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venzen replied Nov 16, 2013talking about miltary intellgence, here's a philosophical braintwister that typifies the Bush era: Donald Rumsfeld: There are known knowns; there are things we know that we know. There are known unknowns; that is to say, there are things that we now ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 16, 2013
enjoying these. It's just gone noon in Thailand, so on the 3rd cup of coffee and laughing with you: Microsoft Works! That's a favourite in the Linux community - i tell ya!
Was mapping out triangle scenarios while you were posting ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 16, 2013hi XTrade, I get what you are saying about the reaction low vs the nominal low for this year. Perhaps I didn't explain clearly what I was seeing from the charts: There is an empirical rule that has been established in EW that, following an extended ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 16, 2013We know the proposed structure cannot be a diagonal because it is contracting without advancing the prior trend, so that leaves us with a potential triangle. Note (in the diagram) where a triangle's internal 5 waves start - not at the initial high ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 16, 2013i'll label what I can but so far there is only the a-b-c of a potential triangle. i will post later in the day since it is early Sunday morning where i am and weekend analysis requires rest.
note in the diagram i posted which side the PA enters a ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 16, 2013It is possible to draw TLs above and below any sideways action and it may approximate a triangle. However there are 2 distinct structures with similar PA patterns (but different functions) namely "diagonals" and "triangles". They have specific rules ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 16, 2013hi all, well never a dull moment with BTC! and price reaching for the moon - it's going to come down hard when the profit-taking starts, but when? $500, $499? $750? Probably crash MtGox servers again like last time! I'm watching BTCUSD head for ...
Bitcoin technical analysis
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venzen replied Nov 16, 2013At first glance, yes, it looks like a TL bounce, but look on the left of your chart - there's a similar setup (only smaller) and PA dropped from there, so more analysis would be needed (and at a smaller TF) to confirm this is a reversal of tradeable ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 16, 2013not sure what you're describing, please draw the triangle on a chart so we can discuss
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 16, 2013hi Xtrade, Hope you're well. Thanks for your post on the topic... it is very interesting and the way you have presented the facts shows that there is not an established "singlular" relationship. The market vectors acting on Gold and Silver are ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen commented Nov 15, 2013yep, it's not for eating... S&P highs are made in a bear market rally sustained by QE steroids - the patient is actually in a critical condition and even just one missed shot will show where stock prices really should be. some say: "Hahaha! all you ...
Billionaire Paulson Sticks With Gold Wager as Prices Rebound
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venzen replied Nov 15, 2013Silver demand growing url
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 15, 2013hi seaman2, this is feasible in the coming weeks/months, but like XTrade has pointed out: right now Gold is slowing down in a consolidation phase... this particular area (1250-1375) is highly contended by bulls and bears if you look back since 2011. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 15, 2013Archer, thanks for replying with some more info. I also read somewhere that there is an EW relationship between the two and will try to find out more and will post here!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 15, 2013sure, but what's your reason? and down to where? it goes up and down everyday! i ask because this is an analysts' forum not fb...

XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 15, 2013does silver lead gold? i didn't know that? is there some proof of this idea, coz that's strategically valuable
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen commented Nov 14, 2013i like ZH but also know the self-righteous zeal with which they grab at imminent systemic failure stories - especially when concern is expressed by collaborators in the global economic mess. As long as I can remember there have been doomsayers ...
Citi Warns "Fed Is Kicking The Can Over The Edge Of A Cliff"
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venzen replied Nov 14, 2013edit: here's a good article that describes what i mention below: url gold will rise, but Bernanke is not out yet and there is still the spectre of imminent taper. The market seems to be expecting some form of QE reduction in Dec and again in March ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 14, 2013hi pipcenturion, like you say, the 1290 level is putting up resistance but PA has now attacked it twice and broke through twice, to me that means it's only a matter of time until it gives way... edit: or put another way: it's no longer resistance ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 14, 2013starting to feel very insecure holding a long in this PA... each retracement is getting stronger and deeper in relation to the preceding wave!
XAU/USD & XAG/USD - Gold & Silver Traders Thread