Monday, September 16, 2013

Gold

on 16-Sep-2013

Rookie asked me... why he must do GC forecast.
Why why why
and asked me why Fibo numbers are 23.6%, 38.2%, 50%..

I said, people give you a bicycle you won't ask: "why 2 wheels?"
Ride.

Rookie said I LCLY (in Hokkien, means arrogant)
Simply because.. I  can't answer the universal rule laaaaaaaaaa

This week rookie trader forecast Gold to sink to $1275 and rebound back to $1315 (weekly opening).
This is a scary range.
total of $40 range in 5 days, Rookie has a gut feel that the fed decision is going to shake the market upside down!


No comments:

Post a Comment