XAU/USD GC Gold - Currency Futures | futures io social day trading
futures io futures trading


XAU/USD GC Gold
Updated: Views / Replies:8,446 / 69
Created: by websouth Attachments:73

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 73  
 
Thread Tools Search this Thread
 

XAU/USD GC Gold

  #61 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

yeah - nice call post #50
...and good job making me feel insensitive for about 4 seconds.

now we go to 1750.... c'mon c'mon push

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
 
  #62 (permalink)
Membership Revoked
Ontario, Canada
 
Futures Experience: None
Platform: NT
Broker/Data: IB
Favorite Futures: gold
 
dario1's Avatar
 
Posts: 405 since Jan 2012
Thanks: 62 given, 52 received


websouth View Post

now we go to 1750.... c'mon c'mon push

1750 is a nice number and looks so distant -
- but I guess we all used to big moves ($50-100) in gold by now.

Reply With Quote
 
  #63 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received


it won't sleep forever...

3 days of snooze

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
 
  #64 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received


dario1 View Post
1750 is a nice number and looks so distant -
- but I guess we all used to big moves ($50-100) in gold by now.


pretty close....


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
 
  #65 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
 
  #66 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

BofA Sees Fed Assets Surpassing $5 Trillion By End Of 2014... Leading To $3350 Gold And $190 Crude | ZeroHedge


$3350 gold
$190 oil.

Yesterday, when we first presented our calculation of what the Fed's balance sheet would look like through the end of 2013, some were confused why we assumed that the Fed would continue monetizing the long-end beyond the end of 2012. Simple: in its statement, the FOMC said that "If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability." Therefore, the only question is by what point the labor market would have improved sufficiently to satisfy the Fed with its "improvement" (all else equal, which however - and here's looking at you inflation - will not be). Conservatively, we assumed that it would take at the lest until December 2014 for unemployment to cross the Fed's "all clear threshold." As it turns out we were optimistic. Bank of America's Priya Misra has just released an analysis which is identical to ours in all other respects, except for when the latest QE version would end. BofA's take: "We do not believe there will be “substantial” improvement in the labor market for the next 1.5-2 years and foresee the Fed buying Treasuries after the end of Operation Twist." What does this mean for total Fed purchases? Again, simple. Add $1 trillion to the Zero Hedge total of $4TRN. In other words, Bank of America just predicted at least 2 years and change of constant monetization, which would send the Fed's balance sheet to grand total of just over $5,000,000,000,000 as the Fed adds another $2.2 trillion MBS and Treasury notional to the current total of $2.8 trillion.... more @ the link

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
 
  #67 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

See now they are just playing with us... resistance (freedom) @ 1776

...symbolic

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
The following user says Thank You to websouth for this post:
 
  #68 (permalink)
Elite Member
New York, NY
 
Futures Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker/Data: Amp-Rithmic/TT, IB
Favorite Futures: CL, GC, NQ
 
Posts: 569 since Nov 2010
Thanks: 1,797 given, 249 received

Gold nearing potential breakout/breakdown area, quick annotation of weekly GC chart. Would love to get in to a swing position.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #69 (permalink)
Elite Member
Budapest, Hungary
 
Futures Experience: Advanced
Platform: Windows 95
Favorite Futures: GC, CL, 6E
 
Yuri57's Avatar
 
Posts: 278 since Feb 2013
Thanks: 71 given, 103 received

Gold is falling like a rock so I was waiting for the next opportunity to short it. Today resistance was at $1585 and a trend line slightly above. Price actually broke above this level but only by $2. I considered it as a fake breakout and went short (2 contracts). In the m15 chart (below is the H1) you could clearly see the 200 ema was holding the price. This is when I got break-even because there was a chance for it to reverse. As the support level dropped I added to my position 1 more contract and moved my average price to break-even. I knew I wouldn't be able to move my stop fast so I didn't. It was a good decision again as price action was a bit choppy. Later I could place my stop where it is now. If it gets me out, it's still an OK trade, if it falls more, it will make me good money.

Attached Thumbnails
XAU/USD  GC  Gold-gold-feb-22.gif  
Reply With Quote
 
  #70 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 4,128 since Feb 2012
Thanks: 3,780 given, 7,655 received
Forum Reputation: Legendary

Nobody nurishing this interesting instrument now?


Looks like gold might come down to 1100$ soon on this short leg...
according to a credit suisse analyst.
After the slide of this morning (1380 to 1287) some further downmove might be an obligation.
Reasons are Heli Ben's statements yesterday that gold no longer is
a security to the markets.
UBS analysts made the same comment.

GFIs1
source...(in german)
Goldpreis sackt ab - News Wirtschaft: Konjunktur - bazonline.ch

Reply With Quote

Reply



futures io > > > > XAU/USD GC Gold

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mini-gold vs. micro-gold vs. regular gold futures: any comments? anituchka Commodities Futures Trading 28 April 28th, 2017 11:47 PM
Tick data for GC contract tradersheldon The Elite Circle 1 June 27th, 2012 07:53 AM
GC and CL, no trading today? iPlayGames Traders Hideout 5 April 6th, 2012 09:03 AM
CL and GC daily charts joe11 Traders Hideout 6 January 15th, 2012 07:07 PM
Oil And Gold Excited As USD Leaks Lower Quick Summary News and Current Events 0 November 13th, 2011 08:10 PM


All times are GMT -4. The time now is 03:08 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-14 in 0.14 seconds with 20 queries on phoenix via your IP 54.145.16.43