Okay. No malice intended.
I don't see the breakout on the weekly yet.
Best,
KR
I don't see the breakout on the weekly yet.
Best,
KR
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #15,402
- Jan 17, 2012 6:57am Jan 17, 2012 6:57am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Friend, I am not creating an argument with you. Simply giving those that share my conviction or let's say bias a possible jump on a huge move.
We all know the gold market is manipulated as most / all financial instruments.
Yet, what we can use as our "inside info" is TA and this thread.
Like I said before, you can wait for the "confirmation" or take a risk, Trading is risk.
correction - Trading is managed and logically taken risk for profit.
Have I got something on my face, SOLDIER?
- #15,403
- Jan 17, 2012 7:03am Jan 17, 2012 7:03am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #15,404
- Jan 17, 2012 7:04am Jan 17, 2012 7:04am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Yes, and I have already taken my risk and it has provided me well.
I am trying to catch the next break and help some of those with no direction.
I am trying to catch the next break and help some of those with no direction.
correction - Trading is managed and logically taken risk for profit.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #15,405
- Jan 17, 2012 7:05am Jan 17, 2012 7:05am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #15,406
- Jan 17, 2012 7:06am Jan 17, 2012 7:06am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Yes, and I have already taken my risk and it has provided me well.
I am trying to catch the next break and help some of those with no direction.
to me a professional trades before the breakout - not on it.
right?
just maybe less likely this time i think
hehhehe evil me
Have I got something on my face, SOLDIER?
- #15,407
- Jan 17, 2012 7:08am Jan 17, 2012 7:08am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #15,409
- Jan 17, 2012 7:12am Jan 17, 2012 7:12am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #15,410
- Jan 17, 2012 7:14am Jan 17, 2012 7:14am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Correct again, you / we try to have the insight to get in before the market signals it or confirms it.
For instance, I am bullish Aussie and Kiwi, thus I got long early last night, I remain bullish, I have targets and what you would call conviction.
Now, last night to my joy, we got some good news out of China which helps the AUD and NZD.
So the trade was almost 150 for AUD double that and you have 300 pips plus 100 for NZD and it;s a 400 pip night. I could stop for the week now.
Lost a bit back scalping half awake this morning, it's ok.
I am now working on a daily average say 50 pips at least each day.
This is hard. It goes back to my mantra of not overtrading.
There is no use in making 400 to lose 300 back.
For instance, I am bullish Aussie and Kiwi, thus I got long early last night, I remain bullish, I have targets and what you would call conviction.
Now, last night to my joy, we got some good news out of China which helps the AUD and NZD.
So the trade was almost 150 for AUD double that and you have 300 pips plus 100 for NZD and it;s a 400 pip night. I could stop for the week now.
Lost a bit back scalping half awake this morning, it's ok.
I am now working on a daily average say 50 pips at least each day.
This is hard. It goes back to my mantra of not overtrading.
There is no use in making 400 to lose 300 back.
thats very kind of you to have such intention .
to me a professional trades before the breakout - not on it.
right?
just maybe less likely this time i think
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #15,411
- Jan 17, 2012 7:16am Jan 17, 2012 7:16am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #15,412
- Jan 17, 2012 7:17am Jan 17, 2012 7:17am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #15,413
- Jan 17, 2012 7:23am Jan 17, 2012 7:23am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #15,414
- Jan 17, 2012 7:25am Jan 17, 2012 7:25am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
man talk about it thats what happens to my biggest wins on my record if i am not careful bout overtrading and i try to follow my STOP TRADING plan after some conditions happen
heres aud 4hourly very precise htis on this one - no cycles on my end but heres some fractal and fib counts
enjoy it peeps this thing is a money maker
heres aud 4hourly very precise htis on this one - no cycles on my end but heres some fractal and fib counts
enjoy it peeps this thing is a money maker
Have I got something on my face, SOLDIER?
- #15,416
- Jan 17, 2012 7:32am Jan 17, 2012 7:32am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Not to mention it has the highest rollover rate of all pairs.
It is a great carry trade. Worthy of holding -100 pips.
I am looking ultimately for a retest of 1.1000
It is a great carry trade. Worthy of holding -100 pips.
I am looking ultimately for a retest of 1.1000
man talk about it thats what happens to my biggest wins on my record if i am not careful bout overtrading and i try to follow my STOP TRADING plan after some conditions happen
heres aud 4hourly very precise htis on this one - no cycles on my end but heres some fractal and fib counts
enjoy it peeps this thing is a money maker
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
man talk about it thats what happens to my biggest wins on my record if i am not careful bout overtrading and i try to follow my STOP TRADING plan after some conditions happen
heres aud 4hourly very precise htis on this one - no cycles on my end but heres some fractal and fib counts
enjoy it peeps this thing is a money maker
Looks like a pivot to me also.
- #15,419
- Jan 17, 2012 7:35am Jan 17, 2012 7:35am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
more commodity pair up for study: USDCAD
i honestly am dying for this to resolve. pennatn on daily if anyones watching
if u do elliot waves of 1 -5 basics and that pennatns form on 4th more likely than less it would continue up, if it does - i dont see gold going higher with CAD going lower.. even though CAd is more on crude.
usdcad will make history tommorow
if it does break lower.. gold will rise fosho.. ithink.
i honestly am dying for this to resolve. pennatn on daily if anyones watching
if u do elliot waves of 1 -5 basics and that pennatns form on 4th more likely than less it would continue up, if it does - i dont see gold going higher with CAD going lower.. even though CAd is more on crude.
usdcad will make history tommorow
if it does break lower.. gold will rise fosho.. ithink.
Have I got something on my face, SOLDIER?
- #15,420
- Jan 17, 2012 7:36am Jan 17, 2012 7:36am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News