Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
First and foremost I want to thank Tim for allowing me to write a post about my book Targeted Capital: The Art Of Low Risk High Reward Trading. Second, I want to thank the Slope community as a whole; so far the reception of the book has been nothing short of overwhelming. Thank you so incredibly much.
I wanted to quickly spell out what Targeted Capital contains for those who might be interested in picking up a copy of the book. I truly think Targeted Capital contains relevant information for all traders no matter what their style, market, or preferred timeframe of trading is. However, the last thing I would want is for someone to purchase a copy and find that it is totally irrelevant to their style of trading. Here is what the book contains.
Just a heads up on what I’m seeing in gold right now via the GLD ETF. The charts speak for themselves.
1yr 3mo view
Obviously, I’m not suggested a straight up moonshot, the line is just a target off the Inverse Head & Shoulders pattern. I don’t think they really mean anything as far as a target goes, but it does show a reversal of supply/demand in play which will lead to further short-covering.
For the 137th time in the past seven months, people are running around buying oil, thinking it has bottomed. Good luck with that. Be wary; here’s the intraday chart, with an important failure point that took place in the wee hours of the morning: