Member
Posted 11 August 2016 - 12:51 PM
That is if Y R holding or just posting.
What do esteemed professional technicians call this, frustration or desperation ?
My call for an early week strength in Gold and weakness to finish it off seems to be on target,
no matter what I read elsewhere...
QED
Same situation with Platinum BTW
Edited by tria, 11 August 2016 - 12:54 PM.
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
Member
Posted 11 August 2016 - 03:06 PM
terrible COT report + big O.I. + thin summer mkt conditions + complete ew count =
late bulls go to the abattoir (or slaughterhouse in plain English) and first stunned before slaughtered
Opposite of frustration I suppose is satisfaction and satisfaction guaranteed for those shorting
in the second half of the week, was all written in the notebook many days ago.
I am talking short/med term of course.
Edited by tria, 11 August 2016 - 03:15 PM.
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
Member
Posted 14 August 2016 - 03:29 PM
I am afraid that I can't say anything more intelligent than say that the winners are those people at the beach.
Another trading range week we are facing imo and not much worth trading it.
Given the slightest opportunity my partial short hedges may/will be closed.
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
Member
Posted 14 August 2016 - 03:52 PM
Thanks Tria. I liked your idea of a gold low around 17th/18th
