Daily Trading Strategies on Gold/Forex

[Gold Trader]

i still hold my view to short on the following:

short
====
gold
gbp/usd
eur/usd
time: 00:35 BST


long
===
chf

good luck

gold trader

 

[Gold Trader]

my view on currencies are no longer valid.

but i still hold my opinion on gold to short.

gold trader

 

[Gold Trader]

gold is showing weakness in early warning.

normally, early warning gives indication of current trend reversal.

but price has to confirm.

gold trader

 

[Saantha]

For intraday gold trading today I would say :

Go short at 8am ; cover and go long at 12am ; sell long positions at 4pm.

GMT time.

 

[winlots]

Why short, long, short? a new strategy?

 

[Gold Trader]

i believe he is going to take advantage on time-based up and down swings.

yes, the current swings are really attractive with massive points. trend trading will not work well in current market condition.

gold trader

 

[winlots]

What is the best gold trade now?

I shorted at 650......targeting 636 again

 

[Gold Trader]

well. price did not confirm to the downside.

gold has been in range trading for days. hope there will be a decisive trend tomorrow.

gold trader

 

[Gold Trader]

i hope gold would be up today.

long: 649.5
stop: 644

good luck

gold trader

 

[Gold Trader]

bad call!!

i was in the wrong side of the market all day.

i will still take long@637, sl: 632 for technical reasons.

gold trader