|
|
Post by platy on Aug 22, 2014 9:17:27 GMT -5
Looks like at least a temporary low in oil and gold. Dollar finding resistance at 82.4.
I went long the euro.
|
|
|
|
Post by sb on Aug 22, 2014 9:28:55 GMT -5
I decided to do my small adds to miners today, seems like we might close that gap on GDX down at $25 but we might not and I'm not splitting hairs being I'm in for the long haul and I've waited long enough for the gap fill. I prefer to buy into a smash lower, but miners don't sell off the same as they used to, so four down days in a row is good enough for me. I'm done for the day, have a great weekend!  |
|
|
|
Post by platy on Aug 22, 2014 9:38:17 GMT -5
Wow, haven't looked at miners in a while - yeah seems like we might finally get that gap fill!. That would be great.
|
|
|
|
Post by platy on Aug 22, 2014 9:40:18 GMT -5
Corn has broken out of resistance, looks bullish, at least to 380.
|
|
|
|
Post by platy on Aug 22, 2014 9:43:09 GMT -5
Stopped out euro.
|
|
|
|
Post by simonsays on Aug 22, 2014 9:47:30 GMT -5
Is Janet still blathering on?
|
|
|
|
Post by platy on Aug 22, 2014 9:49:30 GMT -5
SPX resistance at 1992.5-1994. I think we have a chance of a high here. Still holding those shorts.
|
|
|
|
Post by platy on Aug 22, 2014 9:50:27 GMT -5
Is Janet still blathering on? No idea. I try not to pay attention to news. |
|
|
|
Post by simonsays on Aug 22, 2014 9:53:44 GMT -5
Yes, good idea.
|
|
|
|
Post by platy on Aug 22, 2014 9:54:01 GMT -5
Back in euro, last try.
|
|
|
|
Post by simonsays on Aug 22, 2014 9:58:25 GMT -5
I find that for me "last try" often fails and is then followed by the move I was looking for. So maybe it should be last try but perhaps second last try. |
|
|
|
Post by simonsays on Aug 22, 2014 10:09:16 GMT -5
SB, I have a feeling your timing might be good.
When the next rally begins, traders could take a look at Argonaut. It didn't really sell off like many others and appears rather peppy this AM. That said, it has given no indication yet that it should be held for very long. Yet.
|
|
|
|
Post by platy on Aug 22, 2014 10:16:09 GMT -5
Out with tiny profit. Just don't like it. Maybe I'll try again tomorrow.
ETA: Of course it takes off now LOL. That's ok, I mostly did it out of boredom. Need to just ignore the markets and let my stuff ride.
|
|
|
|
Post by simonsays on Aug 22, 2014 10:29:43 GMT -5
Murphy's Effin Law, eh? Never fails!
|
|
|
|
Post by platy on Aug 22, 2014 13:39:30 GMT -5
Back in the Euro. We now have positive divergence which was bugging me before.
|
|
|
|
Post by brad949 on Aug 23, 2014 1:40:44 GMT -5
Platy,
What's the Gann "Rule of 4"?
Thanks
|
|
|
|
Post by platy on Aug 23, 2014 9:50:19 GMT -5
On the 4th touch of a trendline, whichever direction is taken will be powerful.
|
|
