Gold Triple Top Price Collapse Soon!!

Quote from optioncoach:

100 points too early on your short. That is a lot of heat to take. I assume your approach right now is to Martingale it and wait for it to come down eventually... yeah that might work...
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Take it from me: Martingale is for real
 
Monthly, Weekly, 2 hour, 1 hour, 30 min, 15 min, 10 min, 5 min, 2 min & 1 min charts were bullish so I went long near $880. I don't care what I think, what's important is what charts show. If I am wrong, then my stop is my friend, not my conviction.

JReynolds, if you Martingale betting against the trend and keep at it chances are you will wipe out your account before you know it, but good luck!

Edit - Trade's been scaled now
 
Quote from jreynolds212:
I shorted more on the uptrend when Cramer stated that Gold would go up forever. I was a little early on my short previously, but I am not wrong. I am averaging up and going to get this one right.
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Because as we all know, we trade to be right, not necessarily to make money :D
 
Quote from jreynolds212:

I shorted more on the uptrend when Cramer stated that Gold would go up forever. I was a little early on my short previously, but I am not wrong. I am averaging up and going to get this one right.
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I'm so glad there are people like you giving money away in the markets, it just makes it so much easier to make a living doing this. In all seriousness though, your a peanut. Let me state another thing - Yes! you are wrong. But keep trading against that trend, you'll get it right....once.... if you've still got any money left. Fool
 
Quote from jreynolds212:

How can we convince you? Gold is about to fall!!! A wild dump. The dump is here, its now. Its only begun!
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time to go long again i guess!

support is strong in the 880-890 region
 
I am short now, don't know whether it's right to buy here, ImO that would be early

I would be looking for a long near 888-880 area (April contract), providing there is a long set-up present

Scaled out for $1+

faking, holding 1/3
 
Bounced right off 888, I will be a buyer tomorrow/tonight if opp comes up, this now starting to look like a lucrative r:r zone, buyers came in at 61.8% hit.
 
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