I don't know if brokers hunt stop losses but the market seems to - the market pretty much seems to have this uncanny ability to do whatever it takes to make the majority of traders wrong. I suppose it has to really, as the trends can't continue ...

Forex Mythbusters

Try here for data url It seems like even adjusting for inflation, gold today is really expensive. I think it's a bubble...

Looking for 1961 Gold Chart

$1400 per oz Total guess mind you, I don't normally do 'predicitions'.

100 guesses on the price of Gold in Dec '11

The stock market is crashing again and more QE looks likely in Britain. But gold isn't rising. Has the bubble started to burst?

Trading Gold - An End of Day System

This guy in the Financial Times reckons that the value of gold could triple url -

Trading Gold - An End of Day System

Yep, that's pretty close to my definition actually. My definition is if it's significantly above it's intrinsic value AND higher prices seem to be much of the justification for ever higher prices, then it's a bubble. I made most of my money in the ...

Trading Gold - An End of Day System

Undoubtedly, there will always be snake oil salesmen, - who will tout blue-chip stocks as an effective hedge against currency debasement, and a hedge against inflation. Money managers, whose livelihood depends upon selling equities have been taken ...

Trading Gold - An End of Day System

The situation in the ME won't effect the price of gold to much IMHO. Middle Eastern financial institutions didn't cause the current crisis and aren't all that important either; only their oil is important to the global economy. The debt problem is ...

Trading Gold - An End of Day System

Gold is hitting $1800 now, up 20% or so since the long signal.

Trading Gold - An End of Day System

I know that feeling well, it's now about 4 years since I started trading. What I can definitely say is that Forex is psychologically the hardest market I have traded. I find trading indices far easier because of the different styles of trading ...

That feeling you get...

Yeah the market can certainly stay irrational for a long-time. I'm long because the system says go long on a dip when the market is bullish, give the trade time to work, then exit on a short-term peak. But as far as fundamentals go, the way I see ...

Trading Gold - An End of Day System

Well you might be right and I might be wrong. You can’t eat gold. Mind you, you can’t eat money and you can’t eat stocks and shares either. But at least shares and money produces an interest/dividend. Way I see it, if gold doesn’t have the intrinsic ...

Trading Gold - An End of Day System

1. Don't blame as all for Gordon. 2. Gold has been a nice trade, here's a system for trading it url 3. Back to the point, is it time for QE2 in Europe and QE3 in the states? PS. How's the Spanish economy looking, I heard things were pretty dire ...

The FX Market, the Stock Market and the end of QE2

I don't know if Andrew's Pitchfork works or not, personally I doubt it. I did a rather crude mechanical test on my blog and couldn't find any evidence of reversion to the mean (or reversion to the median in my test's case) providing any kind of ...

The Logic Behind the Pitchfork

Well, gold is now around $1700 an oz and the system will stay long as it demands trades of at least 40 days (8 weeks). I have to say it though; I think the gold bubble is massive. When confidence finally returns to the market the bubble is going to ...

Trading Gold - An End of Day System

OK, the market didn’t collapse at the end of QE 2, but it’s falling like a stone now, QE 3 for the USA and QE 2 for Europe? I think it’s fairly likely, I’ll get back into the stock market if that happens…

The FX Market, the Stock Market and the end of QE2

Terrorists? Not at all... Tell me, is your Tea Party Grandmother a wealthy woman?

S&P Downgrades U.S. Debt Rating