Pencil Leads

There is little movement for gold. Disappointingly, it did not continue to fall further but remained at a high of 2600+. I closed one of the gold trades at just a very minor profit, but mainly to cut down on…

Did not close any significant trades this week. Gold seems to have lost its peak strength and is slowly falling. I believe all I need to do is to hold and wait. Similarly for DOT, perhaps the best thing to…

Gold went up unexpectedly, probably due to instability as Ukraine and Russia escalated, and the ICC (International Criminal Court) issued an arrest warrant for Israel Prime Minister Benjamin Netanyahu. If we want to go along the ‘conspiracy theory’ line, it…

Things has been looking much better ever since Trump won, and my prediction and my patience paid off. Of course, timing wise I could do much better and this has been a huge learning experience. 349.91 USD of profits this…

Donald Trump won. There will be geo-political peace. The market will have a short term boom. Gold has fallen a bit and will continue to fall. I will write more in an article which will be posted on my main…

Gold broke another all time high at 2790.07 this week, and I had topped up my account to 11,000 USD. I will not be opening any more new trades without closing existing ones, as my plan now is to keep…

No updates this week due to busy schedule. Weekly welfare pack as below. Welfare pack for this week: Download this week’s CFTC Commitment of Traders (big monies) analysis here. Read more on what is the CFTC Commitment of Traders report. Do note that the…

Gold defied expectations and achieved yet another new record. To be honest my account may be blown. I do not have much intention to top up any more hard-earned money. I have 1k USD balance left, which may not last…