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Posts by "lionking65"
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lionking65
Singapore
Posted Anonymously
14 years ago
Nov 24, 2009 3:14
In Thread: Where do you see Gold by year-end?
Asad, How do you avoid being stop hunted on stop losses, as part of Risk Management?
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lionking65
singapore, Singapore
Posts:
19
14 years ago
Nov 23, 2009 17:05
In Thread: Where do you see Gold by year-end?
I had closed the 1150 short positions at 1129 last week at a profit. So, I think I made a net loss of 8K. I closed the short positions at 1130 and 1120 today.
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lionking65
singapore, Singapore
Posts:
19
14 years ago
Nov 23, 2009 17:03
In Thread: Where do you see Gold by year-end?
Well Asad, I bit the bullet and closed the remaining positions at 1155 and booked a 11k loss. Didn't expect Gold to go all the way up, without a mid way correction. I shouldn't have anticipated and traded against the trend. I hope, I learnt my lesson! :) Thanks for asking.
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lionking65
singapore, Singapore
Posts:
19
14 years ago
Nov 20, 2009 6:35
In Thread: Where do you see Gold by year-end?
That would be cool, if gold comes down to 1070. I would then move from a hammered state, to a blissful state. Holding shorts at 1150.
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lionking65
singapore, Singapore
Posts:
19
14 years ago
Nov 19, 2009 4:05
In Thread: Where do you see Gold by year-end?
nzvik, thank you, for the detailed analysis and the graph and pointing out the 4 week trend.
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lionking65
singapore, Singapore
Posts:
19
14 years ago
Nov 19, 2009 3:46
In Thread: Where do you see Gold by year-end?
Thanks everyone, for your views. I have been shorting at different intervals, starting at 1120 and also at 1150. It is indeed very difficult to pick the right levels and yes, I should perhaps not drive the wrong way and stick with the trend. Still learning!
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lionking65
singapore, Singapore
Posts:
19
15 years ago
Nov 18, 2009 16:25
In Thread: Where do you see Gold by year-end?
All the fellow gold and silver traders, do you see both the commodities hitting resistance and retracing, given the huge run these past 5 days? What targets are you seeing from here? I am short on both metals and am getting hammered!
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lionking65
singapore, Singapore
Posts:
19
15 years ago
Sep 2, 2009 18:25
In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal
Ashraf, is Gold expected to go upto 1000 in this current run up?
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lionking65
singapore, Singapore
Posts:
19
15 years ago
Jun 15, 2009 11:13
In Thread: Falling Equities Still Key for Dollar
Ashraf, what is next suggested target for the AUD/USD ?
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lionking65
singapore, Singapore
Posts:
19
15 years ago
Jun 3, 2009 14:28
In Thread: Euro's Channel
Ashraf, thank you for the above. Is it a safe bet to sell the EUR/USD for today from the 1.43 levels?
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