Official Short-term Investments Thread

[bspot]

Originally posted by SilverRex
reduced half of my Jnug at 11.9

Well timed sell.

I'm still eyeing the gap fill on GDXJ, and leaving a generous trailing stop to see what it does.

[SilverRex]

Originally posted by bspot


Well timed sell.

I'm still eyeing the gap fill on GDXJ, and leaving a generous trailing stop to see what it does.

well looks like it has topped and ready for the correctional wave 2 (if bottom is in) gdx 23 is the critical level that needs to hold if this pull back is merely correctional.

if it punches under 23, be ready for lower low ahead. I am trying to free up as much cash as I can to scoop up Jnug in the 6-8 area if this scenario unfolds

[bspot]

Originally posted by SilverRex


well looks like it has topped and ready for the correctional wave 2 (if bottom is in) gdx 23 is the critical level that needs to hold if this pull back is merely correctional.

if it punches under 23, be ready for lower low ahead. I am trying to free up as much cash as I can to scoop up Jnug in the 6-8 area if this scenario unfolds

You're making me sad I didn't make a large sell at 12. Considered it, but seeing the MACD cross and oversold ready to work off, I couldn't do it.

Taking on huge risk with this trade, but even if I see 14s, it would be a massive return for me. A new high for gold would make it the trade of a lifetime.

Obviously the downside is always there, and I was sure feeling it in the 9s.

I'm 1/3 cash right now, but if it punches 6s, It's going to be pretty tough to stomach dropping every last penny in.

[bspot]

Of note, 11.19 is the 38% retracement of 9.72 -> 12.08.

[SilverRex]

Originally posted by el_fefes
Out of JNUG for +7%

Good time to get in DGAZ?

i normally dont like the idea of going against the major trend. but if I was a betting man, i would say Natgas has more downside potential than upside in the weeks ahead.

[SilverRex]

looks like Natgas indeed starting to come down, if a top is in, I am expecting wave 2 to bring Natgas down to the low 2s then it would be a great time to buy again

[SilverRex]

gold has bounced off 1246 and still cannot close below 1250 on the hourly, gdx remains above 23. the last support if it cannot hold and turn it around, we are looking for lower lows ahead.

yesterday top for miners may have been the wave 4 bounce, very weak I know. might as well get the entire 5 wave of C done and over with sooner than later imo

[SilverRex]

so far so good. gdx 23 holding and hold 1250 is strong. as long as they dont break down, still bullish with the rounded bottom chart I posted yesterday for target heading back to the 25

[Vanish3d]

what just caused this spike?

[bball2]

Anyone know when the Yellen Speech is in Calgary time? Should see some big movement on gold one way or another today

Edit: looks like 12:30 eastern so 10:30 mountain

[Disoblige]

Investing.com says 11:30 am our time, which falls in line with the Federal Reserve website as well.

[bball2]

Originally posted by Disoblige
Investing.com says 11:30 am our time, which falls in line with the Federal Reserve website as well.
Haha I'd definitely trust that time then, I got 12:30 ET from stocktwits :-P

[KappaSigma]

Originally posted by SilverRex
looks like Natgas indeed starting to come down, if a top is in, I am expecting wave 2 to bring Natgas down to the low 2s then it would be a great time to buy again

Are you speaking to aeco or nymex?

[SilverRex]

Originally posted by KappaSigma


Are you speaking to aeco or nymex?

nope.

btw looks like miners does want to make a lower low.

[Vanish3d]

Originally posted by SilverRex


nope.

btw looks like miners does want to make a lower low.

you think at 1130 it's going to drop like a brick?

[SilverRex]

gdx 23 broke.

I will be scaling in Jnug starting with gdx at 22, 21, then 19

update. gold is trying to make a come back and miners would obviously follow if gold rallies strongly, gold hasnt broken 1250 so technically anything can happen.

now is wait and see.

update. just heard the speech is pushed back 1 hour

[Magic-8-Ball]

Originally posted by SilverRex
gdx 23 broke.

I will be scaling in Jnug starting with gdx at 22, 21, then 19

update. gold is trying to make a come back and miners would obviously follow if gold rallies strongly, gold hasnt broken 1250 so technically anything can happen.

now is wait and see.

update. just heard the speech is pushed back 1 hour

I just noticed you mentioned gold hadn't cracked 1250...maybe my browser is out to lunch...but the days range shows as if it hit 1247 at some point? If that is the case...that would change your outlook not?

