Status
Not open for further replies.

findvikas

Well-Known Member
#84
Re: Gold -Short situation.

Agreed... I have my support level for today on Gold at $1095... I was expecting a small correction in Gold after it broke off the wedge but it should hold onto 1095-1093 today then I think its a Buy again... so far I am out of markets... no positions for the weekend
 

aditya14

Well-Known Member
#86
Re: Gold -Short situation.

Hy aditya

What symbol you use for your chart in gold. There are so many around the world and this could be a little bit confusing.

The next confusing thing is the time. I make some post six hours before the market in the States open.

I am at the moment in Europe and there is a time difference from six hours plus to the States and to India also six hours minus.

When I make any decisions on Comex, then it is always from the chart I use at this time in Europe.

If I make comments, I use the daily chart time frame or I use the intraday 5min or 15 min chart.

I use the symbol : GCH10 on the comex in the United States.

I do not look the whole day at this charts ( live is to short and there are other things to do ).

I make my decisions in the early morning in Europe. I then have a look sometimes during the day, what the market does. I do not care too much about this intraday noise. The strategies I have in my head are any way not made for that noise. As you read my last post, it gives you and idea, what I talk about.

I guess, you are more like a future day trader. Please correct me, as you feel I tell some thing wrong.

So we have in this thread two mental different kind of traders and that is why I like this thread so much. Different mental traders which show different views of their ideas and decisions.

Take care and I hope to see more post from you.

DanPickUp
I use gold spot to make my decisions(XAUSD) but i trade in futures in indian markets.
 

findvikas

Well-Known Member
#87
Re: Gold -Short situation.

Agreed... I have my support level for today on Gold at $1095... I was expecting a small correction in Gold after it broke off the wedge but it should hold onto 1095-1093 today then I think its a Buy again... so far I am out of markets... no positions for the weekend
Day's low @ 1099 and back again to touch 1126... volume is still low so I am expecting it to go even further up
 

DanPickUp

Well-Known Member
#89
Re: Gold -Short situation.

--------------------------------------------------------------------------------
 
Last edited:
Status
Not open for further replies.

Similar threads