Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

mohsinqureshii

Gold Bullish or Bearish

Recommended Posts

...

The short term trend is now UP

Time for a rethink.

 

bobc

:confused: :rofl:

what do PM's do around full moon?

( what I have read and what actually happens is different...;) )

Share this post


Link to post
Share on other sites
The Boston Strangler is going to get you zdo

 

Indeed - he will get me … :roll eyes: unless they quickly pass a ban on assault backpacks and close that garage sale loophole on pressure cookers…

 

One more time, bob b… what do PM’s do around the full moon ?

 

(2 people are spying on you) View Now

Share this post


Link to post
Share on other sites
Indeed - he will get me … :roll eyes: unless they quickly pass a ban on assault backpacks and close that garage sale loophole on pressure cookers…

 

One more time, bob b… what do PM’s do around the full moon ?

 

(2 people are spying on you) View Now

 

Hi zedo

PM's will trade sidewise or weaken around the full moon

bobc

Share this post


Link to post
Share on other sites

Jim Rogers, in Money morning :

 

"If it gets to $1,200, I hope that I'm smart enough to buy even more," he said. "If it gets to $1,100, I hope I'm smart enough to buy even more. Speak to the chartists ... the technicians ... and [look at] the retracements, or whatever they call them. A 50% retracement is not unusual. A 60% retracement is not unusual. You can do the same math that I can. You can figure out what a 40%, 50% or 60% retracement would mean for someone."

 

Here's his key point. With declines that steep - taking gold prices down to $1,150, $950 or $750 an ounce - a lot of would-be gold investors will literally throw in the towel, and will abandon gold. That's when negative sentiment will have been maximized, and gold will have bottomed.

 

"Until people start accepting reality instead of denying reality, we're not going to make the bottom," he said. "Until a lot of people just pack it in and throw gold out the window ... then gold will make a beautiful bottom and we can all participate in a multi-year bull market."

Share this post


Link to post
Share on other sites

"Until a lot of people just pack it in and throw gold out the window ... then gold will make a beautiful bottom and we can all participate in a multi-year bull market."

Or watch it flatline for a long while before a new bull market might start.

Share this post


Link to post
Share on other sites
Out of the trading range, yes. And if one had been paying attention to what price was doing on the 8th and 9th, he would have been short on the 10th, not looking for a 20pt upside on the 12th.

 

Since you asked. :)

 

Now, of course, we're holding in a previous trading range that formed some time ago, but that is of course of no interest here, so whatever happens will likely be a surprise to those who aren't prepared.

 

Hey DB, why did you go short on the 10th if price is holding support?

 

 

attachment.php?attachmentid=35862&stc=1&d=1366753867

5aa711dc281f9_10-4gold.png.224af5fdb68fca5658a234e75377042a.png

Share this post


Link to post
Share on other sites

All markets or just the metals, Bob?

 

 

 

Hi zdo

Tomorrow is Full Moon + a partial lunar eclipse + a big solar flare (condition red)

It usually takes a few days but Big trouble coming.

Expect markets to weaken.

regards

bobc

Share this post


Link to post
Share on other sites
All markets or just the metals, Bob?

 

Hi kuokom

I cant answer that with authority.I am still learning.

The basis of my study is we are wired to astronomical conditions.

The tides etc

The female is hardcore wired to the Lunar cycle .... 28 days.

The male is hardcore wired to ............??

Changes in external conditions cause excitability in us.

So a X flare from the Sun makes us do stupid things.

 

I think its all about the biggest force in the universe... magnetism.

How it works is the problem

 

My theory is that BIG markets with lots of participants ( S & P ) are affected more than a small market like Gold/ Silver.

You come from Luxemburg.

That indcates the DAX. Thats a Big market.

regards

bobc

Share this post


Link to post
Share on other sites

Woaw! Keep learning. I am sure you will still make good calls here.

Thanks in advance !

 

 

Hi kuokom

I cant answer that with authority.I am still learning.

The basis of my study is we are wired to astronomical conditions.

The tides etc

The female is hardcore wired to the Lunar cycle .... 28 days.

The male is hardcore wired to ............??

Changes in external conditions cause excitability in us.

So a X flare from the Sun makes us do stupid things.

