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. I am making this call because we just corrected down to the 7 day moving average on a positive trend that began at the beginning of 2012. SuperCycle, can you please make your calls with this level of precision? It might give you more credibility. Oh, and if I prove to be wrong, I will admit it!!
By the way Cycle, your 1753 entry on XAU is complete BS. You noted that on ET a full two hours AFTER (about 10:10 EST) it had fallen far below 1753. I think you're full of it! And now I see it on your blog? It wasn't there as of noon EST. I'd love to see you actually post your real trades on ET. Come on, show us the real transaction.
I have long suspected that he may be posting phony forex trades after the fact, it seems to be one of the easiest areas to do this. Even if we give him the benefit of a doubt, and assume they are real trades, there is no use in receiving calls two hours after the fact on such an instrument. If the point is to build a reputation as a trader and get hired in some way, his communication skills on all of this are severely lacking. His posts and blog should reflect more on what real traders need and what is useful. I'm not seeing much evidance he knows what this is. Which is why I suspect he doesn't really trade.
We'll see what he has to say. I trade XAU/USD almost exclusively. I therefore take his earlier call just a bit personally.
I agree. I can not prove anything but i suspect that he is the same person posting as "tradingjournal". They both seem to always post more bearish stances and post things after the fact. They also both seem to post around the same time of day and color their rhetoric much the same way by accusing certain people of being "trolls". They also both try to claim they knew what they were doing after the fact yet make no definitive trades or stop announcements. In fact neither of them has shown any evidence that they actually trade and their "calls" are completely UNTRADEABLE. Finally, they both also call each and every little turn of the market,...every wiggle. Then 15 min later reverse their "call". Just my 0.02. I am sure one or both of "them" will post on here and deny what I am saying and even call for some sort of erasure of my posts but... who gives a shit really. If he likes to have fun posting stupidity and making himself look dumb "in STEREO" then I guess "you gotta do what lifts your skirt"
Feb 4 2012 GS whilst referring to XAUUSD states: bone foolishly states: 'You are confused. I am referring to the next leg down, not a short term trade' Dude, I said it weeks ago and it bears repeating: I would expect a correction around 1370ish, but in terms of a "next leg down", please take another bong hit. bone aka www.spreadprofessor.com has made a serious error. He didn't realise I was referring to XAUUSD and misquoted me just like Nine_Ender Oh dear. bone aka www.spreadprofessor.com your paying clients deserve better commentary than this display of gross incompetence. I await your response with an apology.
A classic characterisitic of the narcississt: the uncanny ability to conceal their own lies by rendering confused anyone disagreeing them. Cycle, you have willfully organised your calls in such a way as to appear right no matter what anybody sais. Your calls are so vague that you can change the conditions of that call at any moment.
SP500 weekly chart megaphone patterns show overextended price action has reached extreme levels. Megaphone patterns reflect an unstable market prone to large swings in sentiment. Please note I did not initiate the conflict with Nine_Ender. Nine_Ender is solely responsible as he/she chose to troll my threads and stalk me. Stalkers are creepy and need help. http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767 http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
Uh oh! Now they've reached "extreme levels"!!! Poor Cycle's getting desperate. Drawn down your account a little too much, have you Cycle??? LOL! Ok, now I'm convinced the S&P is headed to 1400!
I think Grand_Super_Cycle is preparing a prediction of a Giants win of the Super Bowl. Should arrive within the hour for those who like to wager on football. Please note I did not initiate the conflict with Grand_Super_Cycle. Grand_Super_Cycle is solely responsible as he/she posts money losing ( sometimes absurd ) calls then refuses to acknowledge them. Followed by malicious stupid attacks on those who hold him accountable.