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XTrade replied Oct 30, 2013What's looking good on the daily is that the price is above the 50 DMA and 100 DMA, now with the price maintaining a bit, instead of giving way, the 200 DMA - an important SMA for the Gold daily - is dipping below my last most important as of now, ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013In April of this year gold made a 200 US DOLLAR during the 14th 15th / 16th it took 3 days. Look at the chart. I don't know what you mean by points. Do you mean pips? a 2.00 USD move in Gold using pips to the 4th decimal is 200 pips. So yeah it does ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013So you took a short against a winning long? I don't really see why? Unless you play it exactly right it could equal a Loss Loss. or just on loss, when a direction is decided for after the release. Could just buy dips and scale out - you wouldn't ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013Personally, and this is just me, I can't tell you what to do. But, if you have a nice entry, you are up a bit more now than when you wrote. If you want to hold through the FOMC then I would do the following, Wait a bit a say another hour or so, but ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013Not quite sure what you are referring to fundamentally that would at this point in time warrant a 200 USD plunge in Gold. We / I am always posting fundamentals here and fundamentally and equally technically speaking that is just a wild punt, there ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013It's under market, = here is the actual link = url ---> I frequently use it here because it is a 3rd party price source, not an FX broker. They do sell physical bullion but that's different. The charts are fast and easy for me to pull and then ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013
even if the FED was perfect there is no way gold is dropping 200+ USD per OZT in a matter of hours. How are you possibly warranting such a wild punt? XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013First two "red importance level releases" already in the -RED! FOMC statement not out till' 2pm Eastern Standard Time (EST)
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013Be careful - looks like price is now at yesterday's High and Gunning toward Monday's 1360 + (Hypothetically you could have already bought the low early this AM and be in NICE profit already). Again if FOMC seems neg really a push through 1365 to the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013I'd say in the immediate sense - bulls need to - as you mentioned stay above 1353 - a high in the 1365 area would be nice if the news is dead bears - next area to push to would be again the 1330 area.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013OOPS put the Friday's news up. - Below is today US news - Also - I don't think even if the Fed wanted to the rate will change as well... So may just be some bouncing up and down.... FunFactory's News Board - ALL WEEK HERE --->
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 30, 2013Could happen ppgolf - ezpecially now that the price is once again back in the average area of week. FOMC supposed to be dreary yet if clues are negative we could see another new high....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 29, 2013Hey buddy, Yes, we could experience a zone of consolidation here before the next decisive break. I would say if it stays in the 1350 range it should attempt to break north, likewise beginning to slip below we may test 1333 area in the immediate ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 29, 2013Here it is- how is this possible to trade lot size .0005? Is it just how the Trade Explorer is reflecting it?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 29, 2013See I thought they just started using "units" when the fractional pip thing, 1e: 1.00005 hit all the brokers. As well I thought it was just basically a micro account. It seems this fellow was trading "super micro" let me see if I can find the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 29, 2013From earlier in the AM. Tuesday October 29, 2013 8:25 AMA.M. Kitco Metals Roundup: Gold Lower Amid Bearish Outside Market Forces
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 29, 2013I saw someone trading an Oanda account with like 18 bucks in it? I guess the have an account smaller than a micro? because the lot sizes were something like. .001 I believe. Could be an idea with for new traders, anyone seen this? Or do I really ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 29, 2013Now I have read back a bit, I completely agree venzen with your advice to error, I did not realize he was a budding trader... In that case no I wouldn't trade any news and I would be happy I made money for the week. EDIT - OOPS wrong again! SHITE! ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 29, 2013Sorry- here are the correct news images. Notice the consistent decline in consumer confidence. With tomorrow's releases attached as well...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 29, 2013Hey buddies, On correction I am eying up 1340 first - which would be a loss for him anyway... Personally I would likely risk at least one of them through the FOMC to see if we can print at least one more high before any correction / profit taking. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread