-56 Week channel -14 Week double top -Weekly 200SMA tag -Weekly Bollinger band contraction -Positive carry trade -Could be tricky to put on with support @ 1.36100 I like the idea of being long USD as rates climb and the DXY shows positive signs of a bottom in place. Am not lifting my initial sizing from 30 basis points just yet. Looking to go short below 1.37 if...
-69 Week ascending triangle breakout with confirmatory volume -5 Week congestion upon breakout with horizontal bounds for the most part -Daily Bollinger band contraction hard -Very attractive quarterly dividend of 2.09c Still on my watchlist and is peculiar it did not breakout with the run up the XJO has had of late. 30 basis points planned. Will buy above...
-6 Week symmetrical triangle -Constructive Commercials/Large specs positioning Am a buyer above 400'6, my err is towards caution and thus will allow 30 basis points of risk. Expression of this trade idea will be though CFD's commodities contracts Not original idea
-28 Symmetrical triangle -16 Week horizontal range -With climbing rates and LIBOR OIS spike, conditions are favourable for Gold appreciation -Much the same as XAUUSD trade idea but my more preferable choice as the ETF is more and I like the technical picture a bit more Another week of watching Gold. Will wait for a daily break and close of the horizontal range...
-41 Week symmetrical triangle -Weekly Bollinger bands within the confines of triangle ready for possible expansion -With rising rates and LIBOR OIS spike, precious metals rally a probability -COT data shows record short positions of commercials and large speculators with small specs holding largest long position. This is a mixed signal Last weeks price action...
-56 Month inverse H&S -13 Week horizontal range -With climbing rates and LIBOR OIS spike, conditions are favourable for Gold appreciation -Expression of trade idea through XAUUSD cross as account is not sufficiently capitalized for futures trading Another week of watching Gold. Will wait for a daily break and close of the horizontal range open a position. Am...
-11 Week horizontal range -Would take stock to all-time high on an already amazing climb -Declining volume into potential spike 80 basis points planned but will likely be 30-40 on initial tranche
-12 Week horizontal, H&S pattern -Weekly Bollinger bands contracting after rapid expansion -Upper bounds of daily Bollinger band aligning with neckline Will risk 30 basis points on daily break and close of neckline
-69 Week ascending triangle breakout with confirmatory volume -Congestion upon breakout with horizontal bounds for the most part -Daily Bollinger band contraction -Very attractive quarterly dividend of 2.09c -Short selling available (at this time) for the purposes of hedging 30 basis points planned. Will buy above 1.090 if attractive R/R presents
-69 Week ascending triangle -Good weekly volume -Price is consolidating after breakout of triangle which was confirmed by high volume -Bollinger band contraction on daily chart -An office REIT with an attractive dividend of 2.09c paid quarterly Will risk 30 basis points and buy at 1.100 if I have an attractive and logical stop
-40 Week symmetrical triangle -Weekly Bollinger bands within the confines of triangle ready for possible expansion -With rising rates and LIBOR OIS spike, precious metals rally a probability Missed the breakout of horizontal range for prepositioning of major move but will remain conservative for position establishment at 30 basis points
-56 Month inverse H&S -12 Week horizontal range -With climbing rates and LIBOR OIS spike, conditions are conjunctive for Gold appreciation -Expression of trade idea through XAUUSD cross as account is not sufficiently capitalized for futures trading Will wait for a daily break and close of the horizontal range open a position. Am remaining conservative at 30 basis...
-5 year bottoming cycle nearing completion -Cannot take credit for this idea, highlighted to me by trading legend Peter Brandt in his Factor service Appears to be breaking out but lines are a bit arbitrary Putting out a small line of 30 basis points
Gold stocks are really peaking my interest of late -24 Week Inverse H&S -High volume and reduced range -Clean, horizontal neckline -21 Weekly MA turned support -Bollinger Band contraction on the weekly with band expansion on daily into neckline 100 basis point risk planned
-12 Week Ascending triangle -Clean boundaries -Favorable is volume rise continues -Bollinger band squeeze on the daily -Maintained its strength in current market headwind 50 basis points planned
-11 Week slanted H&S -Clearly defined neckline -Not a big fan of fibonnacci retracements but it might be worth noting that the pattern is forming on the 0.5 level trough to peak rally from 2011 40 basis points planned
-11 Week Ascending triangle -Measured move of prior 2+ years H&S yet to be met -Well defined boundaries and in line with prevailing trend 80 basis points planned on breakout of Ascending triangle