Gold Charting and Gold TA Chat

Discussion in 'Gold' started by Azure, Jul 26, 2012.

  1. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Follow up on above post..... (#177)
    Shorts are working out nicely. :)

    [​IMG]
     
  2. thatguy

    thatguy Active Member

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    party in the basement, anyone coming? Silvers already there partying hard
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I'll be there! :D
     
  4. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Entry level (short) = 1425
    Stop loss = 1455 (30 pips)
    Margin required per 10oz contract = USD$139
    Risk per contract = USD$300

    Target = 1320
    Risk:reward = 1 : 3.5
    Exit level = 1356 (stopped out)
    Profit per contract = USD$690 = 496%

    [​IMG]
     
  5. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    oops :|
     
  6. theiain1

    theiain1 Member

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  7. hihosilver

    hihosilver New Member

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    how do you rate that charting software? :/ looks pretty good to me
     
  8. hihosilver

    hihosilver New Member

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    I meant (theiain1) how do you rate that charting software?
    :D
     
  9. theiain1

    theiain1 Member

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    Yeah its pretty good hiho; best i've found...

    I wish it had fibo's though
     
  10. hihosilver

    hihosilver New Member

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    cheers I'll check it out over the new few weeks :cool:
     
  11. theiain1

    theiain1 Member

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  12. thatguy

    thatguy Active Member

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    [​IMG]
    long @ 1405, or fingers crossed ~1340
     
  13. thatguy

    thatguy Active Member

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    Weel looks like it may have resolved to the upside... bit weary being end of month n all
    On a side note gold seems to be inverse of the nikkei
     
  14. thatguy

    thatguy Active Member

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    [​IMG]
    looking good target 1449
     
  15. thatguy

    thatguy Active Member

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  16. Southerner

    Southerner Active Member Silver Stacker

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    Hey thatguy,

    I have not posted on this thread, and don't trade in silver.
    But I wanted you to know I am always checking it out and very much appreciate the info you provide.

    Southerner
     
  17. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    +1
     
  18. Marsi

    Marsi Member Silver Stacker

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    Ditto
     
  19. thatguy

    thatguy Active Member

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    http://traderdannorcini.blogspot.com.au/2013/06/gold-etf-gld-bleeding-inventory.html
    Great post by a bearish traderdan... anyone who invests in PMs and does not follow traderdan is a fool!
     
  20. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Applies to trading not investing. Norcini is correct when he refers to traders. He does not refer to investors or savers in PM. There is a difference.
     

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