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

  • #10,981
  • Sep 26, 2011 1:45am Sep 26, 2011 1:45am
Quoting nishantforex
Quite sure that by October 26 u will make be happy with ur decision.
What happens than?
  • #10,982
  • Sep 26, 2011 1:56am Sep 26, 2011 1:56am
today is very bad day today i loose all of my funds in trading Gold .i was believe Buy and Hold Strategy in Gold.loosig funds are 30k initial Deposit With 15030 Dollars profit.

i cant belive it .I am going mad why i do trading without stoploss


Trading by EA
  • #10,983
  • Sep 26, 2011 2:13am Sep 26, 2011 2:13am
girl if you can stay on the north side of the weekly lows 27.84 it would be greatly appreciated.
  • #10,984
  • Sep 26, 2011 2:15am Sep 26, 2011 2:15am
From 1548 gold rebound to 1568 suddenly..

Where is this gold gonna go?

Very weird but risky too since on Thursday Mr.Bernanke will talk again.. Hmm
  • #10,985
  • Sep 26, 2011 2:19am Sep 26, 2011 2:19am
Quoting sonicdeejay
I see silver big vol at 28, possible stopping vol..
may see a bounce up..

Sonic
Possibly going to 30
  • #10,986
  • Sep 26, 2011 2:23am Sep 26, 2011 2:23am
Quoting vp920b
From 1548 gold rebound to 1568 suddenly..

Where is this gold gonna go?

Very weird but risky too since on Thursday Mr.Bernanke will talk again.. Hmm
to retest weekly breakout area would be a normal pattern , just as silver retested hers at 27.84 watch how they both respond in that area.
  • #10,987
  • Sep 26, 2011 2:24am Sep 26, 2011 2:24am
Quoting ruffryders
http://img683.imageshack.us/img683/2...d123092011.png

Price needs to find some decent support and consolidate. Neither has been done yet. It's too early. Bears are running this space...
PA went according to the scenario. Sunday news came out bout CME upping the margin requirements? The result was predictable.

Mmudasir you can't trade without a stop loss, unless you are trading client's money of course. I think the best idea for you is to invest in ETF's, which are less leveraged and generally less risky investment. Anyhow the best advice is to deal with it and move on, don't get too frustrated. I've had pretty big losses myself, the deal is to stop thinking about it and move on with the gameplan. However, you do have to adjust the gameplan obviously.
  • #10,988
  • Sep 26, 2011 2:26am Sep 26, 2011 2:26am
Quoting Theo
My first post here

I think that we can bottom today, a V sharp formation is underway.
Gold 1580 Maximum as bottom.
bad way to start posting
  • #10,989
  • Sep 26, 2011 2:29am Sep 26, 2011 2:29am
At the moment $1400 and $22 look attractive to me.

(please note that i am not a trader, so do not take my advise seriously, these are just assumptions based on my price following for the last few years)
  • #10,990
  • Sep 26, 2011 2:30am Sep 26, 2011 2:30am
Quoting lilpip
mon.
39.25
33.76
28.27
weekly
41.40
34.62
27.84
although month has not closed as of fri. oct. monthly lows lines up with the weekly lows 27.70-84 area.
retest of daily breakout lets stay above 28.27
  • #10,991
  • Sep 26, 2011 2:30am Sep 26, 2011 2:30am
Allright.. Now is in 1578.. Still waiting for a good news is it going to go up or more downwards..
  • #10,992
  • Sep 26, 2011 2:32am Sep 26, 2011 2:32am
rebound from gold at 1550

im waiting to buy BIG, i wonder if it is the right time now?
  • #10,993
  • Edited 2:46am Sep 26, 2011 2:33am | Edited 2:46am
Quoting vp920b
Allright.. Now is in 1578.. Still waiting for a good news is it going to go up or more downwards..
I gave a heads up @ 1551 and 26.40, 1584 your taken small partials.
watch the 5 min around 1584 maybe add more .
retest breakout from daily lows 1600 watch pa and candle formations on the both of them.
back to 1584 , what ya gonna do girl ?
  • #10,994
  • Sep 26, 2011 2:41am Sep 26, 2011 2:41am
i think, I'll wait till $1500
  • #10,995
  • Sep 26, 2011 2:42am Sep 26, 2011 2:42am
now at 1594..

Damn i did not buy in 1532.. Because I'm not sure it will touch the 1500 area or not..

And now it's already 62 points up suddenly.. Is it a good buy right now for long?
  • #10,996
  • Sep 26, 2011 2:43am Sep 26, 2011 2:43am
Quoting dirgatalk
i think, I'll wait till $1500
im waiting as well for 1500
  • #10,997
  • Sep 26, 2011 2:48am Sep 26, 2011 2:48am
Quoting vp920b
now at 1594..

Damn i did not buy in 1532.. Because I'm not sure it will touch the 1500 area or not..

And now it's already 62 points up suddenly.. Is it a good buy right now for long?
1584 is telling us right now will weekly lows hold for the moment ? watch
ok whats 1600 have to say ?
  • #10,998
  • Sep 26, 2011 2:50am Sep 26, 2011 2:50am
Quoting musclemike
What happens than?
Oct 26th is the Indian Festival of Diwali, Gold usually rises that time of year but who knows?

I'm also waiting for 1500 for an entry
  • #10,999
  • Sep 26, 2011 2:54am Sep 26, 2011 2:54am
Buying again at 1569.When it comes 1500 i will buy again.Nice!
  • #11,000
  • Sep 26, 2011 2:57am Sep 26, 2011 2:57am
looks like silvers waiting around for her sis to make up her mind with 1600.
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