Goldtent TA Paradise

Matrix Daily Chart…Over $40.00 I am convinced of DUST

“Layers of DUST”

1. Matrix says:

   August 6, 2015 - 10:12 pm at 10:12 pm

   Mr EagleSeagle….notice the Tweakers has had one selling 1/2 their position (and reloading) while they rollover many times since the STD indicators suggested full positions as far back as May 20th @ $12.80 whats worth noting is that the STD MACD has yet to confirm a full exit of the original May 20th position as the STD TSI rolled over but the STD MACD has not (yet) Fri NFP data I’m sure will either confirm selling the last 1/2 short position OR it will suggest adding to the 1/2 short position being full short the sector once again.

   Those who trade any 3X ETF using the Tweaked indicators have done very well, lets see if Fri close suggests those that have held a 1/2 position short the miners was in fact the correct trade position. We who trade HGD.to the 2X ETF have the same set up as no confirmation to get long due to the STD MACD not turning (yet) holding onto gains from $10.50 closing today at $18.54

   CHEER$!

2. Spock says:

   August 7, 2015 - 12:54 am at 12:54 am

   Hi Matrix: Good call. I am using the 9 ema on DUST daily to justify keeping a short position in the miners. If DUST price is below the 9ema daily on a closing basis, then i will exit DUST and flip to NUGT, as the TSIs are already both aligned for the NUGT trade. Your thoughts?

3. Matrix says:

   August 7, 2015 - 10:23 am at 10:23 am

   Hello Spock, who cares what I think, seriously….apply your 9ema against the Tweakers and STD indicators and the chart history will give you the correct answer. So as I did just that its as accurate as the STD TSI which if I could only have 1 indicator that would be my go to leader. My son trades using only the STD TSI as he doesn’t have the time to watch every tic, does he nail the bottoms and tops, never, but he nails the bulk of the swing….yes during the year the Whip zone will pick your pocket a couple times but at the end of the year you’ll be many % points ahead and the point that we never highlight when only trading XYZ from the long side is that it keeps you on the sidelines during negative trends….how many long side only traders would love to have that type of protection….excellent Windsock indicator

   CHEER$!