XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 758 | Metals Mine

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

  • #15,141
  • Jan 8, 2012 11:41pm Jan 8, 2012 11:41pm
Quoting bumapatria
give a search on better volume 1.5 (newest version) i personally like 1.3 more though..
Thank you.
  • #15,142
  • Jan 9, 2012 1:36am Jan 9, 2012 1:36am
covered @ 1616 for tiny profit, down move wasn't very strong, looks like we have established a range between 1600 and 1630 now.
  • #15,143
  • Jan 9, 2012 2:53am Jan 9, 2012 2:53am
Gold and FX

Learn why modern-day currency traders still keep a close eye on something that’s been a benchmark of value for thousands of years: GOLD. (Source: Bloomberg)
  • #15,144
  • Jan 9, 2012 3:24am Jan 9, 2012 3:24am
Quote
I look forward to your return Bemac. I never trade on your wisdom unless it lines up with my own (perhaps to my own detriment), but I always appreciate your perspective.

Bemac never give us any calls, but his signals are enough for us, he said he is long, if a man like Bemac is long, i am long, just waiting for my 3rd shopping in the $1400s.

By the way i am very new to gold, just following the prices for the past 7 - 8 years that is why i am not going to expose more than 10% or 20% of my Investments to metals.

Shoe polish boy worries me.

Still $2000 isn't out of question, what else is shining more than gold ?
  • #15,145
  • Jan 9, 2012 7:28am Jan 9, 2012 7:28am
see a POTENTIAL H+S pattern on H1, if neckline is broken then target is 1573. Don't try to predict the break though! Only trade if neckline is broken.
Attached Image (click to enlarge)
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  • #15,146
  • Jan 9, 2012 7:56am Jan 9, 2012 7:56am
added gold longs due to some fib bar counts and volume confirm - hourly flag broken - on the way to daily r1 nfp spike high?
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #15,147
  • Jan 9, 2012 12:16pm Jan 9, 2012 12:16pm
Quoting Bemac
Can any of you "Coding Gurus" come up with something that would allow me to ADD a Potential Close to the MA equation?

IE. where will MA 'xy' be IF price closes at --- 'y'

B
Not sure what you mean.

Add a potential close....certainly can create an EA that closes an order if two ma's cross??
Life's a bitch....so be a dog and cover it!
  • #15,148
  • Jan 9, 2012 12:25pm Jan 9, 2012 12:25pm
Quoting momotrader
I dont know how many traders are struggling out there, but here is a strategy I have found extremely helpful...

Trading breaks above small bullish bars into the 21EMA with a stop below the bar.

This allows minimal risk with enormous potential if you catch a trend.

Attachment

(NB: stop of my stops have been changed for long-term reasons, however to begin with, they are all just below the bar.

Trust this will be helpful for the coming year in XAU!!!
Could you elaborate a little more.....you watch the 21ema on the 15mins chart? Then wait for a short bullish bar to appear above the 21ema??
Life's a bitch....so be a dog and cover it!
  • #15,149
  • Jan 9, 2012 1:50pm Jan 9, 2012 1:50pm
Quoting Sreym33
Hello all, does anyone have a good volume indicator that they wouldn't mind sharing? Thanks.
This is prob one of the better ones I have come across.
Attached File(s)
File Type: mq4 BetterVolumej1.4.mq4   5 KB | 359 downloads
Life's a bitch....so be a dog and cover it!
  • #15,150
  • Jan 9, 2012 3:10pm Jan 9, 2012 3:10pm
to xtrade (and everyone else but x mostly coz he loves asym triangles)

i decided to hold my longs instead of just for a 10 usd move opened from the vertical line.
i see an assymetrical triangle setup probable to shoot for more therefore i held..
Attached Image (click to enlarge)
Click to Enlarge Name: ven tada rapata.gif Size: 17 KB

lets see price's reaction. Pros to the setup is the uptrend already in gold - euro possible retrace to higher levels before continuing south But mostly USDX is at top of channel and lot of resistance in Past Price action - rsi bearish divergence for quite some time.
after all im trading xauusd - usd falls, xau should go up.
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #15,151
  • Jan 9, 2012 5:14pm Jan 9, 2012 5:14pm
Quoting dogbreath
Not sure what you mean.

Add a potential close....certainly can create an EA that closes an order if two ma's cross??
Hi DB, The Attached is merely as an example.
The Green Line is a 12 Period SMA.
My question is.
IF, GBPCAD Jumped UP to the Green Horiz Line above it @ 1.6190, Where would that Close put the SMA?

