sorry no chart - i'm traded all out of mojo! Been at my station since Tokyo open... but no need for a chart - those are just measurements and stated as such. If you're familiar with EW you will recognise those as an auspicious set of ratios - if ...

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

Hi KADC, thanks for your posts today - I was reading but did not reply to them individually, knowing (believing) we'd reach this juncture at some point. I also entered long 1308 by my rulebook but it seems this initial obligatory entry is about to ...

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

Well, Buddha be praised! Things are looking good for us: 1) Wave 2 has struck 50% retracement of the prior advance (62% is better, but 50% is acceptable) as well as the 38% retracement of the July/August advance 2) internally to the last impulse ...

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

morning all, Haven't caught up with new posts yet, but before i begin reading here is a useful link... whilst looking for a ready source for Pivots I came across this site: url Some may know it already and some of you may have other means of ...

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

nevermind... entering at 1323 is brave since such a small trade increases your risk - PA can get unpredictable and volatile near the end of moves - especially when it's straining like that. But all's well: you should have bagged some pips!

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

hi Gold-lover, This may be the end of correction and start of a new wave up. It MAY be but I think another wave down is needed to fulfill the requirement of 62% retracement of the prior 1st wave up from 125x to 1362. I'm not even sure downside is ...

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

beautiful PA rare to find these on the chart - they're good points to extend Fib fans from image image

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

boy, talk about trepidation and every ounce of effort to reach 1319.x ... i hope gold doesn't rip a sphincter muscle in the process....

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

When you can make this same post off the weekly chart... now THAT'll be cooking on gas!

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

Gold seems to be zigzagging down to the low 1319.x area - really slowly... lots of confluence there: fibs and daily S2 and longterm TLs... I guess when it hits the zone it will reverse and head up to at least 1330 (or 1350 much later). After that ...

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

great idea! every "PM & ammo" patriot will dish out for those, for sure thing is: after mowing down the zombies you'd have to recover the casings AND the bullets! But when you're not unloading silver clips in Mad Max tomorrow-world, you can trade ...

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

Thanks for your analysis PT. I see the S&P has 5 waves sticking in the air like a sore thumb... and a thin red line dangling off the end. a 4th wave perhaps? Or is it the beginnings of an A wave?

Sultans of Swing

some confirmation: E-Mini SP500 Daily Chart And The Impending Bear Attack!

Sultans of Swing

Good profit there if you want to take it. "Hope" is a notion with much positive connotations, but in trading it is a counter-productive mental state and a warning that one does not have any idea what PA is up to. The fact that you're "hoping" is a ...

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

I think so... perhaps the TE is converting Moanda "units" to lots and hence numbers like 0.000018

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

S/R and TL are the foundations of analysis so you cannot go wrong with that! Give Fib ratios a spin sometime - they reveal the "genetic code" of price movement ("ooh! you don't say!"). It's true, I swear it. I like the Tux picture too, but then I'm ...

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

I realize I've been "pressing the issue" with 1310 and it's because of all the confirmations that suddenly came together when this ending diagonal formed in the past 3 sessions. Here is what has gripped my attention (forgive the EW jargon in the ...

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

thanks Rf7. Your target makes sense. I take EW's 62% retracement guideline as just that: a guideline - sometimes it's 58%, sometimes 70% but that general area is where we're heading if my count holds. As it strangely works out, 62% retracement ...

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

Hi XTrade, Hope you're well. About to read your posts but thought i would answer this one quickly: Its true what you say. They have "units" instead of lots. So with Gold, for example, you can buy 1 unit for about $26 margin and the $/pip on that is ...

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