XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2759 | Metals Mine

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

  • #55,161
  • Dec 18, 2020 10:03pm Dec 18, 2020 10:03pm
love the way you duck and dive through this. why do you care what i think? is it because you are selling something maybe?

if i'm an asshole you seem anal and precious. no one owns trading boy-o.

as mentioned again - you don't use trendlines the way most do. you use them to project trajectory. most use them for support and resistance. waste of time imo.

you say you made coin with it. please setup and demo account and show me. or shut up about it.
In tea leaves we trust!
  • #55,162
  • Dec 18, 2020 10:23pm Dec 18, 2020 10:23pm
2007 I think I had a demo account, so thanks, but no thanks. But keep practicing, maybe you will make it someday.
  • #55,163
  • Dec 19, 2020 7:03am Dec 19, 2020 7:03am
keep it simple

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  • #55,164
  • Dec 19, 2020 7:36am Dec 19, 2020 7:36am
Hi,
Theme : Fate of the Dollar is now really depend of how market reacts to upcoming stimulus.
Recent Reaction :Dollar reaction was mixed on FOMC economics projections. Initially it was bullish and later turned bearish. It shown clear effect on the Gold. It produced false break below 1840.
Technical : 1891 to 1865 is the reaction zone. Depends on the dollar reaction to US stimulus.
Plan: Consistent close above or bellow 1891 or 1865 is the key.
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  • #55,165
  • Dec 19, 2020 8:11am Dec 19, 2020 8:11am
Quoting juhanimi
2007 I think I had a demo account, so thanks, but no thanks. But keep practicing, maybe you will make it someday.
yup what i thought. weak. you must be a millennial. getting triggered when someone doesn't agree with you.

at least i'm up for putting my trades up. though i should take care of that account rather then just let it ride.

do keep watching.
In tea leaves we trust!
  • #55,166
  • Dec 19, 2020 8:12am Dec 19, 2020 8:12am
Quoting juhanimi
I am just happy, that I did not know that trendlines are shit, when I traded them for years. and actually M1 chart, trendlines and Fibo exp. Not so much to think about when was trading like that, just trading with trend and Fibo for targets. Mcbeaners, you must be some kind of professor of forex, you seem to know so much.
i agree trend lines seem very good but they are not i dont use them i even dont enter on basis of s\r levels or may be i dont know how to use them.
coz in another thread digger is an amazing guy he uses levels for trade and he is damn good.
  • #55,167
  • Edited 7:15am Dec 20, 2020 7:04am | Edited 7:15am
Quoting Godisawoman
{quote} The problem I have always had with technical analysis... and I'm sure most other people also... Is measurement. You can never be sure of your trend lines. I have not found a perfect measurement technique so far... Just close enough. But that isn't good enough. This is the reason I use correlated pairs when I trade. You can kind of see into the future.
All trading strategies have a ratio range w/l, you just need to be able to test it out and find a number you understand. Jim Simons is right at 50.75%, but they are right at 100% 50.75% of the time. Trading small is great while learning, but the real game starts when you start putting 6 figures per position.
  • #55,168
  • Dec 20, 2020 8:45am Dec 20, 2020 8:45am
always a good idea to look at the stock bell weathers - paas is good for silver.

at in potential at the moment and a little scary (island reversal potential). good ma's setup though. monday will be interesting and critical imo.

as ever we'll see.
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In tea leaves we trust!
  • #55,169
  • Dec 20, 2020 11:34am Dec 20, 2020 11:34am
Here is FPA's analysis for tomorrow:

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  • #55,170
  • Dec 20, 2020 7:12pm Dec 20, 2020 7:12pm
nice move. the build out from last week was size large.

almost already hit my target 26.46. so i'm holding for more.
In tea leaves we trust!
  • #55,171
  • Dec 20, 2020 7:49pm Dec 20, 2020 7:49pm
i closed - chart is mar contract.
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In tea leaves we trust!
  • #55,172
  • Dec 20, 2020 10:31pm Dec 20, 2020 10:31pm
looks like silver is ging to 27 ish. i'll be unloading under that thou
In tea leaves we trust!
  • #55,173
  • Dec 21, 2020 1:16am Dec 21, 2020 1:16am
Inserted Video
  • #55,174
  • Dec 21, 2020 8:37am Dec 21, 2020 8:37am
I've not traded metals today. Playing with eurcad.
Teerex
  • #55,175
  • Dec 21, 2020 8:42am Dec 21, 2020 8:42am
First 15mins of market open critical. Brexit making me a lil nervous
Teerex
  • #55,176
  • Dec 22, 2020 2:47am Dec 22, 2020 2:47am
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Teerex
  • #55,177
  • Dec 22, 2020 3:36am Dec 22, 2020 3:36am
I think price moves in waves no matter what... These wall street analysts just scramble looking for economic explanations to every rise and fall. When really most times it doesn't mean anything.
I seen them explaining this week's bearish market as a result of new corona virus strain. The new strain has been there a while now come on.
Besides looking at the weekly chart there is almost no indication that there was ever a virus
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Teerex
  • #55,178
  • Edited 5:21am Dec 22, 2020 3:47am | Edited 5:21am
Looking to get into long term investment in addition to forex. I think it all boils down to the future prospects of an asset. If you see a new thing that looks like it will be a major player in the future.. Like a decade or two from now then by all means set aside a lil something and take the risk.
Its easier to assess risks that way, and that is what major world investors do anyway.
Everyone is making self driving and or electric cars now.. Tesla Google apple... They aren't idiots.
Cryptocurrency still has potential...
Teerex
  • #55,179
  • Dec 22, 2020 8:19am Dec 22, 2020 8:19am
Trying this... I buy if it goes topside
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Teerex
  • #55,180
  • Dec 22, 2020 8:35am Dec 22, 2020 8:35am
Oh it's a sell
Teerex
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