Trading journal for gold silver etc.

[goyaltraderz]

buying at 718

edit

target 728

 

[goyaltraderz]

today i realize that i really am a lazy person, first i got up late, then coz of five wave up i made a preconceive notion that today will be a up day. then even after mine setup gave me the clear sell trade i didn't take it , another mistake always follow ur setup not the what u feel, then work after work bombard on me now i m thinking to trade this last time where as me should be free for now.

usually i write these thing on mine blog i dont know why i m writing this here still i feel it like somebody wanted to explanation for not posting here.

next time i will try to be more consistent.

i have to go for dinner , now trading at 925 its up to u guys where u want to exit

for me if any of mine family member talked to me loudly i will clear this trade perhaps will not be able to post .
for those who want to stick with this trade may keep ur stop at 913

edit:

hello!!!!!!! 730..... bye. will come here after an hour

 

[goyaltraderz]

ewtrading.bogspot.com

 

[goyaltraderz]

and also one more thing

i learn the TA by following the chart and real time trade of many successful traders. We are here to trade together and learn something from each other like saint doing beyond mine explanation. if anyone have another opinion of the market then please post ur chart along with analysis so that we could have a much better understanding of the market moves, no one need to provide the complete details of their analysis just the chart that could explain that, the view u have has a sound methodology behind.

i ask for none but this

 

[niftychance]

Hello Goyal

Where do you trade gold? If at MCX, then why do you use $ price to analyse it?

The trading hours seem to be impossible 10 AM to 11PM, how do you manage to track the price action throughout that time

Sorry for too many questions.

I read being posted by one of the members that he uses SAINT Sirs Method to trade Gold. I would be interested in paper trading gold / silver maybe other commodities with the method.

Thanks

 

[goyaltraderz]

hello nifty chance,

i do trade in mcx through indiabulls, also do the trade in $ too by the odl securities,
i switch between them. whenver the trade is risky mcx other wise odl, or i have consecutive 3 losses then stick with mcx for month or week (smaller size).

for rupees i did use the winquote32 and it is not as good as odl's software.although i m n old stylies i.e no fancy indicator or complicated theories just plain support and resistence style along with the chart patterns and elliott wave. but ease of use of the odl software along with no bug issue led me to stick with the odl software also in $ we can see the price pattern more clearly then in the rupees.

i dont understand that trading hours seems to impossible , if we do any business then it's just 12 hour cycle in every business then why its impossible , its just business.

me and mine frien sujit(superior then me) in ewtrading.blogspot's chat room do the business all day along in various market ftse,eur/usd,dax u can see that in real time there.as the todd brown says"repition is the mother of all processes" all i can say that with practice it's just normal for us, we do take several break in between trading and do take care of our another business.

dont be sorry for too many question ask as many as u can and same here if i will have any curiosity i will as many as i can untill i satisfied, answere that question is upto u or in this case is to me.

some time it can happen that for some personal reason i wont anwere ur question then i expect that u wont mind.

what's saint sirs method for trading gold, i dont know. but i would realy like to test it so if u could just give me the link to that method that would be great .

onece again thanks for posting

 

[niftychance]

hello nifty chance,

i do trade in mcx through indiabulls, also do the trade in $ too by the odl securities,
i switch between them. whenver the trade is risky mcx other wise odl, or i have consecutive 3 losses then stick with mcx for month or week (smaller size).

for rupees i did use the winquote32 and it is not as good as odl's software.although i m n old stylies i.e no fancy indicator or complicated theories just plain support and resistence style along with the chart patterns and elliott wave. but ease of use of the odl software along with no bug issue led me to stick with the odl software also in $ we can see the price pattern more clearly then in the rupees.

i dont understand that trading hours seems to impossible , if we do any business then it's just 12 hour cycle in every business then why its impossible , its just business.

me and mine frien sujit(superior then me) in ewtrading.blogspot's chat room do the business all day along in various market ftse,eur/usd,dax u can see that in real time there.as the todd brown says"repition is the mother of all processes" all i can say that with practice it's just normal for us, we do take several break in between trading and do take care of our another business.

dont be sorry for too many question ask as many as u can and same here if i will have any curiosity i will as many as i can untill i satisfied, answere that question is upto u or in this case is to me.

some time it can happen that for some personal reason i wont anwere ur question then i expect that u wont mind.

what's saint sirs method for trading gold, i dont know. but i would realy like to test it so if u could just give me the link to that method that would be great .

onece again thanks for posting

Hello

Thanks for your reply.

I have been using Saint Sir's Method of 60 Mins Flow & Mini Flow since last 1 month (after 2 months of studing & Backtesting) to trade Nifty Futures, this method helped me to realize profits for the first time in trading...

These methods Sir is using for trading futures and not commodities, but I think we should be able to do so, why not try paper trading and see for ourself.

I would like to try to apply the same Methods to other instruments, my motivation for that is even if it does not work out that well, we would have better understanding of the method and get loads of practice with it...

I would look into the "how to" part of getting live data / charts for Gold/Silver and then maybe can start testing...

Will ask you about it (data / charting source), meanwhile will try to get some more info from other related threads here ...

Thanks

 

[momostock]

Hello, guys. I don't know much about investment. Actually, I have never tried to trade gold...how does it work? Is it worth?
Have you earned a lot of money? I don't need the exact numbers but I want to learn to do this as well.

HELP needed...lol

 

[goyaltraderz]

 

[goyaltraderz]

Hello, guys. I don't know much about investment. Actually, I have never tried to trade gold...how does it work? Is it worth?
Have you earned a lot of money? I don't need the exact numbers but I want to learn to do this as well.

HELP needed...lol

you can trade gold through mcx via indiabulls or icici etc.
1 point in mcx is equal to worth the 100. About money i cant say anything its just the personal understanding of the charts, one thing that is working for me might not work for another, if u cant trade through chart that is posted here u can follow the live calls that will be posted here and keep ur track on those calls to check the profitability.
Calls are in $ term and 1 point in doller is woth 100$ doller, although i would suggest for newbies to stick with mcx . come back here often and u will learn with time.

i m intended to keep this thread alive as long as i can.sometime the live trade's wining percantage can be near to suck level but still this thread is the thing that i m doing for myself to keep up myself on mine toe.

also i will try to make this thread just like a bunch of good analysits so that we could come up with the great trade once in a while

see u again.