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  • #1,481
  • Oct 30, 2013 8:00am Oct 30, 2013 8:00am
Quoting Kah
Well - those who aren't getting the point, let me remind them of the Bernanke philosophy he always emphasized on the Unemployment Rate and guys, let go back onto the economic calendar and check the Unemployment Rate and recall the one which Bernanke mentioned...good to see gold going where it is destined for...let's be a bit fundamental and forget the technicals for a while
Even IF you are correct, it wouldn't result in a drop to 1150 in a single day. You MIGHT see 1300 if that.

If you care so much about fundamentals, I suggest you read up on how much the taper might be when it happens. They're talking about a reduction of the monthly Fed purchases from $85b to $70b. It's pretty clear that this won't result in a single day drop of 2k pips even IF they announce it today.

They also won't risk doing that going into December with its renewed budget discussions. After all, the Tea Party lunatics might go apeshit again and shut down the entire government once more. NOT good fundamentals for a "taper now" bias.
  • #1,482
  • Oct 30, 2013 8:03am Oct 30, 2013 8:03am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts

I think a lot of my fellow traders must go to the bloomberg library and watch the June 18th Press Conference...and yes my friend who mentioned that Gold cannot fall 200+ in a day. May be he is forgetting the 18th and 19th...when it actually fell more than 200+ point within 24 hours. Might want to see the chart of that day...

  • #1,483
  • Oct 30, 2013 8:05am Oct 30, 2013 8:05am
Quoting Kah
I think a lot of my fellow traders must go to the bloomberg library and watch the June 18th Press Conference...and yes my friend who mentioned that Gold cannot fall 200+ in a day. May be he is forgetting the 18th and 19th...when it actually fell more than 200+ point within 24 hours. Might want to see the chart of that day...
Different circumstances! Even IF they announce a taper, they won't start with a drastic version that would warrant such a move.
  • #1,484
  • Oct 30, 2013 8:07am Oct 30, 2013 8:07am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts
Will meet you guys after the release...would love to make a point then...
  • #1,485
  • Oct 30, 2013 8:08am Oct 30, 2013 8:08am
Quoting Kah
Will meet you guys after the release...would love to make a point then...
Just quoting this for later
  • #1,486
  • Oct 30, 2013 8:11am Oct 30, 2013 8:11am
This is just a game to capture gold from small investro gold will touch 1380 by this week
  • #1,487
  • Oct 30, 2013 8:42am Oct 30, 2013 8:42am
Quoting 4exNinja
For lunar/planetary cycles to have any predictive value on price, there must be some sort of correlation. The same goes for astrology. Guess what...there is none, it's all subjective. Complete...and utter...nonsense.
I solely rely on Lunar Cycles & ancient Indian Festivals, I wonder what you have to say about my positions? I can't share my research for free in an open Forum.

I've made tens of thousands of pips, ever made that kind of booty? I wonder what you got to show / share?


On other note, I'm feeling bad as its not coming down, I still wish it comes down so that I could buy more.
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  • #1,488
  • Oct 30, 2013 9:02am Oct 30, 2013 9:02am
Quoting ClockTrader
{quote} I solely rely on Lunar Cycles & ancient Indian Festivals, I wonder what you have to say about my positions? I can't share my research for free in an open Forum. I've made tens of thousands of pips, ever made that kind of booty? I wonder what you got to show / share? On other note, I'm feeling bad as its not coming down, I still wish it comes down so that I could buy more. {image}
For how long have you back and forward tested this? Just because it fits for a year or five doesn't mean it's valid strategy.

Tell me, how exactly do the planets influence price? Because if you can't answer that, you're no better than the fools who believe in astrology (one of the world's biggest hoaxes).

The only reason why it might (!!) work is if a TON of traders applied it the same way...but I doubt any of the big guys waste time thinking about moon cycles. They use fibs, trend lines, and other stuff...which is why fibs and so on work.
  • #1,489
  • Oct 30, 2013 9:03am Oct 30, 2013 9:03am
Quoting Kah
Will meet you guys after the release...would love to make a point then...
Is gold at 1150 yet?

When will it start dropping 2500 pips later today?
  • #1,490
  • Oct 30, 2013 9:06am Oct 30, 2013 9:06am
Quoting 4exNinja
{quote} For how long have you back and forward tested this? Just because it fits for a year or five doesn't mean it's valid strategy. Tell me, how exactly do the planets influence price? Because if you can't answer that, you're no better than the fools who believe in astrology (one of the world's biggest hoaxes). The only reason why it might (!!) work is if a TON of traders applied it the same way...but I doubt any of the big guys waste time thinking about moon cycles. They use fibs, trend lines, and other stuff...which is why fibs and so on work....
Its been well tested for about 5K years if I go by Hindu scriptures & if you say another BAD word about our science, I'll have no option but to BLOCK you from here.

