GOLD signal
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Old 05-14-2007, 05:30 AM
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Default GOLD signal

Hay all again now i have short GOLD 672.10
2 trades 1st TP is : 663.10
2st TP: Let it run
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Old 05-14-2007, 07:32 AM
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Thread moved from trading systems forum.

Keep all your trading here, not every thread and forum you see.
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24 May- Gold (XAU)
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Old 05-24-2007, 12:03 PM
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Default 24 May- Gold (XAU)

Hi
Gold- (XAU)rose by US$2.70 an ounce to US$662.60 in response to a weaker USD and a rise in oil prices
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Old 05-25-2007, 12:40 AM
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I have problem when I enter the market.
When I saw the "Sell signal", I short the market, after I entered the market the
"Sell signal" suddenly changed to "Buy signal".
Can somebody tell me "How to enter the market correctly?"

Thanks
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Old 05-25-2007, 04:44 AM
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The problem is with your system. Whipsaws will kill it. The system shouldn't treat the slightest change in price as a change in signal. It's common to see such system in MA crossover, MACD crossing 0, RSI reaching oversold/overbought, etc.

Try adding some filters to it. You take the trade only if it has crossed and stayed there for a few bars, or only if indicator 1 has crossed indicator 2 for some distance. If I'm not in a hurry, I will wait for price to break out by creating limit order to buy at today's high or sell at today's low. To go up one more level, I would use Super S/R indicator to box the price for breakout.
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Old 05-29-2007, 03:56 PM
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Quote:
Originally Posted by zub2004 View Post
Hay all again now i have short GOLD 672.10
2 trades 1st TP is : 663.10
2st TP: Let it run
Closed trades !!!
1 st tp hited +900 pips
2 st tp closed +1130 pips
---------------------------
TOTTALY :2030 pips
Lets weit next signal
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Old 06-30-2010, 06:03 AM
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Gold signal is up for long term as its demand..
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Old 06-30-2010, 07:16 AM
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which level to buy in this current high levels and it target u aim for ? pls reply
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Old 06-30-2010, 07:23 AM
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which indicotor to follow for gold trading ?
pls guide me
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Old 07-05-2010, 07:52 AM
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Charts are best indicators.
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