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Zappa replied Aug 24, 2012Yeah, I'm bullish this pair too. I posted a call in the AUDCAD thread last weekend if you want my thoughts. I think we'll see some near term weakness in AUDUSD, but that should be off-set by strength in USDCAD. AUDCAD looks like it's at another low ...
USD/CAD
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Zappa replied Aug 24, 2012Why do you say we're going for .9800? Just because it didn't fly to the moon yet doesn't mean it's going down. Look at this weeks candle, that's exactly what we want to see here. I think there's a very good chance we take out the low at .9884 at ...
USD/CAD
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Zappa replied Aug 23, 2012The thing is I wouldn't be surprised at all to see 0.9884 taken out before we resume upwards again. That might not happen, but don't count it out.
USD/CAD
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Zappa replied Aug 23, 2012There was a tiny reaction and you are quick to call it a double top, that's the mistake.
USD/CAD
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Zappa replied Aug 23, 2012I wouldn't advise it. I'd wait until 1584 to buy, or 1760 to sell. 1584 has some easy stops to take, but 1563 should be safe. It might go to 1760 first, though, and it might not go to 1584 at all. Just look to buy there if it does.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 23, 2012Great job, ehrek! Might be some resistance around 1.0033-1.0060, but i don't think it'll last too long. Not much after that until 1.0250. This should be a good one to hold on to.
USD/CAD
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Zappa replied Aug 23, 2012This pair looks straight to 104.40 from here. Stop=98.25
EUR/JPY Trading Room
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Zappa replied Aug 23, 2012Anyone short this pair? I got it headed down to about 1.5550 from here. Should have topped out around its latest high.
GBPUSD
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Zappa replied Aug 22, 2012Closer look makes me think this trade not going to go so far. I'm bailing out at b/e.
AUD/USD
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Zappa replied Aug 22, 2012Alright, guys...XTrade, beebs, MuscledMike, all is good now. I appreciate the apologies and I can respect that a full explanation is desired along with every call in this thread. It was my fault in the first place. As for gold....looks good up to ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 22, 2012This pair's looking like a good short here at 1.0504. 1.0530 shouldn't be touched. Target is 1.0295.
AUD/USD
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Zappa replied Aug 21, 2012Let's put it this way, you coulda asked a little nicer without the "punt" comment and especially the statement at the end about ME knowing it all when all I did was make a call, as opposed to simply posting some tired analysis on a chart with "well, ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 21, 2012Did I mention 30 should not be hit?
Was a nice, solid rally off the low. That better be the low cause if it's not the next low will probably touch 30 and I'll be bowing out of this pair for awhile. I'm still more focused (in pos. size) in AUDJPY. ...USD/CAD
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Zappa replied Aug 20, 2012I mentioned in my first post here that I was not in a gold trade. I have traded gold before so I guess that makes me a trader of gold. In my next post I explained (admittedley brief---I actually WAS busy today with things besides staring at a ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 20, 2012Boy, tough crowd in here!! Silver tipped it's hand today and even though gold is only at 1621 I'm no longer bearish. Beebs is probably right, bullish is the way to go here. Good luck, guys.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 20, 2012No, I never said I was new to gold. I disagreed with your statement that gold is different than any other liquid market, and you came back with a condescending reply.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 20, 2012Yeah, well, we'll see here soon enough, Beebs. So you're long then, right?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 20, 2012Nah, all liquid markets act the same.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 20, 2012The way I see it, 1672 has been tested which means no need to return. The triple bottom around 1525 is overdone which means it'll probably break. 1378 was a test, but sometimes a market will take a breather when there is a large gap between the test ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Zappa replied Aug 19, 2012Hello, Kinda bored right now and was checking out a gold chart. Gold looks very bearish to me. My money's already tied up in other trades, but this market looks like a short here with a stop at 1672 and target at 1305. It should make its way to 1263 ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread