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Only Gold!

  • #24,741
  • Mar 22, 2015 2:41am Mar 22, 2015 2:41am
Quoting kinspk
{quote} Bro no offence, you got your VSA analysis wrong. The white volume bar you point to, is 2 candles later. You took a after-scene reference which is not valid for bottom out. The while volume bar is the 1st bearish candle. If its a live trade and the white volume bar appeared, it will not be a bottom out, thats why you are still in a bearish sentiment.
On the basis of one's analysis, one bottom out on M15 can go against bottom out on H1 and so on.. depends how many sessions / days you wanna trade.. which TF you are working on

Price was ranging after H1-H4 peakout.. IF you study last 12-18 months, you'll know come to know that upside was pending above 1177

Who sets rules who should follow which candle? It's all up to the trader / analyst..

I'm in the middle of writing an article on VVSA, will do as many case studies..

PS: You could have traded against my long @ 1171 and yet succeeded, depends on exit/entry, TF, life of trad etc.
Hello World!
  • #24,742
  • Mar 22, 2015 2:46am Mar 22, 2015 2:46am
Quoting ajantala
{quote} Seems strange to me as well seeing that a major trend line has been broken, however I see some price retracement coming up early next week but definitely to go back up and resume the uptrend and possibly last till Thursday or end of the week...but I will most definitely change my views if price goes below 1160.
Peakout in the range 1190-1200
then fall during expiry week.. leading to bottom-out during expiry week..
nice rally into North going above 1200

att.. chart is a raw view..
Attached Image
Hello World!
  • #24,743
  • Mar 22, 2015 2:51am Mar 22, 2015 2:51am
Quoting SkyzerFX
{quote} You both guys are 2 permanent shorts, One calling facts "conspiracy" theory.. Major bottom in 2025???? LoL, you will be lucky, if Dollar will still exists by then.. Can you "stockman" do simple calculations? Do you know what current US DEBT is? Not only External.. Watch that clock, dude: http://www.usdebtclock.org/ Just external DEBT alone 110% to GDP.. And what do you expect by 2025? By the speed is rising that be what? 300 Trillion? More? I'll quote you soon, you said that by 2018 I won't see gold above 1600? Yeah, right. Good...
Mate, news analysis is overhead transmission for me.. IF you are making money following news.. great!

Everyone here is free to follow his/her view/analysis.. it's koooool mate..

At the end of day, it's all about making money..

so, why not focus on that?
Hello World!
  • #24,744
  • Mar 22, 2015 2:59am Mar 22, 2015 2:59am
I'm really sorry to disappoint you, as I cannot teach like Nitsan does.. IF someone does a good dance, doesn't mean I should be a good dancer too.

A person here maybe a philanthropist, another maybe a burglar.. no doubt.. I should not follow the burglar.. and yea.. I'm not a philanthropist..

You and others maybe benefiting more from Nitsan.. good.. I would love to see anyone benefit here.. you can follow him.. good for you.. good for Nitsan..

So? Please do not expect me to teach you or others here.. I'm really sorry.. seriously.. I am if this is what you were expecting..

BTW, I just updated Post-1 of this thread which clearly states that I'm not a teacher.. I'll try to do my bit.. but, please don't expect me to teach a course here..

http://www.forexfactory.com/showthread.php?t=426397

PS: Yea, focusing on making money sounds like a good idea.

Quoting Pair-me-up
{quote} Sure you or anyone can post information as you like about anything you like. Even forex factory has advertisements on the left of this very screen that you are looking at. People have different tastes and different trading styles... If you are confident in what you do then you have nothing to worry about. I know tons of people that want to invest put they just want a signal service.. like what you provide. And then there are people that want to learn how to find their own signals.. you know the do it yourself-ers. In my opinion.. most people...
Hello World!
  • #24,745
  • Mar 22, 2015 3:00am Mar 22, 2015 3:00am
Quoting imdisaait
Hello CT! and all contributors to the thread......!!! I am beginner to FOREX and at the moment having feeling of losses... and pressure with hedges ......!!! Reading this thread, I am learning new things, ways of thinking and analysis .... when the BIG guys .... exchange their views and opinions.... it very good passage for me to learn and understand more.....and more so the values of you BIG guys' thoughts and words and more helpful for me.... this is just to say to say..... CT and all other contributors ...... THANK YOU for all yours good words...
You are welcome here mate..
Hello World!
  • #24,746
  • Mar 22, 2015 3:01am Mar 22, 2015 3:01am
Quoting TotallNewbie
{quote} I don't recommend hedging for beginner. Just cut loss when the trade goes wrong and try again from another entry point. Try to focus one directional trading (either focus long only or short only). Then, learn how to long from support and short from resistance. You can be profitable as long as you know how to define support and resistance. Next will be your trading style. Do you want to be a scalper or a swing trader? For me, I normally aim for medium term trading where I will hold my position for several days and consider of taking profit...
Hedging is possible if you have good experience and leverage is way below 1:10
Hello World!
  • #24,747
  • Mar 22, 2015 3:02am Mar 22, 2015 3:02am
Quoting TotallNewbie
{quote} Actually I am just curious to know about the theory behind VVSA. Quoting the chart you have posted @post 24714, isn't it very confusing if the volume bar was red and then turn white? How do you choose red/white bar to make your entry?
Writing article on VVSA.. will do case studies too..

