Sunken Treasure: Do We Buy Gold After the Flash Crash?

August 13, 2021 Get in Front of Wall Street's Biggest Explosions There's finally a way to tell exactly when a stock might explode... That means we no longer need to spend hours upon hours staring at charts and researching stocks. All we have to do is wait for a stock to cross this simple line… place a quick trade… then come back, and cash out! WealthPress Senior Strategist Roger Scott calls this "the Sniper Line…" And knowing which stock is about to cross it could put everyday traders in front of Wall Street's biggest explosions. Click Here Now Sunken Treasure: Do We Buy Gold After the Flash Crash? If you remember, about a week ago I mentioned that my work week typically starts on Sunday night when I observe how markets open in Asia. This Sunday, let's just say that markets opened… in interesting fashion. Gold started the week by selling off quickly, triggering a series of stop-loss orders that pushed prices for the yellow metal all the way down to $1,677.90 per ounce. Mainstream media is panicking, so how do we trade the gold flash crash? To Buy or Not to Buy? The Top Stocks and Crypto Setups to Play Surging Markets One of my biggest investing philosophies is a fairly easy acronym to remember (and it fits my high-energy personality!): AMPD.   And AMPD simply stands for: Advanced entry — buy pre-breakouts. Market conditions — price and volume. Psychological analysis — don't get in your own way (I have a book coming out on this, hopefully in 2022). Defense first — stop losses and respect risk at all times. And the way things are setting up, there are a few great ways to employ this philosophy right now... Here's How It Works "Great videos especially the daily market analysis." John R. There are two main types of Chart Patterns: reversal patterns and continuation patterns. Reversal patterns signal an end to the trend that was in place prior to the chart pattern forming. For example, if the price had been trending higher and then a reversal pattern forms and completes, the uptrend is likely over. Continuation patterns signal the continuation of a trend. If the price is moving lower, then a continuation pattern forms and the price breaks out (completes) in the trending direction, then that downtrend is likely to continue.   Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.   Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 

                                                           

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