[bspot]

Originally posted by Magic-8-Ball


I just noticed you mentioned gold hadn't cracked 1250...maybe my browser is out to lunch...but the days range shows as if it hit 1247 at some point? If that is the case...that would change your outlook not?

Use XAU/USD as you're looking at futures, and 1250 has broken a bunch, but hasn't closed that low at the higher time frames. I.e. if you're looking at candlesticks, you're just seeing tails down into that area.

[SilverRex]

Originally posted by Magic-8-Ball


I just noticed you mentioned gold hadn't cracked 1250...maybe my browser is out to lunch...but the days range shows as if it hit 1247 at some point? If that is the case...that would change your outlook not?

i care more about price closing below 1250 on the hourly then price testing certain levels. So far from a distance 1250 is holding well however that could change within the next 1-2 hour of course.

[bspot]

Anyone partake in the bio smackdown? I sold LABD the day before the drop to free up funds for JNUG. Wow did I get that one wrong...

[Disoblige]

Originally posted by bspot
Anyone partake in the bio smackdown? I sold LABD the day before the drop to free up funds for JNUG. Wow did I get that one wrong...
I left my funds available for JNUG as well but was eyeing LABD for a while since it was in the 17's for the longest time. I feel uncomfortable going into LABU until it's in the low 30s (XBI: ~58 or so), especially with Trump under fire lately so close to November.

[bball2]

Alrighty, let's see how this plays out :thumbsup: :guns:

[SilverRex]

well as I have posted this yesterday and was expecting gdx to fall back towards the 23 area to form the handle. True that. now the moment of truth.

will it break below 23 and begin the final journey of wave 5 of C of major 2 down to the 19-22 area.

or will this cup and handle come thru. all I know is the upside breakout above 24.09 will target 25.5 to close tha tap left on Oct 4th.

after selling half of my Jnug yesterday ay 11.92 (pure luck)

I have scaled back in 25% of that position at 10.50 to see if I got this right.

http://i.imgur.com/60TGO0M.png

[Disoblige]

She didn't say shit! lol

[bball2]

No kidding :dunno: how does one person say so many words without saying single meaningful thing.

[bspot]

"My 10th question: Heterogeneous. Great recession. Should we? We're not sure. We need to study more. Maybe we shouldn't. Although maybe we should. Speaking. Words"

[BavarianBeast]

Good buying opportunity for ARIA imo. I decided to get back in today.

It's crazy how much a stock can be manipulated by a few people who don't really know jack shit about an industry. The biotech market sure is cut throat.

However, between 3rd quarter earnings in Nov and the approval of a drug that is currently being fast tracked for approval (drug is showing very positive preliminary results), I think it's a solid buy!

[bspot]

So, GDX 23 by a thread. Another weekend waiting to see direction on this thing.

[Disoblige]

Small position in JDST, probably sell sometime early next week as it looks like miners are super bearish into close.

[bspot]

Interesting read: http://www.smarteranalyst.com/2016/10/14/direxion-shares-exchange-traded-fund-trust-jnug-gold-stocks-screaming-buy/

Gold to HUI:

http://www.macrotrends.net/1440/hui-to-gold-ratio

[SilverRex]

quick update on gdx. as you can see the current count (as with most expert EW analysis) continues to call for a wave v of C down to the 19-22 area.

the wave iv bounce we got was extremely short lived. I was hoping for a higher bounce to unload more position and to buy back much lower.

No matter, a steeper discount is still very possible. It is hard to imagine gdx going another 10-15% lower which is probably another 20% or 50-60% lower for Jnug. Jnug between 5-7?

if so I will be buying alot there.

The cycle counter I am following is calling gold to bottom this week or may have bottomed last week and if gold can break above 1268 to form a weekly swing then they suggest the yearly cycle low is in place. That means gdx needs to first break last week's high at 24.09 to give us first sign that perhaps the final wave down counters got it wrong. Nail in the coffin if gdx can reclaim above 26

Big picture. I think the entire run from 1046-1375 is a major first leg up wave (A). and even if gold has a date with sub 1k prices due to cycles, liquidation or manipulation, I think this is a wave (B) correction with one more strong up leg up to 1550 area which means, there will be a lot of buying imo in around these area. So try to scale in appropriately in these level with the notion of holding them for a good 3-4 months.

