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Mitchoss replied May 27, 2014I respect that view mate. We absolutely could visit 1180 again, and sub 19 in silver.. however I expect a battle at 1275-1277 level and should really re-test 1283 as resistance now that we've breached it, before we head to 1269 and lower. If we ...
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Mitchoss replied May 27, 2014I'm looking for a quick buck off the bounce at 1275-1277 region. It has offered decent support of late however if it breaks I will be out, and looking at how 1269 reacts. Expect a fast turn around as we are extremely oversold, and a rally may catch ...
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Mitchoss replied May 25, 2014Being that gold closed on a support level friday, it could lead to a drop early in the asia session followed by a rally. Thats what I will be looking for, if it doesn't happen.. no positions in place and will wait for direction as this wedge closes. ...
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Mitchoss replied May 23, 2014Shorts close. Buy limi5s in place, im off to bed.p Good luck tonight guys n girls! Mitch
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Mitchoss replied May 22, 2014Hope everyone sold into the rally last night. 1303--1305 is still proving to be a geeat entry for shorts. Beware if gold breaks its current ranfe of 1280-1305 whether it be to the upside or downside, it will be a brutal move with the intension to ...
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Mitchoss replied May 20, 2014Looking for another leg down before im considering a long. Id like to see 1280 or even 1275 tested. Llike I said, sidelined at the moment.
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Mitchoss replied May 20, 2014Hit my tp and stepping back waiting for confirmation of breakout, or fakeout. Beware of the volatility in this environment. Mitch
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Mitchoss replied May 18, 2014I agree. I'm also still short (in silver), the bounce is to be expected and is signs of a healthy trend. I would look to test the bottom of the current channel in NY session (as shown on one of the charts above) While I'm not in gold, I'm trading ...
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Mitchoss replied May 11, 2014Yeah I'm sort of an all or nothing kinda guy, call me crazy. haha
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Mitchoss replied May 11, 2014My strategy is not to sell and catch a breakout, I've mentioned it once or twice (i think) that I will never trade a breakout, I trade based on S/R and fibo using MACD,RSI and pin bar analysis (to a lesser extent).
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Mitchoss replied May 11, 2014$#$!, got to 1277 my buy limit was at 1275.5. Hope ya all got the bounce to 1290, was a good one.
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Mitchoss replied May 11, 2014I'm so disappointed, I missed an opportunity to scoop up this mornings dip cause I was on a plane to work. I had buy limits waiting at 18.95 and silver got to 18.97 on my brokers PA. DAMN U!
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Mitchoss replied May 9, 2014I don't tend to trade off anything less than a 1hr. Usually a 4hr/daily. You'll see most of my trades remain open for days rather than trying to scalp on lower time frames in the hight frequency times. Example, I won't open a trade around news ...
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Mitchoss replied May 9, 2014Risky move my friend.. pattern doesn't look like a bottom. I'm looking at 1275 as next leg down. Then quick recovery as we are fairly oversold . One last shake of the tree to see who falls out hehe
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Mitchoss replied May 8, 2014Correct, I'm seeing a very bullish scenario in silver. The price is hovering around a very strong support level, however I would have preffered to see gold around the 1210 price area at this stage to confirm we are a coiled spring ready to launch. ...
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Mitchoss replied May 8, 2014According to my charts we hit the 1295 region like I was expecting then infact did go straight back dowm. Now eyes on 1285.over to golds little brother k expect it to comtinue to slide below 19.1 one last time today. Then next week we head over 1300 ...
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Mitchoss replied May 8, 2014absolutely, dont put all your chickens in one pen, if you want to run 0.3 lots long, open 3x0.1, 6x0.5 etc to be flexible. that is what will save you. being flexible to to the 'noise' and to survive the trend
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Mitchoss replied May 7, 2014Hi all, I made a post seeking experienced FXMajor traders who would be interested in some technical/fundamental analysis of this pair, aswell as the EUR/USD. I previously have played with metals only all the while sitting on the sideline watching ...
AUD/USD
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Mitchoss replied May 7, 2014Another source that some people tend to neglect is how much impact Options/Futures expiration can affect the PA in the closing days of the contracts. I encourage anyone here who trades these metals to understand what you are dealing with. My ritual ...
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