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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets.
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To: The1Stockman who wrote (1724)4/4/2014 2:46:27 PM
From: Robov1 Recommendation

Recommended By
CurveBall86

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The beauty of charts is they tell a story and they don't lie. Hence why I would never trust some analyst on some paid service or free service for that matter. I used to put a lot of Stock in one Turd and his analysis only to see him miss the boat again and again. The teaching from the Online Trading academy is bar none IMO one of if not the best as far as keeping it very simple. As we know here TA is not about certainty but probabilities. They teach that it is no more difficult than understanding key supply and demand levels where there is a high probability of institutional buy or sell order sitting. The key instructor who brought forth this teaching spent years at the CME in Chicago matching buy and sell orders for a specific FX where he matched professional institutional buyers/sellers against novice retail buyers/sellers and as a result noticed a certain pattern. All related to Buy/Demand vs Sell/Supply zones visible in any candlestick chart pattern. Very few if any instructors even use TA indicators/oscillators and if they do they are strictly used as confirmation of the trade setup or as buy or sell signals once in the trade.
Finally got my fill on my one short ES contract. Just wish I had caught the top of the move down and it looks like I could have held it a little longer still. Oh well, $706 on one ES contract short in a matter of a couple of hours is nothing to complain about. More than makes up for my CAD short this morning that got stopped out by one tick before reversing. Looks like we could finally get a decent correction in the big 3, but that I believe is why the miners are a little weak today.
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