Comments on: GLD Gold ETF Trade Idea

By: mSquare

mSquare — Tue, 17 Mar 2020 15:06:23 +0000

GLD above T2 of $145.38. Took half of short PUTs off as expiring too soon on 3/20. Nice call @rsotc, thank you - the levels you provided very helpful to my exit planning

By: Dean Drummond

Dean Drummond — Mon, 16 Mar 2020 16:44:15 +0000

In reply to mSquare. The first chart is GLD.

By: mSquare

mSquare — Mon, 16 Mar 2020 16:38:41 +0000

@rsotc I know too many things to do in these fast moving markets. But could I request for a chart for GLD as well. Not sure, but likely a majority of your subs may be trading ETFs and not the futures (though can look at other chart while trading the ETF)

By: kylehusky

kylehusky — Mon, 16 Mar 2020 15:41:51 +0000

When the post is published it’s already hit T1....

By: Dazi

Dazi — Mon, 16 Mar 2020 15:40:41 +0000

NOTE what Randy sez at the bottom of his post regarding server upgrade.

By: Dean Drummond

Dean Drummond — Mon, 16 Mar 2020 15:40:17 +0000

@rsotc, Hi Randy, what's your outlook for $dollar? It seems to be still strong and have a lot demand from other countries.

By: Ian M

Ian M — Mon, 16 Mar 2020 15:38:17 +0000

Thanks Randy, just to make sure I follow your trade idea:
9:30 ET GLD is at 136.12
11:29 ET GLD is trading at 142.5, which it appears is when you sent this trade idea.
Are we waiting for a pull-back, or are you suggesting jumping into the trade at T1?
Thanks,
Ian

By: riceMBA2017

riceMBA2017 — Mon, 16 Mar 2020 15:32:58 +0000

Same/similar situation with silver? It has really taken it on the nose

By: Shark friend

Shark friend — Mon, 16 Mar 2020 15:32:47 +0000

Sorry Randy, but you are posting it when T1 is already hit!? A bit late to call it a trade...