If silver goes to $50 again, there is not a chance in hell at E/U seeing 1.50. That was my only point. Not talking about the volume of the metals market vs the EURUSD.

The Really Useless Thread

Been a few since I posted here. 2518/19/20/21 (whatever) will be tough, but below there is its 2487 then 75 and then 50 then 40. Pretty incredible all the Euros we have seen go to silver instead of USD (more money is going long metals than euro, ...

The Really Useless Thread

And 1 more, H4 chart. Support at $31.25 area. image

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

I guess I'll start posting to this thread. S/R are the black horizontal levels that match up with the aqua and yellow squares. These squares are used to show how often a certain level was important in the past. It's just much easier on the eyes to ...

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

There's a reason for that. Most smart money uses them as well. But pretty much anything that can be put on a chart only works because EVERYONE uses them. That's my opinion anyway. I mean just look at silver, I bought at @ 26.75 because of 26 ...

EURUSD

I'm assuming thats me PT. Posting charts on something other than Euro? Although I have seen you do it as well in this thread so I thought no big deal. If not me, never mind then.

EurAnalysis

If you were short from 1700 you should have taken profit in the 1500s.. I'd be careful shorting the metals my friend. I also primary trade Euro, for intraday. Metals are my buy and hold and 50% of my investment capital is cash, 50% in ...

EurAnalysis

Potential problem with gold here, although my eye sees 1920 again. And honestly if I had to predict, I think 1920 is double top, then we go down through 1530 and have SERIOUS deflation and market crash. E/U to 1.16 or lower. or Ben just keeps ...

EurAnalysis

Yes I hope we get some real ranges next week. Today was great but the rest of the week was awful. 55 pips is never anything to be ashamed of I'll take it any day.

EurAnalysis

here's an update on this beast, 31.76... i shorted 31.73 s/l 31.80, not looking for many pips here, just a few! Good target for a decent pull back ($1-2) would be around $33, where I have circled. Good supply and also the 61.8 fib sorry should ...

EurAnalysis

Only On a day like this that's not a lot but you have to realize, most people would kill to make 100 pips a day! That's 1% with 1:1 leverage..

EurAnalysis

True it is hedge against inflation from fear of QE, but bubble? No last year was bubble Even if EU hits your target of 1.16, $26 likely wont break, and neither will $1530. Just my opinion but they have been too strong. If they do break, look out ...

EurAnalysis

See there still was some good scalping left in Euro Nothing like earlier but I made 20 pips in the last couple hours scalping, not too bad. As for silver, well, the technicals are all in place. Test of the monthly trendline yielded a bounce to ...

EURUSD

Appreciate that PT. Very useful, thanks

EurAnalysis

See look at this, metals going nuts, Euro lost almost all of its gains so far. This is a sign that more dollars are flowing toward metals than Euros than ever before. Remember when silver was at $49 last year, EU was also at 1.49. Won't be the case ...

EURUSD

I believe it will reach those levels if we see another 2008 scenario. Silver fell 60% or so from its peak during the financial crisis. So doing so again from $50 would put it at $20. Anyway, QE is on my friend. At least until the next rate decision ...

EURUSD

Yeah plus one trade in the account history. One of the only ways to prove someone is trading for real is a read only password, but then they can see your account balance, etc. Anyway the fact that the dollar has given up some of its losses but the ...

EURUSD

Lol yeah the real trading is over, but its still scalp able the range is decent enough.

EURUSD

Lol okay keep thinking that. It will only fall that low if EU goes to 1.10 QE changes everything

EURUSD

Here you go addict This beast is going to $33 or $35 before any sort of noteworthy pull back IMO. Maybe even straight to $37 before a pull back of $3-4

EURUSD