XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 974 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD, Silver/USD

Similar Threads

Gold futures & XAU 78 replies

GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies

Daytrade - XAU/USD & XAG/USD 14 replies

XAU/JPY & XAG/JPY 13 replies

Successful XAU/USD traders 7 replies

Attachments: XAU/USD & XAG/USD - Gold & Silver Traders Thread
Exit Attachments

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

  • #19,461
  • Jun 20, 2012 8:57am Jun 20, 2012 8:57am
hello guys,

do you think if I place order in both directions 10 dollars away, is safe?

I never seen the FOMC statement release event before. currently price is freezed in my forex account.
Im kinda scared
  • #19,462
  • Jun 20, 2012 8:58am Jun 20, 2012 8:58am
Quoting imanmoazzeni
hello guys,

do you think if I place order in both directions 10 dollars away, is safe?

I never seen the FOMC statement release event before. currently price is freezed in my forex account.
Im kinda scared
I'll suggest don't play with fire
  • #19,463
  • Jun 20, 2012 9:07am Jun 20, 2012 9:07am
Quoting Sreym33
No one know anything about what is going to happen at 12:30, all I know is that my daily trend indicator is up and this looks like a beautiful dip to buy on(1603). We shall see...
Whoa! maybe not... now 1595. This is kinda strange action. Usually before these huge events the market is calm.
  • #19,464
  • Jun 20, 2012 9:15am Jun 20, 2012 9:15am
Silver prediciton. 21 - 20 USD!

http://www.silverseek.com/article/si...arket-update-5
  • #19,465
  • Jun 20, 2012 9:15am Jun 20, 2012 9:15am
Quoting SunTrader
Support is below price, resistance above.
my mistake
Wooooohooooo or Boooooohooooo
  • #19,466
  • Jun 20, 2012 9:21am Jun 20, 2012 9:21am
Quoting gulii
Silver prediciton. 21 - 20 USD!

http://www.silverseek.com/article/si...arket-update-5
oh shit....
  • #19,467
  • Jun 20, 2012 9:57am Jun 20, 2012 9:57am
Quoting Sreym33
Whoa! maybe not... now 1595. This is kinda strange action. Usually before these huge events the market is calm.
for me its looks like profit taking-closing long positions before the storm
  • #19,468
  • Jun 20, 2012 10:44am Jun 20, 2012 10:44am
I was waiting for a "big push" down, but I guess the gradual slide to $1594 was it. I'm not expecting any useful from the FOMC, but I think gold will surge on even a hint of the potential of the possibility of any kind of easing; so, though as many have already stated, it would be wiser to wait until after the statement and/or conference, I'm willing to risk a small loss for what I hope will be a bigger gain.
You can always make money tomorrow provided you don't lose it today.
  • #19,469
  • Jun 20, 2012 6:42pm Jun 20, 2012 6:42pm
The pair is moving in great geometric harmony...and i have a pending SELL STOP at 1589 targeting 1500...And I hope it doesnt take much time to reach the target....
Attached Image (click to enlarge)
Click to Enlarge Name: altın.gif Size: 34 KB
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #19,470
  • Jun 20, 2012 7:29pm Jun 20, 2012 7:29pm
On my chart GannFan lines up differently so either you or me is out of whack or don't have the same data:
Attached Image (click to enlarge)
Click to Enlarge Name: GannFan.png Size: 67 KB
  • #19,471
  • Jun 20, 2012 8:22pm Jun 20, 2012 8:22pm
I've been using two channels/slopes for entries, when there is confluence at S/R zones.

Now there is a new descending slope, in green.

H1.

I mean... if you like puzzles.
Attached Image (click to enlarge)
Click to Enlarge Name: xau-h1-20120620.png Size: 95 KB
  • #19,472
  • Jun 21, 2012 2:05am Jun 21, 2012 2:05am
Hello all.
I think there is something interesting to look at.
The picture shows a strong amount of options loaded bullish strike price 1550-70 expiry this friday.
That amount have been loaded yesterday when price bottomed in 1590 demand area.

