I don't know how do you miss the most obvious resistance - 48.6$ for the uptrend and for the downtrend its todays low which can be broken if we see another rise in inventory tomorrow i think

Trading Crude Oil with price action + indicator

Maybe what you saw was an account with a high profit but a big loosing trade that is still open, in this case the overall return will not be updated until the trade is closed i think

Only Gold!

You have to admit my plan worked surprisingly well, the bounce off 47.3 wasn't big but 50-60 cents is still enough and now i closed my short at 47.0 because on the daily chart we got 4 days in a row of dicline today thereds a good chance for a close ...

Trading Crude Oil with price action + indicator

I will go long at 47.4 where with some luck i will catch a pullback and then i will short it but i will see at what price if it happenes thats the plan atleast for now

Trading Crude Oil with price action + indicator

Either seems possible, yesterday i bought some oil at 48.60 but closed the position because of the so little bounce it happened but if we continue down i will try to buy again at 47.40-50 thats my plan for now atleast

Trading Crude Oil with price action + indicator

No one is talking about buying anymore i think we are close to a turning point for the upside because everything points to the downside for gold thats the strange logic i have

Only Gold!

Actually you can say it is getting with each dollar lower more and more in a buy trend because now with the price below 50$ oil is getting cheap and the room for downtrend is getting less and less, i have a pending order to buy at 48.60 there should ...

Oil and Natural Gas

It's not very important but i am doing the calculations several times already and i can't get those 3.3 million lots to equal 33 tons. 1 lot is 100 troyounces and 1 of the last is 31.103 grams and 1 ton is 1000 kilogram s so wheres the mistake ?

Only Gold!

Some big fund probably sold whatever gold they had to cause such a huge move

Only Gold!

It will be bad idea to increase rates this year, economy doesn't seems that good

Only Gold!

But if your best friend is some high executive in Goldman sachs i think if you ask him he will reduce you the 5 possibilities from the previous post to one, just don't forget to share it after that please

XAU/USD & XAG/USD - Gold & Silver Traders Thread

And i, on my first account in 2012 i got some big luck i guess because in the period of 6 months i made 450% return from crude oil only and then for one bad deal that i opened with too large volume that i refused to close at loss i lost most of it, ...

Only Gold!

I don't know how low can gold fall but i've placed some orders to buy silver at 14.7-14.5$ which i think is a reasonable risk to take

Only Gold!

Sure it's possible, you must be doing something wrong to have so many blown accounts it such a short time. Look for the problem by starting with the very first question - Do i like to trade or i do it for the money only, if it is the second, then ...

Only Gold!

I think it's not a bad risk to try a short here but a small one

Oil and Natural Gas

600$ is too expensive i want the price at 10$ so i can buy a truck go to COMEX and load it with 10 tons of gold, so please keep shorting it

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Market might have reached a bottom of the trend or it might be releasing some load to continue down i don't know but i think a short at 53.5$ will be a good try

Oil and Natural Gas

Clock if you move the thread back in interactive trading section it will be more active

Only Gold!

I think you are right, but this won't do much if Goldman sachs, JPMorgan and the rest ass... decide to sell now, and run the price illogically with some more 50$ down wiping your account, so it is kind of luck to find the level at which they will ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I will wait for the dust to settle before i enter because it keeps falling

Only Gold!