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  • #3,201
  • Mar 7, 2014 9:07pm Mar 7, 2014 9:07pm
Quoting anton.olff
{quote} Indeed. I will look at this event as an opportunity to add to my shorts at higher levels.
Selling over and over again over multiple months ever since its been bullish. I wonder what your plans are?
Hello World!
  • #3,202
  • Edited 10:21pm Mar 7, 2014 9:08pm | Edited 10:21pm
Quoting jesus.micha
Hello everyone! Gold bottomed on a 30 years symmetry trend line and each time it meets this trend line, it has a violent move. It also bottomed exactly on the support trend line from the 2000-2001 double bottom. I believe that odds favor now an upside move. A cyclical bear market of 2 years looks quite normal after 10 years of uptrend. This trader also thinks that it is time for the secular bull market to resume to the upside: http://www.screencast.com/t/Rm8Kuc9d Can You tell what do You think about this?
How long** have you been in this business Pal?
Hello World!
  • #3,203
  • Mar 7, 2014 9:22pm Mar 7, 2014 9:22pm
Quoting ClockTrader
{quote} Selling over and over again over multiple months ever since its been bullish. I wonder what your plans are?
I trade both short term (some scalps, some swing trades), and with long term horizons (trades held longer than 90 days). I generally trade in the direction of the longer term trend, though I have taken both shorts and longs (less often) to capture the range, as well as closed some shorts for losses as gold moved beyond my parameters. While I have not maximized my percent earnings over the last 2 months due to a sharper retracement than I anticipated (I'm up 31% in my main account (with trades open), for the last 45 days...which is below average for me), I However, the one thing I have learned from trading is that you make the most money trading longer trends, and keeping trades open for longer periods. Of course, to each his own. The bottom line for all of us, is to make money.

In my view...and I am always open to being wrong and reversing my trades...gold appears to be peaking at or near 1400 and will reverse towards 1200-1250, possibly lower...in the next 6-9 months. The same factors that drove gold to 1180 just a few short months ago, are still valid...IMHO.
"The market can remain irrational longer than you can remain solvent"
  • #3,204
  • Mar 7, 2014 10:34pm Mar 7, 2014 10:34pm
I didn't mean to be a prick in any way. I've committed many stupid mistakes in the past and just wanted to be sure you are not doing the same. Its easy to get carried away. I know you have made great short calls when Gold was heading towards 1180. However, when you continue to share calls in one direction which remain going in the negative zone will invite my reaction. I just want to be sure you are doing good.

Most of my work is research oriented as of today, not making any wealth right now, but, I do plan to once my fundamentals are clear. Right now I am just happy with a small wealth I made about a decade back. I am glad to share the fact that I spend most of my time in research and yet I'm able to pay my bills from my residual incomes =) Nowadays, I am looking at some good things to happen in near future.

You are right about making money from rallies, BUT, you have to be in the right direction. You pick a rally in wrong direction and results can be irreversible. A typical rally for me spans about 2 weeks - 2 months & should cover a range of 100 - 200 $s.

Having said all this, I wish you and everyone here Happy Trading and a Great Weekend!

