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"AUSSI" my thread and anything I want to put here

  • #4,581
  • Mar 6, 2020 3:07pm Mar 6, 2020 3:07pm
Quoting digger1
And now the losers are gone ,, and their replacements will closed by eod ,, and they were covered before they closed out ,, again. Dont ever fucking tell me ,,levels and a few simple price patterns is not the way trading is done ,, it is exactly how its done ,, aint easy but if a damn farmer can do it ,,so can most if they roll their sleeves up {image}
almost a million in a day .... my head is spinning you are an true inspiration for us.
  • #4,582
  • Mar 6, 2020 3:52pm Mar 6, 2020 3:52pm
Quoting liton-
{quote} almost a million in a day .... my head is spinning you are an true inspiration for us.
Believe me ,, lot of ugly days getting to this point ,, I never quit swinging ,, I just learned to not just swing but swing and connect a little better ,, then take some profit and on too the next one ,, has been a extremely good week ,,, be trimmed a bit as there will be a withdrawal lol then Ill work on building er up again ,, ,,couldnt help it ,, finnishing up some paper work ,, the opportunity was there,, I took it ,Ill get payed one more time this week,, sellers did say checkmate ,, but they didnt get er past tht support level this time ,, buyers did get er thru tht weekly high ,, they are definitely not going quietly into the night ,, ,, cheers bud ,, and all have a great week end,, the projection for the inverted head and shoulder pattern with the neckline being tht weekly high pattern ,, it may not be done a climbing yet ,, the chess match will rage on
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  • #4,583
  • Mar 6, 2020 4:10pm Mar 6, 2020 4:10pm
Quoting digger1
Pissed because he got busted ,, he knows better ,, it is the rule ,,, but as said he cut a deal lol,, ( pissed because he can trade from his phone too and I cant lol)
I kept my long on eurusd running for the weekend. I was about to close it before the market ends but I remember what you said... when It's rolling, roll with it. So I kept it. Still a good distance from nearest resistance level. Will it hold? Or will it fold? It doesn't matter... where ever they go, we follow.
Only an idiot knows with certainty to where the market is going.
  • #4,584
  • Mar 6, 2020 6:19pm Mar 6, 2020 6:19pm
Quoting digger1
My trading has come to a conclusion for the open ,, ,,, fcking phones ,,, nap time traders,,day will start early ,, cheers {image}
Crazy stuff! But that last one especially.... $10K per pip, right? You are a madman.
  • #4,585
  • Mar 7, 2020 12:26am Mar 7, 2020 12:26am
Left my gold longs on this time over weekend also added in the last hour
Have a great weekend everyone.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #4,586
  • Edited 4:40am Mar 7, 2020 2:00am | Edited 4:40am
Quoting digger1
Might be hard pressed to take tht out today ,, but the tail getting filled is a possibility ,,, stys below Wr1 would think the tail would be filled in ,, gets back above all bets off lol {image}
Range between 1650 Supp to 1690 Res
H1 has some divergence and momentum is weaker.
1674 close was right at my 1H support. will see how it consolidates.

may look like 3/4 march consolidation -

Daily doesn't look that good with "double top" support near 1630 but recent resistance at 1650 acted like support on yesterday fall
it's clear there are sellers here.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #4,587
  • Mar 7, 2020 4:37am Mar 7, 2020 4:37am
excellent work digger1...
after my journey i will more focus on gold...

watching you

regards and great weekend!!
  • #4,588
  • Mar 7, 2020 10:35am Mar 7, 2020 10:35am
As in last week end ,, havent looked at these all week ,,, till my gold chart quit moving ,, Daily chart not much different than what was posted last weekend ,, short on time anyway ya all can look back ,,,,, grand scheme of things as aussi says ,, just another chart ,, and no truer words said,, ever ,,, same shit different day different week different month ,different instrument traded ,,same ole shit ,,whats it below whats it above and what pieces do I have and where is the next level ,, ,,smelled a shekel ,, got a shekel ,, cheers all enjoy the weekend
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  • #4,589
  • Mar 8, 2020 3:00am Mar 8, 2020 3:00am
We could see some gap up with all the new developments on oil and corona
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #4,590
  • Mar 8, 2020 3:38am Mar 8, 2020 3:38am
Havent looked at oil lately ,, do know russia pretty much said fck you too a decrease in production ,, oil is balck gold lol,, dont work quite the same tho ,, gold ,, yea ,, could be a nice gap up ,, but friday it did close as a bit of a wash ,, only slightly above its open Friday ,,, find out later ,, opening bell a ticking closer
  • #4,591
  • Mar 8, 2020 4:15am Mar 8, 2020 4:15am
Long shit hasent changed much lol ,,, completely different paths ,,, ,,whats it below ,, whats it above ,,, yada yada ,,chore time traders,, have a great day ,,night what ever it is for ya cheers
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  • #4,592
  • Mar 8, 2020 4:21am Mar 8, 2020 4:21am
I am referring to this - and it will hit

1 - Companies on lower margins and on debt
2 - Credit markets were hit Friday it will continue on this. especially on energy market companies since a lot of them have big debts
3 - Corona hitting Italy 1/6 country is locked
4 - Corona developments in USA.

coming with more information

and of course imho Gold is the fear/panic trade
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #4,593
  • Mar 8, 2020 4:26am Mar 8, 2020 4:26am
Quoting DMA Trader
I am referring to this - and it will hit 1 - Companies on lower margins and ok debt 2 - Credit markets were hit Friday it will continue on this. especially on energy market companies since a lot of them have big debts 3 - Corona hitting Italy 1/6 country is locked 4 - Corona developments in USA. coming with more information and of course imho Gold is the fear/panic trade
Saudi Aramco shares dropped below their IPO level for the first time after #oil collapsed and the energy giant kicked off a price war. The slump dealt at least a temporary blow to the showpiece of the Saudi oil-industry three months after it completed a record share sale.

