Gold 946.50
{15min delayed}
'Cmon boys, keep buying
Humble Lifetime Member
Cesarnc's market talk, gossips, rumours & fun
- #5,161
- Feb 21, 2008 5:32am Feb 21, 2008 5:32am
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
- #5,163
- Feb 21, 2008 5:39am Feb 21, 2008 5:39am
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
Don't just click the smiley emoticon button... click BUY on XAU/USD!!
Do it NOW!!
Humble Lifetime Member
- #5,164
- Feb 21, 2008 5:42am Feb 21, 2008 5:42am
Yeah, I know how it is. It's like, when they see another woman passing by, the first thing they do is look at your face to see where you're looking. If they ever catch you, well, you know the rest.
- #5,167
- Feb 21, 2008 5:53am Feb 21, 2008 5:53am
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
Kewl!
I'm tryin' to keep the greed beast in check... daren't add more, just watching, hoping some big money will push it up on my behalf.
:
Humble Lifetime Member
- #5,168
- Feb 21, 2008 5:53am Feb 21, 2008 5:53am
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
gaa!
I wanna buy euros but I shouldn't...
[mumbling] dont click buy, dont click buy...dont... click...
sigh.
Humble Lifetime Member
- #5,169
- Feb 21, 2008 5:54am Feb 21, 2008 5:54am
gaa!
I wanna buy euros but I shouldn't...
[mumbling] dont click buy, dont click buy...dont... click...
sigh.
, I've got a slightly shorter-term point of view... (you are talking EUR/USD right?)It seems to have created a short-term double-top around 1.4755/60 area over the last 3 days or so.
Bulls are running out of pushing steam.
There is a nice bit of intermediate-term support at 1.4709'ish though, but that's been pierced alread, and don't know if it will hold. As they say, it either holds or it doesn't
:Personally, I'm looking down, and my next intermediate downside target is Jan's pivot around 1.4644'ish.
However, I don't trade E/U much, so don't believe anything I say
Carpe Divitiae
- #5,170
- Feb 21, 2008 5:56am Feb 21, 2008 5:56am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #5,171
- Feb 21, 2008 5:57am Feb 21, 2008 5:57am
The truth is (my own personal style) I hate adding onto a position. I just let it ride out to reach my TP (intra-day) or a change in the Daily TF. You should also check out palladium and silver.
And yeah, all the metals have been going stupid for months now.
Even base metals, I've even had good longs on Lead
at times
Carpe Divitiae
- #5,172
- Feb 21, 2008 5:59am Feb 21, 2008 5:59am
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
Yeah, ditto. I usually only add if it's in free-money mode. Otherwise I leave it alone and use the available equity for other positions.
And yeah, all the metals have been going stupid for months now.
Even base metals, I've even had good longs on Lead
Shouldn't copper be going down in a recession? Wait, it's China buying half of the world's supplies.
Humble Lifetime Member
- #5,174
- Feb 21, 2008 6:03am Feb 21, 2008 6:03am
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
Anybody watching Usd/Chf?
Humble Lifetime Member
- #5,175
- Feb 21, 2008 6:03am Feb 21, 2008 6:03am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #5,176
- Feb 21, 2008 6:06am Feb 21, 2008 6:06am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #5,177
- Feb 21, 2008 6:13am Feb 21, 2008 6:13am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
I just wondered why it was shooting up. It's been sort of dormant lately.
I could be TOTALLY wrong.
Just Trade It
- #5,178
- Feb 21, 2008 6:15am Feb 21, 2008 6:15am
Lead?
Shouldn't copper be going down in a recession? Wait, it's China buying half of the world's supplies.
} with calls on lead futures as they started feeling a sting in acquiring it even before christmas last year. Which is always a good "indicator" to me.If the man-in-the-street starts taking a hit to profit margins because of acquiring raw materials. Buy it
One of my brokers lets me trade base metals on the LME.
As for China, they're pretty much buyin up half the worlds everything at the moment...
Carpe Divitiae
- #5,179
- Feb 21, 2008 6:16am Feb 21, 2008 6:16am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Thanks for clarifying.
There were more buyers than sellers? I don't know, just a wild guess
I could be TOTALLY wrong.
Patience + Humility + Study = Success
- #5,180
- Feb 21, 2008 6:19am Feb 21, 2008 6:19am
There were more buyers than sellers? I don't know, just a wild guess
I could be TOTALLY wrong.
... no one likes a smart-arse...Welcome back btw. Did you see they found your stashed paintings while you were away? Check your 160mil in 3 mins thread, I posted a link for ya
:Only two so far though... how did you say you paid for your holiday?
Carpe Divitiae