Market Outlook

[Lucrum]

Quote from luisHK:

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

 

[GrandSupercycle]

DOW weekly chart megaphone shows recent price action converging towards apex for a break out in either direction.
Fluctuating European hopium vs pessimism and EURUSD / USDX movements may determine equity outcome.

Important information regarding 'Nine_Ender'
http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767
http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449

 

[luisHK]

Quote from Lucrum:

Care to give further input ? I've checked another year and it worked as well, will go further back when I get more time - but if this indicator has been proven wrong on daily charts, thanks for pointing me (as well as others interested) to relevant studies.

 

[GrandSupercycle]

EURSGD daily chart gives bullish warning
EURCAD daily chart gives bullish warning

 

[newwurldmn]

Quote from GrandSupercycle:

DOW weekly chart megaphone shows recent price action converging towards apex for a break out in either direction.
Fluctuating European hopium vs pessimism and EURUSD / USDX movements may determine equity outcome.

Important information regarding 'Nine_Ender'
http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767
http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449

Grand threw in the bear towel.

 

[SimpleTrades]

Quote from GrandSupercycle:

DOW weekly chart megaphone shows recent price action converging towards apex for a break out in either direction.
Fluctuating European hopium vs pessimism and EURUSD / USDX movements may determine equity outcome.

Well that's progress. Atleast now, with fancy words and graphs, you're admitting you don't have a clue.

I too can post this is three places. Watch me.

 

[SimpleTrades]

Quote from newwurldmn:

Grand threw in the bear towel.

He's a fantastic negative indicator.

Time to change my position to bearish?

 

[GrandSupercycle]

GOLD + SILVER downside still expected.


"Grand threw in the bear towel."
ROFL!
Which retard said that ?
It sounds like another Nine_Ender fabrication.


Important information regarding 'Nine_Ender'
http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767
http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449

 

[SimpleTrades]

Quote from GrandSupercycle:

GOLD + SILVER downside still expected.

Hope so. Want to get deeper into my long, but not at this price.

 

[GrandSupercycle]

Gold bearish bias continues.

bhardy307 why are you still long ?

bhardy307:
02-03-12
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.

bhardy307:
02-07-12
Get out of your short on XAU, cycle!
You're losing all of your imaginary profits.

bhardy307:
02-07-12
Still long on the 1726.22 entry.
You gotta love that "GOLD and SILVER leg down"!!!