GT,
What is your YTD return so far? I see 40+ pages of in's and out's but I am too busy to do any math on this.
What is your YTD return so far? I see 40+ pages of in's and out's but I am too busy to do any math on this.
Daily Trading Strategies on Gold/Forex
- Thread starter Gold Trader
- Start date
Hello Jimmy,
As I read through your work i'm constantly reminded of the words from a great american, Benjamin Franklin, it goes
From the poverty and obscurity in which I was born and in which I passed my earliest years, I have raised myself to a state of affluence and some degree of celebrity in the world. As constant good fortune has accompanied me even to an advanced period of life, my posterity will perhaps be desirous of learning the means which I employed, and which, thanks to Providence, so well succeeded with me.
Or maybe that reminds me of myself? In any case, Gold Trader, thanks for letting me call you Jimmy, I feel more comfortable that way.
As I read through your work i'm constantly reminded of the words from a great american, Benjamin Franklin, it goes
From the poverty and obscurity in which I was born and in which I passed my earliest years, I have raised myself to a state of affluence and some degree of celebrity in the world. As constant good fortune has accompanied me even to an advanced period of life, my posterity will perhaps be desirous of learning the means which I employed, and which, thanks to Providence, so well succeeded with me.
Or maybe that reminds me of myself? In any case, Gold Trader, thanks for letting me call you Jimmy, I feel more comfortable that way.
short @ 658.5
stop @ 663.5
target @ 649
stop @ 663.5
target @ 649
gold was just down for a couple of $ and reversed extremely high which is totally unexpected move.
most of bulls would have been killed yesterday.
today, all the bears would be killed.
yes market inflicting as much pain as possible
after rejection of the 2% sell off, gold looks incredibly bullish from here and I think funds are targeting 700
This move is v overdone , I think London will be trying to get short now on this for a pull back to channel support at 670-668
Dollar finding bids this morning
after rejection of the 2% sell off, gold looks incredibly bullish from here and I think funds are targeting 700
This move is v overdone , I think London will be trying to get short now on this for a pull back to channel support at 670-668
Dollar finding bids this morning
gld is over bought IMO
I think they will start selling around 68.5 to 69
for those short levels try to use 90% without stops
doing options do the 90% to 95% or more
GL
KaL
% sure Long Long PT Long S/L _______ Short Short PT Short S/L
68.4% 65.8253 66.6524 64.8236 _______ 66.7233 66.0017 67.5973
73.1% 65.6516 66.7103 64.6235 _______ 66.8749 65.9512 67.7720
78.4% 65.4293 66.7844 64.4216 _______ 67.0689 65.8865 67.9481
84.3% 65.1448 66.8792 64.2034 _______ 67.3171 65.8038 68.1385
90.1% 64.7805 67.0007 63.9347 _______ 67.6350 65.6978 68.3729
95.0% 64.3143 67.1561 63.5560 _______ 68.0417 65.5622 68.7033
98.3% 63.7175 67.3550 62.9851 _______ 68.5624 65.3887 69.2015
99.7% 62.9536 67.6096 62.1392 _______ 69.2289 65.1665 69.9395
100.0% 61.9759 67.9355 60.9684 _______ 70.0820 64.8822 70.9611
I think they will start selling around 68.5 to 69
for those short levels try to use 90% without stops
doing options do the 90% to 95% or more
GL
KaL
% sure Long Long PT Long S/L _______ Short Short PT Short S/L
68.4% 65.8253 66.6524 64.8236 _______ 66.7233 66.0017 67.5973
73.1% 65.6516 66.7103 64.6235 _______ 66.8749 65.9512 67.7720
78.4% 65.4293 66.7844 64.4216 _______ 67.0689 65.8865 67.9481
84.3% 65.1448 66.8792 64.2034 _______ 67.3171 65.8038 68.1385
90.1% 64.7805 67.0007 63.9347 _______ 67.6350 65.6978 68.3729
95.0% 64.3143 67.1561 63.5560 _______ 68.0417 65.5622 68.7033
98.3% 63.7175 67.3550 62.9851 _______ 68.5624 65.3887 69.2015
99.7% 62.9536 67.6096 62.1392 _______ 69.2289 65.1665 69.9395
100.0% 61.9759 67.9355 60.9684 _______ 70.0820 64.8822 70.9611