Looks to me that gold is looking to break 1300 at least. Its lingering around this area which usually points to a breakout north. The 1350ish area looks to be the ceiling, based on the breakout down on June the 20th. I guess we will see how it ...

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

I'm definitely not a gold bug suntrader. Don't own an ounce and never will as its pretty ridiculous to think we will go back bartering with gold. I am interested in what people think the fed and conduit banks for the fed will do with the gold price. ...

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

Well this is getting ridiculous. Consumer sentiment down, PPI down, retail sales down, NFP payroll pathetic and gold down 100 since last week. So what do you all thing about this blatant manipulation? I'm shocked the DOW didn't rally 500 hundred ...

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

Well the fed finally took out the stops below 1530. They will likely shove it deep below 1500 to scare out any possible buyers. The end game will be upon us when when they start buying into this panic.

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

This is a pretty major breakout. Its likely 1593 will not be support imho

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

I don't think I could. Trading is like a riddle that you can't quite figure out, but it leaves just enough clues to keep you coming back for more. It takes a long time to figure out how it works and its challenging as well, but it pays off the more ...

After entering this world of Forex are you able to get out of it?

Great advice Silat50. Required reading to take some of the fantasy involved when people talk about doing this for a living. One trick to trading with leverage is keep only what you need in the account and the rest in the bank account. With 100 to 1 ...

Can you honestly earn a good living or even get rich through forex?

Hi behman, If you click on my name there is an option to send a personal email to someone. I was reviewing the charts last night and normally I don't like trading non us pairs (hate the spread), but the shorting gbp/jpy does look pretty good to me ...

$300 to $10k (live account)

Hi behman8850. You can email if you would like. Hope you have some good trade ideas . I'm looking closely for the top of usd/jpy trade right now. I think I'm going to take a stab at it at market open on Sunday and see if I can get at least a nice ...

$300 to $10k (live account)

Good luck Bob. Its what I have been trying to do as well. The best I've done so far is jacking an account with $287 to $5005 in 6 business days. If I could have repeated that performance for another 6 days it would have been at around $87k in a ...

$300 to $10k (live account)

Unfortunately, this type of thing is going to be a trend in the coming months and years I think. I would recommend that if you have what you feel is a significant amount of money with one broker. I would look to diversify by cashing out a portion of ...

US broker PFGBest freezes funds after founder's suicide attempt

QE is actually taking toxic assets off banks balance sheets which is supposed to allow the banks to lend more freely. The problem is: 1. The banks are heavily insolvent. 2. Public sector debt is so high that banks cant justify lending more money to ...

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

Looks to me like this is the last we will see of gold at 1600. Im long at 1606, stop loss 1593. Next stop 1700. A 10 to 1 risk reward has a nice ring to it. Hopefully the payroll report tomorrow will shove it through 1650. Good luck.

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

Well I think we know who has made it policy to suppress the price of gold. His name may rhyme with hernanke. I guess it remains to be seen whether the fed will continue to do this, but with all the fundamentals this week they had better drop it hard ...

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

Well didnt expect the move up at the start of the asian session. Had to dump the short position and now im long at 1575.72, maybe we will it 1600? The price is above the daily pivot, so stop loss is at 1572.25. Sure the major players like to short. ...

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

One possible scenario is that if gold breaks down to take out those stop losses we could see the big boys use that to fill large buy orders and the price may go up again in a big way. If I had to guess I would say somewhere around 1485 to 1475 is a ...

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

Lookin at a 4hr chart, its seems to me to be looking very bearish. If it lingers down around this area for a day or so, then it may plummet and take out stop losses below 1520, which will really make it free fall With the eu summit and the 10 year ...

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

Well I'm currently trading the upswing correction. I'm short at 1584.79 and am waiting for price to bounce far enough away that I can move stop loss to break even then sleep. Ive noticed that the euro session usually sends the price down a bit, so ...

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

Just thought I would chime in. I dont see QE3 until things start to really hit the fan. The price of oil is the catalyst imo. With oil still at 79 a barrel the fed cant announce more printing as it will sent oil back to 150 and world is not stable ...

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

Cloggie, forget it I cashed out my longs and shorted at 144171. This is a critical level. I'm going for broke on this. This the best trading opportunity that I have seen in a long time. 20 point stop loss, potential profit is huge.

EURUSD