Hi my name is Nitsan
Trade about seven years
I will start to raise here deals I take
GOLD 1DAY short... AB=CD flag...
Trade about seven years
I will start to raise here deals I take
GOLD 1DAY short... AB=CD flag...
Trading Journal (only my take) 385 replies
Trading gold and silver only 59 replies
An idea for building wealth...using only gold 9 replies
GOLD traders only 90 replies
Disliked{quote} ..... So it seems that 1180 is one of the potential reversals in the monthly chart. And the price has given another chance to the bulls by retracing back most of the first impulse wave ... As a summary , there are bullish signals in GOLD...Ignored
DislikedHi my name is Nitsan Trade about seven years I will start to raise here deals I take GOLD 1DAY short... AB=CD flag... {image}Ignored
DislikedHi my name is Nitsan Trade about seven years I will start to raise here deals I take GOLD 1DAY short... AB=CD flag... {image}Ignored
Disliked{quote} I go fruit fasting once a week, these days its Mondays. I gave up eating poultry meat few months ago Eat Fish & eggs Eat only pure veg on 2 + 1 days in a week. =) PS: That video was enlightening.Ignored
Disliked{quote} 1) little inflation and need for hedge. Inflation is not likely to increase soon (more deflationary pressures). When it does, we will see interest rates higher.Ignored
Disliked{quote}2) current weather conditions aside...improving economies, especially UK and USA...and even EU to some extent.Ignored
Disliked{quote}3) QE trap. It has not been as effective as central bankers have thought, nor has it increased inflation. It will be ended, and we are even likely to see interest rate increases, despite the soft words of bankers.Ignored
Disliked{quote}4) other than emerging market shifts due to easy money being taken off the table, no pending EU crisis like we have had over last 5 years.Ignored
Disliked{quote}5) Seasonal. Chinese New Year is over. Indian buying season too.Ignored
Disliked@EatPips Was wondering about how you look at price action, is there a method you studied or do you use your own systemIgnored
Dislikedanton.ollf, I dont really expect to change your mind with this but here are my counters to your fundamentals. I have been watching gold since 2004 and the fundamentals that I have been watching have only gotten worse since 2008(or better for gold) {quote} inflation is much higher then fed says(still moderate though) just showing up in non cpi items, housing, stocks, EM, etc. meat and dairy is up double digits. high interest rates does not always mean lower gold prices, volker had to raise them over 15% for gold to crash in 1980 and i dont think...Ignored
DislikedI will add that fundamentals have little if any bearing if you are intraday tradingIgnored
DislikedGot severely brutalized in short positions. Some longs in Silver healed the wounds. Looking to go against "the crowd" again. Observing for the moment.Ignored
DislikedNew low for today made in the early London session. Let's see if it is going to hold or not. US session may create another new low. PA still bullish. 1316 is key level for me to hold on the upside at the moment.Ignored