I understand. So thats a long limit order and a take profit at 1206 not a stop loss. I see this was posted last night at 8.30pm and it hit 1197 low...

Was that a limit order or stop entry? I too found the short time frame charts helpful to understand what Paul means about the "energy" of the candle...

Heh heh. Maybe the flat heads are more in tune with their reptilian brain .

Alan your level headed, calculated and measured approach is something I aspire to. I'm very glad that you are part of this group.

Thank you for the copper analysis Paul. I went to bed $500 in the green and woke up $500 in the red! So now have exited my G and S short positions. ...

I went short on the 13th and got stopped out last night.

Whats your strategy for paladium Alan?

And finally I have a gold short limit order at $1240 , stop loss $1246. Stop entry long at $1246 , SL $1238.

Silver short limit order triggered last night at $14.75 , SL at $14.96 . Long stop entry at $14.97, stop loss $14.65. I set up the palladium bracket...

Interesting silver action there. My short position on the last half of the big red candle got stopped out by the next days big green one. I had a gol...

Ha. Your SL must have been slightly too tight. I didn't do much better. I took profits on Monday rather than waiting it out for the take profit which...

Looks like it turned out to be a nice entry there Alan. Must be your shout when you come over for the retreat

How's the trade going? Did you tighten up the stop loss? I didn't. Looks like its having another crack at the 1240.

Does that mean in and of itself its not strong but when the stronger indicators are present this one increases the likelihood of HP?

Hi Alan. Im going to leave my SE buy order in. Just in case there is another drop in the S&P and gold has another push up. What are your though...