Starting it off.
Al
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made some on NFLX long weekly calls. Thanks rat, for your wonderful chart work. Lost some on AAPL long weekly calls, but overall today, I made more than I lost, Something unusual happened in my AAPL exit. I entered a market SELL order to get out of a losing AAPL trade, and the order did not execute for about thirty minutes. Thats a new one on me.
Al :--)
Al :--)
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made some on JPM long calls. JPM had a longer term X*AB=CD with a Kane Flat ABCD in the BC leg. I added a couple of AAPL charts, which I did not trade, to show a 0.382 fibo and a 0.618 fibo overlap at a price reversal.
Al :--)))
And AAPL:
Al :--)))
And AAPL:
RA
rat89
Rep: 0
Posts: 7,015
gld and gdx daily - as you all know I've been very bullish on gld and gdx, however, there is a scenario where gld completed 5 waves up for wave PY at 148.62. The lack of confirmation by gdx is troubling, and there is a bearish gdx possibility that cannot be ignored. These are the charts as of the close yesterday, and until gdx takes out last week's high, we won't know. for now I am viewing this recent pullback as wave minor 2 of [5], and the typical wave 2 retraces 62% - 78% of wave 1. Those areas are 27.35 and 26.66. Note that the bull scenario is intact as long as 25.79 is not taken out.



















