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XTrade replied Jan 3, 2013Me too, not Euro just GBP and Aussie. I think this MIGHT be a sufficient pullback zone to enter long both pairs. Cable is certainly oversold. But, look at the further dip on Aussie in the two dailies below. I have added the trade on a demo for fun. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 3, 2013I'ts harder as you go lower, learn the daily and you can trade it all "well basically" but learn the daily first.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 3, 2013Looks like it hit the daily pivot and bounced a bit - probably another entry to come chart is Aussie D1
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 3, 2013Where is a link to the printing in Japan? If that is happening I would buy U/JPYen and GBP/Yen
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 3, 2013Anyone trading KIWI AND AUSSIE? They look like they might have the technical steam to further break north. Thinking of getting long aussie again if there is pullback. Ottherwise again from a technical standpoint, dont have a chart right now, it ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 3, 2013url KM321 I added your chart as well thanks.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 2, 2013One point that has tried to be ingrained in this thread is that scalping or even day trading gold is NOT EASY and certainly more of a "die trying" than win slowly, type of thing. Especially for the newbie. You need literally years of experience with ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 2, 2013Mitch - Happy New Year! Thanks for the shout, reason we don't get crazy over a 20 / 30 USD slide or JUMP is after years of watching / trading / investing in this market it is a rollercoaster ride, plain and simple, if you or one attaches emotions to ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 2, 2013Nice chart, love gartley's / butterflys = looks to be panning out, nice call, let's see if it can last, I think it should complete based on what I see here. As well as prior price action and timing.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Jan 1, 2013Hey, I take it English is not your first language which is totally fine, (ask for help if you should ever need) But I really have NO idea what you are trying to say here. I kind of understand the Obama News thing but I think you mean the "US" not ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 31, 2012Nice to see we ended the year with a punch from the bulls! A longer view look: Gold is on a 12-year hot streak In the article picture - just one of those bars is a yearly salary for some! From businessinsider.com "Gold prices edged higher Monday ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 31, 2012Happy New Year all! May this be a healthy and prosperous one! XT-
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 30, 2012Just a quick little channel experiment with some SMAs 50 - 100 - & 200 . looks like we are back on the bottom of the channel origin 2008. I attribute this mainly to profit taking, end of year squaring and some positive US releases. I don't see any ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 29, 2012Also looking at your chart this recent low on the dip was not as low as the last one. Nor was the high as high. We are consolidating a bit around year end when trading is light. It is very easy for this market to be manipulated daily by a single ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 29, 2012Looks like an inverse head and shoulders has formed at the end of the triangle. Or we could just say the lines have widened and the price is still caught in a giant symmetrical triangle. hmmm. Both options should spell a breakoout to the north side. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 21, 2012Looks like we are on a weekly TL. I am looking at the possibility of the cup and handle panning out, but it looks as though right were it was supposed to shoot up it shot down, on pos. US news and end of the year profit taking and position squaring. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 21, 2012Hold it into the new year with a low position size. Working on a chart.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 20, 2012Hey there! I'm well, Thanks - hope everyone is well going into the Holiday's and New Years! Was just taking a bit of a break for end of year. But, been meaning to make some end of year posts. How bout yourself? Some of this is also profit taking ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XTrade replied Dec 20, 2012Nothing is ever textbook with these patterns, or at least rarely. pulling up charts.
XAU/USD & XAG/USD - Gold & Silver Traders Thread