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7/21 Premarket

July 21, 2017-9:26 am traderscott 0

Gold is going to new highs today – in the premarket 2 weeks I discussed my purchase at $1214 and then buying miners also  – almost no one wanted to get near it then. The...

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7/20 Premarket

July 20, 2017-9:23 am traderscott 2

I talked about the bounce potential in the Yen pair in this video from a couple of days ago, as this would affect gold in this few days when a reaction should be expected. Overall the...

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Approach

More Bounces vs Rallies – Gold/Yen Plus Today’s Trade Recap Momentum Stock

July 19, 2017-2:18 pm traderscott 0

There’s another video here about bounces vs rallies plus the trade today in CAPR “dissected”. Why do we get bounces, and why do we get rallies? And how important it is to understand when a...

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7/19 Premarket

July 19, 2017-9:22 am traderscott 0

There are recent videos about gold and the Yen with the outlook. And there’s another video to post soon. In yesterday’s video about trading stocks – my belief is people do not remotely view risk with...

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7/18 Premarket

July 18, 2017-9:18 am traderscott 0

The USDJPY should still have room to move lower, but this could then be an area for another bounce. Silver and the miners are still lagging gold. And often times there can be a quick...

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Yen Bounce – Gold Backup

July 17, 2017-11:30 pm traderscott 10

The Yen (USDJPY) and gold continue to be closely tied together. So some of their technical action is basically the reverse of each other, therefore bounces in the USDJPY are backups in gold – this...

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7/17 Premarket

July 17, 2017-9:22 am traderscott 4

Here’s a recap video of recent discussions about PMs. gold  – rallying again this morning after the backup, it’s not gotten too emotional yet. My belief still – more than a bounce, less than a...

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Accumulation / Distribution

Recap of Recent Discussions About Gold, the Yen, Stock Market

July 17, 2017-2:05 am traderscott 4

We’ll take a look at some recent technical discussions about gold, the Yen, and the stock market. And then do another recap about all the tools which were turning back at the big December 2015...

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7/14 Premarket

July 14, 2017-9:24 am traderscott 7

The stock market is continuing to do nothing, as the SPY, which is the biggest ETF, is going nowhere. Millions of people trade this thing every day. I don’t know why, but they do. How in...

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Gold Resistance and the Long Term Structure

July 14, 2017-1:15 am traderscott 4

The following is about how we would be able to use resistance areas in gold to give us a higher probability of putting in higher lows. And yes there will be selling again, but we’re...

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