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https://rambus1.com/2017/09/23/late-friday-night-charts-61/
Thanks North.
Yes, I have been posting on the commmodity bull market I see in the making for about a year now and it seems like the so called “professionals”, “gurus” and “experts” are doing a 180 and slowly starting to come around to the commodity bull case.
My latest post on $WTIC:
https://goldtadise.com/?p=415382
My updated collected list, Big Picture Series roadmap posts:
https://goldtadise.com/?p=407909
Yes, your long-term vision of what the commodity sector was doing was very helpful in opening my mind to the Base Metals and the Energy stocks early on in the game. 🙂
2 completely different approaches….different strokes for different folks.
Buy Oil 1 year ago based on LT charts or buy Oil in Sept 2017 based on a daily breakout ?
https://stockcharts.com/h-sc/ui?s=%24WTIC&p=D&yr=0&mn=10&dy=0&id=p07597520089&a=553427457
Buy Oil in April or buy Oil in Sept ?
https://goldtadise.com/?p=400882
LT Charts are important of course to discern the trend but
Using Long Term Charts to trade Commodities can be lethal unless you don’t mind just holding on for years.
This is NOT an attack…this is a perspective…what I am pointing out is
Timing ( using daily charts) matters IMHO
Graddhy made me aware of what was going on in the Commodity sector early on. Using his vision, I started swing trading Base Metals, PMs, and Energy stocks from August on. So there is a point where the long-term vision and the short-term action meet and lead to gains. And there is a place for everyone, even gurus and pros. 🙂
Has anybody talked about that timing doesn´t matter? No.
Does a big picture perspective exclude that one uses shorter term time frame charts in order to time the entry? No.
Have I said that one should buy every time I post a new long term chart or post? No.
Have I said that one should use my big picture charts to time one´s entry? No.
Your link contains a daily now support line that I posted here first. It is the now support line of my long standing purple expanding falling daily/weekly wedge.
And the link you have included is to one of my many posts on $WTIC. In this particular post the first chart was a short term daily chart that did not work out, but morphed into the mentioned expanding falling wedge. This was one of the very, very few charts that has not worked out.
“This was one of the very, very few charts that has not worked out.”
…You have many charts that are working out very well so far and some others that are not…
Uranium is Not working out. This is a market many here are dying to get into…some literally
Reviewing the Uranium posts in your well organized and well kept links from that sidebar post. These Bottoms did not materialize.
https://goldtadise.com/?p=401780
https://goldtadise.com/?p=411352
We are right back to the level we were in Nov 2016 …anyone who bought and held since then is down
U is a tougher trade than even Junior PMs
Maybe a Double Bottom here ….good reversal candle on the daily U.TO chart Friday
https://stockcharts.com/h-sc/ui?s=U.TO&p=D&yr=2&mn=0&dy=0&id=p35361230706
Uranium is working out. I have called the bottom and I stand by that. And I will prove my call back in Nov 16 even more in my next Big Picture Series post on Uranium.
You have frequent posters in here who has yet to put at least one line correct on the charts, and still you keep trying to rip my work apart, why I do not know. But keep it up if you want to get rid of me.
I never start these kind of “discussions”, it is always you Fully.
Of course I don’t want to “get rid of you” You are a favorite son here.
When you say All of the 100 or so charts are working out do you just want tacit acceptance of this or do you want honest feedback ?
Nobody can be expected to have 100% accuracy in this game. 60% is great in my experience.
I don’t see uranium having worked out as your series implied … it is back where it started . Like I say it could be a double bottom …You have to admit it has been very discouraging trying to be long the U sector this year.
Anyhow , I see you don’t really accept that my feedback to you is constructive …so I will try very hard not to comment on any posts going forward unless it is to say ” great chart / great call”
Carry on….you have built a strong case and collection of well organized posts
But by all means keep them coming . Many here appreciate your work very much.
Unfortunately we do not see eye to eye. Especially on this comment
“You have frequent posters in here who has yet to put at least one line correct on the charts”
That is just Not true at the least and mean spirited at the worst.
All posters here have their own techniques and all have merit. Some of the best charts come from the novices who come here to learn from the experienced
Onward.
My sentence about the 100+ charts refer to the roadmap charts, I do not consider every chart to be a roadmap chart.
Here we go again – “Do I want honest feedback or not…”. I have commented that at least 10 times by now so I´ll pass on that one from now on. And, it is entirely up to you when you comment and how you comment.
About uranium, well we do not trade the metal U.TO do we. As said, I will prove my case even more in my next Big Picture Uranium post.
I totally agree, the sentence you quote with “” was not called for, my point was that you have been trying to shot my work down for a year or so now using comments here and at Rambus forum plus emails, while not commenting in that way on other posts. I do very much apologize to everyone here for that comment though. But, I have been taking swings from the moderator for a very long time, and that seems odd to me since my idea of a moderator´s job is to hold it all together, not single out one specific member and trying to take him down. Once again everybody, I am very sorry for this one sentence I managed to write after having posted maybe 800-1000 posts here during circa 3 years. That is not me so my bad indeed.
Here is a post that show what I mean:
https://goldtadise.com/?p=406132
Again, truly sorry for that sentence guys, it came out wrong, did not mean that. I post to get feedback/dialogue and I love to see what other stuff you all are looking at, just as every member here.