56-58 cashing out and awaiting next setup.
http://img267.imageshack.us/img267/2...tp11102011.png
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #11,921
- Oct 11, 2011 3:53am Oct 11, 2011 3:53am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
http://img267.imageshack.us/img267/2...tp11102011.png
- #11,922
- Oct 11, 2011 3:57am Oct 11, 2011 3:57am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
GLD seems to wave in the 4 hour Fibonacci range 23.6%- 38.2%.
http://pixelbrush.ru/uploads/posts/2...ght_vector.jpg
- #11,924
- Oct 11, 2011 4:03am Oct 11, 2011 4:03am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
1650 could be support,but who knows theese days
- #11,925
- Oct 11, 2011 4:07am Oct 11, 2011 4:07am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
Anything can happen.
- #11,926
- Oct 11, 2011 4:11am Oct 11, 2011 4:11am
I will wait with my buys to 1850.Then I rly dont know what to do.Scared of more downside moves But this time it will break 1850,1900,1950.I think 1950>1850 and up again.We must see 2000$ before end of year.So
But this time it will break 1850,1900,1950.I think 1950>1850 and up again.We must see 2000$ before end of year.So
- #11,927
- Oct 11, 2011 4:13am Oct 11, 2011 4:13am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
I will wait with my buys to 1850.Then I rly dont know what to do.Scared of more downside moves
- #11,928
- Oct 11, 2011 4:39am Oct 11, 2011 4:39am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
BRENT going down and need to see reaction @ MP @ 106.80. If we can reverse there, metals should be supported as well.
Anything can happen.
- #11,929
- Oct 11, 2011 4:44am Oct 11, 2011 4:44am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
I like the crude correlation - new tool for me to use cheers
Id like to see test of the highlighted area, fair to expect it soon too.
- #11,930
- Oct 11, 2011 4:57am Oct 11, 2011 4:57am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
http://img405.imageshack.us/img405/2...h111102011.png
Id like to see test of the highlighted area, fair to expect it soon too.
Silver is holding at the short term trendline/fib confluence area. However - news will probably be running the show today.
Anything can happen.
- #11,931
- Oct 11, 2011 4:59am Oct 11, 2011 4:59am
http://img810.imageshack.us/img810/2...3011102011.png
...and probably time to reverse, Dollar found support @ MP.
I also subscribed to your High velocity trading thread and will be trying indicators attched after oct 2011 part
thasnk again ruffy
@Mods please make me permanent member, I'm here for some serious learnings and business.
- #11,932
- Oct 11, 2011 5:06am Oct 11, 2011 5:06am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
on gold I'd be looking for reaction when (if) we reach 40-44 area. until then not interested.
- #11,933
- Oct 11, 2011 5:32am Oct 11, 2011 5:32am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
thanks for the call i made nice profit because of it
I also subscribed to your High velocity trading thread and will be trying indicators attched after oct 2011 part
thasnk again ruffy
@Mods please make me permanent member, I'm here for some serious learnings and business.
http://news.goldseek.com/CliveMaund/1318245753.php
I would be interested in everyones thoughts on the above article?
and the analysis within, and also the Author.
Happy trading all
I would be interested in everyones thoughts on the above article?
and the analysis within, and also the Author.
Happy trading all
http://news.goldseek.com/CliveMaund/1318245753.php
I would be interested in everyones thoughts on the above article?
and the analysis within, and also the Author.
Happy trading all
Personally I am keeping some dry powder - as always, as I like buying hard on the bigger dips... lower leverage, deep SL's and long term trades...
But I am wondering about placing a short at this point, with a SL up at 1750's , and TP down by the 1600 mark, usually I trade longer timeframe, and go long and buy on the dips but recently I have been taking smaller scalps both long and shorts.
Plus am already in on one short from 1678, wondering if I should just TP now or at the 1650 mark or hold out, sl is 1745 and then just wait and see.
- #11,938
- Oct 11, 2011 7:35am Oct 11, 2011 7:35am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
Anything can happen.
- #11,940
- Oct 11, 2011 7:51am Oct 11, 2011 7:51am
http://news.goldseek.com/CliveMaund/1318245753.php
I would be interested in everyones thoughts on the above article?
and the analysis within, and also the Author.
Happy trading all
The thing to do is look at his track record of predictions. Personally I like bob chapman from
http://www.theInternationalforecaster.com
He has a 95% correct record over the last 30 years.
I would agree with the daily chart analysis possibly going down to ~1520 before we see a good bull run.
Overall though....I thought the article was interesting.
Life's a bitch....so be a dog and cover it!