Don't spit crap about something you have no idea about.
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  • #1,491
  • Oct 30, 2013 9:12am Oct 30, 2013 9:12am
Quoting ClockTrader
{quote} Its been well tested for about 5K years if I go by Hindu scriptures & if you say another BAD word about our science, I'll have no option but to BLOCK you from here. Don't spit crap about something you have no idea about.
Astrology isn't "science"!! Also, I'm not mocking it. I'm merely stating that it isn't a science...because that's a FACT. Just like a fortune cookie isn't "scientific".

Inserted Video


And no, it's hasn't worked for 5k years. Pointing out when it "fits" and ignoring all the times it doesn't isn't a good way of "proving" it's a valid theory.
  • #1,492
  • Oct 30, 2013 9:58am Oct 30, 2013 9:58am
Quoting 4exNinja
{quote} Astrology isn't \"science\"!! Also, I'm not mocking it. I'm merely stating that it isn't a science...because that's a FACT. Just like a fortune cookie isn't \"scientific\". http://www.youtube.com/watch?v=Tsqlyj3OR9A And no, it's hasn't worked for 5k years. Pointing out when it \"fits\" and ignoring all the times it doesn't isn't a good way of \"proving\" it's a valid theory.
Let me cite example of Maya Civilization, thousands of years back they predicted all planets would align on certain date, I don't wanna dig what they said or what they meant right now, but, how the heck anybody back then could predict with such precision?

That's pure Physics we are talking & how the heck could they see celestial bodies with bare eyes? OR ohh yea, maybe they used Google Maps?

No no no, there was a Hubble telescope at that time too,

Goshhhh, just joking, their eyes were unique, they could see light years away

My Good, now this is total BS, heck, I've lost it

Can you advise something please?


If you can, I got few dozen more such questions, prove me wrong in a logical & scientific manner. Trust me, you don't believe Science & Maths more than me.

In the meanwhile, try to see what I could foresee like 5 months back, this chart is a REPOST from Page 15 of this thread. Its about seasons where arrow up is June (Buy) and arrow down is Sell in Jan. If you had read this whole thread you won't be having this debate with me. What has your science got to say about seasons?
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  • #1,493
  • Oct 30, 2013 10:27am Oct 30, 2013 10:27am
Quoting ClockTrader
{quote} Let me cite example of Maya Civilization... {image}
First of all, in regards to your chart: You do realise that pretty much every single one of your shorts is a loser until very recently? Also, the sample size is tiny!! Either way, if you had blindly bought and sold according to those arrows you would have at best broken even.

But other than that, in respect to astrology and the Mayans...

Planets align in relation to what? Earth? That happens in regular intervals (in relation to earth it happens every November for example) and is easily observed even without telescopes...which is why the ancient Greeks for example knew all that before the Mayans.

Quote
I don't wanna dig what they said or what they meant right now

I totally understand that...if you did, you'd realise how much they got wrong. FYI, they believed the earth floats on the back of a crocodile floating in a lily pond suspended by columns!!! Guess what...that's NOT the case!

Also, it's been scientifically proven that astrology is complete and utter superstitious nonsense. I doubt you can accept that fact, but in case you simply didn't know and are willing to accept reality, here's a long scientific article about it (from an astronomer btw!): LINK

Now, the only reason why it might work (inconsistently) is because astrology is often linked to seasonality. We all know there are certain seasonal trends that are true for several years in a row. But again, trends change and historic results aren't a guarantee for future outcomes. Just because a trend might be true for 5yrs in a row doesn't mean in year 6-10 it'll still be the case.

Either way, in those cases it only works because astrology is based on seasons...not because astrology is magical or somehow guided by larger forces.

And again, using the very chart you posted it's clear that you'll lose if you blindly (read: consistently!!) follow those rules.

Like I said, astrology is a complete and utter hoax and NOT scientific. In fact, it's the exact opposite of science. It's more comparable to religion (which also isn't scientific).
  • #1,494
  • Oct 30, 2013 10:53am Oct 30, 2013 10:53am
Quoting 4exNinja
{quote} First of all, in regards to your chart: You do realise that pretty much every single one of your shorts is a loser until very recently? Also, the sample size is tiny!! Either way, if you had blindly bought and sold according to those arrows you would have at best broken even. But other than that, in respect to astrology and the Mayans... Planets align in relation to what? Earth? That happens in regular intervals (in relation to earth it happens every November for example) and is easily observed even without telescopes...which is why the...
Break Even if bought in June & sold in Jan? You kidding me? Did you even look at the chart? That's history of last decade & I'm sure we need a 3rd person, you are reading it totally wrong.

