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Approach

PMs – Approach

May 6, 2017-4:15 pm traderscott 4

For some perspective on silver and PMs, and how to work within an outlook for time frame/price: I’m doing a bigger picture/less specific post about some of this stuff with silver. I do not like...

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5/5 Stocks

May 5, 2017-9:27 am traderscott 9

Stocks – FIT still has potential after a reaction. FNBC potential for reaction buy. CCCR potential reaction buy. And I’m watching miners, both sides of the market....

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5/5 Premarket

May 5, 2017-8:24 am traderscott 9

  Consider this as we go into today’s employment number, and the French elections, and the potential reaction to it. What is your time frame – scalping, short term trading, position trading, or investing? Bigger...

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5/4 Comments

May 4, 2017-3:57 pm traderscott 9

PMs are getting hit again today, and they are dumping a lot of weak hands in the process. The ridiculous excuses for why silver was “strong” when it was sitting at 18.60. Well now it’s...

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Approach

Correlations/ Market Leaders

May 4, 2017-10:27 am traderscott 0

This is a pretty tricky topic to discuss – correlations between markets and what is a leader, how to recognize it. A lot of this is just tape reading, and observing, and making sure your...

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5/4 Premarket

May 4, 2017-9:05 am traderscott 7

PMs are selling off into the jobs number tomorrow and the sentiment is growing darker – WSJ: Investors have lost their appetite for precious metals. Gold and silver prices have been under such pressure that...

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5/3 Premarket

May 3, 2017-9:04 am traderscott 10

Fed day is today, and the big markets tend to be quiet ahead of it, but silver, IWM, and crude oil are not listening. Once again, what happens to people after a steady rally in...

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Cause vs. Effect / Point & Figure

Parameters/Point and Figure Charts Video

May 2, 2017-3:36 pm traderscott 2

Point and figure charts are not that difficult to learn, but they are very tricky to actually use in real time. There will be some more videos about the actual construction of them, etc. But...

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123 Buy After Break Of Support #1

May 2, 2017-12:36 pm traderscott 3

Another named, numbered trade setup which is the break of support – first – and then there is something specifically to watch for which is – 3 pushes down with volume abating on each push....

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5/2 Premarket

May 2, 2017-8:57 am traderscott 2

The Fed’s 2 day meeting concludes with the announcement tomorrow at 2 PM EST. The tendency is for more trading range type of action in the big markets. Yesterday’s intraday comments covered gold. GDX –...

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