177 replies to this topic

[punter]

 

added final gold short 1495 area. total 5

 

add final sp long 2898 area. total 4. 

 

 

 

i am short gold and waiting for a decline. there is still a risk of 1508 to 1511 for me.

 

 

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there is a old chinese saying that a failed general in battle is unqualified to speak. so ignore me as I am unqualified.

 

I am still holding on with a view of a bigger decline in gold and a hail mary in sp. afterwhich, I will switch from my short gold, long sp to long gold, short; after doing reverse pair trade for more than 1 month

Edited by punter, 03 October 2019 - 08:13 AM.

[punter]

 

 

added final gold short 1495 area. total 5

 

add final sp long 2898 area. total 4. 

 

 

 

i am short gold and waiting for a decline. there is still a risk of 1508 to 1511 for me.

 

 gold bounce exceeded my estimate. looking and waiting for chance to add one more short; or determine whether this will change into a trend.

[punter]

 

 

 

added final gold short 1495 area. total 5

 

add final sp long 2898 area. total 4. 

 

 

 

i am short gold and waiting for a decline. there is still a risk of 1508 to 1511 for me.

 

 gold bounce exceeded my estimate. looking and waiting for chance to add one more short; or determine whether this will change into a trend.

 

 

still dun think there is a up trend for gold. and i think sp should have bottom. so not adding positions as I am going to bed.

 

I will put in another call. I think gold either crap today or there will be something kind of entry signal tomorrow for me during asia time.

 

good luck....

[Harapa]

wrong place to post

Edited by Harapa, 03 October 2019 - 10:00 AM.

[punter]

wrong place to post

 

Do U mean my horrible gold trades or my total disaster SP long trades?

[punter]

 

added final gold short 1495 area. total 5

 

add final sp long 2898 area. total 4. 

 

 

 

maintaining all positions. still looking for more down on gold and bigger top for sp. will add to short gold when entry is better.

 

 

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waiting for my hail mary move in US markets. last shoe to drop.

Edited by punter, 04 October 2019 - 08:40 AM.

[punter]

i am watching gold 10 day to break 50 day closely.

 

note that sentiment will change to bullish soon. news outlets will start churning out everything is honky dory vv soon.

 

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i also expect HK riots to end soon bcos foreign actors are taking a break. maybe u think i am anti america. I am not. I am using things around me to gauge what's happening. I dun trust ANY governments. regardless of their creed or whatever they say. but if u dun watch the mega trends, u may miss some of the biggest trends. the current mega trend is geopolitical and oversupply of productivity bcos of automation.

 

if u dun understand, there's nothing i can do except wishing u best of trades.

Edited by punter, 05 October 2019 - 01:13 AM.

[SemiBizz]

i am watching gold 10 day to break 50 day closely.

 

note that sentiment will change to bullish soon. news outlets will start churning out everything is honky dory vv soon.

 

====================================

 

i also expect HK riots to end soon bcos foreign actors are taking a break. maybe u think i am anti america. I am not. I am using things around me to gauge what's happening. I dun trust ANY governments. regardless of their creed or whatever they say. but if u dun watch the mega trends, u may miss some of the biggest trends. the current mega trend is geopolitical and oversupply of productivity bcos of automation.

 

if u dun understand, there's nothing i can do except wishing u best of trades.

 

Jobs Report is in the middle of a "sugar high"... soon, we'll see those unemployment numbers soar.

 

The forward trend is dramatic downsizing of labor force, do not believe the Bull $hit you hear about how it will result in new jobs...

 

Sure, one new job supervising the new AI, robotic and IoT work force...replacing perhaps 100 "old tech" humans...

 

This is one huge social problem approaching...

 

and you are correct, most people don't get it, and they will continue to walk around with obsolete models in their heads that won't work anymore...

[Waver]

Semibizz, when do the sweeping changes to the labor force take place?
Definitely not tomorrow.

2 years from now?
5 years from now?
10 years from now?

Probably starts with the mobile transport, like car service and truck drivers?

[SemiBizz]

When?  It's already well under way... it will be realized slowly at first and then when people realize their jobs are gone, and the work they trained for and did all their lives is no more...it will accelerate, because that's going to bring on economic hardship, resulting in reduced demand, and it's a vicious circle from there...

 

I suspect the unemployment number will start to rise slowly and then accelerate rapidly at some point...

 

We're going to have a depression... there's no doubt about that... it is all about jobs