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Only Gold!

  • #17,041
  • Oct 6, 2014 1:02am Oct 6, 2014 1:02am
Quoting Payman
{quote} {quote} I'm waiting for 1000-1050 although it may take some weeks. {image}
http://www.forexfactory.com/showthre...79#post7708879

Now i'm waiting to see gold trading below 1000 $ within a few weeks. There might be a correction in the downtrend from 1180 level which is trading right now.
.
  • #17,042
  • Oct 6, 2014 2:05am Oct 6, 2014 2:05am
Quoting Payman
{quote} http://www.forexfactory.com/showthre...79#post7708879 Now i'm waiting to see gold trading below 1000 $ within a few weeks. There might be a correction in the downtrend from 1180 level which is trading right now. .
So, you think this will fall like $200 from current level within 2 weeks?
Hello World!
  • #17,043
  • Oct 6, 2014 2:07am Oct 6, 2014 2:07am
Quoting Payman
{quote} http://www.forexfactory.com/showthre...79#post7708879 Now i'm waiting to see gold trading below 1000 $ within a few weeks. There might be a correction in the downtrend from 1180 level which is trading right now. .
Quoting ClockTrader
{quote} So, you think this will fall like $200 from current level within 2 weeks?
I wish I could give only limited role to newbies on this thread.

For instance, they could only read the posts..
Hello World!
  • #17,044
  • Oct 6, 2014 2:07am Oct 6, 2014 2:07am
Quoting Payman
{quote} http://www.forexfactory.com/showthre...79#post7708879 Now i'm waiting to see gold trading below 1000 $ within a few weeks. There might be a correction in the downtrend from 1180 level which is trading right now. .
Hopr you short now at 119x and 120x for huge profit. GL.
  • #17,045
  • Oct 6, 2014 2:09am Oct 6, 2014 2:09am
Quoting ClockTrader
{quote} {quote} I wish I could give only limited role to newbies on this thread. For instance, they could only read the posts..


right on dude!
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,046
  • Oct 6, 2014 2:12am Oct 6, 2014 2:12am
good morning all!

wishing you a good week ahead... gonna be a lot of fun with all the central planners scheduled to speak

play safe!
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,047
  • Edited 3:07am Oct 6, 2014 2:57am | Edited 3:07am
Quoting ClockTrader
{quote} {quote} I wish I could give only limited role to newbies on this thread. For instance, they could only read the posts..
I did not say I am a pro but you are obviously angry because of your mistakes in predicting market.I did not say tow weeks. I said a few weeks. I think I should have said a couple of weeks instead of a few weeks but that does not change the fact that you enjoy making fun of others instead of trying to change your wrong strategy.
Quoting Payman
I am bearish on gold and believe that on monthly chart it has a long way to go to find a bottom. therefore these rallies are good opportunities to short gold. Ukraine tensions cant affect the long term trend. So as long as it hasn't broken the 1360 I will be bearish.
I think the gold was trading above 1300 when i said Ukraine tensions cant affect long term trend.
  • #17,048
  • Oct 6, 2014 2:58am Oct 6, 2014 2:58am
Quoting theDHT
{quote} right on dude!
and i think you are the most professional trader i have ever seen.
anyway i don't intend to keep replying to the posts of professionals like you.
  • #17,049
  • Oct 6, 2014 3:08am Oct 6, 2014 3:08am
$1184 been seen overnight (UK time) - i've personally closed all my short positions and loaded longs staggering positions (short term) as from PA there should be a healthy retrace from here. If $1180 is taken out before $1200 then my view is invalid.
To live a successful life, we must lose our fear of being wrong
  • #17,050
  • Oct 6, 2014 3:08am Oct 6, 2014 3:08am
it is obvious, we are hitting 1000 - 900 made a good killing staying short. Have no desire going long.
  • #17,051
  • Oct 6, 2014 3:16am Oct 6, 2014 3:16am
Quoting sunnyfarm
it is obvious, we are hitting 1000 - 900 made a good killing staying short. Have no desire going long.
It depends which way you look at it and what type of trader you are.
To live a successful life, we must lose our fear of being wrong
  • #17,052
  • Oct 6, 2014 4:04am Oct 6, 2014 4:04am
Quoting Payman
{quote} I did not say I am a pro but you are obviously angry because of your mistakes in predicting market.I did not say tow weeks. I said a few weeks. I think I should have said a couple of weeks instead of a few weeks but that does not change the fact that you enjoy making fun of others instead of trying to change your wrong strategy. {quote} I think the gold was trading above 1300 when i said Ukraine tensions cant affect long term trend.


My predictions went wrong, YES! The seasons didn't work right, TRUE!!

The entire month of September I kept saying that my view on broad level is bearish and we all know what happened in Sep-14

Do I need to say more?

Did you ever observe my positions in the last few weeks? I am sure you didn't, there were loads of shorts there. I still have about 10 shorts left above 1300 (new ones are separate)

Just because a view of yours turned true, that does not make your opinions substantial in my opinion. Give 10-25 views in a span of 4 - 6 months without disappearing with a success rate of 60% plus, then I will look at you with respect.
Hello World!
  • #17,053
  • Oct 6, 2014 4:08am Oct 6, 2014 4:08am
Since last week, my view has been bullish and for the remainder month as well, I expect Bulls to take charge.

IF the price falls below 1165 instead of initiating a Bull rally, I will re-plan my strategy.
Hello World!
  • #17,054
  • Oct 6, 2014 4:17am Oct 6, 2014 4:17am
Just what some are saying on Gold direction (both views).

http://www.cnbc.com/id/102061151
As the lights go by so too do the shadows move
  • #17,055
  • Oct 6, 2014 4:19am Oct 6, 2014 4:19am
Quoting ClockTrader
{quote} {quote} I wish I could give only limited role to newbies on this thread. For instance, they could only read the posts..
Pardon me!
But you yourself have been the biggest failure in this thread. Wrong since like July. So the point is I know this is your thread and probably the only reason you are contributing to this thread is because it gives you a power to ban/ignore people who refute you or question your notion altogether. I seriously feel you have a habit of starting threads on topics that already exists and attaching your so-called seasons to it (out of nowhere).

No wonder if you weigh someone with there "newbie quotient" on this thread. Well fyi you certainly have outlived your presence on this thread. lol. I somehow feel if someone or say me would have done exactly opposite to your calls since July. I or they would have been uber-rich. You are a holy grail in a sense. lol
  • #17,056
  • Oct 6, 2014 4:28am Oct 6, 2014 4:28am
OK, I will pardon you mate! No issues at all :-)

At peak of 1300, my shorts were way more than my longs. I came down closing these shorts, apparently, you all have forgotten this and only remember a theory (seasons) of mine which didn't work.

Need I say more?

When Gold was above 1300, there were like a dozen noobs here targeting 1500 and above and I was selling. Now when Gold is at 11xx, a dozen like you will pop up out of no where claiming 900 - 1000 within a few weeks? What does that imply?

I agree Gold may go below 1000, BUT, thats gonna take several years IMHO.

Show me a single expert trader here or anywhere who says Gold will touch 1000 or below within a few weeks. Once in 30 - 40 yrs such fall my occur, yea, it may occur once in next 40 yrs as well, BUT, thats not a trader's call but a magician's call.

How many newbies have been around here? 95% disappear in no time.


