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  • #44,461
  • Edited 12:37pm Sep 25, 2024 9:56am | Edited 12:37pm
short at 2657.50(last trade of day)
Sl : 2662(sl moved to 2663)(sl hit)
Tp :2647.50
------------------
Add short at 2660.50
Sl : 2663
Tp : open(closed at 2658.50)
  • #44,462
  • Sep 25, 2024 10:00am Sep 25, 2024 10:00am
Quoting giveachance
{quote} this is gold thread not silver and spit out your shit somewhere else
damn someone is angry as hell !

don't take it out on me because you blew your account / lost money
  • #44,463
  • Sep 25, 2024 10:02am Sep 25, 2024 10:02am
Quoting giveachance
{quote} this is gold thread not silver and spit out your shit somewhere else
Silver and gold is highly correlated. Silver is more volatile, so if gold goes up by 1%, silver goes up by 1.5% and vice versa. He is not wrong there. And secondly, you don't get to tell where people to post.
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  • #44,464
  • Sep 25, 2024 10:02am Sep 25, 2024 10:02am
Quoting shay14
{quote} damn someone is angry as hell ! don't take it out on me because you blew your account / lost money
and how do you know I blew my account. I have never posted any account details and nor would I?
  • #44,465
  • Sep 25, 2024 10:04am Sep 25, 2024 10:04am
today's 2.43% profit done. from 2665~68 zone, short-term gold price down was predicted. i think bullish will defend the 2653~55 zone.
  • #44,466
  • Sep 25, 2024 10:05am Sep 25, 2024 10:05am
Quoting Nordling
{quote} Silver and gold is highly correlated. Silver is more volatile, so if gold goes up by 1%, silver goes up by 1.5% and vice versa. He is not wrong there. And secondly, you don't get to tell where people to post.
there is a seperate thread for silver. his whole idea of buying silver to spike up gold was as stupid as hell. silver is not an instrument to be traded for newbies. it requires deep knowledge and no it is not highly correlated with gold. when gold was at 2400 silver was at 32.50. today gold is at 2650 and silver is still not crossed 32.50. so silver is struggling clearly. silver can wipe out your account in a matter of 2-3 trades if u are wrong

keep an eye on UJ at 144.50. if it breaches 144.75 it could start a new dollar rally.
  • #44,467
  • Sep 25, 2024 10:07am Sep 25, 2024 10:07am
Quoting giveachance
{quote} there is a seperate thread for silver. his whole idea of buying silver to spike up gold was as stupid as hell. silver is not an instrument to be traded for newbies. it requires deep knowledge and no it is not highly correlated with gold. when gold was at 2400 silver was at 32.50. today gold is at 2650 and silver is still not crossed 32.50. so silver is struggling clearly. silver can wipe out your account in a matter of 2-3 trades if u are wrong
you dumb fuck, when gold goes up, so does silver, and vice versa, it's always been like this.

but my "stupid as hell" advice made me a lot of money today
  • #44,468
  • Sep 25, 2024 10:08am Sep 25, 2024 10:08am
Quoting giveachance
keep an eye on UJ at 144.50. if it breaches 144.75 it could start a new dollar rally.
i thought this was the gold thread

lmao, this guy has amnesia
  • #44,469
  • Sep 25, 2024 10:08am Sep 25, 2024 10:08am
Quoting shay14
{quote} you dumb fuck, when gold goes up, so does silver, and vice versa, it's always been like this. but my "stupid as hell" advice made me a lot of money today
ya you made money with long silver at 32.15 when silver dropped to 31.80. u are an idiot
  • #44,470
  • Sep 25, 2024 10:10am Sep 25, 2024 10:10am
Quoting giveachance
{quote} ya you made money with long silver at 32.15 when ilver dropped to 31.80. u are an idiot
when i posted, silver was 31.650-750, and i exited just over 32.2

