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3 Bullish Charts for Gold Stocks


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#1 Russ

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Posted 08 April 2017 - 08:42 PM

 

 


Edited by Russ, 08 April 2017 - 08:47 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#2 AChartist

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Posted 08 April 2017 - 09:04 PM

I dont do much indicators just look at chart flow I noticed macd and pmo crossing above zero.

 

It is my high rising cycles working but also there is a short term cycle dip that doesnt to repeat in three weeks.

 

Lets see if next week is huge and then it might deserve a pullback. I just found a 100oz block stockdale stacker

 

I forgot I had, looked up the receipt it has $200 profit in it, so if it went to a $200 loss for a short time wouldnt matter

 

to me I even forgot I had it, that that would be a $4 crash in silver. Who cares there is a thing called trying too hard.

 

Ive been adding to gold stocks.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#3 AChartist

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Posted 08 April 2017 - 10:18 PM

I sold nugt calls on friday high tick but took small losses each week before on in the money calls about even now

for the month. Small trades just trying something. The brokerage gold stocks are coming back what i have been doing is

buying and selling other stocks so I can sell the other if the gold stock margin comes under pressure.

 

i am looking for a bigger long call trade in three weeks if that short drop cycle hits I hope next week is huge first it has the potential, but will want

some for next week too.

 

I will try to get some nugt long calls mon open for the week if it is not getting away early. I cant say for sure but if the higher rising cycle took

hold at any time would be like dear in the headlights it is a potential at any time. This cycle could to 1350 $gold at any time.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#4 Russ

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Posted 08 April 2017 - 11:54 PM

I sold nugt calls on friday high tick but took small losses each week before on in the money calls about even now

for the month. Small trades just trying something. The brokerage gold stocks are coming back what i have been doing is

buying and selling other stocks so I can sell the other if the gold stock margin comes under pressure.

 

i am looking for a bigger long call trade in three weeks if that short drop cycle hits I hope next week is huge first it has the potential, but will want

some for next week too.

 

I will try to get some nugt long calls mon open for the week if it is not getting away early. I cant say for sure but if the higher rising cycle took

hold at any time would be like dear in the headlights it is a potential at any time. This cycle could to 1350 $gold at any time.

Getting into individual options just ads more complication, buying Nugt or Dust works just fine for me, I guess you think you can make more money with options.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#5 AChartist

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Posted 09 April 2017 - 01:12 AM

Oh no just practicing with the options most of what I do is the stocks and etfs with margin and I intend to hold the stocks that I

buy for the 30 weeks outlook. The only one down much is AG and it is down alot on position size. So I'll try to hold the stocks and use options for the trading, nothing serious yet

because I think it is best to use options in three weeks dip. I bought the KLDX on Seniors note last week and added to RGLD is my best position now.

I was so darn close to selling covered calls on AG when I should have this is really the only mistake in the gold stocks right now I hope it will get right or I might have to do

more averaging down to get it right.

 

I was trying NUGT calls and they did ok with good profits at times but I didnt sell them right ending with

small losses the previous two weeks, until Friday I had a good gain that made it up. So I learned from this exercise to take the short term or

immediate profits when they come. Options are really only good for short term leverage if the conviction is there I will never put much money

down on them either.

 

I think the calls will be right in a dip in three weeks but I would like some on Monday just for next week if I can get in ok because there

is a good potential for next week. Then I think it dips in the 2nd to 3rd week so it really needs to do well next week for this dip to hold a 

good support level.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#6 AChartist

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Posted 09 April 2017 - 08:22 AM

Just noticed the dip in bradley from Apr 13 to 30 looks like the cycle dip I have possible in

 

weekly $gold cycle. Really need a good week here to get above some supports.

 

A new cliff high on G. Hunter, looking for a big problem in 3rd qtr, bradley has a turn date 

 

Sep 7 and before that June 22. That is about when my gold cycles are high when the Bradley is dropping hard.

 

Fall crash is related to gov/socialism not necessarily stocks.

 

 


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#7 AChartist

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Posted 09 April 2017 - 10:33 AM

bought this thing was so impressed bought two more for gifts for my girls.

maybe wont be worth anything just for a memento of the times.

they will take lower offer

 

 

http://www.ebay.com/...A0AAOSwzgRWz2Ac


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#8 senorBS

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Posted 10 April 2017 - 09:00 AM

I will be adding on weakness next few days if we get it, looking for modestly more downside then we've seen so far this morning, we see

 

Senor



#9 Russ

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Posted 11 April 2017 - 03:36 AM

I will be adding on weakness next few days if we get it, looking for modestly more downside then we've seen so far this morning, we see

 

Senor

Maybe, but so far it keeps going up and Gold is up again tonight, I am holding long Nugt, might get out later this week. bull.gif


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#10 Smithy

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Posted 11 April 2017 - 08:48 AM

Good call, Russ, well done.