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XTrade replied Oct 17, 2013I don't like to tell people what they should or should not do, YET - I will always give you what I would do based on your goal. What is the entry and what is the target. ------------------------------------- Also for position traders "trend" is a ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013If time keeps dragging on sideways as it has the major bearish line of concern will simply be rendered invalid, just the same way my inverse HnS was. These are not sustainable long term TLs. - notice the bounce of the major #1 UTL in my chart in ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013For what reason do you expect this? Technically I don't see 1215. Fundamentally I see no support, but please enlighten.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013SPOT GOLD from WICK TO WICK High and low. ie: 1920 to 1180 daily. Take a look at 50% fibo.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013chart to follow. In reference to these past few posts.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Deduct a 20 off the top and add one to the bottom cause the wicks were the highs and lows and we get 1900 to 1200 = 700 USD range. Split that in half and we have 350. Simple way as I see to approximate if the price is average, low or high, Take the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Cheers! Good trade. There is the apparent potential now on the charts for this new low and the previous lows in the 1260/75 range to essentially create a double bottom. Yet, as they say we will see.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Not to mention if I remember correctly the origin base price area at the INCEPTION of this thread was the LOW 1100s, since that time and all the posts accrued we have gone NORTH to 1920 and south to 1180.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Sun, If you had taken the time to read and actually LISTEN to what I was articulating you would realize I was referring to a CHANNEL WITH AN ORIGIN IN 2008 IT WAS NOT until well after 2011/12 that the channel GOT BLOWN OUT topside resulting in a ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Where's the fellow with the short from 1313 or so. WHAT DID YOU DECIDE?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Take a look at April 15th (I think 15th) of 2013 or just the down move that occurred then. I'll have to pull the chart to further articulate this. Unless you have it/
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Yes, jay I am well aware of it and it goes as such "it's always the Stairs UP and the ELEVATOR down" This is especially true in a usually respectful support and resistance and especially FEAR driven market such as gold. My only point here is that ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013If the price were to have moved recently any where close to the way it does when it falls on nothing, no techs no fundies, Say 75 + USD I would certainly say someone beefing up the price or "manipulation"
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Look back to the days when the 2008 northbound channel broke out topside and the price was soaring to high too fast. It's all here in the thread. ---------------------------------- As of late there have been no screaming upmoves that would warrant a ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013If you have the timing down PAT, and you can get filled at nonexistent lows by market then get your TP hit with an order I would play that game every week!!!!!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013First of all. Not every one here by any means calls manipulation on every dip. If you HONESTLY don't think that at current Gold and Silver (silver has been inside 21 for practically weeks) are not artificially toyed with IDK what to say. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013WOOOOOWWWW. That is a riot. That price never existed. I wonder if you had a buy stop down there they would have filled you, I HIGHLY doubt it...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013yeah tell me about it.... wtf is right.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Personally You could TRY and get out by days end if the price doesn't take out 1325 (here you would already be over a 10 USD loss move) it will likely fizzle out between 1310 and 1315. No if more negative US "news" not sure what to call it, such as ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Oct 17, 2013Sorry heres the chart for the above post. as you can see this is global spot. not from a shady FX broker....
XAU/USD & XAG/USD - Gold & Silver Traders Thread