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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 19, 2011 17:05
silver is falling again.. if it goes under 34 then will go under 30 next.. and then go under 25 and maybe even 20 a little later..
rim
Turkey
Posts: 121
13 years ago
May 19, 2011 17:01
daveo
break of gold o which direcion u see
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 19, 2011 16:32
Flat gold at mo but nice triangle formation on daily. Waiting for break for next positioning.
DaveO
UK
Posted Anonymously
13 years ago
May 19, 2011 11:36
yeah skipper, I think that summarises things nicely. 24hr twitter jobby definitely "anal" along with a few other things I can think of. Information overload is a trader's enemy. Needs to be compacted. Not necessary for actual trading which I assume this is what its all about. And now we are into risking breach of contract with the third extension of freebie premium service. Correct me if I am wrong Ashraf, just worrying about you man.

If you are going to run a signal service you need to give it a lot of thought. Take a look at how other signal services out there operate. My advice would be to revert back to providing your "general" bias and leave the nitty gritty to individual traders. You can always add later when you have the basics of a subscriber service site and your email properly organised. Your email is going to be more important than twitter going forward for a proper membership site. Signal services are fraught with problems. Your expertise is in fundamental analysis.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
May 19, 2011 6:50
My latest trading call for Gold, US Crude, CADJPY & .. EURUSD
http://ashraflaidi.com/products/sub01/access/?a=429


Ashraf
Sir Ignore
United States
Posts: 3068
13 years ago
May 19, 2011 0:33
DaveO

u have 2 brains running simo? lol
Sir Ignore
United States
Posts: 3068
13 years ago
May 19, 2011 0:31
The term anal retentive (also anally retentive), commonly abbreviated to anal,[1] is used conversationally to describe a person who pays such attention to detail that the obsession becomes an annoyance to others, and can be carried out to the detriment of the anal-retentive person. The term derives from Freudian psychoanalysis.

sorry slip of the mouse
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 18, 2011 23:58
Wow Ashraf, that diverges with your gold mid term bullish bias.


Below 1462.4 should lead to 1416 next. Above 1529.5 will lead to 1538.7 or 1557.0 (Current 1496.6) basis futures. No point in looking too far ahead for trading purposes.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
May 18, 2011 20:29
Natixis take on GOLD & SILVER from MNI FX Bullets


20 min ago:

GOLD/SILVER: In the Q2 Metals Review, released Wednesday, Natixis
commodity analysts offers its outlook for precious metals. They project
an average annual gold price of $1360/oz in 2011. "With the prop of
investment inflows potentially much reduced in 2012, there is scope for
gold prices to drop further, and we forecast an average price of
$1,140/oz," they say. This would suggest gold will move toward or below
$1,000/oz at some point during this period. Similarly, they look for
silver prices to edge lower as well. "Support at $30 should hold in the
near-term, and we would expect an average price of between $31 and $32
for the year as a whole." Spot gold holds at $1494.25/oz and silver at
$34.99/oz currently.


Ashraf
DaveO
UK
Posted Anonymously
13 years ago
May 18, 2011 10:39
Ashraf, I don't recognise "1308 or 1312". My high probability levels were 1318 or 1306.6 and SPX bounced off 1318.50 yesterday. Dow levels would be 12246 and 12330 but it was the SPX you originally sited for analysis. I monitor all 4 major US stock indices + NYSE, $TRAN + internals for trading perspective.

@Qingyu, not attacking Ashraf at all, simply mapping his original SPX call against my own work which is founded upon price action and market structure. MA's are not very meaningful to me. If anyone doesn't like that, well tough. Lagging indicators are great after the event.

All the levels I post on various symbols are target levels for taking some profit, (potential reaction and/or reversal levels). Those paying attention to any additional comments made will understand further implications of the pattern work. Take it or leave it :-)