right now is already summer and i'll say it again, it has moved from 1315 to 1575 for 3months already, all the big buyers have taken their profit. you have to see how many retest at 1550 that failed. if you see back the period between June and July ...

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

ya true, i'm from Malaysia, and a friend of mine accumulate jewelry from pawn shop, melt it and sell to middle east buyers since 10years ago the problem is the price is determined in COMEX Futures. i believe big buyers like to buy low and sell high, ...

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

ya, that is the basic idea, if you remove the time factor, it did move up faster this time around. however the movement behaviour is still similar. we have move up from 1320 to 1575, almost $255. all the big buyers have liquidated their position and ...

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

see the danger when RSI 14 @ weekly is at >70, we are now at that level and the price is capped at 1550.

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

or put it like this, please shift your charts to weekly timeframe and with RSI (14). see what happens when it reaches 70 level. you'll see an engulfing bar down. Gold is in a mega bull situation, but unfortunately it doesnt move up in a straight ...

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

ya, i do really think that sharing is the only way to improve. : ) your CCI setting is set at CCI 14, means about near to 3weeks of data. My CCI is set to CCI 60, means is about 3months of data. If you do observe, each of the bull move ranges from ...

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

when it finally retrace to the EMA 200, it might be 5weeks later, so the EMA 200 at that time wouldnt be 1399. If this is a mega bull, it will find 1450 i guess, or max lowest to 1420. cross zero point only short ? for signs of weakness, you'll see ...

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

GOLD charts — Daily CCI 60 uptrend line broken, please refer back to the previous 3 trendline break. CCI(60) is 3months data and if the uptrend trendline is broken, it might be ugly to take LONG. i'm slowly building up my short position ...

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

Daily pointing downward — i've stopped taking LONG since last week. If you put MACD on the Daily TF, you'll notice that the MaCD is pointing downward and had a bearish divergence with the previous high of 1575 peak GOLD also failed to break ...

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

unemployment claims — the Silver move these 3days was quite weird to be exact, hardly any retracement. I prefer a slower move with strong dip being bought up ( strong V shape, looks like a tail at higher timeframe) Today is US unemployment ...

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

crazy downward movement — i've got a huge position stucked @ 48 to 49 there. Dunt know whether can unlock the loss hedge or not. expect more drops on the Silver as the margin hike will push it downward. i expect to drop till about 36 there. ...

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

Head and Shoulder on Daily chart Doji on weekly chart. weak retracement on H4. see how it goes on the news

EURUSD

1. Fake Price (smaller timeframe is the killer) there are super duper a lot of fake price due to manipulation by banks and other sharks in the market 2. Some EMA and SMA lines have bouncing effect, therefore when u use the lines together they will ...

Why exactly do EMA crossover systems not work?

Hi, i wanted to know the arrow, does it repaint ? lets say the trend now is uptrend if the arrow appear now, will it disappear if the next candle continues to move up higher ? thanks

15 Min Divergence Profit Strategy

which direction ? — image so where is it going ? i need to reclaim my 60pips lost yesterday

Cable Update (GBPUSD)

actually i had a chance to BE at the retracement levels, but i set my TP too low and was away when i had the chance. it's already at 161.8 and it still doesnt want to come down, possible to break another fibo level ?

Cable Update (GBPUSD)

cry — i'm the dude who's currently at -50pips at 0.60lot.....wanna cry out loud

Cable Update (GBPUSD)