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

  • #12,481
  • Oct 25, 2011 10:52am Oct 25, 2011 10:52am
Quoting tuba84
really, really sad....

Not sad. Meaningless.

Someone says, "I bet you that Team X will beat Team Y". Second person says "OK, how much?" First person says "Well I didn't mean with money on the line. I just know"!!
  • #12,482
  • Oct 25, 2011 10:55am Oct 25, 2011 10:55am
Quoting ddinnov
........Does anyone know what's going on with this meeting tomorrow? I've lost track of whether it;s happening or not..
Couple of items on the news page.

What it all means who knows.

What I am anticipating is dollar strengthening ....... over time.

But will it or won't it is the question.
  • #12,483
  • Oct 25, 2011 10:56am Oct 25, 2011 10:56am
Exciting...
  • #12,484
  • Oct 25, 2011 10:59am Oct 25, 2011 10:59am
1700 and low from August 25th comes into play.
  • #12,485
  • Oct 25, 2011 11:04am Oct 25, 2011 11:04am
Quoting ddinnov
Just a thought, people keep calling these big bear moves before the next upmove - haven't the corrections already happened?

The bounce off the 1600 area happened last week already(20th Oct), and the move down past 1550 - we've seen it haven't we (26 Sept)?

Just a thought.

And where's Ravissek? It's going up!

I was thinking the same when writing that last reply of mine, i guess it was all we had to see in correction

And why do i always keep aside the Indian season, i talk about it the most and then i forget it, its a mistake!
  • #12,486
  • Oct 25, 2011 11:19am Oct 25, 2011 11:19am
Hasn't been a boring day so far.

  • #12,487
  • Oct 25, 2011 11:20am Oct 25, 2011 11:20am
Quoting Wheels
Hasn't been a boring day so far.

agree
  • #12,488
  • Oct 25, 2011 11:23am Oct 25, 2011 11:23am
If Ravissek was here today he maybe the happiest man in the world
  • #12,489
  • Oct 25, 2011 11:25am Oct 25, 2011 11:25am
Quoting forexfacts
If Ravissek was here today he maybe the happiest man in the world
My worry is that he lost confidence and took big losses only to watch gold turn upward.

I'm sure we will hear back from him at some point.
  • #12,490
  • Oct 25, 2011 11:34am Oct 25, 2011 11:34am
Quoting Wheels


At the same time, there really is no point talking about missed opportunities or what could have been if the demo account were real. (The woulda, shoulda, coulda talk...)

Demo trading is psychologically a world apart.

I could easily make a million dollar bet with money that doesn't exist, but putting that kind of cash on the line in the real world is another story.
EXACTLY
  • #12,491
  • Oct 25, 2011 11:35am Oct 25, 2011 11:35am
My worry is volumes are so low on such a strong breakout
  • #12,492
  • Oct 25, 2011 11:40am Oct 25, 2011 11:40am
anyone long from 1700?
Anything can happen.
  • #12,493
  • Oct 25, 2011 11:40am Oct 25, 2011 11:40am
Quoting ddinnov
What's wrong with demo accounts? You want to learn to trade risking real money?

I think that's sad
Life's a bitch....so be a dog and cover it!
  • #12,494
  • Oct 25, 2011 11:41am Oct 25, 2011 11:41am
I don't see price action as having left the current bullish channel yet.

When price dives down at this pace within the channel, no one thinks twice.

We tested 1700, the top of the channel.

I think it will drop back down to the lower region of the channel, but I'm not taking action yet.
  • #12,495
  • Oct 25, 2011 11:42am Oct 25, 2011 11:42am
Quoting ddinnov
anyone long from 1700?
Mine is $1680 with SL @ 1640

cheers
  • #12,496
  • Oct 25, 2011 11:53am Oct 25, 2011 11:53am
<conspiracy theory>I wonder if they're pushing it up in preparation for a massive short tomorrow...</conspiracy theory>
Anything can happen.
  • #12,497
  • Oct 25, 2011 12:00pm Oct 25, 2011 12:00pm
Quoting ddinnov
anyone long from 1700?
not doing any buying at 1700....but holding a long with a $12 trailing stop.
Life's a bitch....so be a dog and cover it!
  • #12,498
  • Oct 25, 2011 12:01pm Oct 25, 2011 12:01pm
Quoting ddinnov
<conspiracy theory>I wonder if they're pushing it up in preparation for a massive short tomorrow...</conspiracy theory>
hehehe....I am all over those "conspiracy" theories
Life's a bitch....so be a dog and cover it!
  • #12,499
  • Oct 25, 2011 12:06pm Oct 25, 2011 12:06pm
BinGO!

Quoting ddinnov
<conspiracy theory>I wonder if they're pushing it up in preparation for a massive short tomorrow...</conspiracy theory>
  • #12,500
  • Oct 25, 2011 12:09pm Oct 25, 2011 12:09pm
Quoting ddinnov
<conspiracy theory>I wonder if they're pushing it up in preparation for a massive short tomorrow...</conspiracy theory>
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