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

  • #12,821
  • Nov 6, 2011 12:48am Nov 6, 2011 12:48am
it is more interesting http://seekingalpha.com/currents/post/99742


Hold your horses - even Zerohedge admits he got it all wrong:

It is not a margin call, not at all. http://www.zerohedge.com/news/cme-is...y-mf-aftermath
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  • #12,822
  • Nov 6, 2011 1:08am Nov 6, 2011 1:08am
Quoting hareanone
Because right now i am heavily short silver. So i just want to make sure i cover my bases lol.

a hike to 100% means an unbelievable crash in silver and gold IMO

see my post number 12945
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  • #12,823
  • Nov 6, 2011 1:51am Nov 6, 2011 1:51am
Quoting mmudasir
see my post number 12945
hmmm... does it means that gold and silver will go up instead? fuck this CME for such bullshit
  • #12,824
  • Nov 6, 2011 2:25am Nov 6, 2011 2:25am
Quoting hareanone
hmmm... does it means that gold and silver will go up instead? fuck this CME for such bullshit
This will be on effect but not too much
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  • #12,825
  • Nov 6, 2011 2:27am Nov 6, 2011 2:27am
ok lets analyse the situation.

1) initially, Zerohedge thought that the level of the maintenance margin will be INCREASED to the level of Initial margin, which is about 26% higher. so those who are highly leveraged will be forced into margin calls
(outcome of this "original scenario" = gold and silver will crash )

2) but now, it seems that the level of Initial margin will be LOWERED to the level of the maintenance margin instead which means that speculators and investors will not have to worry about margin calls. Instead, they CAN even choose to INCREASE their leverage.

Outcome of this scenario =

1) nothing special happens?
2) speculators take advantage of this reduced Initial margin and buy more gold and silver instead?
3) investors think that this whole CME thing is bullshit and liquidate their positions, preferring to sit on the sideline while watching the chaos on the markets.

Which outcome do you think its more likely?
  • #12,826
  • Nov 6, 2011 2:46am Nov 6, 2011 2:46am
Quoting hareanone
ok lets analyse the situation.

1) initially, Zerohedge thought that the level of the maintenance margin will be INCREASED to the level of Initial margin, which is about 26% higher. so those who are highly leveraged will be forced into margin calls
(outcome of this "original scenario" = gold and silver will crash )

2) but now, it seems that the level of Initial margin will be LOWERED to the level of the maintenance margin instead which means that speculators and investors will not have to worry about margin calls. Instead, they CAN even choose...
your answer in this post http://www.bloomberg.com/news/2011-1...unt-shift.html
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  • #12,827
  • Nov 6, 2011 3:15am Nov 6, 2011 3:15am
Quoting hareanone

2) but now, it seems that the level of Initial margin will be LOWERED to the level of the maintenance margin instead which means that speculators and investors will not have to worry about margin calls. Instead, they CAN even choose to INCREASE their leverage.
Isn't it just a temporary measure to clean up the MF global trasferring of accounts thing?
Anything can happen.
  • #12,828
  • Nov 6, 2011 3:19am Nov 6, 2011 3:19am
Quoting ddinnov
Isn't it just a temporary measure to clean up the MF global trasferring of accounts thing?

this person heavily short in silver as per his post that think he is not talking it more seriously nothing special will be happened all things are normal mate...
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  • #12,829
  • Nov 6, 2011 3:23am Nov 6, 2011 3:23am
I see silver as being stuck in a tight consolidation that might break soon either way. I see a couple of long term trendline/channels that appear to be holding and it is currently in between the 2.

I also see on the daily that it's now bouncing between the 50% and 38.2 retracements and also tightening up into a triangle/wedge formation. Looks like it could break hard in one direction or other. I'm keeping my powder dry for now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: silver_weekly.gif Size: 18 KB
Click to Enlarge Name: silver_daily.gif Size: 18 KB
Anything can happen.
  • #12,830
  • Nov 6, 2011 3:33am Nov 6, 2011 3:33am
I see gold has broken out of it's long term channel and climbing. It seems to be respecting fib levels on the daily and the 61.8 at around 1780 lines up with a previous support area (blue box). Could see some bouncing around between 1725-1780 if it doesn't push through each of these levels and take off in one direction or other.

I didn't trade gold much this last week as during all the volatility it stayed relatively calm. Not sure what the implication of this is fundamentally, is it still a risk -on instrument or is it shifting to risk off? Are people keeping their powder dry and preparing to liquidate if there is a EUR meltdown and mass selling panic?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold_weekly.gif Size: 18 KB
Click to Enlarge Name: gold_daily.gif Size: 21 KB
Anything can happen.
  • #12,831
  • Nov 6, 2011 3:40am Nov 6, 2011 3:40am
This is a 4H chart of XAU/USD and the S&P. Correlation still looks pretty solid.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold_SandP4H.gif Size: 18 KB
Anything can happen.
  • #12,832
  • Nov 6, 2011 3:44am Nov 6, 2011 3:44am
Quoting ddinnov
This is a 4H chart of XAU/USD and the S&P. Correlation still looks pretty solid.
can you tell me where i could find such type of charts?please any website for it?or software
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  • #12,833
  • Nov 6, 2011 6:17am Nov 6, 2011 6:17am
Quoting mmudasir
can you tell me where i could find such type of charts?please any website for it?or software
I have it in dealbook360 which is the charting platform from GFT
Anything can happen.
  • #12,834
  • Nov 6, 2011 6:19am Nov 6, 2011 6:19am
Quoting mmudasir
can you tell me where i could find such type of charts?please any website for it?or software
Should be able to do it with Yahoo Finance.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #12,835
  • Nov 6, 2011 6:19am Nov 6, 2011 6:19am
Quoting ddinnov
I have it in dealbook360 which is the charting platform from GFT
thank u
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  • #12,836
  • Nov 6, 2011 7:18am Nov 6, 2011 7:18am
This is my new Entry on Gold:

http://2.bp.blogspot.com/-ivPN7FVd_r...20/XAU_USD.png

I consider 3 things to make this Entry:

1.-) I consider the pair to be in a uptrend.
2.-) Supply & Demand Zone.
3.-) WRB analisys.

I have started just my lesson in WRB, and I saw a WRB zone ion the chart.

My entry is like this:

Order Entry:
- 1.738 (BUY)
- 1.734 (BUY)
Stop Loss:
- 1.730
Take Profit:
Open

Of couse If I get some VSA around my entry Point I will not doubt in make another entry based in VSA too.
Greetings, BeLikewater
  • #12,837
  • Nov 6, 2011 12:43pm Nov 6, 2011 12:43pm
Two options for me ...
Buy or.....Buy
  • #12,838
  • Nov 6, 2011 1:48pm Nov 6, 2011 1:48pm
Quoting Ravissek
Two options for me ...
Buy or.....Buy
When given the choice of 2 options why choose the same opne for both?

That's like being offered 2 flavours of ice cream and choosing the same flavour twice
Anything can happen.
  • #12,839
  • Nov 6, 2011 1:51pm Nov 6, 2011 1:51pm
Quoting Ravissek
Two options for me ...
Buy or.....Buy
I like your style Ravissek you are a Freestyler
  • #12,840
  • Nov 6, 2011 1:51pm Nov 6, 2011 1:51pm
Quoting ddinnov
This is a 4H chart of XAU/USD and the S&P. Correlation still looks pretty solid.
Which is the green one, please? That one seems to follow rather than lead.
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