It's not totally clear to me what you are saying. If I understand correctly, you knew that your open positions were losing and that if they lost more, you would get a margin call. Knowing that you barely had enough in your account to cover the ...

Only Gold!

There are threads concentrating on Gold. They are in the commodities and Stocks forum. But I don't think that any concentrate on position trading. I will look forward to reading your views. I will contribute if/when I can, but as mostly I don't ...

Only Gold!

If only it was as easy as " buy low and sell high " often quoted by range traders Same as sometimes you will see "Buy high, sell higher" quoted by break-out traders. There is no point in adding a chart because these movements are easy to see with ...

"buy low and sell high"

I have been trying to learn about options, but beyond the basics it gets a bit confusing when talking about greeks and deltas etc. Internet is rather slow at the mo, so I haven't checked out the video in post #5. I have now downloaded a demo ...

Any Option Traders?

FXPro has Corn, wheat and Soybean futures and their demo has no time limit. If you have MT4 account already you may find that your platform has them as they don't always show up in the market watch window. Sometimes you have to right click on the MW ...

Grain Futures Platform?

The reason that it continues could be because it is in a trend. Certainly, there will be retracements and you never know whether the retracement will turn out to be a new trend. And yes, these retracements will often happen after price goes in one ...

Adding On to Winning Positions

Do you still have any clients? Have you suffered more technical issues?

Forex Trader

Seeing quite strong rejection at last week's high Market is definitely more ranging than trending May get a signal to short, but with NFP coming up, I'm unlikely to take a trade this time

Trading Gold with PA

Which pairs?? Which time frame ??

Current market situation

If you suggested to a hedge fund manager that it is a good idea to take opposite trades in the same market, you would have to wait for him to get up off of the floor and stop laughing before he could reply to you. A hedge fund manager may, for ...

Is there any hedging strategy that works in the long run?

If SL4 had retraced to below SL2, the 3 positions that would be open would be stopped at SL3, so 1 win, a small loss and a loss. This type of trading with adding positions will only work when the market is making nice HH and HL (if bullish trend), a ...

Adding On to Winning Positions

Totally wrong. Mr Kho understands more about hedging than you do. Hedging multi pairs in the same market is either unbalanced and so will always break down to a net position either long or short on one or maybe more pairs. balanced and so it is ...

Is there any hedging strategy that works in the long run?

I believe that traders who enter on breaks of swing high/lows will often add to their positions. A solid trending market will give opportunities that will allow you to move your SL at each additional entry so that you are not adding additional risk ...

Adding On to Winning Positions

Price goes down whether you buy or sell?? Do you mean that whenever you open a position, you are initially making a loss? Whenever you open a position, it will always start negative, because of the spread. Normal spread is 5 pips, so price must move ...

Trading Gold with PA

There can be a number of factors that affect price that we, as small retail traders are unaware of The ADP NF employment change, being lower than forecast, would be expected to negatively affect the USD. Usually if the $ drops, then gold rises. But ...

Trading Gold with PA

Gold can be a monster on the lower TF. If you are prepared to trade the lower TF then you have to accept that losses will happen. Just accept the losses and take the wins, when they come which are usually bigger that the losses.

Trading Gold with PA

I see price rejected at the recent low and yes, I am jumping the gun here, so prepared to bail out early image

Trading Gold with PA

Hi RJ, nice to know that you are following this thread I have to admit that I was a bit vague with the rules and you are absolutely right. Dadas is using indicators on his chart I don't have a problem with such things as daily ranges because they ...

Trading Gold with PA

And there we go. Another reason not to jump the gun image Time to re-evaluate and see what PA offers.

Trading Gold with PA

I can appreciate the reasoning to an extent for going short. After all price was near the top of a range and a short targetting the low of the range can give a decent R:R. I would appreciate if you could add your interpretation of PA to explain why ...

Trading Gold with PA