certainly is..... would be the last place i would look risk off for the time
The Really Useless Thread
- #151,323
- May 16, 2017 12:28am May 16, 2017 12:28am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
{quote} 1430.xx sisse
I wonder what gets us there. Maybe a trump induced risk-off may get us there even in a violent short term swing.
hopefully, as I loaded on the recent low after it failed to break.
- #151,326
- May 16, 2017 2:20am May 16, 2017 2:20am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
{quote} but thats the mid term target right? I wonder what gets us there. Maybe a trump induced risk-off may get us there even in a violent short term swing.
--> This is set to become the first major DT 'faux pas' we have been waiting for since day one. The news has spread and spreading fast beyond US national politics and is being covered globally. He will have a very hard time shaking off this one without sever collateral damage with only alternative to be war (odds exploding to the upside for the summer after this news) to create a buffer and distraction.
--> Whatever the case, as we discussed, Treasuries and Bonds led started moving in the background last week while sending major signals that something is cooking in the background.
--> On your ???? Yes, that target it's the final extension target I got in Gold but its unlocked and within shooting range from the inflation front since Q1 2017. There are critical outlook updates coming today in Dollar, Gold and to lesser extend Yen*.
====
I wont update them live in the thread since I don't want to disrupt the conversation flow it's taking place in the thread this week that is rather very technical and very micro term oriented. I will keep sidelined from making macro analysis and major flows comments in general and in the Euro especially to give some space to @Pharm0r and others to do it in their own terms.
So without a major blow out in the markets, wont be saying much except small chatter and questions if any this week so feel free to drop me a line via PM if you want to discuss Gold in details.
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
- #151,327
- Edited 3:23am May 16, 2017 2:49am | Edited 3:23am
- | Joined Dec 2014 | Status: Trader | 503 Posts
{quote} exactly, now its on the news org to prove it. Otherwise, just more ammo for Trump. Makes the news stations that attack him look like they are on a witch hunt (many are)....but their issues are self perpetuating every time they put out a story with nothing to back it up... I'm not saying anything others aren't already saying, even in the media...yet they continue on
It seems they sit on these kind of made-up/fake news stories then pick opportune times to unload them, blowing them up by sheer reach of their connectivity coupled with partisan hysteria. The latter helps you forget that it's basically just anonymous sources saying Trump bad/Russia bad or something along those lines.
One particularly graphic example of the cynical timing of, what I believe is an increasingly dangerous MSM leading the USA into a soft civil war, was Trumps well received speech to Congress. At the risk of the country uniting and coming together they conjured a Jeff Sessions story out of the thin-air, ignoring context and blew that up too.
The facts/substance/context don't matter when you have all organs of control singing from the same hymn sheet and fueling a hyper-partisan base.
{quote} I think we crossed the line of no return this time. --> This is set to become the first major DT 'faux pas' we have been waiting for since day one. The news has spread and spreading fast beyond US national politics and is being covered globally. He will have a very hard time shaking off this one without sever collateral damage with only alternative to be war (odds exploding to the upside for the summer after this news) to create a buffer and distraction. --> Whatever the case, as we discussed, Treasuries and Bonds led started moving in the...
I was just about to say that Sisse stepped away. I figured he was sensing some changes going on in here.
Hopefully this isn't the end of what was once great.
{quote} I was just about to say that Sisse stepped away. I figured he was sensing some changes going on in here. Hopefully this isn't the end of what was once great.
I generally think that the thread is going in wrong direction. Im not denying freedom of speech to anyone but as far as this was a place to share more complex FA supported by TA it was awesome. For a few weeks now we have been just getting drowned in an confusing amount of various posts far beyond proper FA. Maybe would be great if some could think twice if this is the proper thread to post. There are definitelly better ones for micro technical trading.
- #151,331
- May 16, 2017 3:53am May 16, 2017 3:53am
- | Joined Aug 2013 | Status: "Don't follow me i'm already lost " | 1,136 Posts
Re-Incarnated
- #151,333
- May 16, 2017 4:14am May 16, 2017 4:14am
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
{quote} I generally think that the thread is going in wrong direction. Im not denying freedom of speech to anyone but as far as this was a place to share more complex FA supported by TA it was awesome. For a few weeks now we have been just getting drowned in an confusing amount of various posts far beyond proper FA. Maybe would be great if some could think twice if this is the proper thread to post. There are definitelly better ones for micro technical trading.
- #151,335
- May 16, 2017 4:53am May 16, 2017 4:53am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #151,337
- May 16, 2017 5:08am May 16, 2017 5:08am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
- #151,339
- May 16, 2017 5:11am May 16, 2017 5:11am
Please do not mind me starting this discussion, it is my first post too, so thanks for having me.
Imo you are putting the cart before the horse.
USD is only better because it is a mature market where rich are rich and poor are poor... btc on the other side of the coin attracts both rich and poor, skewing everything.
In terms of platinum, why doesn't that take golds place? I think you are forgetting that gold has a huge network effect, any element could in theory have the same one.. technically... but gold stuck; people are not understanding how much of a big deal first movers are in relation to network effects.
Game theory.. maybe the FED will change their policies based on bitcoins success?
----------------------
Also in spirit of keeping things on the same path, here is my gold trade with first target at 1352.15
Best w
{quote}To wrap it up, a instrument that fly 7% in a 5 minute bar every second day is EXACTLY the opposite an instrument for evaluating risk. The wild and largest moves in BTC over Gold actually confirm this rather than making BTC a good benchmark for risk. sisse .
USD is only better because it is a mature market where rich are rich and poor are poor... btc on the other side of the coin attracts both rich and poor, skewing everything.
In terms of platinum, why doesn't that take golds place? I think you are forgetting that gold has a huge network effect, any element could in theory have the same one.. technically... but gold stuck; people are not understanding how much of a big deal first movers are in relation to network effects.
Game theory.. maybe the FED will change their policies based on bitcoins success?
----------------------
Also in spirit of keeping things on the same path, here is my gold trade with first target at 1352.15
Best w
- #151,340
- May 16, 2017 5:25am May 16, 2017 5:25am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight