13 replies to this topic

[VolPivots]

Its great to see you ( :

I was just saying to one of the other members on the board that it really is a small world after all.

I'm happy to hear you were able to make use of some of the cyclical work on the EURO. That was one heck of a move when it ran from 1.29 to below 1.18 without even flinching.

http://scott.aresins...ls/EC77Long.gif

I never traded the precious metals before but i'm thinking Gold, Platinum and Silver will be a good start for me.

Thanks for the detailed explanation, it was defnitely helpful.... + it served in allowing me to understand a little better where your coming from.

Keep in touch (and keep up the good work )

TKD

Indeed it is a small world. I see several posters at this site from other trading sites.

It was you...thought so. Your charting and suggestions about no. of cycles were spot on. Haven't traded currencies since. Just waiting to see if the Euro resumes it's uptrend now or some time in the future. I haven't traded the metals much at all, but when I do it's via options (risk what I'm willing to lose without risk of margin calls...plus I can let it sit and give it time--no overtrading like I do in stocks )

Good to see you posting here. Hopefully we'll see you post more often.

Best,
MN

[thakid]

I was just telling sevenOfeleven earlier this... that if we can figure out the EURO & GDP Pattern ( : ..... thus that keys us in on the dollar... therefore enabling us to predict gold and maybe even silver and platinum. I haven't done my correlatory study yet on silver and platinum but i know gold has got a great (and wonderfully profitable) inverse relationship to the $dolla. Know what i'm sayin TKD

[thakid]

GDP=GBP My Bad See what happens when i'm excited I was just telling sevenOfeleven this earlier... that if we can figure out the EURO & GBP Pattern ( : ..... thus that keys us in on the dollar... therefore enabling us to predict gold and maybe even silver and platinum. I haven't done my correlatory study yet on silver and platinum but i know gold has got a great (and wonderfully profitable) inverse relationship to the $dolla.

[VolPivots]

I was just telling sevenOfeleven earlier this... that if we can figure out the EURO & GDP Pattern ( : ..... thus that keys us in on the dollar... therefore enabling us to predict gold and maybe even silver and platinum.

I haven't done my correlatory study yet on silver and platinum but i know gold has got a great (and wonderfully profitable) inverse relationship to the $dolla.

Know what i'm sayin

TKD

You bet

Since I started following intermarket relationships the last several years, they have helped hugely in my trading endeavors. The trick of course is attempting to identify them before or as they are occurring, understanding that they can be vastly different depending on the big picture cycle, or during inflationary/disinflationary/deflationary and reflationary bull/bear markets. Problem is they always change and you never really know................

The thing about gold is that it has simultaneous conflicting upward and downward pressures on it, or at least that's the theory I buy into. Deflationary pressures put downward pressure while the falling buck induces upward pressure....that's one of the reasons why I think it's highly unlikely we see the parabolic gold moves many gold bugs have been wishfully hoping for.....at least not anytime in the current decade. Of course, I could be buying into the wrong school of thought

As of late I'm starting to think the key to all the world's capital markets is the USD, at least in the last year or two. If you and 7-11 ever figure it out, please let me know