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Only Gold!

  • #25,581
  • May 14, 2015 9:16am May 14, 2015 9:16am
Quoting SkyzerFX
1222 TRIPLE TOP just got BROKEN Next resistance is around 1300, see you there, $900 hunters LOL
so, how much money did you make? How many percent are you up for week/month?
"The market can remain irrational longer than you can remain solvent"
  • #25,582
  • May 14, 2015 9:44am May 14, 2015 9:44am
Quoting anton.olff
{quote} so, how much money did you make? How many percent are you up for week/month?
For last 3 weeks he changed his mind 3 times, from 2000$ to 900$ and now to 1300$ view. So my guess is, he doesn't have a clue what he is talking about.
  • #25,583
  • May 14, 2015 9:48am May 14, 2015 9:48am
Quoting atom3
{quote} For last 3 weeks he changed his mind 3 times, from 2000$ to 900$ and now to 1300$ view. So my guess is, he doesn't have a clue what he is talking about.
Yes, but he's entertaining.

I added another short (2 low risk trades open). Price action could go higher...1288 would be a wonderful area to short from...though I suspect we are at or near top of range.
"The market can remain irrational longer than you can remain solvent"
  • #25,584
  • May 14, 2015 1:06pm May 14, 2015 1:06pm
Quoting atom3
{quote} For last 3 weeks he changed his mind 3 times, from 2000$ to 900$ and now to 1300$ view. So my guess is, he doesn't have a clue what he is talking about.
I think you read his comment from yesterday incorrectly. He was being sarcastic & has been pretty firm in his view that the bottom has been put in. Short-term he's been shorting London open but longer-term he's bullish.

Or maybe I'm reading his posts incorrectly.
  • #25,585
  • May 14, 2015 3:21pm May 14, 2015 3:21pm
Quoting srt
{quote} I think you read his comment from yesterday incorrectly. He was being sarcastic & has been pretty firm in his view that the bottom has been put in. Short-term he's been shorting London open but longer-term he's bullish. Or maybe I'm reading his posts incorrectly.
Maybe, i dont know, but anyway that spike yesterday was unexpected for me and i had to close a short position on silver on red
  • #25,586
  • May 14, 2015 9:54pm May 14, 2015 9:54pm
no idea what to do tmr...got stopped out again today, i need a drink
  • #25,587
  • May 14, 2015 10:07pm May 14, 2015 10:07pm
Quoting Stockman
Should see another test of 1140 soon, probably next month, keep shorting for a guaranteed smash down on rate hike $800 target end of year.
The PPI wasn't good, rate hike shouldn't be near, unless Fed want to surprise us.

Quoting Stockman
no idea what to do tmr...got stopped out again today, i need a drink
Yea, take a break and have some fun, your head will be much clearer without bias.
The only winner is the one who survive the longest...
  • #25,588
  • May 15, 2015 12:37am May 15, 2015 12:37am
A small hedge fund (black market) operated in my city and surroundings, people invested small and large amounts. Now it appears they have disappeared.. of course with the money.. rough estimates are that the amount was like US$ 6 - 8 million

They were paying roughly 3-5% per month if I'm not wrong. I did not invest in that but many of my friends/relatives did. I always doubted and shared my doubts with investors around me.

My point is that never be greedy and do sufficient back-testing of the opportunity.

Moral, applies to Forex too:
Everyone wants to be rich, the rich want to become uber-rich. The question is that, are you skilled and smart enough to earn more? Test yourself, prove it, only then risk your money.
Hello World!
  • #25,589
  • May 15, 2015 1:00am May 15, 2015 1:00am
Quoting ClockTrader
A small hedge fund (black market) operated in my city and surroundings, people invested small and large amounts. Now it appears they have disappeared.. of course with the money.. rough estimates are that the amount was like US$ 6 - 8 million They were paying roughly 3-5% per month if I'm not wrong. I did not invest in that but many of my friends/relatives did. I always doubted and shared my doubts with investors around me. My point is that never be greedy and do sufficient back-testing of the opportunity. Moral, applies to Forex too: Everyone wants...
Sorry to hear that CT. Its a shame for the poor people. You are from India right? I am wondering if this ponzi scheme is a recurring theme in your side of the earth. How long did it last? I know this is gold only thread so I am happy to discuss it privately.
"Bulls make money, bears make money, pigs get slaughtered"
  • #25,590
  • May 15, 2015 1:08am May 15, 2015 1:08am
Quoting ClockTrader
A small hedge fund (black market) operated in my city and surroundings, people invested small and large amounts. Now it appears they have disappeared.. of course with the money.. rough estimates are that the amount was like US$ 6 - 8 million They were paying roughly 3-5% per month if I'm not wrong. I did not invest in that but many of my friends/relatives did. I always doubted and shared my doubts with investors around me. My point is that never be greedy and do sufficient back-testing of the opportunity. Moral, applies to Forex too: Everyone wants...
sad to say same cases have been seen in pakistan too
  • #25,591
  • May 15, 2015 2:36am May 15, 2015 2:36am
Quoting manosk
{quote} Sorry to hear that CT. Its a shame for the poor people. You are from India right? I am wondering if this ponzi scheme is a recurring theme in your side of the earth. How long did it last? I know this is gold only thread so I am happy to discuss it privately.
Yea mate, I'm from North India. Yea, we often see such ponzi schemes. Govt banned most, so these operate under cover now. It ran well for over 3 yrs, paid like a clock until they vanished with the money.

