Jump to content



Photo

Long GLD 132


  • Please log in to reply
13 replies to this topic

#1 beta

beta

    lasergirl

  • Validating
  • 4,384 posts

Posted 15 April 2013 - 10:32 AM

.... It's now or never, 'Buggers :redbull:

Edited by beta, 15 April 2013 - 10:35 AM.

"Daytrading -- An Extreme Sport !"

#2 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 15 April 2013 - 10:40 AM

I like 126-27.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#3 flyers&divers

flyers&divers

    Member

  • TT Patron+
  • 1,106 posts

Posted 15 April 2013 - 10:54 AM

Congratulations Beta, you were skeptical - along with Semi - all the way from the top. Regards, F&D
"Successful trading is more about Sun Tzu then Elliott." F&D

#4 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 15 April 2013 - 11:11 AM

Vicious Cycle now in this paper gold trade... Another HUGE load of gold contracts are going to to be sold after this volume in GLD today... BTW Daily Volume has ALREADY EXCEEDED Friday's here... We are not even halfway through the day yet... Record Daily Volume is 79M... we are at 59M here... BRUTAL SELLOFF.....
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#5 beta

beta

    lasergirl

  • Validating
  • 4,384 posts

Posted 15 April 2013 - 11:56 AM

I like 126-27.



Hourly says 128 double spike likely in the next 1-3 days, but we're in the zone.
"Daytrading -- An Extreme Sport !"

#6 beta

beta

    lasergirl

  • Validating
  • 4,384 posts

Posted 15 April 2013 - 11:58 AM

Congratulations Beta, you were skeptical - along with Semi - all the way from the top.

Regards,
F&D



thanks FD -- I'll collect on those 2X cachachas later this week ... :rolleyes:
"Daytrading -- An Extreme Sport !"

#7 beta

beta

    lasergirl

  • Validating
  • 4,384 posts

Posted 15 April 2013 - 12:00 PM

... meanwhile Im rolling into QIDS --- NDX just starting its BlackSwan dive :)

Edited by beta, 15 April 2013 - 12:01 PM.

"Daytrading -- An Extreme Sport !"

#8 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 15 April 2013 - 12:06 PM

I think a lot of these miners are essentially WELL UNDER the price they need on gold to breakeven now... Should be a blood bath. Great trading opportunities all the way down in these miners.... Since the gold worshippers will continue to buy the metal and the miners... Just have to be very nimble, and have a good map...
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#9 Sentient Being

Sentient Being

    Member

  • Traders-Talk User
  • 4,262 posts

Posted 15 April 2013 - 02:15 PM

I'm just glad I used a buy stop and paid attention to that long time support line in IAU. I lost a little bit a few days ago when the line broke buy my lord, I just got home and see IAU at this time is down almost 10% in one day. Ouch, folks are getting burned out there.
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#10 beta

beta

    lasergirl

  • Validating
  • 4,384 posts

Posted 15 April 2013 - 02:32 PM

... i like the last-hour action here. MMs are about to scorch latecomer shorts, looking for 136+ by Wed
"Daytrading -- An Extreme Sport !"