XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 266 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD, Silver/USD

Similar Threads

Gold futures & XAU 78 replies

GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies

Daytrade - XAU/USD & XAG/USD 14 replies

XAU/JPY & XAG/JPY 13 replies

Successful XAU/USD traders 7 replies

Attachments: XAU/USD & XAG/USD - Gold & Silver Traders Thread
Exit Attachments

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

  • #5,301
  • Apr 26, 2011 6:03pm Apr 26, 2011 6:03pm
Quoting LasVahGoose
HERE is the thread. Nothing in there worth reading, not even my posts.
CapitalismPr - 40 posts in which he/she has started 13 threads.
All in the last couple of weeks.
That suggests too lazy to look for the correct threads or trolling.

If you have something significant to say why start a new thread? - put it on this one if it is gold and silver.

I heard it from a rep at GFT!

LOL beeb has gone to look at the thread too!
  • #5,302
  • Apr 26, 2011 6:05pm Apr 26, 2011 6:05pm
oh dear - it'll be barbed wire and bog paper next lol.....

beeb

PS if you want a giggle check out post #108 on the last page of this thread:

http://www.forexfactory.com/showthread.php?t=170692
  • #5,303
  • Edited 6:57pm Apr 26, 2011 6:46pm | Edited 6:57pm
My apologies for punctuating this conversation with a chart. Just wanted to post how the lines played out with Silver.

FX4
Attached Image (click to enlarge)
Click to Enlarge Name: xag-usd apr 26-11.gif Size: 21 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #5,304
  • Apr 26, 2011 7:44pm Apr 26, 2011 7:44pm
Quoting FX4Newbies
My apologies for punctuating this conversation with a chart. Just wanted to post how the lines played out with Silver.

FX4
What are the coordinates for the large fork?
Is the one now defunct?
  • #5,305
  • Edited 8:12pm Apr 26, 2011 7:52pm | Edited 8:12pm
Here it is...Will leave it up to see if price would respect it again as it did before. Price already made it to the ML of the most recent (local) teal fork and finding temporary support at the ML of that larger fork you asked about.

FX4
Attached Image (click to enlarge)
Click to Enlarge Name: xag-usd apr 26-11-2.gif Size: 20 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #5,306
  • Apr 26, 2011 9:18pm Apr 26, 2011 9:18pm
Quoting FX4Newbies
My apologies for punctuating this conversation with a chart. Just wanted to post how the lines played out with Silver.

FX4
Gald you did.

Keep on posting please.

BMc Bill
  • #5,307
  • Apr 26, 2011 9:23pm Apr 26, 2011 9:23pm
My broker gave the advice to sell the rumor and buy the fact. Rumor will make the trend but fact stays. I prefer scalp for some quick bucks than go long or short rightnow.
  • #5,308
  • Edited 2:30am Apr 27, 2011 1:37am | Edited 2:30am
Morning , so doing well all . development positive at last , usdx tanked & eu & metals to up , expecting 1 more wave up( last wave may always should be question, unreliable , better watch than active ) before a retracement small and when over then a good sized retracement may be possible again .
lets see .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 10 KB
Click to Enlarge Name: eu2.gif Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #5,309
  • Apr 27, 2011 1:52am Apr 27, 2011 1:52am
Gold seems to be losing some of its steam for now
  • #5,310
  • Apr 27, 2011 1:56am Apr 27, 2011 1:56am
Quoting SwissTrade
Gold seems to be losing some of its steam for now
Well, makes sense since there will be more and more profit taking as we get closer to the Fed thingie.

Will be a busy day with possibly big surprises
  • #5,311
  • Apr 27, 2011 4:59am Apr 27, 2011 4:59am
Hey guys, thanks for your input! Really appreciated on all fronts. I'm trying to analyze the situation from a balanced standpoint, looking at it from the points of view of participants both bullish and bearish to XAG and XAU to try to formulate my own views on these markets.

