The setup for the big trade

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Tue, Apr 28, 2015 - 6:22am
Gold Dog
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Kid

I have never posted any trades that couldn't have been entered in real time by anyone with a futures account.

No "Past Posting" to use a ponies expression. For instance I am currently 12 ticks under water on my AM5's.

The best traders I have ever known on the interwebs* were those that posted yesterday's trades.

Your friend,

Dog

*"A series of tubes."- Joe Biden

"Gold will be master or slave."- Horace
Tue, Apr 28, 2015 - 6:40am (Reply to #7431)
SilveryBlue
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AM & GD

I might not understand a 100% what you are referring to, but I get the gist.

The gist is enough as I am not trading. (couldn't trade if my life depended on it, more accurately)

I do enjoy the byplay and the honesty. Above all the willingness to share. You both rock.

smiley

Tue, Apr 28, 2015 - 7:45am
erewenguy
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SLV failed retest trendline resistance

In a post sometime back AM urged that we keep our eyes on moving averages or resistance and support levels to determine direction moving forward.

Just an update on the failed retest trendline resistance in SLV.

Please excuse the spaghetti mass of moving averages and trendlines. I'm too lazy to delete these from my chart for this post and then re-enter.

The spots to focus in on are highlighted by the green arrows and the single straight yellow line.

SLV weekly

Failed retest of highs established the line in August 2011. Line was touched again in November 2012. It was not touched again until 2015.

SLV daily

In 2015 we have breached this line 3 times, most recently yesterday. Price on April 6 actually moved entirely away from the resistance. Bulls are putting serious pressure on this resistance line.

Tue, Apr 28, 2015 - 10:01am
redwood
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This is playing out just a

This is playing out just a little too predictably.

Tue, Apr 28, 2015 - 10:18am
erewenguy
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Predictable?

Let's see where the bus takes us

Tue, Apr 28, 2015 - 10:25am (Reply to #7436)
redwood
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Well in the context of my

Well in the context of my post yesterday anyway. I'm watching to see if gold holds above 1208 today, but on the alert for a smash down. Yes, always watching to see where the bus takes us. It's been a difficult ride lately. :)

Also watching the dollar as it plummets. For the moment they are inversely correlated, but of course that can vary too.

Tue, Apr 28, 2015 - 11:00am (Reply to #7437)
uki
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redwood wrote: Well in the

redwood wrote:

Well in the context of my post yesterday anyway. I'm watching to see if gold holds above 1208 today, but on the alert for a smash down. Yes, always watching to see where the bus takes us. It's been a difficult ride lately. :)

Also watching the dollar as it plummets. For the moment they are inversely correlated, but of course that can vary too.

agree. FOMC minutes can be adjusted accordingly, if needed.

Tue, Apr 28, 2015 - 11:01am
csquared13
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AM: DX made a lower-high in

AM:

DX made a lower-high in April..also noteworthy IMO.

“Everybody gets what they want out of the market.” -Ed Seykota
Tue, Apr 28, 2015 - 11:53am
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AM, If it fits with your

AM, If it fits with your strategy for what you offer viewers on the public forum, would love to see you continue to post the GV points in advance. Seems to me that we might have passed a few doozies within the last week? All the correlations the gold media has focused on and continue to do so continue to be fairly useless. IN Brent Cook's words.

It’s understandable. Day after day, month after month, the metal, currency, and gold experts proclaim, ad nauseam, that Indian, Chinese, and Russian buying; currency debasement; global conflicts; Eurozone breakup; trillions in US and global debt; pending financial catastrophes; secret hoarding, etc. (the list is published daily at kitco.com) portend an imminent resurgence in the gold price and, by default, the mining stocks. Yet nothing really happens.

The increased volatility this month and the increase in pronouncements of swing trades, seem to have correlations that are less noticed or sought after but nonetheless have been part of your paradigm since the start of the thread. If I had done nothing but put bets on the table with some of these correlations, I'd have made handsome profits although not looking to trade these things but see if these trends portent something that is not easily seen other ways including currency correlations.

Tue, Apr 28, 2015 - 12:30pm (Reply to #7440)
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Have we caught up with the

Have we caught up with the last G-V update already GL?

Well yesterday to tomorrow is one and the power grabbing psychos in society are busy right now, probably more boardroom than streetfight type activity, possibly big enough to turn bonds, stocks or gold, and well worth watching what direction the assets begin to move towards after this little reset.

We have Central Bank based activity 1st-3rd May which seems to have a weekend included in it, price based inflection 6th May, accompanying G-V on 7th May. I'll add more later.

In general it's running highish but not off the charts.

Pure geo-violence is reduced from the late Feb-mid March period. It's rising in short bursts this month (not consistently in the red just spiking up and back again)during May).

Bigger peaks coming further out at mid May, end May, mid June and end June. I'll provide those dates as we get closer and the number of variables can be calculated better.

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Tue, Apr 28, 2015 - 2:15pm
my mothers keeper
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interesting... Cash Is

interesting...

Cash Is “Crashing” From Stocks – Is The Stock Market Set Up To Crash?

https://thenewsdoctors.com/cash-is-crashing-from-stocks-is-the-stock-mar...

"...but I would suggest that if this divergence continues, with stocks moving higher and cash leaving stocks, the Fed has greater control over our markets than anyone outside of the elitist circles understands – and that’s a truly frightening prospect."

