Gold calls.Long term -medium term and intraday calls in gold is here !.

[wallstreet1928]

definitely my friend........

you are the T2W KING..............

 

[wallstreet1928]

definitely my friend........

you are the T2W KING..............

 

[sujithsstorock]

 

[sujithsstorock]

definitely my friend........

you are the T2W KING..............

thanks mate

 

[sid_pipeliner]

thanks mate

Voted.
Good luck.

 

[rodin]

GET READY FOR SOME ACTION

 

[wallstreet1928]

thank you sujith.........

yes at last.......

my gold trades success ratio is limited to around 58% @ present, still testing the waters and trying to understand the market.......

any tips, books, trading methods or ideas to improve my friend?

 

[luvtub]

Voted. You're the man, sujith. Good luck to you!

 

[sujithsstorock]

sell eur/usd at 12760 stoploss 12783 tgt 12738-12680...7:13gmt

 

[sujithsstorock]

thank you sujith.........

yes at last.......

my gold trades success ratio is limited to around 58% @ present, still testing the waters and trying to understand the market.......

any tips, books, trading methods or ideas to improve my friend?

1) keep stoploss for every trade
2) set ur entry so tht ur risk is small or adjustable.
3)after looking at risk.. ask urself, will i still smile if i loss tht much? >>if yes..then go on with trade. else go for mini contract and ask same question
4) dont run after prices. be stuborn for ur stoploss n entry
5) use trailing stoploss n be a miser.. make quick n run away
6)always keep same risk . say 1-2 % of account

hope this helps. i dont read any books.

 

[sujithsstorock]

Voted. You're the man, sujith. Good luck to you!

thanks dear

 

[wallstreet1928]

1) keep stoploss for every trade
2) set ur entry so tht ur risk is small or adjustable.
3)after looking at risk.. ask urself, will i still smile if i loss tht much? >>if yes..then go on with trade. else go for mini contract and ask same question
4) dont run after prices. be stuborn for ur stoploss n entry
5) use trailing stoploss n be a miser.. make quick n run away
6)always keep same risk . say 1-2 % of account

hope this helps. i dont read any books.

yes indeed Sujith, thank you for your advice but i honestly stick to the rules above religiously......i suppose success will increase through experience!!

can i ask you what charting software package you use if you don't mind and which one would you recommend that doesnt cost too much?

 

[sujithsstorock]

yes indeed Sujith, thank you for your advice but i honestly stick to the rules above religiously......i suppose success will increase through experience!!

can i ask you what charting software package you use if you don't mind and which one would you recommend that doesnt cost too much?

for gold i mostly rely on NetDania - Forex Charts

else i use igindex.co.uk charts.

 

[sujithsstorock]

selll ftse 100 daily fut at 4195 stoploss 4223 tgt 4167-4126-4053....1123 gmt

 

[wallstreet1928]

So Sujith please give me a quick run down on the payrolls data impacting gold

Bad payrolls number = dollar gets battered = Gold becomes cheaper and goes higher

good payrolls number = dollar rallys = gold becomes expensive and goes lower

is that correct?

i also need to learn forex as well as i have never traded it, I assume the only 2 currency's I have to focus on are

1. Dollar index

2. USD/EUR

is that correct?

 

[sujithsstorock]

So Sujith please give me a quick run down on the payrolls data impacting gold

Bad payrolls number = dollar gets battered = Gold becomes cheaper and goes higher

good payrolls number = dollar rallys = gold becomes expensive and goes lower

is that correct?

i also need to learn forex as well as i have never traded it, I assume the only 2 currency's I have to focus on are

1. Dollar index

2. USD/EUR

is that correct?

bad payroll numbers=bad us economy=bad usd. Then usd n gold have inverse relationship. thus usd falls n gold rises..!! and vice-versa.

for currency ... lots of combinations are available. eur/usd is the widely traded

 

[rodin]

Silver then n Now (start of this uptrend channel v now)

 

[sujithsstorock]

sell dax at 4537 stoploss 4560 tgt 4509-4461-4412.....1329 gmt

 

[rodin]

EurUSD support

 

[rodin]

Silver Chart Set for the Connoisseur