Good comments XTrade - and look on the bright side, if there were no weak hands then the strong hands would find it that much more difficult to get hold of PM's.... have a good weekend all beeb

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

ok - but over what timeframe and for what reason? why not post more details here.....

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

10min GC Bollies compressing - would love to see a move above 1414 and then closing over 1420 for the week..... beeb

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

er..yes...but according to the chart you displayed the price is at or very near the trendline that you drew. if you're not going to buy at an upsloping trendline (obviously with a stop) that has provided support, where are you going to buy? the ...

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

well i'm glad it's just for fun and not for profit......

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

Dunno what to say folks - it's the same old problem of people buying high and not selling higher........ Just try to remember that trading is like a high dive - unless you start from a solid platform you are going to come a cropper......ie get your ...

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

bit of context perhaps: url beeb

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

GC 20 min fork - same one as shown this morning and earlier in the week.... beeb

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

if you're trading the Dailies you should be using stops - if you're trading 10 or 20 mins you should have seen the move and gone short - if you're an investor, you shouldn't even notice.... beeb

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

Sorry Chum - don't have a clue.... I principally use forks and supplement them on a Daily with RSI, MACD, Stochs and Moving Averages..... beeb

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

harvest3r can't advise you what to do with your trade - but the alternative to closing it or leaving it open is to close part of the trade and/or utilise stops to ensure profit. just a thought.... beeb

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

just to expand on what I meant when I suggested that "trading was guessing".... it is in the sense that we do not KNOW what price is going to do. we don't KNOW that it is not going to go up or down by $100 in ten minutes time...all we are doing with ...

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

harvest3r - trading IS guessing. All that technical analysis does is to remove as many of the imponderables as possible so that the trade you are left with has the best possibility of success. If you ever think a trade is a certain winner I can ...

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

gm harvest no idea if we'll get a pullback... smaller charts will give clues to bigger ones - not v helpful but that's the way it is...... beeb

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

happy to say - from a bullish perspective that it didn't

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

Watching this poss yellow downfork to see if it provides resistance - 20min GC url beeb

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

Dan Norcini's view: url

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

still struggling with the 1415 resistance it hit an hour ago...... (the Upper Parallel of the fork I posted earlier - plus a couple of other resistances)

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

You can't beat a good fork lol

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

harvest there has been plenty of noise about a short squeeze in silver recently btw - check out how well this fork has been working for 20min GC recently url beeb

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