SunTrader

When it comes to trading there is no such thing as "will". And especially when the majority believe it to be the case and it doesn't happen. Then the conspiracy theories abound.

More of what? Rates are basically zero. They can't keep loading up bonds on the balance sheet. What credibility they have left would be shot. That doesn't leave anything more than what I said: buy other types of debt such as mortgage backed securities.

That might be so. But what I am hearing is that, other than buying mortgage packed securities, there is nothing further the fed can do that it hasn't already done. So other than flight to safety, which is a very good reason, I don't see a reason for Gold to go higher. Commodities collapsing so no real inflation. Deflation sure is a possiblity. The Euro collapsing which strengthens the dollar, swissie and yen. But not really Gold. Just my

More like down, down and away.

So you know that it will?

Hey wazzup! On the EURUSD thread I guess? Which I haven't been to in a dog's age.

Depending on the timing, I would think.

As they say.... money talks and ........ Recognize the prose ?

The details of my life are quite inconsequential... very well, where do I begin? My father was a relentlessly self-improving boulangerie owner from Belgium with low grade narcolepsy and a penchant for buggery. My mother was a fifteen year old French prostitute named Chloe with webbed feet. My father would womanize, he would drink. He would make outrageous claims like he invented the question mark. Sometimes he would accuse chestnuts of being lazy. The sort of general malaise that only the genius possess and the insane lament. My childhood was typical. Summers in Rangoon, luge lessons. In the spring we'd make meat helmets. When I was insolent I was placed in a burlap bag and beaten with reeds- pretty standard really. At the age of twelve I received my first scribe. At the age of fourteen a Zoroastrian named Vilma ritualistically shaved my testicles. There really is nothing like a shorn scrotum... it's breathtaking- I highly suggest you try it.

Uh huh. .

You have to have a million to put up a million. I suppose you provided proof you have a million - and if so that you can put up at any moment, huh?

Major money center banks dwarf retail traders manifold.

Well then how about Gold is set to close down for the month, the 4th such month in a row. The last time it did that was the year 2000.

I think this discussion is more appropriate for babypips dot com.

Shark jumper spotted.

True. I am curious of most things and skeptical of all things until proof, or as close to proof is possible, shows otherwise. I was born at night, not last night. Actually 6 in the morning.

You didn't say it but I will .... another reason, since most claims by others are dubious, at best. Not to be taken by anyone in particular as referring to them, but what the internet age is famous for.

Never said anything about mechanical though.

I see current resistance there at 1.26xx but not prior support. Unless you are looking waaaay back to January.

Short cover rallies are vicious - especially in Gold. More, more, more downside to come IMO. After correction up to 1610-1620 area.

"But if there is, it's escaped the attention of any rigorous academic study on the topic that we've come across, especially for stocks." Didn't bother reading beyond this line. Academics don't live in the real world. If they can't measure and quantify something, in their minds it doesn't exist. My trading account says otherwise. Many others as well.

Maybe the buyer was only willing to purchase once price dropped into gap area open from last October :hmmmm: :

How does one do that? It is easy enough to say high volatility follows low volatility follows high volatility round and round. But timing is everything.

More times than not, volume follows - not leads - a breakout.

Yes I agree, I was kidding previously about 1000% agreement. Nobody likes to think negative and to suggest to someone that they should accept their losses as part of the business of trading is heresy. To the naive that is. They can strive for 90 something % winning trades. Let winning trades run, cut losses short will outlast those looking for perfection.