- Search Metals Mine
- 96 Results (1 Thread , 95 Replies )
- guitarjrb replied May 20, 2010
Thanks. I just noticed that the low of the day is 1174.93....you couldn't have been closer on the "1175 is the next stop". :-) 1175 is supported by a trendline drawn on the daily from january to april. I'm going to book profits if pa breaks above ...
- guitarjrb replied May 18, 2010
SL moved to +1.00$ letting it run from here.
- guitarjrb replied May 16, 2010
Close call on my stop Friday. PA is leaving me at break even at the moment. Still hanging on, i bounced my stop up .50c for this week to allow for volatility. I still don't really have a target, but would close 1/2 at 1170 and put the sl at break ...
- guitarjrb replied May 13, 2010
Short — Short at 1232.80 with a stop at 1251.35...no target yet.
- guitarjrb replied May 12, 2010
I've been out for a bit and come back to 1244.05! Hmm...don't know where to go from here, so I guess i'll head back over to the FX world for a while until I see any sign of topping in xau.
- guitarjrb replied May 3, 2010
I think it's ok as long as one is trading at major supports and resistances and managing stops well. Other than that, I try to trade with the trend. I specifically like to touch on fibo's which PA is currently resisting at. I might consider a short ...
- guitarjrb replied Apr 28, 2010
Should have pushed it up to 1146.50. :-) would have been a nice trade. I'm skeptical of the push up, so I'd sell a test of the recent highs 1172.50 with a tight stop.
- guitarjrb replied Apr 26, 2010
I'd consider buying at 1145 which would be a test of the resistance turned support trendline on the 4hr/daily
- guitarjrb replied Apr 25, 2010
Made a nice test on the above mentioned levels. quickly sold off, then rocketed through resistance. Nice! I don't have any view for this week yet. I don't expect much of a continuation.
- guitarjrb replied Apr 20, 2010
Nice bounce going on! I'll look to short at the daily tenkan which comes in at 1146.64
- guitarjrb replied Apr 19, 2010
Things are looking ugly on the Weekly and Daily charts of gold with the Ichimoku. PA is below both the tenkan and kijun. The weekly really has as far as $1000 to go before finding cloud support. The daily has support at about 1094.49 on the Ichi ...
- guitarjrb replied Apr 18, 2010
I'm not going to be of much help cause I don't trade futures. However, gold and silver can be traded exactly like fx. Many fx brokers offer both gold and silver spot markets, ie. XAU/USD(Gold) XAG/USD(Silver). Something to think about.
- guitarjrb replied Apr 18, 2010
1.3491 is the price. Oanda is tradable 24x7, i can't imagine they would survive with such price differences that have been posted the past couple of hours. If the broker is closed.....enough said.
- guitarjrb replied Apr 16, 2010
I'm seeing the same thing as you. I'd like to sell at 1147 or so. If not, i'll sell a break of the trendline which is almost exactly the lows of the day...to the penny. Only concern on selling the trendline break is the 1125 support.
- guitarjrb replied Apr 16, 2010
Closed all of my trades with the bounce off of the trendline drawn from the Jan highs to the March highs. Will resell up around 1147 if given the chance, else I'll sell a break of the said trendline.
- guitarjrb replied Apr 16, 2010
I'm just giving you a hard time tech. Anyway, I have several short positions in now...moving too fast to post. Dow is crumbling...so I guess I made some trades based on a fundamental factor. :-) Hoping for a good 11,000 break very soon. EDIT: When I ...
- guitarjrb replied Apr 16, 2010
that's hard to say...i traded based on a MA and fibs...current pa slammed into the 38.2 and stopped(a technical figure). I agree that fundamentals are important, but for the most part they are not a part of my trading. Fundamentally, Goldman's ...
- guitarjrb replied Apr 16, 2010
I'm assuming this move is because of the Goldman news. "Goldman charged with fraud" on CNBC.
- guitarjrb replied Apr 16, 2010
I set a 100($1.00) trailing stop on my position and it survived for 1500 pips. That's baffling! Basically, gold crumbled 15+ dollars without a single 1.00 retrace until the bottom. I'll resell a test of the 200 hour MA which is currently at 1155.37. ...
- guitarjrb replied Apr 16, 2010
Closed my large position at the 23.6. Holding my smaller position with the sl at break even. Time to do homework I guess.