Grashid- Gold Analysis

Who said that ?

Don't do that man , There is people watching you everyday and learn from you . Don't let 1 pig let you down . You're better than that ..

please dont do that G.

http://www.forexfactory.com/showthread.php?t=275297

nope..i already plan it to retire from posting after i hit my USD5M in my acc, but since Noman,riko and some other asking me to post my view on gold, i just post my postion and sometime just share what i can...

people trying to make my reputation badly by doing a harsh blog, thread etc, but mm..who care...i am still i am...

so guys, enjoys

g

Whoops you were faster than me !

Ok let me explain about this to anyone. The purpose of why I´m writing this is becouse I don´t wanna see anybody scamed by this guy. I´m actually 5 year old trader, I maybe can not be profitable, but I´m not stupid.

I put in contact with so called "grashid", For a long time I´ve been looking for some mentoring at forex in order to improve my trading. So put in contact with him and got this answer by P.M.

"""I was in Puorto Santa Maria in late 2010 before, then move back to KL after some choas at Barcelona Airport then. I was having a lot investor there who interested to let me managed some money. It was more than 1.1M euros during that time and able to consistantly profit at 8-21% a month. But due to something I decided to left and move back to KL...somethime is not a money.

So back to yours, just register activtrade as per banner in my blog, asking for 1:400 leverage, interbank account, and 0.01 minimal lot size, then feel free to let me know once you are ready. No problem I am done in my 2012 trade already and now i am really free. Just waiting either to trade in my 2nd acc as a bonus or having some trip in australia. But if you are serious, no problemos, i am willing to share out all those idea provided you use activtrade. this broker is great as no slippage. Most of broker, the slippage is worst. That is the reason why i left FxPro as the slippage is really damm bloody worst."""

During all this time he have not teach anything. His only purpose was to open an account with Activetrades. You know guys how much this broker pays to their "Introducing brokers"for opening an account with them ? 50EUR yes you hear well.

As I told before I can be some fustrated about forex but no stupid. So what I did I just open an account with Activetrades (put no money in there, of course). Then I just put in contact with this guy. This is my conversation :
----------------------------------------------------------------------------------------------------------------------------------------------------
Hi Grashid, I´ve just received confirmation my account is open
[5:52:33 PM] GRASHID dice:ha
[5:52:44 PM] GRASHID dice:i havent recieve anythings?
[5:52:59 PM] GRASHID dice::O
[5:54:05 PM] jon dice:by the time you told me about to use your banner Maria already did so I could not make it through your web
[5:54:47 PM] GRASHID dice:its not acceptable mate
[5:54:59 PM] GRASHID dice:who is maria?
[5:55:23 PM] jon dice:maria is the contact for active trades at spain
[5:55:34 PM] jon dice:you are IB ?
[5:55:38 PM] GRASHID dice:what is ur acc number
[5:55:43 PM] GRASHID dice:i'll check it out
[5:55:51 PM] GRASHID dice:yup
[5:55:54 PM] GRASHID dice:i am an IB
[5:55:58 PM] jon dice:106047
[5:56:58 PM] jon dice:well I did not know you had money interesy in this man
[5:57:51 PM] GRASHID dice:the purpose of i become an IB is for me to monitor the prformance of my student
----------------------------------------------------------------------------------------------------------------------------------------------------
performance of my student ? Well this maybe just a joke don´t you think.

I´m a poor but an honest man, and it´s my obligation to put this facts in hands of the comunity. I just hope that members with this dark intentions are banned for life from this forums.

Oh I forgot, as i was really watching this intentions I did some research on the web about "GRASHID" look what I found for 2011. Just check it !

http://www.google.es/imgres?imgurl=h...%3Disch&itbs=1

[quote=jonimemonic;5734552]Whoops you were faster than me !


Anyway gr8 job mate with just a day meet up..keep it up

Scammer !

..enjoy ur trade mate

5650..last post for my old friend.....cheers

g

1630 short tonight?

will see

[quote=jonimemonic;5734552]Whoops you were faster than me !

thank you for your help so far bro..
keep up

w o w ......

Wow indeed!!!!!!

grashid will miss ya

Gold: May 26 review (Intraday and STBT strategy)

Fundamental review:

Gold prices was quoting $1736.50 range, up +0.03% or +$1 at morning Asian hours.

