bhardy307, Why are you still long Gold ? It's now 1724 Bearish bias continues and further downside awaits. I guarantee it Still short.
I am nowhere even close to the 1650 stop I have set. 1800 by Friday is looking less and less likely, I must admit. However, look at the day chart. Something significant needs to happen to push it below 1700. There's quite a bit of resistance in that 1705 to 1735 range. I think we may both be wrong. Looks like its going to be stuck in that range for a while. I've been scalping it in both directions for the last few days and have managed to cover my losses on the primary trades that I have published on ET. Overall, my net XAU trading since we began arguing is actually positive. So, I can afford to be patient for now.
Huh ? What exactly did I do ? BTW, the market is open *well before* the SP500 cash index opens - which you wrongly interpret as the 'market' Do you know what it's called ?
'market' is a generic term to describe many different things that one might be trading at any given time. Atleast, that's how I use the word.
You went from bullish to bearish over like 2 hours. No one takes the e-mini's on globex seriously at midnight. Yes it's tradable, but it's not relevant. If you want to call equities intraday at midnight, call the Nikkei or HSI.
Sound familiar ? When will March 2009 lows be breached ? 19 months later and where is this "more pronounced downturn" ? What were those tops in August 2010 that you called in SPX and many commodities ? How far has the US$ rallied from then ? We need to drop one hell of a long way for this guy to even break even on his trading ideas. Oh I know, he says they are just ideas and not actual "trades". The "trades" he quotes are usually forex where he lists prices after they move and never issues a closing trade in real time. Ignoring the "trades", there is irrefutable evidance that his market calls are horrible. Rarely has someone called markets this badly and continued to reiterate his same calls dozens of times. So what are the current calls. Apparently, the same calls in August 2010 are on again. Almost to the exact word. Hard to pin this guy dowm but he did say the Dow was topped out first week in December.
My broker does. I don't get any benefit from it, and that's not my incentive. My incentive is to make money and earn performance based fees. My custodians are Interactive Brokers, Fidelity, TD Ameritrade and my FCM is PFG Best. Every one of those charges commissions at their normal rates, but I don't get a dime of it.
Ha! Ha! Ha! Didn't realize till now that I had been added to the list of sockpuppets. Poor, poor, poor, harassed, GrandSuperPooper!!
Yes, that guy's really immature. If he understood the implications of making the posts that he does and the titles of the threads he uses he might have a little more credibility rather than none.