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Where do you find the time to post so much? AND to find and upload the relevant pictures and videos?
I admire your work ethic and expansive knowledge, but this is ridiculous.
This thread has turned from interesting to read to all about good old fibo_trader the 'stupid person' ...posting complete crap as usual ban fibo_trader from t2w and let the community enjoy the site
ban fibo_trader from t2w and let the community enjoy the site
you have confused quality with quantity
Been with T2W many years, off and on.
It used to be a bit of a bustling place, lots of great ideas, people, huge volume of activity.
Seems to have died down over past couple of years.
Could be me. I am no longer a wide-eyed newbie looking at everything with wonder.
I know what I am doing, found my niche, plodding along at my own pace, understand my own mind, and my method.
(if Fibo asks, say I am a losing trader!)
Most of the threads are mostly political threads. Nothing wrong with that. I like a good bit of meaty banter, as background chatter.
Some long-standing trade-focussed threads: NVP, FTSE Futures thread, Point and Figure (I like that one, but not entirely sure about its intention. Again, thats me, not them) Delta thread is being maintained mostly, but less and less.
But, its mostly become a bit of a backwater. Am I missing something?
Are all the cool kids hanging out elsewhere?
What is T2W today? What is its remit, focus, and which niche is it aiming for?
Done trading, got my pips.
Off to climb the Wrekin. Full moon light being washed out by sun. Lovely. Serene. Back for lunch.
(This could be a handsome trade. It is definitely not an 80/20 trade, i.e. it is not a trade where stuff lines up in your favor. Its a son of a gun trade because niemand/nobody will be expecting it. If anybody takes it, you must be ready to TP around $1394 by placing real time trendline under price on 15 min. timeframe)
What if Goldie (Spot Gold) fools everybody and makes a sudden dash to close to $1,394 from current $1284.4?
I ask the question becaue the upwave in Gold from August 2018 low is a total screwball, an asinine, hovine, bovine wave. Its soooo screwy it gives me a headache. But would I give any importance to the first rise from Aug 16 to Aug 28 (a 9-day move north, a sort of a mini wave)? I would. Nobody else would. But I would. Why? Because it looks like a tiny 3-waver, the signature of a FUNKY move. If Goldie is telegraphing me that she is starting out with an abc, then the move north is not finished as we still need a wave 5 up.
Hence the suspected aborning dash to $1,400 area ($1,394)
What's a fella to do in the midst of such trickery? I'd say, "go down to basic-basic, dig in there, then start deriving forward" So I placed 2 trendlines. If Goldie breaks north we're on. If south then as usual I'm just a vagrant.
Time will tell.
View attachment 263148
Interesting. I see a cup & handle formation on GC weekly and my projection for EOY is roughly the same as yours. I am wondering if the FED cutting rates will be the catalyst.🤔
View attachment 263149
you have confused quality with quantity
GOLD:
Summary of my Gold trade and CALL in direct opposition to ............
(1) The entire CENTRAL Banks worldwide
(2) The entire world of Small traders and Speculators worldwide -
(3) new_trader who has his entire life savings in Gold (203oz) + Silver (2020oz ). He states, Gold is going to be my "Jesse Livermore" trade...I will either go bankrupt or make a killing...although I'm not using any margin, I'm buying outright... "
Read about it here in posts #410 & #411 in Journals ..... ....................... https://www.trade2win.com/threads/es-trading.93396/
---------------------------------------------------------------------------------------------------
August 27:
Post #814 .................. GOLD LONG trade is now CLOSED ................... $1552.3
August 27:
GOLD position is now 100% FLAT. NO Short has been opened. Resting now and breathing the sweet perfume of trading success.
FLAT FLAT FLAT GOLD
August 27:
Gold has been in a bear market rally since Dec 2015. Its been a sideways up process, a clear corrective pattern which includes a "B" wave. That is my stance. Therefore the entire upwave bear market rally will be thoroughly neutralized and we will head to my target of $700 over the next few years.
August 27:
All I know right now is that FIBO stands alone closed out his LONG positions while the rest of the world every single mother's son including most central banks are LOOOOOOOOONG Gold and swearing it will go to $5000.
Fibo is as usual all alone, no friends, they are all on the Gold wagon. Gold sentiment of the crowd is soooooo optimistic its at 94% bulls
Sept. 9: Gold is now down by $40 since I SOLD. Its going my way as my call is eventually in a few years it will be at $700, then buy buy buy. I have not gone short yet.
Sept. 9: News is now out in circulation that the SMART MONEY aka Commercial Hedgers has reached historic record SHORT positions in Gold. For the fellas who have no clue who these commercial hedgers are, read up on the subject and go see the COT charts. This means that when I sold my GOLD position it was near the time when the SMART MONEY had the largest short postions in Gold, EVER. So if Gold continues down it will not surprise me becasue History suggests the Smart Money Commercial Hedgers are rarely if ever, wrong. So we wait and see.
This video just in my mailbox again today ....................
You Won't Believe What the Smart Money is Betting on Gold - Leadingtrader.com
By Alessio Rastani – 9th September 2019 Continue readingwww.leadingtrader.com
The GAMES in GOLD begin NOW
Hide and watch!
Good luck to all players. I've made my massive profit already and am on the sidelines now waiting to go Short when I get a good signal. Will post the entry when it happens.
Case in point (prescience): STARBUCKS
On July 8 I called the Starbucks top in questioning it. I could smell it. Here's what I wrote on July 8, 2019, just a mere 2 weeks before Starbucks actually gave me the TOP ..................
Some big atomic pile driver is going to drop on Starbucks head soon. When this happens the Media is going to be abuzz with "look how the News caused Starbucks to drop like a stone"
No baby, it was PRICE foretold sh*t was coming down bigtime. Then the useless Media loaded to the hilt with teleprompter readers with IQ no greater than 80 and dressed in fine clothes talk crap on the TV and impress the masses.
Welcome to Planet Earth! LaLaLand. And they say we are the only Life in the entire Universe, hahahahahahaha. We're f*ckd
PRESCIENCE formula that works like a charm for Fibo:
Do the work, work like a mother, I know when I have hit the end phenomena of working HARD. I know it and can feel it. With the tank totally empty of juice and none coming in I know I've reached my earthly maximum. I always redline before going to THE MAN. I look upward and throw the request with full intention that it will be honored. It always has been. Inspiration usually came-d in within 48 hours.
No a single analyst was really even remotely bearish Starbucks. They never dreamed it could possibly top. But Fibo knows WAVES.
The top came July 26, 2019.