Pencil Leads

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…

The Chinese stock market has plunged a fair bit in this week after all the hype. If one has took my advice of not borrowing money to invest, but put half of the spare money only in the spot market…

We have entered the last quarter of the year, and week 40 is the start of this last segment. Things got just slightly better as the GBP fell. I had opened a 0.08 lot of GBP/USD short and originally planned…

This week got to be one of my most difficult week, as gold broke new records again. Every little dip is a preparation for another bull run, having repeated this again and again for the past few months. In fact,…

This period is a very bad time. The gold shorts are piling up, and the DOT ain’t moving up. Things did not go as expected when the Fed announced the rate cuts. Instead, gold set new records and achieved a…

Lost 74.61 USD this week, mainly due to the short squeeze on gold on 12 September 2024, Thursday. Gold disgustingly broke the all time high and reached a new record of 2586.05 on Friday. I had to top up another…

Nothing much this week. Disappointed with how things are so far, but can only blame myself for being unskilled in short term trading. Gold is still within that irritating range, with the market most likely waiting for FOMC announcement 2…