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  • #1,681
  • Dec 1, 2013 6:02am Dec 1, 2013 6:02am
Quoting seaman2
{quote} I will start week selling at 1260 or so. See how it goes.
Possibly, there is one short cycle left, hoping so, lets do one paper trade. Sell @ 1260 (or around that), SL @ 1281

Lets see how this goes.
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  • #1,682
  • Dec 1, 2013 7:08pm Dec 1, 2013 7:08pm
This week high volatility expecting ...may fall down to 1235 (CMP 1250) and pullback towards to 1270-80 and fall down to 1200-1180
  • #1,683
  • Dec 1, 2013 8:05pm Dec 1, 2013 8:05pm
Quoting rambo12
This week high volatility expecting ...may fall down to 1235 (CMP 1250) and pullback towards to 1270-80 and fall down to 1200-1180
That is likely. I have one short still open with little risk. Would like to see gold retrace higher...to 1288 or higher...before adding to my short.
"The market can remain irrational longer than you can remain solvent"
  • #1,684
  • Dec 1, 2013 9:43pm Dec 1, 2013 9:43pm
Quoting anton.olff
{quote} That is likely. I have one short still open with little risk. Would like to see gold retrace higher...to 1288 or higher...before adding to my short.
I really appreciate the way you share your positions boldly. Much better than saying "I think its going to fall" OR "I think its going to climb"

Quoting rambo12
This week high volatility expecting ...may fall down to 1235 (CMP 1250) and pullback towards to 1270-80 and fall down to 1200-1180
I wonder what your positions are? I don't think you ever shared your positions here.
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  • #1,685
  • Dec 2, 2013 12:18am Dec 2, 2013 12:18am
Quoting ClockTrader
{quote} I really appreciate the way you share your positions boldly. Much better than saying "I think its going to fall" OR "I think its going to climb" {quote} I wonder what your positions are? I don't think you ever shared your positions here.


sir you can check my previous posts I am still holding some shorts were 1340-60 range ... waiting for 1270-80 will add some more shorts targets will be 1st 1200. good luck
  • #1,686
  • Dec 2, 2013 12:42am Dec 2, 2013 12:42am
Quoting anton.olff
{quote} That is likely. I have one short still open with little risk. Would like to see gold retrace higher...to 1288 or higher...before adding to my short.
I am expecting 1270-80 Max .. will add more shorts there .. my final target will be 1180 below(1150) ..will update here anyhow ..good luck sir
  • #1,687
  • Dec 2, 2013 12:58am Dec 2, 2013 12:58am
Quoting rambo12
{quote} sir you can check my previous posts I am still holding some shorts were 1340-60 range ... waiting for 1270-80 will add some more shorts targets will be 1st 1200. good luck
Very glad to see you making money :-) & guess what, my longs are in floating loss, but, I plan to hold these & even build more going forward.
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  • #1,688
  • Dec 2, 2013 2:15am Dec 2, 2013 2:15am
not going down much. no more bearish. remove sell 60.
  • #1,689
  • Dec 2, 2013 2:17am Dec 2, 2013 2:17am
Quoting ClockTrader
{quote} Very glad to see you making money :-) & guess what, my longs are in floating loss, but, I plan to hold these & even build more going forward.
Clock Trader, I have always admired your passion for buying gold, however I a strong believer in trend trading and currently holding long
doesn't look so good.
  • #1,690
  • Dec 2, 2013 2:56am Dec 2, 2013 2:56am
Quoting Danny Maina
{quote} Clock Trader, I have always admired your passion for buying gold, however I a strong believer in trend trading and currently holding long doesn't look so good.
Well, the bulls are weak & will remain like that for another 8 - 10 months, until June-2014 at least. I expect this to go up n down all this while nonetheless I do expect Bulls back soon for 2 months though.

Quoting seaman2
not going down much. no more bearish. remove sell 60.
A crystal clear picture should be visible by 10th of this month.
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  • #1,691
  • Dec 2, 2013 4:19am Dec 2, 2013 4:19am
will definitely be following closely and see how this plays out
  • #1,692
  • Dec 3, 2013 7:54am Dec 3, 2013 7:54am
The downward journey continues....
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  • #1,693
  • Dec 3, 2013 12:01pm Dec 3, 2013 12:01pm
Quoting ClockTrader
{quote} Possibly, there is one short cycle left, hoping so, lets do one paper trade. Sell @ 1260 (or around that), SL @ 1281 Lets see how this goes.
I enjoy reading this thread and seeing the various view points, but I find all this speculation out so far into the future rather academic. While each of us has a particular method of trading (good or bad) NONE of us can say with any accuracy what the market will do on the next tick much less the next month or 6 months.

We all follow the market through out its twists and turns and gather pips as we go, but I think to say that on x date the market will do x is rather pedantic. Currently the Gold market is bearish...that's it. IF that changes and WHEN that changes is just speculation and cannot be proven to be predicted with any accuracy greater than chance. Thus if I were to say that this week Gold will rise...who would care? If I place a long on and close it at a profit does that mean my prediction came true? Hardly...All I did was enter a trade according to my method and exit it according to my method.

