GLD trade ideas
GLD - BEST SELLING OPPORTUNITY YOU WILL EVER SEE.0. Okay, we are selling into strength. This is a scam:
www.cnbc.com
Chinese Services Sector takes a 1 percent GDP hit in the 2020 first quarter.
Also, this:
finance.yahoo.com
The U.S. needs to take China down, they are getting too big:
1. Long OIL
2. Short GOLD
3. Long U.S. Equities.
4. Short VXX
Ready to rock. Buy when others are fearful and sell when others are greedy.
Time to dump GLD gents.
GLDSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
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Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.)
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
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DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
- Nothing we say is a recommendation to buy or sell anything.
- There are no guarantees or certainties in trading.
- Many traders lose money. Don’t trade with money you can’t afford to lose.
Still long GOLD, since 2009 [DETAILED]Gold is still a preferred long term asset for wealthy individuals & governments. I've been long since I got into financial markets back in 2008. A wealthy client of mine (whom I did sports recovery on from a Pro Baseball career) suggested I buy gold back then. I had no idea about it, I just bought it & held on. I sold it around 2011 to start another business & have continued to be an investor/trader since.
Currently awaiting to continue buying pullbacks to the (long term) green line. This is a wealth play that I expect to simply hold long term. I BUY PHYSICAL GOLD & track the price value with the chart. You must understand market economics & the historical valuation of GOLD to understand why I approach it this way. GOLD IS NOT A "SAVE THE DAY" ASSET. It is simply a part of a long term asset building strategy to add to a balanced portfolio.
$GLD Continues to Perform in a Major Bull TrendGLD
The gold market has been in trending mode, with central banks, geopolitics, and even biology helping to foment the action. While CFTC data shows something resembling a crowded long trade in place, gold can continue higher under such conditions, just as it did in 2010, when CFTC data showed an all-time high in speculative long positioning BEFORE the big parabolic run higher.
GLD/SLV RatioStill watching this closely. At $8.71 we are right between the $9.40 top and $8.00 low that coincided with the summer 2019 run in the metals. We are running out of time and space and the continuation pattern to the downside (silver increasing on a percentage basis at a faster pace than gold) should happen soon. Market melt up is only thing keeping this from happening sooner. This time pattern lines up with VIX spiking and market selling off. Keep on eye on this.
GLD - HOW AND WHEN TO SHORT IT - NEW IDEA / January 23rd EOD!0. Okay so follow along on this one, I will make it quick;
1. Last time GLD corrected, it was around the $145 Level;
2. It was September 4/6 2019, and it went from $145 to $140 in a matter of like 2 hours (just memory, I was short that day);
3. It rebounded off the $140 support level ;
4. PUT options on the $140 are dirt cheap, and GLD owners see that as support.
5. March 20 2020 $140 PUT - $38 cents a contract- so you can go 1000 shares short for $380 + fees.
6. GLD should SPIKE on January 23rd 2020. This corresponds to the Intel ( INTC ) earnings release;
7. Many believe that INTC may tank the market, as it kicked off the 2000 crash in March;
8. Algorithms are primed to either take this market to 3850, or to 3100 based on earnings ;
www.cnbc.com
9. GLD people will load the boat on the 23rd and create a blow-off top;
0. At 3:45pm you will buy GLD March 20th 2020 $140 PUT for < $30c a contract. Throw $300 at it. If you want to take a larger position, you will need a UVXY hedge to counter this unless you are okay losing the premium. But remember you have 60 days for the New Bull Market to take hold, and the Gold Hedge to Unwind. That should be plenty of time. So just buy enough UVXY to cover the $X you spend on GLD Puts. So if you spend $10K on GLD puts, you need to hedge 10K against a meltdown. You use the UVXY to do this. VXX may not be the best hedge right now, UVXY is better (can't explain right now - no time - inefficiencies in the VIX ). If the market corrects, UVXY goes from $10 to $30 in about 2 minutes. So a $1000 purchase of UVXY would be $3000. Anyway, you need a married put or call spread to do this. This is the perfect straddle. So you would also on the 23rd of January buy a married put on the UVXY . So you buy the January 31st UVXY $10.50 put for 50c or whatever, and that give you a week with total protection, against INTC and AMD . All crashes up the 31st of January will only cost you about $500 US for 1000 shares of UVXY for a week. If the market crashes you make $20000 US in about 2 minutes when UVXY spikes to $30, and that is okay, as your $500 puts are worthless, but the stock has a delta of 1.0 so whatever you sell it at, minus $500 is your profit.
1. If you do this, you need to carefully watch the market next week.
2. If INTC raises guidance or beats, or whatever happens and the stock actually goes up on a tear, then GLD is really finished. Gold would probably be around $120 by the end of March and you will be $20K richer, for just a $300 risk/reward.
3. I don't know about you, but this is a nice setup.
4. I also don't think there will be any stops along the way.
5. You need options to do this;
6. So. You can buy all the semiconductors CALLS on the March 20 Strike you like and ALL the GLD PUTS on the March 20 $140 Strike, and just hedge the whole thing over earnings for about $500 bucks. Then you know the direction, and you run with it baby!
7. If you haven't been following my AMD thread, you have really missed out. Been trading it personally and we manage an investment trust on AMD as well. We are long from ~$28 and shares will have to be pried from our cold, dead, hands...
- The AMD Whisperer
GLD - GOING TO $120 WITH STOPS ALONG THE WAY, STARTS MONDAY0. As always read all my other notes on AMD and such. This is related.
1. GLD is done. No time for explanations tonight. Went massively long on all out performers Friday AMD (More), AAPL (MORE), CRM (MORE), ADBE (MORE).
2. We are above to start a new Bubble Upwards. People need cash to chase this bubble. AMD goes to $100+ soon.
3. GLD we went short heavily on Friday 10th of January. We are holding short and adding to $120.
4. I had this idea once before, based on fund flows, but I was a couple of weeks early. China signing, and earnings, cheap money, Feb, Trump PUT, and China, USA, and soon Germany Stimulus and Bubble Time.
5. GLD may be SUB $100 before this ends...
GLD - BEARISH ASCENDING WEDGE / PORTFOLIO REBALANCE / SELLOFF1. I don't normally post about Gold, but I will personally be dumping mine tomorrow and buying more AMD and AAPL. Time to chase the real winners, and drop the hedges.
2. Confirmation:
- GLD selloff (of course)
- TVIX, VXX, UVXY selloff
- SMH++
- AMD / MU / TSM ++++
- VIX - Complete Breakdown
3. You can make the GLD negative interest rate argument all day long, and election madness, and Trump whatever, but GOLD is up big this year, and that is exactly what I would dump to chase
the MELT UP STARTING TOMORROW.
HAPPY NEW YEAR.
GLD - still waiting on $143+ close!Premarket we got the spike I was looking for above 143 but as the day grew long risk on became the closing theme of the day and they hit GLD and GDX sending them to the lows of the day. I am expecting big things for gold in 2020 and when this instrument has a solid close above $143 I will look to add to my gold positions. Be patient.
GLD - $143+ (still waiting)GLD has noodled around in the $141-$142.70 range for a few days now and hasn't had the type of impulse leg that tells me the consolidation is up. Like last week's note, I'd like to see a close on some decent volume above 143. We closed just above the yellow line but need another $5-$7 to convince me.