Gold
Posted by Cire2222 on May 6, 2008
Gold has gained back some ground as of late giving a decent short entry here in the 870’s. I would have stops around 905 area. I would expect the dollar to continue a rally as well, I think being short the GBP/USD would be a good way to play this, as it has been weak against the dollar for some time now. Still on the sidelines in the stock market waiting for a solid signal.
Gold thoughts
Posted by Cire2222 on Apr 28, 2008
GBP/JPY
Posted by Cire2222 on Apr 21, 2008
This is a wild forex pair that makes HUGE moves. I called a long play on this pair in the forum that was good for 600-800 pips, I think it’s giving a good long entry here for anyone not already in it, but be cautious on your position size because this pair moves BIG and fast.
Going for the Gap?
Posted by Cire2222 on Apr 21, 2008
If we can get a break of todays lows I think we should be able to go down and fill the gap left on thursday. Below you will see a chart on the S&P mini futures showing the gap.
VIX > TRIN
Posted by MC on Apr 18, 2008
Yesterday (17th) I pegged a prime entry on the YM’s opening pullback to 12,570 for a long in the fourms chat. Today I nailed the opening trade again…long on a pullback to 12,780-12,790 was the call at 9:34am.
Then using the chart below I picked the prime short entry which worked quite well. The main reason for this post isn’t to brag, but more about why I prefer VIX 1000% over TRIN myself, it shows way more detail in my usage.
Compared to TRIN in the same point.
So yes TRIN moved up but it still was range bound, where the VIX showed a formation which had broken out and gave a great signal.
Good trading and I’ll see you in the chat next week. 
MC
The Sea Change has begun
Posted by Cire2222 on Apr 18, 2008
My recent post on the ’sea change’ seems to have started today. Just as expected Oil hit 115 and has begun to fall, the dollar is getting a boost accross the board and gold is selling off hard this morning. This is just what I was looking for. If you are not involved in these trades already then I think it is a fairly safe trade to get short these markets (long dollar) and put stops at recent swing highs in an attempt to catch a big correction move. Im not getting too excited yet but this could be it guys, this could be what I have been calling for. Keep your eyes peeled!
Tues Review
Posted by Cire2222 on Apr 15, 2008
Today oil popped up to new highs and we entered our short position in USO. I will watch carefully the next few days, I am expecting oil to get no higher than 115 during this trade and i expect a downward move to begin by thursday, If this criteria is not met I will exit the trade. INTC released earnings after the bell sending index futures up much higher tonight. Expect tomorrow to bring a much more volitile trading day. I have no bias in this market right now. I still like gold as a short, It is stuck range bound waiting for the follar to pick a breakout direction.
Sea Change? Top in Oil?
Posted by Cire2222 on Apr 13, 2008
Doing some scanning and reviews of multiple markets I saw a few things that got me interested in a few markets that have to do with one another. Those markets are Oil, Gold and the united states Dollar (wheat,soybeans and corn as secondary markets) I am not one to try to call tops but every now and then I think its worth a shot in the dark for an attempt at some big potential profits. So im going to attempt to call this the top in oil. Oil, gold and the dollar don’t always trade hand in hand but they do have a big relationship. We have already seen Gold put in a big reversal move (that we nailed here @ tb.com 
) and to me it still looks bearish. We have also seen a couple of the grains (wheat and soybeans) come down well off thier highs, the last leg is Oil and the dollar then we will see a complete Sea change in this recent massive bull run in commodities. How can you play this? If you don’t trade futures you can trade ticker USO ( see chart below) for oil, GLD for gold and there are some stocks too such as CVX, RIG, SLB, DO, GG, AUY etc. Below you can see some charts in regards to this matter. I would expect this to being in the next 5-10 days. If Im wrong I expect to be VERY wrong.
Chart from MC days ago in regards to the DOW/Gold relationship
USO chart with a reverse symetrical triangle and bearish divergence
Charts
Posted by Cire2222 on Apr 7, 2008
Since my internet was acting up I didn’t get charts up. So here are the charts to reference for tonight post
Youtube uploading down again
Posted by Cire2222 on Apr 2, 2008
Youtube’s uploading is not available again tonight and im not sure when it will go back up, I did a video and will post it ASAP. For now Ill give you a quick run down. S&P is sitting right near resistance, if we gap down on the futures below 1365 then go with it the gap and short, If we open up flat you can take a long in an attempt to catch a breakout move past that trendline. Gold Had a little bounce today, I think if we get a move up tomorrow in the 915-920 area i would see it as a decent short entry. I think EUR/USD has topped for now, Any shorts taken here should have stops at the highs. USD/CAD is still range bound and I still think it is a long for now.