Clock trader has a method that has proven successful for him (and perhaps those that follow him), but I cannot see that predictions of future price movements are any greater than chance.

I buy physical gold as well as trade it in the spot. So, of course, I want Gold to rise, but just because the planetary alignment causes certain cultures to celebrate by buying and offering gold, does not mean the entire world market will move. It does in fact do just that...sometimes...but not with any exploitable edge.

I still think the best bet is to trade your proven method the best of your ability and be aware of certain "influencing factors", one of which might be a large population that celebrates certain astral events with gold. The same can be said of the Fed's taper announcement and/or forward guidance...it is an influencing factor but cannot predict which way gold will move with any accuracy greater than chance.

Just my two cents worth.
  • #1,694
  • Dec 3, 2013 9:49pm Dec 3, 2013 9:49pm
Quoting gspajon
{quote} I enjoy reading this thread and seeing the various view points, but I find all this speculation out so far into the future rather academic. While each of us has a particular method of trading (good or bad) NONE of us can say with any accuracy what the ....
>While each of us has a particular method of trading (good or bad) NONE of us can say with any accuracy

----> Since I'm still learning, I cannot precisely guarantee every prediction of mine, but, trust me, I'm getting closer, very close.

> We all follow the market through out its twists and turns and gather pips as we go, but I think to say that on x date the market will do x is rather pedantic

----> What if I say I'll prove my precision levels better than NASA ? Its all about perfection. Only matter of time, I guess 4 - 5 years. Until, then I'll keep proving what I'm saying.

> but I cannot see that predictions of future price movements are any greater than chance.

----> These are based on Science & Maths.

> but just because the planetary alignment causes certain cultures to celebrate by buying and offering gold, does not mean the entire world market will move

----> Well, do you know that Gold does not fall in India? Rather I should say it hardly falls & if it does fall bad, that's only for few days. The currency offsets the fall. Gold is still sold close to highs of recent years here. Jewelers sell, people buy & it works great for sellers. Awesome, isn't it?

The festivals formula apply 100% in India & YES IT DOES NOT APPLY IN FOREX GOLD. I wasted tons of money trying to figure this out & learning all my hard learnt lessons. I'm no genius, but, I know what I'm doing & where this leads to.

> The same can be said of the Fed's taper announcement and/or forward guidance...it is an influencing factor but cannot predict which way gold will move with any accuracy greater than chance.

----> NO OFFENCE, but, I feel like in Stone age when I see people following news for Gold trades.

I love news on broad level, do follow time triggers but never rely on economic news for my trades the way people do.

As for time, I can predict the time to buy & sell Gold for next 101+ years, how does that sound?


Below is a chart repost from Page 15, Buy in June, Sell in Jan (not based on Indian festivals but time triggers)

PS: This may not reach 1500 as expected, but the formula works great as for as commercial sense is concerned.
Attached Image (click to enlarge)
Click to Enlarge Name: Golden-Seasons.png Size: 41 KB
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  • #1,695
  • Dec 4, 2013 5:53am Dec 4, 2013 5:53am
I look forward to a volatile US session ahead

10-15 $s up/down after 10-20 $s up / down in sight!
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  • #1,696
  • Dec 4, 2013 6:21am Dec 4, 2013 6:21am
One day, India goverment lift the gold import ban. Gold is up definately
  • #1,697
  • Dec 4, 2013 8:41am Dec 4, 2013 8:41am
Quoting ClockTrader
{quote} I would appreciate going long at this juncture to long term investors only, others should play light long or short or whatever. {quote} There may be some downside left, 100 $s at the most in Worst scenario, but I strongly DISAGREE with 680-850. I plan to hit the BUY button real HARD sometime between 5th & 10th of Dec, in line with the time-frame I've been predicting for several weeks now. Until then I plan to play light, up / down using my Clock settings. PS: As always I remain biased towards longs for non-cerebral reasons.
Its about time, the time-frame for a clear view of bottom which falls between 5th & 10th of December & to go long begins tomorrow. I've been quoting this time frame for several weeks now.

I wonder if there is a critic around so I could dig & block loop holes in my analysis?
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  • #1,698
  • Dec 5, 2013 9:51am Dec 5, 2013 9:51am
A very very interesting article about Moon:

http://www.nature.com/news/planetary...racies-1.14270
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  • #1,699
  • Dec 5, 2013 10:45am Dec 5, 2013 10:45am
this is not casino...this is clearly robbery... İ tell you...
  • #1,700
  • Dec 5, 2013 10:43pm Dec 5, 2013 10:43pm
Two Bulls who locked their horns to bring the Gold down in the past 4-5 weeks are getting free now.

As it appears today and/or Monday will decisively reveal the bottom, OR have we already bottom out? Final Verdict comes around mid of next week. The Bulls are raging & roaring ahead, good for investors for about 40 days.
Attached Image
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