GLD gap down filled, upward momentum fading.......
Surfer Alerts
- Thread starter marketsurfer
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a daily close above 147.50 will close my position with a loss. This is an extended bear flag prior to the drop---- in TA speak-- So the russian and lucky can understand the surf report.
surf
Quote from marketsurfer:
a daily close above 147.50 will close my position with a loss. This is an extended bear flag prior to the drop---- in TA speak-- So the russian and lucky can understand the surf report.
surf
This is a low risk area to try a short. Stop loss above the recent high that occurred in the past week.
There is a technical reason for my call here. I'll leave it up to the reader to find it. il est très précis.
edit: Please use the futures for determining the stop loss level, not GLD which misses a good portion of trading. GCM13 shows 1488 or so would be a good stop area (this is *very* tight and prone to getting suckered out.. it's just how I like to trade).
In trying to track the Surfer Alerts trades I entered a gold trade based on the following entry by Surf:
In the posts just above (Wide Tailz 1:06 PM and Surf 1:24 PM) reference is made to closing a GLD trade. The prices discussed are GLD prices.
Can someone point to the post where the GLD entry they are discussing originated?
Thanks,
Jack
As stated by Surf, YG is a mini-Gold futures contract. I believe GLD is an ETF.
In the posts just above (Wide Tailz 1:06 PM and Surf 1:24 PM) reference is made to closing a GLD trade. The prices discussed are GLD prices.
Can someone point to the post where the GLD entry they are discussing originated?
Thanks,
Jack
Yeah but if it were a TA guy with these losses we wouldn't hear the end of your bragging and crowing how right you are and how wrong TA is.
You would give no quarter.
Such a bloody hypocrite!!!
You deserve every serve coming to you plus some!
As for content, you've never provided any other than BS and entertainment. (of how silly you are)
I thought your PD stuff was going to be informative. Nuh! it was a damp firecracker and then some BS about someone buying the rights to your PD system and you could no longer make calls. What a crock of Sh*t.
i recall a time i tried to prove to the market and others i was right...i had to because i told people that i thought it was a bear market.
the days that followed, i just could not go against my prediction, convictions, beliefs, etc....
so i sold my winners to raise cash to support my losing positions....because i just could not go against my predictions.
spoiler....the market was right and did everything the opposite i was wishing it did.
strange how that happens, especially when one FEELS they are so right.
moral of the story is....tips are for waiters.
"never mind telling me what stocks to buy tell me when to buy them"
the wave breaks here, don't be there, or ya gonna get drilled - Turtle
the days that followed, i just could not go against my prediction, convictions, beliefs, etc....
so i sold my winners to raise cash to support my losing positions....because i just could not go against my predictions.
spoiler....the market was right and did everything the opposite i was wishing it did.
strange how that happens, especially when one FEELS they are so right.
moral of the story is....tips are for waiters.
"never mind telling me what stocks to buy tell me when to buy them"
the wave breaks here, don't be there, or ya gonna get drilled - Turtle
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