XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 879 | Metals Mine

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

  • #17,561
  • Mar 13, 2012 2:06pm Mar 13, 2012 2:06pm
Quoting Jhonypips
Gold is going 1620

Its down.

Why do you think that?

I know about some traders expecting high volatility this week driven by fundamentals, but I don't know why.

It would be nice to know reasons.
  • #17,562
  • Mar 13, 2012 2:06pm Mar 13, 2012 2:06pm
Quoting Jhonypips
Gold is going 1620

Its down.

On what basis?
Life's a bitch....so be a dog and cover it!
  • #17,563
  • Mar 13, 2012 2:08pm Mar 13, 2012 2:08pm
Quoting Jhonypips
Gold is going 1620

Its down.

I just see her completing the last leg of triangle before beating 1800. http://www.forexfactory.com/showthre...69#post5459869 Count is valid as long as 1662 level isn't broken
Lehman Sisters Wouldn't Have Failed
  • #17,564
  • Mar 13, 2012 2:11pm Mar 13, 2012 2:11pm
My experience says never ever copy trades of any trader even if he is the champion of trading.

95% chances are that you will loose your whole account.

Another thing you keep copy trades you will never learn. If you are a newbie first learn it and do demo trading.

I have seen majority to traders who follow forums and come to forum to get an idea blown their account many times.
  • #17,565
  • Mar 13, 2012 2:33pm Mar 13, 2012 2:33pm
Quoting Jhonypips
My experience says never ever copy trades of any trader even if he is the champion of trading.

95% chances are that you will loose your whole account.

Another thing you keep copy trades you will never learn. If you are a newbie first learn it and do demo trading.

I have seen majority to traders who follow forums and come to forum to get an idea blown their account many times.
i truly agree with you
  • #17,566
  • Mar 13, 2012 2:33pm Mar 13, 2012 2:33pm
well Jhonypips, that's why we are asking for a reason. It is easy to follow someone, it is harder and much better to know what to expect and why.

These guys I mentioned are calling for 1580 or 1800 by the end of this week. As I don't know what are they talking about, I just don't care. I trade like allways. TP and SL. I trade what I see, but I like to hear what someone who make a call has to say, specially why.
  • #17,567
  • Mar 13, 2012 2:37pm Mar 13, 2012 2:37pm
Chart but never follow any trader.

1620 where I see bounce but I see much lower then this .

If you want to be a real trader never follow other traders I rarely come to forum but whenever I come to forum I unable to do profit trades bcoz my mind get double minded.

If you want to be good trader never come to forums just learn it as much as you can on demo once you feel yes you can make smooth profit then you should invest in real account
  • #17,568
  • Mar 13, 2012 2:39pm Mar 13, 2012 2:39pm
FA doesn't work all time!Because we are not in the linear world,we in the nonlinear world!So the effect can not be predicted based on the force and direction of the cause!This is why fundemal and technical don't make profits cosistently in the market!
  • #17,569
  • Mar 13, 2012 2:46pm Mar 13, 2012 2:46pm
JPM just announced increase in dividends and stock buyback. Guess what's paying for it?
  • #17,570
  • Mar 13, 2012 2:57pm Mar 13, 2012 2:57pm
Looks like a double bottom with last week is in.
  • #17,571
  • Mar 13, 2012 2:58pm Mar 13, 2012 2:58pm
Arrrgghh!!!!

I wasn't expecting this level of price today and I didn't adjust my TP.

I expected my tp to be hit this friday.

Now I'll wait and see what happen.
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  • #17,572
  • Mar 13, 2012 3:08pm Mar 13, 2012 3:08pm
levels to watch
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  • #17,573
  • Mar 13, 2012 3:24pm Mar 13, 2012 3:24pm
With price hitting and bouncing off the downward trending black line, and is also bouncing off the extreme Support line (purple line). This could result in a nice jump upwards.
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  • #17,574
  • Mar 13, 2012 3:33pm Mar 13, 2012 3:33pm
+1 rubber ducky
  • #17,575
  • Mar 13, 2012 3:39pm Mar 13, 2012 3:39pm
price gold $1300..
  • #17,576
  • Mar 13, 2012 3:46pm Mar 13, 2012 3:46pm
Quoting kill56
levels to watch
what is that indi sir?
  • #17,577
  • Mar 13, 2012 3:48pm Mar 13, 2012 3:48pm
Quoting goshko147
price gold $1300..
??
  • #17,578
  • Mar 13, 2012 4:07pm Mar 13, 2012 4:07pm
Quoting hollyspectre
what is that indi sir?

u can find it at the grave yard fib m
  • #17,579
  • Mar 13, 2012 4:10pm Mar 13, 2012 4:10pm
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Been touching the first monthly support twice... (M S1)

If it goes below this level, I'm expecting it will touch 1625 area which is third weekly support, second monthly support and 61.8% retracement
  • #17,580
  • Mar 13, 2012 4:19pm Mar 13, 2012 4:19pm
Quoting kill56
u can find it at the grave yard fib m
Hey, Kill. Just found your great thread. Must say you are very kind and has a big heart!

All the best
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