Gold, Silver and Miners journal
- Thread starter actionzip54
- Start date
Not sure if your serious?!?!?
I'm actually starting to get annoyed with this trade for several reasons
1) it underperformed gold and the miners today. It should be outperforming the yellow metal during it's bull moves.
2) it is nearing my time stop of two to three days. I thought today it was going to get moving but still it's basically just sitting at my entry. This usually means it's no good for me. Of course, you never know what tomorrow brings.
Also re shorted dec. DX @ 80.455.
I threw in the towel too. The move was as you said weaker than gold and looked more like churning than moving up decisively. Metals may be setting up for failure. At this time I'm not sure of the direction. Silver breakout was from top of hinge on hourly (Futures). The hinge is not visible on SLV. Price retraced back to hinge and is bouncing in top of it. We shall have to see which way the hinge is going to resolve.
Gringo
Out of this @ BE for the day....
Something happened in Japan that's got the Yen jumping. Not going to sit on it overnight with the yen moving like that.
OUT of all 10 @ 1.04
Bot the ES @ 1695.25
Out @ 1691.50.
I'm back. I didn't make any trades after last thurs. as I decided to go kayaking as a way to take a break. Got a new kayak to boot. I was literally almost at a perfect breakeven last week I think I made $20 bucks total. So last week was 0% gained.