Billions of pips, if not trillions would just Break even? Have you even imagined how much billions of pips would mean?

As for losing shorts, I only tried to hedge my longs & lost some profit, now does that matter?

Now lets talking about Lunar cycles, check the below article, its scientific proof how Moon effects our mind, don't just go by title, read word by word:

http://science.time.com/2013/07/25/h...th-your-sleep/

You still don't believe SCience or do you, ok, read the below one:

http://www.livescience.com/7899-moon...r-effects.html

THESE ARE 100% SCIENCE BASED ARTICLES

I CAN QUOTE DOZEN MORE SCIENCE BASED ARTICLES, 100% PURE SCIENCE.


OK, I got that ancient people could see the planets with bare eyes & thus they calculated precise speed of these planets & all the astronomy with all the little tools they had? Now how come modern Science accepts the effects of Moon on our minds & not you?

As for "crocodile floating in a lily pond" I understand there are myths & certainly not based on Science & that's why we don't follow them blindly, similar myths exist in all ancient cultures, in India too, well, the culture in these countries is too old, like 5K years, actually this is where life evolved after Africa/Asia which was tens of thousands of years.

PLEASE READ first post of this thread & be informed that every single Ancient Indian Festival is based on Lunar Cycles & seasons & that's what I'm following. I also know that people like you won't believe me until I become uber rich, I know all this, but when I paparazzi are chasing me wild, I'll have this thread to share with them & tell them, see I was telling all this for free in an open forum for so many years, but, nobody listened, at least not people like you.

Last but, not the least, my family itself has been studying Gold trends for the last 100+ years & the seasons do work & will continue to work & this thread will keep running to prove the point. Its not a 5 or 10 year old trend or story.
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  • #1,495
  • Oct 30, 2013 11:04am Oct 30, 2013 11:04am
I am the one who believes in setting examples & people from my town do know how I do that, next is the turn of the remainder World, only matter of time.

Late night here, I'd like to hit bed now, will catch you all tomorrow.
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  • #1,496
  • Edited 11:46am Oct 30, 2013 11:13am | Edited 11:46am
100% pure science...yet you seem to totally ignore large parts of the very article you link to.

From the moon article:

Quote
“Thea posteriorianalysis is a strength and a weakness,” concedes lead author Christian Cajochen, head of the University of Basel’s Centre for Chronobiology, in an e-mail to TIME. “The strength is that investigators and subject expectations are not likely to influence the results, yet the weakness is that each subject was not...And then there are the anecdotal accounts of the effects the moon has on sleep
Do you realise why claiming astrology is science is LAUGHABLE based on this article? First of all, they don't say anything about astrology. Secondly, while they say that anecdotal evidence suggests it might have an influence on sleep, they also admit that nothing they've done could be considered proof. They also admit that they can't explain it and that the experiment is flawed.

All the above makes it clear that your claims are simply waaaaaaaaaaaaaay over the top. You simply cherry pick the sections you like, but ignore the massive flaws that are point out. This is essentially what astrology does, it cherry picks results when "it fits" and ignores them when they don't.

I take it you didn't even fully read the second article you linked because it states the EXACT OPPOSITE of what you claim. Here's the key quote from the article:

Quote
In fact a host of studies over the years have aimed at teasing out any statistical connection between the moon — particularly the full moon— and human biology or behavior. The majority of sound studies find no connection, while some have proved inconclusive, and many that purported to reveal connections turned out to involve flawed methods or have never been reproduced.Several researchers point out one likely answer: When strange things happen at full moon, people notice the \"coincidental\" big bright orb in the sky and wonder. When strange things happen during the rest of the month, well, they're just considered strange, and people don't tie them to celestial events.

As for your other claims:

Quote
OK, I got that ancient people could see the planets with bare eyes & thus they calculated precise speed of these planets & all the astronomy with all the little tools they had? Now how come modern Science accepts the effects of Moon on our minds & not you?
They didn't precisely calculate the speed of those planets. They got close, but that's all within expected technological capabilities they had back then. And again, they believed the world to float on the back of a giant crocodile...so please, spare me with the "they knew more than us" crap.

Also, as the very article you linked to proves, there is NO LINK and results are at best inconclusive...most of them simply show no connection at all.

Don't believe me? Read the very article YOU posted!

