ScottBogatin

Silver is likely to go higher

COMEX:GC1!   Gold Futures
This is September 20th 7:59 am. I think this video goes hand in hand with a previous video on the ES. It doesn't matter if you trade or don't trade either one of those markets... it's about how you visualize the market and make distinctions that are up to you not your computer program. The patterns are pervasive and in every market and your understanding and recognition of those patterns makes it easier to take a trade and more likely that you'll be profitable. And for kicks I threw in the gold market which is more of a ranging market now then the silver... and that distinction if you recognize it can really help you assess that market. my fervent hope is that bobby studies these two videos and yesterday's videos because the plan is to have him articulate in his words the distinctions that we talked about the last two days because it may help him when he trades for the rest of his life. You just can't read it and say oh yeah I get it.... you have to draw the lines and you have to articulate it in sentences and then look for markets that look similar. He will find that they are everywhere and that they are easy to see once he knows what to look for.... and this kind of observation is different than the extensions and the retracements and the ABCD patterns and other patterns that we look at and it should give him some clarity as a trader.
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