Market Outlook

[SimpleTrades]

Get out of your short on XAU, cycle!

You're losing all of your imaginary profits.

 

[newwurldmn]

Quote from bhardy307:

"Oh Dear!"



Do I detect a hint of playful sarcasm?

Me sarcastic? I'm about as sarcastic as Grand is likable.

 

[euclid]

Quote from newwurldmn:

Dude. It's overdue! When the selloff happens, it will have happend and Grand has called it.

Grand is smart. Remember he called the crash of 2008 (in 2005) and the end of the bear market rally of 2010 (in 2004). All he didn't know were the dates, the levels, and the magnitude.

Reminds me of Grand's blog. "The proprietary indicators I use can identify trend changes before they occur"

 

[Mvector]

http://www.bloomberg.com/video/85818000/

 

[SimpleTrades]

Quote from GrandSupercycle:

GOLD and SILVER leg down continues.
bhardy307 why are you still long gold ?



bhardy307:
02-03-2012
Went long on XAU/USD at 1726.22. Stop set at 1650. This is a multi day hold. I expect XAU/USD to go above 1800 in the next couple of weeks.

GS:
02-03-12
XAUUSD short 1753.09

GS:
02-06-12
Gold and Silver downlegs begin.

GS:
02-06-12
bhardy307
I suggest you pay more attention to your own (losing) trade which will continue to go against you.
Trust me.

Exited my 1721.90 long entry at 1744.90. Still long on the 1726.22 entry. You gotta love that "GOLD and SILVER leg down"!!!

 

[newwurldmn]

Quote from bhardy307:

Exited my 1721.90 long entry at 1744.90. Still long on the 1726.22 entry. You gotta love that "GOLD and SILVER leg down"!!!

Good trade.

 

[SimpleTrades]

Quote from newwurldmn:

Good trade.

Thanks; probably should have held on to it, but I hit my overall profit target for the day. Decided not to push my luck. The other is a multi day hold with a target above 1800. -20 trailing stop after that.

 

[Nine_Ender]

Quote from GrandSupercycle:

USDX intra reverts to bullish.

AUDUSD intra gives bearish warning.
(to hinder fabricating misquoting trolls last price is 1.0725)

AUDUSD now 1.0792

Even given your tendancy to backdate entry points to your advantage, you are underwater on this trade.

 

[Nine_Ender]

Quote from bone:

What a competent statement. Thanks for the price level, your profit target, your stop-loss level, and your relevant timeframes for the trade. Vague enough to continue this embarassing charade.

He's lost money on pretty much every single "trade"/call this year. This is almost impossible to do, unless you trade on a severe bias or a strategy that is unsound.

His main strategy seems to be go short against any rapid trend up. His bias is clearly negative about markets, commodities and positive about $US for two years now. These two combined are the only way somebody can be almost 100% wrong for 6 weeks.

 

[luisHK]

Quote from N54_Fan:

Seriously...I could show you countless charts that show MONTHLY, WEEKLY, DAILY all BULLISH. In fact here is a simple yet effective EMA crossover I use for MONTHLY charts that has been EXTREMELY relaible over the last 20 years. Have you been this accurate? Notice the SELL signal in 8-2011 and the BUY signal in December 2011.

I realize the month just started but to say it is bearish is just plain stupid.

What's wrong with this indicator on daily charts ? I just checked ona couple etfs and it worked quite well over the last year.