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nice call market surfer

I only bet with the market, all these opionions get you in trouble. I expect a certain outcome and if it is correct, I make money just like my gold trade. I posted that chart a few days ago. Apparently, it was that easy this time. Sometimes when I am confused about a market, I ask my...

My target is 740 over the next few months in the Gold Bear market. I will trade with short bias over that range. For the short term, I am calling for about 20-40 points more immediate downside maybe even this week. We just broke the huge long term support from many months back in a very...

Thanks, I took one contract profit today and still have 2 runners. My profit that I locked in is already amazing. Only the greatest discipline prevented me from putting my whole account behind this trade. I felt so stringly about it.

Really nice work with a starting 2500 dollars. I will maintain these 2 shorts because we have broken down through all recent support. We are about to start having fun:) I agree, If fed does not cut at all Gold will tank so badly. IF they cut .25 but say they wont cut again then Gold will...

I am Short one from 926 a second from 896 and a third from 887. I took profits just now at 872 on one contract. I am leaving the rest as runners. I expect to see 850 this week at least. Good luck all. We have a ton more downside potential. Having 3 short contracts has been a little bit...

I think Gold is headed a lot lower before if goes back up. Technically the chart is Fubar. YOu would have to be nuts to buy and hold here, unless it is a very short term trade. Even with oil banging out new highs daily, Gold cannot even follow. Gold goes up a few buck than gets driven...

JWcapital, It seems to me that your risk is tremendous. If the ES breaks from a trading range. You will lose an insane amount of money. Am I wrong on that assumption? Why not sell the straddle then buy the far away Out of the money calls/puts to limit your risk? Any comments?

Fundamental analysis did people a ton of good on Enron and Bear Sterns. I knew that those companies where sick way before the corrupt assholes destroyed the company because I used Technical analysis.

Charting past and present behavior represent every single assupmtion real or imagined about the current market. That even includes company insiders. Future events are leaked. Unkown events like a terrorist bombing on a pipeline are even leaked. Why do stocks tank before a really bad...

short at 90.5 limit hit. Stop at 93.50 out at break even. I did not like the action.

limit order to sell at 90.5 stop in at 93.

sold 88.25 stopped out -1

out+2.5

long at 82

I respect Stock_trader. I learned alot today. I learned that it is not as easy as I said about making my money in Gold. I have a profit now after sweating a horrible loss which almost stopped me out. Going to stay short for now though

nice trade on that Euro. Gold is thinking about dumping, I thought that the breakdown last night to 980 was it, but it came back.

Looks like GOLD broke yesterday's support. I think it is headed to 876 or lower by end of Friday. I added to my original 930 short at 850. Next target is 840.

IMHO, The chart reflects the opinions/hope/fears/plans of the powers that be. I try not to assume the opinions/hopes/fears/plans of the powers that be. I just do what they tell me to do based on the chart.

This is not an H&S formation? It looks pretty classic. Granted it has not broken down yet, and it might fail. However, If you buy gold you might want a close stop.