Ilove Gold, Gold Loves Me Not!
This is a side note continuation about "XABCD Should Extend The Trend!" subject.
This is my real life experience of buying a physical gold (coins, not much quantities, it was my first time doing that). Using my technical analysis for the reason to buy.
In 2013 I bough some gold almost exactly at the time this small Gartley was finished forming (little pointer and heart). I used my analysis to pick the best price for me, in hope that gold would take of fast.
After couple of days this small Gartley broke and I knew that something is wrong. I used this buy for the investment only, and I wasn't interested to just be a Gold Bug and to just buy and hold.
Strangely enough the same time this Gartley broke, I had a dream about a little brown skin girl jumping out of window from the second floor and landing on her two feet without any harm. The dream was so vivid that I could not ignore it. In the past I've had many dreams involving girls. When dream wasn't sexual in nature, it always told me about investment, indicating good opportunity on the markets. This small girl in this dream was in different context, that indicated something different this time. I'm just hooked psychologically like that I don't think that this kind of dreams are special. I think that everybody has their own psychological indicators and I think I'm not special with this dreams. I think that probably I could saw this broken Gartley pattern and after the fact I had this dream. It feels of course as I had it before the fact, like other dreams which was always before fact. Nevertheless I knew that this brown girl was representing gold coin so I came back to review the charts.
I immediately saw this Gartley being fractionally broken and I knew what to do. I saw this kind of situations before on the charts, and I knew how it usually ends. I was conscious enough (had a lot of practice and studied hundreds miles of charts). The action was simple, to just sell this gold. Luckily enough I found buyer at the end of the day. He was happy to pay me the same price I paid cause he had a buyer already lined up and the buyer wanted even to pay a little more. So it was a good deal and the buyer was probably a Gold Bug type of person, so everybody won.
On the chart there is big ABCD perfect pattern. I just knew from experience that if this little Gartley brake, then there is strong possibility for this bigger ABCD pattern being also broken. I knew not in hundred percent, but I saw enough this kind of situations not to just play with fire and stay.
This is my little life story. I still like precious metals and I bough some silver coins almost at the bottom from July 2013 (not June, I'm not that perfect to call perfect bottom), and not so long time ago i bough some more at almost the same price as this first buy. I don't know if it will pay off, but now I don't care to much, cause I bough it at a lower price and now I'm a little Silver Bug, cause this experience educated me about precious metals. This experience opened for me a whole universe of knowledge about money, precious metals and economy, so I'm thankful for it and I'm sharing it now with you!
Enjoy!
This is my real life experience of buying a physical gold (coins, not much quantities, it was my first time doing that). Using my technical analysis for the reason to buy.
In 2013 I bough some gold almost exactly at the time this small Gartley was finished forming (little pointer and heart). I used my analysis to pick the best price for me, in hope that gold would take of fast.
After couple of days this small Gartley broke and I knew that something is wrong. I used this buy for the investment only, and I wasn't interested to just be a Gold Bug and to just buy and hold.
Strangely enough the same time this Gartley broke, I had a dream about a little brown skin girl jumping out of window from the second floor and landing on her two feet without any harm. The dream was so vivid that I could not ignore it. In the past I've had many dreams involving girls. When dream wasn't sexual in nature, it always told me about investment, indicating good opportunity on the markets. This small girl in this dream was in different context, that indicated something different this time. I'm just hooked psychologically like that I don't think that this kind of dreams are special. I think that everybody has their own psychological indicators and I think I'm not special with this dreams. I think that probably I could saw this broken Gartley pattern and after the fact I had this dream. It feels of course as I had it before the fact, like other dreams which was always before fact. Nevertheless I knew that this brown girl was representing gold coin so I came back to review the charts.
I immediately saw this Gartley being fractionally broken and I knew what to do. I saw this kind of situations before on the charts, and I knew how it usually ends. I was conscious enough (had a lot of practice and studied hundreds miles of charts). The action was simple, to just sell this gold. Luckily enough I found buyer at the end of the day. He was happy to pay me the same price I paid cause he had a buyer already lined up and the buyer wanted even to pay a little more. So it was a good deal and the buyer was probably a Gold Bug type of person, so everybody won.
On the chart there is big ABCD perfect pattern. I just knew from experience that if this little Gartley brake, then there is strong possibility for this bigger ABCD pattern being also broken. I knew not in hundred percent, but I saw enough this kind of situations not to just play with fire and stay.
This is my little life story. I still like precious metals and I bough some silver coins almost at the bottom from July 2013 (not June, I'm not that perfect to call perfect bottom), and not so long time ago i bough some more at almost the same price as this first buy. I don't know if it will pay off, but now I don't care to much, cause I bough it at a lower price and now I'm a little Silver Bug, cause this experience educated me about precious metals. This experience opened for me a whole universe of knowledge about money, precious metals and economy, so I'm thankful for it and I'm sharing it now with you!
Enjoy!
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