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Nigel Ng

Joined: 09/04/16


Comments by Nigel Ng
Dollar Index Futures Mar 24, 2020 11:08PM ET
The very same false break out that striked has hit gold hard. Thankfully i was able to identify that it was a false move not a change of trend. That false break will reverse back down traping all bulls who tot its a trend continuation. But they dont see that big divergence since 2018 and long term cyclical trend of dollar. Just as dollar peaked after its false breakout, gold revive back to 1699. good try dollar! Thankfully we uphold good emotional control and stay convinced because long term trend is always our friend. Not to go against. Ignore short term panic volatility.
Dollar Index Futures Mar 24, 2020 10:51PM ET
Still im not hearing from those 2 guys.
Dollar Index Futures Mar 24, 2020 10:50PM ET
Nothing is changed. Dollar is heading down long term. That was a fasle break out following a powerful monthly divergence since 2018. Its all gonna ends
Dollar Index Futures Mar 24, 2020 10:49PM ET
Dollar is on an long term downtrend. Which that recent spike was a false break out. Its heading down towards 70-80 over the long term. There is only up and down within flucuations but it is an downtrend overall. It had a powerful divergence since 2018. But its gonna end here.
Dollar Index Futures Mar 24, 2020 11:05AM ET
Downtrend.
Gold Mar 24, 2020 6:50AM ET
That recent drop in gold price was irrationale panic forced liquidation to cover weak and losing positions of hedge funds. But they aint got much more gold asset to liquidate but to take losses. Only to realise gold is the way to go with dollar on the verge of a downtrend. That gold plunge was weak movement that was far from balance to offset the over net long positions under the gold COT report. On the miners, it was a monthly retest pullback to its 50days MA which failed to enter the bear territory. Now gold and gold miners will resume its long term primary uptrend. That is the phrase 2 where more public participants are involved. What ever you do, do not go against the long term primary trend that doesnt change over days. Volatility during panic is madness driven by weak speculator’ emotions but long term trend are made up of large institutionals positions with low turnover rate. That means dont defy the law of demand and supply.
Dollar Index Futures Mar 24, 2020 6:31AM ET
okay. Let it reveal. okay. Let it reveal.
Dollar Index Futures Mar 24, 2020 6:31AM ET
some hours ? Haha. Sure i can give u weeks and months. some hours ? Haha. Sure i can give u weeks and months.
Dollar Index Futures Mar 24, 2020 6:30AM ET
Ever since 2018. The dx have been divergencing. Which ends with a fasle break out here. This powerful divergence gonna end bad.
Dollar Index Futures Mar 24, 2020 6:17AM ET
Its only gonna go down from here into its long term downtrend. This was the final bull trap Before that happen. Now its coming back down. Not just a little. But way down into the 70s.
Dollar Index Futures Mar 24, 2020 6:15AM ET
okay. Good luck Peter. Good health too. okay. Good luck Peter. Good health too.
Dow Jones 30 Futures Mar 24, 2020 4:36AM ET
Not a v shape recovery
Dow Jones 30 Futures Mar 24, 2020 4:19AM ET
Oh really ?
Dow Jones 30 Futures Mar 24, 2020 4:17AM ET
Berneke mentioned in his book that cycle can be prolong but it is inevitable die to unchangable human nature. Janet yellen once said that we are never gonna see a financial crisis again.
Dollar Index Futures Mar 24, 2020 3:54AM ET
i dont bang on luck hope or guessing. i dont bang on luck hope or guessing.
Dollar Index Futures Mar 24, 2020 3:52AM ET
u are waiting for a further strong dxy bull move while watching it fall right front of your face. That is willful blindness and denial. u are waiting for a further strong dxy bull move while watching it fall right front of your face. That is willful blindness and denial.
Dollar Index Futures Mar 24, 2020 3:51AM ET
if u have a stubborn idea that price action demand and supply with validation cannot be reflected thinking that everything moves based on random walk theory, then why are you even here ? You might as well be in a casino tossing a coin to decide. There is no cherrypicking here. I am firm and solid as ever. Certainly is behind our skill. But not for u to see cos u are blind as sheeps. Why not u wait and see. if u have a stubborn idea that price action demand and supply with validation cannot be reflected thinking that everything moves based on random walk theory, then why are you even here ? You might as well be in a casino tossing a coin to decide. There is no cherrypicking here. I am firm and solid as ever. Certainly is behind our skill. But not for u to see cos u are blind as sheeps. Why not u wait and see.
Dollar Index Futures Mar 24, 2020 3:41AM ET
cos i havent been wrong since i said it is coming down. How do i know? U think guessing ? It is experience , technical and fundamental knoweldge which u dont have. cos i havent been wrong since i said it is coming down. How do i know? U think guessing ? It is experience , technical and fundamental knoweldge which u dont have.
Dollar Index Futures Mar 24, 2020 3:39AM ET
Speculator that focuses on catching every price volatility instead of sizing up the entire market. They think they can trade day in day out making a fortune. Its a zero sum game for them. But i m sure they are betting smalls that explains their inconsistency. They got little to lose.
Dollar Index Futures Mar 24, 2020 3:36AM ET
I am not hearing from those 2 heros who debated with me. They must be praying hard. And about to flip side. Short term speculator u can be right either way just like flipping a coin the next min it can be up or down. But face it , see its long term monthly trend. And the false break out that is now gonna collapse into a year long down trend. aint here to gamble.
Dollar Index Futures Mar 24, 2020 3:33AM ET
Its falling deep into a long term down trend. Stop calling a bottom/ support at every level every now and then.
Gold Mar 23, 2020 11:08PM ET
This guy can be 50% right like flipping a coin now and then. But speculator like this only wrong losing small money and right making small bets too.
Gold Mar 23, 2020 11:06PM ET
Look at all the massive buying when it was down due to short term forced liquidation to cover bad positions elsewhere. Pushes gold back up. On miners, that same drop was seen with weak volume on monthly chart. It wasnt validated. It can be seen as a false and weak drop. At the same time, dollar index is throwing a false break out and monthly divergence that is about to collapse back down fast. Giving gold in terms of usd good long term lifting. The world will wake up the consequence of QE. Long miners. Long gold. Bearish on dollar.
Dollar Index Futures Mar 23, 2020 10:32PM ET
That if u understand divergence and false break out is gonna reverse back down fast and furiously ! Not a slow pull back. Its a bull trap that reverse.
Dollar Index Futures Mar 23, 2020 10:04PM ET
Collasping