thanks :clap:
Gold calls.Long term -medium term and intraday calls in gold is here !.
- Thread starter sujithsstorock
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thanks :clap:
bbillcee
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u have missed watching paint dry!
i did good a caught a good short and long suji picks!!
i just read this on kog's thread
"Comex increased Gold contract margin by 47% and 20% for Silver.
Trying to supress the rally !!!!!"
to be honest i think they are right to raise margins... margin requirements should reflect volatility, which is what every exchange does.
what i dont undertstand is that i thought after the 250 usd drop leveraged buyers would have been taken out of the mkt alread, no?
PS is there negative divergene on daily chart now?
sujithsstorock
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new rally should be slow..steady with needed correction n stuff like in our good old days .
the other scenario of 400...well leave it there. we can get plenty of those possibilities.and it will take year for all that to happen.when its gonna hit...we will think and act accordingly. cant set a plan for some scenario which we are not sure of.
bbillcee
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wow....that blows
new rally should be slow..steady with needed correction n stuff like in our good old days .
the other scenario of 400...well leave it there. we can get plenty of those possibilities.and it will take year for all that to happen.when its gonna hit...we will think and act accordingly. cant set a plan for some scenario which we are not sure of.
cool thx mate, u r a top day trader, but I am misertable at that, want to have a med term posns, like back i the good old days when u could put a posn on leave a decent stop and come bakc only at end of day to check.... this volatility is making that imposible.
do u have a level on crude that if we close above we can confirm a bottom ? I'm thinking 102, as we have not yet met my 85 strong support target
sujithsstorock
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a 2 day steady cloase above 102 $ will be good....and if low broken then ur strong support region can come. but i personally feel a rally is about to come breaking out above 105 $
sujithsstorock
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keep a buy above running rate n sell below runing rate...which ever hits,,will give few ticks. personally i am staying out
sujithsstorock
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Update last few hours
Closed out DOW 12000 Calls for x4 profit - could not do it right at top but caught b of A. Doubled shorts and 3 out of 4 ave stops now. Still holding 12200 call as parachute for shorts
I expect DOW to settle quite high then down Monday. If it follows the Gold chart later in the week we could get an upside day of 1000 points
Triple witching and SM is where the action is today
edit took profit on 2 out of 4 shorts other 2 were hedges and still underwater
Now short 3 target DOW 11111 again
edit I meantr 11011
Closed out DOW 12000 Calls for x4 profit - could not do it right at top but caught b of A. Doubled shorts and 3 out of 4 ave stops now. Still holding 12200 call as parachute for shorts
I expect DOW to settle quite high then down Monday. If it follows the Gold chart later in the week we could get an upside day of 1000 points
Triple witching and SM is where the action is today
edit took profit on 2 out of 4 shorts other 2 were hedges and still underwater
Now short 3 target DOW 11111 again
edit I meantr 11011
Last edited:
You were short the DOW!!!??? Did U not see the conspiracy chart? In Sept if shorting U need no stops and a call option as parachute or tight stops. Election rally
Study
http://www.contrarianthinker.com/Note.h2.jpg
What stop would you recommend?
Mine was watertight - stopped out
in these uncertain times I don't feel like risking futures over the w/end except hedges
Intresting chart, and intresting website.
Is this your web site?
Where do you see dow heading?
