entered long on AUDUSD too, why not to exploit corelation between gold and aus dollar and make most of it

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

entered a small trade long aiming at 1239. remeber this a small trade because i am trading against the trend now

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

)))

Cable Update (GBPUSD)

as it happend

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

i see lot of guys use Elliot Waves. i wish i could understood those too. any tutorials?

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

well yess that was my target and after going down my target, that target acted as resistance

Cable Update (GBPUSD)

its definitily going to 1.4276-80 region down down

Cable Update (GBPUSD)

i know some of you guy may start laughing at my views but i sense it below 1200 in a week's time

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

i know most of us see a support at 1239 and expecting to go up from there, some are expecting a big bullish wave from there. but i just want you guy to be careful. That support has provided support previously but then situation was different as gold ...

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

yes i can see all guys getting ready for that support line at 1239. not sure how strong would that be. but i am sure it will provide support but for me its hard to say if it is going to be temp support or good support

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

on the weekly chart all i see is that is is preparing for pulllback. big correction possible on its way

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

agree james,

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

closed the traded it hit profit target. will be on sideline for the time

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

its matter of time it takes to reach my target, but sometimes you start building confidence when you know it will

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

i know it just hit 1261 but it is bearish and eventuall it wil lgoto 1246 that is the reason i am still in this trade

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

just entered short at 1256 with stop loss at 1261 , profit at 1245-46

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

let see where it goes next week. but as per my view it is heading down. it just went up on ECB news last week and as it most traders had stop losses above 1279 previous high, so it hit stop losses and came back down.

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

watch this it will go down

Cable Update (GBPUSD)

i know this does not belong to this thread but i like posting here. short gbpusd 1.4365 (current price or higher) take profit 1.4207-1.4210 stop loss. 1.4415. this presents very good oppurunity to short with 3:1 reward risk ratio

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

i feeel 1.4207-1.4210 is on the cards

Cable Update (GBPUSD)