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

  • #31,901
  • Jan 21, 2014 8:36pm Jan 21, 2014 8:36pm
Quoting XTrade
Thodie - Here you go mate! http://www.kitco.com/Gold_Silver_Rat...io-charts.html {quote} {image}
thank you xTrade, but this periode isnīt long enough i would like 20 to 40 years

hm, i serarched many sites right now, i think i have to build my own excel file...
just do it
  • #31,902
  • Jan 21, 2014 8:53pm Jan 21, 2014 8:53pm
Quoting thodie
{quote} thank you xTrade, but this periode isnīt long enough i would like 20 to 40 years hm, i serarched many sites right now, i think i have to build my own excel file...

https://www.realmoneytracker.com/cha...atio=1&period=

http://www.safehaven.com/article/309...d-silver-ratio
  • #31,903
  • Jan 21, 2014 8:55pm Jan 21, 2014 8:55pm
Quoting jsr
{quote} https://www.realmoneytracker.com/cha...atio=1&period= http://www.safehaven.com/article/309...d-silver-ratio
a big THANK YOU!
just do it
  • #31,904
  • Jan 21, 2014 9:05pm Jan 21, 2014 9:05pm

Hello all, grandpa is here. After watching the forum for about a year I just joined. I'm very thanksfull for the knowledge you guys are sharing. What's going around, come around. Trading since 2011, the more I learn, the more I understand I know a little. Depend what I see, sometimes just scalping, sometimes waiting for a week to enter.

Peace and Patience to everyone

  • #31,905
  • Jan 21, 2014 9:07pm Jan 21, 2014 9:07pm
Quoting thodie
{quote} thank you xTrade, but this periode isnīt long enough i would like 20 to 40 years hm, i serarched many sites right now, i think i have to build my own excel file...

No Problem buddy

wait I hit the gold mine!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #31,906
  • Jan 21, 2014 9:09pm Jan 21, 2014 9:09pm
Thodie - JSR


found one, I was thinking that certain future's brokers might have it...

Second link. Thanks JSR - too bad the guy posted it so small!

Wow that's exactly what he was looking for! Teamwork!


Quoting jsr
{quote} https://www.realmoneytracker.com/cha...atio=1&period= http://www.safehaven.com/article/309...d-silver-ratio
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XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #31,907
  • Jan 21, 2014 9:11pm Jan 21, 2014 9:11pm
Quoting thodie
{quote} thank you xTrade, but this periode isnīt long enough i would like 20 to 40 years hm, i serarched many sites right now, i think i have to build my own excel file...
This is 20-36 years gold silver ratio. What will you do with this chart?
http://goldprice.org/gold-silver-ratio.html
  • #31,908
  • Edited 10:11pm Jan 21, 2014 9:17pm | Edited 10:11pm
GSR Historic BLACK ONE IS XAG/USD not GSR.......
Quoting XTrade
{quote} No Problem buddy EDIT : wait I hit the gold mine!
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XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #31,909
  • Jan 21, 2014 9:35pm Jan 21, 2014 9:35pm
If you are long then this is what you want to hear. The BiG CAP specs coming back on top of already high demand in the physical markets.



New Buying Raises Speculators' Net-Long Positions In Gold - CFTC Data


By Debbie Carlson of Kitco News


Tuesday January 21, 2014 12:32 PM


(Kitco News) - New buying lifted large speculators’ net-long positions in gold futures and options at the Comex division of the New York Mercantile Exchange in the latest weekly commitments of traders’ data from the Commodity Futures Trading Commission, following higher prices.

There were also some new gold shorts established in the latest CFTC data, which is as of Jan. 14, but the new bullish positions outweighed the new shorts. Activity was mixed for silver between the disaggregated and legacy reports, but gains were scored for the platinum group metals. In copper, however, large speculators cut back on bullish exposure after several weeks of rises.

During the week covered by the report, February gold rose $15.80 to $1,245.40 an ounce, while March silver gained 49.5 cents to $20.282. April platinum rose by $18.40 to $1,433.80. Only March palladiumsaw prices slide $2.80 to $738.90. Comex March copper rose slightly, by 0.0005 cent to $3.3600 a pound.

Managed-money accounts raised their gold futures and options net-long position for the third week, to 43,277 contracts, by adding 5,066 gross longs and 2,018 gross shorts. Producers’ net-long position rose as they added more gross longs positions than gross shorts. Swap dealers increased their net-short position as they added more gross shorts than gross longs.

Large speculators’ activity in the gold legacy report mirrored the disaggregated report as they lifting their net-long position by adding 6,435 gross longs and 1,949 gross shorts. They are now net-long 70,964 contracts after the fourth straight week of gains. Commercials are net-short. Their position rose by adding more gross shorts than gross longs.

" " " " " " " " " " "

there/s more the link is up top if you want to read it.

XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #31,910
  • Jan 21, 2014 11:05pm Jan 21, 2014 11:05pm
So, you mean to say even if a trader is 100% correct, precise like a computer, he should not post unless he can teach his methodology? In this case hunterrus did explain & it seems to make a lot of sense in my charts. The volumes & reversal in volumes looks good to me.

As for a newbie following a trader who has been too good, I agree that I got carried away by his calls, but, what about hundreds of newbies there who can't use indicators or solve complex issues, whats the harm in following a trader who is too good? Last, but not the least, I am a investor looking for traders like hunterrus who can bring exhilaration for each buck invested.

Quoting XTrade
The post you replied to was made before I asked the question. Some advice to you, if you are going to follow someone's calls or anything you should know or want to know how & why / when they made the call. Otherwise as a newbie you will not learn anything and are subject 50% to losing your money if we give everyone a fair shot in the beginning. Not that Hunterrus has done so, but for sake of others and the ability to find useful information it's not necessary to post every entry and exit for scalps of 3 to 5 USD. especially if people don't know...
  • #31,911
  • Jan 21, 2014 11:22pm Jan 21, 2014 11:22pm
Quoting goldJunkie
So, you mean to say even if a trader is 100% correct, precise like a computer, he should not post unless he can teach his methodology? In this case hunterrus did explain & it seems to make a lot of sense in my charts. The volumes & reversal in volumes looks good to me. As for a newbie following a trader who has been too good, I agree that I got carried away by his calls, but, what about hundreds of newbies there who can't use indicators or solve complex issues, whats the harm in following a trader who is too good? Last, but not the least, I am a...
My general thinking is, be careful, very very careful. It is almost impossible to explain anything to a beginner. It simply takes time to realize what you don't know you don't know. One thing very good is that you are here, and not paying thousands of dollars for material of questionable value. I am made nervous by 'I am an investor looking for traders like Hunterrus who can bring exhilaration for each buck invested.' But I am too tired to explain, and I'm just one person who has grown.
  • #31,912
  • Jan 21, 2014 11:38pm Jan 21, 2014 11:38pm
still holding my short at 1244 the goal is 1236 or even 35 cause the SV pattern was too smal of its spread, sl at 1246 - last reversing bear seen at 1244.50
Gold Annihilation System
  • #31,913
  • Jan 21, 2014 11:50pm Jan 21, 2014 11:50pm
No I'm not saying that at all. It's your money, Do with it as you like, but here are a few things to help you better understand.

First off the main point I was making was, it's unnecessary to post "long at 1243" then 10 minutes later something like "ok I'm out of the last one"
all day.

And it is not geared towards your mentor - it's to all. Reasoning is it clogs up the thread with basically one liners that after posted lose any value due to the lack of anything someone might re-read -search for - or learn from - like a system, a way to trade news, or fundamentals discussions.
---drawing in depth TA on a minute chart not necessary anyway as you'll learn when you get some time under your belt.
If you look in post one it says the same thing. When it's dead sure it's fine like right now. Or even midday if the market just isn't moving. Also if multiple people
are discussing a trade plan say to execute same day, those type of posts unless they are on topic somehow, are distracting and break up the discussion of a group.

This is basically concerning scalps for 1 USD to 5 USD. The market does this all the time, so if you are destined to be a scalper - you should be trading right now,
on a demo at least. In the chart below there were already 5 ScalpS that could have been made for a couple bucks each - with low volume and an unlikely chance of a breakout. since it's already 12:35 NYC time.

If people want to post high probability scalps at least 5+ USD that are pretty short with some sort of system, news, or technicals with a TP and reasonable Stop at least called in the trade setup, it's a bit different. Then people can make decisions based on the call and risk especially for newbies. In any case a full day of that is unnecessary as well.

For noobs trading gold is NOT the best thing to start with especially scalping during NY London cross there are somedays major swings off news or order flow or even techs. In a few minute the trade can turn rapidly against you if you are not prepped at least with a stop. ie: a nice 40 USD swing can wipe out all that profit one makes trading a bunch of scalps.

You should if you want to learn the higher times first like the h4 h8 and daily using low risk and lower leverage than 100 to 1.


Below there all you need to do is ad a support resistance and mid / pivot if you want and wait for price to move buying the low at 1240 - add horizontal line 1245 add another. 1242.5 since the range is so tight the middle. That is likely one of the simplest ways for a noob to get familiar with Price Action and solely trading off techs.

In the beginning you even had a nice dip to buy as the range creates itself.




Quoting goldJunkie
So, you mean to say even if a trader is 100% correct, precise like a computer, he should not post unless he can teach his methodology? In this case hunterrus did explain & it seems to make a lot of sense in my charts. The volumes & reversal in volumes looks good to me. As for a newbie following a trader who has been too good, I agree that I got carried away by his calls, but, what about hundreds of newbies there who can't use indicators or solve complex issues, whats the harm in following a trader who is too good? Last, but not the least, I am a...
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XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #31,914
  • Jan 22, 2014 12:00am Jan 22, 2014 12:00am
I'm not following anybody blindly yet, testing signals, I did get carried away by hunterrus' calls. I agree I am newbie & will commit lots of mistakes before I learn my lessons the hard way. Thank you very much for all the advise my dear.

