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XTrade replied May 5, 2010Yeah, Yeah, Just the same as gold has been the LONG trade (1090) from 1110 thru 1145 thru 1190 now there is a short opp. Welp!/? That's the market for ya! My outlooks have been posted on every #Group of this thread. But I will retrieve them and put ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010You are welcome, Glad to see you enjoy the thread. Yes I agree with your sentiments. Looks like things are slowed a bit now and about to turn up
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010We just hit 1190, (this AM) now there is a dip on market FEAR. $14 dip is Not much of a crash!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010All and all, we are still inside the upside channel, coming up on some supports and MA support. These selloffs have become somewhat typical after steep upmoves, usually triggered on fundies and profit taking. & General market movements. DOW getting ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Things are really shaken up today... This could take more time than I anticipated... Thinking we may see 1165 Silver looks VERY tempting....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Brief commentary quote — Quick read
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Yes, Agree with that one (stop to BE).. I am with you on this Took entry as well @ 1175. London closed now If nothing else I am expecting at least 1180 to 1185 Need to go out for a bit and may add trailing stop as well
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Yeah silver took a whack this am. Watching to see if Euro breaks .30 Looking for entry on Gold, things a bit volatile still. May get back in above 1175. This will not last.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010DOW, S&P, Commodities IE: Gold / Metals & Oil taking a hit this morning Currently DOW down 242.75 Certain profit taking on Gold this AM after the 1190 hit. Fear evident in market sentiments today Obama discussing financials live also helps PLUNGE ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Gold, — Gold, coming off a tad from session highs above 1190, currently trading @ appx 1185, closed these out @ appx 1190 -so we hit 1000 pips; Usually what I strive to catch 10 and 20 $ moves or 500 pip scalps. Likely, looking to buy again ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Xau_xplode — WE are EXPLODING HERE! Prior entry now over 750 pips - NO real signs of resistance in the way besides pure psych level 1200 next 1225 real resist, 1190 may offer a hitch as we just basically hit it!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Here is the pic/chart, forgot to post my older entry. We are now above 600 pips which is about - 6 bucks/USD Gold "price" move. Not a bad trade. USE YOUR DISCRETION. I have taken .1 off the lower entry
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Now a 400 pip trade GOLD is breaking back above the current mid point !!!!!bREAKING OUT!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Going to test a small long out here, prior long hit TP. we did HIT A NEW HIGH YESterDAY! Long @ 1179 SL area below 1175 TP 1188 or manual close 1187 - 1190
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010At this rate the Euro will break 3000 into the 29s befor turnaround and the pound .4500 this would put the DXY @ appx 85 and Gold over 1200... Bearish activity continues for the "euro" zone and cable... Even after bailout Euro seems to be on a path ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010LOONIE is the nickname for a 1 dollar CAD coin. Or just one CAD there is no paper note anymore. Toonie is the nickname for the 2. I have both and will try to post a Loonie Was there (CANADA) recently, went to Kitco as well and they only accept USD ...
Why is GBPUSD called cable?
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XTrade replied May 4, 2010Notes on GOLD trading — Gold moves sideways A LOT. Thus I am not very dependent on Trend Lines Unless they are enforced by a day or 2 of trading, GOLD also can range for several days. Gold does sell off even in bull markets GOLD does not ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 20101180 — 1180 is turning out to be minimal support, I am looking to see what happens @ 1175 With possible manual order in this area and a stop below 1165. I will not trust shorts until aforementioned levels are disturbed. Otherwise I will look ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 4, 2010Hey Guys, Thanks for posting, I am bullish silver as well. THere have been many great setups resulting in nice profit with a little patience. Ultimately I wan't to see a breach and close of the 19.50 area, perhaps with pullback to 18 / at worst ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied May 3, 2010Not Much going on right now. (London and JPY bank holidays) Finally this tight range is breaking. Price opened lower only by appx $1.00 per oz of the yellow metal. THis is Bullish. Here are current H4 and H1 charts, I am testing support @ 1175 area ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread