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#1 JK001

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Posted 05 August 2019 - 06:23 PM

if I read Snippit's EWC for XAU/USD correctly, wave 3 at 1.63 of wave 1 is up to $1510 (ish) then retrace of wave 4. 


Edited by JK001, 05 August 2019 - 06:27 PM.

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#2 Midas1

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Posted 05 August 2019 - 05:56 PM

Just looked gold does seem be dipping at mo...I'm keen dip in again to go long tommorrow but will check out politics as well..
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#3 Midas1

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Posted 05 August 2019 - 02:50 PM

Very easy to try recoup your loss fast then loose more...easy does it..it defo doesn't grow on trees..
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#4 Motivated

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Posted 05 August 2019 - 02:48 PM

Not for me to say as dont know your budget but 100k seema bit top heavy for small cap share..in my opinion

I am still learning.  Yes, it is.  I noticed that I tend to lean more towards the risky side and it has bit me in the butt a few times (I am at a 185K loss currently), relying on dividends/patience/trading to cover up my losses.  I should be more careful.  Money doesn't grow on the tree for me lol.

 

I just made a 3K profit with my crypto :) now


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#5 Midas1

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Posted 05 August 2019 - 02:11 PM

Not for me to say as dont know your budget but 100k seema bit top heavy for small cap share..in my opinion
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#6 Motivated

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Posted 05 August 2019 - 01:52 PM

Hi M, bought at about 438 sold 480 last week...40000 rand...but wont go in again unless goes lower 5 for now......remember if trump and china start getting on gold may drop...

Yes, I will also wait for it to go lower before I buy.  Thanks.


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#7 Motivated

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Posted 05 August 2019 - 01:51 PM

Upper boundary for XAU/USD just touched. Maybe the trade war can create a breach but a retrace from here is to be expected.

I don't give trading details because thats not what this forum is about. Lends itself to fake claims for ulterior purposes such as pump and dump like the con artists do it.

Thanks Snippet lol , will hold onto my 100k


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#8 Midas1

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Posted 05 August 2019 - 01:25 PM

Cheers
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#9 JK001

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Posted 05 August 2019 - 01:22 PM

thank you Snippet
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#10 Snippit

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Posted 05 August 2019 - 12:54 PM

Upper boundary for XAU/USD just touched. Maybe the trade war can create a breach but a retrace from here is to be expected.

I don't give trading details because thats not what this forum is about. Lends itself to fake claims for ulterior purposes such as pump and dump like the con artists do it.


Edited by Snippit, 05 August 2019 - 12:55 PM.

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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#11 Midas1

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Posted 05 August 2019 - 12:38 PM

Hi M, bought at about 438 sold 480 last week...40000 rand...but wont go in again unless goes lower 5 for now......remember if trump and china start getting on gold may drop...
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#12 Motivated

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Posted 05 August 2019 - 11:43 AM

Not a juvenile myself  :D , and yes volumes are important, and perhaps more important are volume trend.

 

There are exceptions where volumes may be low and you discovered a gem. example comes to mind when NPN bought 30 odd percent of Tencent.  

 

IMHO Midas made a good call from a risk reward perspective. Gold seems to be going north, so where do you put your money? Ashanti, Goldfields, Sibanye, DRD? 

 

Only reason I picked Sibanye is preference for non single commodity.  Looking at where Palladium and to the lesser Platinum is swinging today I could be totally wrong (won't be the first time)

 

Alas, if and when the smallcaps have 3 digit profits because of the higher commodity prices, they will get the attention and you will get your volumes.

 

From a metrofile perspective: unique value proposition?   No, you can store your documents in the cloud today for a fraction.    You probably already store you own documents on some digital media, that are indexed and ready to be rendered on demand.

 

Hi JK001, 

 

 

 

Metrofile was a bad call especially with digitisation going wild.  I was very green then :) from a trading perspective  (still green now lol - age perspective).....

 

However the dividend payouts are decent from Metrofile - & at that point - it was on the rise and I got carried away with the green lines lol.

 

However my choices have improved since then.  Eg.  I dumped a 100K in MTN when it was around R74 - during the Nigerian Tax crisis...

 

I am getting there but slowly hehe - still alot to learn...

 

 

Kind Regards, 

Motivated


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#13 Motivated

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Posted 05 August 2019 - 11:33 AM

Which crypto do you have...up you re gold...all I know unless tryp and china placate each other gold looking good

DCX10 a portfolio of Cryptos from Easy Equities Platform...

 

How much do u have invested in DRD?  

 

Im thinking about dumping 100k into it...


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#14 Midas1

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Posted 05 August 2019 - 11:18 AM

Which crypto do you have...up you re gold...all I know unless tryp and china placate each other gold looking good
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#15 Midas1

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Posted 05 August 2019 - 11:16 AM

I see DRD and Sibanye are going up but I am contemplating buying, it is pretty high already - I should have bought when it was lower :(

At least I am making a few bucks on my crypto lol....


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#16 Motivated

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Posted 05 August 2019 - 10:31 AM

Going buy gold again soon as long trump talks goes up

I see DRD and Sibanye are going up but I am contemplating buying, it is pretty high already  - I should have bought when it was lower :(

 

At least I am making a few bucks on my crypto lol....


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#17 Midas1

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Posted 02 August 2019 - 12:48 PM

Going buy gold again soon as long trump talks goes up
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#18 JK001

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Posted 02 August 2019 - 12:34 PM

Very good morning made 3500 after brokerage on my little punt....happy Friday all

 

hope you taking hubby out for dinner :P


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#19 Midas1

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Posted 02 August 2019 - 10:39 AM

Cheers
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#20 Motivated

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Posted 02 August 2019 - 10:38 AM

Very good morning made 3500 after brokerage on my little punt....happy Friday all

Well done Midas, lol touch of gold...


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