Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I made the mistake one too many times getting sucked in to their hype and dramatisation. Lost a few £££ because they affected my emotions and I then made stupid trading decisions. Andrea Catherwood especially. She is a really good news presenter, her voice and timing is perfect for inciting fear and drama. Cute too. I dont watch or listen to them anymore.
`It would be considered bearish is the candles close below whatever lines you have 2 or 3 times' - Sorry... I must correct myself... It wouldn't strictly be considered bearish.. just considered that the pattern has completed and you should wait for further action to decide what to do next
It is still in an upward trend according to the one year chart (no sign of the bear yet)... It hit 50 and bounced up which was the confirming support, draw a trendline up... Also, as Tony mentions... its worth looking at the actual GOLD charts/price and FX rates for further clues as to what she is upto...lots to consider It would be considered bearish is the candles close below whatever lines you have 2 or 3 times.. or whatever you believe to be confirmation that the trend has been broken...But for a candle to kiss/touch a trendline, support/resistance/MA is not a high probability of a break. You need to set yourself a tolerance. Mine is 3% of the closing price or 3 candles beyond.
Gonna grab some of these in the morning after the price settles. :o) The recent news isnt enough at all to move the price... the mover with this is time.
For those buying into this should be remotely concerned about the gap that appeared on 17th Sept. Gaps normally have a habit of being filled. Worth thinking about. Once the gap is filled then jump in!
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15-Sep-09 Buy Eric Dodd holds the position of CFO at Antisoma Eric Dodd 30 GBX 60,000 0
Given previous troughs and peaks...provided this isnt a head and shoulders etc etc....possible peak to follow? Swing baby.. swing.... That is all...
I have been watching the SPYDR, and showing tension and a little turmoil... which is giving Gold a nice HIKE Its Nice... and I totally expect your valuation. Ive been waiting since 32 :O)
:o) Nice jump today
I am waiting for her to hit the 24 or 25 support. Then I will be using an Andrews Pitchfork for the possible resistance (that is of course this is not a typical Head and Shoulders). Looking for support then confirmation that she wont carry on the downward trend. The pitchfork worked perfectly for the past two peaks and troughs with regards to resistance.
If you use Andrews Pitchfork you will see that the MAY Peak hits the resistance before heading back down to the June Low. A renewed pitchfork also precisely predicted the 24th July Peak. Hopefully if the trading range keeps up and she sits back to the 24 support, we can use another pitchfork to get another nice swing profit on this... before she flies with the phase III results
When I day trade, I keep saying... I KNEW I SHOULDA GONE SHORT...and hit my laptop.
...they are one of the largest markets in the world. And politically, they own the UK.... we dont like to admit it.. but its true. They say "jump", we say "how high?".
That could be the reason. Need to average down now $%^$%^$£^$£&
COME ON YOU BLUES!!! Use your secret weapon!
20Euros 40 cents :oP