Can't remember if I've mentioned it before but that chart is an excellent example of why I don't like breakout trades. Look at the number of times price just makes a new high or low and then reverses......I find it's often the same with horizontal ...

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

well, remember that us Europeans have to pay VAT (20% in UK) on silver products..... beeb

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

arise.......lol

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

Well I've been trading professionally and privately for nearly thirty years and it is far and away the best method I've seen..... beeb

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

OK thanks beeb

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

OK well let me show you 240min GC via forks - real trades from recent days.... Chart 1 is what I drew when I saw quartile action - gave me a possible fork... url Having the fork, Chart 2 gave me an entry a stop and an exit all in perfect ...

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

urggh - don't like that at all.... he tells you how to get in after the event (I assume you can't tell a pin bar until the following day) and doesn't tell you when to get out..... not my cup of tea I'm afraid beeb

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

Check out my previous comments re Daily Stochastics and 150 MA for gold. Copper on the Dailies is a bit in no man's land for me - not that I trade it.... beeb

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

38.85 or so looks a good target and 38.70 looking an interesting level off an abcd.... beeb

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

np mate you just didn't come across very well....appreciate your comments beeb

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

or you could argue that it's time for a reversion to the norm and gold will start to claw back what it's lost....... there was some talk of that on king world news this weekend if you heard it......... beeb

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

hmmm not the greatest forum etiquette what with "the guy" and offering to point out my technical inadequacies...... beeb

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

No problems.... Thanks for the offer but I'm quite confident and content with my technical skills - I just don't trade the same method as you....I use Andrews' forks and ABCD's for the intraday stuff and use them in conjunction with stochs, macd and ...

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

Sorry - don't trade pin-bars and I don't know what BRN or J16 clan is. I was merely pointing out that IMO one needs to look at technical patterns in the light of the wider picture. And in the light of the wider picture silver and gold both did ...

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

You seem to be splitting hairs as it's worth remembering that last week happened in the shadow of all the factors I mentioned earlier....in the light of which I think that silver's performance was more than adequate..... IMO a little bit of positive ...

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

Nobody can be certain that gold won't move $200 either way tomorrow. The probability is that it won't. Technical Analysis uses past data to attempt to take as many variables as possible out of the equation in order to give a trade the best ...

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

Lindt works for me lol beeb

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

However sad it is for the Ivorian people I'm afraid that IMO the precious metals market is not going to be overly affected by their travails. It may be different for the Cocoa market - I don't know enough to say whether it will be. beeb

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

Daily Gold looks to me to be consolidating in a bullish trend....There is very strong physical buying in the London spot market (obviously a different beast to the COMEX) and we seem to be seeing a higher floor coming in. IMO it was bullish that we ...

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

worth a listen imo: url beeb

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