XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 1513 | Metals Mine

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

  • #30,241
  • Dec 12, 2013 5:52am Dec 12, 2013 5:52am
Quoting PIPot
BULLS, nah.... maybe BULLSHIT!

Seriously? It's hard enough to trade with the market, but adding your insults is a bad idea. Insult the market, not the people. The market doesn't care but people do.

And btw, I agree with your sentiment of bearish.
You win, you lose. All else is history. The future does not exist.
  • #30,242
  • Dec 12, 2013 5:55am Dec 12, 2013 5:55am
Quoting PIPot
{quote} your Long right? ahahhahaha watta loser..... ahahahaha
Strike 2. Market, not people.
You win, you lose. All else is history. The future does not exist.
  • #30,243
  • Dec 12, 2013 5:56am Dec 12, 2013 5:56am
Quoting pipcenturion
Hi all, I suggest buying gold at market price (1242) First target is 1254 A 1 hour candle close below 1240 invalidates this call. Happy trading!
Maybe that should have read more like:
Quoting pipcenturion
Hi all, I suggest buying gold at market price (1242) First target is 1254 A 5 minute candle close below 1240 invalidates this call. Happy trading!
You win, you lose. All else is history. The future does not exist.
  • #30,244
  • Dec 12, 2013 5:58am Dec 12, 2013 5:58am
Quoting PIPot
Relax , Dont panic AND LASTLY DONT GO LONG!
Money Makes Money
  • #30,245
  • Dec 12, 2013 6:01am Dec 12, 2013 6:01am
I wasnt even talking to him.. i was just posting my charts and the kid put me to his ignore list (i dont really care if he ignored me, not my loss) anyway i think its better to shut my mouth and just be a lurker here... Good luck
Pecuniae obediunt omnia
  • #30,246
  • Dec 12, 2013 6:01am Dec 12, 2013 6:01am
I suspect that Yen strength has something to do with Gold weakness today. FED is up to it's eyeballs in paper that looks like money (but we know better...) and can't dig itself out of this financial blackhole. The event horizon approaches...
You win, you lose. All else is history. The future does not exist.
  • #30,247
  • Dec 12, 2013 6:03am Dec 12, 2013 6:03am
Quoting PIPot
I wasnt even talking to him.. i was just posting my charts and the kid put me to his ignore list (i dont really care if he ignored me, not my loss) anyway i think its better to shut my mouth and just be a lurker here... Good luck
It's refreshing to see you have an opinion that not everyone agrees with, just tone it down a couple notches.
You win, you lose. All else is history. The future does not exist.
  • #30,248
  • Dec 12, 2013 6:10am Dec 12, 2013 6:10am
So after the atrocity that Gold prices committed , gaining $55 on fundamentals that should have made it move at least as much to the downside, will reality finally catch up here, and get this damn thing to break that magical 1180 so we can start talking about 1000 .
Officer ... I swear to drunk I am not God
  • #30,249
  • Dec 12, 2013 6:14am Dec 12, 2013 6:14am
Quoting bugsbunny110
{quote} tell us
It means that the bullish ideas everyone had are a pile of poo right now. It was actually a rhetorical question. Now it looks like 1148 is closer to reality than before. Now that's a scary thought.

Bulls ought to go on holiday. Bears eating the lion's share...
You win, you lose. All else is history. The future does not exist.
  • #30,250
  • Dec 12, 2013 6:17am Dec 12, 2013 6:17am
Quoting razaali
{quote} 1236 has to give support for long position otherwise too much risky
again i will post this for u guys
1236 is important, broken, way down , be careful
  • #30,251
  • Dec 12, 2013 6:20am Dec 12, 2013 6:20am
I wonder if the honeymoon ends around 1224? Someone asked me what level to put their TP.the 1st 2 are gone, the next 2 are in sight. Oh dear....
You win, you lose. All else is history. The future does not exist.
  • #30,252
  • Dec 12, 2013 6:21am Dec 12, 2013 6:21am
Quoting PIPot
I wasnt even talking to him.. i was just posting my charts and the kid put me to his ignore list (i dont really care if he ignored me, not my loss) anyway i think its better to shut my mouth and just be a lurker here... Good luck
I think that's the best thing to do, just watch in the background and let people do what they got to do, after all for you to be making bearish pips you need as many bulls in play as possible, thats how it works, liquidity does not just magically appear, so thank the bulls for jumping onto that train , but do it like I do ... silently with a big grin .
It takes years to get some kind of realistic sense of direction , and we have all been on wrong sides of trades, and at times even on right sides, without actually knowing why, everyone starts somewhere...but yeah good call on the southbound.
peace.
Officer ... I swear to drunk I am not God
  • #30,253
  • Dec 12, 2013 6:31am Dec 12, 2013 6:31am
Quoting Ssm
A look at H4 suspects that 1252 was a previous resistance turned support. Lets see how it goes from here. Nevertheless, the decision whether or not to taper caused fear in my trading decision, because in Gold, PA is extremely unpredictable during news release, SL can be immediately wiped out before reaching your TP. How you guys handle it? Trading in gold is indeed emotionally taxing, after trading gold for merely a month or two.
Although I did not trade this when I commented, but PA is really scary, is the sudden dip due to the failure of 1252 support? The reaction is just too great. Perhaps Gold is not suitable for everyone, or maybe me?
The true fact is market doesn't care, risk mgt is important.
  • #30,254
  • Dec 12, 2013 6:33am Dec 12, 2013 6:33am
Gold could bottom here in the next hour.
You win, you lose. All else is history. The future does not exist.
  • #30,255
  • Dec 12, 2013 6:38am Dec 12, 2013 6:38am
Quoting The Rhodie
Gold could bottom here in the next hour.

  • #30,256
  • Dec 12, 2013 6:39am Dec 12, 2013 6:39am
Quoting Ssm
{quote} Although I did not trade this when I commented, but PA is really scary, is the sudden dip due to the failure of 1252 support? The reaction is just too great. Perhaps Gold is not suitable for everyone, or maybe me?

I think Gold is a very suitable trade , if one does not expect fairy tales, Gold is only a worthy investment when things are about to go to shit, and needs to be offloaded at the very first sign of things stabilizing, those first signs have been showing for quite some time. Don't fight logic and it will eventually prevail.
I will keep adding shorts up until the US session, but then think I will hedge because I would not be surprised if Gold does spike up again momentarily even on good data coming from US, there are a lot of stubborn people out there.
Officer ... I swear to drunk I am not God
  • #30,257
  • Dec 12, 2013 6:40am Dec 12, 2013 6:40am
Quoting Ssm
{quote} Although I did not trade this when I commented, but PA is really scary, is the sudden dip due to the failure of 1252 support? The reaction is just too great. Perhaps Gold is not suitable for everyone, or maybe me?
Yes the PA is insane, but the payoff can be huge since its so volatile.
"Where you want to be is always in control, never wishing, always trading.
  • #30,258
  • Dec 12, 2013 6:41am Dec 12, 2013 6:41am
Quoting PIPot
{image}

yeah yeah. ^^
  • #30,259
  • Dec 12, 2013 6:42am Dec 12, 2013 6:42am
Now it is US session. In last two days we have seen bulls and bears and a breakout to new high 1268. So today's US session reaction is quit important to decide where it may go in next few days.
  • #30,260
  • Dec 12, 2013 6:44am Dec 12, 2013 6:44am
Quoting LarryLU
Now it is US session. In last two days we have seen bulls and bears and a breakout to new high 1268. So today's US session reaction is quit important to decide where it may go in next few days.

agreed. base on tehnical... it should not be bear

still believing it will go up.
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