Mactheriverrat
3,175 posts
msg #130779
- Ignore Mactheriverrat
modified |
9/1/2016 1:14:29 PM
Submit
Using the Guppy GMMA one can see the cross over in long term averages.
Here is a download doc file that tells about the cross over as I'm sure most already know about Guppy GMMA's. Its about 7 pages.
The GMMA - trading the breakout.
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johnpaulca
12,036 posts
msg #130781
- Ignore johnpaulca |
9/1/2016 1:24:46 PM
timeframe measured by: Monthly, weekly, daily, 4hrs, 2hrs,1hr etc???
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Mactheriverrat
3,175 posts
msg #130783
- Ignore Mactheriverrat |
9/1/2016 1:33:32 PM
Daily charts!
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Eman93
4,750 posts
msg #130791
- Ignore Eman93 |
9/1/2016 3:46:21 PM
wait for it.. 36.50 let the trade come to you.
Need to look at gold and $DXY for some kind of agreement on the trade.
Why do break outs fade and then bounce at the break out price, pretty consistently in an uptrending market?
That is the price shorts target and the bulls buy.. everyone is waiting for it to get there.
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Mactheriverrat
3,175 posts
msg #130792
- Ignore Mactheriverrat |
9/1/2016 4:19:55 PM
I'm all cash right now and recouped a lot $ in the last week.
Luck maybe but I want to think I caught $DUST using GMMA's when the long group of averages started turning over.
But I'm out of any thing and every thing until we see where this market is going . Then trade the trend.
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pthomas215
1,251 posts
msg #130793
- Ignore pthomas215 |
9/1/2016 7:04:06 PM
http://realmoney.thestreet.com/articles/09/01/2016/expect-some-rough-market-action-tomorrows-jobs-report
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four
5,087 posts
msg #130794
- Ignore four |
9/1/2016 9:28:25 PM
Mactheriverrat
Nicely done
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Eman93
4,750 posts
msg #130795
- Ignore Eman93
modified |
9/1/2016 10:58:23 PM
johnpaulca
10,005 posts
msg #130778
- Ignore johnpaulca 9/1/2016 12:59:32 PM
one thing is for sure that Gold bullish is off and Gold bearish on
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on what time frame are you referring too???
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I agree with JP we are still trending bullish for gold on daily and weekly. I think we have a higher probability that gold will hold 1306 than dust will bounce at 36.50 and continue in the direction of the break out for several days. If the market thinks FED will hike it will strengthen the dollar and gold will fall. I am 2 tired to post image of the chart:
http://stockcharts.com/public/1424685/chartbook/239135770
I define bullish trend as: price is above the 100day and the 50day and 20 all above the 100 day. I should be strong in my rules and not take the pullback trade on DUST, it is not in a bullish trend, on the daily or weekly. you will see a bounce there but I don't think it will be much more than a bounce and then go lower.
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Mactheriverrat
3,175 posts
msg #130798
- Ignore Mactheriverrat |
9/1/2016 11:10:21 PM
Roger that Eman93.
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Mactheriverrat
3,175 posts
msg #130803
- Ignore Mactheriverrat |
9/2/2016 12:48:03 AM
I've add
MA(50)
MA(100)
MA(200)
to my Guppy Custom Weighted Moving Average (CWMA) Symlists to study what shows trend changes.
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