Effectively the FOMC tomorrow can have 3 potential scenarios:

 

  1. The Bernanke can quash any doubts as to the end of QE, with confirmation that the program will end in June.
  2. The Bernanke can confirm the end of QE in June, but will continue to reinvest interest on bonds on the Fed's Balance Sheet to provide a somewhat teenier stimulus.
  3. The Bernanke can shock the market with an extension of QE, ( QE3? )

If one were to look at the effects these would have on the PMs, the first and last scenario would have the greatest magnitude. Given the structure of the market currently, a large number of participants are undoubtedly very bullish for silver for various reasons.

Thus, I'm just concerned that with the recent CME Margin hikes for XAG/XAU etc, that a move to the downside may be disproportionately larger in magnitude than a move to the upside for the added possibility of liquidation of positions due to margin calls; especially for late bulls to the move.

Whatever happens, it will definitely be an interesting learning experience, and I hope everyone's position is safe.

Regards,
xXTrizzleXx

  • #5,312
  • Apr 27, 2011 5:06am Apr 27, 2011 5:06am
As shown in pictuer 5th wave is waiting.
My first target as i told before is 1522 and i am very hope full for this target. Meanwhile i am also long from 1495.
Attached Image (click to enlarge)
Click to Enlarge Name: XAU.GIF Size: 13 KB
Trade what you see, Not what you think.
  • #5,313
  • Apr 27, 2011 5:14am Apr 27, 2011 5:14am
I am short with GOLD at 1506.60, target 1000 pips or change my target according to market price action.
  • #5,314
  • Apr 27, 2011 5:21am Apr 27, 2011 5:21am
Quoting khizer
As shown in pictuer 5th wave is waiting.
My first target as i told before is 1522 and i am very hope full for this target. Meanwhile i am also long from 1495.
Nice trade khizer , you doing well day by day .1513.90 1515.30 minus spread can take as nearest next up . lets see how end
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu4.gif Size: 11 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #5,315
  • Apr 27, 2011 5:27am Apr 27, 2011 5:27am
Its because of your appriciations...

Quoting fontu
Nice trade khizer , you doing well day by day .1513.90 1515.30 minus spread can take as nearest next up . lets see how end
fontu
Trade what you see, Not what you think.
  • #5,316
  • Apr 27, 2011 5:38am Apr 27, 2011 5:38am
Quoting khizer
Its because of your appriciations...
shiuld not , but appreciate your gut & patience . anyway best of luck . take care . usdx may short cut the retracement /pullcack & all may more straight than thought . not to understimate the opposite though , lots big us news today & not any care to see though these days , special war time !
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu4.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #5,317
  • Apr 27, 2011 5:57am Apr 27, 2011 5:57am
Yes Brother my one eye on it



Quoting fontu
shiuld not , but appreciate your gut & patience . anyway best of luck . take care . usdx may short cut the retracement /pullcack & all may more straight than thought . not to understimate the opposite though , lots big us news today & not any care to see though these days , special war time !
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: xau carefull.GIF Size: 10 KB
Trade what you see, Not what you think.
  • #5,318
  • Apr 27, 2011 6:06am Apr 27, 2011 6:06am
XAUUSD charts combined with EURUSD and Oil futures are telling one story: get in long while there is still an open window.

XAU USD Id say is a safe buy once it's at 1499-1500, then add at 1506 and 1511 for a target of at least 1530 and possibly 1540.
  • #5,319
  • Apr 27, 2011 6:15am Apr 27, 2011 6:15am
here's May light sweet H4 chart to substantiate my claim.

http://img690.imageshack.us/img690/7...pril27th20.png
  • #5,320
  • Apr 27, 2011 6:25am Apr 27, 2011 6:25am
Silver is not trending at the moment it is marching sideways between 45 and 46.

Waiting at the Crossroads to see what Benny will do.

(There's a pun in there for Brits interested in motels)
73 traders viewing now