- Search Metals Mine
- 123 Results (122 Replies , 1 Comment )
- Tsotsi replied Oct 23, 2012
Another down leg? — I'm not usually up at this time of the day. However, I shall close the long position and look for a short opportunity if PA closes below both the Daily Pivot and lower boundary of the Congestion Break Out at 1724.55 on the ...
- Tsotsi replied Oct 17, 2012
Interesting move — Never seen anything like this. On my favourite 15 minute chart, the bears sliced through the daily open, monthly pivot and daily pivot only to loose steam and start retreating again, giving into to the bulls, all in less ...
- Tsotsi replied Oct 15, 2012
Harvest time??? — Holy cow! Is anyone keeping track of the spot gold volatility? I bet, someone somewhere's got to be making a bundle harvesting stop losses. I don't have statistics but my personal observation is that Tuesdays can be very ...
- Tsotsi replied Oct 14, 2012
Soweto - so where to now? — Still early in the evening EST. Price action has broken below the monthly pivot on the 1hr chart but is still above the 200 MA on the 4hr chart. It looks like the bears are trying (note: trying) to take charge as ...
- Tsotsi replied Sep 8, 2012
Thanks — Very interesting, thanks XTrade. I don't know much about the political side of financial markets in the USA. Do you know any special reasons why QE 3 might not happen until the election in the USA? Or is it just QE 3 might be a very ...
- Tsotsi replied Sep 8, 2012
QE 3 — Am I right or wrong for thinking that QE 3 is being or has been "priced in" quietly? Somehow I am beginning to feel that the much anticipated QE 3 might in fact hurt some traders expecting too much of a bull run on the onset of QE 3.
- Tsotsi replied Aug 23, 2012
No, I won't attempt riding this retracement/consolidation yet. Closed my long. Will wait and see how the housing data coming out later this morning plays out and then head out to my full time job in the transport sector.
- Tsotsi replied Aug 23, 2012
Good run — It's been a good bull run, 1663 might be a bit of an uphill task to breach. I use mostly the 15 minute chart. The US fundamental data coming out at 8.30am EST might bring some retracement. I am planning to close my longs if it falls ...
- Tsotsi replied Aug 20, 2012
Those spikes again!!! — It has happened again today. I have noticed some rather suspicious Gold and Silver thin market spikes happening in the second half of each month. We'll see how everything folds out in the next 48 or so hrs. Maybe it's ...
- Tsotsi replied Aug 19, 2012
There is also likely to be some disruptions in Zimbabwe's platinum mining activities. In any case, South African platinum mines own large chunks of shareholding in the Zimbabwean mines. I was born and raised in southern Africa and maintain several ...
- Tsotsi replied Aug 15, 2012
Yes, I agree. Nice observation, thanks for that, beeb.
- Tsotsi replied Aug 14, 2012
Daily chart — The daily chart referred in my post above.
- Tsotsi replied Aug 14, 2012
Double Top? — Does anyone see a possible double top forming on the XAU/USD daily? Looks like bears are in charge of 200 ema line (Red). I trade on shorter time frames but use the daily chart to look for momentum and market sentiment. Two ...
- Tsotsi replied Aug 3, 2012
Cone of confusion? — IMHO, I think we need a Daily close above 100 SMA to confirm the return of the bulls. Otherwise, I see the possibility of "spinning heads" - a fire sure indication of a market with no direction, forming on the daily chart ...
- Tsotsi replied Aug 3, 2012
Overnight session — The overnight seesion on my favourite 15 minute chart. Note how "somebody" let out the bears 15 minutes just before NFP. That's the reason why I prefer standing aside in days like these.
- Tsotsi replied Aug 1, 2012
Back down to 1580? — It's cutting through Daily 100 SMA like a red hot knife on butter! If it closes below the Daily 20 SMA then I'm targeting 1580ish and perhaps leave one short open for a 1565/70ish target. Otherwise, I'll tp and stand aside ...
- Tsotsi replied Aug 1, 2012
Tricky week — I don't have any longs myself. just loaded some shorts @ 1607. My short experience has taught me that a month-end week, with ADP, NFP, FOMC plus UK and / or EU interest rate reviews can be very unpredictable. Guys can end up ...
- Tsotsi replied Jul 29, 2012
Slowing down? — I get the feeling that we need strong fundamentals to challenge and stay put above the daily 200 EMA line. Or may be it's just a small pull back, I don't know.
- Tsotsi replied Jul 27, 2012
Waiting??? — It looks like XAU/USD will remain flat until after the US GDP @ 8.30 EST. Yaw-w-w-n.
- Tsotsi replied Jul 6, 2012
Thanks a million — Thanks very much, Donnyv.