 

I think its all about the biggest force in the universe... magnetism.

How it works is the problem

 

My theory is that BIG markets with lots of participants ( S & P ) are affected more than a small market like Gold/ Silver.

You come from Luxemburg.

That indcates the DAX. Thats a Big market.

regards

bobc

Share this post


Link to post
Share on other sites

Heres the best article I have read on the BIG FALL in Gold

bobc

My A/V blocked two attacks from that site which speaks loudly to me as to the validity of it.

 

Unless of course JPM is responsible for that too. :rofl:

Share this post


Link to post
Share on other sites

The short term Gold trend remains UP

Gold bumped 1440, 3 days ago and is back there, a small resistance.

A market moving up in a lunar red period is a sign of strength.

Heres an easy trade for me...

Buy the breakout above 1440 with a tight stop below 1440.

I might have to wait a few days

regards

bobc

Share this post


Link to post
Share on other sites
The short term Gold trend remains UP

Gold bumped 1440, 3 days ago and is back there, a small resistance.

A market moving up in a lunar red period is a sign of strength.

Heres an easy trade for me...

Buy the breakout above 1440 with a tight stop below 1440.

I might have to wait a few days

regards

bobc

 

Not sure if it'll go further..the demand for the Gold ETF is still weak and Goldman Sachs is now another investment banking firm sending out a bearish prospect of the metal in the near term...i hope Gold gets where its being predicted ($1200-$1260) so i can get some big long positions in it..

Share this post


Link to post
Share on other sites
Hey DB, why did you go short on the 10th if price is holding support?

Might have better luck getting a reply to your question than I did to my simple agree or disagree one over on his topic but he maybe unsubscribed here.

 

But I got one for you, isn't investing dot com a free charting service.

 

And if so, unless someone doesn't trade for a living (you might not??), why wouldn't they use something a little more ummm "less free"?

Share this post


Link to post
Share on other sites
Not sure if it'll go further..the demand for the Gold ETF is still weak and Goldman Sachs is now another investment banking firm sending out a bearish prospect of the metal in the near term...i hope Gold gets where its being predicted ($1200-$1260) so i can get some big long positions in it..

 

Hi Ammeo

How did you work out the above? My broker ,IG Markets, tells me 74% of their Gold clients are LONG.

I also hope it gets to 1200. Thats a BIG short sale.

BUT at the moment.....

Gold is now trading at 1476.

New stop at 1470. I am tempted to add another 5 contracts, but every time I do that the market retraces.

My target is now 1500 .Pure greed.

regards

bobc

Share this post


Link to post
Share on other sites
I doubled my gold position today ... anyone else use this dip as a buying opportunity?

 

MMS

 

MMS, Yes using this “dip” as a buying opportunity (and by dip I’m thinking you mean the downdraft that started back in early Oct 12)… but certainly I’m not doubling up.

I’m buying incrementally more PMs when SI goes below .67… so far only two fills – one at 23.67 and one at 22.67 for an avg price of around 23.10 SI (and equivalent AU).

For a lot of such campaigns, I scale in in a manner I’ve described elsewhere… shorting USDINR, etc. (somewhat similar to the process 1a2b3cp4pp has been describing - sans options, btw) but in this particular case, I’m using stops. … and in this particular case I’m using a tight stop at ~22.30… and may move it to b.e. as early as this coming Sun night.

If I get stopped out I will just start over with three loads at 21.67 and proceed from there…( and also be prepared to stop back incrementally in if it goes back up.)

 

ie i'm projecting high probs of lower prices

Share this post


Link to post
Share on other sites
Hi Ammeo

How did you work out the above? My broker ,IG Markets, tells me 74% of their Gold clients are LONG.

I also hope it gets to 1200. Thats a BIG short sale.

BUT at the moment.....

Gold is now trading at 1476.

New stop at 1470. I am tempted to add another 5 contracts, but every time I do that the market retraces.

My target is now 1500 .Pure greed.

regards

bobc

 

i just read some Articles on the web here and there and followed a few market commentators...

 

its never about how many retail traders are long in an asset at the moment, its more about supply and demand and Gold currently has a lesser demand at the big corporate firms and banks....+ what i said was a long term view (call it a couple of months or more) with no technicals involved..

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.