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z3r0 replied Dec 17, 2010I was just highlighting that area
So you won't be alone if the price gets there
By the way, what would be your TP in such case?XAU/USD & XAG/USD - Gold & Silver Traders Thread
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z3r0 replied Dec 17, 2010Yeah thanks, well it is all about trade ideas. I don't really like to sell gold and silver so I'm doing it very carefully and trailing the profits manually to ensure they don't surprise my account. But if you switch to the line chart the H&S are ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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z3r0 replied Dec 17, 2010Got in @ 1.371.480 and using this 5m trenline as a stop. I know it wasn't the best entry for the idea but it was the best i could find now.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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z3r0 replied Dec 17, 2010damn i missed the re-test of the neckline as i was asleep... nonetheless now we do have confirmation of a head and shoulders. I'm looking for a re-entry strategy now...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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z3r0 replied Dec 16, 2010only that in around Nov16 you didn't have an head n' shoulders next to the trendline. If it plays out it can very well trigger a strong downtrend. But like you said all can happen. For now it surely looks like retracing now till where? we'll see...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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z3r0 replied Dec 16, 2010Target met and still going after TL break. =D
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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z3r0 replied Dec 16, 2010I've seen in some news some time ago that a retrace to 900! would be possible. Maybe this was what they were talking about... Let's see what happens on the daily with that TL break.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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z3r0 replied Dec 16, 2010I think that cup and handle couldn't have been considered valid to trade cause its bottom wasn't rounded but with 2 distinctive V bottoms. Here's my view in Gold.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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z3r0 replied Dec 15, 2010Funny how we both are so opposed yet profiting
I will only look for shorts If the price crosses 1.5635 (level slightly below of 61.8 fib retracement from 30/11 low)Cable Update (GBPUSD)
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z3r0 replied Dec 15, 2010True, though I consider this target to be a conservative one cause I really wouldn't be surprised if the price would go up further to making new highs on the H1. I think that 1.5950 could be possible. But like any other trade it can also work the ...
Cable Update (GBPUSD)
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z3r0 replied Dec 13, 2010Well I just thought I could post this chart here. It's on EUR/CAD - H4 Just on the spot...
USD/CAD Trading Room
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z3r0 replied Dec 10, 2010the channel from this post seems to be holding. Let's see if it breaks now...
EURUSD
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z3r0 replied Dec 10, 2010US is indeed in trouble. The US is 1 year behind Europe in all this drama. You'll soon see austerity around US if it isn't already happening... But when it will go hardcore it will be felt more, I think..
EURUSD
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z3r0 replied Dec 10, 2010Well I would assume the people who have written the book spent a considerable amount of time studying the market to claim what they say. I did not check that but blindly trust that. However that information is very little to allow you to be ...
EURUSD