...will close short when the stochs reverse below 20, irrespective whether target met or not - and go long when they climb back above 20 (see my earlier posts from this morning for context).

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

Leonard Cohen says it all have a listen... http://www.youtube.com/watch?v=GUfS8LyeUyM

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

makes sense - though any genuine and smart buyer would wait for the price to retrace as it obviously shall given the 1250 even mark plus daily levels reached and overbought conditions and divergences etc etc, so the "push" to complete some vague ...

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

well explained, thx larylu

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

makes sense - though any genuine and smart buyer would wait for the price to retrace as it obviously shall given the 1250 even mark plus daily levels reached and overbought conditions and divergences etc etc, so the "push" to complete some vague ...

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

your comment "technically only buyside hunts other buyside (which can be retail traders)" kind of makes sense, but i cant entirely understand it. can u pl elaborate? thx...

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

even greater divergence now...

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

ok. but why? i mean why the 'push', and by who/ whom?

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

does anyone know: when we talk of the 'stop hunters', who are 'they'? surely not central banks, woudn't be worth their while, or the brokers cause would be out of their league to effect a $5 spike without any news etc...leaves the institutionals ...

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

how about your charts and analysis, or is this YOUR trade journal?

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

that was a typ stop hunting spike by the the lowest of the scum confirmation of the retrace i think...missed my stop by a mere 43 cents, so note to myself: add another 50 cents to my usual stop levels to be on the safe side. the vermin are ...

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

ta

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

if anyone disagrees with my above posted trade, pls post ur comments and reason - am here to (hopefully) improve my analysis based on feedback from more experienced gold traders. my current trade is a counter trend retracement...

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

here... standard stochs coming off highs after overbought + divergence on a $3 chart

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

short from 1250 targeting 1242.50 sl 1255.50

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

thx for the advice xt - already stopped out though...

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

edit: <<...hedge my bets and set sl near be (1236.85)

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

ok - so here's the deal - its seems to be finding some support arnd. 1232.50, but am not convinced that it won't go down further, so i don't want to get out with the small profit yet - instead, am going to hedge my bets and set sl at be (1235) - if ...

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

revised game plan: will watch pa in the 1231.50 and 1232.50 band - if support doesn't hold/ upward momentum holds, will close for small profit and wait for 1247 area...

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

thx XT- good to have the company, and looking to broaden my exp from other's analysis here. admittedly, my current position is against immediate momentum, but thats how i trade - looking to sell high and buy low, of course relatively speaking. I use ...

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