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

[wibblewibblewibble]

Its the 61% retracement from the high and low, plus it bounced off it twice about 2-3 hours ago (before the 1st spike up). I didn't say it was a strong level, but its heading back to it now. A pint to anyone who wants a small wager says it bounces off it this time....

 

[sujithsstorock]

Book partial profits.Trail stoploss. Lets crude inventory come

 

[Wideboy]

Out +$5

Sitting on the sidelines now to see what happens at 818

 

[wibblewibblewibble]

I'm out at 115 too. Everyone happy with the size of these swings?!

 

[sujithsstorock]

Buy on dip. Better wait for one more hour.

 

[doberman]

by the way who do you guys trade with? I use Finspreads..

I use finspreads ,
I dont think these guys spreads bet
have ask them but they never answer

 

[wibblewibblewibble]

Sorry, doberman. I don't spreadbet, the spreads are too wide. I trade futures contracts directly through my employer. Doesn't work for everyone because of size and cost for the small trader, but much easier to trade relatively small movements.

 

[Wideboy]

I use finspreads ,
I dont think these guys spreads bet
have ask them but they never answer

Sorry guys, I spreadbet with IG

 

[Wideboy]

Buy on dip. Better wait for one more hour.

Why?? I assume its the volatility at the moment? What is causing this?

 

[wibblewibblewibble]

thats a LOT of oil no-one noticed in their bunker!!!!

 

[doberman]

Sorry, doberman. I don't spreadbet, the spreads are too wide. I trade futures contracts directly through my employer. Doesn't work for everyone because of size and cost for the small trader, but much easier to trade relatively small movements.

I in the uk and spreadbetting is tax free so dont mind the spreads as much
think thats how they get away with it

 

[pikemaster]

The yanks are in the dark ages re spreadbetting thats for sure..

 

[unniak]

790 Possible ?

 

[Wideboy]

790 Possible ?

Welcome unniak. You gonna introduce yourself?

Anything is possible 795 for sure maybe not 790 though.

 

[rjh2000]

Hi All,

brand new to Trading, first post! Just opened this thread today and tried my luck In at 811 and out at 815. Not a bad start. Thanks for the information.

BTW I Spreadbet using CMC

 

[Wideboy]

Welcome rjh

We starting to get a nice little community going here

Feel free to join in, and lets all try and help each other.

 

[unniak]

i did that already, way back when joined itself. to somewhere but iam not finding it where now.

 

[Wideboy]

i did that already, way back when joined itself. to somewhere but iam not finding it where now.

Ok cool, so how long you been trading Gold?

 

[sujithsstorock]

Welcome unni, rjh and all others .

Enjoy trading.

 

[unniak]

Ok cool, so how long you been trading Gold?

May be 4 years by now. Iam sorry, i didn't fil the profile. wll do right now.