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Gold still looks good and steady as she goes


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#41 tria

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Posted 21 April 2016 - 12:12 PM

Bravo Dougie,  clapping.gifbanana.gif

 

A small step to a profit a giant leap for/to a fortune.


Edited by tria, 21 April 2016 - 12:13 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


#42 tria

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Posted 21 April 2016 - 12:29 PM

Wish I had known that beforehand to get extremely short for a quicky and instant satisfaction

guaranteed.

 
 
DAILY
TOTAL MONEY FLOW
BLOCK TRADES

Company

Price

Chg %

Chg 1-wk% chg

Money Flow

Tick Up

Tick Down

Up/Down Ratio

Money Flow

Tick Up

Tick Down

Up/Down Ratio

SPDR GldTr (GLD)

$119.51

0.54

0.45

1.35

$-170.94

$105.64

$276.58

0.38

$-177.66

$3.24

$180.

90

0.02


Edited by tria, 21 April 2016 - 12:39 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


#43 tria

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Posted 21 April 2016 - 01:32 PM

The GDX does not seem to wish to give up the ghost easily here and now.

Stubborn GDX results to a stubborn TRIA.

To be stubborn is not prudent in this activities however,

so I placed a stop in the Dust just below yesterday's lows for today and tomorrow and

more importantly just bought some mini GCM16 futures to rebalance the long/short balance

just a tad more to the long side.

Still lightweight long overall relative to what I was in the recent past.

 

 


Edited by tria, 21 April 2016 - 01:36 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


#44 tradesurfer

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Posted 21 April 2016 - 02:09 PM

dont worry guys, Gold is trading in a TIGHT trading range with plenty of cause for a 3 of 3 move up.

 

the ONLY thing that is missing is a little dose of broad market weakness.

 

the last big move up in gold was from Feb 2 to 11th and that was directly opposite a broad market fall.

 

we should be at 1400 on this next leg up within the next 20 trading days



#45 tria

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Posted 21 April 2016 - 02:19 PM

The problem is that Gold's hourly RSI is testing/touching a downsloping potential support line

of mine for the last 4-5 hours.

Unless it breaks it with conviction I am a bit uneasy for tonight's electronic action.


Edited by tria, 21 April 2016 - 02:20 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


#46 tradesurfer

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Posted 21 April 2016 - 02:29 PM

Yes well remember during bull trend fear is a beautiful thing.  This trend is powerful, we pierced or at least busted through and weakened the down trend line from March 4th to present.  That weakens the down trendline. 



#47 tria

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Posted 21 April 2016 - 02:30 PM

dont worry guys, Gold is trading in a TIGHT trading range with plenty of cause for a 3 of 3 move up.

 

the ONLY thing that is missing is a little dose of broad market weakness.

 

the last big move up in gold was from Feb 2 to 11th and that was directly opposite a broad market fall.

 

we should be at 1400 on this next leg up within the next 20 trading days

 

I'd love to see another 3rd of a 3rd in May, may the built up cause express itself fully and soon.

I have forgotten that lasting/lovely feeling.

Amen.


Edited by tria, 21 April 2016 - 02:37 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


#48 tria

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Posted 21 April 2016 - 02:54 PM

Had a quick look and saw that 5/6 to 5/24 is a potentially fertile period for any tria of a tria action.

 

tria in greek = 3

my surname starts with tria..... too


Edited by tria, 21 April 2016 - 02:55 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


#49 tradesurfer

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Posted 21 April 2016 - 05:52 PM

Mercury Retrograde is April 29th and could lead to an explosive move up into that date as a top, or as an acceleration point.

 

It is looking more and more like we see a massive spike up into April 29th and then that be a peak.  That should coincide with a possible market crash or spike down on that date.

 

Mercury Retrograde MOVES markets big time.


Edited by tradesurfer, 21 April 2016 - 05:55 PM.


#50 tria

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Posted 22 April 2016 - 02:56 AM

Mercury Retrograde is April 29th and could lead to an explosive move up into that date as a top, or as an acceleration point.

 

It is looking more and more like we see a massive spike up into April 29th and then that be a peak.  That should coincide with a possible market crash or spike down on that date.

 

Mercury Retrograde MOVES markets big time.

 

Thats right TradeSurfer and April the 29th is just a day away before the Christian Orthodox Jesus Ressurection Day.

Lord, make our day. Give us a bottomless/topless acceleration point. Amen...


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