If anyone is interested and needs a little weekend homework Paul Coghlan has posted a free video on his site about forks...
http://www.coghlancapital.com/
enjoy
beeb
http://www.coghlancapital.com/
enjoy
beeb
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
Second Silver Margin Hike In One Week... Is Now Priced Inhttp://bit.ly/kYYEUG
It's Getting Plain Silly: MF Global Hikes Silver Margin To 175% Of CME, Or Over 10% Of Contract http://bit.ly/kjNhEn
JPM quadruples its eligible silver COMEX inventory from 30,844 oz to 141,436. Not one ounce is registered
DislikedSeems like 136 dollar chunk movement is an established dynamics on XAUUSD.
You derive the following if you use 136, all of those are important levels, if you check your charts.
1716
1580
Also this Friday strong options levels were seen in the range of 1570-1580.
"I think XAUUSD will tumble upon reaching 1580 area. Also I don't think it's a very brilliant idea to get in short at those levels, however buying dips seems to be a good strategy for now. "
I do believe that longer term uptrend is intact considering the technicals and COT reports, however [color=red][b]I...Ignored
Disliked
I do believe that longer term uptrend is intact considering the technicals and COT reports, however I think XAUUSD will tumble upon reaching 1580 area. Also I don't think it's a very brilliant idea to get in short at those levels, however buying dips seems to be a good strategy for now.
all I could tell you is that techniques I'm using were derived from 5+ years of running thread on Moneytec and collaboration with currencia/XT/Speculator and the private group of contrarian traders from Moneytec.Ignored
DislikedA bit lower than anticipated yet still in layered support range 1090 thru 1080.
Below 1080 I am looking to next support level at another range 1060 thru 1050.
However, there are some things cooking on the larger scale that should not be ignored....Ignored
DislikedBeep, can you use that fork on golds chart? I'm tired of Fibonacci, that fork looks really cool.Ignored
Dislikedhttp://www.forexfactory.com/news.php?do=news&id=292161
May be this is the reason why silver is not rallying...Ignored
Dislikedruff
i'm also looking at 1580/90 area for possible resistance and retracement - this derives from the coincidence of a couple of abcd's, one going back to late 2008. if and how much of a retracement will depend on the power of the continuing uptrend.
if you could share some of your techniques i'm sure it would be appreciated....
beebIgnored
Dislikedhttp://www.minyanville.com/businessm.../2011/id/34234
What does anyone think of this? A correction to $33. It sounds quite logical to me but I have to have the opinions of some experts here.Ignored
DislikedLong time no see guys, gold has been going crazy, ALL my positions got closed some willingly others not, the point is i need a new start to build up my longs, for now i am waiting for a retracement as big as it can be, at least 50$, to add some longs, i am all the way up as XTRADE (until 1800-1900, than i will trade gold more cautious,as it seems that we will reach those levels much quicker than expected).Ignored