x3rs of the pm

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Tue, Oct 1, 2019 - 7:55pm
HappyNow
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Nice!

Good to see $17.30 today. 30 cents is a decent trade, but I have $17.50 on my mind as reward for timing the bottom well. No, the timing wasn’t on purpose, I have to pick targets and spend my time in meetings but it worked out better than usual, and I think $17.45-17.55 makes good sense.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Wed, Oct 2, 2019 - 9:38am
HappyNow
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Silver of $17.50 seen and met

Silver of $17.50 seen and met.

Tranche sold. Thanks.

Still net long and looking for $18 plus.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Thu, Oct 24, 2019 - 7:34pm
HappyNow
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Killing time doing

The $17.40 to $17.70 scalps while waiting for $18.00. Nice to see $17.80, made a better than usual scalp, now just need a little more oomph to $18. Come to Papa!

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Fri, Oct 25, 2019 - 8:08am
HappyNow
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Well I guess I should have asked sooner

Nice to wake up to Ag on the plus side of $18.00

If it stays there until the trading window opens then will take some good profit today and contemplate short.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Fri, Oct 25, 2019 - 5:24pm
HappyNow
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Pfffft

Let me tell ya how that worked out. Had some minor surgery scheduled at market open and took my best guess on sell price for the long and then the corresponding short entry.

Missed by about 2 cents. By the time I was out of surgery the price had fallen from $18.30 to $18.20, and I was not in good shape to be making decisions.

bummer, would have been able to cash in on the short as well today.

Ah but it's the weekend. And I've got the surgery behind me. I think we get another bump up so I can get my price.

For anyone trading silver, it's traditional that as the end of year approaches the price moves down. Of course it doesn't happen every year, that would be too easy. Right???!

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Thu, Oct 31, 2019 - 10:07am
HappyNow
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Ok, over $18 again

This week was hard on my trading mind. Having predicted correctly, and bought positions then not being able to transact when the shining moment came just sucked. I missed out on a cycle down and up as well.

Hard to sit and think what to do...getting out of step with the dance and having to find the rhythm and get my bearings.

All while being heavily long.

Made me reluctant to go further long yesterday on that dip to $17.60ish, and I didn't as I'm cautious, had I been less long I might have.

Looks like I got it right about going back over $18 again though. Exited a tranche at Ag=$18.10

Still long but may also get short some depending how the day goes, time and price.

Lost out on a pretty trade, but sometimes life just gets in the way hahaha.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Tue, Nov 5, 2019 - 11:02am
HappyNow
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I have this note in my

I have this note in my Calendar:

November is seldom a good month for metals.

So I bought a short tranche yesterday with price still above $18.

Sold it today around $17.65.

So far, so good. But I'm still net long! Volume is low and I think we see $18+ again before it all goes to heck, so....

Increased long position at Ag=$17.65

The ice is thin so here's to skating fast.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Tue, Nov 5, 2019 - 12:54pm
HappyNow
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Couldn’t resist

Went all in with my last tranche at Ag=$17.53. Will exit this tranche today for any kind of gain I can get.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Tue, Nov 5, 2019 - 4:04pm
HappyNow
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And I did

Exit that tranche, at Ag=$17.63. Same day I bought it. Whee, 10 cents. Never mind, it's a discipline thing.

PS where is the volume on the move we had today?

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Thu, Nov 7, 2019 - 10:36am
HappyNow
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Trade

Some serious damage to the silver chart.
Bought a long tranche at Ag=$17.39

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Mon, Dec 23, 2019 - 11:58pm HappyNow
HappyNow
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Didn’t pay enough attention to the me of 2018

HappyNow wrote:

I have this note in my Calendar:

November is seldom a good month for metals.

lol, now there's a note I need to highlite. Dropped from $18 to $16.50 in the first two weeks.

Getting wrong-footed due a tiny moment in time (about 2 hrs while in surgery and recovery) on Oct 25, I got all jammed up on the wrong side of the trade. Have held all my long positions while silver dropped, what, another buck since my last buy on Nov 7. It's been hard watching good volatile plays for the past few weeks, but that happens. Looks like I will soon be trading again.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Tue, Dec 24, 2019 - 11:51am
HappyNow
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I guess 'soon' means today.

