The true fact is market doesn't care, risk mgt is important.
- #32,338
- Feb 4, 2014 6:44am Feb 4, 2014 6:44am
- Joined Jun 2013 | Status: Poor Man | 1,085 Posts
The good thing with the future is that it is progressively approaching...
Gold futures & XAU 78 replies
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
Disliked{quote} Yes and also USD strength is fading. It may boost gold up.Ignored
DislikedLooking at gold, I'm sitting wondering if this was a tear-up and now the market moves up to where it was going anyway... Big Money put positions in at the close of NY @1258. Does this mean that the market is now going short? I guess I'll know in 18 hours...Ignored
The last point is very important. That is the most likely reason for markets to move: they are all based upon opinion at that moment.
DislikedLooking at gold, I'm sitting wondering if this was a tear-up and now the market moves up to where it was going anyway... Big Money put positions in at the close of NY @1258. Does this mean that the market is now going short? I guess I'll know in 18 hours...Ignored