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

  • #46,561
  • Apr 12, 2018 9:31am Apr 12, 2018 9:31am
Quoting theDHT
{quote} Trading requires natural opiates in your blood stream... I prefer girl scout cookies! Heads up we may get a pause here Depending on how the week closes, 1284 may be in sight
Not to mention, a massive pair of balls to take the other side of the "winning trade!

It's all just a game.. .
90% of people, are wrong about 90% of everything, 90% of the time...
  • #46,562
  • Apr 12, 2018 9:34am Apr 12, 2018 9:34am
Quoting MoneyZilla
{quote} I am the last person who know this, but it looks to me it took it 19 H4s to get from 1320 to 1365? It will need the similar amount of time to get back from 1365 to 1320? Maybe 3 more days? From now? Little range on Friday and Monday won't hurt anybody... Certainly not me! Looking forward for it! It is painful to watch it falling and having nothing opened. Trust me. But this is the price I am paying to keep my DD levels low...

We'll know the answer to this question by lunchtime today ...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #46,563
  • Apr 12, 2018 9:59am Apr 12, 2018 9:59am
but it looks to me it took it 19 H4s to get from 1320 to 1365?
It will need the similar amount of time to get back from 1365 to 1320? = interesting , i Never thought it that way 4sure
da n0o0b + $hit_Disturber
  • #46,564
  • Apr 12, 2018 10:07am Apr 12, 2018 10:07am
Quoting pipsy7
but it looks to me it took it 19 H4s to get from 1320 to 1365? It will need the similar amount of time to get back from 1365 to 1320? = interesting , i Never thought it that way 4sure
up moves are like climbing stairs in a tall building, down moves are like falling out of a window of said building....
He who hesitates is hesitant....which always leads to bad entries.
  • #46,565
  • Apr 12, 2018 10:21am Apr 12, 2018 10:21am
Quoting Mackeymax
{quote} up moves are like climbing stairs in a tall building, down moves are like falling out of a window of said building....
Is it?

Example in post #46,450.
Maadik Hugiis. IQ 69.
  • #46,566
  • Apr 12, 2018 10:23am Apr 12, 2018 10:23am
Quoting MoneyZilla
{quote} Is it? Example in post #46,450.
my world is not as orderly as yours....
He who hesitates is hesitant....which always leads to bad entries.
  • #46,567
  • Apr 12, 2018 10:29am Apr 12, 2018 10:29am
Quoting MoneyZilla
{quote} Is it? Example in post #46,450.
all out at 1336!!! As always good trades to all...especially as many as you have done!!
He who hesitates is hesitant....which always leads to bad entries.
  • #46,568
  • Apr 12, 2018 10:34am Apr 12, 2018 10:34am
up moves are like climbing stairs in a tall building = Not this mornin -btc/usd spiked_Up like a rocket , spend sumeTime rakin in d $$$
da n0o0b + $hit_Disturber
  • #46,569
  • Apr 12, 2018 10:37am Apr 12, 2018 10:37am
Quoting MoneyZilla
{quote} Is it? Example in post #46,450.
Yes it's true stairs up, elevator down. Almost always, or rather a very percentage of the time, I hate saying always never or will in trading.

See my chart pic showing (on top and bottom of swings) 50.20 points move up on 107 bars and 37.10 down on 52 bars.

This works out to $0.469 vs $0.713 average per bar.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold up dn.png Size: 38 KB
  • #46,570
  • Apr 12, 2018 10:41am Apr 12, 2018 10:41am
this is because the time to take the elevator up has not yet arrived...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #46,571
  • Apr 12, 2018 10:47am Apr 12, 2018 10:47am
Quoting theDHT
this is because the time to take the elevator up has not yet arrived...
You're not following along closely.

