Wednesday, August 10, 2011

Gold Trades

I should have waited for gold to tip its hand.  After it did, trading became easier and profitable.  This impatience cost me from making money today...down R 0.6 in the end.

4 winners, 11 losers.
Biggest winner 2.0 R.  Biggest loser -0.8 R.

2 comments:

  1. Well the 5-min chart of gold looked terrible in the morning. I couldn't think of anything reasonable to do with it until the afternoon. I didn't notice the 30-min zone you pointed out but it looks great and I wish I had. To me the ugliness on the 5-min was enough for me to stay out.

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  2. I wish I had half a brain to stay away, I am still pi$$ed.

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