Pailin's Trading Corner

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JoeKa
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hello monkeys

what took you so long? getting married eh?? lemme call TMZ.

S1 violated at 33.16 but trying to recover. I feel good about S2 @ 32.70

6.jpg

pailin
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DNS

Heh. Is TFM going to crash every time 1% comes off PMs now?

Bought 33. Bring it ON!

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I never buy at the bottom and I always sell too soon. -Baron Rothschild

Man is a credulous animal, and must believe something; in the absence of good grounds for belief, he will be satisfied with bad ones. -Bertrand Russell

JoeKa
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BTFD: 18 day + middle BB

S1.5: 32.90 (nice looking support)

S2: 32.70

midBB (20 day): 32.46

18 day: 32.19

Pick your spots!

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If only

I had thumbs on my feet. Love that photo. 

EUR/USD looks like the law of gravity is still in effect.

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pailin wrote: Bought 33.

pailin wrote:

Bought 33. Bring it ON!

sweet buy! watching that 5 min chart like a hawk. it held 33 very very well.

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This was a buy the dip

This was a buy the dip Monday.  Added NGD and EXK.

SIlver is Wealth-- I'm kicking myself for missing that HL short on Friday. Missed it by a penny.

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Fock, did it again.  Meant

Fock, did it again.  Meant Silver is Money.

From now on it's SW and SM for me. 

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SSK

Didn't you have it in for $5.40?  I was sure that you got filled, was talking to a trading buddy about how well you were trading that stock out of hate :)  

You may get another crack at it here, $5.36 as I type this. 

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SW, My eyes are on LNG this

SW,

My eyes are on LNG this morning.  Looking to go short here.  Gonna let it run before I p0unce.

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SM, Bid was 5.45.  It hit

SM,

Bid was 5.45.  It hit 5.44.  Would have been a nice base hit. I've got to admit, HL isn't acting like the usual (as in the past 5 years) turd that it is.  Oh, but it will. It will.

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Question of the morning for the pros here

Is this a bull trap or have we finished correcting? 

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good bounce

good resilience in all the usual suspects.

Out with coin and waiting. Watching the 32.95 area in Silver.  Gold is in dog house and I think will test 1702 and then a bounce. They love doing this, the Hoods and Thugs. Drop Gold in chunks to try and scare everyone off. Gold rarely falls anymore in orderly fashion, no fear in that.

Regarding the 'news' discussion over the weekend. I may have been a bit short tempered. Granny gets that way. And I appreciate those who want to trade what I call Forensic trends. The footprints of the psychos as they return to the scene of their carnage again and again, addicts for theft and mayhem. This is why I always am on alert around the 4th of every month and after the 1st week of every month and 1 week out from OE. It splits focus but it has to be done. That and of course the 10a.m. Pacific -10:30 takedown time zone.

Sometimes it gets so tiresome I'll just trade SSO the government sponsored Obama drug vehicle. At least I know there is constant support and transfusion going on there. Its like a corpse that is regularly pumped full of blood when ever it threatens rigor mortis.

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ssk

I would be careful shorting LNG here imo only. It has a good wave pattern where it could pop in its next impulse to 14 area, midpoint resistance is around 13.50.

Only for the few,the proud, the brave, etc. But this may only play out as a 2day pattern so who knows.

I will definitely be buying the retrace should Iget one. It impulsed today.

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good

good impulse bounce in SI. A little pullback. Could move to 34 area on 2nd impulse up

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SilverWealth wrote: good

SilverWealth wrote:

good impulse bounce in SI. A little pullback. Could move to 34 area on 2nd impulse up

I'd be happier than a pig in shite.  Miners would rock if silver did that.  So far the lows are holding in the miners.  Trying to be weary of bulltraps filled with hopes and dreams and pixie dust. 

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Add GOLD to the "We actually

Add GOLD to the "We actually know how to pull the shiney out of the ground" club. Just boosted production and doubled the divy.  It just joined the likes of NGD in my book.  No position, but I'll be watching for pullbacks.

I also think GOLD's update puts some of the African miners back on the table. Just look at HMY this  morning (I have a small position in the core).

See, they don't all suck.

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got it

Got that second impulse wave in SI, selling into it and reselling EXK rebought 20 minutes ago.

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2nd Wave

2nd Silver impulse wave projects to 33.90, sorry. I am selling because we have moved well and come into morning futures high.

still can have room to run. Will probably buy any decent retrace.

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LNG

SSK, LNG looks tired in a double top. You have my permission to fire at will. Bogey at 12 o'clock!!!

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LNG

SW,

Already in and out. Looking to re-load the short.  My guess is that it posts lower highs here. Next short order: 13.21.

NGD looking good this morning.  I think it's production update juiced the shares.

Anybody following ZOLT?  I keep looking for an entry point. Chicken shit to add here.

JAG is looking weak here.  Moves in pops. You either catch one or wait for the next.

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