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7bit replied Jan 8, 2012This is strange. Unfortunately I don't use this sma example or anything that is directly derived from it myself, I only wrote it as an example (by simplifying some some other existing code I have) and I did not thoroughly test the result of this. ...
Creating Metatrader DLLs with Lazarus / Free Pascal
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7bit replied Dec 29, 2011This pattern extends to at least 1290 (161%, my usual target for these kinds of patterns) and when doing the 200% extension (happens quite often) it would reach as low as 1140! My bet is: Gold will reach 1140. image
Bearish Gold thread / Bubble implode thread
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7bit replied Dec 21, 2011I cannot see any errors in your screen shot. Where do you see errors? Errors would have red icons next to them and compilation would not succeed. Also these warnings in your screen shot are written in plain english, so it should be obvious what they ...
Synthetic hedges, cointegration, mean reversion and similar stuff
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7bit replied Oct 31, 2011I think its time now. Silver: Target 20.00$, stop 35.70$ Gold: probably similar (exit gold short when silver hits the target (probably at 1400), stop 1755).
Bearish Gold thread / Bubble implode thread
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7bit commented Oct 29, 2011Are these the same Cititech analysts who recommended to long GBP/CHF two days before it dopped another 1000+ pips? Are these the same analysts wo recommended to buy USD/JPY two days before it broke the range and started making fresh all time post ...
Citi Explains Why The Time To Fade The EUR Rally Has Come
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7bit replied Oct 23, 2011It is 661 pips. 1 pip in gold is a price difference of the gold price of 0.01$
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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7bit commented Oct 8, 2011I have a huge eurchf long (big profit alredy) still open, I even added to it during the last weeks :-) This could become the best trade I ever made. I also have a smaller USDCHF long and my target for this is 1.0000 Their intervention tactics seem ...
Market talk that the SNB are to raise the EUR/CHF floor over the weekend - unconfirmed
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7bit replied Oct 6, 2011I'm still waiting for the above numbers, nothing has changed technically.
Bearish Gold thread / Bubble implode thread
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7bit replied Oct 5, 2011When all speculators have taken their profits (or their losses), when the gold price is back at normal levels (normal == the prices at which it is traded most of the time). Then Gold will behave normal again.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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7bit replied Oct 5, 20111.4 lots are 140 ounces? (I only trade at Oanda, so I don't know how your br0ker handles it)
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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7bit replied Oct 5, 2011This means you have averaged down your breakeven point to below 1700 already? You must have a lot of buys already and more than doubled your long exposure during the last weeks. I would be VERY interested to know how many ounces you are long already ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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7bit replied Oct 3, 2011I'm sure someone here will be able to post a short 5 line (or so) script that you can drag from the navigator window onto the chart (or bind to a key) that will create a new trend line object starting at the close of the last bar and extending ...
Autohotkey Draw Trendline Code
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7bit replied Oct 2, 2011You can do this without external scripting. You can write MQL4 scripts that do such small tasks and bind them to keys directly within MT4. For example you could write a script that opens a buy position and bind it to Ctrl+B and another script that ...
Autohotkey Draw Trendline Code
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7bit replied Sep 29, 2011Why don't you close your buys and wait until its going up again (if this ever happens) before you reopen them? Why don't you make money with shorts while it is going down? Why are you throwing your money out of the window?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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7bit replied Sep 28, 2011Every support is demand. Otherwise price would just fall through and not be supported. A descending triangle is *always* a reason for me to *immediately* open a short position, target is the support line minus the height of the triangle plus a few ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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7bit replied Sep 27, 201150% level and target of bullish pattern is 35.14 At 35 I will enter short, Target $20. I am not trying to long it because I don't want to fight the trend which is *down*.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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7bit replied Sep 27, 2011Fib level is right here at 33.00 It might bounce earlier and deeper than you expect.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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7bit replied Sep 27, 2011It *is* wrong. Close the trades before its too late.
XAU/USD & XAG/USD - Gold & Silver Traders Thread