Monthly MACD and SS both bullish. Waiting for breakout.
Wednesday, August 13, 2014
Thursday, July 31, 2014
Prediction
I might be wrong but my prediction is here. Too bad I can't enter buy position. I will be out of city without internet. It seems 1240 is another great support zone.
Happy
Why I'm happy? Cause I don't trading. Trading is stressful job. Two good trades per month is perfect for me. Over trading will kill your balance quickly and you'll get nervous when you see the market too closely.
Monday, July 28, 2014
8 hours slow stochastics
Monthly, weekly, daily slow stochastics still down. 8 hours of slow stochastics overbought and ready point down. Maybe this time gold will fall below 1280.
Friday, July 25, 2014
Tuesday, July 22, 2014
Tuesday, July 15, 2014
What really happened?
Here's what happened. I gave too much credit for weekly and daily indicators. When I made bullish calls monthly stochastics was already crossed and pointing down. I know I don't have to ignore the monthly slow stochastics. It's really good indicator. Glad I ended up with small loss. It was truly a noob mistake by me.
Thursday, July 10, 2014
Monday, January 13, 2014
Wednesday, January 8, 2014
Tuesday, January 7, 2014
Monday, January 6, 2014
Sunday, January 5, 2014
Wednesday, December 18, 2013
Wednesday, August 14, 2013
Friday, April 12, 2013
Metals plunging
Daily stochastics crossed and pointing down. Still long way to go to become oversold area. Next stop 1450?
Thursday, March 28, 2013
Friday, March 15, 2013
Bulls hanging well
So price fall wasn't dramatic. Which shows strength of the bulls. Weekly MACD flattens. Weekly slow stochastics about to point up. It means next week metals will penetrate 1600 hurdle and rise further.
Wednesday, March 13, 2013
Metals can't recover
Gold and silver slow stochastics so damn oversold. But in reality it can't really recover now. On daily chart bollinger bands are narrowing. Usually it's indication of breakout. This time it's most likely downside breakout AGAIN. Daily slow stochastics also falling. Maybe my predicted 27.50 area?
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