High volatility - not every thing is done under chart patterns only.

[scorpian7]

with strong fundamental you may see such type of situation. most of the time fundamentals factors run the market and they are on log term .

[newentry]

this condition happened when the trend at oversold or overbought position and also overlapping session and we can take some benefits from it if we know when the chart will move with fast, we have to check all time frames for it and also stochastic is very good oscilator to identify it

[ishvara]

i agree forex and especially gold is high volatile and some time it goes outside patters so be careful and use only lower leverage while trading in gold and you must tarde small lots only and should have good balance also

The better and more proper thing that we are supposed to do is to try hard and set our forex trading market orders so that we have enough margin to carry trades when there is a big reversal in our trades.

[fxquest]

yes always chart patterns wont give proper signals and even combination of signals wont get the trade into profit or in predicted way.
no one can give 100% true signals.Its not possible in forex and news release may take the price anywhere.

I agree we cannot be 100% sure by looking at charts as to which way the market is going to or what is going to be bottom or top, but at least we get an idea which most of the time works and that is what we need to succeed inforex.

[krishan]

yes always chart patterns wont give proper signals and even combination of signals wont get the trade into profit or in predicted way.
no one can give 100% true signals.Its not possible in forex and news release may take the price anywhere.

[nilesh]

The volatility of gold is very high and a gold trader should have a deep knowledge of market. A strong fundamental analysis is very important for gold as gold's prices are effected by many factors. That is the reason for which gold's chart breaks the pattrens many times. Gold trading seems very risky to me. But i will do trade in Gold in future after having a lot of experince and knowledge as these the very important requirements for gold trading.

[mohit]

agree gold is highly volatile. and the movement of gold is uptrend only but during the last quarter of 2011 its movement has been downwards. And its moving to and fro hovering around the 1600 and 1700 mark for the past couple of months

yes gold is highly volatile and has very high spread , for trading in the gold you need high amout of money in your account then only it is possible to trade with gold and to earn some profit from trading the gold

[mayengbam]

agree gold is highly volatile. and the movement of gold is uptrend only but during the last quarter of 2011 its movement has been downwards. And its moving to and fro hovering around the 1600 and 1700 mark for the past couple of months

[yogesh]

I agree with you Gold is most volatility metals i know and that why its increases or decreases so never try to trade with gold with low capital as you can lose all your money due to margin call.

Hmm low capital is one reason and even if you use enough capital higher leverage may be harmful. Better trade with lower leverage and stay in trade for few days whenever required and this can make you handsome returns.

[zoomfire]

yes always chart patterns wont give proper signals and even combination of signals wont get the trade into profit or in predicted way.
no one can give 100% true signals.Its not possible in forex and news release may take the price anywhere.