I guess 'soon' means today. Sold a long tranche at Ag=$17.76.

Jingle all the way ;)

Ho ho ho and Merry Christmas to all.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Tue, Dec 24, 2019 - 4:31pm
Gecclort
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Goo - Smile More in 2020

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Fri, Jan 3, 2020 - 8:30pm
HappyNow
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Lightened up a little more

Sold more of the long at Ag=$18.19. I think there's more upside for sure but also volatility must come in to play after the pattern of the last few days.

Going on a vacation and won't always have internet. May or may not get trades and may or may not post 'em.

Here is something for those of you trading the 2X or 3X ETF....

The Silver 2X ETF has recovered in price but....the price today, at Ag = $18.19 is the price it was 2 months ago at....Ag = $17.83. It has lost the equivalent of 36 cents of Silver!

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Tue, Jan 7, 2020 - 2:35pm
HappyNow
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Today

Sold another long tranche at Ag=$16.39

One left.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Wed, Jan 8, 2020 - 1:58pm
HappyNow
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Took a silver short this am

Because it looks like Trump and the Ayatollah understand each other, and the dance, so risk will price out.

Short tranche from Ag=$18.35. This was meant to be a same day play. On holidays and the beach was calling. Guessed at where it would fall to and set my limit. So far it came within a penny of that, let's see if I get that or settle for a little less profit.

At the beach bar, free wifi and all.

Edit. On review of today's chart, I may aim for a little more profit and increase the limit price. Drink, please.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Wed, Jan 8, 2020 - 3:54pm
HappyNow
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In the end had to settle for

In the end had to settle for a penny less.

$18.35->$18.08 is a nice ride in a day.

Still have that long tranche. Let's see what tomorrow brings!

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Tue, Jan 21, 2020 - 8:46pm
HappyNow
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Give me a sign!

I know it doesn't happen that way.

Trades have been small value as I'm not wanting to stay overnight in this time.

Still have the long tranche as I think that's more likely than an extended dip. More likely but far from sure. Have done a few opportunistic long/short trades to take advantage of the volatility, small gains but gains. Haven't posted them because I can't justify the time when they have no meaning other than same day or next day volatility.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Thu, Jan 23, 2020 - 1:26pm
tonym9
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so i climbed from under my rock

Hello all.

Wow. Y'all kept the board alive. I logged in a few weeks ago to turdville, first time in a year and a half ish. TOTALLY shut out gold, the market, anything prep related the last 1.5 ish. Needed a break. I focused on building my inspection biz, selling our houston home and moving, getting my last thru HS and into college. Started watching the market then too. I even parted with quite a bit of precious metal of the Ford kind...down to 1 and it's currently being finished by a friend in his shop. Went on a eliminate distractions trip and cleaned up so to speak.

2 days ago bought JDST at 10.05 and sold it this morning at 10.21 for a tiny scalp. Back in JDST at 10.06 right now. Small positions, won't be manically daytrading as I was.

I haven't paid up to TF on purpose. I'm trying to keep my mind clear. Reading very little of anyone. Simply looking at charts. Avoiding all other inputs.

So i'll revive the daily quotes I used to do. Hopefully it helps someone, but for me it's simply an easy way to track ratios and look for opportunity.

As always, post up your trades and any thoughts you may wish to share about them.

Remember if you're messing with the x3 funds they are not pillows...don't sleep with them at night for long term.

"No! Try not. Do, or do not. There is no try." -Yoda Levitation will levitate until levitation doesn't levitate. Rates be the key matey.
Thu, Jan 23, 2020 - 1:31pm
tonym9
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Current quotes, 1/23/2020

Current quotes, 1/23/2020 1230 pm cst:

GOLD: 1565.40

SILVER: 17.76

USD/JPY: 109.393

DXY: 97.721

GDXJ: 41.32

GDX: 28.82

JDST: 10.20

JNUG: 76.45

DUST: 5.81

NUGT: 32.65

HUI: 233.3014

"No! Try not. Do, or do not. There is no try." -Yoda Levitation will levitate until levitation doesn't levitate. Rates be the key matey.