Oh, yes, the spread on minors is brutal. My broker doesn't charge spread (I pay commission), so the spread is just the "natural" difference between the bid and ask prices, though the commission is higher for less-traded pairs. The spread on EUR/USD ...

Davit's Confluence Trading

Any pair that has more than one major (USD, EUR, JPY, or GBP) are more highly traded, yet also tend to be "less behaved" with less-defined trending channels. i.e. EUR/USD is the most heavily traded pair and you'll see crazy reactions following a ...

Davit's Confluence Trading

I added at $1414 and was looking for $1424 (now breached), but per the rules, please post your analysis, not just your calls. In my case adding was because of hourly and 5-minute RSI trend line support and the target is trend line and Fibonacci. ...

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

Agreed. Everyone, please nix further oil conversations. There are other threads for that.

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

I don't see the FED reducing QE when it appears to be working, particularly when Japan is aggressively devaluing the Yen and they need a weaker US$ for exports, something that is thwarted every time US$ becomes the flight to safety. QE is currently ...

Davit's Confluence Trading

The trouble with Aussie, and particularly Kiwi, is the volatility of their moves. Once they decide on a direction their moves can be quite aggressive giving no opportunity for a late entry. I trailed out of all my positions and assumed those pairs ...

Davit's Confluence Trading

To get us back on track (more or less), here's a ten-minute video about the last 140 years of monetary history and the role gold used to play. The author believes the Fiat system will eventually collapse and there will be a return to a gold and ...

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

I have pre-chastised myself for continuing this off-topic discussion (PM me for further discussion or forward this to a more appropriate thread), but if you look at the weekly WTI chart, the technicals are against further upside. image The same is ...

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

Channel trading Long EUR and GBP against AUD and NZD worked out amazingly well for me once I got past the false starts and re-entered once the trend lines were recrossed shortly after I last posted. I'm now waiting to see if AUD and NZD continue ...

Davit's Confluence Trading

I don't remember requiring special software last time (but perhaps I'm just not remembering correctly) but the Citrix Online Launcher took a VERY long time to connect. The progress meter advanced about one pixel every two or three seconds. Good ...

CoghlanCapital.com

Live analysis with David Song of DailyFX (archive will be available in an hour or so) ...says gold is clearly bearish ...makes a lot of nonsensical statements to justify that statement then looks at an actual chart and says "but for the time being ...

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

New fun today (not that I haven't had a dozen other problems between the last post and this one) -- Interactive Brokers sold my MGC when my stop-loss triggered at $1415.50 ...the fun part being that the lowest recorded bid price in the last 20 ...

Interactive Brokers - experiences and opinions

Silver is rapidly approaching $24.77/$24.84 (38.2% and 100% Fibonaccis) where R2 lies and is currently above R1. A break above this level targets $26.8/$26.64 (50%/127.2% respectively) though a retest of $23.27 (76.4%) would provide a good buying ...

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

Gold broke $1415 (38.2% Fibonacci of full completed move down and 76.4% of full completed reversal) making $1488 the next target (50%/100% respectively). A retest of the descending trend line coinciding with $1370 (62.8% of completed reversal) would ...

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

I'm registered and I will certainly attend if I'm able.

CoghlanCapital.com

It's a NetDania exclusive data glitch ...it's not on my broker charts.

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

According to your charts, bullish trend started when the rising trend line was tested and held, was confirmed when descending resistance was breached, and reconfirmed when ascending resistance was breached. What factors would you consider to be ...

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

Though it doesn't strike me as particularly likely for late Friday afternoon trading (plus going into a British bank holiday Monday followed by options and futures expiries Tuesday and Wednesday, respectively), but should gold break above $1398 ...

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

Very good points. It's normal to see a drop before options and contract expiry (starting around 4 a.m. EST when North American options become tradeable and London opens) followed by a reversal after US markets open; however, month-end take-profit ...

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

You have disabled private messaging so I must ask you again publicly to either include your technical analysis with your posts or do not post in this thread. You have been more than amply warned so the deletion of your posts and permanent banning ...

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