Loading ...I’d Rather Be a Waffle than a Pancake
I have had no strong conviction either way regarding PM Miners lately.
I have been waffling afraid of being Flattened by the Fed
Yesterday scanning some old charts I settled on this one and went long HGU. whew what a day.
These Cycles thingys can be really helpful. Thanks to Surf and Norvast and Spock for opening my eyes
Also the Chartology …a perfect place for a bounce at the neckline Symmetry Rail
XGD ( The parent of the Canadian 2X PM Long HGU)
Some Traders swear by the indicators and will not enter a trade until for instance a TSI crossover.
Well I have seen this before many times…Mega moves !… and they are still waiting….maybe tomorrow fellas
🙂
Indictors can be helpful but in the end they are all just derivatives of the Price.
I think the long one is HGU, Fully.
Thanks North…..Almost had a heart attack…I had to check my account (LOL) …I know HGU is long but Thought I may have hit HGD…whew…Freudian slip ?
Hi Fully…
Also got into HGU @ 15.15…..Wave 3 is a wonder to behold!….
Thank you for bringing all of these excellent chartists together.
It’s a real treat to get all my chart porn in one place…LOL.?
Our buddy Matrix is not going to going to like that post Mister.
It’s a compelling chart. We’ll see tomorrow. I’m waiting for the cross. I have no conviction for anything at the moment, just the tape and momentum.
Every trading discipline has its pros and cons Tbone.
Momentum trading needs…… well…momentum.
Look at the Bottom in Jan 2016…same thing happened…Price took off well before a TSI cross and never looked back
TSI traders were left at the station ! Or at best chasing !
I found when I was using TSI primarily….. a while back …all these BIG moves were missed..
Yes both Up and Down. But in Gold I do way way better watching Chart patterns and Now Cycles to time entries.
Momentum indicators are secondary and primarily for divergences form me anyway
To each his own. There are no two traders exactly alike just as there are no two people exactly alike .
Feel free to pass this along
Best
Fully