Pencil Leads

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…

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…