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Old Aug 10th, 2011, 03:22 PM   #25
murray t turtle
 
 
Join Date: Dec 2001
Location: tn
Posts: 6,710
Quote:
Partial bluehorse quote;Quote from ogarbitrage:




10 year trading plan?
=================
Well i have looked on 10 year charts & longer & shorter.

But to put it simple,one may want to add a shorter plan also;
that way if gold stalls about $4,000, GLD @ about 400.44+/,
silver,SLV may be worth a study. Not a prediction
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Old Aug 10th, 2011, 04:16 PM   #26
ogarbitrage
 
 
Join Date: Mar 2008
Posts: 953
You broken clocks come out of the woodwork the minute the market makes you right.
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Old Aug 10th, 2011, 04:22 PM   #27
FireWalker
 
 
Join Date: Oct 2003
Location: Bangkok, Thailand
Posts: 1,009
Quote:
Quote from murray t turtle:

=================
Well i have looked on 10 year charts & longer & shorter.

But to put it simple,one may want to add a shorter plan also;
that way if gold stalls about $4,000, GLD @ about 400.44+/,
silver,SLV may be worth a study. Not a prediction
If you can trade those markets short-term, more power to you. Scares the crap out of me. I only see a trading opportunity in those markets a couple of times a year.

Something seems to be going on right now, but I would not do anything other than the plan above.
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Old Aug 17th, 2011, 03:34 PM   #28
murray t turtle
 
 
Join Date: Dec 2001
Location: tn
Posts: 6,710
Quote:
Quote from FireWalker:

If you can trade those markets short-term, more power to you. Scares the crap out of me. I only see a trading opportunity in those markets a couple of times a year.

Something seems to be going on right now, but I would not do anything other than the plan above.
====================

Firewalker-Trend
Well i do like some short term charts[daily candlecharts];
& 10 year monthly candles are quite useful.

Another medium term favorite chart is 3 year weekly;
unusually strong trend as of wednesday[weekly candles]
unusual strong trend , gold up 7 [seven]weeks in a row.

Looks like its going past $2,000;
but Goldman maybe right, price target,gold less than $2,000 .
I like to tighten up long term stops when its[gold,GLD ]up seven weeks in a row.........................................................If it still a strong trend fine,stay long . Other wise , adios amigos[goodby my trend friend]


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Old Sep 23rd, 2011, 04:51 PM   #29
FireWalker
 
 
Join Date: Oct 2003
Location: Bangkok, Thailand
Posts: 1,009
In case you haven't been watching the bond market:
http://www.elitetrader.com/vb/showth...hreadid=227439
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Old Sep 23rd, 2011, 05:48 PM   #30
peilthetraveler
 
 
Join Date: Jun 2005
Posts: 7,509
Quote:
Quote from peilthetraveler:

I dont know many people that can "afford to lose" $100k. I mean...thats a pretty nice night out in Vegas for that kind of money. :P
I once lost $1,500 in 10 minutes at blackjack. I was able to able to get 1 bud light in that time frame.

So let me tell you...a $1,500 beer does not taste as good as a $3 beer at the bar, so a $100k night out in vegas is a horrible night.
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