Tuesday, April 19, 2011

4/19 8:30

I have an order shorting 1% GC futures at 1489.40 based on the 10-minute M/A minus 4.2 points.
GC is available in the ZG and YG light forms.
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3 comments:

  1. CharlesApril 19, 2011 at 8:05 PM

    Steve,
    Are we sure that the market is back "in tune" with I1 or still working off that offset delay you pointed out a few days ago? If so, it could shift the peak a couple of days so you may have to hold before results.
    Charles

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  2. SteveKotelesApril 19, 2011 at 8:51 PM

    I'm not sure if the offset is still in there. SP 90-minute M/A is at 1318 and is a good short there with a completed wave count.

    ReplyDelete
  3. QuarkApril 20, 2011 at 12:27 PM

    There's also a NYMEX 10 ounce mini gold contract (Symbol MGC) that usually trades with about a $.20 spread. Not bad for a low volume contract.

    ReplyDelete

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