you are such a angry hater.
  • #44,471
  • Sep 25, 2024 10:11am Sep 25, 2024 10:11am
Quoting giveachance
{quote} there is a seperate thread for silver. his whole idea of buying silver to spike up gold was as stupid as hell. silver is not an instrument to be traded for newbies. it requires deep knowledge and no it is not highly correlated with gold. when gold was at 2400 silver was at 32.50. today gold is at 2650 and silver is still not crossed 32.50. so silver is struggling clearly. silver can wipe out your account in a matter of 2-3 trades if u are wrong keep an eye on UJ at 144.50. if it breaches 144.75 it could start a new dollar rally.
Attached Image (click to enlarge)
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Gold Silver correlation sits at 83% as of now, i see your point in the last couple of weeks silver struggled to keep up, but it doesn't mean silver won't follow. In fact, this can be an opportunity to buy Silver. You see, just a couple of weeks ago Gold-Silver correlation was at 90%
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  • #44,472
  • Sep 25, 2024 10:13am Sep 25, 2024 10:13am
Quoting Nordling
{quote} {image} Gold Silver correlation sits at 83% as of now, i see your point in the last couple of weeks silver struggled to keep up, but it doesn't mean silver won't follow. In fact, this can be an opportunity to buy Silver. You see, just a couple of weeks ago Gold-Silver correlation was at 90%
lets see where silver goes. I still see silver at 25 dollars in some months down the line. silver is rallied from 19 dollars to 32.75. and gold rallied from 1600 to 2665 and counting. way I see it silver is more correlated to down jones index
  • #44,473
  • Sep 25, 2024 10:14am Sep 25, 2024 10:14am
If 15m closed above 2661 im out of short and turn to long
  • #44,474
  • Sep 25, 2024 10:17am Sep 25, 2024 10:17am
way I see it gold is collecting longs for a 20-30 dollar flush soon. timing no one can predict.
  • #44,475
  • Sep 25, 2024 10:18am Sep 25, 2024 10:18am
i'd love a huge dump for gold and silver, so i can reload some longs again, it's rinse and repeat at this point, until trend change.

but unless you're scalping some points, do not short gold/silver
  • #44,476
  • Sep 25, 2024 10:19am Sep 25, 2024 10:19am
Quoting Nordling
{quote} {image} Gold Silver correlation sits at 83% as of now, i see your point in the last couple of weeks silver struggled to keep up, but it doesn't mean silver won't follow. In fact, this can be an opportunity to buy Silver. You see, just a couple of weeks ago Gold-Silver correlation was at 90%
That chart above gave me an idea. You see, in the last couple of years, Gold-Silver correlation moves up and down between 74% and 96%. So you can buy whenever it comes close to 74 and sell when it comes to 96. This can be a nice long term trading strategy LOL Not that i will use it but maybe it can be useful for some.

Attached Image (click to enlarge)
Click to Enlarge Name: Adsız.png Size: 45 KB
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  • #44,477
  • Sep 25, 2024 10:19am Sep 25, 2024 10:19am
scalp , 20 lots and closed
Attached Image
vankiepsauff@gmail
  • #44,478
  • Sep 25, 2024 10:20am Sep 25, 2024 10:20am
Why is gold not at 2600’s or atleast testing 2640 yet any news came that’s stopping it from dropping ?
  • #44,479
  • Sep 25, 2024 10:20am Sep 25, 2024 10:20am
Quoting giveachance
way I see it gold is collecting longs for a 20-30 dollar flush soon. timing no one can predict.
agreed.. i see it since morning..
waiting for daily open to collapse
  • #44,480
  • Sep 25, 2024 10:21am Sep 25, 2024 10:21am
Quoting giveachance
{quote} lets see where silver goes. I still see silver at 25 dollars in some months down the line. silver is rallied from 19 dollars to 32.75. and gold rallied from 1600 to 2665 and counting. way I see it silver is more correlated to down jones index
Yep that's right. Silver is heavily used for industrial purposes, not for investment purposes in contrast to Gold. That's why they are not fully correlated. Dow Jones being an industrial index show similarities between Silver. Nice point
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