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Gc!!

Gold - GC 1 hourI have a cool mate in my ForkTrading Group. He is trying things out, ask questions, sends me charts and throws comments in the blog section. Hi has quiet a good eye. And he's willing to learn. Today I got a chart about Gold from him. I gave him feedback, attached with this two charts. This one is a middle view of both. First I always want some context. Especially if I go down below Daily timeframes. And then I look for details. Like the Sine-Wave, Intention, S&R etc. Here's my thinking about a trade in GC 1H: If anything, I would wait for a pullback in this hourly timeframe to go short. What do you think? Post your comment and if you like to learn to earn, get my free ForkTrading BLUEPRINT. P! Emilio
COMEX:GCJ2018Short
by Tr8dingN3rd
4
Gold Future (CME)Double Re-penetration Pattern. Trade setup with Buy Stop position (EP) at 1337.5, Stop Loss (SL) at 1333 and Take Profit (TP) at 1342. Money Management I have 22,800 USD in my portfolio. I can lose 5% of the port which is 1,140 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $22,800 / $3,850 = 5.92 Cons) It is 4.5 Tick from EP to SL, with 1 Con, I will lose 4.5 * $100 = $450 To lose 1,140 USD I need to open 1,140 / 450 = 2.53 Con Then I will put 2 Contract If I win, I will gain (1342 - 1337.5) * $100 * 2 Con = $900
COMEX:GCJ2018Long
by SuppasitWechprasit
Gold Future (CME)Turtle Soup. Trade setup with Buy Stop position (EP) at 1336, Stop Loss (SL) at 1329 and Take Profit (TP) at 1350. Money Management I have 22,800 USD in my portfolio. I can lose 5% of the port which is 1,140 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $22,800 / $3,850 = 5.92 Cons) It is 7 Tick from EP to SL, with 1 Con, I will lose 7 * $100 = $700 To lose 1,140 USD I need to open 1,140 / 700 = 1.62 Con Then I will put 1 Contract If I win, I will gain (1350 - 1336) * $100 * 1 Con = $1,400
COMEX:GCJ2018Long
by SuppasitWechprasit
EPA approval & Partnership news within 2017--> very BULLISHAMEX:NAK TSX:NDM FWB:ND3 NAK (Northern dynasty minerals) 100% ownership of the pebble project (pebble mine) the following is just my opinion, you never know what happens :) this month is probably the last chance to jump in. - official EPA approval incoming, with pruitt its a done deal already! just formalities!| latest 14th Nov --> institutions jump in? spike to USD3+ - partnership news incoming, as per mgmt within 2017--> hopefully JV for 50% with an option for the other 50%! Maybe a consortium, and if we are very lucky BO | 50% for USD7 - USD9/ shares | BO USD15+ - permitting process incoming, starting end of 2017 the reason why we will get partnership news within 2017? The company has too little money left for the permitting process, and they already hired these guys: " Senior Vice President of Engineering and Project Director Stephen Hodgson (P. Eng.) will lead Pebble’s engineering and project development team, with responsibility for all aspects of project design, engineering and financial studies and regulatory compliance. He will be supported by Vice President of Permitting James Fueg (PMP, CPG), who assumes responsibility for all aspects of the project’s regulatory permitting team and process , including management of environmental and socioeconomic studies, liaison with federal and state agencies and active management of Pebble’s forthcoming Environmental Impact Statement (“EIS”) process under the National Environmental Policy Act (“NEPA”). " source www.northerndynastyminerals.com - 33m short interest = ~10% --> short squeeze when we hit >USD3-4? - biggest copper, gold, moly, silver mine found on this planet yet! - safe mine design! no cyanide used. source www.northerndynastyminerals.com - metal prices are rising, specially copper. must read: very detailed report about this mine www.docdroid.net
AMEX:NAKLong
by chrisinger
GOLD Short Term OutlookShort term outlook of gold on the 4 hour time frame. A break of 1264 will create a new wave down and a break up from current price can see a very nice move up. The Euro is looking strong for today which is positive for eurusd and will also see gold up so I say a upper wave is more likely. But keep a close eye on it just in case 1264 breaks. TP: 1288 SL: 1262, (if 1264 breaks start selling) 1262 instead of 1264 because I dont like stops exactly on the right spot in case of just a short spike.
TVC:GOLDLong
by JoshFX1
3
GFI: Bought at market open - Huge potential, great fundamentals$GFI is an optimal pick when it comes to gold miners. The valuation is very good, and growth exhibited by the company this year exciting. The situation in South Africa has scared investors away, but I believe it will be a very interesting trend going forward. At the same time, this play serves as a risk off bet, which is welcome in the current enviroment. We are long with a 10% position from 14.09 as of today's open. Best of luck if joining me on this trade. The monthly trend is potentially up, and there is a chance to confirm a rally to considerable heights by the end of the month. Cheers, Ivan Labrie.
NYSE:GFILong
by IvanLabrie
8