XTrade, I'm not scalping or following anybody blindly. I am only testing the water right now. I have max & strict draw-down caps in place. Thanks heaps for your advise dear.

Quoting Greenstar
{quote} My general thinking is, be careful, very very careful. It is almost impossible to explain anything to a beginner. It simply takes time to realize what you don't know you don't know. One thing very good is that you are here, and not paying thousands of dollars for material of questionable value. I am made nervous by 'I am an investor looking for traders like Hunterrus who can bring exhilaration for each buck invested.' But I am too tired to explain, and I'm just one person who has grown.
  • #31,915
  • Jan 22, 2014 12:00am Jan 22, 2014 12:00am
sorry Xtrade it's up to you how to trade, every man has his own truth, I just try to make my trades not so complicated, as for screenshots - in the future I will post them, first I stay here to see your relationships.
Gold Annihilation System
  • #31,916
  • Jan 22, 2014 12:05am Jan 22, 2014 12:05am
as for now - I still don't see any good bulls who can support the further move north, but one can appear at 1245 - time will show, in the other way I 'm short even if it hits my SL
Gold Annihilation System
  • #31,917
  • Jan 22, 2014 12:25am Jan 22, 2014 12:25am
Quoting Hunterrus
as for now - I still don't see any good bulls who can support the further move north, but one can appear at 1245 - time will show, in the other way I 'm short even if it hits my SL
So far I cannot see much chance of a bull run today. We have to wait for announcements today to se what will happen... A waiting game for a good entry short.
You win, you lose. All else is history. The future does not exist.
  • #31,918
  • Jan 22, 2014 12:28am Jan 22, 2014 12:28am
now price testing daily Point of Control if it breaks below - so we are going south 35 is the first target
Gold Annihilation System
  • #31,919
  • Jan 22, 2014 12:38am Jan 22, 2014 12:38am


Quoting Hunterrus
as for now - I still don't see any good bulls who can support the further move north, but one can appear at 1245 - time will show, in the other way I 'm short even if it hits my SL




There are plenty of discussions & reasoning for bulls (and bears) but you have to read back a bit.

Even on the last page - I posted an article that uses CFTC data in which is discussing PA and the fact that large cap specs are returning to the market,
which the bulls will need, in an effort to break what will likely become a larger trading range over time. perhaps 1200 1400 first,
Then open up again making the 50% Long term retracement from 1920 to 1180 which gives us a goal of 1550.
In reality it's only 200 bucks away. Yet more money has to enter to get it to move largely in either side.

Other quick points which are all posted,
Some quick techs:
There is a double bottom on the weekly, which is holding as of yet on both pairs,
as well Gold coming up on breaking the last Longer Term tradeable DTL,
silver about to break out or range out of what some consider to be the last valid DTL, it's right up against it. See below.

Some Quick fundies and data observations:
- The chance to really break and close through on major news has already passed with Ben's announcement to begin the "taper" off massive QE3 has passed.
everyone thought that was surely going to tank gold. Yet after the dip, the price has risen - or could be considered sideways ATM.
- QE 3 as a whole should have been bullish for gold - but after announcing it too many times and not ACTING, the market was able to just price it in for the most part.
-The last NFP showed that jobs are NOT being created as quickly or at all at times as they The FED and the Gov have had to admit now. it was more than abysmal.
- Data is mixed - some is good some is bad.
- Dollar index basically stalled and not doing much when not so poses no large threat ATM...

There are some simple charts - already posted but they go with this post -

Anything can happen, if the Economy suddenly turns around, gold would be in jeopardy or falling through towards the lowest logical mark would be 1050 with the small possibility of a reaction low at 1000... A ton - has to happen to make that work though. And 1180 and 1100 -thru to less 1180 won't go as an easy trade.

There is a ton of support and other rising TLs on the longer term charts. I have only added some of the more well known areas.
As with any view their are counter point to be made. Yet the economic "recovery" they were dreaming of to be here now is not.

Still long since 1190 and tp'd Once at first test of 1250.
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XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #31,920
  • Jan 22, 2014 12:42am Jan 22, 2014 12:42am
Quoting XTrade
There are plenty of discussions & reasoning for bulls (and bears) but you have to read back a bit. Even on the last page - I posted an article that uses CFTC data in which is discussing PA and the fact that large cap specs are returning to the market, which the bulls will need, in an effort to break what will likely become a larger trading range over time. perhaps 1200 1400 first, Then open up again making the 50% Long term retracement from 1920 to 1180 which gives us a goal of 1550. In reality it's only 200 bucks away. Yet more money has to enter...
you are trading PA and order flow midterm, and I am trading facts what I see intraday, so you make a good advise, and me too but for different people
Gold Annihilation System
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