Member Info for SteveJones999

Trading algos now are so complex- charts are old hat these days - the tech is way too advanced now

Yes but even if it takes years people say the backfill was there- trading on this and charts is simply madness - I trade on events, these are then reflected in the charts- it’s events that make and drive SP, the charts simply reflect the events.

Glad all went well Tony.
But you now have to replace the phrase "always gets backfilled..." as gold rose and didn't fall at the US opening, and is still up as I type.

What is your rationale for an expected pull back at the US open ?

Very odd timing Tony- S&P, Nasdaq, DJ all up on the futures market- US CPI on Weds... but each to their own.
I was back in earlier this morning after selling last Thurs- (don't like being in miners over a long 4 day timeframe, in case something happens...). I sometimes drop half before major info like CPI so it's quicker for me to react either way- but I can see no logic for pull back when the USA opens- of course I could be wrong, but I work on logic.
GL.

Alas so, which is why it’s a stock to trade not hold. I’ve lost count of the number of times I’ve hear if gold hits… then profit will be… and sp will be… it NEVER works like this… the only certainty is the director keep get well paid irrespective of the SP performance which simply baffles me

Oh my word- back from golf- go gold, more importantly go CEY :-)

ignore it- this happens a lot with some strange trades after the UT, it’s like they were jumbled up -
the UT price is the close price- surprised you have not noticed this before- years ago I got exited by a jump shown on google only to be gutted the next morning!

Yep agree Glenmere- I made it 0.175 of a % but close enough lol- and agree on your other point on oil

Do the maths

Yep, read this at 07:01 this morning.

Yep 100% agree Mr T- new app platforms have made this a new gambling past time...

About 75% of day traders lose money and about 75% use charts… spot the connection? Lol

On a final note, the quantity of people popping up on all sides of the prediction equation will go up exponentially with the advent of AI- they will be auto-created in an instant with fake backgrounds for people to click on- those that are wrong will auto-delete and those that are right will remain and gain more clicks and vanish when wrong - the repeat and so on…. as always best and only way is work out and adapt you data points and markers and adjust and watch the live data …

The doomsayers NEVER say, “apologies, I got it wrong, again and again again and again and again, so pleased you didn’t follow my advice and go short as you’d have lost a fortune, again and again and again and again and again, but don’t worry or be jealous of those who ignored my advice, your time is coming”- shame, as at some point they will be right, but their followers will have lost all their assets by then and have nothing to invest to take advantage lol. The doomsayers themselves will be fine though, they make loads out of click bait and never actually follow their own advice, but they invest instead lol

I recall only recently when the s&p dropped to almost 3,500 towards end of last the voices were so loud on drop further is obvious lol, when the pound went from ~1.12 to ~1.035 toward end of last year soooo many experts were saying further to go, and were so wrong. And if it crashed from 1.12 to 1.035 where was the press report “pound has rocketed”…. doom also makes better headlines-

And here we go again, lol, more and more doomsayers pop out of the woodwork like Sotolo’s experts the others week on the gold imminent drop- of course, at some point the doomsayers will be right but stay invested in over the past 30years or so and you’ve had smashed all the doomsayers out of the park - they are click bait city lol-

In the title...

Took it's time here last few days, but traction hopefully :-).

Be nice if they could say what it means in reduction in AISC moving forward...