Gold Futures Trading Multi Time Frame Trends Update into 2010

By: Patrice_V_Johnson

In 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.

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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.

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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.

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