Long upper wick on the last 1 hour /GC candle after breaking yesterdays highs forming a pinish looking candle. That is not something I want to see as I am long. However I almost feel like it is a fakeout wick and this next hour will be very ...

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

Boom! Love all of this 4rexx.

Trend Trading All Pairs

Well you have more experience dealing with fundamentals than I so perhaps you are correct. I'm glad to hear that you are sick of EURUSD. I haven't even had that pair on my watchlist since July 22nd. EURUSD is one of the most choppy pairs available ...

Trend Trading All Pairs

Buy GLD! 161.85-162 should provide strongest wave up. 162/last weeks open price/50% Fib of last week are all within 15 cents of each other. Strong level of confluence there.

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

Monthly candle reads for September in order of attractiveness. 1) GBPNZD - Long 2) GBPAUD - Long 3) AUDUSD - Short 4) EURNZD - Long 5) EURAUD - Long Essentially the opposite of last months bias. Why? GBPNZD/GBPAUD had bullish engulfing candles. ...

Trend Trading All Pairs

First of all thank you for your vouch. I appreciate it! Also, you've got an interesting FF profile. I laughed pretty hard when I read about your skill set, especially "active measures and countermeasures." Technical fakes happen all the time it is ...

Trend Trading All Pairs

Thank you for sharing the videos; I watched them both. Divergence still looks much more clear than convergence as far as giving signals. However, you also mention that convergence is more for confirmation that the trend still has power. This is the ...

Trend Trading All Pairs

I did not take it that way. I know we having an intelligent discussion of ideas. Lots of great material here that I've reviewed a few times over. From the link in this post I couldn't agree more with your wording, "the market can remain irrational ...

Trend Trading All Pairs

Thank you 4rexx for bringing back this post. I intended to do so myself when I post my Monthly candle reads on Sunday. Yes its disappointing to see that these trends reversed strongly and all of my predictions were wrong, but that happens in trading ...

Trend Trading All Pairs

Good trades Holy Cow. I don't know how you are making those great profits! According to Kami its impossible lol! Everyone should check out this post I made in the Gold thread. Pretty good representation of my trading plan/method. url

Trend Trading All Pairs

I love it when Bernanke yaps! Seems traders were waiting for him to talk before pulling the trigger on gold, but all the technical levels held perfectly. Here is my chart from Sunday. Price stayed well within my price retracements without a close ...

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

You sound a little bitter from what I was able to understand.

Trend Trading All Pairs

Thank you. I try to keep my charts as simple as possible. GLD Daily is actually looking bearish now (Weekly and Monthly still say up however). These kind of conflicting signals happen all the time and are normal. How will monthly candle close ...

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

Not to diverge off the topic of gold, but doesn't this monthly chart of AAPL sort of look similar?

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

All those moves you highlighted were when market was in a consolidation condition. I wasn't even watching Gold during the areas you highlighted b/c of the hindsight I received from the Monthly chart. 1: Bold down candle, bias is down for the next ...

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

True that is very common. I believe that if we were destined to retest the breakout, then 50% of last week would coincide with that level, but instead new buyers were willing to open new positions essentially at last weeks highs pushing the 50% Fib ...

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

Uncomplicated answer: Fibs measure buying/selling strength. Less retrace means more power, more retrace means less power. Complicated answer: So at the 50% Fib you could buy and place a PT at last weeks highs and a SL at last weeks lows correct? 1:1 ...

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

Anything is possible, but last weeks move was REALLY strong closing at the highs of the week. Take a look at the chart I posted a page back. Any sell off past the 50% retrace (1645 for /GC & 159.20 for GLD) is extremely suspicious and to me would ...

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

Maybe once they blow through enough accounts they'll start to realize the only way to make money is with the trend.

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

Anyone who is bearish on Gold & Silver right now is crazy. Every single chart says buy so why fight the trend?

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