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MUY tight stops


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#21 dharma

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Posted 24 April 2009 - 09:29 AM

Long GDX again. Five minutes in. Moving stop from open to break even. Fun.

Good trading to everyone. :)



si looks bueno but we are hitting muy importante resistance in XAU and GDX

NO BS

Senor

i am looking for near 1k on this move. there are apparent catalysts. something will manifest
dharma

#22 senorBS

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Posted 24 April 2009 - 09:40 AM

Long GDX again. Five minutes in. Moving stop from open to break even. Fun.

Good trading to everyone. :)



si looks bueno but we are hitting muy importante resistance in XAU and GDX

NO BS

Senor

i am looking for near 1k on this move. there are apparent catalysts. something will manifest
dharma


Get gold above 925-930 and Senor says si si!

NO BS

Senor

#23 goldswinger

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Posted 24 April 2009 - 09:58 AM

$USD broke down and it is kissing the uptrend support line, if it breaks down from there then $1000 here we come........... If it bounces hard here, trouble! GS

#24 dharma

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Posted 24 April 2009 - 10:24 AM

Financial Post China admits to building up stockpile of gold Alfred Cang and Tom Miles, Reuters Friday, April 24, 2009 SHANGHAI/BEIJING - China revealed on Friday that it had secretly raised its gold reserves by three-quarters since 2003, increasing its holdings to 1,054 tonnes - or a pot worth about US$30.9-billion - and confirming years of speculation it had been buying. Hu Xiaolian, head of the State Administration of Foreign Exchange, told Xinhua news agency in an interview that the country's reserves had risen by 454 tonnes from 600 tonnes since 2003, when China last adjusted its state gold reserves figure. The confirmation of its surreptitious stockpiling is likely to fuel market talk about Beijing's ability to buy secretly and its ambitions for spending its nearly US$2-trillion pile of savings. And not just in gold: copper and other metals markets are booming thanks to China's barely-visible hand. article can be read @jesses cafe dharma

#25 diogenes227

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Posted 24 April 2009 - 12:49 PM

Selling half of GDX here to lock in the 3 percent profit again. Will let the rest ride on the 15 minute parabolic or the end of the day, whichever get hit first. By the way, the consistent screamer among the stocks in this sector looks to be GOLD. Good trading to everyone. :)

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#26 diogenes227

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Posted 25 April 2009 - 12:15 PM

Selling half of GDX here to lock in the 3 percent profit again. Will let the rest ride on the 15 minute parabolic or the end of the day, whichever get hit first.

By the way, the consistent screamer among the stocks in this sector looks to be GOLD.

Good trading to everyone. :)


Closed GDX on the end of the day for 3.1 percent on second half.

Good trading to all next week. :)

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."