If we follow the 2008 bull market, we are also near the bottom around the middle of Oct as well.

http://i.imgur.com/m4fkfFZ.png

[Vanish3d]

wishing i got into BLO.
congrats to those still holding

[ercchry]

Originally posted by Vanish3d
wishing i got into BLO.
congrats to those still holding

Happy I held off on liquidating part of my position this morning :bigpimp:

[sabad66]

Originally posted by ercchry


Happy I held off on liquidating part of my position this morning :bigpimp:
i got in last week for a small position, up 45% so far (mostly from today)

what's with the bump today? couldn't raelly find any material news but i didn't look too hard

[ercchry]

For the last few weeks it looks like big money is moving into it, figure it's just more of the same. Getting ready for them to finally have their portable unit ready to sell

[SilverRex]

moment of truth this morning, if gold can break above 1268 and gdx over 24.09 it could be the very first sign the bottom may be in for this sector,

however a false breakout or a sudden reversing into the red just means the downside target lower low is still in play.

[sabad66]

Originally posted by ercchry
For the last few weeks it looks like big money is moving into it, figure it's just more of the same. Getting ready for them to finally have their portable unit ready to sell
aaaand it continues today!! :bigpimp: :bigpimp:

[ercchry]

Originally posted by sabad66

aaaand it continues today!! :bigpimp: :bigpimp:

These volumes are insane!

[SilverRex]

if miners dont take out today's low I think momentum is starting to build towards an upside breakout

[secol]

found this for the green investors....

http://marijuanaindex.com/

[bspot]

Moved some JNUG into GPR, YRI and G. Still sitting on a large JNUG position holding for the gap fill.

[riander5]

So who has profited from this pot company madness. Is this only the beginning ? I bought in way back when tweed bedrocan etc came on the CVE, and they just toiled there and did fuck all.

I was 2 years too early :banghead:

[illtim3d]

Im up over 250% on OGI and ACB. Bought well under $1 on both.

[asp integra]

good day for jnug and teck

[bspot]

Well, basically recovered from my JNUG knife catching. Freaking relief. I don't even want to admit what my portfolio allocation of a 3X leveraged ETF was at the worst of it :rofl:

[master hec0]

Originally posted by riander5
So who has profited from this pot company madness. Is this only the beginning ? I bought in way back when tweed bedrocan etc came on the CVE, and they just toiled there and did fuck all.

I was 2 years too early :banghead:

I've been riding the CGN gravy train since march 2015 :clap:

[SilverRex]

some good strength in miners and it held into closing above 24.09, there should be some follow thru meaning a bit more upside today to drawing technical buyers due to the breakout.

looking at gold this morning, while momentum is starting to gain to the upside, a lot of work still needs to be done. On the positive side, miners and gold have produced weekly swing low which is another signal for technical buying.

however ultimately gold requires confirmation to close and sustain above 1305 to kill any bearish pressure. so the 1280-1305 area will be the short's big fight to make a stand.

for the short term I expect the 1280 to be a very strong resistance, then we will see if this gold rally is real or another head fake.

head fake because count wise, this can still be just a dead cat bounce just to reset the oversold condition. let just say if this move is real then gold should have no business trading back below 1265.

for many EW analyst, they still do not believe in this bounce and still peg it has wave iv just an extended flat correction while even they can get it wrong sometimes.

perhaps miners are looking to at least fill the gap with gdx at 25.5 and gdxj at 52.5

I will using this opportunity to unwind more leverage but will hold onto some new positions that I have added lately in ipt.v, gpr.to and ag

http://i.imgur.com/gpSjsLr.png

[SilverRex]

one concern that this rally could be short live is the fact that silver remains under performing to gold. the ratio is still above 71+, unless it is back to 65-68, it would appear as though it is lacking demand.

so definitely take advantage of this rally to again re-balance your portfolio in anticipation that you can buy much lower.

[SilverRex]

unloaded 2/3 of my Jnug

[sabad66]

Originally posted by ercchry


These volumes are insane!
Looks like it was leaked news ahead of the announcement that came out this morning

[Vanish3d]

Originally posted by sabad66

Looks like it was leaked news ahead of the announcement that came out this morning

I'm still tempted to jump in now, but it's so overbought I'm sure it'll correct soon. Maybe it'll touch $1 before the crash tho?

