977 replies to this topic

[Russ]

[stockchart]https://stockcharts....id=p63139357898

 

 

Got the GDX A/D like link at least,

 

Senor

Another view using the volume version of that, the cci peaked first and then price later in the past example... https://stockcharts....id=p94830260175

[Smithy]

Anyone ever heard of this broker... Palm International based in Hong Kong but also registered in UK they say.  https://www.palmuk.com/   I want to open an account but they want my passport number and other personal details, I have contacted the National Futures Association to get verification they are real.  I have seen done demo trading on their platform getting one of their analyst's signals from another person,  the guy seems to be very good. 

 

Russ, a friend of mine lost of lot of money when a UK broker simply disappeared overnight.

[Russ]

 

Anyone ever heard of this broker... Palm International based in Hong Kong but also registered in UK they say.  https://www.palmuk.com/   I want to open an account but they want my passport number and other personal details, I have contacted the National Futures Association to get verification they are real.  I have seen done demo trading on their platform getting one of their analyst's signals from another person,  the guy seems to be very good. 

 

Russ, a friend of mine lost of lot of money when a UK broker simply disappeared overnight.

 

Thanks Smithy , I can't find the  broker using a google or duckgogo but their trading platform is fairly complex. The guy won't give the signals out unless you open an account.  I saw him making 10,000 dollars profit in 5 minutes several times trading 5 units of bitcoin. I have a demo account and saw this happen in real time. 

[linrom1]

The volume on GDX is amazing, yet disconcerting: its backwards. The longer the correction in the gold sector, the more bulls pile on. It's a version of progressive betting strategy used by gamblers especially in blackjack. The lower GDX goes, the more you buy because its bound to go up some day?

 

The guy I respect from Volume Dynamics calls GDX miners garbage? I don't know!

[Russ]

The volume on GDX is amazing, yet disconcerting: its backwards. The longer the correction in the gold sector, the more bulls pile on. It's a version of progressive betting strategy used by gamblers especially in blackjack. The lower GDX goes, the more you buy because its bound to go up some day?

 

The guy I respect from Volume Dynamics calls GDX miners garbage? I don't know!

The fact that XAU diverged with gold on Nov. 12 after making it's low in Oct is positive divergence,  I don't see how you can say that is a negative thing. 

[linrom1]

 

The volume on GDX is amazing, yet disconcerting: its backwards. The longer the correction in the gold sector, the more bulls pile on. It's a version of progressive betting strategy used by gamblers especially in blackjack. The lower GDX goes, the more you buy because its bound to go up some day?

 

The guy I respect from Volume Dynamics calls GDX miners garbage? I don't know!

The fact that XAU diverged with gold on Nov. 12 after making it's low in Oct is positive divergence,  I don't see how you can say that is a negative thing.

You are right, but there is going to be a market selloff, not because DOLLAR is going to zero, but because it's too high. This is going to affect miners too, but, SLV and GLD and such might not be affected that much and perhaps benefit? So I am going to stick mostly with SLV.

[gannman]

slv needs to take out 16.10 area imo to make a bullish case here fwiw

[gannman]

just to go over the count here gld did an A wave down into about oct 1

 

a B wave up into about nov 1 and is now in a c wave down which is close to completion

 

but HAS NOT completed yet . just my take 

[senorBS]

added some SLV pre-market at 15.8 FWIW and as always DYODD

 

Senor

[K Wave]

GDXJ looking better.....just need to hold this 2nd breach of the hourly 200 and we may be off to the races....