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I am sorry I misunderstood. Many times I quickly read a post and then reply. The .618 is the common profit objective as taught by Larry Pesavento and his followers. As far as the method, I have done all the research I need, and I have something that works better for me than the fibs.

The rules are simple: to find a confluence of fib numbers that fall in the same general area from different swings. The retracements can be internal like a .382 or a .618, or an external retracement like a 1.272 or a 1.618. It doesn't necessarily need to be a .618 like gartley suggests...

gartley and butterfly guy, huh?

4 freaking point range??? Hard to believe!

I show significant resistance around 1073 to 1074.

I also see down.

With that logic, you must have learned at the hand of taxi cab driver turned real estate mogul turned Wall Street guru turned convicted felon. What was his name????? Wade Cook maybe????

Go to bed earlier....duh!

How about not rolling over to the new contract in your order entry software after volume picks up even though you have the new contract's data in your charts? I have done that more than once.

I think what you are saying is always what I understood....stop limits are on Globex's servers...stop markets reside on IB's servers.

In my opinion, Tradestation stinks as a charting package......Ensign has this tool and so may others built in.

It won't do any good with their customer service skills. I am getting so tired of their act, I am going to go over to FFast Trade.

So I am assuming there will be a big jump in volume for the December contract starting next week, right?

Well said plum, and nice link (the 2nd one). Very funny stuff. I hope he keeps posting. What is new or foreign to some can generate a lot of negativity.

If he is deleting negativity and crap, then good for him. If he is removing Mr Markets' "I AM HUGE" threads, then good for him.

Actually, it is possible to do advanced forecasts. A week in advance, who knows. I have no idea of how he creates his projections; nor do I care. But so many on this board think there is only one way to trade, and it is usually using some kind of crappy lagging indicators combined with...

LOL...then just ignore what I said.

I am not understanding something. How is "inandlong" related in any way to Mr. Market and his "I am Huge" threads? I think we need to cut inandlong a break here. In my opinion, he is one of the good guys.

just a guess, but I think we made a top yesterday. I think we will be down next week, and into the middle of September before we rally again.

good points, but I am not talking about gold as an investment or a trade. I am talking about gold as a safety net.