|Id||Symbol||Company Name||Signal||Entry||Target||Stop Loss||Status||Pips Made|
Recent Position Updates1/15/2015 5:35:35 PM
Gold did make a move of 70 dollars in our favour and now back around our stop-loss. We have been saying for almost a month to reduce exposure to Gold so most of our members either totally our of it with some profits or at break even. Today we are issuing a general update as we still think the Long term trend is still bearish unless it closes above 1292 for couple of days. As you can see on the chart that if some of you want to have so exposure to Gold then they can try a short around 1260-70 with stop-loss above 1312. But we would prefer to stay away from everything for now because CHF announcement. Let the just settle and setups to develop. If some of you still in Gold then down trend line coming at 1269-71 area so keep your stop-loss around 1276-77 area!
1/11/2015 5:02:41 PM
Gold did make a move of 70 dollars in our favour after we issued this trade, We asked previously to reduce exposure and hopefully most of you should have less exposure to Gold. Medium term there is no change to our view but there is a chance for Gold to spike higher due to very oversold conditions. SO if you still heavy in Gold then please manage it actively.
12/15/2014 5:56:08 AM
As per our email last Friday! We would like to reduce our exposure to Gold. Gold did make a move in our direction by 60-70 dollars after our Entry. But now again its around Entry level. So try reducing exposure.
12/9/2014 11:52:51 PM
As our previous chart/update mentioned that there might be spike and we are getting that spike. Its again in a short area for those who booked half profits earlier. We do not expect this to go above 1255 but changing the stop loss just to stay in the trade. Commodity pairs have some more gas left in them before they start going down so until then we just have to tolerate the pain!
12/7/2014 6:59:17 PM
There is a chance that it might spike toward 1225-40 area but medium to long term we are bearish. Would be wise to book half and re-enter again at higher prices. Another great month so far for T2T members.
12/1/2014 10:59:24 PM
Wow strong bounce but overall medium to long term we still expect Gold to come down. Hopefully it will start to turn down from 1224-1230 level. It did make a move of 60-75 dollars in our direction (some services will brag about it for whole month)!and we received some really kind email. Thank you. Lets hope we get another push down soon. All book some profits. trading not about hitting targets its all about odds!
11/26/2014 11:35:43 PM
Behaving as expected so no change in our view. Might get to 1210-13 area but overall still bearish view!
11/23/2014 10:03:42 PM
No change so far in view. This might give another chance to short around 1217-20 but we got our entry. We will bring stop-loss to break even once it breaks 1167.
11/20/2014 9:15:38 AM
First of all Commodity trading is not for all. It involves more risk. We will try our best to adjust the SL as soon as we can. As a setup this looks decent to short. There are no perfect entries, so better scale in and out!