Gold calls.Long term -medium term and intraday calls in gold is here !.

[rodin]

DAX looks like could do quick down 50% then up hard to form right shoulder (U have 'head' on yr 1st chart but that is actually shoulder of larger formation)

Tomorrow mebe work on trade design for possible outcomes C ya then

 

[bbillcee]

rodin's contrarian EW analysis of gold and excuses for it :cheesy:

great chart...this looks like a keeper

 

[55mph]

interesting article

Numismaster.com

 

[sujithsstorock]

DAX looks like could do quick down 50% then up hard to form right shoulder (U have 'head' on yr 1st chart but that is actually shoulder of larger formation)

Tomorrow mebe work on trade design for possible outcomes C ya then

yup. thats is one weekly chart . so zoomed in version gives it a head. and on 3 months time frame that is a shoulder..!

 

[megh2]

rodin's contrarian EW analysis of gold and excuses for it :cheesy:

y cant i see the charts??

 

[rodin]

Mair charts to mull over

 

[peterwright]

hmmm, so as everyone expected it to go out of business ..all shorted .thus without a buyer in market,,those shares spiked up and moved entire dax with it? now by thursday they will officially announce it and take it out of dax listing...means the hike due to these shares will be nullified or...prices will go down???

sorry if my question is silly. but i would like to knw in depth abt this .my procedure is to analyse step by step influence beginning from "company/commodity" till the result on price move. "implies thoery " i prefer.

thanks

govt says they are investigating any mkt manipulation

 

[rodin]

LOL cheeky chart SLV

 

[rodin]

OK C U peeps L8R...

 

[bbillcee]

hey suj i was wondering...i have short now a 1 mini and 1 reg contract the reg contrat i have a buy limit at 714 where the mini i was gonna let ride....do u think i shoould make stop around 739 or keep with the 729.5 stop?

 

[sujithsstorock]

Mair charts to mull over

great charts. u got me confused over ftse now.

bearsish in short -term .. n bullish over long term..!! cool

mondays closing will decide the winner of this bull vs bear fight in
1>>dax (a close above 5168 is bulls)
2>>gold(a close below 725 is done n bears win.)
3>>silver likewise
3>>euro charts tells it all.

exciting day coming

 

[sujithsstorock]

hey suj i was wondering...i have short now a 1 mini and 1 reg contract the reg contrat i have a buy limit at 714 where the mini i was gonna let ride....do u think i shoould make stop around 739 or keep with the 729.5 stop?

keep stoplos 729 $ only. no point in widening the stoploss. we can exit with loss (if stop hits) n re-short at higher levels. if 748 $ is crossed n stays there for more than 30 minutes,.... dont short..any new..!!

take out the buy limit of 714..u might get more incase 717.4 $ is broken .

 

[rodin]

great charts. u got me confused over ftse now.

bearsish in short -term .. n bullish over long term..!! cool

mondays closing will decide the winner of this bull vs bear fight in
1>>dax (a close above 5168 is bulls)
2>>gold(a close below 725 is done n bears win.)
3>>silver likewise
3>>euro charts tells it all.

exciting day coming

My guess is we get a modest fake futures rise (pm), then a steep fall into Wall St open (SM) (maybe also FTSE open) being 50% retrace then a turn move up to what I call the 1/4 kiss level in SM charts. Silver n Gold n Hui may run up more

Then in early 2009 (maybe 1 Jan) SM starts next big leg down and takes gold and silver and HUI with it, but this time SM makes lower low but PM makes higher low confirming that we are in 2002/3 area in both indices

After DOW hits 7x00 we get a right shoulder forming in SM indices but new PM highs into 2010 and beyond

This is my model. We let market decide tho

 

[sujithsstorock]

My guess is we get a modest fake futures rise (pm), then a steep fall into Wall St open (SM) (maybe also FTSE open) being 50% retrace then a turn move up to what I call the 1/4 kiss level in SM charts. Silver n Gold n Hui may run up more

Then in early 2009 (maybe 1 Jan) SM starts next big leg down and takes gold and silver and HUI with it, but this time SM makes lower low but PM makes higher low confirming that we are in 2002/3 area in both indices

After DOW hits 7x00 we get a right shoulder forming in SM indices but new PM highs into 2010 and beyond

This is my model. We let market decide tho

yes, let the market decide.

all we need is fluctuation n as long as we ride these moves..we are making use of it.

 

[peterwright]

govt says they are investigating any mkt manipulation

reading up for your info.porsche bt shares thro banks withcash redemption terms for
hedge funds to short .this is only legal in germany as vw shares are two tier.so hedge funds hadto repay in cash.porsche held all the cards and made a lot of money.

there may be a revaluation of vw shares in the week to see if th e current one is
making the mkt too volatile then a decision to remove from dax or not to settle things down.will do some more research during week if you want

 

[sujithsstorock]

"gold is bearish" >>technical analysis says so..!!

gold might just bluff n give a burst rally up >> my sentimental analysis says so... as u all knw..
i didnt see any bull favouring guy anywhere..inculding myself. monday would be a exciting day.

sometimes u need to do difficult choices in deciding direction of trade. but the good thing is,if u fail u have a tool against it - "stoploss" .

hope for a melt down at opening itself.

 

[bbillcee]

"gold is bearish" >>technical analysis says so..!!

gold might just bluff n give a burst rally up >> my sentimental analysis says so... as u all knw..
i didnt see any bull favouring guy anywhere..inculding myself. monday would be a exciting day.

sometimes u need to do difficult choices in deciding direction of trade. but the good thing is,if u fail u have a tool against it - "stoploss" .

hope for a melt down at opening itself.

my heart tellsme up but its rarely ever right...but it will be this since i'm short!:cheesy:

 

[rodin]

reading up for your info.porsche bt shares thro banks withcash redemption terms for
hedge funds to short .this is only legal in germany as vw shares are two tier.so hedge funds hadto repay in cash.porsche held all the cards and made a lot of money.

there may be a revaluation of vw shares in the week to see if th e current one is
making the mkt too volatile then a decision to remove from dax or not to settle things down.will do some more research during week if you want

seems as clear as mud what is going on 2 me. 2 tier? Like ordinary and preferred shares? Preferred get fist bit of assets after bonds. Not really sure how they did this or if it was legal. IMO the entire system is rigged by insiders we can just try to catch fish in the wake of large vessels

 

[rodin]

UR WISH IS MY COMMAND

the reason for my "medium term sell call is shown "

then the bullish scenario if we get a closing above 5170 .

we need to standardise short term medium term and long term and decide if 3 is enuf terms

I suggest

UST = intraday (minute chart)

VST = intraday+ (15 minute chart)

ST = week+ (hour chart)

MT = month+ (day chart)

LT = year+ (day and week chart)

VLT = 5 years + (week chart)

ULT = 10years + (month chart)

V = very

U = ultra = very very

7 scales

edit

finished editing i think

 

[questforion]

Rodin,

Can't seem to open yr gold big picture chart. TIA