Gold – Trend Qualification Procedure & Risk Control

Today’s Technical Opinion
3 Month Chart, Daily
Futures Quotes
Option Quotes
Historical Data

1) Trend Qualification procedure

Pick a time frame to work with from 15 minutes to monthly.

1.01) Today’s technical opinion
1.02)
2 day chart, 15 minute data

1.03) 3 day chart, 30 minute
1.04) 5 day chart, 60 minute data
1.05) 10 day chart 120 minute
1.06) 1 month 120 minute

1.07) 3 month chart, daily
1.08) 9 month chart, daily
1.09) 1 year chart, weekly
1.10) 3 year chart, weekly
1.11) 7 year Chart, monthly
1.12) 15 year chart using monthly data
1.13) 1983- Current Chart
1.14) Ranges & price performance

1.15) Support & resistance
1.16) Barchart quotes, all deliveries
1.17) Barchart options quotes
1.18) CME futures quotes, all deliveries
1.19) CME option quotes

1.20) Contract specifications(full size) each 1.00 = $100.00
1.21) Contract specifications (micro contact) each $1.00 = $10.00

1.22)
Exchange margin requirement
1.23) Gold Collar analysis page
1
.24) Gold collar spreadsheet

2) Trading Rules, same apply for trading any time period from 15 minutes to monthly.

Long Trades

2.01) If price action is above the Exponential Moving Average 9, (EMA9, red line), and the EMA9 red is above the Exponential Moving Average 18, (EMA18, blue line) you’re in an uptrend.

Current chart using daily data

2.02) If the Overall Opinion linked in 1.01 is at least 20% buy, long trades are permitted, if the Overall Opinion is less than 20% buy stand aside.

Current Overall Opinion

2.03) Risk on long positions if the EMA9 red line moves below EMA18 blue line liquidate your long position.

Current chart using daily data

Short Trades

2.04) If price action is below the Exponential Moving Average 9, EMA9 red, and the EMA9 red is below the Exponential Moving Average 18, EMA18 blue line you’re in a downtrend.

Current chart using daily data

2.05) If the Overall Opinion linked in 1.01 is at least 20% sell, short trades are permitted, if the Overall Opinion is less than 20% sell stand aside.

Current indicators

2.06) Risk on short positions if the EMA9 red moves above EMA 18 blue liquidate your short position.

Current chart using daily data

3) How to objectively define risk on every trade and for the duration of every trading period. Contact me and I can walk you through this.

3.01) Use Support & Resistance linked on 1.19 to set your profit objective.

3.02) Collar trades to define risk for the duration of the trading period)

Gold Collar Spreadsheet with an embedded instructional video.

4) How to track trades as they occur

4.01) Sign up with Barchart for free using this link and create a portfolio

4.02) Under my account click on portfolio

4.03) Then New Portfolio

4.04) Give the portfolio a name

4.05) Create

4.06) Add a transaction

4.07) Enter the symbol

4.08) Enter the trade

4.09) Click on apply and your good o track a trade without a collar.

4.10) If your’using collars to define risk, see links

4.11) Options quotes

4.12) Choose your expiration

4.13) Choose your collar strikes

4.14) Add the 1930 call to your portfolio by clicking “add to portfolio”

4.15) Then click on the name of the portfolio

4.16) Enter the trade in this example Action = Sell, Quanity = 1, Entry Price = 9.60, then click apply.

4.17) Add the 1900 put to your portfolio by clicking “add to portfolio”

4.18) Then click on the name of the portfolio

4.19) Enter the trade in this example Action = Buy, Quanity = 1, Entry Price = 9.10, then click apply.

4.20) To view your portfolio click on “My Account” then “Portfolio”

4.21) And you’ll be able to track your collard position (long gold futures at 1915, short the 1930 call and long the 1900 put)

5) Educational Videos & Links

Futures Options Currencies Indices Interest Rates Metals Energy

General Information on Future Contracts and Futures Options

5.01) Futures Educational Videos (60)
5.02) Futures Options Educational Videos (34)

6) Metals Educational Videos

6.01) How and Where Precious Metals Are Traded
6.02) Trading the Metals Markets
6.03) Fundamentals and Metal Futures
6.04) Understanding Supply and Demand: Precious Metals
6.05) Gold Futures Overview

6.06) Silver Futures Overview
6.07) Platinum Futures Overview
6.08) Understanding the Precious Metals Spot Spread

6.09) Understanding Futures Spreads
6.10) Understanding Intermarket Spreads: Platinum and Gold
6.11) Metals Intramarket spreads
6.12) Gold & Silver Ratio Spread
6.13) Understanding Intermarket Spreads: Platinum and Gold
6.14) Precious Metals Risk Management/Hedging and Ratios
6.15) What is the Precious Metals Delivery Process?
6.16) Introduction to Base Metals
6.17) Base Metals Supply and Demand
6.18) Supply and Demand: Ferrous Metals
6.19) What is Contango and Backwardation

7) Online Review Links

7.01) Fundamentals 1987, 2000, 2007 versus 2019
7.02) Total purchased by the Fed with created money
7.03) Emergency purchases of bank debt by the Federal Reserve
7.04) Median household income
7.05) Median home price
7.06) Mortgage debt
7.07) Median Rent

7.08) Groceries indexed
7.09) Health care
7.10) Gasoline indexed
7.11) Consumer price
7.12) Gross Domestic product
7.13) Tax receipts. median home, M1, gold, CPI
7.14) Federal debt to debt service cost

7.15) National debt
7
.16) US debt service cost

7.17) CPI relative to short term deposit rates (negative rates of return)
7.18) CPI relative to long term deposit rates
7.19) US bank borrowing cost to lending rate
7.20) CPI using pre 1980 & 1990 calculations.
7.21) BLS.GOV “official” CPI

7.22) US debt to GDP ratio at 103.74%
7.23) US debt has grown 5 times faster than personal income
7.24) US debt +859.05% employed population +6.80%
7.26) US credit rating versus other countries
7.27) 20 Year Chart US dollar Index

8) Primary Metals Exchanges

8.01) Chicago Mercantile Exchange/Comex
8.02) Additional Gold trading Information From the CME
8.03) London Metal Exchange

9) Structure and Account Opening Procedure

9.01) Programs That Use This Trading Methodology
9.02)
ATA’s, What They Are and How They Work

9.02) The Fee Structure For This Program
9.03) Defining Overall Risk For Your Account

9.04) Exchanges Traded
9.05) Brokerage Firms
9.06) How Balances Are Guaranteed Plus or Minus Trading
9.07) How To Open An Account

If you have any questions contact me.

Regards,
Peter Knight Advisor

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Asset Investment Management

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