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XTrade replied Dec 16, 2013Guys and Gals, The most rewarding part of trading news is BEING POSITIONED RIGHT and STACKING. YOU - yes - YOU can OFFICIALLY cancel a WEEKS worth of TRADING on ONE GREAT NEWS TRADE.!!!!!!!!!!! I am a position trader, yet I trade the market and what ...
News Trading - Discussion & Setups
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XTrade replied Dec 16, 2013OK, I fully expect the same result on forecast .1 PCT or 0.1% thus NO SETUP taken here on any pair for me. U do as you like, Now here is where the action starts, WEDS TO FRIDAY a BOAT LOAD of NEWS and IMPORTANT at that.
News Trading - Discussion & Setups
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XTrade replied Dec 16, 2013So can you POST IT HERE instead of diverting people to your "website>?
NZD/USD
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XTrade replied Dec 16, 2013IF I cannot do CPI tomorrow - WE WILL DO FED ON WEDS. Please make requested pairs// Post them below. thX -
News Trading - Discussion & Setups
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XTrade replied Dec 16, 2013Need to rest now, Yet I will try my best to to the US CPI for tomorrow.
News Trading - Discussion & Setups
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XTrade replied Dec 16, 2013My area of setup is already planned hours before depending on price action I adjust accordingly. I love 100 pip swings and 50 USD moves on GOLD. To setup the actual trade takes seconds.
News Trading - Discussion & Setups
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XTrade replied Dec 16, 2013After, The reading I form my own assessment and trade accordingly. Sometimes I use my 'gut' instinct. Otherwise I manage the risk and trade in my direction. Managing risk accordingly allows me to fight another day / trade/ should the market have an ...
News Trading - Discussion & Setups
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XTrade replied Dec 16, 2013I actually at this point spend MINIMAL time physically trading, I don't use ANY EAs and will likely never. I AM ALWAYS UP on the current ECONOMIC CALENDAR. MY PREP is over the weekend and the prior week, I read a S#!T load of news, I look at prior ...
News Trading - Discussion & Setups
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XTrade replied Dec 16, 2013Why? it's just simple range trading. I loved it. Took my long after waking and checking at four and five AM, then hit a nice ride up. Support didnt break for the day so ??? Whaddya got to lose? This is when you make a FIVE USD STOP on a long off ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013CPI poor = 1275+ tomorrow, said it now. I don't like repeating myself or quoting my own posts. CPI pos I look to 1230/ 1220
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013Honestly how do you even place a 50 CEnt SL on GOLD SPOT? realistically,[some brokers will not allow this even outside the US.) the spread is usually 50 cents. IF SO that is just SUICIDE of said trade. It ALWAYS needs to be at least 10 for 20 or 5 ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013There is always a pause in Gold trading each day (spot and futures) after 5pm, look at the chart I posted and the session overlaps below and you will see the break. If orders are triggered upon the market re-open it will create a gap up or down in ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013I'd say whoever took the low off of 1220 area just cashed in on a 30 USD move today at 1250+ area. Looking at chart above.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013Yes,!!! Nice LIL' GAP north after the daily "break time" See below.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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News Trading - Discussion & Setups
Started Dec 16, 2013|Interactive Trading|18 replies
Hello all FF members old and new. I am just laying the groundwork here for a new thread. At ...
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XTrade replied Dec 16, 2013E D I T: NEVERMIND I thought you said "tomorrow" then I saw feds day. FOMC has usually more impact than CPI. Yes, I just posted them, for me they are tomorrow - I am in NYC. They should be for you as well!
too! Considering they are based on ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013Please try and INCLUDE the Time Frame of the chart you are posting either written or screen "shotted" 1240 to 1238 is possible I mean it's two bucks~! but look at your 50 % fibo. Orders are placed usually above and below, the line - short or long - ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013likely not tonight - maybe in LDN session but - tomorrow is completely likely, I KEEP STRESSING the IMPORTANCE of NEWS on Gold and not a lot of people listen. for instance CORE CPI could push it past 1250 if neg.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013The LOWEST swing in gold is about 5 USD. IT ALWAYS will move a ten USD swing even in slow trading. I am actually surprised we are not at 5-7 USD days ATM, but all the fed crap has the market again on a useless edge.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 16, 2013Last chart in ""ed post and new chart with the break through the congestion level around 1235
XAU/USD & XAG/USD - Gold & Silver Traders Thread