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Vachus replied Jan 23, 2014Does anyone knows, what happens when Gold diverege with Sliver ...! I kind of understand that Gold is a metal leader and Sliver is kind of begging it , but someone i'm not comfortable with Gold rising and Sliver falling. I'm thinking to short Gold ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Vachus replied Jan 23, 2014So, FFleo is it a bearish engulfing or i still need to read the technical analysis books ?! ...
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Vachus replied Jan 23, 2014Its the QE speculation .... trust me on this one! * The only move consistent with the current Euro move is the 30 years note ... they almost started at the same time and moving together in the same direction ! For people who are finally hoping for ...
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Vachus replied Jan 23, 2014I know it sound biased and i have no explanation ... but i have never been convinced of Gold short setup as if of today! * Anyway, to take it step by step: I will see how my 1261 short will be doing ... sliver is reacting strangely!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Vachus replied Jan 23, 2014One pip above 1.3698X is all what is move is after ... after this one pip is printed, the bears will have their chance of deeper retrace!
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Vachus replied Jan 23, 2014Me too , but just in case someone is looking for a counter ... this is pretty much the top !
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Vachus replied Jan 23, 2014You can have your shorts now ... ( But keep it on a very tight leash , don't risk more then 5 )
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Vachus replied Jan 23, 2014If someone interested, Gold is about to create a fake out break at 1260... * Bears should be such a party spoliers ... you had ur days, let the bulls have theirs! ( This is a fair game , Karama is watching )
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Vachus replied Jan 23, 2014Our Lesson this week is : Its not a bearish engulfing .... ITUS ( I told you so )

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Vachus replied Jan 23, 2014I think stops inside a range are quite useless ... the range is too big to consider where things will go wrong or right ?! I'm just looking for price to dip towards the yearly low, then watch what happens there?! I also have support on Sliver 18.6X ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Vachus replied Jan 23, 2014Good luck , but i prefer to wait for 1260 to be taken out during liquid session for confirmation ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Vachus replied Jan 23, 2014I'm still on Gold short side , selling 126X and looking for gains towards 1200 ... i won't use a stoplose on this one, i'll hedge it with Sliver longs if necessary.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Vachus replied Jan 23, 2014Same here ... but i will be surprised if it actually make it there! ( There is too much red data today )
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Vachus replied Jan 23, 2014Its not like i'm desperately trying to buy ... its the weak selling candles doesn't look like a sell !
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Vachus replied Jan 23, 2014The last decent selling week was on October , when markets started speculating a rate cut .... after that , it was all buying & retraces!
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Vachus replied Jan 23, 2014I hardly believe / see any evidence of this move been driven by data release ... if you gonna cite data as a reason for moves, then " selling the Euro / buying the dollar isn't really a good case ". image
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Vachus replied Jan 23, 2014The rally is genuine ... The German data either participate in the move up or simply slows it down!
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Vachus replied Jan 22, 2014It would be nice if we do the 1.352 while we are near ... but not taking it short !
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