timwest
Long

SPDR Gold -GLD -Daily -Chris Moody's Gann Swing Signalled...

AMEX:GLD   SPDR GOLD TRUST
510 18 10
Is anyone going to take this trade???
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
Interesting indicator, what is it based on? I am long nugt now, I think Gold will keep going up into January.
Reply
Tim, are you taking this trade?
...would you take this trade? :)
Reply
I am not - I have exposure with SLV already to my max position.
I did jump on the Corn trade though, but before the system suggested it - so I looked at it as a confirmatory. For me, I don't want to just jump in and start taking trades out of the blue. The system looks robust but I want to watch a few signals too and see how they "feel" to me. I make my decisions with my own methods, so I will follow this awhile and post the trades that set-up because I like how they look. I'm still in Corn, for what it is worth, and it's been hard to stay with the trade, only because it is a different methodology. Do you follow all of that?
Reply
2use timwest
Hm, didnt SLV dive from 20 to 16? Did you manage the position in a way - cut some profits? Because i recall you noted being in SLV up to max when it was 18 i think
Reply
2use 2use
Sorry, need to add - i did sell SLV eventually when i lost confidence in it and it did go lower. We trade differently but i would like to know if you are same long term bullish on it. Also, i guess you seen it coming, but why not sell or cut some? (in case you did not)
Reply
Hello 2use, yes, SLV did dive. It's my "insurance policy" that I hedge with shorts in IWM, SPY and other indices: IYT even. So, I made great money shorting the indices, and that covered more than my losses in SLV.
Reply
I might need to add a little, actually, of SLV. 10% perhaps.
Reply
2use timwest
Add a dash of gold as well :)
Reply
spiroka timwest
Actually, I don't follow it all.. I follow some. In fact I follow almost all the charts and comments you post so I'm still studying your moves. I also want to say thank you very much for taking the time to do this - it is very much appreciated!!
+1 Reply
I will wait for 1, 2 more days.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out