Pencil Leads

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…

I top up another 500 USD this week just to be safe, as the XAU remained high but my DOT fell to a low. I had enough money to tank, but I wanted a good night’s peaceful sleep. This week’s…

This week was another bad week, with the DXY plunging even further. The GBP shot past 1.32 and the XAU broke the all time high to 2531. I did not enter new trades because I was unsure whether the new…