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

[sujithsstorock]

Sujith,

Any thoughts on the Eur?
Are we bottoming?

Tk u

euro may fall more if gets through 1.350

and its positive above 1.3910 ..but then it has alot of resistances . so rally up wont be easy. no big move expected inless falls below 1.350

 

[sujithsstorock]

add a small sell in minimum at 833 $ with tgt 830.5 n stoploss 837 $ . now price is 840.2 $

 

[sujithsstorock]

sell FTSE 100 DAILY FUTURE DEC

at 4853 (now 4921)

stoploss 4928

tgt 4800-4721-4648 n below

 

[Sprawl123]

5 min triangle brkn to upside targteing 851

EDIT sorry ignore
triangle broke out too close to apex

 

[funfun]

i think there could be a lot of fake break out tonight,, better watch out

 

[Sprawl123]

i think there could be a lot of fake break out tonight,, better watch out

yes prob best to do nothing till after NFP nonsense

 

[sujithsstorock]

Sujith I am new to this to

If U can predict a major turn U can buy option somewhere in direction you think

As price approaches option value increases dramatically but what to do? cash in and you cannot easily re-buy unless you get a big drop - options are cheapest where trend is against or flat. Volatility pushes up price

So you bet against option with a fraction of your position. Once in the money this fraction can be maybe 50%. Jim Sinclair says sell 1/3 into strength and maybe this is safer. To lock in profit say in overnight blowoff spike when options are not trading U can simply sell futures for 100% of options value. Now u r safe

At least that is my theory

Options = high premium but limited risk - not as liquid as futures

good trading post mentioning options Greg K

https://www.kitcomm.com/showpost.php?p=376099&postcount=18354

thanks alot..will definitely try options out.. some put some call... u loss 100 else u make 1000 ..thts nice

 

[sujithsstorock]

yes prob best to do nothing till after NFP nonsense

when will nfp come? how much time remaining

 

[funfun]

yes prob best to do nothing till after NFP nonsense

LOL, I like that "NFP nonsense", they will lie for sure

 

[Sprawl123]

when will nfp come? how much time remaining

27min
12.30 GMT

 

[funfun]

like 30min

 

[rodin]

Have U ever tried a breakout trade with tiny gap between enter and stop (maybe spread+2) > if U catch a spike down you might get high leverage low risk capital

 

[midnight*trader]

sell FTSE 100 DAILY FUTURE DEC

at 4853 (now 4921)

stoploss 4928

tgt 4800-4721-4648 n below

sujit your ftse call has just netted me almost 6k:clap:

 

[funfun]

my local market is different

 

[funfun]

fake spike?

 

[b_p4tel]

i was thinking the same thing!

 

[Sprawl123]

i was thinking the same thing!

be careful... can get another spike after nfp

 

[sujithsstorock]

sujit your ftse call has just netted me almost 6k:clap:

great

 

[funfun]

is that report out?

 

[sujithsstorock]

is that report out?

yes..its slightly +ve for bullions... but over all trend still -ve.