Why re you not doing your own analysis? If your confident in your own you wont have to listen to anybody else.

Only Gold!

I know exactly what you mean in this sentence my friend. And you are correct by puppeteers unable to hide preparations, the charts are set up for rallys and breakdowns across the board.

Only Gold!

I completely agree with the bold but strategies take time to hone. Things work and things dont.

Only Gold!

Giev or take a pip or two id say you where on the money but the failure to go lower at 1315 worries me and isnt worth the risk from here as would be a 1:1 trade at best

Only Gold!

I like you, you have ambition. Ambition + Losses = Lessons Lessons + Ambition = Success Just add time .... And we have all had losses and lessons!

Only Gold!

Averageing down on my position was a good move i guess. I could only see the £11.80 as a good price rather than expensive, stacking my extra margin as longs on the way back up covered the quarter position loss i took on the £12.07 entry. I was ...

Release the hounds

best advice ive read all day

Only Gold!

Gold pulling back off this 61.8 extension completing the crown formation target, would look to take shorts from 1322.00 for a retrace. Any thoughts? image

Only Gold!

Target Achieved image

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

OK so this morning I am a happy man. Following yesterdays choppy price action, we have now reversed at the 86% retracement level (D1). I initially placed my LONG entry @ 12.07 on friday which was a sloppy entry. Price fell yesterday to £11.75. SO I ...

Release the hounds

Ok, so Im very fairly confused about this morning. All the signs where there, but i suppose the market spooked me today, keeping my head up Looks like price is headed to take the stops below the last two weeks worth of price action. Ive averaged ...

Release the hounds

Much Appreciated, I have agreed with much of your analysis too. I hope your holding EJ Short ... I will get to that a bit later Learning to hold them through the consolidation comes with time, i see you have mastered it mate

Release the hounds

Ok no problem. Its simple economics that many traders including myself overlook when starting out. They think its red, im selling, or its green im buying. The Big players, ie people who have lots of money to buy lots of contracts (hence moving the ...

Release the hounds

I am currently Long from £12.07 targeting £14.00 so my entry I believe to be sufficient on the Long Term for money management purposes. Also, please look at my chart below, this is the area where price is trying to push off that upwards line on the ...

Release the hounds

Anybody on the XAG/XAU Thread will already know my view on Silver but for the sake of my Journal and people asking my long term view and to see my chart then I shall post it here. SILVER/GBP I am firm Long term Bull on this pair for the next 3 ...

Release the hounds

Fundamental News for me is a sticky subject that I choose not to get very much involved in. For a number of reasons.... 1 . I have not one idea what they hell they mean. 2 . I believe that news is already priced in before a news release. I believe, ...

Release the hounds

The potential BUY @ 1277 was a good call too on your chart at the time of posting.

Only Gold!

Gold now pushing for 1.618 extension target of 1325 @ H1/H4 Fibonacci swing. Didnt quite reach an entry at 1290, but the 38.2 retracement shows the strength of the BULLs at the moment. image Silver following suit also. However after price has now ...

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