gold, page-20108

Very typical of Champ to only want to agree with goldbug posts. Not a very balance way to look at things but then he probably know where price is going. I enjoy your post and it was only a trade in drawdown so far. No big deal to me since I prefer to read posts on thought process and chart justifications and none of those rubbish kitchen sink analysis that are nothing more than personal opinions.

I took a high risk high reward gamble on Silver on the level I posted yesterday and manually closed out for a small loss once the US jobs initial reaction were against me. I also took a short AUDUSD which balanced out the loss from Silver. I reluctantly took the Silver trade knowing that it is equivalent to doubling up on risk since they will both generally move in sink. That's trading, win some lose some and just hope win more than lose. None of these "I know where price is going" and start loading up and when it doesn't work patiently wait until it does. Sometimes a decade later still waiting. I have been there!