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XTrade replied Oct 21, 2013Agreed.... ------------------------------------------------ To the OP. BTW there are also LINE and BAR charts! Did Satan send those to us too? And who is laughing? Trading is a job/ career/ game/ etc. You think some alien race is looking down on us ...
We were fools to believe candlesticks can predict
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XTrade replied Oct 21, 2013Not sure if you were attaching a post here, but, if I were "trading this chart" I would Identify the range top and bottom after breakout. With support and resistance horizontal lines. Identify, where the breakout happened and now this price area ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 21, 2013GET USED TO IT MATE!!! Sometimes this lasts for months - take a look at 1750 to 1550, and you're only talking about a tight sub 50 USD range....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 21, 2013No mistake brother, you saw something and threw it out. WITH a chart no less. In chart or strictly tech trading, you could assume that due to the 3 bounces on the resistance level if the lower resistance level does not cover them, then it might ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 21, 2013Interesting, You should look up these following things - all bullion related. INDIAN - Gold buying and Wedding Gold Seasons The LBMA China and it's Gold buying. Australian Gold / Copper Exports
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 21, 2013Nice chart and analysis, we should start seeing possible signs later in this year before the Winter Holidays and I agree, if it does happen - the large move - it likely won't be until next year, Here is also a possible scenario for manipulation UP, ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 21, 2013More just sideways price movement and range on the H1. I usually wouldn't use anything lower than the H4 to identify a double top / let alone a triple top. That's just range. Good for scalping. If it doesn't break north soon, she will likely dip ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 21, 2013A little forced looking. - On completion it would only bring the price back up to around your first blue line likely to be then rejected and continue falling to make a new low. But, any such move north now could also simply just be considered ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 20, 2013Guys if the price maintains, we may not see too far below 1300 even on a dip. Working on some position charts I've been promising, but now it's time for a headache break!

XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 20, 2013Looking for that retest of 30+ then 50! That's why you want to keep an eye on it! Silver IMO is more suppressed artificially than Gold. Yet usually has a tendency in %age to outperform gold on volatile PM days, at least lately. I know it doesn't ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 20, 2013Nice - Both sides of the coin! - Always post a chart if you have one! The Top DTL looks similar to the one I just commented on, If we can stay above it or test it then get some regained strength - Likewise - 1315 may hold as horizontal support in ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 20, 2013Interesting. Could have taken an aggressive long on the test of your bottom TL, with low risk. Now that she has broken the top DTL, waiting for a test of the line might be prudent, if Upon test the price can hold above the line, then again we will ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 20, 2013What if the price stays above 1315/10 area ? Then what is plan B?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 20, 2013Yes, I have been following NZD USD closely again and my last trade was a complete success I have to say with extremely low risk and high reward. I am going to try and make a simple cable chart now, while the Gold and Silver markets are closed. If I ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 19, 2013Please do read the above, Will be out on the town tonight so no position trading class today, YET, Tomorrow, we will start with two pairs. GOLD/USD "Spot gold" or XAU/USD using the weekly to daily and My first FX love "CABLE" or GBP/USD using again ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 19, 2013Hey ALL, Here is a great email I received yesterday while I was out from "beeb" or Ben from CoghlanCapital. Unfortunately due to his "commercial member status" he cannot post in non commercial forums, but we chat often and I always share his work ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 18, 2013Let me honestly tell you from a person that used to deal ONLY in PHYSICAL METAL, LEARN THE H I G H E R time frames first, IE: Daily ---> weekly -----> then to H4. I base ALL trades off the weekly, yet the daily and especially for shorter term ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 18, 2013Yet It's certainly a possibility that the price will remain highish only temporarily, yet I wouldn't count on 1180 unless it's firmly below 1225. Keep in mind there are more factors at hand here weighing on gold than the USGvmnts laziness. If the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 18, 2013It's friday.. sometimes they are volatile sometimes they suck and are hardly worth trading. So far the gains have been pared and there is only a bunch of FOMC members BS on the board for today... Today the range should likely stick around 1315 - 25 ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 18, 2013This is going to take some time and my connection is awfully slow ATM for some reason. Weekend will be better. I have some specific trades in mind.... ------------------------------------------------------------------------ Right now we are in a ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread