Tuesday, June 28, 2016

Bull trap for oil, falls to middle line and goes back.

Follow H4 bull engulfing, today it breaks the middle line.

For daily chart, it look 46.20 is the bottom, my first target is 49.

Saturday, June 25, 2016

Brexit post a big spike on gold. I was thinking of Soros. He knew Britons.

From James Joyce's Ulysses, the Martello tower,  Citizen, the ordinary people, xenophobia. It's a fact, Brexit is a fact now. The mind can detect this! But not me, because I am too depend on Computer (or technology), that's why I lose the touch with the mind.

It looks to me trading is not about technology, so meditate, reciting the mantra, reading James Joyce & Joseph Campbell, walk in the nature, to have a touch with the mind!

Tuesday, June 21, 2016

For oil, bull engulfing still have effect. In the morning it dropped, but from afternoon, it reversed after API report. (In trading, patience is number 1 factor, I have to wait the day for the trend to continue)

Gold dropped today, will Silver follow?

Silver dropped, but not under the low of previous bear engulfing, so I am still waiting!

Thursday, June 16, 2016

Wait for several days, today silver turned to black. Enter with bear.

Friday, June 10, 2016

Bear engulfing does not need confirmation, today it drops very big. I buy HOU when it's under the middle line, may not be a good time. looks that bear is full in control.

Gold is in bull trend now. I sale the gold for profit, now I am balanced.

Thursday, June 9, 2016

Bear engulfing for today. A signal to buy HOD. For me, just wait (to buy HOU).

Gold, bull no change. Since 1270 is the resistant point, I would think it will stay here for a while, could go up to 1304.

Wednesday, June 8, 2016

Bull move of silver for today, it gets to the resistance at 17, the next point is 17.5.

Gold is also in the bull trend now.

Monday, June 6, 2016

Last Friday, Gold post 2% increase because of May Job report of US. I expect it will continue the trend this week as bull. ( my target for gold is 1263)

For oil, no trade for the past week, I'm waiting it to goes to 52. long time waiting. today as Monday it has increase 2%, because of the production crisis, 50 is likely a ceiling, last week, rig count increased.

Wait for now. (my target for oil is 50.90)

Wednesday, June 1, 2016

My wife is a better trader than me, her strategy is waiting and waiting, and this morning she find the point to enter (buy at low), and sale in the afternoon to cash out. An excellent trade!

My 160 minutes daily sitting meditation start from today, I sit three sits daily as  60, 60 and 40. I was able to completed today. My goal is to practice a total 10000 hours in the next 10 years.

The schedule is 8:30-9:30, 10:30-11:30 and 13:20 to 14:00.
The technique for me to practice:
 - sitting in full lotus posture
 - Anapanna meditation (taught by An Shi Gao)
 - 42 sections (taught by the Buddha)