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nice trade, what's your target?

I trade xau/usd and there's no problem with liquidity... the spreads do change though depending on the time of day so you have to be aware of that

I'd hold off on buying eur/usd til at least next month

gold does not cost 700 to produce that is just cheerleading

Although I'm long term bullish on fundamentals, I don't believe we'll see 870 again for at least a month. I'm incredibly bearish right now purely for technical reasons based on elliott wave principle which you can see over at my thread, "Gold's Action"...

not too late to move to the short side, still lots of room down to go imo

This last leg down that started today will give us the new bottom in gold. There is immense selling pressure and shorting gold as a swing trade for another $50 down is a low risk trade. We just broke out of a triangle and are in the middle of the Bernanke-bullshit-brigade saying they're going to...

einhorn is finkle

it fell becayse of an atom bomb

I'm also targeting about 920 for the relief rally then down we go to the eventual bottom.

all profitable traders use technical analysis

unfortunately doens't let you change S/L or T/P

that's awesome news

supply and demand is diverging, not converging... so your mid to long term scenario is impossible

saw the link was foxnews.com - no way i can click on it...

Cool... nah wont hold you to it... Just curious because I'm Canadian and wondering when to go down to Buffalo to buy shit :)

hey Ivan Curious to get your opinion on longer term outlook for usd/cad. 3mo? 6mo? 1yr? 5yr?

This is my <strike>official</strike> completely fucking off bold proclomation: Gold will be sub 600 by 4.1.2009 <strike>PaulRon</strike> surf

Ivan: What I meant to say is more akin to "a broken clock is right twice a day" - I agree with you Stock: I won't even respond to the nonsense you just passed off as economic theory.

To be honest i gotta congratulate stock trader for being bullish when everyone was bearish earlier in the year. Even though it was dumb luck he still got it. How long can his dumb luck last is another question... you still bullish stock? no need to answer