NexusFi: Find Your Edge


Home Menu

 





The Newmont Diary


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Tiberius with 129 posts (262 thanks)
    2. looks_two aligator with 3 posts (4 thanks)
    3. looks_3 Big Mike with 1 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
      Best Posters
    1. looks_one Tiberius with 2 thanks per post
    2. looks_two cory with 2 thanks per post
    3. looks_3 aligator with 1.3 thanks per post
    4. looks_4 RedK with 1 thanks per post
    1. trending_up 17,820 views
    2. thumb_up 269 thanks given
    3. group 4 followers
    1. forum 135 posts
    2. attach_file 212 attachments




 
Search this Thread

The Newmont Diary

  #131 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406

Fibs are okay, I have too much on my plate to consider them. But! Here is GLD. Decide for yourself.



On the 38.2% and the 50% is currently the 200 MA.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Exit Strategy
NinjaTrader
Deepmoney LLM
Elite Quantitative GenAI/LLM
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #132 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406

Nasty looking chart. Only the weekly bars are positive. Lets see if "they" break NEM or capitulate.



Still have 400 shares w/ Friday's 55 calls ...... two accounts.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #133 (permalink)
 
aligator's Avatar
 aligator 
Las Vegas, NV
Market Wizard
 
Experience: Advanced
Platform: Abacus, Slide Rule, HP-65
Trading: Futures, Stocks, Options
Posts: 3,615 since Aug 2010
Thanks Given: 1,071
Thanks Received: 5,988



Tiberius View Post
Nasty looking chart. Only the weekly bars are positive. Lets see if "they" break NEM or capitulate.

Hope you don't mind, but the gold outlook for the next 6 months points to the upside. Perhaps time for an option play.

Cheers!

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #134 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406


aligator View Post
Hope you don't mind, but the gold outlook for the next 6 months points to the upside. Perhaps time for an option play.

Cheers!

@aligator :thanks for posting on this thread. please post anytime. as you ran the fibs into a longer time frame; NEM has high potential, such is my choice for this investment.

Friday: I just rolled over my 55 calls into the next Friday. 2 55s for this diary and 2 55s for the other account.



NYSE has been closed for two days. Oh well, I am catching up on household tasks. I live in FL on the gulf, been through many hurricanes and tropical storms.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #135 (permalink)
 
aligator's Avatar
 aligator 
Las Vegas, NV
Market Wizard
 
Experience: Advanced
Platform: Abacus, Slide Rule, HP-65
Trading: Futures, Stocks, Options
Posts: 3,615 since Aug 2010
Thanks Given: 1,071
Thanks Received: 5,988


Tiberius View Post
@aligator :thanks for posting on this thread. please post anytime. as you ran the fibs into a longer time frame; NEM has high potential, such is my choice for this investment.

Thanks @Tiberius,

Here are a couple of daily and weekly VV charts. Note the S/R on the weekly chart. Long term (previous post) I think we are at the beginning of a wave 3 so it is a good place to be in for some leaps into the next 1-2 years. Looking at the S/R lines on the weekly chart, there is solid support at 52.53, so expect sideways until end of this month. A break of the 52.53 support will face the major 50 area floor. That is why I favor long term options.

Also, note the sell signal generated on both daily and weekly charts. So for the short term I personally would not hold options less than 60 days during the holiday season. But, watch for seasonal rally the day after Thanksgiving, good place to cash-in.

Cheers!


Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #136 (permalink)
 
aligator's Avatar
 aligator 
Las Vegas, NV
Market Wizard
 
Experience: Advanced
Platform: Abacus, Slide Rule, HP-65
Trading: Futures, Stocks, Options
Posts: 3,615 since Aug 2010
Thanks Given: 1,071
Thanks Received: 5,988

NEM Down $1.41 at 53.17 now. They declared $0.35 Div. Earnings today after Market close. Estimate $0.90. 52.53 is the next support.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on November 1, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts