I took the gold trade

If it doesn't come down now it ain't never coming down. They are hammering it with sells but support just keeps pilling up...not good

This website is a POS

Gold.....


Trade Entry Calculations:
Entry BUY: @YG trigger at 1122.1
Protective stop: Sell trigger at 1118.2
Profit Targets and Risk/Reward Calculations
Minimum Wave C Profit Target is: 1138, Risk/Reward: 4.08
Typical Wave C Profit Target is: 1149.3, Risk/Reward: 6.97
Typical Wave 3 Profit Target is: 1164.8, Risk/Reward: 10.95
Maximum Wave 3 Profit Target is: 1205.3, Risk/Reward: 21.33

Yes, my signals are all over the map. I just got this but am not listening...lol

Trade Entry Calculations:
Entry BUY: @TF trigger at 679.7
Protective stop: Sell trigger at 677.7
Profit Targets and Risk/Reward Calculations
Minimum Wave C Profit Target is: 687.6, Risk/Reward: 3.95
Typical Wave C Profit Target is: 693.2, Risk/Reward: 6.75
Typical Wave 3 Profit Target is: 700.9, Risk/Reward: 10.60
Maximum Wave 3 Profit Target is: 721, Risk/Reward: 20.65

Someone is dropping big bombs on the mini RUT. About ten times the normal size it usually gets. Fast and furious selling chunks.

It has led the ES in the past.

Posted this last night on the blog. Hopefully it works out. Prediction boxes line up pretty well with cycle lows and small bounce after initial move down on half cycle.

Sellers coming to the rescue...it's Thursday

10:20 am maybe right here

Man oh man...

My bung hole was getting a little puckered. We ain't out of the woods by any means yet but that was as far under water as I like to get. Still no PD even on tiny time frames so the rest of the day "ought" to be OK. Still massive ND on the bigs.

75...needs a drink

One thing is for sure. After looking that chart over you have know that it has to correct or we are in one of the biggest bull runs in history. It is amazing.

Even bigger one at 3:57
Upvol - 675,450
Dnvol -182,903

in just one minute

I would have to say in all my years of trading I can't remember seeing anything this bad that didn't correct.

Unbelievable:

The volatility is even gone on FED day. Sux for intraday trading. I was happy all week thinking I was going to get some volatilty and volume. Even the daily volume blows.

Well tomorrow is carry over day...the day that the real trend following Fed spew starts. We shall see

75

ES is pretending it is the leader and not the lagger by shooting up. That is where the PPT hits the hardest. RUT is not participating.

Very good news for bears

They gave me the number I wanted all along.
Screw um...added and all in again

Back in @72.5...right where I got out...lol

Taking the 2.5 and looking for 673.5 for re-entry

675 maybe on TF (678 on $RUT) is where the hurt should kick in.

I am all in

That was an exit of 1124.50, not 1024.50

Out of Gold before Fed at 1024.50 for a nice gain. I think gold will remain in a trading range between 1050 and 1150 for months.

Cap

I got around 648 ON TF for the initial fall. That works out to 651 for $RUT.

Well I agree with his forecast here for sure.















DOOMED...lol

I would be glad to. It's just like stocks on steroids.

Mini futures...ES (mini SPX) and TF (mini Russell 2000) and NQ (mini Nasdaq) and YM (mini Dow). No stocks for me.

If it is a drag on SPX then it's worse than I thought. He is right. It doesn't appear to want to be in a half cycle. It appears DOOMED. When you look up cascade in Websters that would be what you would see...XLF

That looks fugly....short, short, short.

I will have to do one on XLF to see if I agree...lol

That's just what we need...lol
We can't even get our own country running and we have to go fukin w/ everyone else...whatever

75...tired of this chit

My Hurst software made it's first trade today...SHORT

It all looks ready dude but there is always the PPT. Personally I don't think they can help now. 240 minute put in a sell sign for the first time since last month as well. It can't even stay flat and stay on a buy.

Oh...BTW

The markets were flat to down.
Crude was down pretty good.
and Gold was up.

Since I have failed so miserably lately I wanted to remind you I was right...LOL

Thank you Hurst

75

Update...

With the FLD's and VTL's so tight together and cycles a little overdue the chances of the price cascading down increase every day. The red blocks indicate the most likely place for time and price to intersect based on Hurst theories. The red and white line indicates an even stronger chance based on market strength and trend. This is as of the close Friday but with little to no price change today I posted the one day old chart as I have been working on it over the weekend. Even if the price remains at this level for another couple of days we will have started crossing some boundaries.

I have ES or SPX down to around 1020. The rest of the broad markets going down...Crude going down and Gold going up. ES doesn't even have to fall very far on close (8 points) to set off the trigger to cascade...IMO

Kinda strange but maybe the disconnect will start except for crude. It must be the economic demand for crude or some kind of other funnymental crap.

I guess I will be short most of the week on ES and the mini RUT and long gold if my triggers hit.

Okey dokey...

Lots of studying and I think we have the best chance in a LONG time for the price to start cascading downward this week really, really hard.

Maybe a new high first or just some serious stop killing on good volume...then the fall. Or maybe just a fall...really really soon.

My 2 cents

It's a date...

I don't know if you guys ever use those www.freestockcharts.com charts that I turned you on to or not but if you do here is a workbook for them:

http://www.freestockcharts.com/docs/workbook.pdf

It's a PDF so you can save it.

There is hardly any material out there for these charts so I thought I would post it. I am still on their mail list from WAY back cause I like free chit...lol

Cool...I have had the same driver for about twelve years. It was one of the first big head drivers out (Cleveland Launcher) It doesn't go real far but I hit it straight...sometimes.

75...ready for warm weather so I can get the rust off the sticks.

Lots of stuff around...some even free if you look hard enough. I build them with this program.

It's called The Hurst Trader

Go here:

http://www.sentientcode.com/signup.htm
Sign up to be a beta tester and you can get the software free for now. You download - install and then ask for a key and they send it to you.

You will need to load your own data in for now...ASCII, txt, Metastock, prn, etc...

It will be RT soon but for now EOD only.

Website:
http://www.sentientcode.com/?cat=7

Download page where you can download and use it without being a beta tester for free with limited use:
http://www.sentientcode.com/downloads/publish.htm

User forum:
http://www.fortuna.co.za/forum/index.php?sid=040b6aececff66f4d1be6c5436ba9c77


75

Gold might just bottom here or on Monday
It has reached a nest of lows
The +-35 and the +-17 hit right here.
The next low is not due until the 16th or 19th of April
February 5th was the big cycle low for it too


75

You can see here the predominant cycles. Feb 5th (lime green)was the big low. All the big cycle bottoms came at once.

Dark blue +-53 day is the least favorable but is due last day of this month.

The cyan (light blue) +-84 day is due either the last day of April or the first day of may. Anywhere around 1025 would be perfect.

We are also at the top or have punched thru most of the minor cycle FLD's so I would not expect much more than a stop killing newer high (just a little bit more)

October 12th is the big low and I could see 850 to 900 easy.

75






75

No, just saying that near the close the objective was to buy at 1143.5 with a stop at 1142 and cover at 1147 and 1151.5.