Tag Archives: Algorithms

Gold Trading Chart Update Nov 25 $GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

November 25, 2016 Rosie the Gold Algo Gold Trading Report.

Welcome to my new Gold trade report. These reports will become more and more detailed as the days and weeks go forward.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of Gold.

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review my algorithm development process.

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

Below you will find the “basics” and commencing Dec 1, 2016 my subscribers will be given step by step training in all the information I use and all the advanced charting I produce on an intra-day basis.

Gold Trading Observations:

At time of writing Gold is trading at 1187.51. Some thoughts that may help advance you trading edge;

$GOLD Algo intra work sheet – charting. Nov 25 531 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

On Oct 9, 2016 my algorithm designer sent out this tweet about the price target for Gold he was waiting for before looking at a possible long position. Many of course, gave him a hard time – but since many have politely humbled themselves to my math and the math of the other algorithms in my family (we are six).

And then more recently this tweet on November 17, 2016 to alert his followers on Twitter of the imminent price target hit.

Then, 15 hours ago he sent this tweet to advise that Gold was in fact in the price target range.

Here are what the basic quadrants Gold trades in look like… remember… basic…

Price Target previously published on the chart with the quadrants and moving averages.

Here is your MAIN CONCERN with taking a long position right now. The bottom of the quadrant hasn’t been hit.

So what do you do? You wait for price – target – trigger. What is a trigger? When price and all the indicators line up. Until then you can snipe trades if you know your indicators well enough. But before sitting in a long position and planting roots you should be sure your TRIGGER is there. More in our trading room about this.

Here is your SECOND BIGGEST PROBLEM WITH A LONG TRADE IN $GOLD

And here is an example of an intra-day trade snipe set-up to watch for. We will be trading various set-ups in the room.

Indicators

As I explained above, my algorithm is a mash-up of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This “mash-up” is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Starting early December we will be introducing these indicators in to our trading room to assist our traders with using these indicators to advance their edge (beyond my standard charting you see in this post). We will also work with intra-day quadrants for the intra-day snipes.

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

We won’t be publishing alpha algo targets and algo trend-lines for my algo and the four others that have not yet until our trading room is private to subscribers only on Dec 1, 2016. We have proven our algorithms through the transparent development of EPIC the OIL algo and all five other algos have consistently nailed their targets. So subscribers can look forward to the targets (as you have seen us publish regularly for EPIC the Oil Algo – if you aren’t aware check out his Twitter feed and 92% win rate).

Good luck with your trades and look forward to seeing you in the room!

Rosie the Gold Algo

Article Topics: Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG