buy - 1330.4 stop - under false break 1322.5 target1 - 1344.5 target2 - 1349.2
Double Re-penetration Pattern. Trade setup with Buy Stop position (EP) at 1337.5, Stop Loss (SL) at 1333 and Take Profit (TP) at 1342. Money Management I have 22,800 USD in my portfolio. I can lose 5% of the port which is 1,140 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $22,800 / $3,850 = 5.92 Cons) It...
Turtle Soup. Trade setup with Buy Stop position (EP) at 1336, Stop Loss (SL) at 1329 and Take Profit (TP) at 1350. Money Management I have 22,800 USD in my portfolio. I can lose 5% of the port which is 1,140 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $22,800 / $3,850 = 5.92 Cons) It is 7 Tick from EP...
1. Forks 2. Action/Reaction 3. Support/Resistance 4. Frequency Learn to earn is the best way to become a independent trader. Check out my website and start today. P!
On my private blog (see footer), I teach about the pure Action/Reaction and show prove of concept on the ES-E-Mini. Here we have Gold and this shall be a tiny appetizer, before you grab the whole menu. Watch and learn. P! §8-)
Topics I talk about: Swings Forks Tests & Retests Information from the Forks New peaces to the puzzle - Levels Potential trade
Late stock market cycle (may last longer than you think) is bullish for gold . A weaker U.S dollar may add acceleration to the velocity.
Gold Futures CME - GCZ2017 December 2017 Signal: Sell Limit - $1290.00 Take Profit - $1250.00 Stop Loss - $1325.00
AMEX:NAK TSX:NDM FWB:ND3 NAK (Northern dynasty minerals) 100% ownership of the pebble project (pebble mine) the following is just my opinion, you never know what happens :) this month is probably the last chance to jump in. - official EPA approval incoming, with pruitt its a done deal already! just formalities!| latest 14th Nov --> institutions jump...
Gold Futures GCZ2017 Signal: Buy - $1277.5 Take Profit - $1317.5 Stop Loss - $1267.5
Short term outlook of gold on the 4 hour time frame. A break of 1264 will create a new wave down and a break up from current price can see a very nice move up. The Euro is looking strong for today which is positive for eurusd and will also see gold up so I say a upper wave is more likely. But keep a close eye on it just in case 1264 breaks. TP: 1288 SL: 1262, (if...
$GFI is an optimal pick when it comes to gold miners. The valuation is very good, and growth exhibited by the company this year exciting. The situation in South Africa has scared investors away, but I believe it will be a very interesting trend going forward. At the same time, this play serves as a risk off bet, which is welcome in the current enviroment. We are...
ForkTrading leads us to the right direction. Here we see how Gold respected the Centerline so far. If Gold is closing the week above the Centerline, I expect the next station to be the Upper-Medinaline-Parallel (U-MLH). P!
We have begun the rotation into the commodity cycle and ending the equity cycle. The unwind in equities will be apparent into this coming year. I will post a crude oil chart today also that is clearly demonstrating a similar set up. It's not the best time to get in as the current high in gold will see some short term consolidation as the chart shows. In the...