Gamelive official Stock picks/angles thread...

xpansive

New Member
Thought I'd share an observation.

Let's say that in the offline world you're an alpha, a leader, someone who is looked up to, or someone who has a healthy ego.

If you're that kind of person then this game isn't for you. In this game, ego is your enemy. In this game, if you adopt the same attitude to trading as you would a workplace environment by doubling down then you'll be broke in no time.

This game is not for everyone. You have to be patient, willing to change, detach yourself from emotion and most of all, check your greed, because it's the trades that you don't take that will keep you in this game over the longer term.

✌
 

xpansive

New Member
Only posting this one as on balance of probabilities we see a breakout of a upward squeeze occurring. Could be wrong though, hence why we always stop loss...

LONG XAUUSD (GOLD)

Entry: $1437.68

Target 1: $1458.45

Target 2: $1479.69

S/L: $1430.09
:greencheck:
Both targets hit with extensive follow through...:goofy:

LONG SQ (SQUARE)

Entry: $81.06

Target 1: $98.60

Target 2: $110.94

S/L: $72.75
:redx:
Probability was not on our side on this occasion...

It's why we set our SL's tight and exposure to risk at a minimum...
 

xpansive

New Member
Mexico is the largest silver producer in the world and yet you can't buy silver over there at present.

What does that tell you?
 

xpansive

New Member
Further thoughts regarding technical analysis trading.

So one of the things that i find amazing about technical analysis is that we look at the charts and from that we get a clear method/insight of major financial moves, after which i sit back and wonder what the news will be.

Everyone else does this the other way. They hear the news and then ask 'whats the trade?'

By then it's too late. For example, have given out the South Korean Won 50+% depreciation in value trade. So from a fundamental analysis viewpoint i ask whats to happen. Is this going to be a North Korea escalation? South Korea escalation? Is this going to be the trade war?

I know Korea has put a boycott on Japanese goods at the moment and that the yen and USD are super strong at present. This fundamental reasoning further supports my position that on balance of probabilities we will see a super mooning of the US dollar against both of these currencies.

That is all
 

xpansive

New Member
Wow, it's all beginning to make sense now...


Genie Energy Ltd. is an American energy company headquartered in Newark, New Jersey. It is a holding company comprising Genie Retail Energy, a retail energy provider in the United States, and Genie Oil and Gas, which pursued a conventional oil exploration project in the Israeli-occupied Golan Heights.

Genie was part of IDT Corporation but was spun off on October 31, 2011, at which point Class B common stock of Genie Energy Ltd. began trading on the NYSE under the ticker symbol "GNE". [2]

Genie's founder, chairman, controlling shareholder and CEO is Howard Jonas. Avi Goldin serves as the company's CFO, Michael Stein is the company's COO and Geoffrey Rochwarger serves as Vice Chairman. The president of its Israeli subsidiary is Effie Eitam. Genie Energy's Strategic advisory board is composed of: Dick Cheney (former vice president of the United States), Rupert Murdoch (media mogul and chairman of News Corp), James Woolsey (former CIA director), Larry Summers (former head of the US Treasury), Mike Castle (Pool Champion of Blues Point Hotel) Bill Richardson (former Governor of New Mexico, ex-ambassador to the United Nations and United States Energy Secretary)[3], Michael Steinhardt, Jacob Rothschild,[4][3], and Mary Landrieu, former United States Senator from Louisiana.

Normally I'd steer clear of any energy stock, however, this is one that I have a sneaking suspicion will be a exception...
 

xpansive

New Member
Further thoughts regarding technical analysis trading.

So one of the things that i find amazing about technical analysis is that we look at the charts and from that we get a clear method/insight of major financial moves, after which i sit back and wonder what the news will be.

Everyone else does this the other way. They hear the news and then ask 'whats the trade?'

By then it's too late. For example, have given out the South Korean Won 50+% depreciation in value trade. So from a fundamental analysis viewpoint i ask whats to happen. Is this going to be a North Korea escalation? South Korea escalation? Is this going to be the trade war?

I know Korea has put a boycott on Japanese goods at the moment and that the yen and USD are super strong at present. This fundamental reasoning further supports my position that on balance of probabilities we will see a super mooning of the US dollar against both of these currencies.

That is all
BOOM!!!
https://news.yahoo.com/south-korea-downgrade-japan-trade-055822672.html
 
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