Quoting anton.olff
{quote} I trade both short term (some scalps, some swing trades), and with long term horizons (trades held longer than 90 days). I generally trade in the direction of the longer term trend, though I have taken both shorts and longs (less often) to capture the range, as well as closed some shorts for losses as gold moved beyond my parameters. While I have not maximized my percent earnings over the last 2 months due to a sharper retracement than I anticipated (I'm up 31% in my main account (with trades open), for the last 45 days...which is below...
Hello World!
  • #3,205
  • Mar 7, 2014 11:05pm Mar 7, 2014 11:05pm
Quoting jesus.micha
Hello everyone! Gold bottomed on a 30 years symmetry trend line and each time it meets this trend line, it has a violent move. It also bottomed exactly on the support trend line from the 2000-2001 double bottom. I believe that odds favor now an upside move. A cyclical bear market of 2 years looks quite normal after 10 years of uptrend. This trader also thinks that it is time for the secular bull market to resume to the upside: http://www.screencast.com/t/Rm8Kuc9d Can You tell what do You think about this?
beautiful analyze, seems true
  • #3,206
  • Mar 8, 2014 12:49am Mar 8, 2014 12:49am
I am still new in gold, but likely double top occured in daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold daily.gif Size: 38 KB
  • #3,207
  • Mar 8, 2014 6:49am Mar 8, 2014 6:49am
Due to NFP and china news xau will down to 1274 where sma 300 holds on H4 chart. Hope will be correct
  • #3,208
  • Mar 8, 2014 11:36am Mar 8, 2014 11:36am
Gold is in sell mode looking technically. What brings gold as this level or possibility to go higher is Russia. Every news like "russian invaded a base" has pulled the gold up. Imagine how it will drop if it would get resolved in the area.
  • #3,209
  • Edited Mar 9, 2014 7:45am Mar 8, 2014 9:28pm | Edited Mar 9, 2014 7:45am
Quoting ClockTrader
That's pretty admirable philosophy. Keep in touch here for 1 more month. I might have something to offer/help you. {quote}
Yep, what you resists persists.... to heal and transform an unconscious destructive compulsion, the controlled and controlling behaviour needs to give way to an attitude of surrender and openness to what is occurring internally and externally, rather than pushing, resisting or fighting it. The torturing way of being with ourselves, often happens through our surperego, who attacks and judges us. We need to get in touch with the aggression, fears and self hatred embedded in the resistance to ourselves, which curiously enough, only perpetuates them We need to understand that working through our emotional reactions and mental beliefs is only possible when we fully allow them, otherwise our understanding can not penetrate them. True desidentification is not distancing from our experience, it is only possible through diving fully into the experience. Paradoxically and strangely enough for our rational minds, the more we immerse ourselves into the experience (however painful this may be), the more we become desidentified. It is our inner light which heals our darkness. So no drramatising or distancing in shame. Meeting our inner experience with equanimity involves allowing it, yet not being swept away by it (what happened with us in childhood). Which means experiencing it completely. Striving for the exceptional, the exciting, the extreme, the defying gradually becomes replaced with conscious calm, peace, strength and simplicity. The need to be special is replaced by our humanness. (inspired from the book: The Spiritual Dimension of the Enneagramme, the nine faces of the soul. By Sandra Maitri -
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  • #3,210
  • Mar 8, 2014 11:34pm Mar 8, 2014 11:34pm
Quoting bernbeach
{quote} What about this. You can write me on: [email protected] ("[email protected]"). Yep, what you resists persists.... to heal and transform an unconscious destructive compulsion, the controlled and controlling behaviour needs to give way to an attitude of surrender and openness to what is occurring internally and externally, rather than pushing, resisting or fighting it. The torturing way of being with ourselves, often happens through our surperego, who attacks and judges us. We need to get in touch with the aggression, fears and self...
Here is a good link for those inclined
http://www.scribd.com/doc/527483/Foc...adatta-Maharaj

Also some of my thoughts I wrote a long time ago
http://www.forexfactory.com/showthread.php?t=261274
We are all One. Be present. Be the Observer
  • #3,211
  • Mar 8, 2014 11:42pm Mar 8, 2014 11:42pm
I just sent you an email dude. Keep in touch!


Quoting bernbeach
{quote} What about this. You can write me on: [email protected] ("[email protected]"). Yep, what you resists persists.... to heal and transform an unconscious destructive compulsion, the controlled and controlling behaviour needs to give way to an attitude of surrender and openness to what is occurring internally and externally, rather than pushing, resisting or fighting it. The torturing way of being with ourselves, often happens through our surperego, who attacks and judges us. We need to get in touch with the aggression, fears and self...
Hello World!
  • #3,212
  • Mar 8, 2014 11:47pm Mar 8, 2014 11:47pm
Quoting Iamfx
{quote} Here is a good link for those inclined http://www.scribd.com/doc/527483/Foc...adatta-Maharaj Also some of my thoughts I wrote a long time ago http://www.forexfactory.com/showthread.php?t=261274
The "I am" philosophy is nice. I related this to Brahma element, "myself omnipresent" thing. In Sanskrit I would write it like this and this is what I follow "Ahm Sah Sooohhmmmmm" similar to your stuff.
Hello World!
  • #3,213
  • Mar 9, 2014 12:39am Mar 9, 2014 12:39am
Quoting ClockTrader
{quote} The "I am" philosophy is nice. I related this to Brahma element, "myself omnipresent" thing. In Sanskrit I would write it like this and this is what I follow "Ahm Sah Sooohhmmmmm" similar to your stuff.
If you dont mind me asking what is the Golden Seaons stuff in your profile? Googled it but no luck.
We are all One. Be present. Be the Observer
  • #3,214
  • Mar 9, 2014 8:21am Mar 9, 2014 8:21am
Quoting ClockTrader
I just sent you an email dude. Keep in touch! {quote}
The time is NOW

