Take a look at your daily charts....& draw it out...Gold diamond top is textbook.
You would think that these kings & queens of the HF world would be a bit more refined & saavy but when you read their wire tap conversations it`s...
Interesting topping formations in metals....gold,silver & platinum...diamond topping patterns have served me very well over the years....locating...
There was not a single sell signal here until the mondays close off the Osama/OBL closing candle on moday afternoon. i`ll give smurf credit...
My sentiments exactly....i would be tightening my trailer right around that level.
Luck has got nothing to do with it....hi close in conjunction with an IHS/explosive bullish pattern....big news events more often than not...
There`s your 63 print & hi close!
i was basing this off of the blow off top analysis from yesterday...obviously that was negated? more importanlty,you don`t have targets defined...
Surf You`re now 7 handles under water with you 53 entry acting as todays floor...PA doesn`t lie....see ya @ 63/66 target.. not trying to rub...
There has been zero signs of a 'blow off top"....not even close! This is textbook consolidation for the next leg higher or an ERB.....one could...
It very well could be...2-tops usually provide a nice inflection/reactionary point on the charts.....this would actually be a good place to put on...
& that is why you will continue to get decimated by large moves against you while you pick up your nickels in front of freight trains & claim...
& your stop is located where just in case your 2-top doesn`t work out?........or do you not pay attention to those pesky little variables? if...
IHS all over the dailys & monthlys...freight train setups that have us sitting right on necklines like a peruvian necktie for those looking to put...
+2...my sentiments exactly!
thanks for posting.
from someone whom used to make a mockery of technicals appears to have opened his mind .....50% fib served you well,cherub!
nice to see an old face in the mix....welcome back man.
Exactly....that right there is typical sufer smack talk.
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