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

[rodin]

pls explain it. as i have no access to chart.

is it a sell from here till 6.80? n wat would be its stoploss?

I closed long position 8.40. I am looking to rebuy 6.80 (spread varies) it may go lower but shd at least go that low

gap in daily and 2004 peak both 6.80 (March contract)

I want a position coz could be 10-100 bagger

Finspreads trade it not sure IG

 

[sujithsstorock]

I closed long position 8.40. I am looking to rebuy 6.80 (spread varies) it may go lower but shd at least go that low

gap in daily and 2004 peak both 6.80 (March contract)

I want a position coz could be 10-100 bagger

Finspreads trade it not sure IG

so wat stoploss should i keep in worst case?

 

[rodin]

Dec Silver below 10.20 bearish ST

Today spike was 5th wave - but of C or 3? That is question

If 3 then 918 is the floor if C there is no floor

If C however it was very impulsive suggesting trend is wanting to change bullish.

I think retrace to mid 9s likely at least

 

[rodin]

so wat stoploss should i keep in worst case?

at under 7 pence this is hardly worth a stoploss. Looking for £1 and maybe much more from this stock eventually. More position trade. Once resistance levels overcome can make stop

Safe stop now is 2p

charts

http://bigcharts.marketwatch.com/ch...MBOL_CHOSEN&nosettings=1&rand=5648&mocktick=1

http://bigcharts.marketwatch.com/ch...MBOL_CHOSEN&nosettings=1&rand=5670&mocktick=1

Bigcharts does not show gap

 

[sujithsstorock]

at under 7 pence this is hardly worth a stoploss. Looking for £1 and maybe much more from this stock eventually. More position trade. Once resistance levels overcome can make stop

Safe stop now is 2p

charts

http://bigcharts.marketwatch.com/ch...MBOL_CHOSEN&nosettings=1&rand=5648&mocktick=1

http://bigcharts.marketwatch.com/ch...MBOL_CHOSEN&nosettings=1&rand=5670&mocktick=1

Bigcharts does not show gap

thanks

 

[rodin]

DAX still climbs now correction looking at 5015 stop....

If double top holds downside should be in the hundreds

 

[louph]

CFM London AIM march contract now at 8.40

Expect retrace to 6.80 99% sure of this

Great call, Rodin. Thanks. :clap:

 

[sujithsstorock]

Great call, Rodin. Thanks. :clap:

so it met tgt ? great call.

 

[kgosar]

Rodin / Suji,

Pls post chart for silver / gold

 

[louph]

so it met tgt ? great call.

I played it safe and got out at 6.9

 

[peterwright]

DAX still climbs now correction looking at 5015 stop....

If double top holds downside should be in the hundreds

would you say 5020 is sell:!:

 

[rodin]

would you say 5020 is sell:!:

Well we made a higher high just makes very difficult to set stop but waves look like we are in correction I am thinking irregulat B higher than 5 and C deep. Can short in minimum bcoz 400 point drop baked in here maybe but stop - tried tight and that was no good

 

[d-lod]

i have prepared a chart as i knw it. n i would start adding on dips for tgt 25000 n ultimate 38000 for march contract.

Thanks dude

I am sure like your other winners this will work. Rodin keep up your silver thread open as it was a great service to gim'rs.

Thanks to both of you.
Gold may be in fourth wave of last c for last bottoming act. so your confusion is not confusing.

 

[rodin]

DAX has an iHnS formation and is looking like it is breaking up. The MM would be huge up. I suspect bull trap and have resonance 5076. A turn there might be worth a punt

 

[peterwright]

Well we made a higher high just makes very difficult to set stop but waves look like we are in correction I am thinking irregulat B higher than 5 and C deep. Can short in minimum bcoz 400 point drop baked in here maybe but stop - tried tight and that was no good

thanks very much 5030 now;:smart:

 

[sujithsstorock]

Thanks dude

I am sure like your other winners this will work. Rodin keep up your silver thread open as it was a great service to gim'rs.

Thanks to both of you.
Gold may be in fourth wave of last c for last bottoming act. so your confusion is not confusing.

thanks for the compliment. d-lod


aha...wave 4th(as i guessed it to be -in my past posts..! the great dlod n rodinagreed upon it.so guys...i learned elliote wave reading ..! cheers

 

[rodin]

UK news Darling says bank can cut rates (big surprise)

edit

off 4 a wee bit

 

[platamania]

Hello Suji , short is still valid !? For gold i mean ?

 

[rodin]

DAX 4990 decision coming

DAX turned up and held uptrend

Thinking 5 of c of B up now about to happen

 

[sujithsstorock]

Hello Suji , short is still valid !? For gold i mean ?

774 is stoplos safe stoploss 779.2 $...n do in mini. well this is a view. not a call. we have hit tgts. so cant assure tht stoploss wont hit.

do with ur own logic