This could mean a bit of "stop" in the down move.
I explained it better in this article

http://www.dukascopy.com/fxcomm/fx-a...Options&id=857

Actually i'm holding my longs wit a stoploss below 1520 and i'm looking to add another entry if price goes again in 1500 area (according to momentum and Price Action)
Attached Image (click to enlarge)
Click to Enlarge Name: 22 june expiry 2.png Size: 40 KB
90% of traders use TA, indicators and prediction
  • #19,473
  • Jun 21, 2012 4:03am Jun 21, 2012 4:03am
Opened a long, hope 1600 holds.
  • #19,474
  • Edited 6:38am Jun 21, 2012 4:13am | Edited 6:38am
Quoting SunTrader
On my chart GannFan lines up differently so either you or me is out of whack or don't have the same data:
It is not a Fibo-fan or Gann-fan...its just a set of trendlines drawn through suport and resistences...and for now it keeps the price within its boundaries...and works amazingly ! I do not believe that this pair is bullish , at least according to my way of approach.But on the other side everyone agrees that US is bad about its economy and gold will go on being the "safe haven"...But such fundamental comments will remain as "gossips" for me until they are technically seen too...for now i am bearish !!!

And the next target for GOLD is (almost sure) 1490-1475

for SILVER is (almost sure) 25,00

Regards...

EDIT : The targets above are ofcourse not valid in case the fan resistences are broken...for now everything seems to be bearish...
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #19,475
  • Jun 21, 2012 7:24am Jun 21, 2012 7:24am
silver super long looming
Gravity always wins
  • #19,476
  • Edited 8:06am Jun 21, 2012 7:58am | Edited 8:06am
Now, this is an interesting level to buy.

My SL is @ 1581.

This chart is giving me reasons to risk 600 pips and target 1800 pips. (6$ and 18$)
Attached Image (click to enlarge)
Click to Enlarge Name: xau-h1-20120621.png Size: 74 KB
  • #19,477
  • Jun 21, 2012 8:44am Jun 21, 2012 8:44am
Keeping my comment short and sweet.It will return to 1605+2.00 at some point this week. It will be a good last chance to get into a sell. I would show an explanation for this but it would be silly and people would not listen. That strong spike up after the down yesterday still needs to be corrected.
  • #19,478
  • Jun 21, 2012 8:52am Jun 21, 2012 8:52am
I am just not getting this. Ben said yesterday that they are willing to fire some more cannons if the data points warrant and defended his stance on QE. Gold held it's ground yesterday after the statement and the press conference. Now today, brutal data comes out for the US and gold is being pummeled??? I am not saying that gold hasn't been in a downtrend since Sept. '11 but with the recent price action and small bull trend from 1550's to 1630's, I am thinking this is a fake move down, a bit of a bear trap... just sayin.
  • #19,479
  • Jun 21, 2012 8:56am Jun 21, 2012 8:56am
Quoting Crgone12
Keeping my comment short and sweet.It will return to 1605+2.00 at some point this week. It will be a good last chance to get into a sell. I would show an explanation for this but it would be silly and people would not listen. That strong spike up after the down yesterday still needs to be corrected.
I'm listening to you
  • #19,480
  • Jun 21, 2012 8:58am Jun 21, 2012 8:58am
Those channle lines are a little off from my understanding. When you draw though's channel lines you should have only 3 connection points within it, starting each channel with the lowest of low and the second with the highest. The third will always touch and bounch off, and now you wait for the channel to break. The way I draw them is that there is only at the end of each channle 3 points total touching within it. The fourth will always break out. That's when you have to figure out the direction.

When you shee what I'm talking about and redraw the lines, when are on the way to make a third connection now, which has to be made, at that point it will decide what to do. That point is a hair under 1530. it will bounce off or break through. I will share some graphs later on this.

Quoting jsr
Now, this is an interesting level to buy.

My SL is @ 1581.

This chart is giving me reasons to risk 600 pips and target 1800 pips. (6$ and 18$)
147 traders viewing now