XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2389 | Metals Mine

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

  • #47,761
  • Nov 26, 2018 6:20am Nov 26, 2018 6:20am
sorry about the spelling but my pc is acting up since I got too many things running in the background and I am typing blind.
MTF PA with indicators = a winning team
  • #47,762
  • Nov 26, 2018 6:34am Nov 26, 2018 6:34am
Quoting notyetthere
You lack chartreading skills, sorry to say so, I have been in that place for over 15 years so don't take it personal. Have a look at the monthly charts, they are not easy to read for beginners. It took me tow years of gut feel before I could state somethinig like we are going to 1035. Timingwise I have no idea. silver and gold should bottom around the same time. Silver at 8.46 USD. Both are extremely slow markets at this point in time. Probably something to do with the cycles being somewhat opposed (I'd advise you to read something about Hurst to...
Thnx alot for explanation and as you rightly said I am not professional in reading chart as my experience is almost 1 year as a trader . I learnt alot during this period from my big lose .
However, I think your analysis is applicable for long term trade which I believed most of us with limited equity can not do .
I am using some indicators in my daily trading as working fine with me so far .

Again thank you
  • #47,763
  • Nov 26, 2018 7:33am Nov 26, 2018 7:33am
if it works for you ... who am i to say you should not intraday trade gold. I myself couldn't make it work despite years of effort in gold en eurusd. Gold was my Nemesis. It always went good for a while but in the end I blew up over 7 times. So I advice stronly against daytrading gold from experience. Dax and Sp500 are pieces of cake if you know what you are doing. And those markets move without being too wild on the other hand.
MTF PA with indicators = a winning team
  • #47,764
  • Nov 26, 2018 7:40am Nov 26, 2018 7:40am
you guys are acting funny
  • #47,765
  • Nov 26, 2018 7:50am Nov 26, 2018 7:50am
yeah, I am in a good mood becaue finally things came together now I can both read shot term charts and long term charts. In the past one worked or the other worked never both. In fact I did it de facto the hard way: I went from short term charts to long term charts. Most peple I know advice vice versa. But then it's possile you never learn how to daytrade because that takes too much effort after being a lazy position trader.
MTF PA with indicators = a winning team
  • #47,766
  • Nov 26, 2018 12:05pm Nov 26, 2018 12:05pm
Silver is testing the support at 14.20, a breakout below that level will likely lead to a further move to the downside towards 14.00.
  • #47,767
  • Nov 26, 2018 1:19pm Nov 26, 2018 1:19pm
1222 closed . Once 1hr 200 ema was good support. 1222 is that area now. On 4hr support was 200sma and now again. Maybe now 1227 area before new down or break above 1227.
  • #47,768
  • Nov 26, 2018 4:17pm Nov 26, 2018 4:17pm
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  • #47,769
  • Nov 26, 2018 4:35pm Nov 26, 2018 4:35pm
Quoting notyetthere
... So I couldn't agree more with you: price tells you everything.
Sorry but no you are not agreeing with me ... every time you continue mentioning others things besides price.
  • #47,770
  • Nov 27, 2018 12:51am Nov 27, 2018 12:51am
yeah, it"s a bad habit I got to unlearn ...
MTF PA with indicators = a winning team
  • #47,771
  • Nov 27, 2018 1:27am Nov 27, 2018 1:27am
the wife is telling ooo loolita
  • #47,772
  • Nov 27, 2018 12:09pm Nov 27, 2018 12:09pm
Silver has almost reached 14.00 and it will likely break out below that support level too. Next target is likely at 13.80.
  • #47,773
  • Nov 27, 2018 12:12pm Nov 27, 2018 12:12pm
you must be joking
  • #47,774
  • Nov 27, 2018 1:31pm Nov 27, 2018 1:31pm
silver is heading for the 13.63 low and gold heading for 1180 and might break through . the new year January will be the time to buy the metals for long term.
  • #47,775
  • Nov 27, 2018 1:57pm Nov 27, 2018 1:57pm
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  • #47,776
  • Nov 27, 2018 3:14pm Nov 27, 2018 3:14pm
Alex while I admire your pesistance on a dialy basis I think you are trying to short term trade that's not meant to be short term traded ...
I watched your vids over a few times in the past I didn't even wacthc them anymore ... you are giong down the wrong road.

if you put your effort in price action in Dax you would be golden, put intended
MTF PA with indicators = a winning team
  • #47,777
  • Nov 27, 2018 3:16pm Nov 27, 2018 3:16pm
Quoting Brentrading
silver is heading for the 13.63 low and gold heading for 1180 and might break through . the new year January will be the time to buy the metals for long term.
I a totally agree on the former the latter is just ... you must be joking descibes it best ...
MTF PA with indicators = a winning team
  • #47,778
  • Nov 27, 2018 3:58pm Nov 27, 2018 3:58pm
you guys are crazy
  • #47,779
  • Nov 27, 2018 4:04pm Nov 27, 2018 4:04pm
yeah, I am officially so
MTF PA with indicators = a winning team
  • #47,780
  • Nov 27, 2018 11:29pm Nov 27, 2018 11:29pm
Quoting notyetthere
Alex while I admire your pesistance on a dialy basis I think you are trying to short term trade that's not meant to be short term traded ... I watched your vids over a few times in the past I didn't even wacthc them anymore ... you are giong down the wrong road. if you put your effort in price action in Dax you would be golden, put intended
if you didn't stop review, more probably you had the same short position as i.
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