Loading ...Mr. copper—22:28
(WANKA) Aug 11, 23:13
Good evening to you kind sir. As I see it on the charts [and I know everybody in the world sees it to] 425 area is very powerful resistance. I’m shooting for that area in my contract holdings to date, and will add to positions on corrections after breakouts [short term] working towards 425 area.
When [and I feel confident not to say if] the target area is reached, and there is no strange economic happenings, I will liquidate my longs, and hedge my physicals. Also probably cash out the fund looking for a re-entry at lower price [whatever that may be at that time].
After a correction and using fibo retracements etc. I will look to re-enter contracts, cover my hedge, and continue the ride in the club car on the gold train.
I promised to keep you apprised of my trades and shall so do as long as it does not violate the forum protocols.
Mr. C this is only one mans opinion without crystal ball. But I do roll my bones and read the chicken entrails…
Good trading Mr. c and see you in the club car.
mr.copper 12:08
(WANKA) Aug 12, 13:06
You are most welcome Mr. c. I put on long Dec. silver this morning @4.85 inside the gap [4.82-4.87]. We shall see.4.84 low on the day so far lucky shot, expected possible gap fill to 4.82, learned long ago to fade the number. [Allow breathing room]–good trading
8/13/ 13:35
ps: placed entry with to tight a fade of fibo 357.10 basis Dec. to further add to positions @ 357.20 this morning with no fill. Chased it a tad but got away. Hindsight says “a little broader fade 357.50 ish” or an mit order. Hindsight is always 20/20.—-good trading
mr.copper —closed contract positions today entered from mid july thru early aug. in g&s and am flat…
(WANKA) Oct 30, 14:11
as i have promised in the past, at your request to keep you posted, the 3rd try at breaking the mid 90s area met with failed attempt so maybe more time is needed to make a responsible break to 400. powder dry and looking for lower prices for re-entry.
goodtrading and viva500 mr c