You are not following key hrs.. here mate..
Hello World!
  • #24,748
  • Mar 22, 2015 3:20am Mar 22, 2015 3:20am
Quoting ClockTrader
{quote} On the basis of one's analysis, one bottom out on M15 can go against bottom out on H1 and so on.. depends how many sessions / days you wanna trade.. which TF you are working on Price was ranging after H1-H4 peakout.. IF you study last 12-18 months, you'll know come to know that upside was pending above 1177 Who sets rules who should follow which candle? It's all up to the trader / analyst.. I'm in the middle of writing an article on VVSA, will do as many case studies.. PS: You could have traded against my long @ 1171 and yet succeeded, depends...
Thanks Bro. Will love to see your VVSA article and as well some live calls with your VSA reasoning, as so far, had not seen anything live from you that tally what you preach. It will greatly be a selling point to your signals.
The only winner is the one who survive the longest...
  • #24,749
  • Mar 22, 2015 6:54am Mar 22, 2015 6:54am
Quoting ClockTrader
I'm really sorry to disappoint you, as I cannot teach like Nitsan does.. IF someone does a good dance, doesn't mean I should be a good dancer too. A person here maybe a philanthropist, another maybe a burglar.. no doubt.. I should not follow the burglar.. and yea.. I'm not a philanthropist.. You and others maybe benefiting more from Nitsan.. good.. I would love to see anyone benefit here.. you can follow him.. good for you.. good for Nitsan.. So? Please do not expect me to teach you or others here.. I'm really sorry.. seriously.. I am if this is...

Clock Trader... I didn't ask you to teach me.... So, there is no need for me to be disappointed in you son. Of course you can't teach like Nitsan or anyone else... after all I presume that you have your own style. And to be a philanthropist... one would have to feel that they have money beyond their needs. So, as you have stated that is not you. Maybe when you are very successful one day you will be though. I am glad that you are not following any burglars... like people who can't trade yet teach it or sell signals. Those are the true burglars... Also, I don't expect you to teach me.... after all, I haven't seen you do anything marvelous to make me doubt what I have learned thus far.

I do know that on your thread that you have stated that you want some good traders that can make some good calls. So, that tells me that you want to either sell their signals, or learn from them.. CT.... a good student will be a good teacher, and a good teacher will always continue to be a good student. So, when you say you aren't a teacher....well that speaks volumes of what kind of student you have been for this business.

In final.. you have ignored a lot of the positive things that I have posted to you....Please reread what I have said without any misunderstandings. Also, to be offended when offence is not given is a fool... to be offended when offence is given intentionally is a greater fool.

O.k. CT... lets all do our best to make money from the markets for ourselves and our loved ones!!
Luck has no place in trading. Leave that for the poker table.
  • #24,750
  • Mar 22, 2015 8:05am Mar 22, 2015 8:05am
I'm almost 40 and certainly not your son even if you are 140 yrs old :-) no offense, it's a personal issue with whom we like to be family.

I'm not Warren Buffet or Bill Gates, but, I do my bit.. I really do.. my ancestors have done for my town.. I'm doing my bit..

With that said, you sound least interested in what I do, so why not let's make a point not to cross each other's posts?

Won't that be kool and this place more peaceful with lesser verbage?

What do you think?

Quoting Pair-me-up
{quote} Clock Trader... I didn't ask you to teach me.... So, there is no need for me to be disappointed in you son. Of course you can't teach like Nitsan or anyone else... after all I presume that you have your own style. And to be a philanthropist... one would have to feel that they have money beyond their needs. So, as you have stated that is not you. Maybe when you are very successful one day you will be though. I am glad that you are not following any burglars... like people who can't trade yet teach it or sell signals. Those are the true...
Hello World!
  • #24,751
  • Edited 9:43am Mar 22, 2015 9:05am | Edited 9:43am
Quoting kinspk
{quote} Thanks Bro. Will love to see your VVSA article and as well some live calls with your VSA reasoning, as so far, had not seen anything live from you that tally what you preach. It will greatly be a selling point to your signals.
Here you go bro..

I could write only foundation and some conjunctions.. tired like a sick dog.. :-)

I think I shall have to write a lot more and put up many case studies..

I have begun it.. will complete the starting part slowly this week..