All Asian indexes were traded positive today due to given sign of re-opening of Global economy. MSCI broader index was traded positive +1.4% today.

Traders will also keep an eye for this Friday's Fed Chairperson Powell's remarks.

Chinese Central banks will provide more monetary stimulus packages and continue to push to lower interest rates which affect boost for their economy.

Expectations of precious metals like Gold and Silver, will keep down trend in next few sessions due to some hopes of positive signals for Covid-19 vaccines.

An American Vaccine development company, Novarax's face - 2 trail will take place in several developed countries.

Technical review:

Gold prices traded $1666.20-$1788.80 range in last six weeks.

The next area of attention is below $1720.40(20days SMA). below this level, near term S2 $1715.30(last week's low) but major support level is $1692.10(15 days low).

On the opposite directions, if Gold prices traded above $1742.00(last Friday's High), we will expect more $7-10 rise, but near term R1 $1775.80(last week high) and major resistance level $1788.80(Lifetime high).

According to me, for intraday and STBT point of view, more than -2% to 3.5% down trend in Gold and Silver this week.

Before European markets open, trade max lot size and make sell positions in Hedge funds.

Intraday and weekly strategy for Gold is given below:

Entry point - $1736.50 - $1739.90

And keep R1 $1757.60

And wait S1 $1720.40
And wait S2 $1715.30
And wait S3 $1692.10

Near term range (weekly TGT) in Gold - below $1700 June contract.

-2% IN GOLD……..AND -3% SILVER DOWN TODAY—-SEE TODAY'S SELL CALL ON FEW HOURS AGO……

S1+S2 IN GOLD…….AND S1+S2 IN SILVER……TGT HITTED AGAIN TODAY ALSO—SEE TODAY'S SELL CALL…..

See..…GOLD…..made a [email protected] range again today also.....against [email protected] range again today also on few hours ago......see today's short call 1st....

What next???

Wait S1 $1666.20(Major Support level)
OR
Again R1 $1788.80(Major Resistance level)….GOLD....THIS WEEK....

See…SILVER….made a [email protected] range again today also…….against [email protected] range again today also on few hours ago.......see today's short call 1st......what next???

S1 $17.000
R1 $18.040…..SILVER…..THIS WEEK.....

NO FREE TRIAL/STRATEGY(THIS WEEK)

-2.5% IN GOLD……..AND -3.5% SILVER DOWN........IN 2 DAYS---SEE YESTERDAY'S(STBT) SELL CALL ON FEW HOURS AGO……

S1+S2+S3(ALMOST) IN GOLD…….AND S1+S2 IN SILVER……TGT HITTED AGAIN TODAY ALSO---SEE YESTERDAY'S(STBT) SELL CALL…..

See..…GOLD…..made a [email protected] range again today also.....against [email protected] range yesterday on few hours ago......see yesterday's short call 1st....what next???

S1 $1666.20
R1 $1739.90......GOLD......TODAY/THIS WEEK.....

See…SILVER….made a [email protected] range again today also…….against [email protected] range yesterday on few hours ago.......see yesterday's short call 1st......what next???

S1 $17.000
R1 $18.040…..SILVER…..TODAY/THIS WEEK.....

NO FREE TRIAL/STRATEGY(THIS WEEK)

Gold: May 28 review (-1.5% IN GOLD AND -2.5% IN SILVER DOWN TODAY/STBT)

Fundamental Review:

Gold market was crashed more than $50 or -3.5% down and made a $1684.20 range yesterday before US open.

All profits washed out in Gold and Silver after yesterday's secretary of state Mike Pompeo's comments regarding HongKong political uncertainty.

Tensions between world's two largest economy US and China, have been continued.

By 1630 IST, Gold futures June contract traded $1725.50 range, up +0.85%.

All Asian, European and Dow 30 futures, traded positive today.

Expectations of profit booking in hedge funds like Gold and Silver will come very soon.

On the other side US Dollar and Gold prices traded opposite directions at this type of situations.

Technical Review:

According to point of view, Gold prices traded $1725.50 range. above this level you will see $4-6 up trend and near term R1 $1742.00(Last Friday's high) but for long term major resistance level same as all time high $1788.80.

