We were talking about XAU because in the other thread TwitCycle tried to claim he entered a short at 1753 long after it fell well below that price. This happens to be something I trade all the time, so I nailed him on this lie. He was tormenting me for a while when I entered a long at 1726 and 1720. I've since taken some profits. Anyway, just another example of his fake, deceitful, and ambiguous calls,
Dr. Doom is BULLISH! http://www.cnbc.com/id/46296487 I hereby join with Mr GrandSuperCycle. I am calling the top.
Bah! The key is he thinks things will cool off in the 2nd half. He'll call the top during the summer doldrums in July or August, and then get carried off on his sword during the first big breakout in September. That's a movie that got played nicely back in 2010, as I recall, with a few "traders" right here on ET.
Oh I see, you mean something like this: "The proprietary indicators I use can identify trend changes before they (don't) occur." - 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 obsessive stalker 'Nine_Ender' http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767 http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449