Starting it off.

Al

aem 60 - median line target in view - eye on 46.14

gld 15

gld has a perfect setup for a sharp move up as well as a sharp move down.....primary count is up, but alternate count says the high is in already and this is a retest......very tricky here:

Thank you Marcin. I hope I can develop a trading edge! Jim's very important 0.886 fibo is hard to beat. BTW, I am not showing any of my losers. I have quite a few of those, LOL. IMO, the 50-200 crossover - STO idea is fractal, and works on all timeframes that I have tried. One last thing, the STO OB/OS idea seems to be symmetrical, in that the STO OB or OS areas seem to show up both BEFORE and AFTER the 50X200 crossover. Thanks for your encouragement!

Good Trading,

Al

Originally posted by MarcinO

Wow, that's a very nice stuff you posted here, Al!
AEM looks particularly interesting from your approach standpoint.

rat,

Cool work. I am watching NEM. I am hoping for an upmove. Hard for me to figure out!

Al :--)

...and AT and NEAR the Crossover!

Al :--)

Originally posted by albert

Thank you Marcin. I hope I can develop a trading edge! Jim's very important 0.886 fibo is hard to beat. BTW, I am not showing any of my losers. I have quite a few of those, LOL. IMO, the 50-200 crossover - STO idea is fractal, and works on all timeframes that I have tried. One last thing, the STO OB/OS idea seems to be symmetrical, in that the STO OB or OS areas seem to show up both BEFORE and AFTER the 50X200 crossover. Thanks for your encouragement!

Good Trading,

Al

Originally posted by MarcinO

Wow, that's a very nice stuff you posted here, Al!
AEM looks particularly interesting from your approach standpoint.

Just one more chart for your consideration, showing 2 STO OS areas, 1 before and 1 after a 50 200 Gold Cross,

Al

Originally posted by albert

...and AT and NEAR the Crossover!

Al :--)

Originally posted by albert

Thank you Marcin. I hope I can develop a trading edge! Jim's very important 0.886 fibo is hard to beat. BTW, I am not showing any of my losers. I have quite a few of those, LOL. IMO, the 50-200 crossover - STO idea is fractal, and works on all timeframes that I have tried. One last thing, the STO OB/OS idea seems to be symmetrical, in that the STO OB or OS areas seem to show up both BEFORE and AFTER the 50X200 crossover. Thanks for your encouragement!

Good Trading,

Al

Originally posted by MarcinO

Wow, that's a very nice stuff you posted here, Al!
AEM looks particularly interesting from your approach standpoint.

Well, my foresight is not very good. My hindsight is a little better, I think.

Good Trading,

Al

Originally posted by albert

rat,

Cool work. I am watching NEM. I am hoping for an upmove. Hard for me to figure out!

Al :--)

Al,
Hope is not a word that should enter your mind in connection with trading. Let the charts speak to you and remain agnostic. Trade setups that are so good they jump off the chart. Nem, like gld, is in a make or break area at 42. Nem has been the leader among the major miners, and the fact that it was weak today with aem and gg pushing to their target areas could be a massage. Or it could be a fake out.

Originally posted by albert

rat,

Cool work. I am watching NEM. I am hoping for an upmove. Hard for me to figure out!

Al :--)

Today was not a stellar paper trading day for me. I placed four option trades today and three of them expired worthlessly. I did manage to make a small profit in UAL. I broke my resolves to be patient and to enter trades at a price pullback. It cost me. Nice setup but poor execution. The pullback was to a 0.146 fibo.



Al