Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
Coronavirus China Infection Statistics Analysis, Probability Forecasts 1/2 Million Infected - 21st Feb 20
Is Crude Oil Firmly on the Upswing Now? - 20th Feb 20
What Can Stop the Stocks Bull – Or At Least, Make It Pause? - 20th Feb 20
Trump and Economic News That Drive Gold, Not Just Coronavirus - 20th Feb 20
Coronavirus COVID19 UK Infection Prevention, Boosting Immune Systems, Birmingham, Sheffield - 20th Feb 20
Silver’s Valuable Insights Into the Upcoming PMs Rally - 20th Feb 20
Coronavirus Coming Storm Act Now to Protect Yourselves and Family to Survive COVID-19 Pandemic - 19th Feb 20
Future Silver Prices Will Shock People, and They’ll Kick Themselves for Not Buying Under $20… - 19th Feb 20
What Alexis Kennedy Learned from Launching Cultist Simulator - 19th Feb 20
Stock Market Potential Short-term top - 18th Feb 20
Coronavirus Fourth Turning - No One Gets Out Of Here Alive! - 18th Feb 20
The Stocks Hit Worst From the Coronavirus - 18th Feb 20
Tips on Pest Control: How to Prevent Pests and Rodents - 18th Feb 20
Buying a Custom Built Gaming PC From Overclockers.co.uk - 1. Delivery and Unboxing - 17th Feb 20
BAIDU (BIDU) Illustrates Why You Should NOT Invest in Chinese Stocks - 17th Feb 20
Financial Markets News Report: February 17, 2020 - February 21, 2020 - 17th Feb 20
NVIDIA (NVDA) GPU King For AI Mega-trend Tech Stocks Investing 2020 - 17th Feb 20
Stock Market Bubble - No One Gets Out Of Here Alive! - 17th Feb 20
British Pound GBP Trend Forecast 2020 - 16th Feb 20
SAMSUNG AI Mega-trend Tech Stocks Investing 2020 - 16th Feb 20
Ignore the Polls, the Markets Have Already Told You Who Wins in 2020 - 16th Feb 20
UK Coronavirus COVID-19 Pandemic WARNING! Sheffield, Manchester, Birmingham Outbreaks Probable - 16th Feb 20
iShares Nasdaq Biotechnology ETF IBB AI Mega-trend Tech Stocks Investing 2020 - 15th Feb 20
Gold Stocks Still Stalled - 15th Feb 20
Is The Technology Stocks Sector Setting Up For A Crash? - 15th Feb 20
UK Calm Before Corona Virus Storm - Infections Forecast into End March 2020 - 15th Feb 20
The Growing Weaponization of Space - 14th Feb 20
Will the 2020s Be Good or Bad for the Gold Market? - 14th Feb 20
Predictive Modeling Suggests Gold Price Will Break Above $1650 Within 15~30 Days - 14th Feb 20
UK Coronavirus COVID-19 Infections and Deaths Trend Forecast 2020 - 14th Feb 20
Coronavirus, Powell and Gold - 14th Feb 20
How the Corona Virus is Affecting Global Stock Markets - 14th Feb 20
British Pound GBP Trend and Elliott Wave Analysis - 13th Feb 20
Owning and Driving a Land Rover Discovery Sport in 2020 - 2 YEAR Review - 13th Feb 20
Shipping Rates Plunge, Commodities and Stocks May Follow - 13th Feb 20
Powell says Fed will aggressively use QE to fight next recession - 13th Feb 20
PALLADIUM - THIS Is What a Run on the Bank for Precious Metals Looks Like… - 13th Feb 20
Bitcoin: "Is it too late to get in?" Get Answers Now - 13th Feb 20
China Coronavirus Infections Soar by 1/3rd to 60,000, Deaths Jump to 1,367 - 13th Feb 20
Crude Oil Price Action – Like a Coiled Spring Already? - 13th Feb 20
China Under Reporting Coronavirus COVID-19 Infections, Africa and South America Hidden Outbreaks - 12th Feb 20
Will USD X Decline About to Trigger Precious Metals Rally - 12th Feb 20
Copper Market is a Coiled Spring - 12th Feb 20
Dow Theory Stock Market Warning from the Utilities Index - 12th Feb 20
How to Get Virgin Media Engineers to FIX Hub 3.0 Problems and NOT BS Customers - 12th Feb 20
China Under Reporting Coronavirus COVID-19 Infections by 66% Due to Capacity Constraints - 12th Feb 20
Is Coronavirus the Black Swan That Takes Gold To-Da-Moon? - 12th Feb 20
Stock Market 2020 – A Close Look At What To Expect - 12th Feb 20
IBM AI Mega-trend Tech Stocks Investing 2020 - 11th Feb 20
The US Dollar’s Subtle Message for Gold - 11th Feb 20
What All To Do Before Opening A Bank Account For Your Business - 11th Feb 20
How and When to Enter Day Trades & Swing Trade For Maximum Gains - 11th Feb 20
The Great Stock Market Dichotomy - 11th Feb 20
Stock Market Sector Rotation Should Peak Within 60+ Days – Part II - 11th Feb 20
CoronaVirus Pandemic Stocks Bear Market Risk 2020? - Video - 11th Feb 20

