Smoley, I use Forex.com MT4 UK...they allow hedging and have a .55c spread during liquid times. 200:1 leverage also. I am very pleased with forex.com

Gold techniques, systems, and individual trades

Didn't have time to post this in realtime but I entered two shorts at the consolidation around the 100 hour SMA. Price just broke the 200hour SMA. I would like to see a cross of the 100 and 200 to confirm a medium term downtrend. Hanging onto my ...

Gold techniques, systems, and individual trades

You nailed it speedster. It's looking like PA's going to bounce off of the trendline at the moment. Personally, i'd like to see it break down so I can begin selling rallies again.

Gold techniques, systems, and individual trades

I just pulled up the bloomberg DXY...this chart will be more than sufficient for my needs. Thanks, i'll add it to my toolbox. Being as I stopped out earlier with my dumbly tight stop, i'll have to wait for a rally or a significant break to short ...

Gold techniques, systems, and individual trades

I understand the usage of DXY, but I usually have most of the USD pairs open in my broker anyway....basically is DXY. :-) I usually have my DOW ticker, Oil Chart, EUR/USD and EUR/JPY open when trading XAU. The correlation of these to xau are very ...

Gold techniques, systems, and individual trades

I watch the DOW like a hawk(especially the futures overnight url ) . I also keep this up url for obvious reasons.

Gold techniques, systems, and individual trades

Erased all my gains...stopped out, then price action crumbled just as I expected. lol Love the forex/commodity market!

Gold techniques, systems, and individual trades

Got my stop...now watch it crumble from here. hehe

Gold techniques, systems, and individual trades

Nice charts and thanks for the good analysis. I'm a little confused though. Are you bullish or bearish in the moment? It sounds like you expect a decent pullback then a bull run...is this correct? Your previous posts about the SPDR kind-of sounded ...

Gold techniques, systems, and individual trades

lol...for some reason, I posted in the wrong, but yet right forum. So when I mentioned "previous analysis" you have to look in the other gold trading forum.

Grashid- Gold Analysis

Thanks for the insight....but....I trade what the market IS doing, not what I think its going to do. If you go back through the thread a bit, you'll see that us people are doing quite well and I personally don't have any use for fundamentals in my ...

Gold techniques, systems, and individual trades

I hope so. :-) As long as we can chew through some of these fibo's. Right now it looks like we're getting a little bounce....however, we are well below the 100hr SMA. I took these trades on a spur of the moment last night before bed. I don't really ...

Grashid- Gold Analysis

Here's what i'm looking into this week. My previous H&S has obviously been negated, in the process, there is an inverted H&S on the daily chart that targets a test of the all time highs. Given that, i'll consider buying a test of the neckline at ...

Gold techniques, systems, and individual trades

Your analysis was very close...within a few dollars! Very nice, too bad I keep looking to short, else I would have been able to make a few $'s an oz by following the trend.

Gold techniques, systems, and individual trades

I stopped out this morning on a short I had floating from overnight that I wasn't able to post about. I am now in buy the dip mode. The next trendline resistance is up in the mid 1130's and it looks a lot like a bullish breakout of a flag on the ...

Gold techniques, systems, and individual trades

I missed my entry at the upper trend line that's plotted on my earlier chart....that's what I get for not sitting in front of my comp all day right? lol. I'll hit the short button if it pushes upwards again around about the 1118 mark, else i'll hang ...

Gold techniques, systems, and individual trades

I don't really know...too much indecision in the market, so i'm staying out until I see a clear direction. I'd buy a test of the recent lows of 1085 or so though.

Gold techniques, systems, and individual trades

Back in business this morning. Its starting to look like its going to test the upper trendline on my previous chart. The shorter term one appears to have been broken, albeit not much follow through yet. I'm still going to look for better prices to ...

Gold techniques, systems, and individual trades

I assume this madness was because of the Greece bailout deal? I think i'm going to watch a while to see what direction we are headed before entering anymore trades. I have attached my complete mess of a chart that makes sense to me. lol. I have ...

Gold techniques, systems, and individual trades

I glanced over at my computer and thought..."Holy crap! I'm glad I closed the 500oz short." Price slammed right into the next fibo i have on the chart. The next one in line is at or about 1120-1121 in which would be my next potential sell point. If ...

Gold techniques, systems, and individual trades