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XTrade replied Jul 21, 2010Taking a long here small scalp 1190/ Lets see how it goes..
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jul 20, 2010So did I and I am a bit annoyed about that! This was a nice move. Gold has bursted thru back above 1185 support. If we can hold 1195 I will look to break 1200. Not convinced the correction is completely through, however, the price has held onto ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jul 20, 2010Would be interesting to see if this move can reclaim 1200 in the upcoming sessions.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jul 19, 2010Judging by the breach of 1185, we should be set for 1165. I may add a short to hold till this level. Price action is weak and we are in the summer months. After this bearish cycle completes I will be looking to stack some nice longs for positioning ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jul 19, 2010Gold range could not be tighter...
No trades on XAU tonight - Med term Neutral ATM. Playing - Majors except for yen. Lots of action! simple maybe play for range, Long above 1195 short below 1185... Just a thought. Already had a ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jul 19, 2010Do you mean something tells you to sell when the trend is up? ------------------------- If so, ok maybe sometimes, yet when there is a strong market, that can be like trying to catch a falling knife. Look at the daily chart. I have learned the hard ...
EURUSD
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XTrade replied Jul 19, 2010why not simply trade with the trend for 50 pips and make life easy?
EURUSD
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XTrade replied Jul 19, 2010Yes, Here - DXY = Euro 57.6%, Yen 13.6%, Sterling 11.9%, Canadian Dollar 9.1%, Swedish Krona 4.2%, and Swiss Franc 3.6%. It is a dated index over 35 years old that leaves out other important currencies. IE: CAD, AUD, etc...
EURUSD
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XTrade replied Jul 19, 2010Yes, my charts for short term gold are pointing south ATM to first test 1165. Next 1140 if 1165 is breached and held. 1100 is not likely to be taken easily. We are in the typical summer doldrums for Gold and the price created late term highs this ...
EURUSD
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XTrade replied Jul 19, 2010thought — some minor short stops hovering above 2920 likely just got crushed.
EURUSD
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XTrade replied Jul 19, 2010This will put gold positions above 1500 over time. Take a look at this fun little clock.... US DEBT CLOCK with link in Real Time - WOW! BTW: seems first headfake is in and Euro is erupting north. Only scalping now, but caught 37 pips off this one ...
EURUSD
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XTrade replied Jul 19, 2010Looks like swissy will close gap. I closed out at 50% fibo and await next short. Watching as of now and flat____
USD/CHF
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XTrade replied Jul 19, 2010Cool thanks for pointing that post out to me
EDIT:
just wrote the same thing at the same time! ^ EURUSD
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XTrade replied Jul 19, 2010Agreed, and I am not, I just mean the general "speak" when a mediocre to lousy report comes out and it is blown out of proportion to create lines as if things were ok. The dip is a possibility here and is likely as it is after every move up. But, ...
EURUSD
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XTrade replied Jul 19, 2010Yes but I felt it important for the general sentiment. Both currencies here are weak. The winner is only the one that is less weak for a period. The US has done a great job of passing the proverbial "buck" onto the EU issues. *edit* while not ...
EURUSD
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XTrade replied Jul 19, 2010Fed's volte face sends the dollar tumbling — Rarely before have a few coded words in the minutes of the US Federal Reserve caused such an upheaval in the global currency system, or such a sudden flight from the dollar Link IS HERE
EURUSD
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XTrade replied Jul 19, 2010Euro daily — Hi Everyone, Here is my Euro chart, seems from my study we are at a bit of an important spot here. I will not be surprised to see a dip, nor a further upmove if we can take out this level at current. Technically speaking the HS ...
EURUSD
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XTrade replied Jul 19, 2010Fed's volte face sends the dollar tumbling ----GREAT Commentary - MUST READ — All Gold and Currency trader should read this I will quote some in the thread below and add a link ---> link HERE <----- Fed's volte face sends the dollar tumbling ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jul 18, 2010PS. Depending on the majors and price action reflected on swissy, I may TP then double up shorts on Gap close. I am aware there is the possibility of reversal, yet I need sound fundamental and technical reasoning. We did test the .0300's briefly (2 ...
USD/CHF
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XTrade replied Jul 18, 2010I would not count on closing this gap tonight. Friday was a short covering bounce and the one that's it one positive day for the dollar. This has been over a month and a half long short trade. Longer than the long side of the hill. All this talk of ...
USD/CHF