Just starting a new thread... NDX Pattern recognition signal went to a cash position on the close 1/23, with the XAU at 137.91. At the time of this writing we are at 140.19.
No new signal will be generated on the close tonight.
Rick
an XAU pattern recognition
Started by
rick
, Jan 31 2007 02:46 PM
31 replies to this topic
#2
Jnavin
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Posted 31 January 2007 - 05:02 PM
Okay, let me see. Your trading is in cash as far as XAU goes -- or are you talking about NDX? I'm confused.
#3
rick
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Posted 01 February 2007 - 09:38 AM
Yes, I am talking about the XAU... and No, I am not talking about the NDX, I do that on the FF board. Sorry for the mis-typing and confusion.
Rick
#4
rick
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Posted 01 February 2007 - 08:24 PM
Rather weak XAU prediction number today, but no sell signal. It will go into the weekend still in cash.
Rick
#5
rick
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Posted 03 February 2007 - 12:18 AM
Maybe if we get a weak prediction on Monday it MAY generate a sell signal, but for now remains neutral... in cash.
Rick
#6
rick
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Posted 05 February 2007 - 08:53 PM
Well..... XAU Pattern Recognition will give a SELL signal on the close tomorrow, the 6th.
It went neutral on the 23rd at 137.91 and has made up its mind, it is time to sell.
Rick
#7
vitaminm
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#8
dougie
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Posted 05 February 2007 - 11:49 PM
Vitaminm: help out his chart challenged person to read thoat chart of yours if you have a minute: thanks!
#9
SilentOne
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Posted 06 February 2007 - 04:26 AM
rick
I have Feb. 12th as the next probable turn, and most likely a low. I'll double my metals position after that date. I still see a March high with metals outperforming the miners.
cheers,
john
Well..... XAU Pattern Recognition will give a SELL signal on the close tomorrow, the 6th.
It went neutral on the 23rd at 137.91 and has made up its mind, it is time to sell.
I have Feb. 12th as the next probable turn, and most likely a low. I'll double my metals position after that date. I still see a March high with metals outperforming the miners.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#10
vitaminm
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Posted 06 February 2007 - 03:19 PM
Vitaminm: help out his chart challenged person to read thoat chart of yours if you have a minute: thanks!
dougie,
The simple TA says buy when price >5ema>10ema supported buy PSAR indicator.For an early buy signal one may view same chart in 30min/60min time frame. Sell when price<5ema<10 ema supported by PSAR
vitaminm