Market Oracle FREE Newsletter

Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

Gold Futures Trading Multi Time Frame Trends Update into 2010

Commodities / Gold and Silver 2010 Dec 21, 2009 - 01:14 AM GMT

By: Patrice_V_Johnson

Commodities

Best Financial Markets Analysis ArticleIn this weekly issue, The J.E.D.I. Way will be covering price trends in the Futures, and Futures Options Markets for the long-term, intermediate-term, and short-term time periods for the FEBRUARY 2010 GOLD 100 oz (Ticker Symbol: GCG10) contract and then list one or more trading opportunities in the futures options for this commodity that The J.E.D.I. Way will be seeking to add to its current holdings.


Note: The futures options for the FEBRUARY 2010 GOLD 100 oz FUTURES CONTRACT (Ticker Symbol: GCG10) expire on January 26, 2010. The Futures for the FEBRUARY 2010 GOLD 100 oz FUTURES CONTRACT expire on February 24, 1010. (However, please note that The J.E.D.I. Way plans on exiting all options trades before each option expires as The J.E.D.I. Way does not trade Futures)

LONG-TERM TREND (> 1YR) OF THE GOLD 100 oz COMEX FUTURES MARKETS: UP -
(See Long-Term Chart below for further details)
THE J.E.D.I. WAY’S LONG-TERM (or POSITIONAL) FUTURES OPTIONS HOLDINGS [> 1yr]:
T.B.A.
Note: The above portfolio was selected based on my analysis of the MONTHLY CHARTS below for February 2010 Gold 100 oz COMEX (Ticker Symbol: GCG10)

The J.E.D.I. Way will look at "Call Options" whose option premuim price goes up when the price of Gold Futures rises (specifically the 1300 calls for 2010 and 2011 and maybe even 2012) and then take a look at the "Put Options" for Gold 100 oz Comex 900 PUT OPTIONS whose option premium price goes up when the price of Gold Futures declines. (specifically the 900 puts for 2010 and 2011 and possibly 2012.)

I will e-mail my long-term setup and entry alerts for the 1300 calls and 900 puts for 2010, 2011, and 2012, next weekend.

INTERMEDIATE TREND OF THE GOLD 100 oz COMEX FUTURES MARKET (Three weeks to 1 Year): UP
(See Weekly Chart below for further details)
THE J.E.D.I. WAY’S INTERMEDIATE TERM FUTURE OPTIONS HOLDINGS (3 weeks to 1 year):
T.B.A.

Note: This was based on my analysis of the WEEKLY CHARTS below for the February 2010 Gold 100 oz Comex Futures Market.

