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

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

#38,341
Nov 1, 2016 7:23am Nov 1, 2016 7:23am

Pip-Miner
Joined Nov 2015 | Status: I'm hungry | 4,034 Posts

i moved my SL up to lock in profits letting it run

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#38,342
Nov 1, 2016 8:50am Nov 1, 2016 8:50am

IPMan
| Joined Oct 2016 | Status: Allergic to Stupidity | 536 Posts

I'm not sure but am I seeing a downtrend after this wave?
XAUUSD H4

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#38,343
Nov 1, 2016 8:58am Nov 1, 2016 8:58am

Uturn2
Joined Dec 2012 | Status: Lions don't bleat! | 2,874 Posts

If you're interested,
the DOW looks like it has broken to the down side.
Cheers, U2

http://www.forexfactory.com/showthre...36#post9229536

Wait, or you will be slaughtered!

#38,344
Nov 1, 2016 9:05am Nov 1, 2016 9:05am

conclude7
| Joined Sep 2016 | Status: Trader | 82 Posts

I'm expecting a cap on xag around 18.40-18.60. Could be wrong. I have no idea what I'm doing. Seems like a monthly impulsive correction, not expecting to see green stick on the monthly till December.

#38,345
Nov 1, 2016 9:07am Nov 1, 2016 9:07am

james1254
| Joined Sep 2015 | Status: Trader | 1,232 Posts

I opened a long on Gold, my target is at $1,295, but it will likely climb higher than that.

#38,346
Nov 1, 2016 9:09am Nov 1, 2016 9:09am

cvds16
| Joined Sep 2009 | Status: Trader | 1,784 Posts

covered my short in gold for breakeven, was not a smart move anyway so got lucky

#38,347
Nov 1, 2016 9:09am Nov 1, 2016 9:09am

Uturn2
Joined Dec 2012 | Status: Lions don't bleat! | 2,874 Posts

XAUUSD 1H Chart:
Correction Wave (iv)?
[Out]
Cheers, U2

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Wait, or you will be slaughtered!

#38,348
Nov 1, 2016 9:18am Nov 1, 2016 9:18am

IPMan
| Joined Oct 2016 | Status: Allergic to Stupidity | 536 Posts

Quoting Uturn2

Disliked

XAUUSD 1H Chart: Correction Wave (iv)? [Out] Cheers, U2 {image}

Ignored

or inside bar setup in H4?

#38,349
Nov 1, 2016 9:24am Nov 1, 2016 9:24am

Earleone
Joined Sep 2013 | Status: OTM AI IntelliWave™ Trader | 1,107 Posts

Quoting IPMan

Disliked

{quote} or inside bar setup in H4?

Ignored

Be careful with 4H bar analyze. Different brokers has different start time so traders around see different bars

Trading in the shadow of SM

#38,350
Nov 1, 2016 9:30am Nov 1, 2016 9:30am

IPMan
| Joined Oct 2016 | Status: Allergic to Stupidity | 536 Posts

Quoting Earleone

Disliked

{quote} Be careful with 4H bar analyze. Different brokers has different start time so traders around see different bars .

Ignored

Sounds suspicious lol

#38,351
Nov 1, 2016 9:31am Nov 1, 2016 9:31am

Uturn2
Joined Dec 2012 | Status: Lions don't bleat! | 2,874 Posts

Quoting cvds16

Disliked

covered my short in gold for breakeven, was not a smart move anyway so got lucky

Ignored

Well done.
It took a long time to top out.
I'm sworn off scalping, so shouldn't have been Short.
Only took a very quick $1
Cheers, U2

Wait, or you will be slaughtered!

#38,352
Nov 1, 2016 9:45am Nov 1, 2016 9:45am

rashidyousuf
| Joined Apr 2015 | Status: Trader | 156 Posts

getting ready for my target 1294...1300

#38,353
Nov 1, 2016 9:47am Nov 1, 2016 9:47am

Becel
| Joined Aug 2009 | Status: Trader | 113 Posts

Silver hit a resistance point, but I'm not about to sell into this yet. It could break even further north.

#38,354
Nov 1, 2016 10:31am Nov 1, 2016 10:31am

Uturn2
Joined Dec 2012 | Status: Lions don't bleat! | 2,874 Posts

XAUUSD 1H Chart:
Wave (ii) was ~58%
Could be a very deep Wave (iv) Blue?
[38.2% - 41.4%]?
Cheers, U2

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Wait, or you will be slaughtered!

#38,355
Nov 1, 2016 11:33am Nov 1, 2016 11:33am

Uturn2
Joined Dec 2012 | Status: Lions don't bleat! | 2,874 Posts

Quoting Uturn2

Disliked

XAUUSD 1H Chart: Wave (ii) was ~58% Could be a very deep Wave (iv) Blue? [38.2% - 41.4%]? Cheers, U2 {image}

Ignored

Very glad to be wrong about that [for now]!
Wave (c) (iii) continues?
Cheers, U2

Wait, or you will be slaughtered!

#38,356
Nov 1, 2016 3:35pm Nov 1, 2016 3:35pm

Pip-Miner
Joined Nov 2015 | Status: I'm hungry | 4,034 Posts

Quoting Uturn2

Disliked

{quote} Very glad to be wrong about that [for now]! Wave (c) (iii) continues? Cheers, U2

Ignored

Still looks bullish sold all except 1 position letting that run to 1300 with sl unchanged trump shacking the markets his our man

#38,357
Nov 1, 2016 4:39pm Nov 1, 2016 4:39pm

Uturn2
Joined Dec 2012 | Status: Lions don't bleat! | 2,874 Posts

XAUUSD 1H Chart:
Alternation:
Wave (ii) 58%
Wave (iv) targets 38.2% to 50%?
Wave (ii) a Simple Correction.
Wave (iv) a Complex Correction?
Cheers, U2

[DOW trade +140 pips so far]

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