Stairs up, elevator down. Even if stairs climb is at a brisk rate, the drop will most likely be faster.
Fear is a stronger motivator (especially for the crowd) than greed.
  • #46,572
  • Apr 12, 2018 10:50am Apr 12, 2018 10:50am
Quoting SunTrader
{quote} You're not following along closely. Stairs up, elevator down. Even if stairs climb is at a brisk rate, the drop will most likely be faster. Fear is a stronger motivator (especially for the crowd) than greed.
youre right, and i agree

tho, you are the one not reading closely

edit: add: read between the lines... you and i see the market in very similar ways, i have been tracking your work for a while...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #46,573
  • Apr 12, 2018 10:54am Apr 12, 2018 10:54am
Here is another (current) example for those who still doubt. Very close to the same move up then down. Up took 346 - 5 minute bars, down took 272 - 5 minute bars. By my math that is 74 - 5 minute bars less or about 6 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold M5.png Size: 40 KB
  • #46,574
  • Apr 12, 2018 10:56am Apr 12, 2018 10:56am
Quoting SunTrader
{quote} You're not following along closely. Stairs up, elevator down. Even if stairs climb is at a brisk rate, the drop will most likely be faster. Fear is a stronger motivator (especially for the crowd) than greed.

in the interest of preventing an unnecessary cock fight with someone who i respect), i refer you to the following post:

Quoting theDHT
{quote} in my view, the play is not in gold, its in the USD Index (DXY) at some level, im aligned with Jim Rogers, who says that that gold heads down before it heads up (on a long term/weekly/multi-quarter basis) Mr. Rogers says it'll be under $1000, i dont know about that. My target is closer to $1130, and the ideal time frame is by September 2018. Beyond that, i expect to see $2500, but thats probably 2019/2020/2021... so its not for the day traders (which I am not!) But again, all eyes on DXY. If we get a weekly closing above 9090, my thesis...
hopefully you will catch my drift.
90% of people, are wrong about 90% of everything, 90% of the time...
  • #46,575
  • Apr 12, 2018 10:56am Apr 12, 2018 10:56am
Quoting SunTrader
Here is another (current) example for those who still doubt. Very close to the same move up then down. Up took 346 - 5 minute bars, down took 272 - 5 minute bars. By my math that is 74 - 5 minute bars less or about 6 hours. {image}
And what does that elevator strategy mean?
  • #46,576
  • Apr 12, 2018 10:56am Apr 12, 2018 10:56am
Quoting theDHT
{quote} youre right, and i agree tho, you are the one not reading closely edit: add: read between the lines... you and i see the market in very similar ways, i have been tracking your work for a while...
Ok but you said ... this is because the time to take the elevator up has not yet arrived...

So I guess you mean the time has not yet arrived AND never will?

Otherwise please explain.
  • #46,577
  • Apr 12, 2018 10:58am Apr 12, 2018 10:58am
Quoting Robst3r
{quote} And what does that elevator strategy mean?
What elevator strategy?

Who mentioned a strategy?
  • #46,578
  • Apr 12, 2018 11:00am Apr 12, 2018 11:00am
Quoting SunTrader
{quote} Ok but you said ... this is because the time to take the elevator up has not yet arrived... So I guess you mean the time has not yet arrived AND never will? Otherwise please explain.


the second half "and never will" is something i never said... time is not linear, and everything changes...

edit: in fact, i clearly said "yet" in my sentence...

the time for gold to impulse upwards will come... its just not here yet...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #46,579
  • Apr 12, 2018 11:05am Apr 12, 2018 11:05am
Quoting SunTrader
{quote} Yes it's true stairs up, elevator down. Almost always, or rather a very percentage of the time, I hate saying always never or will in trading. See my chart pic showing (on top and bottom of swings) 50.20 points move up on 107 bars and 37.10 down on 52 bars. This works out to $0.469 vs $0.713 average per bar. {image}
I agree and disagree.
Agree is clear.
Disagreement comes from the fact the the bars almost match, but not the lines.
It is long to explain and no need.

Now, which one of these two has the BIGGER ONE?
Attached Image (click to enlarge)
Click to Enlarge Name: who-has-the-bigger???.jpg Size: 95 KB
Maadik Hugiis. IQ 69.
  • #46,580
  • Edited 11:28am Apr 12, 2018 11:06am | Edited 11:28am
where's RONDA when i need her tabarnak stopped ignorin her since yday
da n0o0b + $hit_Disturber
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