Posted by racerick on 16th of Mar 2020 at 11:45 am
Any of you gold guys got a feel for Gold here? Caught just one
futures contract at 1459 this morning coming off lows, not sure
whether to take profits here, starting to pull back some, or hold
it for a swing
guys remember whatever your are following whether it be gold, or
ES or ZM, or some biotech, just laser focus on one thing, that's
all you can do in this market, don't try to be looking at
everything. I suggest you laser focus on one thing and
respect your triggers. If Steve and I see something really standout
we'll note it but we have the unfortunate task of trying to monitor
a lot of things, you guys have an advantage by laser focusing on
one thing. Again everything bounced from the low, SPX and
GDX. like I said I think what matters more is how they look at the
close. Maybe a trade low is in this morning and you can have a
stop. But it's too early to be calling that
Posted by retirefire on 16th of Mar 2020 at 11:57 am
With VIX at 80 I have to be a spectator. Will wait for signal or
DOJI. You have good intuition Matt .... Friday doji not so
exciting. Been all cash. FAS looks opportunistic at
some point ???
Any of you gold guys
Posted by racerick on 16th of Mar 2020 at 11:45 am
Any of you gold guys got a feel for Gold here? Caught just one futures contract at 1459 this morning coming off lows, not sure whether to take profits here, starting to pull back some, or hold it for a swing
guys remember whatever your are
Posted by matt on 16th of Mar 2020 at 11:50 am
guys remember whatever your are following whether it be gold, or ES or ZM, or some biotech, just laser focus on one thing, that's all you can do in this market, don't try to be looking at everything. I suggest you laser focus on one thing and respect your triggers. If Steve and I see something really standout we'll note it but we have the unfortunate task of trying to monitor a lot of things, you guys have an advantage by laser focusing on one thing. Again everything bounced from the low, SPX and GDX. like I said I think what matters more is how they look at the close. Maybe a trade low is in this morning and you can have a stop. But it's too early to be calling that
With VIX at 80 I
Posted by retirefire on 16th of Mar 2020 at 11:57 am
With VIX at 80 I have to be a spectator. Will wait for signal or DOJI. You have good intuition Matt .... Friday doji not so exciting. Been all cash. FAS looks opportunistic at some point ???
I'm following gold, silver and
Posted by vinylchild on 16th of Mar 2020 at 11:52 am
I'm following gold, silver and lean hogs. keeping it simple