i think it's a good idea

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

entered at 1786. when it reached 1796 i put a trailing stop and added another. when both positions reached 1806 i put a trailing stop on the second and added a third. when they reached 1812, trailing stop on the third and added a fourth ... then ...

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

image i'm tempted to short from here (1795-1800) but i'm not comfortable with shorting gold

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

IDEALLY, it should depend on the trader's maturity and/or his/her objective for posting. i myself would tell people what my positions are in hopes of some criticisms or arguments from others. for me this is an effective way of learning the ropes. i ...

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

i agree. thanks for posting your insights. the whole exercise of exchanging arguments regarding gold helps us newbies learn a lot. it's nice that you are being very mature about it. thanks again

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

lol back in May or even earlier a 30 dollar swing is a NFP move.

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

at some point people who invested in gold need to take some profits if not partial and yes we have been seeing this. but after these profit taking gold has been always aggressively bought back. these are some of the reasons why i think gold cannot ...

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

image my fibo fan from days back. 38.2% seems to be holding quite well with a lot of attempts of conquering it. it also serves as the lower part of the gigantic bullish triangle forming. blue lines are drawn to show the triangle.

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

ok i'm going to do that and rage on you when i lose $$. haha! just kidding. i get what you mean. i do consider the advice given by peeps but also take full responsibility for acting on them it's weird that i see some blame others for ...

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

yey!!! you're back!!

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

yeah i guess you're right. just researched it. probably it's just me, frustrated, trying to make sense of the market lately.

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

image looks like a diamond top formation. not sure if i plotted it correctly

XAU/USD Spot Gold

image not sure if i plotted it correctly. looks like a diamond top formation.

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

my understanding of fibs came from reading the book, "technical analysis of the financial markets." it's starts with understanding the dow theory and progresses towards the elliott wave. it's pretty simple in my imo. you don't even have to read ...

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

yeah, and to add to that.... having the BALLS to trade your prediction is a totally different story i made a lot of good predictions in the past. but only traded a few of them

XAU/USD Spot Gold

fact of the matter is no matter how good you are in interpreting market economic conditions/events price action will always determine if you're right or wrong. price action is fact. charts are based on price action. if you are so sure that the price ...

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

image

Gold and Silver Daily

nope i'm not going to sell into this. see post #9918 . technically for me it seems it's going to drop. fundamentals seems to favor gold to rise (india gold buying season, ramadan gift giving, china... nfp's big fat 0 to name a few). better to ...

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

oops sorry. my mistake. this is a FIBONACCI FAN. i'm not sure if it's also called diagonal fibo

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

i not sure what you are exactly asking but here goes... a: i think it's cool because fibonacci is cool, he's a genius! the diagonal fibo just fits perfectly on the daily chart. the drop to 1702 hits the 50% of the diagonal fibo. the drop to ...

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