SA Market Forecaster Gold Trade

[MKTrader]

From cnbc.com, 5:04pm EDT



Gold / US Dollar Spot (XAU=:Exchange)

Real Time Quote | Exchange | USD
Last | 5:04:00 PM EDT
1,501.05
+27.18 (+1.84%)


LMAO!

Down like $10 from the daily high...maybe SA can claim another "Nailed the gold drop" LOL

 

[MKTrader]

WHY do counter trend aka kamikazae trading?
Gold has been very bullish with many long blue candles over the past few days.

You can still short gold but that's only for day trading, not swing trading.

I don't know, but whether using astrology/Gann or more standard things (support/resistance), I've noticed people who try this ultra high reward/risk trading usually prefer countertrend. Sounds great on paper...40 point stop and 220 point target...until you realize all your losses more than make up for a very rare big win.

 

[Overnight]

My post count just hit 8,000. The NQ is about 450 points below that. This means that if the next new moon is a black moon, you should fade my post count on NQ another 250 points, because with the sun now in the house of Leo, and lions are a fire sign, yer gonna' get burned if you do not take my call to do exactly the opposite of what I think someone else should do.

 

[MKTrader]

My post count just hit 8,000. The NW is about 450 points below that. This means that if the next new moon is a black moon, you should fade my post count on NQ another 220 points, because with the sun now in the house of Leo, and lions are a fire sign, yer gonna' get burned if you do not take my call to do exactly the opposite of what I think someone else should do.

Maybe people can subtract their age from their weight to determine how big of a stop to use. After all, we're using science. No guessing!

 

[Overnight]

My post count just hit 8,000. The NW is about 450 points below that. This means that if the next new moon is a black moon, you should fade my post count on NQ another 220 points, because with the sun now in the house of Leo, and lions are a fire sign, yer gonna' get burned if you do not take my call to do exactly the opposite of what I think someone else should do.

(And for all you silly folks who do not get it, this is pure sarcasm. Oh now how are the days that we have to put disclaimers in our posts, lest the unwashed take it as gospel.)