Hello! Nice to hear! If you look back at some of the posts I made in this thread i try to focus only on the daily chart with this pair. Reason being it can sit around for a while, then as you said start moving. Sometimes the waiting is ...

USD/CHF

By the way this was the only major that allowed over 100 pips north today, cable, euro, jpy did not. Perhaps it was a bit oversold. Why does no one on this board trade this pair?

USD/CHF

Doubtful. For tonight. I am Short. From 0530 Just read some info on the upcoming NFP expecting to show Negative Jobs due to the US Census ENDING. Probably part of the reason for the skewed ADP report. We'll see. I am maintaining my daily longer term ...

USD/CHF

Let's see if the pair can hold above .0555

USD/CHF

A little pop from the jobs report today. The real story will be told on Friday's Non-farm payroll. THe ADP report is correlated, but not always. If the US manages to post some convincing numbers, then yes, there is a chance. I am not convinced as of ...

USD/CHF

I don't see Aussie crashing into the 7000s. Looking for a test of 9300/ 9400 first. US economy may be doing better than before, yet nowhere near all the "news talk" was hyping it up to be. Poor figures after poor figures are telling the tale NFP is ...

AUD/USD

Lets fix the trendlines on the chart from the move down. I'll post a chart when In a few

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

This is a concise H/S description — Prior Trend: It is important to establish the existence of a prior uptrend for this to be a reversal pattern. Without a prior uptrend to reverse, there cannot be a Head and Shoulders reversal pattern (or any ...

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

Chart Patterns — Unless they are CLEARLY distinct movements of a greater pattern on a higher time frame finding a head and shoulders on a one or five minute chart "MAY" (or sometimes) signal a reversal in the case of price. Usually if one is ...

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

Not sure what you are saying here, to be honest with you. Since 1155 the price is making Higher highs and higher lows. Helping to form a trendline. It seems you need to decide what type of trading style you are going to use. I do not suggest trying ...

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

The price in the short term sense seems to have had found minor support at the 1193.3 area. Close enough to 1192. NY spot had a $10 gain on close.

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

Yes it is simply 5 digit pricing. On a 4 decimal broker the trades can go in you favor or against your favor. In other words if you close a trade at 25.3 pips on a 4 digit they will round it down to 25 and that is how price will be displayed. ie: ...

Why do some brokers use more decimal digits than others?

Next target 1215/18

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

1204 — Here you go

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

It's possible, but does not like like it as of now. We pierced the Upper corrective TL once,( depending on how it is drawn) (from the record high) on daily candle July 23rd. If you look at that daily candle the close was still below the TL. July 30 ...

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

what is the purpose of the triangle? what is your exit strategy? You should assess at least "potential" risk reward before the trade. Otherwise you are saying " I am willing to risk (Lose) X to make ??? We can discuss your h/s as well. Ideally, the ...

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

Yes, isn't that nice. I believe the spot high was 1204 for NY day. Globex trading will open shortly

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

THere is some interest in 1204. If we can take it and close above 1215 may be next. THe same, things are still light and slow so nothing "crazy" until after labor day. 1

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

1200 hit. Trading to 1202 so far on the spot. Gold could be on the verge of a mini breakout. silver back at 18.50 Crude / light crude have been on a rally.

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

1190 breached looking to test 1200 next

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