Dow Top Call - 11yr formation - part 2

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See previous chart of Gold showing the trendlines.

No change in chart, same thing but the a breakout aborning? I see the Macd trendline being pierced right now. Other factors are the drying up of downside momentum, massive positve divergence on Macd, plus the fact that she rests on the 200 m.a. AND a major fi bo support.

We gotta bust northbound right thru' that trendline as I intimated earlier.

But I could be wrong and if so, there is a lower fibo support at which I can regroup and rethink what went wrong.

I'm not trading goldie but she is very important to my eurodollar analysis.




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Quote from deadbroke:

Ignore list is empty because I don't engage with DIRTBAGS no more.
Lucrum is the only dirtbag left - now added to that list - NOW.
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Reality is a bitch isn't it? LOL

The only place worth talking to you is in FEEDBACK.
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That might be a little tough, if I'm on your ignore list dumb ass. :D
 
Quote from deltastrike:

Why are you short on these?
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Oh he's not, by his own admission, on his profile, he's never made a real money trade in his life.
He just like to make predictions on things he knows nothing about.
Attention whore maybe? Who knows.
 
Quote from Lucrum:

Oh he's not, by his own admission, on his profile, he's never made a real money trade in his life.
He just like to make predictions on things he knows nothing about.
Attention whore maybe? Who knows.
More...

He seems pretty good at calling stuff in the long term. But I take it most people around here think he's full of it because he's not trading any real money.
 
Quote from deadbroke:

See previous chart of Gold showing the trendlines.

No change in chart, same thing but the a breakout aborning? I see the Macd trendline being pierced right now. Other factors are the drying up of downside momentum, massive positve divergence on Macd, plus the fact that she rests on the 200 m.a. AND a major fi bo support.

We gotta bust northbound right thru' that trendline as I intimated earlier.

But I could be wrong and if so, there is a lower fibo support at which I can regroup and rethink what went wrong.

I'm not trading goldie but she is very important to my eurodollar analysis.
More...

In this gold chart, how do you distinguish if this is a resistance line in a triangle about to break to upside, or if it is forming a down channel, soon to break to downwards to lower channel line? I see this same type of situation forming all the time, but the outcome usually seems 50-50.
 
Quote from deltastrike:

He seems pretty good at calling stuff in the long term.
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Would you consider being on the wrong side of major market moves for over a year a "good call", even for the long term? In fact being wrong for so long then finally being "right" is not only useless for any real trading it isn't even a "call". It just coincidence.
But I take it most people around here think he's full of it because he's not trading any real money.
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Which is what separates the BS "calls" from someone assuming no risk whatsoever from someone who actually has an account to trade.
 
Quote from deadbroke:

The stock SHORTS continue. I'm Short both the Qs and AAPL and yes despite the tail-end rally.
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Any stops on these? The lines seem quite arbitrary.
 
Quote from supadavo:

Slaves predict


Kings react
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Yep, dirtbag confirmed

Got a PM from him - here are his exact words


You are cordially invited to

lick the stale salt from my hairy ball sac you shit stain

:) :D
 
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