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

  • #29,761
  • Dec 5, 2013 4:14am Dec 5, 2013 4:14am
Quoting The Rhodie
{quote} To use geometrical method requires you to be thinking of possibilities that require you to study the chart fro changes that are repetitive. If you recognise those patterns then you can "see" them. If not, then there is no known way I could teach you.Geometry shows where there is a repeat in a pattern that is too similar to be random event. Best way to learn it is to to study what images I have already posted. It does use mostly the !m charts on a 50" screen.
Ah i see, i thought there was specifically method to study it, but still i think i will take my time to learn and understand it

Quoting venzen
{quote} hi Goldenshot, i see theRhodie has already given you some thoughts. Like he says, the geomteric and circular techniques have no methodology - you just make it up as you go along in a way and some consistencies start showing up and eventually fade away. One thing I can say from experience is that these geometries - especially circles - manifest near major turning points in the market. for more about circles, check out FF member Kambooj - he has a thread called Circular Trendlines where he outlines his own methodology. But don't follow it...
thank you so much for the suggestions sir Venzen, i will look up into it
The Force is with me.. Im One With the Force..
  • #29,762
  • Dec 5, 2013 4:44am Dec 5, 2013 4:44am
Quoting spinozagr
does anybody knows any good calculator for calculating the margin required for xauusd? thanks in advance

your leverage should tell you.
You win, you lose. All else is history. The future does not exist.
  • #29,763
  • Dec 5, 2013 4:57am Dec 5, 2013 4:57am
Quoting The Rhodie
{quote} Having analysed your tick chart, your analysis was opposite of what it really was. That was long orders being placed by resting orders. It is an automated process of some sort, but the irregular pattern tells me tht there was some latency and timing going on in it. without the 1 min chart to show what happened for the next 15 mins I cannot work out whether it was a bank or person activating the orders. It seems more like the pattern of a signalled entry for manual placements. Machines are even and regular and you can see exactly how many...
Also notice the narrower bid-ask spread on the left compared to right. Probably an indication that market is over-liquid, with many orders being filled?

It happened some time back again, about 15-20 mins ago, if you go look at the one min spike at 10:44 GMT. I was watching the bid ask spread, it was just 20 cents, and notice the volume spike during that.

Added: It does not give you a lot of info though, just shows ' yeah some orders are filled ', however if it happens repeatedly then its something.
Trends I Love Finding
  • #29,764
  • Dec 5, 2013 5:00am Dec 5, 2013 5:00am
Anyone with MT4 should try this with ellipse:
Attached Image
You win, you lose. All else is history. The future does not exist.
  • #29,765
  • Dec 5, 2013 5:02am Dec 5, 2013 5:02am
Quoting The Rhodie
Anyone with MT4 should try this with ellipse: {image}
What's the time zone? GMT?
Trends I Love Finding
  • #29,766
  • Dec 5, 2013 5:55am Dec 5, 2013 5:55am
Quoting Tilf
{quote} What's the time zone? GMT?

yes. And to add to that analysis I did yesterday, let's look at a bigger time frame to show how the entire market dwarfs these events in size. The black ellipse is a copy of yesterday's dragon-king ellipse. It is only a small event on the grand scale, but it is the kind of crucial change that sets a new harmonic event in motion. Imagine throwing a stone into a lake. The ripples on the water grow in ever growing rings. Throw 2 or more stones and each stone makes an impact on the event. Some waves on ripples are doubled in height, others cancelled out. The ripples move in ouwards rings with fibonacci ratio scales.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 180 KB


And to zoom into the current zone and compare that tiny ellipse to the active market... notice the size of smaller positions from groups of brokers...

Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 143 KB
You win, you lose. All else is history. The future does not exist.
  • #29,767
  • Dec 5, 2013 6:26am Dec 5, 2013 6:26am
1235+ needed for the bulls..
Trade with what you see, not what you feel.
  • #29,768
  • Dec 5, 2013 7:47am Dec 5, 2013 7:47am
Quoting Basement
1235+ needed for the bulls..
I suppose a 10 buck rally might me good. I made my targets today and am satisfied that there is more to bade, but I don't want to be greedy.
You win, you lose. All else is history. The future does not exist.
  • #29,769
  • Dec 5, 2013 7:51am Dec 5, 2013 7:51am
Gold gone touch 1220 mark again in ths week.
  • #29,770
  • Dec 5, 2013 8:04am Dec 5, 2013 8:04am
I don't know what gold is going to do now. I made my trades and now we see what the silly announcements will do at 15h00 GMT
You win, you lose. All else is history. The future does not exist.
  • #29,771
  • Dec 5, 2013 8:05am Dec 5, 2013 8:05am
Good chance of getting below 1200 on this run down..........
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh4.png Size: 38 KB
Money Makes Money
  • #29,772
  • Dec 5, 2013 8:13am Dec 5, 2013 8:13am
Gold price is not correspondent with the strengh of Dollar. Normally, Strong USD, the low Gold price. Not today, the Low USD, the low gold
  • #29,773
  • Edited 9:17am Dec 5, 2013 8:34am | Edited 9:17am
Who wants to be a millionaire? Lottery is nice, but this is real progress. Rate your trades on this index for success. You should make about 10% profit per trade on your account. If not, then consider what your risk management is against your money management. That's where the problem or success could be.

Start capital Trade # Week ROI

60.00 1 10%
66.00 2
72.60 3
79.86 4
87.85 5 1
96.63 6
106.29 7
116.92 8
128.62 9
141.48 10 2
155.62 11
171.19 12
188.31 13
207.14 14
227.85 15 3
250.63 16
275.70 17
303.27 18
333.60 19
366.95 20 4
403.65 21
444.01 22
488.42 23
537.26 24
590.98 25 5
650.08 26
715.09 27
786.60 28
865.26 29
951.79 30 6
1,046.96 31
1,151.66 32
1,266.83 33
1,393.51 34
1,532.86 35 7
1,686.15 36
1,854.76 37
2,040.24 38
2,244.26 39
2,468.69 40 8
2,715.56 41
2,987.11 42
3,285.82 43
3,614.40 44
3,975.84 45 9
4,373.43 46
4,810.77 47
5,291.85 48
5,821.03 49
6,403.14 50 10
7,043.45 51
7,747.80 52
8,522.58 53
9,374.83 54
10,312.32 55 11
11,343.55 56
12,477.90 57
13,725.69 58
15,098.26 59
16,608.09 60 12
18,268.90 61
20,095.79 62
22,105.37 63
24,315.90 64
26,747.49 65 13
29,422.24 66
32,364.47 67
35,600.91 68
39,161.01 69
43,077.11 70 14
47,384.82 71
52,123.30 72
57,335.63 73
63,069.19 74
69,376.11 75 15
76,313.72 76
83,945.09 77
92,339.60 78
101,573.56 79
111,730.92 80 16
122,904.01 81
135,194.41 82
148,713.86 83
163,585.24 84
179,943.77 85 17
197,938.14 86
217,731.96 87
239,505.15 88
263,455.67 89
289,801.23 90 18
318,781.36 91
350,659.49 92
385,725.44 93
424,297.99 94
466,727.78 95 19
513,400.56 96
564,740.62 97
621,214.68 98
683,336.15 99
751,669.76 100 20
826,836.74 101
909,520.41 102
1,000,472.46 103
1,100,519.70 104
1,210,571.67 105 21
1,331,628.84 106
1,464,791.72 107
1,611,270.89 108
1,772,397.98 109
1,949,637.78 110 22
2,144,601.56 111
2,359,061.72 112
2,594,967.89 113
2,854,464.68 114
3,139,911.15 115 23
3,453,902.26 116
3,799,292.49 117
4,179,221.73 118
4,597,143.91 119
5,056,858.30 120 24
5,562,544.13 121
6,118,798.54 122
6,730,678.40 123
7,403,746.24 124
8,144,120.86 125 25
8,958,532.95 126
9,854,386.24 127
10,839,824.86 128
11,923,807.35 129
13,116,188.09 130 26
14,427,806.89 131
15,870,587.58 132
17,457,646.34 133
19,203,410.98 134
21,123,752.07 135 27
23,236,127.28 136
25,559,740.01 137
28,115,714.01 138
30,927,285.41 139
34,020,013.95 140 28
37,422,015.35 141
41,164,216.88 142
45,280,638.57 143
49,808,702.43 144
54,789,572.67 145 29
You win, you lose. All else is history. The future does not exist.
  • #29,774
  • Dec 5, 2013 10:48am Dec 5, 2013 10:48am
Quoting KiwiOz
Good chance of getting below 1200 on this run down.......... {image}
Just doesn't seem to like the smell of 1200 that much, massive 2 bar reversal on the H4 chart now :O I think every gold trader out there will be confused at this point, higher lows for a while, then it just turns and makes us think we are going down with lower highs!


