TOAST...
NEW LOW XAU 43.43
41s next good support
CAPITULATION IN XAU, NUGT ETC.
Started by
SemiBizz
, Sep 11 2015 08:42 AM
20 replies to this topic
#1
SemiBizz
-
- Traders-Talk User
- 23,213 posts
Volume Dynamics Specialist
Posted 11 September 2015 - 08:42 AM
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
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
#2
SemiBizz
-
- Traders-Talk User
- 23,213 posts
Volume Dynamics Specialist
Posted 11 September 2015 - 08:48 AM
in this case...
Silence IS Golden...
I have been waiting YEARS for this day.
I have been waiting YEARS for this day.
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
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
fib_1618
-
- Traders-Talk User
- 10,173 posts
Member
Posted 11 September 2015 - 09:03 AM
How about BYE, BYE, BYE?Note there's no one urging to BUY BUY BUY
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#4
tradesurfer
-
- Traders-Talk User
- 2,949 posts
Member
Posted 11 September 2015 - 09:21 AM
in this case...
Silence IS Golden...
I have been waiting YEARS for this day.
Do you think 41.61 support will hold in the XAU ? that is the ALL TIME LOW in 2001
#5
SemiBizz
-
- Traders-Talk User
- 23,213 posts
Volume Dynamics Specialist
Posted 11 September 2015 - 09:27 AM
in this case...
Silence IS Golden...
I have been waiting YEARS for this day.
Do you think 41.61 support will hold in the XAU ? that is the ALL TIME LOW in 2001
I don't have any reason to expect that it will hold... none whatsoever.
It is a falling knife.
If the F'eds raise, and this sorta says they will
We could be down at 18 like the BKX a few years ago...
How apropos...
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
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
#6
goldfungus
-
- Traders-Talk User
- 538 posts
Member
Posted 11 September 2015 - 10:12 AM
in this case...
Silence IS Golden...
I have been waiting YEARS for this day.
Agreed.
#7
dougie
-
- Traders-Talk User
- 9,295 posts
Member
#8
dougie
-
- Traders-Talk User
- 9,295 posts
Member
Posted 11 September 2015 - 12:01 PM
So you short in here Semi?
in this case...
Silence IS Golden...
I have been waiting YEARS for this day.
Do you think 41.61 support will hold in the XAU ? that is the ALL TIME LOW in 2001
I don't have any reason to expect that it will hold... none whatsoever.
It is a falling knife.
If the F'eds raise, and this sorta says they will
We could be down at 18 like the BKX a few years ago...
How apropos...
#9
dougie
-
- Traders-Talk User
- 9,295 posts
Member
Posted 11 September 2015 - 12:34 PM
any comments on the HUGe VOlUME since mid August?
#10
senorBS
-
- TT Member+
- 11,072 posts
Member
Posted 11 September 2015 - 01:39 PM
Like what I saw from the miners so far today, I took a modest long miner trading position - no leveraged stuff. Lots of new lows that look like potential ED's (ending diagonal triangles) and now a nice reversal, divergences galore. I am being cautious in front of the Fed meeting next week, but like the risk/reward here and again it is a modest trading position
BSing away
Senor
