COMEX:GC1!   GOLD FUTURES
212 8 7
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What's the meaning of this chart?
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IvanLabrie PRO IvanLabrie
The snapback strategy paying off?
Definitely interesting. Well done.
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ucsgears PRO IvanLabrie
Well, did a calendar spread on GLD. I am biased on Gold. i was only looking for long opportunity. Found this, did the spread, Got out today (auto order), travelling so, hard to monitor.
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Amazing. :)
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ucsgears PRO IvanLabrie
Safest way to play the Mid and High prob, is to sell options. Eat all the time premium, it should be filling.
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ucsgears PRO IvanLabrie
FB / GM gave a good premium. Hope they both expire worthless. If it does, quick 7% over a month on just the two trade.
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That's how you trade options profitably. Results speak for itself. Just like poker, every hand has its value, every setup has an option strategy and risk parameter.
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ucsgears - thanks for this chart and well done. I am very interested in the use of math concepts and maybe kick around some ideas
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