Originally posted by cidley69
Tourmaline gap up this morning......
Sell Assets to shell in 08 for 5.9B...buy back in 16 for 1.4B haha
Originally posted by cidley69
Tourmaline gap up this morning......
Sell Assets to shell in 08 for 5.9B...buy back in 16 for 1.4B haha
pretty boring day. will have to wait until next week for any significant action
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2019 IS350 AWD
20xx NX350 AWD
I was for real! Up 10% now since posting!Originally posted by riander5
Is this real or in relation to all of zenops nickel comments lol
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.Originally posted by SilverRex
pretty boring day. will have to wait until next week for any significant action
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.
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
Last edited by Vanish3d; 10-24-2016 at 06:30 AM.
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
Last edited by SilverRex; 10-24-2016 at 06:55 AM.
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2019 IS350 AWD
20xx NX350 AWD
I will now call you Mr. Bold,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
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.
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2019 IS350 AWD
20xx NX350 AWD
Im in DGAZ at 4, and will probably cash in today if my stop at 4.4 hits.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.
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 waveOriginally posted by Vanish3d
Im in DGAZ at 4, and will probably cash in today if my stop at 4.4 hits.
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.
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2019 IS350 AWD
20xx NX350 AWD
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
anyways gold broke 1268 with convincing fashion, unloading my last of Jnug at 13.55 and looking to buy back lower (I hope)
Last edited by SilverRex; 10-24-2016 at 08:27 AM.
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2019 IS350 AWD
20xx NX350 AWD
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.
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2019 IS350 AWD
20xx NX350 AWD
^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 12.10Originally 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.
this is just 1 small position. I will begin to scale in more position if miners can continue to move lower every 5%
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2019 IS350 AWD
20xx NX350 AWD
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.
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2019 IS350 AWD
20xx NX350 AWD
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?
My Karma ran over your Dogma
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
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2019 IS350 AWD
20xx NX350 AWD
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.
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2019 IS350 AWD
20xx NX350 AWD
man! why did I sell my DGAZ yesterday
was your stop triggered?Originally posted by Vanish3d
man! why did I sell my DGAZ yesterday
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
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2019 IS350 AWD
20xx NX350 AWD