[SilverRex]

possible head and shoulder pattern on the low level 5m/15m for gold. if it cannot make a new high and closes below 1268.8 it probably will drop and test 1265 quickly

[ercchry]

Originally posted by Vanish3d


I'm still tempted to jump in now, but it's so overbought I'm sure it'll correct soon. Maybe it'll touch $1 before the crash tho?

If it gets approval and sales start to come in I doubt it will do anything but continue to climb... but if things go sideways, yeah it's a long way back down if you get in at these levels

[Disoblige]

SilverRex, when you say the analysts still don't believe in the bounce, are you saying they still believe gold hitting back down to 1240's or lower before the real rally back into 1300's?

[SilverRex]

Originally posted by Disoblige
SilverRex, when you say the analysts still don't believe in the bounce, are you saying they still believe gold hitting back down to 1240's or lower before the real rally back into 1300's?

essentially, lower low for miners and gold. although divergence can happen for example, gold makes a lower low but miners make a higher low.

[ercchry]

Up 175% on BLO... liquidated half my position, mostly to rebalance my portfolio but if there is a small correction I'll probably rebuy a portion of what I had

[sabad66]

Originally posted by ercchry
Up 175% on BLO... liquidated half my position, mostly to rebalance my portfolio but if there is a small correction I'll probably rebuy a portion of what I had
good call. take your profits and ride the 'free money'. i'll probably do that if i can get to double my money... almost there at 85%

[ercchry]

Guess I should of sold it all :rofl:

Looks like someone just dumped 1mm shares

[SilverRex]

once miners fill the gap I will liquidate the rest of my Jnug and be in a perfect balance of cash, position and no leverage.

this is a repost, but im glad pattern like this worked like a charm this time.

once miners closed the gap will have to wait and see if it can follow thru with an upside breakout to confirm the low is in or make one more set of 5 waves down to new lows.

http://i.imgur.com/60TGO0M.png

[SilverRex]

Natgas indeed topped last week, now in wave 2 correction for a couple of weeks or even months. will look for a good entry once a bottom is formed.

last week's chart. looking good so far, sadly I dont like playing the short side in an bull market as surprise can usually be to the upside

http://i.imgur.com/IexOlP2.png

[Vanish3d]

Originally posted by ercchry


If it gets approval and sales start to come in I doubt it will do anything but continue to climb... but if things go sideways, yeah it's a long way back down if you get in at these levels

I think I dodged a bullet (at least for today). Almost pulled the trigger at 0.78 but backed out last minute

[ercchry]

Yeah, I'm not overly surprised... it's going to probably be at least a month or so till they have anything new to say and big money did start to come in around $0.35.... hard not to take out your cash when you make $500k in a few weeks :rofl:

It is incredibly volatile though when it get some volume in it... since I finally sold off a decent chunk I think I might start to play the swings a bit. Going to wait though to see where it goes from here

[littledan]

I'm jumping into aphria. CVE:APH

If you can make money growing tomatos that sell for $5/pound I'm sure you can find some marging growing MMJ that retails for $3600/lb lol

[Disoblige]

Man, holding the bag on JDST. Where's this Gold crash coming? Lol.

[BavarianBeast]

Sherrit S.TO looking like a great buy! 😜

[riander5]

Originally posted by BavarianBeast
Sherrit S.TO looking like a great buy! 😜

Is this real or in relation to all of zenops nickel comments lol

[bspot]

Originally posted by SilverRex
unloaded 2/3 of my Jnug

Basically all the technicals for gold and miners have just flipped to bullish. You don't think this will run a bit on that alone?

[SilverRex]

Originally posted by bspot


Basically all the technicals for gold and miners have just flipped to bullish. You don't think this will run a bit on that alone?

anything can happen but I like to keep my leverage play shorter term and rather reassess from time to time.

I will be comfortable riding a higher trend once gold and miners confirm a new cycle has begun then to just hold onto everything just to see it drop.

I have more than enough position to keep riding a strong wave, and if lets just say miners do pull back greatly, then buying 20-30% lower is also profit imo

[SilverRex]

gold is very corrective this morning with negative divergence, despite a rising dollar, weak euro and gold was relatively strong earlier, it is now starting to get weak. all eyes on 1265 and gdx 24.09, reclosing below these level are first sign that the wave 4 with one more leg down to test the low is still very much alive and perhaps underway

[bspot]

Originally posted by SilverRex
gold is very corrective this morning with negative divergence, despite a rising dollar, weak euro and hold was relatively strong earlier, it is now starting to get weak. all eyes on 1265 and gdx 24.09, reclosing below these level are first sign that the wave 4 with one more leg down to test the low is still very much alive and perhaps underway

Well, you win again. Luckily I jumped out early into the drop, ready to reload at the appropriate time.

