107..K92 Mining 2 month..2 hr

Gold Master Investing 107: Intraday Timeframe Charts (3 of 3); Basics for Beginners: Trade the Penny/usd Gold Stock Minnows for monthly income

The powerful penny/usd stock gold exploring Minnow:


Intraday Charts (3 of 3); Basics for Beginners:

I’m going to give you more of my Chart basics here; this is on Intraday Timeframes; a very important tool for daily channel spread movements and day trading the short time periods. It is a key component for Gold Master Investing that I use extensively for trade entry set ups and exits to close the position out. I don’t use sell or stop loss orders. We are always bias long as the Gold Value Asset (The high quality Gold Ore deposit) is our golden safety net that supports the value of the company stock.

Intraday Timeframes:

1. Intraday Charts:

This is an overview of all the timeframes:

I use the following timeframes to identify various aspects of live trade factors I see & “Wave of Motion” movements; the spread & time between the waves (velocity) of stock price fluctuations:

Choices I have after analyzing the Monthly, Weekly & Daily charts:

1.) 20, 15 & 10 day-2 & 4 hour Candlesticks

2. 15, 10, 5 & 3 day-60 minute Candlesticks

3.) 3, 2 & 1 day-30 minute Candlesticks

4.) 2 & 1 day – 15 min, 10 min, 5 min & 1 minute:
(HLOC Price): Candlesticks

Note: Candlesticks (green/red) give you a quick & easy read on price movements (HLOC) on any & all time periods you use.

I always start first with the Monthly, Weekly and Daily charts before I zoom down into intraday timeframes above. I use them for channel (Wave of Motion) entry or exits for trading profits.

The day charts (HLOC) for 1 day, 3 day and 5 days tells me the current range of high-low prices.

From here I look closer at the intraday trading timeframes for entry points within the channel. I then make a decision and buy at market or set a buy order to fill; then onto the next Minnow.

See these examples; Minnow Trade Charts:

Chart: 2 Month-2hr:

107..K92 Mining 2 month..2 hr

This stock can be traded for the next 3 yrs as the different trading channels develop over different timeframes; See this next chart:

Chart: 5 days-30 minutes:

107..K92 Mining 5 days..30 minutes

The Breakout Buy entry here is $1.40 which then becomes the new support level. See next timeframe:

Chart: 5 day-15 minutes:

107..k92 5 day 15 minute chartbefore traafe day

This is a set up for a Buy order at $1.98 for the entry point (Good till Filled). Stay into the trade for as long as you like 1, 2, 3, 5, 10, 20 days; 2, 3, 4, 6 months or 1-2 years depends on your timeframe choices?

If it dip & fades to the 1st support level; double the positions; if it dips to the 2nd very strong support level (the rock); double the position again as these are buying opportunities!

We are always bias long with these stocks. We are Value Investing; these companies are undervalued and overlooked by Mr Market (the big dog)! Our edge is that they have a golden safety net (A quality Gold Ore deposit) which is the basis for us owning it for capital gain growth and trading the step channels! This happens when Mr Market wakes up and starts to see the value!

See this chart for more examples:

107..K92 Mining 3 days..15 minute

Another trade opportunity on a 3 day-15 minute chart; all these trades are on the same stock for monthly income.
I will say this often; Remember we are fleas drawing blood (Profits) from the big dog’s back (Mr Market) and him finally recognizing the value of our Gold Mining Stocks; this awakening is from the developing Gold Bull Market that started in January, 2016.

I don’t trade the intraday minute charts anymore (1, 5, 10, 15, 30 minutes….etc) as it’s to time consuming for me; I take a much longer view and manage my business in 1-2 hrs/week.

I give strategies, methods & techniques on all timeframes within my monthly newsletter: “The Gold Net” plus one exclusive top pick Minnow is emailed to you the 1st week of each month; 12 Trade stocks/per year meeting my strict fundamental & technical chart criteria.

That’s 12 Top Minnow picks/year for a subscription price of just $8/month or $96/year. $8 is the cost of an entry buy-in on any stock you trade; a super bargain for 27 pennies a day.

A GoldMasterAfrica quote:
“ If you can conceive and believe it; you can achieve it!”

The Gold Master Africa – Gold Master Investing

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