Volatile Volume Spread and Analysis with Golden Seasons, trends and key hrs
Hello World!
  • #24,752
  • Mar 22, 2015 5:08pm Mar 22, 2015 5:08pm
If someone is interested
Inserted Video
  • #24,753
  • Edited 8:37pm Mar 22, 2015 7:55pm | Edited 8:37pm
Quoting srt
{quote} Completely agree, there's waaaaaaay more paper than the gold available to back it but if those 2% start experiencing problems when they try taking physical delivery, the market will get this news quickly & liquidity will dry up in a hurry until the problem is fixed. That's why I can't see the big disconnect between the paper & physical for any extended length of time. As you say, since we're mostly scalpers this isn't an issue unless you're accumulating a longer-term position in paper. ***172,750 ounces of gold (approx. $204 million) withdrawn...
another way of looking at this, if there is 100 ounce of paper gold to 1 ounce of physical gold, the current demand(price) is at 101 ounce. yes the current gold price is inflated way higher then it should be due to the horrible non existence demand(gold paper ETF trades).

as long there is paper trade, the actual gold price would actually be extremely inflated since the gold paper(demand) are just like u said, non existence yet extremely high. once ppl realize there is no actual demand for gold the price might drop, which is happening now after bank withdrawal from Gold ETF market.

once the hedge funds start to withdraw from paper trade... historical gold price is at around 44 dollars? add in inflation... at most 88 dollars to 100 dollars...

remember guys, if investor want physical gold they would had get it already. whatever is trading in gold ETF is obviously not interested in physical gold. long term investors would not get ETF paper since they got expiry date and dont forget that most ETF is heavily leveraged, some investors might not even have the money to pay for the full ETF.

anyway everyone got their own theory, whichever make the most money is the truth
  • #24,754
  • Mar 22, 2015 8:47pm Mar 22, 2015 8:47pm
Selling before FOMC was a bad idea.. I was trying to sell H4 bottom-out.. my bad..

yet, that doesn't change my view on a broad level..

My view remains bearish..

I'll create a case-study out of current peak-outs and post on the blog.. will share it here.. too..

Thanks for patience..
Hello World!
  • #24,755
  • Mar 22, 2015 8:51pm Mar 22, 2015 8:51pm
Quoting SkyzerFX
{quote} You both guys are 2 permanent shorts, One calling facts "conspiracy" theory.. Major bottom in 2025???? LoL, you will be lucky, if Dollar will still exists by then.. Can you "stockman" do simple calculations? Do you know what current US DEBT is? Not only External.. Watch that clock, dude: http://www.usdebtclock.org/ Just external DEBT alone 110% to GDP.. And what do you expect by 2025? By the speed is rising that be what? 300 Trillion? More? I'll quote you soon, you said that by 2018 I won't see gold above 1600? Yeah, right. Good...
The thing with gold is, you talk about paper, paper, etc...but when the US and banks have an unlimited supply to naked short and smack down gold, physical will also follow paper.

To me this signal is clearly a bullish wedge, and with gold, ALL bullish indicators are broken down, opposite is true, can someone explain why all bullish indicators are destroyed?

Updated chart here:

Target 1170, smack smack, for 3 years now, bulls should give up already

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
  • #24,756
  • Mar 22, 2015 8:54pm Mar 22, 2015 8:54pm
This is M15.. I bought at 1171

a fella asked why I bought and not sold? @ 1171

That is simple, you go to market to buy, you go when you have money/card..

peakout first.. bottom out later.. I followed the later..
Attached Image
Hello World!
  • #24,757
  • Mar 22, 2015 8:54pm Mar 22, 2015 8:54pm
Quoting ClockTrader
This is M15.. I bought at 1171 a fella asked why I bought and not sold? @ 1171 That is simple, you go to market to buy, you go when you have money/card.. peakout first.. bottom out later.. I followed the later.. {image}
I might create a case-study too.. out of this chart.. so I can explain more..
Hello World!
  • #24,758
  • Mar 22, 2015 8:57pm Mar 22, 2015 8:57pm
Quoting Stockman
{quote} The thing with gold is, you talk about paper, paper, etc...but when the US and banks have an unlimited supply to naked short and smack down gold, physical will also follow paper. To me this signal is clearly a bullish wedge, and with gold, ALL bullish indicators are broken down, opposite is true, can someone explain why all bullish indicators are destroyed? Updated chart here: Target 1170, smack smack, for 3 years now, bulls should give up already {image}

think he meant that Gold is under value cause the western world(euro, usa) is forcing gold down by selling paper gold cheaply while they are selling away their physical gold reserve to China, India, Russia etc etc... cheaply....? not sure why they would devalue their own reserve... or even sell cheap paper/physical gold to another world power...

but who know? maybe they are right... the western world might really be selling away their gold reserve cheaply to boost their currency which they are actively trying to devalue in the ....... first ..... place.... ... .. .?
  • #24,759
  • Mar 22, 2015 9:04pm Mar 22, 2015 9:04pm
Yeah, now you have Goldman and all those guys fixing the price. it's gonna be $800/oz in a months.
  • #24,760
  • Edited 9:34pm Mar 22, 2015 9:22pm | Edited 9:34pm
Quoting Stockman
Yeah, now you have Goldman and all those guys fixing the price. it's gonna be $800/oz in a months.
most of the time companies try to mark up the price so that they can sell with more profit like what Saudi had being doing with the oil market before USA join in...

i foresee a 10,000 USD gold per ounce in a week time if goldman sachs are allow to do whatever they want in the gold market haha

here is how the hunts brother manage to crash the silver market...

http://en.wikipedia.org/wiki/Silver_Thursday
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