No problem... If you are just starting out; I encourage you to read a few books on trading! so that you understands the ins and outs of TA, Risk management and especially individual (personal) psychology!

Only Gold!

I'm glad I helped... I wish I could have had somebody teach me too and that I was smart enough to actually ask for help! Unfortunately I learned these things the hard way! but the learning curve can never end in trading... Basics can only take you ...

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weekly, daily, 4 hr... One should generally start their day by looking at weekly (where it is? and where it might be headed?) Same thing with daily ( where it is? where it might be headed?) Same thing with 4 hr chart.... Now depends on what time ...

Only Gold!

Just study candlesticks thoroughly & always judge trend from a higher time frame!

Only Gold!

Ive been saying this for a few days now... Dow and s&P are demanding a correction... This just might trigger panic coupled with escalation of ukraine can really make gold jump up... therefore any sentiments for opening sells for the short to medium ...

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Yeah...Price has gone flat for the time being! Its an inside candle on the day...the price should continue up tomorrow. Although a retracement is due at some time too... so one has to be careful! On the daily chart the bullish news is that price is ...

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Possible pinbar hammer on the hrly?? I'm still actually waiting for 1295-1300 as that would be a healthy retracement which is long over due....

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Tell me about it! I think the most valuable lesson I've learned as a swing trader...is this: "When the 50 ema on the daily becomes flat <STOP TRADING> and wait until it catches a direction and tilts... Just abiding by this can make one save so much ...

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Dont sweat it man... Even the greatest in the business are finding it hard these days! url

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I think because gold has had a decent run up in 3 days from 127x level to 1315; it will probably retrace, move side ways and go higher until may 25.... which is when ukraine will have its election and us is gonna reevaluate sanctions.... Today the ...

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I could not agree any more! simple and succinct analysis! It has more reasons for the upside as oppose to downside! That being said I feel we might have an inside candle day today!

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I think this quote is what confused me... It seems that you might be anticipating a bigger upside move also... & yes please you don't have to prove your right calls... You did say all those things... I don't doubt you... I actually found it ...

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No that you have been saying...no doubt! I guess I mistook your comment today to someone else when you told them not to close long as there might be upside potential... sorry my bad! I just assumed that you had become long too...

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That is true... but you had been optimistic on the upside too if I am not mistaken...? Hedging???

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When did you decide to become a big bear? 50 points is alot...?

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PA might be on its way to retrace the fib levels... 1300 and maybe even 1295! *I think this might be a minor retracement only....look at dollar index its falling steeply!

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Exactimo! exposure and experience...! Thanks for your input!

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hmm... Truth is one can be the greatest analyst on earth and yet when it comes to trading they just can't measure up! & the answer is really simple..it is because trading has little to do with analysis and more to do with individual psychology and ...

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Haha...lol! Well you made a good point by throwing some "fundamentals" in the air. On a purely technical basis the charts do seem to be pointing up on the daily.. So I don't know what you are seeing? as far as your points are concerned... 1) aud ...

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QE should increase inflation; not decrease it! But you are right about the credit crisis that seems to be an issue (perhaps china might have a few banks go bust along with a slump in their housing market), but by no means do they need QE! They're ...

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