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- 39 Results (1 Thread , 38 Replies )
- narafa replied Mar 23, 2017
Anyone today noticed the stop sell orders hunt which happened in Gold? Was mainly between 1,242.50 and 1,244, the one that happened around 11:00 to 11:30 EST. Interesting to know if anyone here who was having a long gold position got stopped out ...
- narafa replied Jan 25, 2011
It's really amazing how the silver price behaved since this hype started circulating on the internet and on YoutTube... Typical Contrary Opinion clear example.... Looks like JP Morgan is not going bust anytime soon Regards, Nader
- narafa replied Jan 24, 2011
Well, I slightly disagree....It depends on the timing....At some point in time, the all time high of gold was just $850...When it broke above this figure, it was making an all time high every single time and it continued to do so for another ...
- narafa replied Jan 20, 2011
Today was a bloody day for silver....It dropped some $1.325 per oz.... Again I am not saying this inducing anyone to take any positions, either long or short....I am just warning to strictly question the "Buy Silver, Crash JP Morgan" hype which has ...
- narafa replied Jan 20, 2011
Man, GC is not extremely liquid??!!! What are you talking about??? It's the most liquid gold contract around....Average daily volume is between 170k to 200k contracts...You just need to look at the correct contract.... For example, the most liquid ...
- The "Buy Silver, Crash JP Morgan" Hype
Dear All, I recently came upon a signature of one of the members saying "Buy Silver, Crash JP ...
- narafa replied Mar 16, 2008
An excellent post....I totally agree with you..However, I believe that what actually happened is that both happened....Both gold price rose and the unbacked fiat USD declined in value at the same time... To get a real feeling if Gold, Silver and Oil ...
- narafa replied Mar 16, 2008
I totally agree with you about the ratio, although conservatives usually take it at 20...However, since everything can happen, in order for this ratio to become true, it is not necessary that Silver goes up to maintain the mentioned ratio...Silver ...
- narafa replied Mar 16, 2008
There are position limits man...Plus Silver itself was manipulated once in the past and investigations were run and the manipulators were hardly punished...You can trade Silver without worrying about this issue ... Thanks, Nader
- narafa replied Feb 23, 2007
Don't forget short sellers...It's not only a matter of inventory, it's a matter of short sellers backing off as well... Thanks, Nader
- narafa replied Feb 13, 2007
Higher demand & lower supply for gold cause the rally of course...It doesn't matter what was the reasons that made people buy, after all they bought & prices rose like that... According to my Elliot wave counting, the move from $603 started a wave 3 ...
- narafa replied Feb 10, 2007
It seems that the previously mentioned bottom zone of the $600-$610 was the real bottom. I was intending to go long at $604, but dummy me, I changed the price to $596 instead & of course I got nothing... Wrong call = Lost Profit Opportunity... ...
- narafa replied Jan 25, 2007
With all the due respect, but there will be no possible Israeli attacks against Iran simply because Israelis will fear failure & scandals as it happened in Lebanon with Hezzbollah...Of course it is a different situation, but anyway, this is not a ...
- narafa replied Dec 21, 2006
I am with you on that....I believe that the bottom of this gold correction should end in the $600-$610 zone... Currently flat and going long in that zone.... Thanks, Nader
- narafa replied Dec 6, 2006
I don't usually post my trades, but I have to post that I got myself flat in my gold position today at $644.60...Expecting a pullback to the $610-$615 range, that's why I exited & waiting for the pullback to complete and I will buyback once again... ...
- narafa replied Nov 13, 2006
I agree with you..The failure to continue the rally established yesterday created a bearish tone over the market & shall spark profit taking...If the market failed to rally during the next 2 sessions to new highs, I think we shall be seeing a deeper ...
- narafa replied Nov 10, 2006
I can see very strong momentum in gold & silver...Although I am long gold futures and long some call options on gold stocks, I got surprised by the momentum...I was also expecting a pullback towards the $600 mark for the Dec 06 future contract which ...
- narafa replied Nov 1, 2006
You missed it out this time Iso...Dec gold is at $620 right now and Feb 07 gold is standing at $626...Nothing is confirmed yet, but the price action today is for sure a positive signal... BTW, I am back to my long gold positions 2 days ago... ...
- narafa replied Sep 27, 2006
Does these patterns take into consideration todays' price action?? What if Dec06 gold closed today above the 605, would it still be bearish or what? In my own personal point of view, I think that if gold closed today above the 605 level, this will ...
- narafa replied Sep 13, 2006
I agree with you on that for sure...I myself was one of who went long silver when it broke $13 (Dec future contract I mean)...On the very next day silver rallied to $13.350 but failed to finish the day on a strong upside and closed at $13.150 or ...