gold and silver
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 50 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
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Successful XAU/USD traders 7 replies
DislikedSame here Roncho (fridays close was 1716 and todays open was 1724Ignored
Dislikedanyone who has a complete teaching material about BEMAC's ICCE trading.
I tried to learn that from this forum. But I found it very difficult as I am a Chinese guy who are not very good at English especially BEMAC's slang or some very weird language to me.Ignored
DislikedGREECE passed the austerity bill... 199yes to 75no.
be interesting to see the effects on gold.Ignored
DislikedSince I have a bearish bias, i've been wondering how can we sense the market to see if 1762,97 is a swing high point and we are now heading south, or if we are just witnesses of a complex pullback. After all, having a plan implies observe market behaviour to see if my premises are beeing acomplished or negated by facts.
So, I want to ask:
- How do you recognize a swing high/low?
- Do you have a method to measure it?
- Where are the price levels that validates or invalidates a premise?
Thanks in advance.Ignored
Dislikedlilpip, i don't trade silver. But at first sight i would say the same thing.
Although silver didn't create a lower low and seems to have a strong support @ 26.
So far it seems to me to be in a sideways market or on its way to print a falling wedge.
In fact, that is what I think gold is going to create.
I believe gold will create a new lower low before creating a new higher high.
XTrade, I know I use lines that don't look ok.
I shouldn't be using candles that are potential highs before it is confirmed.