On the opposite directions, For intraday point of view, near term S1 $1705.00(today's low) and if break this level, you will see $1684.20(two week low). and Gold prices break this level in this week, will see more than 2-3% sharp falls.

For Intraday and STBT strategy for Gold is given below:

Entry Level - $1725.50 - $1728.50 range

And keep R1 $1742.00

And wait S1 $1705.00

And wait S2 $1700.00

And wait S3 $1684.20.

Weekly review: down trend in Gold.

-1% IN GOLD……..AND -1.5% SILVER.......DOWN AGAIN TODAY ALSO IN FEW HOURS---SEE TODAY'S SHORT CALL ON FEW HOURS AGO……

See..…GOLD…..made a [email protected] range again today also.....against [email protected] range again today also on few hours ago......see today's short call 1st....what next???

S1 $1766.20
R1 $1742.00......GOLD......TODAY/THIS WEEK.....

See…SILVER….made a [email protected] range again today also…….against [email protected] range again today also on few hours ago........see today's short call 1st.....what next???

S1 $17.250
R1 $18.500…..SILVER…..TODAY/THIS WEEK.....

NO FREE TRIAL/STRATEGY(THIS WEEK)

Gold: June 01 review

Fundamental Strategy:

Gold and Silver prices increased more than 3% and 9% respectively in last four trading sessions.

Industrial metals like Silver prices increased more than 62% in last three months, while the prices was traded @11.680 range in mid March.

Gold and Silver prices ratio made a three month [email protected] range today against made a high @126.56 range in mid march.

Gold prices traded $1789.00-$1668.40 range in last two months.

In the last week, Fed chairperson Powell's comments regarding monetary policy and keep steady to near term zero fed fund rate decisions.

Quantitative easing (QE) is a monetary policy whereby a central bank buys government bonds or other financial assets in order to inject money into the economy to expand economic activities.

From 2008 to 2014, we have been seen QE1, QE2 and QE3 stages, as we called easily as a "Fed bond buying program"?

Does QE4 stage will start soon?

If QE4 program will start in near futures, we will expect all profits washed out(last 3 months) in Gold and Silver.

Long term investors will keep an eye on second week of May to decide Fed fund rate decisions.

Investors also feared for US-China trade deal and how to US treated with Hong Kong in near future? But US president Donald Trump began the process of ending treatment with Hong Kong and later the some relief the process of trade deal between world's two largest economies.

Then, all Asian Indexes futures traded more than +2% to 3% positive today.

Gold and US Dollar prices traded opposite directions at this type of uncertainty.

Technical Strategy:

Gold futures, newly August contract traded $1760.00 range, up +0.51% at early European hours.

For trading point of view, above $1760.00 range, you will see $4-6 up trend but keep max R1 $1789.00 range(Max Resistance Level). If price break this level, next TGT above $1800+.

On the opposite directions, intraday point of view, near term S1 $1725.30 (Last Friday's low), if break this level, you will see S2 $1701.60 (Last week low) but major Support level $1668.40(21st April's low).

Expectation of major profit booking in Hedge funds in this week. more than -2% and -3.5% respectively down in Gold and Silver in this week.

Before European markets open, make short positions in Gold.

For intraday and STBT strategy for Gold is given below:

Entry point - $1760.00 - $1764.90 range

and keep R1 $1789.00

and wait S1 $1725.30(Friday's low)

and wait S2 $1701.60(Last week's low)

TGT1 HITTED AGAIN TODAY ALSO…….IN GOLD……AND IN SILVER…..

-1.5% IN GOLD……..AND -3.5% SILVER DOWN…….. AGAIN TODAY ALSO IN NEXT FEW HOURS—SEE TODAY’S SELL CALL ON FEW HOURS AGO……

See..…GOLD…..made a [email protected] range again today also…..against [email protected] range today on few hours ago……see today’s short call 1st….what next???

S1 $1700.00
R1 $1789.00……GOLD…..

See…SILVER….made a [email protected] range again today also…….against [email protected] range again today on few hours ago…….see today’s short call 1st……what next???

S1 $17.790
R1 $18.940…..SILVER…..

NO FREE TRIAL/STRATEGY(THIS WEEK)