XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 551 | Metals Mine

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

  • #11,001
  • Sep 26, 2011 3:01am Sep 26, 2011 3:01am
Quoting sonicdeejay
Possibly going to 30
Taken profit at 29..

Sonic
  • #11,002
  • Sep 26, 2011 3:12am Sep 26, 2011 3:12am
It's now 1604.. Time to go long i guess?

Still not sure since everyone and my self thought that no good support for gold atm..
  • #11,003
  • Sep 26, 2011 3:14am Sep 26, 2011 3:14am
This looks a bit wierd to me because as I see it gold might be reaching it's bottom yet silver possibly has more down to go. So what's it to be?
Anything can happen.
  • #11,004
  • Sep 26, 2011 3:15am Sep 26, 2011 3:15am
Quoting vp920b
It's now 1604.. Time to go long i guess?

Still not sure since everyone and my self thought that no good support for gold atm..
I wouldn't go long on a guess - especially in these conditions.

I'll wait for strong bullish PA on higher TFs before buying.
Anything can happen.
  • #11,005
  • Sep 26, 2011 3:30am Sep 26, 2011 3:30am
Quoting SlickFX
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
lol im also waiting for 1500 for an entry

im worried we might not make it
  • #11,006
  • Sep 26, 2011 3:32am Sep 26, 2011 3:32am
Right just in time, got $1000 for 5 minutes..

Waiting for 1500 then.. I'm afraid this is still not a strong support for gold to raise up(after 1626 now 1603)..
  • #11,007
  • Sep 26, 2011 3:44am Sep 26, 2011 3:44am
Wonder if silver will give us a 1H pinbar off $30.00. I want to reload this one..
Anything can happen.
  • #11,008
  • Sep 26, 2011 3:50am Sep 26, 2011 3:50am
Good Low we´ve got today, i m long for two days. then i will step a side.
1532 is very near the fibo 4,618 of the innersquare of the 1912. the high of gold.

today we reach 1663 at least
  • #11,009
  • Sep 26, 2011 3:54am Sep 26, 2011 3:54am
Quoting ddinnov
Wonder if silver will give us a 1H pinbar off $30.00. I want to reload this one..
mmm, dont think its going to hold, but I would be worried about the 4hr bullish pin, which looks like it may have exhausted the recent selling. A retrace back to 32-33 would be my first place to short again, nearer value.
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  • #11,010
  • Sep 26, 2011 3:55am Sep 26, 2011 3:55am
Exactly same drop as last biggest drop.36900 cca.It dont go down again.
Wee i have buy orders set.And waiting.
I will buy puppy for myself tomorrow So I am happy twice!
  • #11,011
  • Sep 26, 2011 3:58am Sep 26, 2011 3:58am
Quoting Ravissek
Exactly same drop as last biggest drop.36900 cca.It dont go down again.
Wee i have buy orders set.And waiting.
I will buy puppy for myself tomorrow So I am happy twice!
congrats on the puppy

what kind of entry are you looking at?

Saw some major support at 18 on the daily chart with a big zoom out

I have an order here but it may not get there like gold getting to 1500!
  • #11,012
  • Sep 26, 2011 3:59am Sep 26, 2011 3:59am
Be careful trying to pick a bottom on gold here guys, no time to throw good MM out of the window or start betting the farm.

It looks tempting, but that's what makes it dangerous, plenty have lost fortunes over the past week trying the same thing..
  • #11,013
  • Sep 26, 2011 4:00am Sep 26, 2011 4:00am
Quoting SlickFX
congrats on the puppy

what kind of entry are you looking at?

Saw some major support at 18 on the daily chart with a big zoom out

I have an order here but it may not get there like gold getting to 1500!
i was waiting for 1500 but i f***d up
should have trusted my charts showing me 1580
now im going to attempt to buy at 1600
  • #11,014
  • Sep 26, 2011 4:19am Sep 26, 2011 4:19am
Quoting sonicdeejay
Taken profit at 29..

Sonic

carefull with bottom picking fella..

Finger can get smelly..


Sonic
  • #11,015
  • Sep 26, 2011 4:27am Sep 26, 2011 4:27am
Quoting SlickFX
congrats on the puppy

what kind of entry are you looking at?

Saw some major support at 18 on the daily chart with a big zoom out

I have an order here but it may not get there like gold getting to 1500!
Thanks,I am not trading and watching.When price goes down 50$ I buy.Simple.
  • #11,016
  • Sep 26, 2011 4:33am Sep 26, 2011 4:33am
Quoting ddinnov
I wouldn't go long on a guess - especially in these conditions.

I'll wait for strong bullish PA on higher TFs before buying.

howdy folks !

well, gold is behaving as if it has a mind of its own....

still not given a buy signal for me. waiting.


in the mean time it is still a sell. conditions at present very good for scalpers.
  • #11,017
  • Sep 26, 2011 4:40am Sep 26, 2011 4:40am
Quoting mmudasir
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



that is exactly what i was pointing out to raviseek a few posts earlier.

but the man keeps on buying and buying and buying......!

i wonder how much his floating loss has accumulated to ?
  • #11,018
  • Sep 26, 2011 4:46am Sep 26, 2011 4:46am
Quoting whatfx
that is exactly what i was pointing out to raviseek a few posts earlier.

but the man keeps on buying and buying and buying......!

i wonder how much his floating loss has accumulated to ?
Now 15777$ floating loss.
Capital used:0,6%
Profit now: -5,5%
But it will rise :-)
I was saying that I have big capital.You need it for gold trading
  • #11,019
  • Sep 26, 2011 4:49am Sep 26, 2011 4:49am
Quoting ovi
I am using this method for 4 years now and i am still earning. If you take out Gold's chart of past years you will come to know that Gold's ultimate fate is that it rises. No doubt small corrections is part of it but ultimately Gold has to rise. So you can go long with out any fear. The only thing you have to be careful in this method is money management . Just buy as much gold so that you can bear corrections. I started with 1000 $ and i have withdrawn 20,000 $ by the time. Its very successful method but just for Gold and Silver

so you say in 4 years you made $20,000 ? aint bad.

but.. i made over $22,000 in trading gold alone since the beginning of this year....

what if gold keeps on crashing down,,,how much of that would you have lost...?
  • #11,020
  • Sep 26, 2011 4:57am Sep 26, 2011 4:57am
1600... should i buy now !? opinions

my chart said 1580 though
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