XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 562 | 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

  • #11,221
  • Sep 28, 2011 6:39am Sep 28, 2011 6:39am
Quoting Ravissek
Rly dont know why you guys shorting gold when .......
Because some people like to make money both directions simply because ....... price goes both direction.
  • #11,222
  • Sep 28, 2011 7:00am Sep 28, 2011 7:00am
Quoting SunTrader
Because some people like to make money both directions simply because ....... price goes both direction.
Direction one : Profit
Directon two: Good to buy
  • #11,223
  • Sep 28, 2011 7:08am Sep 28, 2011 7:08am
Quoting Ravissek
Rly dont know why you guys shorting gold when its in bullish trend.And gold is every day every week and every month bullish.When it comes down why you shorting? Just get the best chance for buy low!

the reason why we are shorting is quite obvious. the market sentiment on gold 'at the moment' is bearish, without any doubts. not bullish. longer term maybe be bullish, but mid term is defo bearish. so that is why people are taking shorts when required. why trade against the immediate trend ?


i myself am short from 1649. have set tp at + 10 pips. market aint moving much. so 10 pips is fine for a day like today.


my long at 1663 is still open....may leave that running a while.


iam off for the day...
  • #11,224
  • Sep 28, 2011 7:10am Sep 28, 2011 7:10am
SOLD
ROBOT FOREX
  • #11,225
  • Sep 28, 2011 7:18am Sep 28, 2011 7:18am
Quoting Forbes55
SOLD

I smell bear too,but not take short trade for now,becouse short wave not correct acourding my style

waiting for correct re entry wave accourding my style
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 21 KB
  • #11,226
  • Edited 8:26am Sep 28, 2011 7:35am | Edited 8:26am
Beware of China’s Pan Asia Gold Exchange


Gold markets will never be the same again once China establishes the so called Pan Asia Gold Exchange (PAGE), scheduled to open in June, 2012, analysts predicted.

The Exchange, which will be opened at Kunming, capital of China’s southwestern province of Yunman will certainly change the way gold prices are setting, analysts added.


Many believes that it will create greater transparency in the markets because the gold will be priced in terms of an alternative currency, bypassing the dollar, which remains global currency.The main attraction of the exchange is that it will allow average Chinese to buy physical gold or set up an account with a brokerage firm and trade futures, to sell and buy in yuan.

Average Chinese has been able to buy and own physical gold since the opening of the Shanghi Gold Exchange in 2002. With the new Pan Asian Gold Exchange, the Chinese peoples’ ability to own gold and Silver has been expanded by enabling them to buy it online, analysts added

Full article:
http://www.commodityonline.com/news/...42667-3-1.html
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #11,227
  • Sep 28, 2011 7:38am Sep 28, 2011 7:38am
Quoting Ravissek
Good to buy
... at the right price.

Why pay a premium if you don't have to? Or at least not a high premium.
  • #11,228
  • Sep 28, 2011 7:48am Sep 28, 2011 7:48am
1 Short opened @ 1648 will keep opening till 1667 stop loss is 1672 and TP is undecided

Reason bearish triangle
  • #11,229
  • Sep 28, 2011 7:56am Sep 28, 2011 7:56am
I want to ask you guys.What are your monthly taxes and monthly $ earn?
I am from czech republic and my monthly taxes are about 722$
Earn are about 2500.Max about 5-10k$
  • #11,230
  • Sep 28, 2011 8:04am Sep 28, 2011 8:04am
Quoting Ravissek
I want to ask you guys.What are your monthly taxes and monthly $ earn?
I am from czech republic and my monthly taxes are about 722$
Earn are about 2500.Max about 5-10k$
I'm from Russia and things here are just fucking awful about salary and so on
ROBOT FOREX
  • #11,231
  • Sep 28, 2011 8:05am Sep 28, 2011 8:05am
Quoting Ravissek
I want to ask you guys.What are your monthly taxes and monthly $ earn?
I am from czech republic and my monthly taxes are about 722$
Earn are about 2500.Max about 5-10k$
Why do you need to know this? People's account sizes and returns are going to vary wildly.

What's your monthly % return?
Anything can happen.
  • #11,232
  • Sep 28, 2011 8:25am Sep 28, 2011 8:25am
Gold ATM Hits Beijing.

http://english.cri.cn/6909/2011/09/28/2941s660379.htm

What do you think?
The Black Swan: The Impact of the Highly Improbable
  • #11,233
  • Sep 28, 2011 9:02am Sep 28, 2011 9:02am
as im buying , these news interested me

http://www.forexfactory.com/news.php?do=news&id=317572
  • #11,234
  • Sep 28, 2011 9:11am Sep 28, 2011 9:11am
Quoting GoldenDude
as im buying , these news interested me

http://www.forexfactory.com/news.php?do=news&id=317572
Im shorting
Attached Image (click to enlarge)
Click to Enlarge Name: gold short.gif Size: 21 KB
  • #11,235
  • Sep 28, 2011 10:33am Sep 28, 2011 10:33am
done shorting
  • #11,236
  • Sep 28, 2011 10:35am Sep 28, 2011 10:35am
Quoting Pbh
done shorting
time to go long.... or not ...
  • #11,237
  • Sep 28, 2011 10:40am Sep 28, 2011 10:40am
iam out of my short entered at 1649. profit + 10 pips.

i think thats it for today for me. not much happening with gold today..


see ya all tomorrow.
  • #11,238
  • Sep 28, 2011 11:10am Sep 28, 2011 11:10am
The support we have seen today is not speculative, it is real demand driven.

Gold Low 1630
Gold High 1670

a very stable market today, lets see where it goes from here.

(please note that i am not an expert, so my words hold no value, be careful)
  • #11,239
  • Sep 28, 2011 11:17am Sep 28, 2011 11:17am
Not what a chart is showing.

Demand driven.
  • #11,240
  • Sep 28, 2011 11:28am Sep 28, 2011 11:28am
Quoting SunTrader
Not what a chart is showing.

Demand driven.
Its in the 1630s, not demand driven at the moment, but good support, it may drop but not too much, lets see
89 traders viewing now