Gold correction has ended

pips ? that forex term ... futures do not use that terminology

by the way ... looks like another case of "FAT FINGER"

in YG today ...

:p
 
Quote from SethArb:

pips ? that forex term ... futures do not use that terminology

by the way ... looks like another case of "FAT FINGER"

in YG today ...

:p
More...

So guess where I come from :D

I won't get into the whole "gold as currency argument" and start saying I don't trade gold, I trade GLD/USD which will impress noone, least of all myself.

cents, if you prefer... :D

Still got freakin stopped out at the low... will probably pay market tomorrow to reestablish the position.
Hate doing that, but hate missing the move more... that chart sure looks bullish...
 
Quote from drsteph:

Moe Foe.

Got stopped out on my trailing long 3 pips above the low.

Still nicely profitable (long at 559.5), but put my stop purposely low where I thought I would have enough margin to avoid fake out moves. Should have just kept it tight and stopped out at 628.

Rats!


Will see what happens b4 I get back in again. I say it goes lower b4 it goes higher, although if sabres start rattling, who knows what happens.
More...

Being long at 559.5 your ROI was certainly higher than mine(which had to deal with the whipsaws) Congrats.
Still waiting for break of 630, though I might move that a bit higher(the second high last night was 629.20... scary)
624.20 now.
 
Not back in yet. Still waiting. Thinking. Will probably end up buying in again at 650 as a result.

Where are the CB's when you need em?
 
Long 2 from 610.......sitting like livermore tells me to. dont know if this employment report tommorrow is going to be inflationary or not...... but to get rich you hvae to sit. i dont want a couple bucks here or there. i am looking for the big move once again.
 
oh yeah, i am also pretty long oil ........... This is the next leg up in the multi-year commodity bull cycle. These opportunities dont come very often, so when you have your chance, take it. buckle up this is going to be a wild ride up.
 
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