Retail orders can not be dominant.

Great answer.

Exactly right, he should not listen to you at all.

What is happening is of the foremost importance, not what we are thinking as individual trader. I Therefore said "I think", "it might". I never spoke about knowledge (unwanted for who ? You ?) but rather about my opinion and that everyone has one ...

I congratulate you on your money management and 3/4% for a long term position (investment) is very reasonable, depending on your other investments and their correlation of course, but I believe you got that, also big reward versus risk is the key in ...

If I was sure like you I would bet big, but what I have learned in years of trading is that after all "what we know is that we don't know". Why otherwise would the most succesfull traders only risk 1 to 2% per position ? Because they just have clues ...

I never said fundamentals didn't matter, I said it all depends how most traders interpret the fundamentals. Also I never said to buy gold and I didn't buy gold for the same reason I never said to buy.. I said that bad us numbers might mean strong us ...

Gold is not my favourite asset, I trade it rarely. I prefer SP500 but mostly major currencies as I am a swing trader. But yes lately gold has been quite volatile and I feel sorry not having catched this 8 days momentum :-p

Yes and no. You guys getting an argument over who is right and who is wrong is non-sens, it just all depends of the masses, if most traders think like you then the market will move down, even though you might be wrong on the fundamentals. Numbers ...

You are right. What I meant is that we could have a nice retracement on shorter time before it goes back down as the monthly chart suggest. So depends what kind of time frame trader we are really and also if we do trend, range or swing trading. I am ...

If you trade on monthly or even weekly chart, yes. Otherwise it doesn't mean that there isn't gonna be a retracement to bank in.

Exhibit B : Peoples like Expo33. Exhibit C : Disregard exhibit A. Exhibit D : Profits in trading are only made by anticipation.

When things in the US are smelly, it's like dominos. So traders switch their holdings to USD nominated assets or currencies because it's gonna be safer than holding any other currency where the bad US economy will hit. Which is basically the whole ...

When things in the US are smelly, it's like dominos. So traders switch their holdings to USD nominated assets or currencies because it's gonna be safer than holding any other currency where the bad US economy will hit. Which is basically the whole ...

It's because bad US numbers means badder datas to come for the rest of the world's economy. USA being the first economic power, trading being about anticipation, most money backed up USD because they anticipate a drop in all the "risk on ...

I think strong USD has much to do with it.

I am also having a close look at gold, waiting to see the daily close but I am waiting for a long. Doesn't look good so far, gonna have to wait monday close.

Yes, the big players wait for dips or tops because it's where most of the dumb orders are. They then can be counter part which allows them to unload their very big orders with minimal slippage.

Exactly ! Best way to buy huge amounts of USD without much slippage is to buy the sell.

Well if they are, they would go against what retail traders would do, selling USD. We can't blame them to go against most of their clients, as a market maker, because most of their clients are dumb retail money. Nothing illegal, they just get their ...