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Michael Yorba FX Real Money Portfolio update and comments.

The portfolio is earning 5.7% interest on the balance and 15% interest on the working capitol. The Portfolio is up 53% since 7/6/09. Leverage is 7.2 to 1. XAU/USD (Gold) Cost 25.98% interest per year. If we pull back next week and bounce, I will move my stop up to the next higher level of support. Target for support is 1070. Fib 38.2% level is 1072.

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Added by Michael Yorba on November 7, 2009 at 5:00am — No Comments

Michael Yorba Gold and Silver Observations

Gold New Position long at 1042 on 10/28/09. Next target is 1205 by 11/15/09. I will move all stops up after the next pull back. It should be higher than 1070 (10/13/09 high).

Silver New position long at 16.38 Sunday night. If Silver breaks out over 18.10 (10/13/09 high) it should make it to 20.22 by 11/15/… Continue

Added by Michael Yorba on November 4, 2009 at 4:00am — No Comments

Michael Yorba FX Gold Observations

Gold This is the first gap up on the Gold market since early March 09. If we get some follow through to the up side.. we could go parabolic if the 11/15/09 cycle day proves to be an acceleration point instead of a pivot point. I will be watching with great interest. All in all this looks very bad for the USD and very good for the Crude Oil market as well. I consider Crude an international currency between countries in the G20

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Added by Michael Yorba on November 2, 2009 at 8:00pm — No Comments

Michael Yorba Silver Observations

Silver I decided to buy the dip on Silver Sunday night. I have a cycle day occurring Monday and it looks like it is coming in early. I moved my stop up from 15.70 to 16.04 locking in more profits on the original 13.28 long trade.

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Added by Michael Yorba on November 1, 2009 at 5:49pm — No Comments

Bryan Leighton Market Technical Analysis & Setups - Market Reverses On Heavy Volume As CIT Bankruptcy Looms!

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the chart… Continue

Added by Bryan Leighton on October 30, 2009 at 11:05am — No Comments

Michael Yorba Gold Observations

Gold New long position at 1042. I moved my trailing stop up from 983 to 1022. Locking in more profit on my original position of 941 back on July 27th.

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Added by Michael Yorba on October 29, 2009 at 6:30pm — No Comments

Michael Yorba Gold and Silver Observations

Silver I have a cycle day occurring today. We are now at the 6/1/09 high retest of 16.21 and the recent 78.6% Fib. retracement level. If Silver turns up from here I will be looking for a target of 20.21 by the end of the year. I want to see a couple of closes over the 9/29/09 high of 16.64 to have any level of confidence in the trade.

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Added by Michael Yorba on October 29, 2009 at 4:14am — No Comments

Michael Yorba Gold and Silver Observations

Silver Sold the last possition at a loss. Put a Limit order to get long just above the 61.8% Fib retracement level 16.79. Origonal possitions long at 13.28,13.76 & 14.37 are still in with a stop at 15.69.

Gold Sold the last possition at a loss. Put a Limit order to get long just above the 38.2% Fib r… Continue

Added by Michael Yorba on October 28, 2009 at 3:38am — No Comments

Bryan Leighton SPY FALLING AFTER KEY REVERSAL TIME, WATCH THESE LEVELS

SPY sold off right at 10:00 am after the consumer confidence was announced. There will be gap window support at 106.25 and then gap fill at 105.90. Both levels are going to be good short tern intraday support.

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Added by Bryan Leighton on October 27, 2009 at 7:16am — No Comments

Bryan Leighton Weekend Technical Analysis & Setups - Master Levels + Key Divergences Keeping Market In Check

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the chart… Continue

Added by Bryan Leighton on October 24, 2009 at 6:04pm — No Comments

Serg Avoid market traps with Elliott Wave Forkology

Avoiding market traps with Elliott Wave Forkology's "Pitchforking your way to profits" Daily Market Update is easy! Continue

Added by Serg on October 22, 2009 at 6:30pm — No Comments

Bryan Leighton Market Technical Analysis & Setups - After Master Level Is Nailed For Selloff, Markets Pause...

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the charts… Continue

Added by Bryan Leighton on October 22, 2009 at 11:10am — No Comments

Michael Yorba Crude Observations

The Monthly Chart gives me a target of $328bbl next yr. After looking at the Weekly charts triple bottom Dec 08 through Feb 09 and the break out over the double top June 09 through Aug 09. I think we should trend higher into the end of the year before a significant correction. Crude Oil Dy.

Crude Oil… Continue

Added by Michael Yorba on October 17, 2009 at 6:08am — No Comments

Michael Yorba FX Real Money Portfolio update and comments.

New Position Gold Looks like I entered the position 3 days early. I decided to hold the position based on my longer term out look of the market cycle and low leverage. The market ended the week with a near exact 61.8% Fib. retracement. If we hold this support next week I will be looking for strong rally into the next target zone of 1115-1123.

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Added by Michael Yorba on October 17, 2009 at 4:33am — No Comments

Bryan Leighton Market Technical Analysis & Setups - Market Drops Hard After InTheMoneyStocks Master Level Hit!

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the charts… Continue

Added by Bryan Leighton on October 16, 2009 at 11:24am — No Comments

Bryan Leighton Market Technical Analysis & Setups - Market Flat After Goldman Earnings Just Don't Cut It.

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the charts… Continue

Added by Bryan Leighton on October 15, 2009 at 11:04am — No Comments

Michael Yorba Crude Observations

If we get a close over 75bbl. I think a strong drop in the USD could send the price back to 147bbl Monthly Crude Oil

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Added by Michael Yorba on October 13, 2009 at 7:09pm — No Comments

Michael Yorba Gold and Silver Observations

I think we should drift higher into Friday Bought the best dips I could find in Gold and Silver today. These are 60 min. charts. Gold

Silver

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Added by Michael Yorba on October 13, 2009 at 6:15pm — No Comments

Bryan Leighton What Are The New Highs For Gold Telling Us?

Gold since the beginning of recorded time has been viewed as the one true currency. Ancient civilizations such as the Egyptians, Persians, Babylonians, Greeks, and Romans all had gold as the one true currency in their monetary systems. While fiat money systems have come and gone gold has stood the test of time. Even Christopher Columbus was seeking to trade for gold when he founded the new world. Why was gold so heavily sought after? What is so special about this metal that men are willing to di… Continue

Added by Bryan Leighton on October 12, 2009 at 2:15pm — No Comments

Michael Yorba FX Real Money Portfolio update and comments.

I am looking for a minor pull back in the metals going into Tuesday. If we get a good setup, I may buy more Gold and Silver. The big Picture on Gold looks like we are just starting E Wave "3" this is a Monthly chart starting Aug 2001. The big picture on the USD is still bearish to me. I have included a Monthly chart on the USD starting Aug 2001. That last rally that ended March of 09 was just over a 78.6% Fib retracement on the 11/05 to 3/08 decline.Unless we have major "Successful" intervention… Continue

Added by Michael Yorba on October 10, 2009 at 6:00am — No Comments

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