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.
WARNING: bc1 and Nine_Ender are sockpuppets. http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767 http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
Feb 4 2012 GS whilst clearly 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.
Yes the market is over bought. Yes it is near a high. But until it pulls back it is a bull market. Trying to call tops or bottoms will drive you and us nuts. Go with the flow until it actually reverses. I am being careful with my stop limits at this time, just in case of a pull back. I do not ride the market on the down side. I get out near the top. Have a profitable day.
Feb 4, 2012 GS whilst clearly 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.
No, I mean, I get signals to trade short sometimes when the market doesn't seem to be doing anything but going up, and figured you might have taken your own analysis into consideration. It's laughable that he thinks we should blame the gyrations and downward move on him.