My DJI strategy is switching to buy into the close today. I might be jumping the gun on this buy I followed my 5 minute strategy in order to position myself at 27375 so I am in the money with a stop loss above break even.
I have been talking about coffee futures a lot and looking for an opportunity. This chart follows the futures I have been tracking well and we just broke out. Brazil's forests were ravaged this past year and I am expecting a perfect storm of dollar weakness and supply chain problems leading to a big spike.
I just want to get this out there now right before the next big pop. Metals are going to have a great year in 2020. Third quarter 2019 was the latest accumulation that will send up rocketing higher in 2020. Platinum might even beat out silver during this next run up as investors look to diversify their investment grade precious metal portfolios.
I am going to actually call the top here from the 28360 area.
Buy Signal Coming on the 1HR soon.
I did not feel comfortable with my previous LTC post. I wanted to take the time to see if I could really show a working trading bot for LTC off of a chart that does not have the old data. In order to get my template to work well on LTC (bitstamp) it took some peculiar settings in my code but this is now at a point I feel comfortable posting as an actual LTC bot I...
My custom buy/sell signal trade bot that works for any asset on almost any timeline.
waiting patiently for a buy signal
The recent down move in gold is showing support earlier than expected. Looking further out we see a trend from 2015 providing support several times recently and seems to be what is holding us up currently. From this point we might be walking into the next multi year bull run if this holds. If this doesn't hold we are going much lower.
No one is going to get the exact timing of this next corrective move down but its coming. Keep piling into the shorts if you can.
2008-2011 all over again.
Trade opened, target acquired.
We need to wait for 1100 before buying.
Inflation can only hide for so long.
Some more rallying before the bears take control once again..
A break of this trend could bring us higher..
I adjusted my curve and lengthened my timeline after today's close below the 200 dma. This is the targeted area. Most likely we bounce very close to 22200. 2+2+2+0+0=6
After today traders will be piling into the shorts to trade this technical break.