update to my last post...a friend of mine has informed that ic markets don't have this stupid practice any longer - i will try and verify this then update here... as regarding starting a brokerage to benefit members, i think thats an excellent idea. ...

Utopian Brokerage - improving the FX deal

be careful with IC Markets guys - I had a brief interaction with them some months back - saw what I liked on their web site and thought i'll open an account - went through the process of id'ying myself, etc - then I got an email asking me to deposit ...

Utopian Brokerage - improving the FX deal

[quote=kirkland;7379887] ...any docs on this indi - its got a million parameters

Only Gold!

[quote=kirkland;7379871] thx - will try that - i was only approximating visually, but i suppose gartleys need to be precisely worked out to be valid - this shud help...

Only Gold!

this is what i am seeing on m15:

Only Gold!

i am experimenting with gartley patterns lately and noticed a lot of mention relating to these in this forum. can anyone confirm validity of bearish gartley on xauusd m5 and m15 as of this morning, and the likely targets... thx

Only Gold!

hi all - first time posting in this forum Nitsan - your ability to pick direction is v good, using just some SMAs, especially the use of 300 and the 400. I was following your posts and noted that your calls were based on a 5 min period - however, ...

Only Gold!

technically, i will be waiting for the stochs to cross over upwards and both lines to close above 20 before taking a long (image below)

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

xauusd - here's my view for what it is worth (no TA or FA, just CA (commonsense analysis ) ...assuming market makers are accumulating buys, they would want to buy low as possible: so retest of 1249 and 1248 at least, maybe even lower if they can ...

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

"I have to say I am a Bit confused, - do you mean that you like the way gold moves daily even on slow days as opposed to EUR/USD and thus, you have switched?" yes! "I do want to remind you - if I am correct in what I am deciphering from your post ...

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

longer term adr xauusd around $19 but h4 atr hangs around $10 - if you manage to capture just 1 or 2 of h4 moves, ur day trading is done - that's y i switched to gold exclusively frm eurusd (that was boring) :-)

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

yeah, i know - can be elusive sometimes - patience pays, i suppose...

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

what do u mean?

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

OK - am taking profit on my short from yesterday 1241.91 (approx +$11) - reason: image below. context: my previous posts as quoted above. Will wait to reload short...no longs yet.

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

hi xt - no this is an offline chart (named m6 because its a non std interval on mt4) - the candle unit is price not time. its a 3$ range bar. my previous shorts were indeed scalps. this one i might hold on to longer or close early depending on the ...

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

image below looks quite bearish - hidden divergence preceeded by previous two divergent tops. trend changing? time will tell. meanwhile, conditions met for a short @1253 sl 1255.50. i think if it breaks 1256, will reconfirm up trend continuation and ...

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

corrected image below:

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

thx - yes i see how that wud be a nice play out - may be i will start doing that sometime with a very small lot to try out - just not comfortable holding trending positions while price retraces. thx fr the advc.

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

closed short at 1244.50 (+$5.50) and went long at 1246.00 closed at 1254.00 ($8) - waiting for cross over and dip below 80 level to go short now (ref image below).

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

yep. just play along and make pips despite their treacherous tactics, i suppose. knowing what they are capable of does help avoid pitfalls.

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