The Feb 2010 Gold 100 oz Comex 1000 PUT OPTION is currently trading for $900.00.
I will e-mail you my intermediate-term setup and entry alerts for the 1000 put option and 1300 call option next weekend.

-----------------------------------------------------------
SHORT-TERM TREND OF THE GOLD 100 oz COMEX FUTURES MARKET (less than 3 weeks): DOWN
(See Daily Chart below for further details)

THE J.E.D.I. WAY’S SHORT-TERM FUTURES OPTIONS HOLDINGS (less than 3 weeks):
T.B.A.
Note: This was based on my analysis of the DAILY CHARTS below for February 2010 Gold 100 oz Comex.



The J.E.D.I. Way will e-mail you with its short-term setup and entry alerts for the 1150 call and the 1040 put, next weekend.

-------------------------------------------------------------
TRADING OPPORTUNITIES IN GOLD 100oz COMEX FUTURES OPTIONS FOR THE SHORT-TERM (less than 3 weeks),

INTERMEDIATE-TERM (3 weeks to 1 year) and LONG-TERM (greater than 1 year):

SHORT-TERM (< 3 WEEKS) TRADING OPPORTUNITIES IN THE FUTURES OPTIONS FOR GOLD 100 oz COMEX :

(Will be posted next weekend)

INTERMEDIATE-TERM TRADING OPPORTUNITIES (3 Weeks to 1 Year) IN THE FUTURES OPTIONS FOR GOLD 100 oz COMEX:

(Will be posted next weekend)

LONG-TERM TRADING OPPORTUNITIES (3 Weeks to 1 Year) IN THE FUTURES OPTIONS FOR GOLD 100 oz COMEX
(Will be posted next weekend)

Options Contract Specifications for Gold 100 oz:GC,COMEX

Options Expiration:01/26/10

Days to Expiration:39

GOLD Feb 2010: closing price: 1111.5

Price Value of Option Point:$100

-----------------------------------------
Futures Contract Specifications for Gold 100 oz:GC,COMEX Trading Unit: 100 troy ounces
Tick Size: $.10/oz. = $10.00
Quoted Units: US $ per troy ounce
Initial Margin: $4,300 Maint Margin: $3,250
Contract Months: All 12 months.
First Notice Day: Last business day of month preceding contract month.
Last Trading Day: Third last business day of the month.
Trading Hours: Open outcry trading is conducted from 8:20 A.M. until 1:30 P.M.
Electronic: 3:15 P.M. on Mondays through Thursdays and concluding at 8:00 A.M. the following day.
Sundays, the session begins at 7:00 P.M. All times are New York time.
Daily Limit: $75.00 per ounce

Thanks for listening, and good luck with your trading.

Best Regards,
Patrice V. Johnson

E-mail : Patrice@stockbarometer.com if you have any questions about this trade or any other questions or comments.

If you are interested in continuing to receive our advice as your free trial, please click the following link to subscribe.
http://www.stockbarometer.com/pagesJEDI/learnmore.aspx

Important Disclosure
Futures, Options, Mutual Fund, ETF and Equity trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy/sell Futures, Options, Mutual Funds or Equities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this Web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as a lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Investment Research Group and all individuals affiliated with Investment Research Group assume no responsibilities for your trading and investment results.
Investment Research Group (IRG), as a publisher of a financial newsletter of general and regular circulation, cannot tender individual investment advice. Only a registered broker or investment adviser may advise you individually on the suitability and performance of your portfolio or specific investments.
In making any investment decision, you will rely solely on your own review and examination of the fact and records relating to such investments. Past performance of our recommendations is not an indication of future performance. The publisher shall have no liability of whatever nature in respect of any claims, damages, loss, or expense arising out of or in connection with the reliance by you on the contents of our Web site, any promotion, published material, alert, or update.
For a complete understanding of the risks associated with trading, see our Risk Disclosure.

© 2009 Copyright Patrice V. Johnson - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules