55 replies to this topic

[rick]

Still SHort, no buy possible before Monday's close. Rick

[rick]

On close tonight, it went to cash... not long or short. The XAU Pattern Recognition signal is more of a trend prediction and does not aim to give precise entry and exit dates. I think we may/should get a little down draft from here, so I will hold short for a few more days. Rick

[vitaminm]

Pattern prediction says the earliest buy signal could be the close on Wednesday.
Still SHORT
Rick

^XAU/scroll RANGE/15min/60min sell till daily buy@136.5 turn into sell

http://finance.yahoo...U&amp...0&a=&c=

[rick]

XAU pattern recognition signal says to go LONG on the close Friday... again, its goal is to get trends right, but is not usually accurate on specific entry/exit points.
Rick

ps.. It did go flat (exited short position, and went to cash), on the close 11/7... xau = 138.01.
I thought I posted it here. I guess I did not. I am sorry about that.

ps.. It did go flat (exited short position, and went to cash), on the close 11/7... xau = 138.01.
I thought I posted it here. I guess I did not. I am sorry about that.

Oh, I see I DID post it... sorry for confusion.
Rick

So it goes Long on close Friday.

[rick]

Way too much going on here. Sorry for confusion. The XAU Pattern recognition signal is going LONG on the close TONIGHT... 11/9. It has done well this year, but the last short signal (10/16 with xau at 130.13, and go to cash on 11/7, with xau at 138.01) was the worst of the year. Hopefully this new signal will get it back on track. Again, this signal is a prediction of 2-3 weeks out, so the entry/exit points it gives are not usually the best. Given the market performance today, maybe entering this long Friday or Monday makes better sense. Rick

[rick]

Actually, the XAU pattern recognition signal is now giving a SELL signal... to be executed on the close Monday. It is usually more of a trend signal and does not execute at the very best time... So maybe now is a good time to bail. The earliest it could switch back to Long, would be 2 days later (the close the 5th). Rick

[rick]

Performance update as of right now: XAU pattern recognition signal: 1/1 - 5/10 58.3% 5/10 - now 23.8% all year 95.9% For the XAU itself: 1/1 - 5/10 31.7% 5/10 - now -11.3% all year 16.8% Rick

[rick]

Still is short. No possible buy before Tuesday's close. Rick

[rick]

Still short, from the close 12/1, at 147.68. Will not change back to buy before Wed's close, at the earliest. Rick

[rick]

Still no sign of a buy signal... at least one is not possible before Friday's close. Rick