'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Wednesday, December 11, 2013

Tip Alert Update

Trade still on...though the retracement based from my entry price is already more than 50%, I'm still keeping the entry trade...

Tip Alert Update

So far doing great, let's see...

Tip Alert: Long Gold

Entry: 1257
Stop: 1249
Target: 1269
Note: Now I've got an idea, the 1-hr chart below is forming cup with a handle from my observation, let's see if it's going to work.

Tuesday, December 10, 2013

Tip Alert: No Idea

I guess I'm passing off for now, with the 1-hr chart below, no idea what the Gold market will do from here, except that it might pause and do some zigzagging. Just make your own conclusion and trade at your own way/risk, but the way I look at, it might go the same way from where it burst from the previous (the first area), I don't know but that's my observation.


 

Tip Alert: Missed Opportunity

Not able to monitor the market early and was late to place/make a trade. Better luck next time. It could have been a nice profit...







Monday, December 9, 2013