Jump to content



Photo

Frustrating both Bulls and Bears alike, short term


  • Please log in to reply
56 replies to this topic

#51 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 16 August 2016 - 11:37 PM

Aug 17 2:00 PM FOMC Minutes...

 

This is too bad for me since there is a Full-moon-Lunar-Eclipse Beach Party invitation nearby

at that date and time. I'll miss her and her minutes or shall I go?

 

"Should I go or should I stay

Marrket you gotta let me know

It's always tease, tease, tease
You're happy when I'm on my knees
One day is fine and the next is black
So if you want me off your back
Well, come on and let me know
Should I stay or should I go?"

 

The Class 1982

 

A better looking chart, non eyes straining but practically the same as yesterday's

 


Edited by tria, 16 August 2016 - 11:41 PM.

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#52 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 16 August 2016 - 11:58 PM

I forgot to say GLD put/call ratio 3/1 yesterday and the futures OI has been decreasing recently,

all good  in preperation for the next up leg in 5-6 tds or sooner. We will see.


Edited by tria, 17 August 2016 - 12:00 AM.

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#53 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 17 August 2016 - 08:51 AM

Last 1/3rd of my short hedge was closed just now .

Sold DUST @ 5 36 for +16% gain.

Not that GDX may not fall further but prefer to be unhedged from now on

and looking forward to add on any further Gold, Silver weaknes.


Edited by tria, 17 August 2016 - 08:52 AM.

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#54 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 17 August 2016 - 11:12 AM

For  traders interested in correlations, to which I have learned the expensive way not to pay too much attention.

 

http://seekingalpha....l?source=email_

 

I


Edited by tria, 17 August 2016 - 11:14 AM.

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#55 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 17 August 2016 - 11:38 AM

Tomorrow may rebound a bit but this Friday and more likely next Thursday 8/25 shape up

as potential tradable lows.


In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#56 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 18 August 2016 - 09:39 AM

Yesterday we had VOLUME OFF THE TOP in HUI and XAU...

 

This party may be over or at least relocating to a new base South of here...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#57 dougie

dougie

    Member

  • Traders-Talk User
  • 9,061 posts

Posted 19 August 2016 - 08:55 PM

Think so too