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XTrade replied Jun 7, 2011Don't get me wrong. Catching a 3.00 USD move on silver is a Great day trade. You will make money. I'm just commenting on the fact that it has only just started to move in the 1.00 USD Plus range. The summers can be slow for metals. So we may not see ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 6, 2011What are you trying to say here sir? I am unclear. I do not believe FXDD metatrader accounts are STP. I will look into it. Nothing in the conversation posted is clear either. I have a live account with FXDD and FXCM etc. And there is a HUGE ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 6, 2011Welcome ShirleyLo. Silver has only begun, after the breach of mega resistance and perhaps unwinding of massive COMEX shorts to move over 1 usd per day. Look at some older charts to familiarize yourself with it. You'll see what I mean. A 1 USD move ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade commented Jun 6, 2011Well Aussie just tanked. 60 pips. Still the best rollover around.
Australian Interest rates likely to stay on hold, but pressure is mounting
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XTrade replied Jun 6, 2011I see what your saying - But H1 looks like a lot of noise to me. Maybe we need a test of the TL......[QUOTE=suirad;4668783]precisely respecting upward trend line, Longs at trend line or if price breaks trend line, Longs at major support zone ...
NZD/USD
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XTrade replied Jun 6, 2011London sometimes suppresses the price more than helps it IMO.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 6, 2011Here's an M5 view. already rejecting a break of 1550 we want this for a new high. 1550 as support.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 6, 2011And there it is. A break of range and pop to 1550.. Great example of why not to scalp against the trend. My entry maybe a little too low for this AM, But looking at M15 there was a low point close to 1540 only a few bars ago.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 6, 2011when scalping Gold always have support and resistance plotted. Prevailing trend in place. AND beware of your spread. On the last post I mentioned a sell from 1545 for 3 bux TP. This is dangerous. The better trade/scalp would be to buy AROUND 1540 ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 6, 2011Silver is forming a Rising Lower TL and Gold is at range top 1545. For a scalp I would say sell gold for 3 USD to 1542 B U T- It is very possible that this range is going to break so I will wait and watch PA already running 3 LT trades.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 6, 2011So what s the deal in here this AM. Hello all. Welcome. Maybe if the market is dead we can do some live scalping. Who's in??????????? I will be in and out all day. X
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 6, 2011F----ing 1545 has to GO... @ Jamie - NO problem. I'll find some of the alt indi's I have and post them tomoro.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 5, 2011Gold may appear to not follow S/R - BUT - usually it is quite well behaved. Draw major SR and then switch to a line chart. You'll see what I mean. edit : add: candlesticks are not always the best means of looking at GOLD - line and bar come in ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 5, 2011Silver ticking up and gold shining at 1545. I gander we may see some sparks this week. EUR flat. Swissy up off another new low.
only a matter of time until 8000XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 5, 2011Sorry should have made myself more clear. I usually discuss GOLD first and SILVER second. Hence the title. Yet I also trade currencies daily. What I was saying has nothing really to do with gold beside the falling USD against all majors. Look at ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 5, 2011EUR/USD and USD/CHF — Have a nice inverse relationship ATM TAKE ADVANTAGE.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 5, 2011You can see the chart here url It is a daily so it says a lot more than the lower tfs.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 5, 2011Ultimately, now that silver has broken the ceiling of years around say 20 to 22 USD and remained above it I am very bullish silver long term. I look at appx 20 as extremely strong support. I would like to see silver re-enter the channel I had ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 5, 2011Symmetrical triangle already broken into bullish flag. We should continue rising in a stepping stone pattern.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jun 5, 2011Not sure mate. Could open higher but something seems off what broker is that from?
XAU/USD & XAG/USD - Gold & Silver Traders Thread