Quoting The Rhodie
{quote} Having analysed your tick chart, your analysis was opposite of what it really was. That was long orders being placed by resting orders. It is an automated process of some sort, but the irregular pattern tells me tht there was some latency and timing going on in it. without the 1 min chart to show what happened for the next 15 mins I cannot work out whether it was a bank or person activating the orders. It seems more like the pattern of a signalled entry for manual placements. Machines are even and regular and you can see exactly how many...

Hey, When the process completed, there was a burst to the upside, then it started to drop back down again, so you probably are right about them being buy orders actually.
insideBars==boss
  • #29,775
  • Dec 5, 2013 11:17am Dec 5, 2013 11:17am
Out of interest, what time frame do most people trade here, I try to stick with H1 and above, but it can be very misleading at times :/
insideBars==boss
  • #29,776
  • Dec 5, 2013 11:20am Dec 5, 2013 11:20am
Quoting adamjn
{quote} Just doesn't seem to like the smell of 1200 that much
Nice quote for me to quote. HAHAHAHAHAHAhahahaa....

{quote}I think every gold trader out there will be confused at this point, higher lows for a while, then it just turns and makes us think we are going down with lower highs! {quote}

Quoting adamjn
{quote} Hey, When the process completed, there was a burst to the upside, then it started to drop back down again, so you probably are right about them being buy orders actually.
Think about it: you place a bid, you get slipped immediately to dangerous territory and then the market moves over your position to profit or stop. That slippage is determined by an algo at the broker and according to leverage. More leverage, more slippage. Ticks show the entries as being the opposite of what is actually happening because of the long and short dual entries.
You win, you lose. All else is history. The future does not exist.
  • #29,777
  • Dec 5, 2013 11:26am Dec 5, 2013 11:26am
Quoting adamjn
Out of interest, what time frame do most people trade here, I try to stick with H1 and above, but it can be very misleading at times :/

I time entries on 1 min chart, watch the day on a compressed 1 min, examine the 4 bigger time frames on 15 min, 30 min, 1h, (4h and 1d. twice a day, daily). Watching the tick charts for indicators of entry points to almost 1 pip where my entry will be placed. The tick chart is an amazing view of the substructure (available to us) that helps determine what kind of trading activity is going on. So there's the 6 screens I use. Under that layer I have other markets all waiting for reference to what gold is doing.
You win, you lose. All else is history. The future does not exist.
  • #29,778
  • Dec 5, 2013 2:18pm Dec 5, 2013 2:18pm
Gold is looking to close sub 1222 to really get this bear move started...
Trade with what you see, not what you feel.
  • #29,779
  • Edited 9:48pm Dec 5, 2013 8:18pm | Edited 9:48pm
Quoting The Rhodie
{quote} Having analysed your tick chart, your analysis was opposite of what it really was. That was long orders being placed by resting orders. It is an automated process of some sort, but the irregular pattern tells me tht there was some latency and timing going on in it. without the 1 min chart to show what happened for the next 15 mins I cannot work out whether it was a bank or person activating the orders. It seems more like the pattern of a signalled entry for manual placements. Machines are even and regular and you can see exactly how many...

Here is another screenshot, this is happening right now, also M1 and M5 from NetDania charts as my broker isn't really recording ticks at this time of the night.

EDIT: Last chart is after... I actually think this is short building, an order is made, price drops, comes back up, another sell put in, down, comes back up, another sell, price goes down... and so on.
Attached Images
insideBars==boss
  • #29,780
  • Dec 5, 2013 9:34pm Dec 5, 2013 9:34pm
waiting for opportunity to buy gold, maybe after europe open
LUCKY golden trades, LUCKY gold investor trading style
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