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- Fmfx replied Apr 28, 2011
Tomorrow's Royal wedding might surprise the markets and make it more memorable... something like: "do you recall Gold price fell almost $100 the very same day?!"
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 28, 2011
I think even my fish in the tank know the "long-term" trend is bullish with gold but some "experienced" traders do not mind making a few hundred additional bucks daily from shorting gold in addition to their long-term LONG positions. Have you ever ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 27, 2011
I hope so too. There were some good opportunities a few days ago and in upcoming days
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 27, 2011
Yes, and he said at this point the benefits of another is less desirable like it was before QE 1 and 2... I actually liked his points. There will be an interesting next few months specially for stock markets and to less extent for commodities. And ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 27, 2011
Up to you but FWIW I still have my longs from 1300... I close some positions today I opened at 1460, 1490, 1505... still have open ones in between as well. Waiting for a good short opportunity now...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 27, 2011
I buy at different levels and take profit at different levels too, like most brokers... 1522-23 was the level being watched by most... we will see Ah, by the way, I close my short for $1920 profit, thanks for asking!
XAU/USD & XAG/USD - Gold & Silver Traders ThreadSorry everyone, but I ...
- Fmfx replied Apr 27, 2011
A BIG profit-taking is coming guys... be CAREFUL
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 27, 2011
But QE ending is DEFINITE now
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 27, 2011
Well, makes sense since there will be more and more profit taking as we get closer to the Fed thingie. Will be a busy day with possibly big surprises
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 26, 2011
I am thinking more about 1450 region... specially after all of this up up up action. We will see by tomorrow I guess...
XAU/USD Spot Gold
- Fmfx replied Apr 26, 2011
Agreed but there might be good BUY opportunities in 1450 region...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 26, 2011
London open tomorrow should be interesting... We might see the 1470-1480 region as there will be a lot of profit-taking...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 26, 2011
a $120 drop is not a small correction IMHO...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 26, 2011
Already touched 1496 and now at 1499. As XT said, getting to 1485 area is only a matter of time. Lower highs since yesterday...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 26, 2011
A bit interesting all the people are suddenly talking about support, correction and etc. I could have got killed a few days ago talking about a major sell off coming... Oh, well. Initial short at 1518, added a few more at 1508 with TL open
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 25, 2011
You may want to wait for 1450 or lower by the end if this week
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- Fmfx replied Apr 25, 2011
Well, it seems we might see 1400 again before 1600...
XAU/USD & XAG/USD - Gold & Silver Traders Thread