Gold's been acting "toppy" lately.
Huge move down in equities should have had it going to the moon.
Next week could be the turning point.
I think there are a lot of "nervous nellie" longs in gold....whether it's the physicals, futures, or ETF.
Jimmy Rogers on CNBC today said "watch out" for an explosive reversal in the Euro should Germany bail out. We've had a nice down move so far. Can it get to 1.20 ?
The MOST IMPORTANT ISSUE HERE:
What is the PREMISE ?
What aspect of price movement and market movement and market psychology are you trying to exploit ?
If you can't answer that, this is a random, roll-the-dice system.
There are many like it.
Good ones are:
Breakouts .....take advantage of...
Only earlier TOS account holders can run the Desktop platform....an interesting move on Ameritrade's part.
I just downloaded the latest version and there was a message to indicate the above.
While it's very impressive he's built this strategy analytic platform in Excel, there are other more capable platforms out there. Multicharts for one, Tradestation for another.
They allow for rapid strategy performance measurement and evaluation.
Since the original poster is not showing any...
Sorry...I meant 16:12 or 4:3 format.
I'm running at a custom resolution of 1200x900 pixels and that's just perfect.....easy on the eyes.
NVidea supports custom resolutions which I think are great....
Price action in gold today is quite a "tell".....
Lots of "nervous nellie" longs in the market.
Gold right now looks like the same "sure bet" that US real estate was in 2006.
A rally in US equity markets will knock it down for sure....question is "how far down ?".
Exactly. And TBT is up nicely today.
Big Question is: bottom for US interest rates "in" ?
If so, just short TBT puts for your remaining days on earth....
a clear path to steady income.
I've got 2 Hanns-G 1080p monitors. They're great because they are 16:10 format, not the super-wide 16:9 format.
Everything is so "stretched" with 16:9....which is good for movies only.
Gold has already priced-in hyperinflation.
But it can't happen !! 2 reasons: wages under pressure, no housing market recovery.
When equities recover and bond yields go back up, that will be the end of the great gold move.
However, I don't think we'll ever see gold in the hundreds ever again.
I remember hearing complaints on their API forum about this.....almost 2 YEARS AGO !!
I can't believe it hasn't been fixed.
I think the problem is related to not having time-sync software on their servers to sync with an NTTP server. That being said, I noticed that many NTTP servers are...