That's what i was thinking. Anyway i hedged half of my shorts at 1313.50 and i will close it at 1320 or if we gain 2-3$ more from current i will just put a positive SL and wait to see how far it will go

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My attention is more towards precious metals recently, so i am trading crude on rare cations and no i don't have anything special for trading it, i am playing Blomberg tv most of the time for fundamental news, read some analysis form time to time, i ...

Trading Crude Oil with price action + indicator

You are exaggerating i don't see nothing dangerous to post a picture of a house, but i was thinking it would be quite a show if the other guy post a picture of his house with a symbol on top of it image anyway i am joking Clock your house looks ...

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Clock are you still awake, i was wondering how likely is todays event to start the rise in gold for the summer, since indexes, bonds... were at record highs and many investors were waiting for a drop, which might mean moving money from there to gold ...

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This might've been a well planed mission by Washington to give USA reason in putting more sanctions to Russia and taking Ukrainian conflict to higher level

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You are welcome and i am sorry i didn't said that earlier, i don't want someone to take the wrong side because of my chart...

Trading Crude Oil with price action + indicator

That spike up of 90 cents today was due to fundamental reasons and my view of retracement around 101.84 became invalid

Trading Crude Oil with price action + indicator

image The 50% fibonacci is there and we've seen some tops and bottoms there before, so i think it will be a good point for a small sell

Trading Crude Oil with price action + indicator

After todays inventory report market doesn't seems convinced which way to go at all, i took a small long today from 100.85 but closed it now because market is overbought on 1h timeframe and will need to correct to go up or continue it's way down. I ...

Trading Crude Oil with price action + indicator

I switched to short this morning even though i was waiting for 22$ silver to do that the sharp decline made me change my mind beside its been quite a run without correction

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Silver is diverging from gold quite a bit expect if gold retraces to 1333 which is quite possible for the next 2-3 hours silver to amplify it's decline other than that the trend is still bullish and i don't think the market is that much overbought ...

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It can go well over that and even 1370 is possible to be touched, but will it, is a different story, anyway for me gold is bullish so further rise is very much expected maybe with a small correction which will be a good buying opportunity

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It might be good question but in the wrong place

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Surprise surprise US data didn't move the price at all i guess people are too scared to sell which is not very good

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If you are not already in position i suggest to wait for Unemployment Claims before trading gold

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That's so pitiful, against the logic of all those Indian guys, i guess India has a point to ban forex trading In order to buy, someone needs to be selling and if there is not enough people willing to sell, big players can not buy big on a better ...

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I hate myself yesterday i closed one of my positions on silver but my other one from 20.82 is still open and will hold it until target is reached more than 50% profit over my account already just from that position. Around unemployment claims i feel ...

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It's been closed for 20 days already

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come on not another move in this range break that resistance already....

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Exactly and the only thing that concerns me a little is that so many people are convinced that it will go up (joking)

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