Dow Jones is red again now....will gold make a run for 1350s?
Dow Jones is red again now....will gold make a run for 1350s?
Hello hiddengap,Originally Posted by ;
Would you be able to describe how the selling boxes have been derived? Do they follow the idea of the darvas box theory? Or are they attracted from one high volume aggression bar? Thank you beforehand. =)
Moneyzilla.
Great trade. I do not aim the precise bottom or top, but rather a entry / exit near s/r dependent on the macd stoch and rsi even though like I said in a previous article. So I am out on a 1hr graph it feels like a fantastic exit.
I shut this transaction today at 16.86, I had a TP set at 16.99$ but if Mitchoss says it is better to close today I don't need to argue with him, chances aren't on my side.
Positions closed and gain obtained. Ended up jumping in on the bounce I spoke about from 16.6 on Xagusd. Positions awaiting see that the price action from here and closed. We might see a retest of 1330 gold 16.60 silver this session as volumes are high and volatility Appears to Be flavour of the day
Goldgirl enjoys it long...
It seems to me that we wil have further correction to the downside the coming days ... don't go long unless you see clear evidence !
Hi, I noticed there's no ribbon for XAU (Gold) XAG (Silver) FX alloys in interactive trading. I thought it would be great to have a place to talk about these.Feel free to post about AU / AG crossed non USD as well. Metals are increasingly more volatile particularly Gold, these days and offer a commodity passing while trading in an FX platform. A growing number of brokers are offering XAU/G. Lt;will save as a relic. Need distance here things are shing. Edit: not anymore - august 2013 now
there's no leverage. Futures are basically cheaper for US citizens these days to exchange. Relic article: I will attempt to upgrade the thread periodically with fundamentals, TA, reading/links, through the times. Metals can gross or wipe out some nice pips from your account quicker than particular currencies. I propose demo trading first, before reside, if you're unfamiliar with how metals proceed or what drives them besides the inverse relationship to fiat currencies notably the USD. So to start, early today we struck a monthly high on XAU/USD of just about 1131
then retreated back down to the 1110/6 array region. Where we rest now (1114 @ time of article) XAU/U opened Greater this week after a strong move upward last Friday getting back against the USD after the Fed's Discount Rate shift info, sent it almost down from 1124 to strong support at the 1098 area (1100 psych support). Good Luck importantly,
stop in! ----- -- Edit - end of JULY 2013. - WOW Funny to return. . So we went from the 1000s almost to 2000 then back down. Since the article. Whatever the case I'm cleaning this up a bit. And incorporating new LINKS FOR NEWBIES....
In a number of the OLDER posts here I'd like to be able to join a live GIF chart file and noticed one day that everytime the ribbon is refreshed the chart would too.BAD, for a number of the previous posts since the charts don't fit, GOOD for Quotes. NOW they changed a bunch of stuff I can't get the real charts up here! Though the OLD ones refresh. So despite all of my attempts here are live chart LINKS. Going to figure out this.
-- Article on QE and tapering costly in or not? December 2013 lt;--
-- gt; POST ON WHAT A FAIR VALUE OF THE YELLOW Metallic May BE TODAY SEPTEMBER 2013 Here is the article Hyperlink
-- gt; POST on USING THE GSR / GOLD to SILVER RATIO to exchange PHYSICAL alloy
Fundamental characteristics of http://en.wikipedia.org/wiki/Gold click me http://en.wikipedia.org/wiki/Silver click me
HERE IS the Way to BREAK DOWN THE PIP VALUE OF GOLD MOVEMENTS USING 10 USD Swings and a SPOT FX broker
https://www.forexforum.co.za/discuss...ading/13-.html
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THE THREAD RULES:
1. SCALPING. </b>IT is Unnecessary to post in at 1980 0ut @ 81. However, high probability scalps welcome, usually for 10 USD moves minimum.
2. NO WILD PUNTING. Please refrain from making unsubstantiated claims. =throwing out a call making no sense with no backup ie: chart
3. POST CHARTS - A Picture is worth 1000nd words
4. Give REASONS with BACKUP For the CALLS
5. TREAT OTHERS AS YOU WOULD LIKE TO BE TREATED (CONSIDER THIS THE GOLDEN RULE)
6. IF YOU DON'T KNOW - ASK.
7. Banning - Warnings will be given twice along with a week long vaion unless you're completely out of line and disruptive.
The next warning is quiet and permanent. Should you disagree with a attacking PM me or write directly to Twee.
8. Attempt to stay on topic. When the marketplace is dead we can joke, do discuss currencies Other Pms welcome, base metals ok,
9. Black Gold or WTI and Brent are all welcome, just if we are slow on gold/silver. Or if it's a great exchange opp, post away.
10. No PLAGIARISM - of other people's posts - When using other's substance please provide credit.
11. NO http:///en.wikipedia.org/wiki/Troll_(Internet)ING
Furthermore - if you have a PERSONAL gripe or debate with someone take it elsewhere or PUT THEM ON IGNORE.
================================================== =================================================
WHAT THE CME IS in my brief and this is the Link to their website CME http://www.cmegroup.com/
http://www.cmegroup.com/company/nymex.html or New York Mercantile Exchange and the
http://www.cmegroup.com/company/comex.html commodities trade division. Here is where all the US GOLD AND SILVER stocks are exchanged. After Hours it's GLOBEX clearing.
Settlement links are listed under.
Sorry Haven't been updating this, but awaiting for another fantastic symmetrical triangle break to come, will post!
__________Some Winning Trades / Setups / Patterns / ETC.____________Clearly I can't post every winning trade. I will attempt to keep this section for longer term chart patterns, as well as some quick day trade ones when possible. Thank you for understanding
All these are the MONEY MAKERS. They usually do require holding over the weekends.
Trade 1: March Daily Symetrical Triangle on Daily[/b]
https://www.forexforum.co.za/trading-systems/12-.html
b. Breach
c. $100 Move - Best older chart I could see in thread to show the price 100 bucks afterwards @ 1180
most of us know it struck 1200 not far after.
TradE 2: Cup and Handle -
0. Announcment
1. Formation and exchange installment
2. Follow Up
3. Reference
Trade 3: June- Symetrical Triangle
1. Installation
2. Result - I believe this is the right article
No. 4
STACKED Longs
over 1300 on how to 1400!
April 13/14 2011 - Symmetrical Triangle Setup Trendline Record high
1. Set Up
2. Break / Test / Starting Break
3. https://www.forexforum.co.za/general...ussion/9-.html
4. End of NY Session Result - New High
2012 SYM T off WEEKLY Channel
NFP setup - dip after release - rotation top - input - 30 USD candle.
LAST TRADES BEFORE THEY SCREWED US FX TRADERS OUT OF XAU and XAG LEVERAGED TRADING.
Currently one micro bunch .01 = the spot price of a single oz in margin - ie .01 = 1760 in margin
Watch last article HERE
A. GOLD Clean Plus 100 USD move caught
B. SILVER - obtained the last pop up also!
's - NEW SECTION: TOOLS OF THE TRADE: Other Members will be leading and their posts Linked. (Right now it's slightly out of sequence and may change as we move along)
Review again
:
1. FRACTALS
2. Symmetrical Triangle Perform - April 2011 - H4
3. Bullish Flag
4. Extended article on Position vs Futures GOLD
GOLD AND USD CORRELATION STUDIES BY KADC
BEEB's SECTION ON FORKS:
FORK BASICS:
ML #8211; Median Line
UP #8211; Upper Parallel
LP #8211; Reduce Parallel
UQ #8211; Upper Quartile #8211; midway between ML and UP
LQ #8211; Lower Quartile #8211; midway between ML and LQ
WL #8211; Warning Line #8211; not revealed but equidistant from ML to UP or LP Away from the UP or LP
OQ #8211; Outer Quartile #8211; midway between UP or LP and WL
SP #8211; Sliding Parallel #8211; almost any line after the trajectory of the fork
GC (STANDARD 100 oz FUTURES CONTRACT) 240 and 20 Minute trading - beeb
FORK - More advanced It looks complex but I'll try to take you through what this fork is telling me and also where the transactions are....This is a 20 minute SI chart: FOR CHART AND FURTHER READING SEE THIS POST
beeb
- ICCE
Dashed Blue Lines Red Lines are Support/Resistance.
ICCE : ?
Intake;
Compression;
Combustion;
Exhaust;
Fully a Idea of .
There are no Novels on it only a few Webinars in the PF.
An Abridged synopsis.
How frequently have you plotted a Fib not been amazed to see Compression about the 50% zone? Me to. That is where I started. What if The present Compression will be 50% of the transfer?
Original post and chart can be found at THIS POST.
Sreym33 trading system for Gold / Silver
https://www.forexforum.co.za/general...ussion/8-.html
__________________________________________________ ____S_E_T_T_L_M_E_T_S_____________________________ ________________________________________
Futures Gold and Silver Settlement Date Links
a. GC GOLD (This is the conventional cntrct = 100 oz) = http://www.cmegroup.com/trading/meta...ious/gold.html b. QO miNY GOLDhttp://www.cmegroup.com/trading/meta...s_futures.html
c. SI SILVER = http://www.cmegroup.com/trading/meta...us/silver.html d. SI miNY SILVER = http://www.cmegroup.com/trading/meta...NY-silver.html
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