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I have in the past

OZ BPT members

Posted by payday on 13th of Nov 2013 at 06:05 pm

I have in the past used IB to trade various ETF's including the SPY. I now solely trade futures.

Why?

Check your email guys -

newsletter

Posted by payday on 31st of Oct 2013 at 06:40 am

Check your email guys - newsletter came out hours ago. And who is Mark?

Link here :

http://www.youtube.com/watch?v=PHe0bXAIuk0

How the economy works according to Dalio

Posted by payday on 21st of Oct 2013 at 09:21 pm

In case anyone hasn't seen this yet. Interesting video from Ray Dalio

 

Demark

2-part question: DeMark for gold? Can one do manually?

Posted by payday on 20th of Oct 2013 at 05:29 pm

Interesting that you should bring this up - I have just returned from the IFTA conference in San Francisco and I listened to Rick Bensignor from Wells Fargo talking about his use of Demark indicators along with Ichimoku clouds. He applied his analysis to gold and the S&P 500. He didn't go into too much detail but the conclusion was the gold is most likely heading down to the $1100 area in the near term and the S&P 500 is in a longer term bull market with more highs to be seen.

Great game

Chop Chop

Posted by payday on 13th of Sep 2013 at 07:27 pm

That was fun. I now appreciate the difficult job that Ben Bernanke has. My best figures were average 7% unemployment and 2.6% inflation. Smile

GC futures

Posted by payday on 12th of Sep 2013 at 08:36 pm

Hi Steve,

If gold retakes 50% of today's bearish dominant candle would it still be a possible reversal signal or is the candle just too big to the downside?

 

Gold futures

Posted by payday on 9th of Aug 2013 at 07:57 pm

GC futures right up against resistance here. Next week should be interesting.

Might be due for a pop methinks.

 

I'm with you there rose.

Frustrating

Posted by payday on 10th of Jul 2013 at 07:16 pm

I'm with you there rose. In times like these I have Steve's voice swirling around my head - just stay focused and look for objective setups.

I've never heard trading indicators compared to honeymoon sex before but hey - whatever works for you lol

ES 30 minute

Posted by payday on 19th of Jun 2013 at 04:10 am

Possible wedge and divergence forming on the ES 30 minute chart

 

That's just a scratch

My wrist

Posted by payday on 11th of Jun 2013 at 02:24 am

Looks like a band aid could have fixed that lol Laughing

But seriously all the best with the surgery and wishing you a speedy recovery

Ouch. Get well soon matt. Thank goodness it was just a broken wrist.

Look to the left of

New to BPT

Posted by payday on 5th of Jun 2013 at 01:14 am

Look to the left of your screen Frank and click on long term tools and click on mechanical system from 1961 for the S&p 500 for some impressive results. Mind you this only trades every few years and is super long term term - for me anyway.

I'm watching the 4 tick charts and it is going insane - printing so many bars in the space of a few seconds. Crazy

Copper getting smashed

Posted by payday on 31st of Mar 2013 at 09:34 pm

HG K3 down nearly 5 cents on disappointing Chinese numbers. Will this be enough to push the general market lower? I am hoping that copper will fall to the lows hit back in October 2011 around the 3.05 mark. If it does, I will take the rest of the year off! Laughing. And yes I am short HG K3

But I enjoy shopping with

GDX comments

Posted by payday on 28th of Mar 2013 at 01:52 pm

But I enjoy shopping with the wife! Have a happy Easter everyone! Smile

The triangle looks like it

NQ

Posted by payday on 9th of Mar 2013 at 10:22 pm

The triangle looks like it is getting a bit too long in the tooth. Also big gap to fill on the daily chart. Too volatile for my blood but might be good for a quick momo trade.

Patience is the key

Thoughts on Gold stocks

Posted by payday on 7th of Mar 2013 at 09:01 pm

The message I got out of it was to be patient. Don't go bottom picking. There is no evidence yet that the bottom is in place. This is NOT a good time to be buying GDx or gold stocks in general yet. Wait for more evidence of a bottom being in place.

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