As I said last Sunday, late week medium size strength was expected and my order placed last night was filled @ $1,206.90. Small size order and stop loss in place quite above the mkt.
-tria
Nothing to add, nothing new to say except to wait.
Started by
tria
, Apr 12 2015 03:40 PM
58 replies to this topic
#11
tria
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Posted 15 April 2015 - 11:32 PM
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#12
Russ
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Posted 16 April 2015 - 06:19 AM
As I said last Sunday, late week medium size strength was expected and my order placed last night was filled @ $1,206.90. Small size order and stop loss in place quite above the mkt.
-tria
Tria, I take it you are short now?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#13
tria
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Posted 16 April 2015 - 06:40 AM
Yes Russ but a very very small short position.As I said last Sunday, late week medium size strength was expected and my order placed last night was filled @ $1,206.90. Small size order and stop loss in place quite above the mkt.
-tria
Tria, I take it you are short now?
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#14
Russ
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Posted 16 April 2015 - 08:10 AM
Yes Russ but a very very small short position.As I said last Sunday, late week medium size strength was expected and my order placed last night was filled @ $1,206.90. Small size order and stop loss in place quite above the mkt.
-tria
Tria, I take it you are short now?
-tria
Are you planning to get more heavily short as Gold starts to break support down around 1150ish? Russ
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#15
tria
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Posted 16 April 2015 - 12:33 PM
Russ, it depends on WHEN that happens (if it does happen) and not IF it happens.Yes Russ but a very very small short position.As I said last Sunday, late week medium size strength was expected and my order placed last night was filled @ $1,206.90. Small size order and stop loss in place quite above the mkt.
-tria
Tria, I take it you are short now?
-tria
Are you planning to get more heavily short as Gold starts to break support down around 1150ish? Russ
If in April I may do it. If in MayI don't think I'll consider it. If in June maybe.
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#16
johngeorge
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Posted 16 April 2015 - 04:57 PM
tria
I went short with a small position in JDST yesterday. Mental stop is gold 1216 on a weekly basis. Thanks for the thread. 
Peace
johngeorge
johngeorge
#17
tria
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Posted 16 April 2015 - 09:17 PM
Today and next week will reveal if a bearish bias is warranted.
If what I expect doesn't happen by then a neutral stance will be chosen. Flexibility and admitting when one is wrong is the name of the game..
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#18
tria
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Posted 16 April 2015 - 11:07 PM
On second thought, today being OPEX for the ETFs it may stay steady around this levels and next week should get our full attention.
Have a pleasant weekend all,
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#19
AChartist
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Tim
Posted 17 April 2015 - 09:45 PM
I feel like the up cycle is timing out without making progress but it should not
drop for about 6 weeks. It could still break a leg out next week for 6 weeks.
I will look at hedging end of May.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#20
tria
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Posted 20 April 2015 - 05:20 AM
Nothing to add yet again.
Gold should start falling quite soon despite any possible small short covering rally early in the week.
Looking for an early May low and waiting to see if price proves me wrong.
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