Attached Image (click to enlarge)
Click to Enlarge Name: forward lokk at ma.gif Size: 33 KB

Thanks for thinking about it.
I think it would require a "Current Close Override" but I don't know.
The 1.6190 would be a User Input.

B
  • #15,152
  • Edited 8:45pm Jan 9, 2012 6:36pm | Edited 8:45pm
Quoting lilpip
the single yearly pivot of 2012 is the 1597-1600 area so its bulls above we confirm it with a break of the secondary trend the quarterly trend guide 1632.
jan. monthly trend guide 1629
bias is down from 1629-32 area
1769
1629
1489
weekly pivot 1604
1648-55
1604
1535
The battle for 1st quarter direction.
Bias is up from the daily and weekly pivot area 1597-1604 with eyes on 1632 response. Candle formations and pa on the 5 min.will give a heads up.
bounce down from 1632 is noted.
bounce up from 1604 noted, also noted is there was no dip below 1604 as she stayed above 2012 single year trendguide 1597,which days pa leans to the upside.
However, still waiting on her final decision for direction and maybe even a following day confirmation if she plays nice.

silvers bounce up from weekly pivot 28.58 is also noted.
  • #15,153
  • Jan 9, 2012 8:12pm Jan 9, 2012 8:12pm
Quoting Bemac
Hi DB, The Attached is merely as an example.
The Green Line is a 12 Period SMA.
My question is.
IF, GBPCAD Jumped UP to the Green Horiz Line above it @ 1.6190, Where would that Close put the SMA?

Attachment
Thanks for thinking about it.
I think it would require a "Current Close Override" but I don't know.
The 1.6190 would be a User Input.

B
have u talked with JR, Bemac? i think he has some tools such as this but im not so sure if "possible close" is a input price - that would be deadly cool btw.
Have I got something on my face, SOLDIER?
  • #15,154
  • Jan 9, 2012 8:20pm Jan 9, 2012 8:20pm
Still puttering around this 1615 area....
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #15,155
  • Jan 9, 2012 8:26pm Jan 9, 2012 8:26pm
Quoting Bemac
Hi DB, The Attached is merely as an example.
The Green Line is a 12 Period SMA.
My question is.
IF, GBPCAD Jumped UP to the Green Horiz Line above it @ 1.6190, Where would that Close put the SMA?

Attachment
Thanks for thinking about it.
I think it would require a "Current Close Override" but I don't know.
The 1.6190 would be a User Input.

B
Wouldn't it just be 1.6190 + the eleven previous closes divided by the total SMA period (12)?

I'm no mql4 expert, but I bet this would be easy to code. The math is simple, so it would be a pretty rudimentary command to add into existing SMA indicators.

Correct me if I am misunderstanding. I may well be.
  • #15,156
  • Jan 9, 2012 8:30pm Jan 9, 2012 8:30pm
Quoting bumapatria
have u talked with JR, Bemac? i think he has some tools such as this but im not so sure if "possible close" is a input price - that would be deadly cool btw.
JR? Too confusing... JR is my Son's name.
Where de Man? We'll get there.


B
  • #15,157
  • Jan 9, 2012 8:35pm Jan 9, 2012 8:35pm
Quoting Wheels
Wouldn't it just be 1.6190 + the eleven previous closes divided by the total SMA period (12)?

I'm no mql4 expert, but I bet this would be easy to code. The math is simple, so it would be a pretty rudimentary command to add into existing SMA indicators.
Sounds pretty simple when you say it that way. I knew I needed Outside to the Inside.
May Be.
Gurus?

B
  • #15,158
  • Edited 9:07pm Jan 9, 2012 8:49pm | Edited 9:07pm
Quoting XTrade
Wellllll....

We Got the close above 1608 and 10., and the channel LTL (Weekly)

Now the tale will need to be told next week if we can sustain it...
Jury is still out.
Mon. daily close @ 1611 noted.
  • #15,159
  • Jan 9, 2012 9:03pm Jan 9, 2012 9:03pm
Depends on what you are looking at.

Futures closed at 1608.10 and London PM Fix was 1615.00 and I got XAUUSD at 1611.35
  • #15,160
  • Jan 9, 2012 9:15pm Jan 9, 2012 9:15pm
Quoting lilpip
Jury is still out.
Mon. daily close @ 1611 noted.
I'm not sure the jury has returned from Xmass Lunch.
I won't "Read" any Market until sometime in Feb. I Will Play, but only with caveats.

B
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