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The single most important chart in your setup, and why
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
Thanks Given: 1,719
Thanks Received: 1,020
Gartman's quote is:
“You want to be long the gold market, short the stock market, and long the bond market,” he said. “That’s the trade to have. I have that in my own account and continue to recommend it.”
How do you figure that is calling the bottom.
CNBC just posted this morning the overnight swing is 1000 points.
Trading: Index and Stock options, Stocks (seldom), Nadex (just starting), Forex
Posts: 33 since Oct 2012
Thanks Given: 47
Thanks Received: 26
Come on guys, this is about your favorite CHART not your favorite stock advisor/anti advisor. Self edit please.Unless Dennis Gartman is a chart he should not be on this thread.
I am going out of the limb here. I think this market is going to shape up to be a bell curve. Today’s market and next few weeks will shape the peak but eventually it will hit the downward slope of the bell curve.
Basically maybe we are looking at 2 days worth of rally. The day Fed cuts interest rate and the following day and then decline continues.
I agree. simple, context. That's a long way from where you were just before and after I joined this forum. ...and where I was too. I like to think of trading as surfing, or snowboarding. I'f you are a trader who does either you'll get that. Experience and context count, and from there it's how you react and adapt to an evolving situation.
