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Re: RainerRocks post# 10299

Friday, 07/01/2016 2:57:22 PM

Friday, July 01, 2016 2:57:22 PM

Post# of 13240
hello how are you been??? i really hate the way miners and gold are trading.....after brexit vote, madness market began to sell off every single index and of course and with logic gold was up....3 days in a row the market has recovered and gold is up even more... except the British pound, which one gold follow when gold want, is not all the time as usual....my theory is that us goverment want gold price high and that's why there is a lot of advertisement about federal gold coins and lower prices of gold blahblahblah.....i think that gold run is based on politics not in fundamental, and GOLD could be a "safe heaven" but miners too??? banks was down in the past days and Sgreg said in one of his post that miners are companies with banks loans and all that $hit....so i think that gold run now is unstoppable until next year with new president and see what happen after.....anyway i stopped trading because market madness and don't want to lose money, and unfortunately i lose confident last week and felt frustrated due my greedy moment two weeks ago.....so i'm back with papermoney because is the smartest thing to do right now and perhaps continue real time next week or the next one, i don't have any rush, market will open always at the same time, and what i need is the money right there ready to grow up, no going down with all these thing happening.....GDX is completely outside of the upper bollinger band as i never see before looking for new highs at friday with a 3 days weekend ahead and out of chart.....i sold last week at 10.50 before brexit because i knew this was a fact, brexit was going to happen and i take a lose....tired of lose money and betting againts gold and miners....the happiest day in my live will be when miners crash big time, anyway i do not hold anything like we know is a big error while daytrading...i take a lose and move on...

sorry to many different topics above but i didn't have to many time to write this, i'm writing my trading system and rules and putting in the wall.....trying to make it perfect.....