The 5min chart suggests 1264 is on deck at the least.

I'm playing the gap fill. Limit buy set. Not sure it'll fill, showing some good strength now.

[SilverRex]

gold has bounced off twice right at 1265 on the 5m chart. talk about an entry spot.

it will be funny if gold bottoms here. let just see what happens. the flip side is, if these areas are now broken and price hangs around or above it even if it hovers for a few days for some moving averages to catch up, it could instill a hidden bullish moment next week.

update... gold making a 3rd attempt to break 1265..

and it held...with a much stronger bounce

[v8killa]

BLO is taking a beating today. Anyone going to get in at 0.54?

[ercchry]

Originally posted by v8killa
BLO is taking a beating today. Anyone going to get in at 0.54?

Kicking myself for not selling it all yesterday ... thinking about getting back in fully though

[v8killa]

Any idea as to why it is dropping so much? Just people dumping?

[riander5]

Originally posted by v8killa
Any idea as to why it is dropping so much? Just people dumping?

Better question is why did it go up so much in the first place..

[ercchry]

It's been getting lots of exposure lately and attracted big money, they are also getting close to being market ready... but when something more than doubles that quickly you are going to see profits being taken, especially for people that have been holding it for so long. Hell, at one point I was averaging down at $0.08/share :rofl:

Before this run the daily average volume was like 150k shares... now look at it 2-4 million a day

But I still believe in it, would be nice if it could at least move over to the venture though. That would probably curb the craziness a bit. But just think of how large the market could be if this ends up being standard equipment for first world police cars... way larger than they're $30mm cap

[secol]

there is competition out there though, it's not like they are the only ones in on this.

http://www.thecannabist.co/2016/09/14/marijuana-breathalyzer-hound-labs/63173/

http://www.citynews.ca/2016/04/20/race-to-develop-marijuana-breathalyzers-before-canada-legalizes-drug/

[SilverRex]

while gold did break below 1265 over night, it is so far still trading back above it. I would imagine a break is a break and so I have to lean towards the possibility that gold wave V of C of (II) down has started.

miner hasnt broken 24.09 which is a good sign (if you are still long) and so if miners remains above this level and gold say breaks above 1275+ then it is more likely the bottom is in.

otherwise I am holding out my personal hope to see a lower gdx so I can scoop up some cheap shares.

[Vanish3d]

jumped into JDST - come on lower lows

[cidley69]

Tourmaline gap up this morning......

[ickyflex]

Originally posted by cidley69
Tourmaline gap up this morning......

:clap:

Sell Assets to shell in 08 for 5.9B...buy back in 16 for 1.4B haha

[SilverRex]

pretty boring day. will have to wait until next week for any significant action

[BavarianBeast]

Originally posted by riander5


Is this real or in relation to all of zenops nickel comments lol

I was for real! Up 10% now since posting!

[bspot]

Originally posted by SilverRex
pretty boring day. will have to wait until next week for any significant action

I'm all out of JNUG and was looking for a pullback for reentry today. My plan was to take a small position EOD but wasn't around to do it.

Strong day given options expiry, set up for a strong Monday. If it gaps up, I'll be left behind.

Oh well. No boarding moving trains for this guy.

[Vanish3d]

Nat gas is up 14%
Did we just roll over to December contract or is my DGAZ going to be down a stupid amount ?

Edit. False alarm ! The % is fixed on investing.com

[SilverRex]

we have a trendline break this morning in gold, it is looking for another attempt to break 1275

if gold strongly breaks above the 1275-1280 region it will technically create some buying panic.

while I was hoping it will head lower this week, since this is a bull market, it can always surprise to the upside. so as long as gold hold it's gain today and does not reclose below the trendline or remain under 1268, it will start to look good that gold may have indeed bottomed on the 7th of Oct.

personally I will still look for this good bounce in the 1275-1280 to unload my remaining 1/3 Jnug

http://i.imgur.com/H9qgR3e.png

[SilverRex]

Originally posted by Vanish3d
Nat gas is up 14%
Did we just roll over to December contract or is my DGAZ going to be down a stupid amount ?

