Cycles

We now have some follow through to Thursday’s swing low and unlike the last two times, this one is not taking the shape of a bear flag. As I explained last week in the nightly reports, and this week on the blog in “Hoping for a Break” , I was looking for smart money to run … Continue reading

I want to discuss something that came up on the blog Friday. An anonymous poster hinted that we were going to see more gold weakness in the days ahead because big money was having to sell  positions. Folks, big smart money traders don’t sell into weakness. These kind of investors don’t think like the typical retail investor … Continue reading

Trading can be a lot of fun and profitable or a nightmare and very costly. It really just comes down to understanding the key areas, which will make or break your trading. I have received a few emails asking me to explain more about how I stay disciplined, making sure my emotions don’t get the … Continue reading

It’s been a relatively slow day in the market as Fridays usually are. I am most likely sounding like a broken record about gold and the indexes but I will show you again just to make sure that everyone’s on the same page for the upcoming correction….