Being a commercial member, I can't send/receive messages. I had to sacrifice that privilege. If there is something really private you wanna talk, my Skype is: AuroraIN
Hello World!
  • #25,592
  • May 15, 2015 2:38am May 15, 2015 2:38am
Quoting Razi89
{quote} sad to say same cases have been seen in pakistan too
Lack of education + Greed + spare money encourage ponzi scams.

Needless to say people who lost weren't smart enough.
Hello World!
  • #25,593
  • May 15, 2015 5:37am May 15, 2015 5:37am
Quoting ClockTrader
{quote} Lack of education + Greed + spare money encourage ponzi scams. Needless to say people who lost weren't smart enough.
funny thing is, most of the victims are either poor or lower middle class.
  • #25,594
  • Edited 8:07am May 15, 2015 5:46am | Edited 8:07am
Quoting xolvox
{quote} funny thing is, most of the victims are either poor or lower middle class.
This part of India is full of such. Almost anyone from Punjab, INdia is technically rich by American standards when it comes to net-worth. However, lifestyle maybe of typical 3rd world. At least majority of people here are rich by net-worth.

My point about sharing this story was to share how Greedy we humans are, we want more out of our money.. we wanna become rich overnight.. People who lost money here (in the ponzi scheme) and people who lose money coz of poor M.M. are similar. We commit stupid mistakes and guess what? I'm no different.

Fortunately, I've improved a lot lately, but, I still commit mistakes. Nevertheless, I'll make it good.

Trade light and safe, back-test your strategy thoroughly.
Hello World!
  • #25,595
  • May 15, 2015 8:43am May 15, 2015 8:43am
Took out one of my shorts @1210 for profit, the other at a loss as I opened a less than cautious long at 1215. If we get a daily close about 1223-1225, I think we could be looking at 1245-1250 area before June, and possibly 1288-1300 if June NFP is not good.

The U.S. numbers have been terrible this week (looks like recession) and with deflation everywhere (Swiss too), it doesn't look like FED will raise rates just yet, unless things really turn around. A premature rate hike will make 2015 like 1937 and send global economy into Depression II. Of course, the problem is that the FED put us here in the first place and they need to raise rates before the current bubble gets even larger. What a FUBAR.
"The market can remain irrational longer than you can remain solvent"
  • #25,596
  • May 15, 2015 4:39pm May 15, 2015 4:39pm
GOLD going higher.. Keep selling..

Bye, Bye Fed Reserve, game is over,

next stop is $2100 in couple of years.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #25,597
  • May 16, 2015 3:42pm May 16, 2015 3:42pm
Quoting SkyzerFX
GOLD going higher.. Keep selling.. Bye, Bye Fed Reserve, game is over, next stop is $2100 in couple of years.
JUST ONE WORD MY DEAR FRIEND , That is LOL....
  • #25,598
  • May 16, 2015 5:16pm May 16, 2015 5:16pm
Quoting tamoor68
{quote} JUST ONE WORD MY DEAR FRIEND , That is LOL....
Sure I'm LOL - ling since 1973 all the way from $20 to $1900, this time it's going to be

from 1200 to 5000+ at least ( that's conservative target) in the next 5 years.

Then we can LOL together
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #25,599
  • Edited 9:18am May 17, 2015 9:07am | Edited 9:18am
Another scammy act by FXCM, my US Oil positions closed on their own, as visible this occurred on Sunday, see the time.

For some reasons, I have no choice but to use this a/c. Net position was long..
Attached Image (click to enlarge)
Click to Enlarge Name: ss.PNG Size: 20 KB
Hello World!
  • #25,600
  • May 17, 2015 11:33am May 17, 2015 11:33am
hi guys
I want your opinion
who's the best broker to deal with and any body tried hotforex

of any body can give me the best broker
that will be great
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