Visionary, I learnt a while back not to bother with the trolls on here and have moved to private discussion groups with people on this forum and externally, rather than posting actively on the thread. I've also pulled my TE, however show it to ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The dip to 1340 makes sense to me to confirm the breakout. So we are on the same page.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I do. I would like to see it play out in a channel rather than a rally that will be met by sellers. Looking for Monday and Tuesday to be consolidation and retracement days to bring the indicators back to normal, and also to build a base for the ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Longs closed looking for a dip to 16.45 to go again.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I’m still looking for silver to be significantly higher short to medium term. My buy limit was hit last night on the retrace as we hit 16.37. Looking for at least a retest of the previous high, potentially an upside break if we have volume support ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Ah yep, thanks for clarifying. I too use a similar system, opening multiple positions to give flexibility to taper off profit's or losses

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hi Pipsy, have always wanted to know what you mean by 6x7? is that positions x lots? at 100:1 leverage?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

While I did not enter on the news tonight due to my buy in price target being 16.358 and we only hit 16.39, those who have entered on the rate rise = gold rise formula would have had a great time! Gold up 1.6% Silver up 3% at its peak The coiled ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Gold up 1%, silver up 1.9%. Has done as expected and doubled the performance so far. Let’s see if what happens at FOMC. I’m expecting both pairs to setttle back down now until the news.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I'm somewhat neutral to the move from the FOMC news.. but going by history of rate rises we see gold rally on the announcement of a rate increase 4 out of the last 5 increases.. in the past 2years. I will look to see how the price action plays out ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Axitrader or pepperstone are two that I’ve used over the years. Both have decent metals spreads. Some other brokers do better FX major spreads though

XAU/USD & XAG/USD - Gold & Silver Traders Thread

They are huge spreads. My spreads are $0.008 - $0.014 max. Typically hovers around $0.010

XAU/USD & XAG/USD - Gold & Silver Traders Thread

10 pips would be $0.xx movement in silver which would require... at a rough guess.. 177,500 lots at 100:1 leverage on a 5000:1 CFD.. To even OPEN a position that size, his account would need to have $12million AUD + margin.. Not saying it's ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I'm no expert on catching tops/bottoms, I simply use my indicators overlaid with support/resistance to make a judgement that I am comfortable with I've certainly been wrong many times and ridden drawdowns as we break to the next support/resistant ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Looking for buying opportunities below 16.30-16.20 region in silver. Downside potential is 15.8, upside is any mans guess.. not expecting an upside move until the big news is out of the way and the dust settles. leverage yourself accordingly to ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Great find, thank you for sharing! Note: Info and charts are ~20 days old

XAU/USD & XAG/USD - Gold & Silver Traders Thread

This will be interesting, I am long at 16.40 XAGUSD.. Hope we both catch a swing trade and make some $.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

No open positions. 1hr oversold, 4hr overbought.. ideal wanting to see the price rise over the next few hours to really push the 1 and 4hr into severely overbought territory. If this plays out I will look to short, otherwise happy to watch from the ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hi visionary, by risk do you mean SL? Or that a break below that number is what you see as a direction change?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Didn’t pull the trigger on the fresh longs tonight on the news.. anyone who did nice job, I’ll be sitting this one out don’t get greedy and hang on to it without monitoring the price action and indicators as we get near resistance points. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread