XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1452 | 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

  • #29,021
  • Nov 26, 2013 11:38am Nov 26, 2013 11:38am
Quoting komrad
{quote} noted, maybe trailing SL is good idea now instead of adjusting TP i guess
1237.27 -1238.88 is a good support for the price and I think this Area will tell us up or down
  • #29,022
  • Nov 26, 2013 11:46am Nov 26, 2013 11:46am
Quoting LarryLU
{quote} You can set your Limit to 1225-1227, and use Trailing Stop with some condition, like when the price breaks below 1235. Do not suggest to use trailing stop too early, only when it is close to your target. If your trailing stop is still far from your price while the price is close to limit, you may think about lower your limit. But first of all, it needs to break below 1240 & 1235.

noted, thanks a lot for guidances
  • #29,023
  • Nov 26, 2013 11:47am Nov 26, 2013 11:47am
Quoting bugsbunny110
{quote} 1237.27 -1238.88 is a good support for the price and I think this Area will tell us up or down

thanks bunny..
  • #29,024
  • Nov 26, 2013 11:52am Nov 26, 2013 11:52am
Looks like 1240 may hold. Thinking it is going to be re-test soon. If hold, I will cover my short and turn long again.
  • #29,025
  • Nov 26, 2013 11:55am Nov 26, 2013 11:55am
Quoting Gr14
{quote} Hi komrad, i have same opinion with you. the target will be 1175 before bounce up, but let's see whats going on later no one can predict the market. good luck

thats my initial target, but then i think maybe its too optimistic, plus as what bunny and larry said 1240 and 1230 need to breach first, IMO later then 121X.. due to this support level, i thought maybe 1175 seems to far fetched.. how about u?
  • #29,026
  • Nov 26, 2013 12:03pm Nov 26, 2013 12:03pm
Quoting komrad
{quote} thats my initial target, but then i think maybe its too optimistic, plus as what bunny and larry said 1240 and 1230 need to breach first, IMO later then 121X.. due to this support level, i thought maybe 1175 seems to far fetched.. how about u?
I already covered my shorts at break-even. Still thinking 1240 will be re-tested but too risky trade for me.
  • #29,027
  • Nov 26, 2013 12:20pm Nov 26, 2013 12:20pm
h1 candle change to be pinbar and the its a strong level at 1240+- , please check and its succesul retrace 50% at d1 pinbar so i closed my short position with +40pips and change into to long .. =D wish me gdluk
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-d1-hf-markets-ltd.png Size: 44 KB
  • #29,028
  • Nov 26, 2013 12:38pm Nov 26, 2013 12:38pm
Quoting komrad
{quote} thats my initial target, but then i think maybe its too optimistic, plus as what bunny and larry said 1240 and 1230 need to breach first, IMO later then 121X.. due to this support level, i thought maybe 1175 seems to far fetched.. how about u?

IMO this down trend not yet finish cause this is really close to 1175 - 1200. i dont think it will bounce up before touch 1200-1175. im just newbie, maybe im wrong.

my short target would be 1200
for long around 9xx
  • #29,029
  • Nov 26, 2013 12:49pm Nov 26, 2013 12:49pm
Quoting Gr14
{quote} IMO this down trend not yet finish cause this is really close to 1175 - 1200. i dont think it will bounce up before touch 1200-1175. im just newbie, maybe im wrong. my short target would be 1200 for long around 9xx

am also newbie.. i am leaning towards downtrend but short term speaking, IMO 1200 maybe realistic if we can breach 1236. if not maybe the price will go up to 1250 before down again.. but thats just my opinion, maybe i am wrong.. for me better something then nothing..
  • #29,030
  • Nov 26, 2013 12:56pm Nov 26, 2013 12:56pm
Quoting komrad
{quote} thats my initial target, but then i think maybe its too optimistic, plus as what bunny and larry said 1240 and 1230 need to breach first, IMO later then 121X.. due to this support level, i thought maybe 1175 seems to far fetched.. how about u?
As I said, uptrend is more likely for me as we hold 1237.27 -1238.88

Thinking in TP 1268-1276

Then I will Short from this area again to 1180

this is totally technical as we have to retrace before continue the downtrend
  • #29,031
  • Nov 26, 2013 1:10pm Nov 26, 2013 1:10pm
Quoting komrad
hi all, asking for opinion, should i hold this post or closed it? i am targeting 1175.. can it be that low? {image}
It could, but keep an open mind. gold is at a crossroads right now. If it breaks below 1234, it's going down a lot lower over days or weeks. For now it's at crisis point. My opinion.
You win, you lose. All else is history. The future does not exist.
  • #29,032
  • Nov 26, 2013 1:11pm Nov 26, 2013 1:11pm
Quoting bugsbunny110
{quote} As I said, uptrend is more likely for me as we hold 1237.27 -1238.88 Thinking in TP 1268-1276 Then I will Short from this area again to 1180 this is totally technical as we have to retrace before continue the downtrend
hurm.. thats also true.. am thinking to wait until this hour candlestick close.. if its below 1242, it may have chance to break 1240 to 1236 .. if its not maybe its time to retrace..
  • #29,033
  • Nov 26, 2013 1:15pm Nov 26, 2013 1:15pm
Quoting The Rhodie
{quote} It could, but keep an open mind. gold is at a crossroads right now. If it breaks below 1234, it's going down a lot lower over days or weeks. For now it's at crisis point. My opinion.

yeah, i am analyzing the situation now.. am waiting maybe for two more hour before make a decision.. could u give your opinion on gold direction? could use expert opinion as i am just beginning my live trade..
  • #29,034
  • Nov 26, 2013 1:16pm Nov 26, 2013 1:16pm
Quoting komrad
{quote} yeah, i am analyzing the situation now.. am waiting maybe for two more hour before make a decision.. could u give your opinion on gold direction? could use expert opinion as i am just beginning my live trade..
I am no expert. You have to analyse your view and trade what you see and what you know. This is a bad time to get in. leave it for 10 hours.
You win, you lose. All else is history. The future does not exist.
  • #29,035
  • Nov 26, 2013 1:21pm Nov 26, 2013 1:21pm
Quoting The Rhodie
{quote} I am no expert. You have to analyse your view and trade what you see and what you know. This is a bad time to get in. leave it for 10 hours.
i opened up my post 10 hours ago.. now i want to decide either to hold or closed, no interest in opening new position.. just waiting for us market closed to conclude my trade..
  • #29,036
  • Nov 26, 2013 1:24pm Nov 26, 2013 1:24pm
Quoting komrad
{quote} i opened up my post 10 hours ago.. now i want to decide either to hold or closed, no interest in opening new position.. just waiting for us market closed to conclude my trade..
close.
  • #29,037
  • Nov 26, 2013 1:24pm Nov 26, 2013 1:24pm
Quoting komrad
{quote} yeah, i am analyzing the situation now.. am waiting maybe for two more hour before make a decision.. could u give your opinion on gold direction? could use expert opinion as i am just beginning my live trade..
I do an analysis almost every day that may be helpful to some people who are into using Fib ratios, Crowd Psychology and available fuzzy-logic data merges. There are also extended pattern recognition systems of fractal basis that expand and offer potential entries. Unless you know my system, you would be lost completely. The only helpful thing may be the market history analysis. Gold was supposed to make the 1268 level today and failed completely. The global economy is tired of recession and is climbing out of it very slowly until China's debt becomes a global headache. If that should ever happen, we are all in for huge shock. Their risk potential makes the continental Americas and Europe's troubles appear like a child's nightmares.

For now gold is bearish overall and not worth trading until 30 mins before LSE opens tomorrow.
You win, you lose. All else is history. The future does not exist.
  • #29,038
  • Nov 26, 2013 1:26pm Nov 26, 2013 1:26pm
Quoting The Rhodie
{quote} I am no expert. You have to analyse your view and trade what you see and what you know. This is a bad time to get in. leave it for 10 hours.
you are very good man, you have a good view for chart

beside that, this is what I told before but no one listen to me there is different between enjoying to determine the market and making profits
for secure profits, I see that EA is the solution depending on hedge and Math in order to not lose

I already made mine and I made a back test and it was so good, now days I am testing it on Demo account for a month or something then I will start to put it on live account

the only problem of this EA is: it is required a big capital as it is some sort of basket trading so it is required min 20K

I would like to share with you Myfxbook
http://www.myfxbook.com/members/kari...arim-ea/750931
  • #29,039
  • Nov 26, 2013 1:36pm Nov 26, 2013 1:36pm
Call me crazy but I still think it is going down.
  • #29,040
  • Nov 26, 2013 1:38pm Nov 26, 2013 1:38pm
Quoting bugsbunny110
{quote} you are very good man, you have a good view for chart beside that, this is what I told before but no one listen to me there is different between enjoying to determine the market and making profits for secure profits, I see that EA is the solution depending on hedge and Math in order to not lose I already made mine and I made a back test and it was so good, now days I am testing it on Demo account for a month or something then I will start to put it on live account the only problem of this EA is: it is required a big capital as it is some...

Have you considered GKFX or IG? Ig has MT4 interface.
You win, you lose. All else is history. The future does not exist.
106 traders viewing now