Investing in Gold

1. Daily gold gains are capped at 1 percent (limit up) or 2 percent (expanded limit up).

2. Gold isn't allowed to have any follow-through rallies.

3. Gold is attacked at specific times -- 3 a.m. ET, pre-Comex and Comex open, NYSE open, London close, Comex close, 6 p.m. access trade open, and any opportune, thinly traded access markets.

4. Gold is attacked on all significant government data releases, especially the monthly nonfarm payrolls Friday report.

5. Gold is attacked on any ordinarily bullish news -- war, turmoil, economic crises, and Wall Street jitters.

6. Gold is attacked on all significant Comex option expiration and first-notice days, assuring that the maximum number of calls expire worthless, mitigating deliveries.

7. An attack on gold is frequently signaled by attacking either silver, HUI stocks, or both.

8. Flash crashes with no corresponding explanation always keep speculative longs stopped out or in losing positions.

9. New York and London are the centers of gold price suppression, so the London PM fix will be lower or no higher than $5 from the AM fix.

10. Comex margin changes, both higher and lower, are always to the detriment of gold longs.

11. Gold is never allowed to anticipate any bullish developments, nor is it allowed to be a barometer for currency largesse.

Finding the right spot for position opening positions

Solution for such a common problem as finding the right spot for position opening is fairly simple – a confirmation candle. The first candle always triggers the strategy or indicator’s signal that informs you how you should open position according to the strategy rules. You have to wait for this candle to end in order to know what you deal with.

This is where most of inexperienced traders make a mistake. They think how signal is activated; they open position just to see the candlestick to go in the opposite direction. So, the first step is to wait for candle to close. It is so-called alert candle which alerts you that strategy conditions are fulfilled. Then it’s necessary to wait for confirmation candle to confirm everything’s fine. This is when you open position.

Use candlesticks in all the strategies and always wait for the second one to confirm the good signal you are receiving. If the signal is fake don’t open position. You should always wait for the second confirmation candle regardless of whether you use support and resistance lines, channels, pivot points or applying rules of any other strategy.

When I say confirmation, what I mean is waiting for the second day, following the signal day, to prove the move.

In other words, if a sell signal is given, traders who wait for confirmation, would take the trade on the third day, after the signal was created (day one), only if the day following the signal (day two), the instrument in question, closed below the signal day’s low.

There are ‘Four Corners of Confirmation’ that must be addressed at this
point.

1. Waiting for confirmation takes patience…and can sometimes lead to missing a trade.

2. Missed money is always better than lost money. Even if waiting for confirmation means letting an opportunity slip by, it’s a whole lot better than jumping the gun into a losing trade.

3. Confirmation does not mean a trade is a sure thing. Pre-determined stops are vital to profitable trading and effective money management.

4. Even with confirmation, more work is required. Traders must take the time to research underlying fundamentals and news with every signal generated. Trading blindly on technicals is just plain stupid.

Here’s what it all really comes down to, waiting for confirmation can save you money and potentially increase your profitability. Why?

When a signal is ‘confirmed’, the market is saying Wall Street believes in the signal and a trend is likely to ensue.And that’s what it all really comes down to…knowing that a signal is more than volatility, something that happens all too often in today’s market.

I want to now take a moment to show you a chart where the ‘signal’ lied, and traders who jumped the gun, probably may be losing.

Signal called a Hammer. The signal is widely accepted as alluding to a pending reversal (the opposite of a Hammer bottom would be a Hangman top.)

Confirmation traders, however, would have never taken a position at all, and would most likely be very happy that they didn't, as of now. At the end of the day, waiting for confirmation is just good housekeeping, at least when trading from candlestick chart-derived signals.

Moving the blog onward....

I am going to move this blog along, Rather than Tech which is my main interest I am very interested in the Financial markets. 

I am going to attempt to make some YouTube videos about trading. 

If you are interested this is the first attempt. This tries to explain how to read the Candlestick Charts, Using Alert Candles and Confirmation Candles to spot an ongoing trend and how to find an entry point for a trade. 

https://www.youtube.com/watch?v=CHPK12_Qk0M

Two Quick Nmap Commands

This is a reminder for me more than anything else.

nmap -v -sV -iR 10000 -sU -p 23 | grep '^23.*open' -B3 | grep '^Nmap scan' | cut -d\( -f2 | cut -d\) -f1 > output.txt

nmap -v -sV -iR 10000 -sU -p 23|awk  '/(open)/{print $2}' RS="Nmap" FS="[)(]"

Try work our what they are doing....

