wave (1) is also too short.
seems its time for a new thread. war markets are treacherous
Started by
dharma
, Mar 02 2022 10:38 AM
4036 replies to this topic
#3211
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lasergirl
Posted 06 October 2022 - 05:57 PM
"Daytrading -- An Extreme Sport !"
#3212
dougie
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Posted 06 October 2022 - 07:03 PM
wave (1) is also too short.
how so?
#3213
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lasergirl
Posted 06 October 2022 - 07:18 PM
typo - i meant (iii) is too short in relation to (i).
"Daytrading -- An Extreme Sport !"
#3214
dougie
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Posted 06 October 2022 - 07:36 PM
as wave 5 is not in yet cant say that
#3215
Smithy
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Posted 06 October 2022 - 08:58 PM
At 4981 right now, Aussie XGD is 18% up from its lows 9 TD ago.
#3216
jabat
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Posted 07 October 2022 - 07:58 AM
By Avi
I want to make something VERY clear. I am tracking a potentially bullish structure developing off the recent lows in metals. Have we actually completed that structure yet? NO. Do we have a reason to get aggressive on the upside until that pattern completes? NO. And, that is why I took profits on a small upside silver trade earlier this week when we approached the 1.236 extension. I have no guarantees this will complete 5 up. But, right now, the set up is certainly in place to do so. And, once it does, then we can begin to trade the long side aggressively.
So, please know where and when one should be trading the metals aggressively before you jump in with both feet . . and leverage.
Right now, I am seeing a micro i-ii potentially develop here for wave (v) of 3. 20.20 should hold for this set up.
#3217
Smithy
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Posted 07 October 2022 - 08:18 AM
" Weds 10/5 - I'm expecting a g&s dip into Friday/Monday. "
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The pause that refreshes.
#3218
K Wave
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Posted 07 October 2022 - 09:07 AM
The struggle is real for Gold at 900 day back test....fight these at your peril....
If it IS eventually reclaimed would be first real positive for bulls in quite some time.
In the mean time, if bulls FAIL here, as so often happens with this chart pattern.......
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#3219
Smithy
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Posted 07 October 2022 - 09:42 AM
SILJ fills 80% of its gaps; can be a general entry signal...
Will it get there?
#3220
linrom1
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Posted 07 October 2022 - 09:49 AM
The struggle is real for Gold at 900 day back test....fight these at your peril....
If it IS eventually reclaimed would be first real positive for bulls in quite some time.
In the mean time, if bulls FAIL here, as so often happens with this chart pattern.......
The problem with gold are the futures. No one is building any positions and there is almost no premium for 2023 expiry.
