VERY QUICK — Channel Chart

NZD/USD

I am doubting that. I am expecting a poor #. Should be some nice action around this report tomorrow. We will see.

Cable Update (GBPUSD)

some reading — Qatar- Demand for pure gold picks up as expats go on vacation - url Gold Marks 7th Day of Gains, Silver Advances url P.M. Kitco Metals Roundup: Comex Gold Closes Firmer in Quiet Dealings; Traders Await Important U.S. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

You would only want to take a trade like this if it was clear there would be a decisive break far up or down allowing you to place tight stops for the opposing side to be closed at a minor loss while catching the rally. Tomorrow may rock gold a bit, ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Why don't you A: take what you have learned that works from the systems that you have used and create your own system. B: Start reading news. (economic reports and forecasts) pick a pair and learn what all the reports are that are important for both ...

I am demotivated...

Not good numbers. No there is no rule. Anything can happen if the report is positive or negative, the market does not always react as one may think. Nice chart

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Price looks a bit confused. Possible vulnerability to the downside. Yet likely sideways movement until the NFP report tomorrow.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Often when projecting/ forecasting Gold prices based on technical analysis solely it is helpful to use multiple projective lines. One from the Highs. One from the close and One from the lows. To supplement you can use an "average" or a thru the fair ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

chart fix — notice the simple green line - that is to show the end of the raging bull up-thrust after newly established RECORD HIGH - where minor bearish correction opened up. THUS, those highs are not used in drawing Trend lines the way I ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Agree very much. Yet, sometimes risks and prior analysis can pay off largely before the news. Depending on the NY London Cross session, I may flatten most trades before the NFP. Yet I will look to lock in anything in profit. My bias is negative for ...

AUD/USD

Back below .0500 swissy is falling beautifully as planned. @ M - I would be careful on that buy, looking further south & that is weak support. My sell limit (TP) will be set around 4244. for now. But, we'll see how it goes.

USD/CHF

Looking for test of .9300 Then re-assess goals. No one in this camp?

AUD/USD

I am not a "carry trader" I am working on my longer term swings though. So I like to place trades that can ride for a few weeks while gaining consistent pips, the swap is just an added bonus. My point really is, large banks enjoy an even greater ...

AUD/USD

Don't look forward to much my friend. EXACTLY, what you are saying is here in the US and WORSE. My real unemployment figure that includes illegals, Part time workers and other non full-time employees is 16% to 17% unemployment. Things have turned ...

AUD/USD

BTW 7% is Phenomenal on a standard CD. US CDs were at 4% a couple years ago, now they are in the low +1.25s AMEX just offered a new one at 1.30 - horrible. But if you are making interest in AUD @ 7% why would you even want USD?

AUD/USD

LOL!! No I mean as a trade. When you have a long =AUD/Short=USD and you rollover as an FX trade the interest rate for buying AUD is favorable. I have prepared a screenshot of some demo trades I have on a 5 million USD account. In the scheme of ...

AUD/USD

This is an interesting statement. The dollar in my eyes has been week for this entire rally. It only appears to be strong do to some hyped up lackluster reports. AND!!!! The basket of other falling currencies it is weighted against, which almost 60% ...

AUD/USD

Awesome to hear a post from someone in Australia. These are the types of things that make our little community here great. I could go on about all the problems in the US!!! So with all those factors are you looking deflationary/ Money hoarding / = ...

AUD/USD

Taking a long here at 1195 Edit: I have an eye on 1212 area before 1215....

XAU/USD & XAG/USD - Gold & Silver Traders Thread