EUR/CAD — Have entered this pair with a long. All the pinbars and the massive confluence under the pinbar which broke earlier today just dragged me in. I am in a bit of profit. It is negotiating its way through the preceding bar highs and then ...

james16 Chart Thread

Too right beeb - but not gold. Doesn't make sense to me. I guess you can get it in the Channel Islands, maybe Isle of Man is also VAT free. But we are talking about smuggling it in so I won't talk about that any more.

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

Short USD/CHF - that makes sense. Price has been snaking down the chart. A pinbar formed confirming the resistance level created by the bottom of the previous swing low. Price has stuck slightly at 0.92 (BRN) Get and close under and it will "dump".

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

They look better than a can of Mobil Oil that is for sure.

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

Forgot my chart. Donkey head.... Maybe this is one for the pitch folk - any thoughts beeb?

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

Looks like AUD/USD is in a channel. It has just come off the BRN 1.04 which coincides with the upper channel line. Just sitting back from the chart looks much more likely price is heading south to the lower channel. What I would be looking for now ...

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

I happens to have this on my platform so it is tradeable to me. Just looks like has to negotiate a number of bars. But I see you have wedged the consolidation. Visually if it breaks the lower line it has broke out. Time will show us in the end

james16 Chart Thread

Ditto Ditto. Have a trading room and then slag each other off face-to-face (LOL). But really if I knew serious people round where I live I think something like that would be good. Exchange of ideas, trades....

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

Nice one beeb. I know sweet FA about this so I will certainly look through this stuff. If it is working for you then I believe there is something in it.

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

Gold pin — Here is a bullish pinbar from a some time ago in gold but it clearly illustrates things. The body of the bar is small relative to the wick. There is a long longer wick with the body at the other end. The body closes inside the ...

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

No you can't get in until the price action is confirmed. But the idea is you are not trading every few minutes. No the pinbar as such will not tell you when to get out. But I can certainly put up some charts explaining this side of the equation. ...

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

This is going down into a shed load of consolidation traffic. The question is where wouldn't you put the trouble area?

james16 Chart Thread

Ah from Nial Fuller's website. He started out with James16 and then set up on his own. He does some nice videos and posted some good technical information on gold in the past. This is the article Nial did. I do not agree with every circled trade on ...

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

AUD/CAD — Still doesn't know what to do with itself. Can't get under 1.0000 despite 4 bearish candles in a row.

james16 Chart Thread

Yeah XTrade indicated he was likely coming out of Cu and into Au. Not sure what the reconstruction in Japan is going to do to commodities like lumber and copper but at the moment as you say copper is not doing much.

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

Always good to get some profit in the bank. Move the stops up to B/E or higher and take the free ride with the rest. If I had a £2/point long. Took half the money off the table and moved my stops up hiding behind resistance levels on the way up, ...

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

This is the daily chart for silver as it stands. For those who are unfamiliar with Master or Mother Candles the horizontal lines on the chart might look odd. The MC set-up is the Mother Candle bar followed by at least 4 inside bars. Certainly on the ...

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

No problem. I agree I can come across like that. That is my failing. Never take it personally. I think I have a little understanding of your style, so if and when you have a dig at me I'll know its not serious. If in fact you think I'm talking s**t ...

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

@highlander2 My apologies for not looking back to your "highlander2's" username. No disrespect was intended. @beeb Highlander2 said the pinbar was in his favour and was reassuring. I stated it had not closed above the 1.38 level which is a ...

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

No problem beeb. You clearly know your stuff on the fundamentals. Respect. I will point out the technicals where i can and we can learn from each other. BRN is a big round number - like 38.000 is a big round number and so acts as a psychological ...

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