SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (800)6/20/2003 10:08:10 PM
From: the-phoenix  Respond to of 941
 
Well, no close under 80 today, but if this pattern plays out, I think we may see that 75 XAU you are targeting:

tradingtutor.com



To: Jack of All Trades who wrote (800)6/23/2003 11:38:05 AM
From: the-phoenix  Read Replies (1) | Respond to of 941
 
I sold my XAU puts just now when we got back below 79. May keep going lower but for me this was a bad trade that I just wanted out of. (Made lunch money on them and feeling damn lucky at that.)

XAU is back retesting the weekly trendline breakout from last week and the shorter-term horizontal resistance turned support at 78-79 which it broke out over last Monday. So I had not planned to press my luck if it got back here today.

Hope you get 75.