TradelikeBuffett

@Borg74 100 BRN in hindsight too

#CWR Hard or Soft? Normally, I like it hard, a proper hard stop loss that takes me out, no questions asked. But this time, in my Hargreaves Lansdown account, I went with a soft one (manual stop). On 2nd September, price breached my mental stop, but I missed it. By the time I noticed the next day, I made the call (rightly or wrongly) to just let the trade run. Fast-forward to today and price is printing a rather nice bullish candle. I’m still long from 115p — let’s see how this plays out. Moral of the story: tight and hard stops are usually the safer option… but every now and then, a soft one can keep you in the game long enough to be right.

@Borg74 like it. good timing I think mate

Short the #Nasdaq 22.561 reversal

@ArcisFX seems to have touched this trend line and sold off again. Maybe downtrend continues but very strong hammer candle at 3250. I'm short from 3305 but very wary as does look stronger

#Gold #XAUUSD - this may become a 'piercing pattern' two candle reversal, after breaking trend line, but not horizontal, support. I will take profit on my shorts and consider reversing to long if this candle closes as such.

@ArcisFX Feels like it wants to close below the daily 50SMA today. Would be the first time since January 2025. That major support line is due for a re-test isn't it. Enjoying the videos and live streams, thanks!

#Gold - I have taken some profit at 3300. Further targets 3120 and 3000.

@Borg74 hidden bearish divergence. well played...just don't go in too early this time ;)

I’ve always believed that to succeed in trading, you have to find your own style and become truly independent. This is why I enjoy teaching others. These days, there’s so much noise so many posts, opinions, and charts, that it’s easy to get distracted or swayed by what others are doing. Personally, I try not to be influenced by other people’s positions or commentary. I remember my time on the trading desk at Thames Exchange—long before HSBC moved to the Docklands—and anyone who worked there or knows @Ronmarkets2 will understand where I’m coming from. Back then, if you asked a trader what their position was, they wouldn’t tell you. And honestly, why should they? Even if they did, it wouldn’t matter they could be wrong. That’s not to say there’s no value in observing others, especially when you’re just starting out. It can be useful. But at some point, you realise that no one else’s system will ever fit you perfectly. Most traders take at least three years sometimes longer to really figure out what works for them. So take ideas in, sure but don’t follow blindly. Your edge comes from clarity, not copying. Now that said Do you see what the Viking sees.... #NASDAQ100

#gold DXY falling off a cliff so you'd expect gold to be ripping it near $3,400-$3,500. It's staying flat. What does that tell you? Relative strength correlation between dollar weakness and gold strength has significantly weakened. I also expect a big fall is not fall away

@ArcisFX Do you think dollar weakness if your target is hit would support gold at its current levels?

#EURUSD - a tweezer reversal on the 50SMA. I'm long for 1.1800-1.2000.

#gold will almost certainly break down below 3200. Won't be able to withstand USD currency strength

Warren Buffett vs. Cathie Wood from 2021-2023

#gold breaking line of resistance of 2270 is a virtual certainty. Gold price is linked to all other financial instruments, especially currencies. when the $ strengthens, gold will fall hard I'm afraid #DXY is already beginning to revert to the weekly mean. It's a matter of time

I smell Money #Gold

@LouisBalodis something very weird going on with gold

GOLD Theres only one thing for it..... Cooo coo ccooooo come on down dovey

we call that an Evening Star Reversal on #Gold...

#gold multiple touches on 2965 support shows weakness not strength. If it takes that level out, I would expect a vicious move down. The liquidity is lower imho. Opportunities like this do come around often

Charlie Munger

Yesterday, the S&P 500 triggered a rare thrust signal that has occurred near bear market lows. While our own SPY trend model has yet to shift back to a buy signal and actionable setups remain limited, this development marks a step in the right direction. Adding to the positive tone, recent follow-through action on the Nasdaq and NYSE suggests a growing appetite from institutions. The market rally gained further traction, with the S&P 500 and Nasdaq Composite both breaking above short-term resistance. Notably, the Nasdaq posted its third consecutive gain of more than 2%—a feat not seen since April 2001. Fueling the rally were renewed hopes for earlier-than-expected Fed rate cuts and growing enthusiasm around AI-driven data center demand, both of contributed to lifting tech. We recently added a couple select names long however, we are still treading lightly until we see better action in breakout stocks. Ed Yardeni recently pointed out a potential contrarian indicator: On Sunday, April 20, he noted that The Economist had run three consecutive, highly bearish cover stories—warning of a potential collapse in the U.S. dollar, stock and bond markets, and the broader economy. As of this week, the streak continues: a fourth bearish cover features a battered eagle, symbolizing America under strain in Trump’s first 100 days. When mainstream sentiment reaches this level of pessimism, historical precedent often favors those willing to take the other side.

people don't like short selling but consider the role they play in market volatility. Who steps in to the market when the whole world is ending? shorters do to cover their positions. They provide liquidity function during market turmoil events.

"Trading is simple—it’s just not easy." Take a look at the #Nikkei 33,604 - we pointed out two weeks ago that price was likely to drop. Now, it has reached -4x ATR on the 21 EMA, an extreme fear level and a clear sign of oversold conditions. It’s not rocket science what usually happens next. But knowing when to buy when others are fearful requires clear rules of engagement. Having a defined strategy ensures you don’t catch a falling knife but instead act with precision. Follow the Viking

When I was shorting the $SPY 3 days off the all-time high, everyone was bullish. NOW you will START to hear institutions cutting their equity exposure.