Aramco has made the largest month-on-month cut for Arab Light in at least 20 years: a hefty $8 to -$10.25 a barrel

imho this will just increase the fear trade gold

Also Kuwait suspends trading in premarket -10% @Bloomberg
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #4,594
  • Mar 8, 2020 4:38am Mar 8, 2020 4:38am
Ya dont suppose the folk tht kept selling a big big big long term res point seen all tht coming ,, or the folks tht bought gold at a long long term support level seen all the shit tht has happened coming ,,, nope they sold res or bought support for the long haul ,,,, news is just fuel nothing more ,,, the mkts are gonna do what the mkts always do ,,its just the way it is above some shit one buys ,, below some shit one sells
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  • #4,595
  • Mar 8, 2020 4:44am Mar 8, 2020 4:44am
Quoting digger1
Ya dont suppose the folk tht kept selling a big big big long term res point seen all tht coming ,, or the folks tht bought gold at a long long term support level seen all the shit tht has happened coming ,,, nope they sold res or bought support for the long haul ,,,, news is just fuel nothing more ,,, the mkts are gonna do what the mkts always do ,,its just the way it is above some shit one buys ,, below some shit one sells {image}
not sure. sometimes on events like this it's the other players that are involved. tell me what happens now with energy sector if you got this event from Arabia
I'm screening this sector to find long term investment. a lot of them are so much in debt they will probably cut Dividends. (i.e Exxon 7%) bringing the index down than SPX down and gold up. if my understanding is correct in a few hours we are trading above 1700

also Credit market got hit big Friday. this move will just go full panic mode. imho

the seller can sell his position above - he will get more money.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #4,596
  • Mar 8, 2020 5:09am Mar 8, 2020 5:09am
Quoting DMA Trader
{quote} not sure. sometimes on events like this it's the other players that are involved. tell me what happens now with energy sector if you got this event from Arabia I'm screening this sector to find long term investment. a lot of them are so much in debt they will probably cut Dividends. (i.e Exxon 7%) bringing the index down than SPX down and gold up. if my understanding is correct in a few hours we are trading above 1700 also Credit market got hit big Friday. this move will just go full panic mode. imho the seller can sell his position above...
Lol,, worrying bout shit I never worry about ,quit tht a long long long time ago , Ill see what asia does and from where ,, then london ,, then the usa ,, I will find a spot to make a shekel ,, CASH ,, thts my only worry ,,, beyond tht dont much give a shit ,, wouldnt matter if I did,,, it changes nothing,,
  • #4,597
  • Mar 8, 2020 5:28am Mar 8, 2020 5:28am
Quoting DMA Trader
{quote} happy to see i have some gold back lol
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #4,598
  • Mar 8, 2020 5:28am Mar 8, 2020 5:28am
Quoting digger1
{quote} Lol,, worrying bout shit I never worry about ,quit tht a long long long time ago , Ill see what asia does and from where ,, then london ,, then the usa ,, I will find a spot to make a shekel ,, CASH ,, thts my only worry ,,, beyond tht dont much give a shit ,, wouldnt matter if I did,,, it changes nothing,,
Shekels
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #4,599
  • Mar 8, 2020 5:45am Mar 8, 2020 5:45am
Quoting DMA Trader
{quote} Shekels
I do like your quote there ,, used to have similar ,, as the post says tho ,, they changed ,,shekels is the goal and only goal ,, ,,cheers folks
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  • #4,600
  • Mar 8, 2020 5:52am Mar 8, 2020 5:52am
Quoting digger1
{quote} I do like your quote there ,, used to have similar ,, as the post says tho ,, they changed ,,shekels is the goal and only goal ,, ,,cheers folks {image}
For me it's working
I am also involved in business. and on markets from 2001

there is huge opportunity to make money in markets or in business.

As life goes by and make money if you were not properly educated to have money. you begin to feel clever, you feel like everything you touch goes into gold.
you expand and you expand and sometimes you keep business that are loosing money but hey - I'm good, i will turn them into profits.
Same thing with position. Hey my account is big i can sustain some drowdowns or keep some loosing investments/trade. because I am good at this and I am smart right ?

I find the ability of closing bad trades and bad business one of the most important ability. and I was very bad at this because, I'm smart, I made money, proud,
But a good thing is Market sometimes humble you to the point where you wil become smart.

So for me. I hate seeing loss. the smaller the better. business or investing
Making money is not that hard. Keeping them is harder
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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