The 21st century will be spiritual or will not be


André MALRAUX


Nothing is as powerful as an idea whose time has come


Victor Hugo

THE FLOWERING OF HUMAN CONSCIOUSNESS
Earth, 114 million years ago, one morning just after sunrise: The first flower ever to appear on the planet opens up to receive the rays of the sun. Prior to this momentous event that heralds an evolutionary transformation in the life of plants, the planet had already been covered in vegetation for millions of years.
The first flower probably did not survive for long, and flowers must
have remained rare and isolated phenomena, since conditions were most
likely not yet favorable for a widespread flowering to occur. One day,
however, a critical threshold was reached, and suddenly there would have been an explosion of color and scent all over the planet – if a perceiving
consciousness had been there to witness it.
Much later, those delicate and fragrant beings we call flowers would
come to play an essential part in the evolution of consciousness of another species.
Humans would increasingly be drawn to and fascinated by them. As
the consciousness of human beings developed, flowers were most likely the first thing they came to value that had no utilitarian purpose for them, that is to say, was not linked in some way to survival. They provided inspiration to countless artists, poets, and mystics. Jesus tells us to contemplate the flowers and learn from then how to live.
The Buddha is said to have given a “silent sermon” once during which he held up a flower and gazed at it. After a while, one of those present, a monk called Mahakasyapa, began to smile.
He is said to have been the only one who had understood the sermon. According to legend, that smile (that is to say, realization) was handed down by twentyeight successive masters and much later became the origin of Zen.
Seeing beauty in a flower could awaken humans, however briefly, to
the beauty that is an essential part of their own innermost being, their true nature.
The first recognition of beauty was one of the most significant events
in the evolution of human consciousness. The feelings of joy and love are
intrinsically connected to that recognition. Without our fully realizing it,
flowers would become for us an expression in form of that which is most
high, most sacred, and ultimately formless within ourselves. Flowers, more
fleeting, more ethereal and more delicate than the plants out of which they emerged, would become like messengers from another realm, like a bridge between the world of physical forms and the formless.
They not only had a scent that was delicate and pleasing to humans, but also brought a fragrance from the realm of spirit. Using the word “enlightenment” in a wider sense than the conventionally accepted one, we could look upon flowers as the enlightenment of plants. -E Tolle-A New Earth
  • #3,215
  • Mar 9, 2014 9:35am Mar 9, 2014 9:35am
Quoting Iamfx
{quote} If you dont mind me asking what is the Golden Seaons stuff in your profile? Googled it but no luck.
In nut shell, "Golden Seasons" is about buying in June and selling anytime before/buy Jan. You may want to read article on below blog:

http://www.goldguru.in/blog
Hello World!
  • #3,216
  • Mar 9, 2014 9:49am Mar 9, 2014 9:49am
how can u buy a gold even u dont get the real gold??

it is only the game between huge money and small money

buy real gold and keep in your house..the world will end soon..

reduce your frequency during trade..dont overtrade..the world has come close with the nnuclear war..FBI have inform all the spy around the world to alert about this situasion..

buy gold and dont sell back.use it when the nuclear war come to our life..

lets die together..blood brother forever BBF
  • #3,217
  • Mar 9, 2014 9:53am Mar 9, 2014 9:53am
Quoting Nfp
how can u buy a gold even u dont get the real gold?? it is only the game between huge money and small money buy real gold and keep in your house..the world will end soon.. reduce your frequency during trade..dont overtrade..the world has come close with the nnuclear war..FBI have inform all the spy around the world to alert about this situasion.. buy gold and dont sell back.use it when the nuclear war come to our life.. lets die together..blood brother forever BBF
I guess guns and something to eat and drink would be worth a lot more in such a scenario than a bit of gold.
  • #3,218
  • Mar 9, 2014 11:07am Mar 9, 2014 11:07am
Quoting kanikuly
{quote} I guess guns and something to eat and drink would be worth a lot more in such a scenario than a bit of gold.

i think we can eat tomato and fish as a consumption of reduction of our body..
  • #3,219
  • Mar 9, 2014 3:29pm Mar 9, 2014 3:29pm
http://www.bloomberg.com/news/2014-0...mmodities.html goldman sees still drop at gold prices...
  • #3,220
  • Mar 9, 2014 4:00pm Mar 9, 2014 4:00pm
Quoting letscry
http://www.bloomberg.com/news/2014-0...mmodities.html goldman sees still drop at gold prices...
thanks for the link... for once I agree with Goldman...

cheers
90% of people, are wrong about 90% of everything, 90% of the time...
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