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i prefer to sell with a very little profit than stay here another month, i lost one month in this, but the good thing is that i learn more with ETF than with regular stocks, and the $hit penny world.....if Wednesday the announcement is in GOLD and Miners favor and against DUST, well the miners chart will be more crazy than ever, they have for red days counting today and still far from the middle of the BB......
i'm really scare because i know that i won't be able to sell before wednesday 2pm announcement.....so still keep watching this for an eternity....and you are right VWAP is far 20 cents and power hour is coming
i agree with you, but IMO i think that now looks like little different.....but hey a lot of time when BB is tight stock goes lower looking for new deeps.....i think that dilution is not Redwood selling...before delisted from nasdaq i noted and posted here that the MM in charge for get every single diluted share was NDD, and in conclusion that days was that this NDD is the MM in charge for foreign trades.....and due that everything with ASTI touch Singapore, Victor's friends know what we don't know, they have now a product not like before they was trying to get it, they have now a lot of distributors, and they are expanding to Europe with the German distributor, i don't know but this can go wherever they want.....fore sure until dilution stop for a while this will not go up....
i'm praying here for a $2.50 before Wednesday, because if remain like this, oooh man.....i already hate gold, i don't even want a gold jewel.....LOL
i know that ASTI has been an epic dilution machine, but i know that you like charts.....what is chart telling you, i noted that this is the first time that ASTI hasn't been in an downtrend for a month, is trading in sideline or consolidating, and dilution machine VNDM are not let them go lower than $0.055, the bollinger band is very tight, MACD is rising like the beginner of a new uptrend; and MA 50 and 200 are close now, not like before that MA 200 was at 50 or 60 cents now have sense; they could be crossing in about 3 months.....dilution shouldn't last forever.....and latest news and event like new expansion and distribution, meeting at the white house, that's not bad news, i think that anything can happen, but maybe longs have a shot here...not me, i'm out at my average price when reach it.....
for a change miners are not following Gold price, and that is nice to watch....since 2:20pm miners GDX flat and gold up $4.....what should the meaning of that??? because is the first time since weeks
yes i'm watching, but $ is turning back a little and that help i think.....i hate when GDX bounce back with a single click....
are you scalping today??? i think that between dust and GDX, or any miners, there was some points to sclap like this last one....
http://seekingalpha.com/article/3967350-gold-miners-wealth-goes-die
that article agree every word Sgreg has said about the difference between gold and miners.....
$ is rising step by step, we may close about $2.20 today, and hopping for my "Happy F..ng Gap" on monday.....
hope that help DUST move up.....GDX far from their VWAP....hopping that the "rule" doesn't apply today
should be trading GDX like NEM, for example with a similar daily chart???
good morning, China keep gold flat i was expecting a nice morning, $ is close to 95 but gold remain equal.....does that lawsuit against NEM impact the price on miners in general??
Gold is trading crazy today but lets hope that big red candle resume his path to the ground, 9:15 yesterday was the trigger time for the dumping job
i'm watching the last one right now, i check the setting but nop overlay option but i'll do well watching and comparing, i'm good with numbers.....i think that $ can make that tiny W half formed in the daily chart and reach mid 95 and 96 in two days, and yes would be very nice wake up in the morning and see gold hitting low 1200...
we need a brake, all this past days has been very hard and painful, can't be down forever IMO.....
have a good night see you in the morning
thank you for the links my friend, my quotestream app show me realtime quotes of course and the VWAP too, but not in the chart like an overlay indicator, it is a number updating all the time so for now i need just to compare the numbers to confirm the movement...maybe i don't know how to explain it but i know what i'm saying.....
China began the night beautiful with a nice sell off but then bounced back and i didn't like, but i think they can drive this down to $1230 area and perhaps tomorrow another billionaire "someone" dump again like today.....
i will dream with that "happy gap" that everyone is waiting for.....i need my day and i need it tomorrow so i can sell, settled and ready for wednesday 27 action
it was to much ask for a second round of red candles on gold...grrrrrrrrrrrr...lets see if tonight the market drop a bomb in gold and price goes down.....miners trading too close of the upper BB line......we need a gap like the one on march 23, almost 40 cents up at opening bell that day, and run 35 cents up......
better dream than cry.....nice info about VWAP, that usually work???
it is possible that the "someone" guy who dump over 2 billion in gold today is the beginning of the correction in gold/miners???
GOLD ----> on your mark, Ready, GOOOOOO???
GOLD ----> NOU, not yet??? oh ok i'm ready
what we need right now is another beautiful red candle on gold like the one in the morning so i can raise my green flag...lol
this motherFkers buy miners no matter what, gold dump 20 bucks and they only go down a few cents, if gold go up 20 bucks, they will go up $5....what a F..krs
wow what a nice long red candle on gold right now...is really beautifull, lets see how down can fall today
ok good to know, there is a chance that this can see our buying prices again???
i was waiting for a good day due yesterday action, but apparently gold sentiment is extremely strong, and miners is beyond extremely i think....
so my numbers is lower than yours for far but don't have any more option than wait, and watch, maybe a very good lesson for me.....we could easy take new lows today and fucking GDX take new high.....
