I want price to come down some but I know that is unlikely - I should have been in early today or yesterday but I was travelling and did not have internet.

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

My trading tools are on two levels. The underlying premise is the fundamentals for gold are extremely strong. As these are strong the trend is up and it will continue up until something drastic happens. This is a given, so I can almost forget about ...

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

On my chart this is not a DBLHC - the lows are not the same even if the bodies are on a level. I was short on this one a couple of weeks ago and then I came out. It did not feel right. OK this is not an indicator but it felt like it was turning, ...

james16 Chart Thread

I am big on technical analysis so I think you can predict some of the moves. We are using some of this analysis. We are using trendlines, the 356 ema is support at times, price action is part of technical analysis and the main part for me. There are ...

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

With my broker I can trade spot and futures. I have not looked at Exchange Traded Funds so I can't answer your question. May be XTrade knows something. I do have some EFT's available to me so it might be worth researching.

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

There are reasons why technical analysis has not worked properly on silver because market forces have not been normal. Most markets can be technically analysed, but most of the analysis done is shit. There are too many crappy indicators, oscillators ...

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

Gold went down because traders want to lock in profits. All time high. As I said earlier, prices do not move in straight lines. They may more down when at the current price they are good value. But if they are value they will end up moving higher in ...

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

I cannot see such a correction. The trend is not linear it is parabolic. Go to the monthly chart for gold. Zoom out so you can see at least from 2000 to the present day. See price progression is up [the trend is up, the trend is up] and it is ...

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

Dow Down — Anyone take the bearish pin on the Dow? I watch the videos on youtube for PSAadmin youtube.com/watch?v=m9zUxUwcbh0&playnext_from=TL&videos=7iq-STot2gY&feature=sub Christian who does the video is usually quite animated. He put out a ...

james16 Chart Thread

The reason I am such a fan of gold is the value of gold is going up. We are trading the price of gold in dollars. If you look at the monthly chart for gold the trend is parabolic. It is a curved trend. It is going up faster and faster. You might ...

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

Even the break even trades count as a success. You successfully conserved your capital.

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

If you take a look at the monthly chart on the chief dollar pairing, price has respected a trend line you can draw from several years back. I don't think that is coincidence. Looking at the longer term the trend is down and we are sitting near to ...

james16 Chart Thread

Looks like USD/CAD is moving on down - my feelings last week were that. Your trend line seems to be holding up nicely.

james16 Chart Thread

Interesting - trading psychology — Donkey will sink in quick sand because it will struggle and cause itself to sink, while a mule will remain calm and only partially stuck.

james16 Chart Thread

What I have thought has been get in on a solid solid trend. Get in at a low point. Then jump on. Wayne Jackson is a trend trader and this is the basis of this game. Fix a trailing stop. The market is like the tide, it ebbs and flows but the river is ...

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

[quote=fxeturn;3820417] The greater reliability of the higher time frame is nothing to do with time zones. A bearish pin bar forms on a 15 minute and daily chart. The order flows, the amount of money, the change in sentiment involved in making the ...

james16 Chart Thread

From what I have read 50% is the favourite one.

james16 Chart Thread

God tell me a story. I think out of 10 trades that lose me money, 9 would have given me a profit if I have listened to my first instincts and kept the trade alive. It is heart breaking to have lost and then come back to the chart the next day to see ...

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

Price goes up because there is stronger buying pressure than selling. When the selling pressure comes in, it goes down. Price was due to go up and it did. It then went down and my bet is it will come down to the trend line. Then it will go up again. ...

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

[quote=fxeturn;3820240] The candles are different depending on the time zone. 4H candles do not close at the same time the world over. So the candles don't look the same because of this. Yes if price is going to go down, it is going to go down. BUT ...

james16 Chart Thread