Gold Gann Angles and Long or Short Trade Tool

By: readtheticker | Fri, Jul 1, 2016
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Fork in the road

readtheticker.com site tools are about chart strategy that you mix with your fundamentals, as traders know 'timing is everything'!

Cycles (Jim Hurst), Supply and Demand of float (Richard Wyckoff), Time and Price (Gann Angles) are great tools to fine tune market timing! Add to this our customary tools your odds increase.

Gann Angles own the gold chart (GLD), $130 the next challenge!

Gold Trust, Time versus Price

When to go long or short, using our RTT Steps is the best trade guide!

GLD Monthly Chart

If you want fundamentals to support Gold and Silver, start here:

Investing Quote...

"Tape reading was an important part of the game; so was beginning at the right time; so was sticking to your position. But my greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities." ~ Jesse Livermore

"The stock market is filled with individuals who know the price of everything, but the value of nothing." ~ Philip Fisher

"By failing to prepare, you are preparing to fail." ~ Benjamin Franklin

"Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks." ~ Bruce Kovner

"My experience has been that in successful businesses and fund management companies, which performed well over the long-term, some courageous decisions were taken. Courageous fund managers reduce their positions when markets become frothy and accumulate equities when economic and social conditions are dire. They avoid the most popular sectors, which are therefore over-valued, and invest in neglected sectors because being neglected by investors they are by definition inexpensive. The point is that it is very hard and that it takes a lot of courage for a fund manager to avoid the most popular sectors and stocks and to invest in unloved assets. Finally, every investor understands the principle 'buy low and sell high', but when prices are low nobody wants to buy." ~ Marc Faber

 


 

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Author: readtheticker

readtheticker
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We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors.

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