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Yep - just putting up the chart hourly - one thing to note is...

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mirren

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373

13/04/24

20:47

Post #: 73332103
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Originally posted by wrighty64: ↑

Any trader worth his salt would love volatility and volume when trading.
Gold last night from around 9pm WA time took off from 2390 to 2431 by 11pm now unless you live under a rock gold is in full bull mode but nothing goes straight up.
After running that hard the brakes came on all the back to 2335.
137.00 Swing both ways in 5 hours of trading. You don't see this all the time but 10 to 20 dollar swings are common.
Setting and planning of positions is not that hard your focus is on one commodity stop losses and profits can be set and position sizing are all crucial.
But nothing like being on it live when it's going parabolic. Patience and discipline and knowledge of your platform must be learnt thoroughly before you put any money into these trades as mistakes can be catastrophic.
Open your eyes to trading. The ASX is a woeful exchange to trade much better off elsewhere re educate yourself you won't look back.

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Yep - just putting up the chart hourly - one thing to note is that it ripped up outside bollingers -
the reversal from there was swift- always safe to step aside when things are out side bollies ...Gold is probably trading with the political fear currently so take that into account - touchy ...
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