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XTrade replied Apr 30, 2011Let's have a look at this post and this chart from way back and you will see why I am long. SIMPLY PUT, the trend is up and I am a Gold trend trader. I do scalp larger positions for fun but do not like low time frame charts especially with gold b/c ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 29, 2011It's called FRIDAY and profit taking. RELAX The price only moved up 66 USD in 2 days. You really need to stop looking at these 5 minute charts. Nothing is happening. It's the end of the day on freaky Friday.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 29, 2011The trend is your friend has nothing to do with Gold. It's a saying in the markets. Gold is not always bullish - we can have bearish cycles. yet there are just part of the underlying bull run and correction. Let's see an explanation of these ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 29, 2011Please, give me a break, what short is this??? I am looking at a FOUR hour chart with one small dip. On the 25th. So unless you traded multiple standard lots and there is no way you got in at the top and out at the bottom so, we'll cut your ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 29, 2011You cant really or just can't mostly trust/use a 5 minute chart to call a double bottom. The lower the TF the lower the impact and strength of support or resistance, likewise the lower the TF the less impact on chart patterns. At least from my ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 29, 2011Been out all day.. — Just one question, HOW are the Gold shorts DOING??
I did mention 1500 to 1600 would likely be cake right? Same trades Long Aussie, Cable and Fibre, Short Swissy.XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 28, 2011Do some research - READ THIS THREAD. AND YOU WILL FIND THE ANSWER. I am sorry but I cannot answer this simple question for you, I do know the answer, but, I will say that if you were truly interested in the past 2 YEARS of Gold and silver with ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 28, 2011Goose, not really false breaks, looks like it, yet it seems, Bears are going to stiffly guard 50 IMO, because when the price takes 50 - YET all dips are being bought by bears. IT IS ALL OVER. 100 is next the next target. Personally, I would like a 5 ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 28, 2011What do you mean here brother? What is your specific question?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 28, 2011Silver looks like it wants to make a new high today, Gold hit one last night, Today's trades: Long EUR/USD GBP/USD AUD/USD Short USD/CHF Flattened all during asia and just bought / sold back. There was a little headfake but we should see 100 pip ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011I expect support at 1496 thru 80 zones and buys set for 1500 area. We are already 1/4 of the way paved to 1600. The next real target is 2000
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011Don't you GET IT YET. WHY oh WHY of ALL f-ing days would you short GOLD when the chairman of the FEDERAL RESERVE is on TV talking about INFLATION rising and things "moving slowly" Yes trading can be simple once you hear those words you click BUY x3 ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011All day trades closed. Longer terms still running. Looks like it might be correction time. AUD was on FIRE! My target of 1.1000 is only 50 appx pips away. Longer term target is 1.50 If we correct a bit LDN might just light it back up. no way to ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011Not sure if I will make it to London tonight, but I will be expecting the classic London Headfake selloff on open to shake things up then buying back at a lower price and adding another 100 pips to the pairs. We'll see.... edit: most of my target ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011I hope some of you took my advice here! Bernark Really Dropped the USD. Swissy is on the Verge of a new Historical low. EUR and GBP are steadily rising small dips being bought Huge day for AUD high to low so far 175 pips and counting. Did anyone hop ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011Almost at target!!! Who's in the AUD/USD Flag trade from before??? Swissy is DUMPING pips finally!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011And what is giving you such confidence.?!?

As of now these numbers are arbitrary guesses unless you explain what they mean or how you arrived at such points. As you know neither of these points have been reached yet. Thus, they cannot ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011Notice how NOT ONCE did bernkake mention GOLD..
He probably watches it like a Hawk.XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Apr 27, 2011Pretty tight, you should open those up a bit for some bigger profits. We are in a RAGING bull, why limit yourself? Since I always post charts, I am not one to name how well my trades are doing, yet now I have several positions with 100 USD moves on ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread