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Posts by "eelman"
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 9, 2010 18:01
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Jeez...I step out for a 3 hours to run errands and my silver trade turns to crap. Looked so promising too!
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 9, 2010 13:46
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Yesterday Ashraf mentioned 16.30's area. This may have been a shorter term target. Low from a month ago was around 14.60's, a retest of that seems reasonable to me.
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 9, 2010 13:28
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Sure happy I added that 2nd lot @ 17.00: short 2 lots xag average price 17.165
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 9, 2010 12:23
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Shorted xag yesterday @ 17.33 now looking to add on any strength, if there is any?
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 8, 2010 20:05
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Rim--I was thinking that oil chart looked somewhat like a head and shoulders as well. Although not a very pretty one. Looking for a good spot to short myself.
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 8, 2010 17:21
In Thread: Commodity FX (CAD AUD NZD NOK)
You could definitely be right pipped. Just thought it might be worth a shot as often when everyone sees a certainty (like audusd, stocks, gold going higher) it might be time to be sell?
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 8, 2010 17:12
In Thread: Commodity FX (CAD AUD NZD NOK)
I think gold could pull back to 1110-15 without breaking its current uptrend, if it falls through that area then much lower.
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 8, 2010 17:00
In Thread: Commodity FX (CAD AUD NZD NOK)
Pipped - Oil is falling along with gold & it looks like someone pulled the plug on this risk rally. I was looking at going long usdcad...but shorted the bloated aussie at .91 instead.
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 8, 2010 15:53
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
@Pipster I tend to use the simple moving averages (200, 120, 50, 20) quite a bit along with the candle patterns. For me the these moving averages usually work well as support/resistance points. On the 4 hr chart we are currently trading below the 20 period sma. If we get a close below there the next support would be the 50 sma around 16.70. I am short off that bearish engulfing (along with the swift move down in gold) @ 17.33.
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Eelman
Maine, United States
Posts:
93
14 years ago
Mar 8, 2010 15:36
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
What happened to rkkashmir?? Did he feel it was time to crawl back into his hole with gold @ 1124?
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