Back in JNUG at 13.53....gold looks to be coming back fast.
EDIT: sold JNUG 13.53 at 14.31......awaiting a pullback, LBO set at 13.90
EDIT EDIT: Back in JNUG at 14.65.....looks good today.....most likely my last trade for a bit....time to ride out the week....gained a few shares and banked some cushion on the account. good day. GLTA
Back out. Can't believe they'll let it run like this....10% up is a good day. Sold 14.65 JNUG at 15.10....my last daytrade of the week...next move is a buy and hold for a bit, LBO set at 14.35 JNUG.
It very well could run to 16 but i'll take my double digit gain on the day and go to the house. Live to fight another day. Reaccess tomorrow if I don't get my 14.35 pullback.
GLTA, out for real now....gotta go do my real job
Way to go Tony!
I’ll sell a tranche if we get just a little more gain as a small pullback is likely. Otherwise holding.
Still havent hit the sack, wanted to catch up on today's action. 16 !!! Lookin for a bit of a pullback but may not get it. Today was perfect execution if you exclude the getting out too early part. That's always, and I mean always, my weakness. If I get a 14 handle I'll consider it a gift. But 1360ish on the chart lurks...and candily somewhere in my echo I hear JDST. Ignoring that.
I know I know I know....but...
I'm in JDST at 50.50
Gold has 'that' look to it
I'll get out quick...and this trade puts me back into PTD stat...ugh
EDIT: Sold it at 51.20....nervous nelly in JDST....will just watch for a bit but I don't like golds 15/30/1hr, looks like a plateau
Back in JNUG at 15.50, feel a little chasey here but I wanted a position for the 19-20 range and we could get it this week.
I exited at 15.10 yesterday, let it run to 16, it came back to 15.80ish yesterday. Today it ran to 16.10ish on the open and has fallen back a little and cooled. Still think my re-entry is early...If I sell this one I'm back in PDT status...time to walk away for a bit. But I still don't like gold's plateau on the charts. A pause? Maybe. But gold has shown that it can smoke you at any time. We will see
Didnt want to, but...
Sold JNUG 15.50 for 15.92. Flat.
Dont like the plateau i see in gc chart, have a hard fime believing BOJ will not step in overnight...just unsettled.
Put me back into pattern day trader status. Im just going to have to be a big boy without protection and not overtrade myself into crazytown.
I havent relooked hard at it yet but gc 1360ish is on my mind...many fails here. Is this the time gc breaks thru? IDK. But it makes me unsettled and capital preservation is job one.
Yamana getting its ass handed to it in am after reporting....down to 3.27/3.28 after closing at 3.45 per....almost a 5% hit.
JNUG goes out with 15.91/15.97 after closing at 15.91
on to tomorrow. gametime decision in the morning
that was interesting action overnight. feel fortunate to get my JNUG position back for 16.20 in early premarket. today is the test of resistance it looks like. Gold should be north of 1400 with usd/jpy hitting 105mids...do we get it? IDK but this is a critical trading day imo. GLTA
played with a little position to get my feet wet since its the first time using margin in a long while, dont like it....but, JNUG 15.96 buy and 16.12 sell....lowered today's nonmargin position to 16.14 all in and will stand pat here waiting on the open
EDIT: GC seems to be paying attention to usd/jpy again, watching 1 min ticks GC/usdjpy/$
EDIT: Took my Rx on that trade, dont like USD and USD/JPY action....looks like the algo was flipped on to get a GC USD/JPY correlation going again, just in time for a smash.....Sold JNUG at 15.71, ouch. Hurts now but may be alot worse on the open and beyond...watching right now, flat.
maybe my tinfoil hat is on a little too tight this morning, but....
all the sudden that damn gold usd/jpy correlation is starting to work again....could be a test run by the monkeys to make sure the algo is happy and smash bam boom goes gold down and usdjpy up
I'm back in JNUG at 15.25 on the open but i'm nervous as hell and watching that usd/jpy chart tick for tick...that thing starts to schwing and i am out....
last friday part duex
watched all morning, had to go run an errand. seems as soon as i got busy JNUG filled its diaper. this thing is like a kid, has to be watched the entire time...no errands, no naps, no other.....down ugly. something about mueller??? WTFK's. I'm in it at 15.25 so will hold here at 14low. have some cushion in the account, didnt want to use it this quick. didnt want to hold over the weekend either but looks like thats what i'm doing.
at least gold got it out of its system. upward resumes next week.
what sux is my heckles were up....oh well.
have a good weekend all
Just a bagholder right now. Not worked up about it tho, but am disappointed in myself for not listening to the sound of the wind when i heard it...
Longer perspective says be disciplined so thats what im doing.
I have more shares now than my first trade (6% more) so thats a win. Share count is much more important than price with the long perspective.
Nice to see a morning pop in both GC and SI. Still in JNUG 15.25
Discovered tradingview.com this morning....would strongly suggest it. Easy to use. A little delay but I can live with it for right now until I figure out TD charting.
The Scottrade to TDAmeritrade swap isn't going so well for me. I miss my stock streamer and charting ability. The TD site seems clumsy, but I always have a steep learning curve with new sites. The trading page seems easier but havent used it yet and wont for a bit more.
JNUG premarket 14.06
I'm hoping the worst is behind us. That was a rough week. Getting traction the next 2 weeks is very important. A fail of 1300's land and I get nervous.
Daily GC: 53 RSI, slow stoch's in upward with room to go, middle of BB.....i like. ANother test of 1360's land soon I hope.
Ronnie Fattal is about as bearish on gold/silver as I have ever seen him....youtube his video from this saturday. Wow...
I should have liquidated before 7 tonight but got busy....have written 5 reports the last 6 days and with being locked out of trading with the scotrade/td deal, its just been good to avoid gritting teeth.
didn't know the calendar is so full.
i may just sell in the premarket and wait it out. it's alot of risk to wade thur. I won't be able to get back in until wed if i do with the dtbp calcs. i'm not sure if my pdt stat transfered over or not. i'm still trying to get used ot the new site, dont like TD at all.
the miners seemed to hold their own today, which is what ive been looking for.
honestly tho, the EW guys have me a little gunshy.
i'll prolly take my $1 ish per share loss tmrw early and wait it out. FOMO is a big deal...have to control that....sell at 14 and get back in at 13/12....or sell at 14 and watch it run to 17....hmmmmm
I don't me to sound crass, but is that all they got?
Consumer confidence in 30 mins...Gold lost a little, but I'd say this looks pretty decent considering where it couldve been. If we can avoid a waterfall on consumer confidence I'd say up from here.
EW still making me pause
Still in my JNUG at 15.25
Welp....last nights inclination was correct. Ugly day. But I'm still in. Gold is down 1% today. Meh. If the EW guys are right thats small and JDST will make it up on the downside. If other inputs are correct, it's a small bump in the road to higher prices. Either way, we should find out soon enough.
It sure looks like gold is not reacting to usd/jpy. 106mids from 107 mid-low and gold dznt move. Usd up .20
Marked your homework, innit.
Tried to be discerning but it's "late".
Does keep you honest though...?
Anyhoo, bigups for the thread!
(May have started at the end, lolz.)
(Yup, looks like a cuck!)
Cunts broke my $Gold chart...
(Actually, ALL MY CHARTS!!!)
EVEN FURTHER EDIT:
They cucked so hard we heard it in England btw...
Anyhoo, sweet dreams!
(Sun, sand and... beach balls, lolz.)