanke (Fed) decided to stay its course and not introduce QE3 at this time. This has caused stocks to sell off sharply and the US dollar to strengthen once this was said. Today and ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 26, 2011
money is not my main motivator at this point (i don't get paid much). what drives me is that i like trading and i really want to learn as much as i can. but i do need to get some rest. maybe next year...lol
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 26, 2011
thanks bemac for that pump and dump remark. thanks beeb for drilling the word "stops" in my head. had to force that in my client's head too today. it's been 7 weeks of this roller coaster ride and i had about 2-4 hours a day of sleep. practically ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 25, 2011
image might be a break, test, begin break. this is just at the 15min chart though. not sure yet of my price objectives and risk to reward ratio.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 25, 2011
thanks i'll will open an account with them. i even applied for introducing broker
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- patguchi replied Aug 25, 2011
by the way dont be too much in a hurry to gain back what you lost.
XAU/USD & XAG/USD - Gold & Silver Traders Thread