Tag Archives: Gold
Gold…DRT…Trade Alert!
DRT…”at your discretion” Trading for Free is good… We will be Selling 25% of our Longs before the Fed this A.M. to pay for the trade, whether we see 1725 or not. If the board goes Risk Off the Gold … Continue reading
A.M. Look 12/12/12…w/Gold Trade Alert!
Spu’s…potential double top @ 1434.25. Look for this to move in 8-10 handle increments. EUR/JPY…108 is the weekly ORH #(this is a Friday closing level). Price action around this level should be monitored for Risk On/Risk Off paradigm. Higher prices … Continue reading
A.M. Look 12/11/12
Goog…there are weekly stops under 682 with 678 the first fib support. 665–670 is a higher probability level to look for a bounce. PCLN…619 was last qtr’s close. Below here we’re looking for the low 590’s. AAPL…nothing has changed. Closing … Continue reading
Gold…Pattern Alert…Trade Alert!
The Gold is Putting in an ORH day with a close over 1704.80. The Pit session already put in the Pattern. ETF guys …that’s a close over 165 in the GLD We’ll honor this pattern and add another 20% piece … Continue reading
A.M. Look 12/7/12
Welcome to Pearl Harbor Day. Seriously, this is just another un-enjoyment day when my best work will be done with my trading mask and mail gloves on. Spu’s…1427-32 is resistance…Mid 90’s then the mid 80’s on the downside..the levels have … Continue reading
Gold….Trade Alert!
Let’s start small and BUY a 20% position Long Gold @ the market! We’re starting a position because the Continental currencies are @ a key mvg avg level against the Gold. GC/Suisse and GC/Euro…Long Gold/Short the Euro & Swiss Meaning…the … Continue reading
Gold…Trade Alert!
Ok, the rinse cycle is on. We’ll BUY a 30% position @ 1666 (G) FEB. This is just above the 200 day mvg avg. We’re looking for a bounce off the level and will play it with a very tight … Continue reading
A.M. Look 12/4/12
Spu’s…price action back above 1414 will trap the new shorts from yesterday. Nasd 100 is holding around it’s 200 day. This needs some price separation from this zone for new direction. Gold…has filled out it’s downside on the long term … Continue reading
A.M. Look 11/29/12
Spu’s,Nasd,Russell,& Midcap…all put in ORH days. Resistance… Spu’s…1427-32 Nasd…2700-15 Russell…815-19 Gold, Silver, Platinum & Copper…Yesterdays lows were all good. They held their general support zones Oil…is still trading in a five dollar range and held the bottom of the range … Continue reading
A.M. Look 11/13/16
USD/JPY…keeps holding the 200 day mvg avg @ 79.68, App ( 125.68 Z Futures) This level should be monitored for direction on the crosses. General Comments… The board has not changed, It’s still trading Risk off. Today should continue to … Continue reading