Quoting honeybadger
{quote} Pardon me! But you yourself have been the biggest failure in this thread. Wrong since like July. So the point is I know this is your thread and probably the only reason you are contributing to this thread is because it gives you a power to ban/ignore people who refute you or question your notion altogether. I seriously feel you have a habit of starting threads on topics that already exists and attaching your so-called seasons to it (out of nowhere). No wonder if you weigh someone with there "newbie quotient" on this thread. Well fyi you...
Hello World!
  • #17,057
  • Oct 6, 2014 4:30am Oct 6, 2014 4:30am
Quoting Payman
{quote} and i think you are the most professional trader i have ever seen. anyway i don't intend to keep replying to the posts of professionals like you.
take it easy bro, critics make you stronger and learn faster. Thats why i am here just watching this forum keeping my mouthshut as i am wrong alwys in predicting this horny fx market. GL
  • #17,058
  • Oct 6, 2014 4:41am Oct 6, 2014 4:41am
Quoting Matts Micro
Just what some are saying on Gold direction (both views). http://www.cnbc.com/id/102061151
http://www.cnbc.com/id/102061151

Yea, this article seems to be written by an expert, highlighted few extracts below:

IMHO

 

  1. It would be great if we can hit above 1250 this year.
  2. I don't think its going way down to 1100 in the next few months. Next year below 1100 is very much possible.

There may be downside left before we can expect a rally.

On the basis of VVSA (H1), I see Support @ 1165

Attached Image (click to enlarge)
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Attached Image
Hello World!
  • #17,059
  • Oct 6, 2014 4:44am Oct 6, 2014 4:44am
Quoting ClockTrader
{quote} http://www.cnbc.com/id/102061151 Yea, this article seems to be written by an expert, highlighted few extracts below: IMHO It would be great if we can hit above 1250 this year. I don't think its going way down to 1100 in the next few months. Next year below 1100 is very much possible. There may be downside left before we can expect a rally. On the basis of VVSA (H1), I see Support @ 1165 {image} {image}
9% decline in 6 months makes sense, thats what has happened, as written in an article on CNBC

3-4% decline or climb within few weeks makes sense too

HOWEVER, 15% DECLINE IN FEW WEEKS DOES NOT MAKE ANY SENSE and sounds like an impulsive newbie's call.
Hello World!
  • #17,060
  • Oct 6, 2014 4:55am Oct 6, 2014 4:55am
Quoting ClockTrader
OK, I will pardon you mate! No issues at all :-) At peak of 1300, my shorts were way more than my longs. I came down closing these shorts, apparently, you all have forgotten this and only remember a theory (seasons) of mine which didn't work. Need I say more? When Gold was above 1300, there were like a dozen noobs here targeting 1500 and above and I was selling. Now when Gold is at 11xx, a dozen like you will pop up out of no where claiming 900 - 1000 within a few weeks? What does that imply? I agree Gold may go below 1000, BUT, thats gonna take...
Oh if your pardoning me was supposed to be humor. Well so be it.

And let me tell you something. Everyone has his/her opinions about something. Your opinion about gold has been totally wrong since the start of season. Now you start talking about how much you have been shorting or whatever but your number of speculations about the gold bottom are more than the amount you made of your micro shorts. And you weren't shorting you were hedging that in a way is also called trying to insure your arse if something happened that you didn't speculate. And that's exactlly what happened.

So your opinion about something has been totally wrong. So where do you stand. And probably this surely doesn't put you in a good position just bcause this is your thread. And about the experts here. Well pretty much a lot of good people have already vanished from here.

I surely can understand your frustration. Being pelted for months and watching the speculation go altogether wrong is a hard job. But the point is not this that if someone makes an opinion that is wrong so he get's a "newbie quotient". I say your notions have altogether been foolish so just because you own this thread and you are supposedly are an old member doesn't make you an expert. Because you hardly contribute in a positive manner.

You should learn from a member (raianil007) who just quoted payman "take it easy bro, critics make you stronger and learn faster". You need this line because registering a domain "goldguru.in" and trying to sell your stuff on it doesn't really mean you are a expert. For what I see i.e. if I am a newbie then I just see you someone like 1 or 2 steps ahead of me. Grow up you have a long long way to go.
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