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XTrade replied Nov 30, 2010THe Breakout was successful. Looks like a potential bullish flag on the Lower time frame charts. I took off two lots - may add here. these were the trades. Now i can take a look at the USD and Gold correlation. Safe haven buying.....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 30, 2010Slowly but surely my 1370 level has been cracked. Looks like the USD and GOLD are somewhat positively correlated again time to B R E A K O U T. correlation study will be posted in minutes below. I am long as usual. First entry around 64/5
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 29, 2010Yes, it is. They were trying to ban it when the new margin reqs happened. Essentially Forex Gold is just speculating the spot price of Gold. It is not backed by anything and you are not able to "take delivery" as you would with a futures contract. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 29, 2010I discussing it with someone and tHe volume does not support the H&S pattern. GOld LOOKING to take 1370 whooo.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 29, 2010NP. Fontu, GOLD up 13.00 USD from lows long gold, leaving one on. Nite and luck to all see u tomoro
EURUSD
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XTrade replied Nov 29, 2010USDX — sorry for really $hitty chart, going to sleep. nite and luck to all.....
EURUSD
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XTrade replied Nov 29, 2010Are we going to pop here? or what... DXY has broken downward channel, BUT is coming up on some stiff resistance.... Let's see how the week pans out. Below TL and fibre may DUMP. above and we retest 3500 first.... just my 2 cents FWIW. EDIT: and I ...
EURUSD
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XTrade replied Nov 29, 2010update — Took prfit on second order about 900 pips. Bought in again as seen below. Not trading London tonight. So may just add trailing stops. In the immediate sense we need to take out 1364 to follow up. Otherwise may just fizzle out into ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 29, 2010Where to next? Hmmm... Not bad trades here just want to see higher GOLD and higher EUR. Not that I really care about the EUR. Gold on the other hand....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 27, 2010Possible HEAD AND SHOULDERS forming on mid term charts, I will add a chart but have run 4 now. please refresh or see new post before end of weekend. IT ;could pan out and create a nice short. Sorry for any typos I am on my new wireless mac keyboard!!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 24, 2010poor us numbers out and DAMN 1380 resistance still won't f-ing BREAK
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 24, 2010It may have to go down to break. EUR and GBP are sucking right now. AUD best performer so far during asian
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 24, 2010Thanks Fontu! Gold looks ready to breakout. if the bullish flag form present persists we can expect at least 10 USD up. It technically it should be closer to 20 lets see.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 23, 2010Fell asleep>>> Just took Profits.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 23, 2010shouldve taken the long at 56! im in at 1359 whatever. Let's see what we can do this am
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 23, 2010We already hit the TL.... This looks ready to burst to me.... ANyone ON?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 23, 2010welcome. Please feel free to post any time. Surprised about below. Gold, lately is far more volatile than the euro for short term trading..... So what do you base your trades on I don't get it.?!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 23, 2010there might be a reversal in the works NOW.>>>>>> EDIT: Merely from looking at the candles. My Gut says it hits 1353/5 there is a TL there, then Up. Lets see.. Looking at m15
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 23, 2010IF and only IF this current dip follows the choppy trade movement north we will have a nice 10 dollar trade. from say 1358 to appx 1368 = or -
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Nov 23, 2010i am beginning to think there is some manipulation in the price range 1365. On this news (posted above I am very surprised to see Gold not moving higher, Lets see what happens when New York Opens. THen when the stock market opens at 9:30
XAU/USD & XAG/USD - Gold & Silver Traders Thread