XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 218 | Metals Mine

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

  • #4,341
  • Apr 7, 2011 11:50am Apr 7, 2011 11:50am
Quoting Euroscum
Would you buy a used car from that guy?

loooooooooool
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #4,342
  • Apr 7, 2011 11:54am Apr 7, 2011 11:54am
Quoting Euroscum
Would you buy a used car from that guy?
No.
i don't need another car at the moment thanks.
  • #4,343
  • Apr 7, 2011 12:21pm Apr 7, 2011 12:21pm
Quoting Euroscum
<Euroscum nods>, I am off back to UK tomorrow with my family, so I am keeping a short open anyway which is 20 pips in the red on silver now, maybe I close tonight if it is favourable. Anyway will add some more at 40 for good measure.
Hope I do not miss the big sell off I have been salivating for. Not sure if we will get to 1500 gold on a friday but if we do I think we will see 1445 pretty soon afterwards as the first down leg.
I hope you don't miss it to. Would be a shame, after you have been following it with such conviction.
  • #4,344
  • Apr 7, 2011 12:26pm Apr 7, 2011 12:26pm
Silver consolidating?
  • #4,345
  • Apr 7, 2011 3:53pm Apr 7, 2011 3:53pm
good trading
Attached Image
  • #4,346
  • Apr 7, 2011 4:02pm Apr 7, 2011 4:02pm
Quoting riko2705
good trading
Do any of these funny shapes actually work?
I have my doubts some how.
  • #4,347
  • Apr 7, 2011 4:05pm Apr 7, 2011 4:05pm
Quoting six gun
Do any of these funny shapes actually work?
I have my doubts some how.

agree with you sixgun.......

silver in a nice slow uptrend on the shorter timeframes - but it needs to maintain the move... gold struggling with resistance - needs to turn 1463 level into support. just when it looked as though it was going to do earlier, so the Japanese news took the bids out and it moved down again....

beeb
  • #4,348
  • Apr 7, 2011 4:23pm Apr 7, 2011 4:23pm
Quoting six gun
Do any of these funny shapes actually work?
I have my doubts some how.
http://thepatternsite.com/diamondb.html

http://thepatternsite.com/diamondt.html


does work or doesnt....
if you find these funny you are funny
  • #4,349
  • Apr 7, 2011 4:28pm Apr 7, 2011 4:28pm
Quoting riko2705
http://thepatternsite.com/diamondb.html

http://thepatternsite.com/diamondt.html


does work or doesnt....
if you find these funny you are funny
If it works for you then great.
Some people find that this method works sometimes.
I have read and heard the most crazy stuff. I mean price is either going to move up or down - flipping the coin method will be right half the time.
Attached Image
  • #4,350
  • Apr 7, 2011 4:33pm Apr 7, 2011 4:33pm
Quoting six gun
If it works for you then great.
Some people find that this method works sometimes.
I have read and heard the most crazy stuff. I mean price is either going to move up or down - flipping the coin method will be right half the time.
this is not flipping the coin,may be edge
  • #4,351
  • Edited 5:31pm Apr 7, 2011 4:39pm | Edited 5:31pm
Quoting riko2705
this is not flipping the coin,may be edge
No I certainly hope it is better than flipping a coin.

I think if I studied these shapes some of them might make some sense to me. But as soon as I start reading stuff about waves and impulses and butterfly shapes I glaze over.

Big Round Numbers.... Everyone can see these especially numbers like 40.000 and 1500.00.

Can't beat the numbers.
  • #4,352
  • Apr 7, 2011 5:00pm Apr 7, 2011 5:00pm
Quoting six gun
No I certain hope it is better than flipping a coin.

I think if I studied these shapes some of them might make some sense to me. But as soon as I start reading stuff about waves and impulses and butterfly shapes I glaze over.

Big Round Numbers.... Everyone can see these especially numbers like 40.000 and 1500.00.

Can't beat the numbers.
so trade with your way, dont disdain chart patterns
  • #4,353
  • Apr 7, 2011 5:08pm Apr 7, 2011 5:08pm
Quoting beeb
agree with you sixgun.......

silver in a nice slow uptrend on the shorter timeframes - but it needs to maintain the move... gold struggling with resistance - needs to turn 1463 level into support. just when it looked as though it was going to do earlier, so the Japanese news took the bids out and it moved down again....

beeb
hey beeb
ı find you funny too
trading for 30 years and still grinding on forks...
  • #4,354
  • Apr 7, 2011 5:08pm Apr 7, 2011 5:08pm
Quoting six gun
flipping the coin method will be right half the time.
A lot of people dont seem to realise that all they need to do is improve on a coin toss by a tiny amount to give them an edge, most are trying to take on way to much analysis and what not. A few simple concepts are all that should be needed.
  • #4,355
  • Apr 7, 2011 5:12pm Apr 7, 2011 5:12pm
Quoting riko2705
so trade with your way, dont disdain chart patterns
As I said if it works for you then great.
I simply asked if these patterns work and personally I can't see their basis.

If you can explain the order flow basis of the pattern you applied to the chart then we can all take notice of your post.
The pattern did not appear to tell the trader whether price was going up or down.
This is a serious statement. We are all here to learn from each other.

Edit - you put some links into your post - I will read these. Respect to you for that!
  • #4,356
  • Apr 7, 2011 5:15pm Apr 7, 2011 5:15pm
Quoting highlander2
A lot of people dont seem to realise that all they need to do is improve on a coin toss by a tiny amount to give them an edge, most are trying to take on way to much analysis and what not. A few simple concepts are all that should be needed.
Totally true highlander2.
You watching that lambing programme on telly? I see you are a farmer presumably in Scotland.

Questioning each others methods and discussing them will take us all forward.
  • #4,357
  • Apr 7, 2011 5:19pm Apr 7, 2011 5:19pm
Quoting six gun
Totally true highlander2.
You watching that lambing programme on telly? I see you are a farmer presumably in Scotland.
.
Dont need to watch it on tv, I have the real thing right now! First 2 sheep lambed today, 245 to go!
  • #4,358
  • Apr 7, 2011 5:24pm Apr 7, 2011 5:24pm
Quoting six gun
As I said if it works for you then great.
I simply asked if these patterns work and personally I can't see their basis.

If you can explain the order flow basis of the pattern you applied to the chart then we can all take notice of your post.
This is a serious statement. We are all here to learn from each other.
no ı dont call, ı just ask. answer or not..
yes especially ı am here to learn but your kind of statement break my hopes...
good luck
  • #4,359
  • Apr 7, 2011 5:33pm Apr 7, 2011 5:33pm
Quoting riko2705
no ı dont call, ı just ask. answer or not..
yes especially ı am here to learn but your kind of statement break my hopes...
good luck
Dont worry riko, just keep doing what you beleive in and have learned, and keep your charts comming. And that goes for everyone. I really enjoy this thread.

Anyway off to bed now, it will be lambs everywhere tomorrow
  • #4,360
  • Apr 7, 2011 6:15pm Apr 7, 2011 6:15pm
BIG Picture stuff

Gold target 1520-1540
Demand at 1420-30

Silver target 50-55
demand ard 35-36

Silver to out perform Gold.
Tell your wife or girlfriend.. ITS CHEAPER !!!
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