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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)
 
Qingyu
manchester, UK
Posts: 1763
13 years ago
Sep 23, 2011 19:51
yes, no way.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 23, 2011 19:32
hold over the weekend in this environment? No way.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Sep 23, 2011 19:28
Short ES between 1130-1135, for limit between 1116-1123, stop at 1142.



Ashraf
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 23, 2011 19:22
Funds are done liquidating and op ex closes Tuesday?
That will be the bottom.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Sep 23, 2011 18:09
1633 down, but dave's target more sensible.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 23, 2011 17:30
My #'s are futures continuation, typically $3 tolerance to spot
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 23, 2011 17:24
Yes 1640 area is 61.8% ret from the 1462 low made on the 5th May. Also have 50% ret from the 1325 low made on the 28th Jan at 1626 to provide a widish cluster of potential support. Its difficult to know which of the two lows to prioritise because pattern up in gold has been so impulsive. I note also the 100dma comes in at 1635 to reinforce the cluster. So we have a cluster ranging at:-

1640
1635
1626
hassan1381
London, UK
Posts: 6
13 years ago
Sep 23, 2011 16:58
i guess next stop for golg is 1640 ? anyideas
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 23, 2011 16:56
yes I am interested to see how they force through eurobond option very soon before an impossible crisis. Seems crazy to wait for the crisis which is what politicians most always do.
djellal
LAUSANNE, Switzerland
Posts: 531
13 years ago
Sep 23, 2011 15:52
@ daveO,

Indeed it's our job to know how to change with the belief, measures of the Fed and the lack of QE I had not choice, but I'm attentive to the enthusiasm that the eurbonds might encourage