Well said XTrade you took the words right out of my mouth. I could not agree more.

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

When you are a real newbie you will believe almost anything. You believe in what you want to believe and much of that is based in fantasy. You often don't believe what is true. The truth isn't a good as fantasy often times.

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

I think this is a valid pitchfork 5 minute silver. Silver looks to be in "harmony" with it. That makes silver up. I am having my doubts as to how far with pull back will go. There was a webinar last night on James16. Someone asked about silver. Mike ...

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

Can you provide a chart as you envisage it?

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

I only bother with two threads on here. J16 and this. When Xtrade set the thread up there were some idiots who got banned. Lots of people saying this that and the other but with no substance to what they said. They were guessing. The thread has got ...

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

Will you put up a chart please beeb of this ABC

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

A lot of the pinbar stuff is counter trend. The pin bar represents a change in sentiment in the market. The thing that was not ideal about the pb was that the body did not close behind the big round number. James16 is the place to learn pinbars.

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

I thought the prophet said it would be $41.22

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

Wasn't aware Gann did work on pitchforks. Looking at this chap's previous posts it looks like he is a Forex prophet. $41 getting closer - BRN and fibs to jump to get over.

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

I would definitely recommend a bit of time studying Andrew's pitchforks. It might not be your cup of tea but it seems to be working for me and I have just started studying them.

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

Triple tap on the sliding parallel on the lower warning line of the fork. Boom she goes up and forms a pin bar on the lower parallel of the fork.

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

This is an interesting chart. I don't have a BEOB on my daily chart but here it is on yours. Break of the lower end of the BEOB is a strong signal for price to fall especially when it spans a BRN.

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

Fibtastic — My money is on price going for $41.00 today and then turning on its heels. The 23% and 38 fibs are at 41 bucks as seen. That BRN and two fibs in the way to price going back over $41

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

Looks like it has switched forks again. 1 minute time frame Standard Andrew's Pitchfork. On the 10 minute time frame my fork from last night is still working fine.

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

Pluto doesn't speech he just barks and sometimes sniggers/pants. video [/QUOTE]

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

Thanks beeb I have done a 1 minute one now. I am drawing by eye a bit as the platform doesn't do it automatically. I drew another fork last night - it fit for a bit but had another go and it seemed to suit.

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

beeb Have you got a second silver fork since last night which is directed upwards. Price is marching up yesterday's 10min fork. So I drew another.

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

No-one knows where silver will fall to. If the previous two minor retracements are anything to go by the bottom of this retracement will come down to the top of the last. So that is just below $38. Price had to come down at this stage, it was too ...

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

I have asked the question on the James16 thread. The answer will be This isn't really a pin bar. It is more of a spinning top. IF price closed beneath $40.00 it would become a pinbar with a reasonable pin bar wick but the bull trend is massive ...

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

SILVER — What do people think to the pb on silver IF it closes behind $40.00? Can't see any fibs but $40.00 is a very big round number. The bull trend is strong but price has tended to retrace to some extent on BRN's. Edit In the time I've ...

james16 Chart Thread