Tue, Apr 28, 2015 - 7:39pm
ILYA OYVEY
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Doesnt look like Jesus is

Doesnt look like Jesus is coming any time soon to save Gold. Someone sent me an AM link. Looks like AM is even thinking we have to wait till 2017.

Tue, Apr 28, 2015 - 10:10pm (Reply to #7431)
redwood
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"As a pacing effort it seems

"As a pacing effort it seems to have worked out ok. I got tired a few times but never wanted to end the thread. And readers are still coming here a couple of years later, so hopefully readers have also adopted a good pace so they last in the market conditions we must trade through."

It's a welcome relief to hear you say this. I appreciate your tolerance and patience greatly and can say it is a rare quality especially in cyberspace where many take free license to say or not say....whatever.

Planning, pacing, persistence, patience, (can't think of other alliteration) all good, all ingredients of good yields.

Wed, Apr 29, 2015 - 12:32am
Safety Dan
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35 Year Gold With Monthly Bars

Wed, Apr 29, 2015 - 3:40am (Reply to #7432)
Kid Salami
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Gold Dog wrote: I have never

Gold Dog wrote:

I have never posted any trades that couldn't have been entered in real time by anyone with a futures account.

Yes I know, there are others on here who just "appear" midway through a trade - bullshit I call. I was just pointing out, rather long-windedly and sarcastically, that this thread is aiming to be a teaching resource rather than signalling service and that your trade posts would be much more useful and relevant if there was a chart and some explanation, however brief, as to the reasoning behind the position.

Wed, Apr 29, 2015 - 4:45am (Reply to #7443)
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ILYA OYVEY wrote:Doesnt look

ILYA OYVEY wrote:

Doesnt look like Jesus is coming any time soon to save Gold. Someone sent me an AM link. Looks like AM is even thinking we have to wait till 2017.

Every year has it's best times to buy, which is of course a price low - if we can identify it as such realtime. The process of realtime identification eludes 90% of all who try, including financial professionals, and the difficulty of doing it is totally invisible to all who can't. Like armchair sports experts criticizing a throw at a game, but who can barely run 400 yards they talk cheaply. And talk is cheap. Talk a bit more, make a call, put your reputation on the line, in permanent printed form, so we can see over time how good or bad you are at this game with money that we play.

Open a thread with traceability to your real name, and put your views out repeatedly for evaluation, rather than pissing your snide comments in a place where someone with balls has been doing just that for several years and thousands of posts.

But we already have noticed that when you post here price is usually making interim lows and close to a buying point, you are led by price and don't know it.

In every two year period, one of them contains a lower low which is a preferred time to acquire assets. Not any two years, this applies to every 24 month period there ever was or will be.

2017 is no exception to that.

Also, lows are opportunities, and not every low is an all time low. Similar for highs. Long term trends make most substantial price extremes irrelevant later, but the opportunity they offered was real, if taken.

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Wed, Apr 29, 2015 - 5:21am (Reply to #7443)
fslade
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ILYA OYVEY wrote: Someone

ILYA OYVEY wrote:

Someone sent me an AM link.

I'll tell everyone 2 things. 1. this "someone" isn't making money in the markets, and 2. this "someone" doesn't know how I know they are not making money in the markets.

Wed, Apr 29, 2015 - 9:20am
Salisbury House
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Gold to thrust 1223 today.

Gold to thrust 1223 today.

Wed, Apr 29, 2015 - 10:38am
Safety Dan
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Gold Dog, & AM

Gold Dog, 

I don't think I've ever thanked you for your help in keeping this site alive and help it through the transition. My Filipino wife has her silver saved with the same envelop you sent, as a winner of one of your prizes. She values the silver and your comments.. 

Thanks for your willingness to post your trading. I've learned as you post and act.. Keep posting. If not here, let me know where you chose to post.

Btw, I know you already are aware of this, however, its my feeling that when someone is targeting you, you must be rustling the feathers and near the bulls eye. 

AM, 

Great comments above. Its not easy to post and make the calls for the future like you have. I blew it on my last one. While not afraid of the flack, I struggled with missing. What did I do wrong? Time will tell and teach.. 

Thanks for standing fast and guiding this thread where you want it to go. While none of us have control over the other, we can post our thoughts in a manner that will speak the truth, with thoughtfulness embedded. 

Wed, Apr 29, 2015 - 11:03am (Reply to #7450)
Kid Salami
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Safety Dan wrote:Btw, I know

Safety Dan wrote:

Btw, I know you already are aware of this, however, its my feeling that when someone is targeting you, you must be rustling the feathers and near the bulls eye. 

Er, are you referring to me? I'd be interested in hearing what "bulls eye" is being hit, please enlighten me - Dog is fully aware, as a seasoned trader, that no'one can or should ever ever ever blindly use someone else's calls and analysis to risk their money, and that anyone doing so will, eventually if not immediately, lose their money **. If you don't know why this is true, then you shouldn't talk about things you don't understand. If you do, what "bulls eye" are you on about then?

So I'm simply voicing what at least one other person must have thought, that - without analysis - these posts have zero utility in the reference frame of this thread. If this is "targeting" then so it is, call it what you like. I just think that AM created this thread and sets the tone and theme, and people should post in support of this theme and not insert their own themes and derail the thread, with, for example, intraday scalps, bitcoin, sugar trades, the "Roths", or whatever.

PS. rather like Sideshow Bob did when complaining about television on a large TV, I'm aware of the irony of posting about other people derailing the thread while I am, in fact, derailing the thread. You can't have everything.

** Reference: Livermore and every single book written on trading since then.

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