Some Quick Cisco Stuff - Greylog2

So I plan on updating this with ALOT of Cisco stuff....Eventually. If this helps ANYONE out there I will be a happy man. 

For now this is a quick update.

I am configuring Greylog2, Here is the Cisco Config Commands to set it up to send to Greylog2 using syslog. Obviously I dont need to tell you to change the Server IP of your Greylog Server and the logging level. 

https://www.graylog2.org/resources/documentation/sending/syslog

conf t
service timestamps log datetime msec localtime
no logging message-counter syslog
logging origin-id hostname
logging facility syslog
logging <<<SERVER IP>>>
no service sequence-numbers
logging trap (emergencies/critical/errors/warnings/notifications/informational/debugging)
 

0
   

System unstable
   

LOG_EMERG

alerts
   

1
   

Immediate action needed
   

LOG_ALERT


   

2
   

Critical conditions
   

LOG_CRIT


   

3
   

Error conditions
   

LOG_ERR


   

4
   

Warning conditions
   

LOG_WARNING


   

5
   

Normal but significant condition
   

LOG_NOTICE


   

6
   

Informational messages only
   

LOG_INFO


   

7
   

Debugging messages
   

LOG_DEBUG

Ups and Downs

I cannot stress enough how important it is that we all recognize this pattern of ups and downs.

This is why:

During the 'downs' our negative thoughts grow larger and outweigh our positive thoughts. Once in this state our judgement becomes cloudy and we start to doubt ourselves.

It happens to all of us, including me. What is important is to spot this 'down' for what it is; a temporary depression and something we will soon be out of.

The problem I see, is a lot of guys don't spot it and make rash decisions in desperation, which can lead to bigger problems.

One solution to a 'down' period is to look back at your earlier posts and see how far you've come. Once you see the bigger picture, you also see the pattern and you see the 'down' for what it is.

It could be said that even a bad relationship is simply one of the knock-backs we all experience and that it is just as vital to experience these and learn from them as it is to experience other issues such as opening or isolating for example. It's just a shame they take so long and can cause so much pain when they end. I guess the bigger the mistake, the bigger the lesson.

The key is to learn from all of these mistakes to ensure that "each time you get a bit better".

Nevertheless, there is an equilibrium point, when you get an 85% result and throwing the dice again means you are much more likely to get a result lower than that.

The higher you aim, the harder you have to work to get there- it is exponential, not linear, because of the normal distribution.

Okay.

In layman's terms.

Say you are dating a 9 who is a doctor, driving a fast car, younger than you and knows how to ride a stripper pole.

What are your chances of dating another girl, more attractive (say 10) with > job, >car, > intellect and knows how to ride a stripper pole?

In this case, if your 9 isn't giving you lip or making problems, you should probably stick with a good thing while it's going. That is, if you are into monogamous relationships and looking to settle down,.

There comes a point where you burn time rolling the dice again looking for a "better deal" when you already have a fantastic deal in front of you. I think staying with a fantastic deal (even if there is better out there) is a good way to show gratitude to the universe and humility to yourself. You can get yourself killed by being too greedy, by forgetting to be grateful.

A word on "Value"

Value' as a concept is relative to each person. The 'value' of a woman (or a relationship with any person) is different for each person observing her. You look at a woman and you place some value on her. That value, if it could be quantified, would be different for every person.

A guy who is already in a happy relationship might not value her very highly because he isn't looking for a girlfriend. A guy who's been single for a long time and is actively looking for a relationship might value her more highly.

This is where the mindset of abundance comes in. If you have 10 girls who want to date you, are you going to be very bothered if one of them finds a different boyfriend and stops showing interest in you? Probably not.

However, if only one girl is interested in you and she finds someone else, it will have a greater negative effect on you.

Supply and demand.

So to answer your question succinctly, no there's nothing else you can do. Have more women in your life.

But to add in a bit more practical advice - my own experience is that if you're trying to meet all your women through cold approaches, it's tough to cultivate enough of them at any one time. I recommend that you build a 'home base' social group which has women in it. That way you'll always have a source of female company even if you haven't met too many girls at bars or whatever. Hunting and farming.