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- 285 Results (247 Replies, 38 Comments)
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musclemike replied Oct 13, 2010Closed 1 position @1370.48, the other one is running free, hopefuly to 1400 when it will be closed.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 13, 2010Morning guys, selling 2 lots at 1365 and keeping 2 for 1380-1400 (dependig on news) where i will sell the other 2 and wait for another retracement to enter long. Always long on gold, especially this times when the trend is upwards is very risky to ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 12, 2010If i am not mistaken, starting the end of july all the rejections were no more than 10-13$ ,and now ,when we have 2 candles sitting one beside another with that rejections might mean something. I never ever sit and watch gold, i always have opened ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 12, 2010We have to wait and see how does this day ends (333min aprox), but if ends above 1345-1347 we might head north as we see big rejections of lower prices.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 12, 2010Gold is ranging for me right now, between 1340 and 1355 and has the support at 1340-1341, if gets under that support maybe we will see a dip, i am hoping for a large drop, under 1300 to enter hard again for longer time this time (5-6months).
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 11, 2010One advice to you,if i may, when you are trading, don't work with indicators, it will only mislead and misguide you, if those indicators would've done anything good, everyone of us would've been reach ppl by now. I really don't understand why do you ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 8, 2010Let me put it this way, at 5 lots (thats 1 kilo for me in real world) if gold drops 300$ dolars to 1000-1050 i still have 65% of my initial margin, so to make the long story short, if you buy gold and have enough margin it;s worth keeping the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 8, 2010No worries for me, a big margin does it all.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 8, 2010We are still in the channel, that means we're on track, anyways, now i have to set back and wait for the gold to rise again, i am very patient, i don't scalp, i only "work" on longer terms and i will re-enter with a large buy if the price will drop ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 7, 2010I added long @1347, but not much, hoping for a dip. If we keep our heads up above 1350 today and tomorrow there could be 1400.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 6, 2010Closed my positions, it's hangin' to long here at 1345-1347, don't know, anyway, now waiting for anykind of retracement.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 6, 2010Yes, but after every height comes a pullback, doesn't matter how strong it is, but it comes, and if you wait (even for a 10-15$) for that pullback the winnings are good, my case: every 10$ up means 500$ in my pocket, so yeah, worth "hunting" that ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 5, 2010I will close @1355 3 lots and let running 2, see what happens.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 3, 2010+1 This is why i never sell gold, it's easier to stay long, as long as you have enough margin to support any pullback. I have a question though: what is the difference between 1kg of physical gold and 1kilo of "paper gold", the gold is something ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 3, 2010Same strategy here: waiting for 1350 to sell than a pullback to 1260-1270 to enter long again, if it's not gonna hit 1350 and will pullback first it's fine with me,i am not gonna close my positions, i am just waiting for a bigger dip to enter long ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied Oct 2, 2010Well it went higher....still keeping my longs till 1350 no matter what, i do hope though, it will retrace to 1260-1270 to enter long again....
Grashid- Gold Analysis
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musclemike replied Jul 6, 2010On 1hr tried and failed to break 1.2605 twice, i think thats a double top failure.
EURUSD
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musclemike replied Jun 17, 2010I have bought my gold from Germany in 25 nov 2009 and the delivery was pretty quick.If you want i can send you a PM with dealer's contact details.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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musclemike replied May 11, 2010Please explain, what is " a monster crash in gold" on your opinion and why do you think gold will crash, the gold in my opinion just made new heights and will continue to, we see a consolidation at 1200 on a uptrend. I continue to say that gold will ...
Grashid- Gold Analysis