XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 759 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD, Silver/USD

Similar Threads

Gold futures & XAU 78 replies

GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies

Daytrade - XAU/USD & XAG/USD 14 replies

XAU/JPY & XAG/JPY 13 replies

Successful XAU/USD traders 7 replies

Attachments: XAU/USD & XAG/USD - Gold & Silver Traders Thread
Exit Attachments

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

  • #15,161
  • Edited 9:37pm Jan 9, 2012 9:25pm | Edited 9:37pm
Quoting SunTrader
Depends on what you are looking at.

Futures closed at 1608.10 and London PM Fix was 1615.00 and I got XAUUSD at 1611.35
Im trying to look at what she's showing us and get a feel for direction out of this down from 1632 and up from 1600 area.
The begining of a new quarterly cycle and we are starting in the same 1608-17 area were we had our push up from at the start of last quarter.
Weekly close will be helpful.
  • #15,162
  • Jan 9, 2012 11:24pm Jan 9, 2012 11:24pm
to astro traders - the full moon yesterday. time to look at ur silver charts

----------------------------------------------------------------------------

gold update on symetrical triangle.

looks valid but i wanted it to reach s3 first for some time confirmation - but i already see a 13 bar count config from 2nd pennant high.

lets see how PA is around the red resistance lines for now.
Attached Image (click to enlarge)
Click to Enlarge Name: tunsaid.gif Size: 19 KB
Have I got something on my face, SOLDIER?
  • #15,163
  • Jan 9, 2012 11:52pm Jan 9, 2012 11:52pm
Quoting bumapatria
to astro traders - the full moon yesterday. time to look at ur silver charts

----------------------------------------------------------------------------

gold update on symetrical triangle.

looks valid but i wanted it to reach s3 first for some time confirmation - but i already see a 13 bar count config from 2nd pennant high.

lets see how PA is around the red resistance lines for now.
Cant help to take note and have my eyes open a bit more to that 1629-35 area myself tues.
  • #15,164
  • Jan 10, 2012 2:35am Jan 10, 2012 2:35am
bot @ 1618, stop of 1613, aiming for 1635. prices broke out above downtrendline at 1617, so bot the pullback to the line.
  • #15,165
  • Jan 10, 2012 5:08am Jan 10, 2012 5:08am
changed my tgt to 1640. stop is 1617.5 for now, but will change as mkt keeps going in favor.
  • #15,166
  • Jan 10, 2012 6:55am Jan 10, 2012 6:55am
out @ 1636.5, may buy it back lower.
  • #15,167
  • Jan 10, 2012 6:57am Jan 10, 2012 6:57am
nice trade ! I took bits and pieces of the same thing but been trying to scalp around this. You might want to watch the 15M channel up, it has been a third push up and RSI14 is diverging for the third time. Good luck.
  • #15,168
  • Jan 10, 2012 7:09am Jan 10, 2012 7:09am
Quoting cvds16
nice trade ! I took bits and pieces of the same thing but been trying to scalp around this. You might want to watch the 15M channel up, it has been a third push up and RSI14 is diverging for the third time. Good luck.
yes divergence is the reason i took it off. we could go as high as 1743 and then 1756, but I will wait for pullback now.
  • #15,169
  • Jan 10, 2012 7:28am Jan 10, 2012 7:28am
gold is above the 1630, it is go higher to 1650?
What you mean guys!
  • #15,170
  • Jan 10, 2012 7:32am Jan 10, 2012 7:32am
we are up 120 USD in a week and a half, I wouldn't be looking for longs here too much, I am mostly scalping short when the opportunity arises. For long I want to wait for a pullback.
  • #15,171
  • Jan 10, 2012 7:36am Jan 10, 2012 7:36am
Quoting jimobiwan

Still sitting on

1527 long and added at:
1538 (break of yesterdays base-forming range high) and
1563 (break of yesterday's DH on pin action)

18DMA now at 1626 and crossing the 200DMA there and coincidentally also the 200EMA (1627) so will aim to take some positions off there.

Also jumped back in GBP, NZD and AUD.
------------

took some off at 1625 on 05JAN and reloaded on longs at 1611 today (on failure to dip back below 09JAN's day low at 1604.

Next target at 1650

 

  1. belief that AU jumps in $25 increments and
  2. xx50 being half a round number and
  3. just below 55EMA(Daily) and
  4. being the top BB at 1550.23 and
  5. being a big day range for today and
  6. on belief that trading is getting back to normal with people back from long holidays.

