Heres a fun lil picture., some bounce action occurring off low into AusASIAN session. Will she stall? or take out 1200.... hmmm time will tellllll. {image}
Money Makes Money
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #30,841
- Dec 19, 2013 9:12pm Dec 19, 2013 9:12pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
- #30,843
- Edited 11:28pm Dec 19, 2013 10:42pm | Edited 11:28pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
BREAKING NEWS!!!!!!!!!!!!
AHA! "taper""MIGHT" Augustaper! Septaper! Octaper! Novemtaper! Dectaper!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #30,844
- Dec 19, 2013 11:24pm Dec 19, 2013 11:24pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Jeese tough crowd! It's just a little joke on Benny Boy before being de-throned.
HAHAHAHAHAHAH!!!
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HAHAHAHAHAHAH!!!
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XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #30,845
- Dec 19, 2013 11:29pm Dec 19, 2013 11:29pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
{quote} She's just going back to the Daily Pivot to recharge the batteries. 1203 tops...........
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #30,846
- Dec 19, 2013 11:33pm Dec 19, 2013 11:33pm
- Joined Oct 2012 | Status: private | 2,606 Posts
{quote} Thodie I would really love to see this chart blown up. It looks like an interesting scenario, if you have it would you mind sharing a larger shot with the family?thX
just do it
- #30,847
- Edited Dec 20, 2013 1:12am Dec 19, 2013 11:45pm | Edited Dec 20, 2013 1:12am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
{quote} you´re always welcome to share buddy!
but I mean can you post a larger one? I can't seem to Enlargottttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttw t
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #30,849
- Dec 20, 2013 1:09am Dec 20, 2013 1:09am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #30,850
- Dec 20, 2013 1:21am Dec 20, 2013 1:21am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
OOOPS- Nodding off over here! ONE E would have sufficed!I'll leave it up for it's pleasing aesthetic APPEAL...
AN-E-WAY 1190 holding so far. As someone else metioned before.
{quote}
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #30,853
- Dec 20, 2013 1:34am Dec 20, 2013 1:34am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #30,854
- Dec 20, 2013 1:39am Dec 20, 2013 1:39am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Looks probable. Did you set it up to get filled on break of the neck?
So far the neck is keeping price below. So I think your target (where bottom measure line is) could happen.
Is that an H4 chart?
Also, in the other case if price gets back above the neck and it holds I might call it invalid at that point..
So far the neck is keeping price below. So I think your target (where bottom measure line is) could happen.
Is that an H4 chart?
Also, in the other case if price gets back above the neck and it holds I might call it invalid at that point..
Good day XT Sir! Trust I'm not intruding here? The below Gold future chart is presented for your thoughts: It is three Buddha's or west H&S, I'm a pure tech / candle tech so I've no further supporting comments but I believe if the previous support is broken I will trade short to 1126. my 2c chart {image}
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #30,855
- Dec 20, 2013 1:46am Dec 20, 2013 1:46am
- Joined Jun 2013 | Status: Trader | 3,071 Posts
Looks probable. Did you set it up to get filled on break of the neck? So far the neck is keeping price below. So I think your target (where bottom measure line is) could happen. Is that an H4 chart? Also, in the other case if price gets back above the neck and it holds I might call it invalid at that point..
I missed the entry purposely for fear of FOMC not tapering. So I'm now looking for trading action below the last major support (green line) and will then target 1126 with a stop of PA persisting above 1180
Tx
- #30,856
- Dec 20, 2013 1:48am Dec 20, 2013 1:48am
hi all,
to me it looks like a throwback on the downward trendline (daily chart) which was broken on the 9-12th of December. I have opened a small long at 1190, just to see if I am correct. Sorry, I am at work and can't post a chart
but it's easy to see it even on a webtrader.
good luck to you, all
to me it looks like a throwback on the downward trendline (daily chart) which was broken on the 9-12th of December. I have opened a small long at 1190, just to see if I am correct. Sorry, I am at work and can't post a chart
but it's easy to see it even on a webtrader.good luck to you, all
- #30,857
- Dec 20, 2013 1:48am Dec 20, 2013 1:48am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Good day XT Sir! Trust I'm not intruding here? The below Gold future chart is presented for your thoughts: It is three Buddha's or west H&S, I'm a pure tech / candle tech so I've no further supporting comments but I believe if the previous support is broken I will trade short to 1126. my 2c chart {image}
Money Makes Money
- #30,858
- Dec 20, 2013 2:41am Dec 20, 2013 2:41am
hi all, to me it looks like a throwback on the downward trendline (daily chart) which was broken on the 9-12th of December. I have opened a small long at 1190, just to see if I am correct. Sorry, I am at work and can't post a chart
Good luck!
"Where you want to be is always in control, never wishing, always trading.
- #30,859
- Dec 20, 2013 2:53am Dec 20, 2013 2:53am
- Joined Oct 2012 | Status: private | 2,606 Posts
{quote}
screen resolution:
http://abload.de/img/ewldthehopeswfbp.png
just do it
- #30,860
- Dec 20, 2013 3:00am Dec 20, 2013 3:00am
{quote} Thats gutsy, I wouldn't even dream of going long now without a test of the 1180 low, this thing could spiral another $50 downwards if stops below that level are triggered. Good luck!
That H&S thing on the daily chart looks too easy to be true, especially for gold. How many H&S played out for gold lately?
Anyways, I am not saying it won't work, it would be stupid to predict or believe anything and I admit, it looks juicy
let's see...
best of luck!