But yes, seasonality has an effect...but that's not because astrology is somehow magical, it's because humans based their superstition around seasonality

Lastly: The MAJORITY of trading is done through automated programs. Now, even IF (and there is no proof of that) the moon and planetary cycles impact humans trading, it still wouldn't impact those computers. The correlation simply isn't there, let alone a causation.
  • #1,497
  • Oct 30, 2013 1:05pm Oct 30, 2013 1:05pm
Quoting Kah
Will meet you guys after the release...would love to make a point then...
Gold at 1150 yet?
  • #1,498
  • Oct 30, 2013 10:50pm Oct 30, 2013 10:50pm
Quoting 4exNinja
100% pure science...yet you seem to totally ignore large parts of the very article you link to. From the moon article: {quote} Do you realise why claiming astrology is science is LAUGHABLE based on this article? First of all, they don't say anything about astrology. Secondly, while they say that anecdotal evidence suggests it might have an influence on sleep, they also admit that nothing they've done could be considered proof. They also admit that they can't explain it and that the experiment is flawed. All the above makes it clear that your claims...
My QUESTION: Would you be around here in Jan-Feb? Trust me, I've seen tens of guys arguing with me here, against my fundamentals & disappearing when it starts raining, you sound old & reputed here, but I still doubt you around when it reaches near 1500 instead of 1150, would you be around mate? I know I shall make over 250K pips by Jan solely relying on Lunar cycles, what are your targets?

I'm sure you didn't read the FIRST POST & my previous post at all, I REPEAT EACH & EVERY SINGLE ANCIENT INDIAN FESTIVAL IS BASED ON SEASONS & LUNAR CYCLES. Moon is the pillar of astrology in Vedic Astrology (Indian) just like Sun is center of everything in Western Astrology.

I will prove that Gold completely relies on LUNAR & ASTRO cycles on a broad level, Guess how? By making shitloads of money, apparently, I'm not going to teach you how it works.

Now you talking about the articles, cherry picking applies to you actually, all that you are doing is picking lines of your interest & ignoring others,
check below:

The human menstrual cycle is the best-known example of the way our bodies—over millions of years of evolution—have synchronized themselves to the rhythms of the moon

It’s hard to say where the internal clock is in, say, a flowering plant, but in humans, it’s likely in the suprachiasmatic nuclei, a tiny region of the brain near the optic nerve involved in the production of melatonin, certain neurotransmitters and other time-keeping chemicals, all in a rhythm consistent with both its terrestrial and cosmic surroundings

Read more: Sleeping During a Full Moon: Why It's Hard | TIME.com http://science.time.com/2013/07/25/h...#ixzz2jGWuypBP


>> They got close, but that's all within expected technological capabilities they had back then. And again, they believed the world to float on the back of a giant crocodile...so please, spare me with the "they knew more than us" crap.

Nuclear radiation is a lot higher than normal in a nearby city called "Kurukshetra", our scriptures, I & SCIENCE suggest that atomic war took place in ancient India, some say aliens came & fought here, what would you like to say about this:

http://www.davidicke.com/forum/showthread.php?t=36385

At least Ancient Indians had atomic powers probably in a better way than modern humans do, Science suggests that.


I can quote numerous such articles & evidences. Now I'm talking about Ancient India here.


> Lastly: The MAJORITY of trading is done through automated programs. Now, even IF (and there is no proof of that) the moon and planetary cycles impact humans trading, it still wouldn't impact those computers. The correlation simply isn't there, let alone a causation

I suggest you not to teach me about technology & how automated systems work in Forex. Do you even have any idea who I am? I do no wish to brag about my knowledge in Forex & Technology and my achievements, so I'll leave it here, in short I've bee in I.T. industry when computers were new even in USA.

This debate will continue & I would really love this to continue, on the contrary, how about proving our points using the pips we make? Won't that be more scientific & mathematical? You talking 1150, while I'm targeting $1500, if you are for real, you gotta be short, Are you? There was a noob by the name Santoo or something here, he kept bragging about short & I can't find him when Gold shot like a rocket and this is not all, he said he never traded & he was just sharing his views.

If you are indeed for real, why don't you share your positions? Trust me, I'll take them seriously, no mocking or any such thing even if they are in loss.

OPEN CHALLENGE TO EVERYONE: MAKE MORE PIPS THAN ME IN GOLD, IF YOU CAN

Quoting 4exNinja
{quote} Gold at 1150 yet?
I'm LONG until Jan, if you are indeed a man for real, please accept my challenge, guess what, lucky you, I'm in your opposite direction. It'll be very easy for the results to show up fast & cosy.
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  • #1,499
  • Oct 30, 2013 10:52pm Oct 30, 2013 10:52pm
> in short I've bee in I.T. industry when computers were new even in USA

----> Never mind about that, I meant to mention before mid 90s
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  • #1,500
  • Oct 30, 2013 11:10pm Oct 30, 2013 11:10pm
Go India Go !!
ClockTrader

Quote
OPEN CHALLENGE TO EVERYONE: MAKE MORE PIPS THAN ME IN GOLD, IF YOU CAN

teach me your method xD
A trade should be based on an assumption based on facts
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