Just my thinking.

I have no enemy; I make Incautiousness my Enemy.
  • #15,172
  • Jan 10, 2012 7:36am Jan 10, 2012 7:36am
at this volatil times, what is your sl on Gold?

Quoting cvds16
we are up 120 USD in a week and a half, I wouldn't be looking for longs here too much, I am mostly scalping short when the opportunity arises. For long I want to wait for a pullback.
  • #15,173
  • Jan 10, 2012 7:43am Jan 10, 2012 7:43am
nice!!!!

Finally resistance 1633 broken!!!!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #15,174
  • Jan 10, 2012 7:43am Jan 10, 2012 7:43am
mostly I try to let it be 2 USD when scalping, for bigger setups, my stoploss might trail 5 USD
  • #15,175
  • Jan 10, 2012 7:45am Jan 10, 2012 7:45am
We have just re - entered with some avengeance back into the lower part of the weekly channel. I disagree. The breach of 1633 signals more upwards momentum to come.

I would look for longs on pullback.

Gold can move 400 USD at a stretch, 150 in a week isn't much to worry about.

Quoting cvds16
we are up 120 USD in a week and a half, I wouldn't be looking for longs here too much, I am mostly scalping short when the opportunity arises. For long I want to wait for a pullback.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #15,176
  • Jan 10, 2012 8:11am Jan 10, 2012 8:11am
Here are FOUR areas marked with a yellow X the price has either failed or was once supported by 1633. Thus, it's importance as an area of interest to breach topside.
Attached Image (click to enlarge)
Click to Enlarge Name: 1633.GIF Size: 32 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #15,177
  • Jan 10, 2012 8:11am Jan 10, 2012 8:11am
Quoting XTrade
We have just re - entered with some avengeance back into the lower part of the weekly channel. I disagree. The breach of 1633 signals more upwards momentum to come.

I would look for longs on pullback.

Gold can move 400 USD at a stretch, 150 in a week isn't much to worry about.

close my longs since 1610.90 at the reach of 35 as planned.

x, do you have any tips on trying to hold positions? i think i closed mine "early". but nevertheless a 20 buck long is not so bad for a one day hold . my usual tolerance is a swing trade of about 2 days length. short-mid term kinda thing.. maybe i need to adapt to gold for longer holds.

it was a nice break of the triangle nonehtless
Have I got something on my face, SOLDIER?
  • #15,178
  • Jan 10, 2012 8:16am Jan 10, 2012 8:16am
Quoting XTrade
We have just re - entered with some avengeance back into the lower part of the weekly channel. I disagree. The breach of 1633 signals more upwards momentum to come.

I would look for longs on pullback.

Gold can move 400 USD at a stretch, 150 in a week isn't much to worry about.
I continue to watch and learn.

X and Bemac - hat goes off to you.

Buma - nice silver trade! I do wish you might explain the statistical relationship between the moon and silver. I wouldn't want you encouraging other 14 year olds to go long on silver due to lunar cycles. My bet is that no correlation exists.
  • #15,179
  • Jan 10, 2012 8:17am Jan 10, 2012 8:17am
I am short from 38.45 and added at 36.00, looking to cover in the next 20 minutes.
  • #15,180
  • Jan 10, 2012 8:35am Jan 10, 2012 8:35am
Quoting Wheels
I continue to watch and learn.

X and Bemac - hat goes off to you.

Buma - nice silver trade! I do wish you might explain the statistical relationship between the moon and silver. I wouldn't want you encouraging other 14 year olds to go long on silver due to lunar cycles. My bet is that no correlation exists.
xtrade this is not mumbo jumbo dont ban me .
as wheels was asking - i cant really tell why but its harmony. why? how am i supposed to know? i know its in harmony though

just for perks heres a silver chart with moon dates

again there are many disbelievers to this "unique" method of trading.
but the basis of it is trading time and price. if price is right, and tiem is too well... trade is likely to profit well. its a long story anyways i have been studying it for about some months now...

based on my studies sun has relationship to gold, and moon to silver.
( i dont recommend to trade time if u have no knowledge whatsoever on the topic)

dates are not altered they are based on this lunar calendar
http://kalender-365.de/lunar-calendar.php?yy=2011
just some dates i put - i dont really post them on my charts but here are some past and yesterdays full mooners
Attached Image (click to enlarge)
Click to Enlarge Name: full moon.gif Size: 13 KB
Have I got something on my face, SOLDIER?
91 traders viewing now