Edit. False alarm ! The % is fixed on investing.com

I will now call you Mr. Bold,

while count wise Natgas is and should be in a wave 2 correction looking for it to drop all the way back down to the 2.5 area. This sector is very volatile, and I suspect after the initial drop for UGAZ from 55 down to 45 , it could bounce strongly.

[Vanish3d]

Originally posted by SilverRex


I will now call you Mr. Bold,

while count wise Natgas is and should be in a wave 2 correction looking for it to drop all the way back down to the 2.5 area. This sector is very volatile, and I suspect after the initial drop for UGAZ from 55 down to 45 , it could bounce strongly.

Im in DGAZ at 4, and will probably cash in today if my stop at 4.4 hits.

[SilverRex]

Originally posted by Vanish3d


Im in DGAZ at 4, and will probably cash in today if my stop at 4.4 hits.

is 4.4 the low of the previous day? one good average method is to use the low of the previous day and as long as it keeps making a higher low you keep raising the stop this way. Which is a good way if suddenly the trend runs away from you meaning you get to run the wave

my own trading strategy I usually just scale down (take off 1/3 or 2/3 position and the rest if it goes higher etc) this way you are covered in either direction.

[Vanish3d]

no, 4.4 gets me an even 10% lol
I think I'll be out today regardless. either at 4.4 or end of day if it stays higher

[SilverRex]

anyways gold broke 1268 with convincing fashion, unloading my last of Jnug at 13.55 and looking to buy back lower (I hope)

[SilverRex]

the perfect scenario for me is to see gold drop below 1240 but above 1235 to give us a positive divergence.

I have no more leverage and hope to buy back lower. hopefully taking profits now is a good decision.

http://i.imgur.com/fMGjiHh.png

[bspot]

^So odd how the last couple weeks gold was hitting it's highs overnight, and dropping on open of the US and Euro markets. Today, it gets the big jump up in the US before fading.

I'm still holding a bunch of miners, but happy to be on the sidelines of JNUG for now.

[SilverRex]

Originally posted by bspot
^So odd how the last couple weeks gold was hitting it's highs overnight, and dropping on open of the US and Euro markets. Today, it gets the big jump up in the US before fading.

I'm still holding a bunch of miners, but happy to be on the sidelines of JNUG for now.

well I dont mind holding the bag on a small position in Jnug. but it worked out well for today. sold at 13.55 and bought back at 12.10

this is just 1 small position. I will begin to scale in more position if miners can continue to move lower every 5%

[SilverRex]

gold is resilient over night having to regain all the losses this morning with another crack at moving pass 1271-1275.

a reason why I was more incline to put in a small leveraged position just in case we get a surprise to the upside.

I am still trading as if gold still wants to make a good significant move down before it is ready to resume it's next major up leg.

So we will see just how strong the 1271-1275 resistance is today.

[cidley69]

Anyone following the marijuana votes nov 8 in us?


Several states voting to legalize recreational or medical use.

Bet some pot stocks will benefit from yes votes.

Any suggested companies to watch?

[SilverRex]

just to post a big picture on gold.

personally I am in the camp of believing gold is moving very similarary to the late 70s run after putting in a multi year decline.

as you can see we are on schedule moving down for a good intermediate cycle low.

if it continues to follow this pattern it is a 2 3 steps forward 1 step back until the final year where it will strongly move in the final parabolic finish

http://i.imgur.com/VUqq188.png

[SilverRex]

one last chart on gold as you can see, gold remains poise to head down in the red count. if this is so, it has no business in breaking above 1275, even if gold slightly breaks above 1271 and come crashing down will only confirm the last wave iii of (V) to be in progress taking it right back down for a chance to break 1240

however considering this is the wave (V) sequence, it can and could have ended back on Oct 7, if the low at 1240 was it, then the entire sideways movement could also be viewed as a 1-2, 1-2 with wave 3 ready to pop

so let just say a move above 1275 will confirm the green path and a move below 1260 the red count.

http://i.imgur.com/Dx2IXbW.png

[Vanish3d]

man! why did I sell my DGAZ yesterday

[SilverRex]

Originally posted by Vanish3d
man! why did I sell my DGAZ yesterday

was your stop triggered?

it met your objective didnt it, but when a market keeps moving, the way to catch it is to start using a trend indicator like moving averages and previous day lows as your gauge. because once it trends it will continue to produce a higher low in a up market and a lower high in a down market