Do you own TZA even though is outside the BB? Or are you holding TNA for an upside run?
Thanks
I got some TNA now. I think it has a good chance of a run to 42-43$ range. Also holding a small SPY put as a hedge; if TNA runs anywhere near 40$ the SPY put losses will be erased.
Dow Trader wrote:Because it is friday, I will show my weekly chart ...
If you follow my charts, you will know that I am a cloud fan ...
I do not understand if you are trying to advertise your site, are you? What is this chart about?
I am showing in this chart what I think about the weekly cycle and I highlited the impotant of the cloud in this chart, if you don't like my charts, just let me know because I don't want to post something that is not useful for the forum or post anything unwanted here.
regarding my site, I don't prefer to talk about here
Find your charts very helpful. Would be disappointed if you were to stop...
Dow Trader wrote:Because it is friday, I will show my weekly chart ...
If you follow my charts, you will know that I am a cloud fan ...
I do not understand if you are trying to advertise your site, are you? What is this chart about?
I am showing in this chart what I think about the weekly cycle and I highlited the impotant of the cloud in this chart, if you don't like my charts, just let me know because I don't want to post something that is not useful for the forum or post anything unwanted here.
regarding my site, I don't prefer to talk about here
Dow, pls keep on posting your clouds; I want to get the feel for them. My baby is the ellipse, the more I get into em the more interesting they are... Thanks.
stucap wrote:does anyone have an opinion/chart on gold/platinum ratio? just seems a little wacky that a platinum grill would be cheaper than a gold one
Platinum is being affected by the global slowdown because of its industrial usage.
Gold is pulling back with the market. Despite it's safe have appeal it still has a significant correlation to the market.
Uempel. Sometimes I see the references to paint those ellipses, but usually i can't see which points do you use. For example in this last chart, what are the references for the lower ellipse? Instead of lose your time explaining it, could you give some references (books, links, whatever) to study them? Thank you and I guess we can start to say Merry Christmas!
Dow Trader wrote:Because it is friday, I will show my weekly chart ...
If you follow my charts, you will know that I am a cloud fan ...
I do not understand if you are trying to advertise your site, are you? What is this chart about?
I am showing in this chart what I think about the weekly cycle and I highlited the impotant of the cloud in this chart, if you don't like my charts, just let me know because I don't want to post something that is not useful for the forum or post anything unwanted here.
regarding my site, I don't prefer to talk about here
Dow, pls keep on posting your clouds; I want to get the feel for them. My baby is the ellipse, the more I get into em the more interesting they are... Thanks.
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Uempel - with respect, I cannot make any sense out of your ellipse charting. But, that may be because i just don't understand. I've followed and tried to pull insight from them for some time, but I always come up empty. Seems very busy, contradictory and, frankly, ad hoc in the interpretation. But, more power to you, if you're able to make money using them.
A.
stucap wrote:does anyone have an opinion/chart on gold/platinum ratio? just seems a little wacky that a platinum grill would be cheaper than a gold one
Stucap. I am planning to buy GLD next week around 161. I will try to do a chart this weekend. I plan to use GLL puts as the vehicle. good luck in your trading and carry on.
not good, I'm disappointed in bulls but until the morning low decisively broken, it's still early to say that the rebound failed.
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Watching FIO now for a swing trade.This has had a good PBOH..Look at the dn channel and the double bottom and the up channel you will see it did not break the up channel res and is starting up.I'm not buying right now but this is on for my next buy as the mkt moves up so as usual lets see. PS this could have a lot of up if it moves.