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- Vitallica replied Feb 2, 2018
I stand corrected!
- Vitallica replied Feb 2, 2018
Very nice call.
- Vitallica replied Feb 1, 2018
Good to see you back. I assume the position you are taking is of a shorter term nature consistent with the USDX and EURUSD short term chart action. I understand that most people here focus mainly on technical analysis, but I suspect the increase in ...
- Vitallica replied Jan 5, 2018
In the recent months there has been an inverse correlation between the peaks and troughs on XAUUSD and BTCUSD (probably because the same investors participate in both). BTCUSD just moved up USD1k in 3 hours, we might anticipate a decline in XAUUSD. ...
- Vitallica replied Jan 4, 2018
Same call, still short XAUUSD @ USD1,320; long USDJPY @ 112.50; short AUDUSD @ 0.7840 and finally short EURUSD @ 1.2065. My trade horizon is two weeks, my margin level is very high, my prescribed hedge points have not been triggered. If I turn out ...
- Vitallica replied Jan 3, 2018
I agree, the trade and pending trade positioning indicator offered by some brokers has not been a reliable trade mechanism. Unfortunately it is not just about the crowd being wrong, for many who cannot access true ECN brokers, spread flexing and ...
- Vitallica replied Jan 2, 2018
Nice call, maybe a touch less ego might be nice... I agree with the technical analysis by Triggerha and atom3. The strength in gold has been largely driven by USD weakness not geopolitical issues. A weaker USD was required to entice the major US ...
- Vitallica replied Dec 11, 2017
I have 188 trades on Bitcoin, of those I have lost money on 9 and all of the lost trades were where I shorted it when I was quite sure all the technical indicators confirmed the momentum was finally fading. Exercise care with any trade, but if your ...
- Vitallica replied Dec 3, 2017
No problem. Take it easy enjoy the ride.
- Vitallica replied Dec 3, 2017
Just exercise some care here, the media are trying their best to herd people into defensive positions. This one has been replayed about 4 times now: url This one resurfaced again after being ignored last week: url
- Vitallica replied Nov 26, 2017
I am not sure XAUUSD has escaped the trading range yet. In the 30 minute timeframe it moved up nicely only to stop out at the London price fix from Friday ( url ). The JPY as the other so called safe haven trade looked promising and it seems to be ...
- Vitallica replied Nov 26, 2017
I have no directional bias, I just look for volatility. I went through two difficult fund raising exercises for gold projects in Australia, trust me the investment community don't see gold up for a very long time, their focus is on commodity metals ...
- Vitallica replied Nov 26, 2017
The gold standard was abandoned for a host of reasons, not least of which was related to the fact that at the time a large amount of the mined gold was in public circulation. The rarity of gold should have translated into a high value, but the ...
- Vitallica replied Nov 26, 2017
I must admit I have had similar views on the manipulation of the gold price. Like some people have posted before on this thread, we are stuck in a narrow trading range that has persisted for years. This weekend I have been long on Bitcoin in a full ...
- Vitallica replied Nov 23, 2017
The paper (or probably digital since no paper even changes hands) gold and silver markets are massively larger than the actual commodities, and central banks simply store their physical holdings, so pricing is really just a market concept. url ...
- Vitallica replied Nov 17, 2017
Apologies to the XAUUSD & XAGUSD thread users for posting about Bitcoin, I won't again. I posted the link to the main source of my understanding of Bitcoin Gold on the Bitcoin thread ( url ). I understand that it is now live according to Coinbase, ...
- Vitallica replied Nov 17, 2017
You are right, I made a premature assumption that we had escaped the malaise of the narrow range.
- Vitallica replied Nov 16, 2017
A few more and you will be rewarded! S&P futures tanking, so we could be in for a reasonable move, not that XAUUSD and SPX500 necessarily always move inversely.
- Vitallica replied Nov 16, 2017
It looks like there might be some life in XAUUSD and XAGUSD yet, tentative upside breakout budding. I noticed the spreads widen considerably with both brokers I use, so maybe something big is in the works.
- Vitallica replied Nov 16, 2017
I would like to see that strategy in action, I thought the risk-reward ratio might be a stumbling block. I am still waiting for the whale trade on gold. I usually break my trades into 10 parts, and I have started a small position build with 4 longs ...