I will call this days in the future as the gold/miners madness
you will hold until this turn positive no matter how red you are???
zero negative impact on gold, last month i remember the jobless claims was lower than expected and gold dump quickly with a big reed candle.....please if wasn't in that way can you clarify me???
there is no light at the end of this tunnel, i was hopping that today will be the day for a nice green on dust and a very nice red day for miners....but not gonna happen...breaking $1264 as i'm writing now.....xucks
not yet, hopefully this will close at $2.15 and tomorrow the happy gap opening at $2.40 and yes i need a win for a change don';t you think....
by the way i was very close with my bounce back price for GDX that you don't told me nothing, i'm a rookie but i love math in every single way.....my math told me that a retracement price will be at $23.91 so i was pretty close for 9 cent.....hope the blood reach down here in florida...and then yes i will happy...
do you sold or still holding???
finallyyyyyyy i hope they don't make any fu...ing reversal
i want to see blood in GDX and every single miners grrrrrrrr......
http://www.cnbc.com/2016/04/20/trader-bets-on-big-plunge-for-the-miners.html
watch the video, i agree with that guy, besides i have no choice...Lol....and apparently is just starting.....
oh man, at noon i took a walk because is to much, i even got to run to the park and listen music....
there is other articles saying "Forget Gold; Buy Silver Mining ETFs Instead".... http://www.zacks.com/stock/news/214021/forget-gold-buy-silver-mining-etfs-instead?cid=CS-ZC-HL-214021
hahahaaha nice post.....there is a reason for what is happen today??? in what case gold follow dollar? and of course no need to say that miners follow a bee in the air, they are sticking to anything to justify IMO this uptrend above the previous uptrend without any correction.....this post of you clarify that perhaps even you don't know the answer..it goes up because goes up, period.....grrrrrrrrrrr.....oh man dollar is rising beautiful today and just today this fu..ers decide to follow it....in one of my calculation of fibonacci extension a $23.91 at a 38.2% over extended was one result, due that i'm a beginner i could be 100% wrong but if reach that point should be back after.....
if that happens i'm still losing money, $2.40 is under my average price....and will be crazy hold this $hit another weekend
i'm watching dollar tick by tick is rising a lot and today gold and miners decide to follow dollar.....in the afternoon when dollars begin to consolidate or correct their today price action, hey dollar is down now we can go more high.....like you say, no pattern work here....and if Yellen announce a speech to the next week, hey Yellen will talk next week, buy more buy more.....it is crazy, madness...F-$%^ing nonsense to me
so today gold is rising along with the dollar, it is unbelievable.....
that's one of the things i don't understand, why going vs dollar and with the dollar....why the difference??? or that was fake...
this little article is interesting:
thanks i will make a search.....i understand what you said is like the price in the spread between BID and ASK prices, for example in my purchase today i set a price for $1.86 and get filled at $1.8588, so that mean that in my case an institution sold me the shares...good to know...
thanks for the info and sorry if i'm bothering you...lets see what the F#$%$ happens tomorrow because is not nice the bloodbath i'm taking
I remember that Sgreg say that miners is not the same than GOLD itself, but i see most of the time going along, it is possible that miners never correct and all the gaps previous mentioned by Sgreg never get filled??? or they can go in different direction???
I don't have level 2 for now but i can see what Market trigger the trade, i don't know if i'm explaining well, for example NDD, ARCA, EDGX, NSD, etc...those are part of the list of retail/institutions/hedge-funds ???? if is the case pardon my ignorance ok and i will research more about it.....
I like you Scalp strategy, it is the safe way for trading i think...exciting for be there some day
like before waiting for $2.47 for get out and recover my investment at least.....and start over
thanks for all your replies
thanks for the PM i don't have level 2 yet so i can't know who is buying and selling, i use quotestream software that has level 2 feature but need to pay for it, in the near future, i'm paying now real time on every exchange that's it.....for you, based on who is buying and selling you tell me something about retails and institution, what could be the worst scenario because right now gold price is going up fast, oh man apparently i start with the wrong foot in the trading business, but need to get over it and move on, i don't surrender easily, i will continue....if you are still holdings is because you know that soon or later dust can recover some of they loses i think and even make decent money....
well that wasn't a sell, it was a buy, after the bell the buy volume doubled in GDX, was less buys than sells before the bell but now it is a lot of buy (52M vs 26M).....what is the meaning of that???
dollar above 94 and hey GDX already in the MOON looking for the next planet.....and gold is ignoring the USD now too, sometimes nothing here make sense
thanks.....Gold still going down $6 now from today high and GDX looking for new high if brake $22.45 because just broke 22.44 when i was writing, and yes we like that GDX follow gold when goes down, but when goes up is the #1 follower.....the other thing is that GDX has more selling volume like usual and still going more high.....when the pullback begin don't even imagine how hard will be
this kind of action that it is happening is usual in this way or this is the first time that everything look like a madness???.....if GDX correct for example to 17 some day what should be the price in DUST??? because i noted that when DUST go down will go dip down, but the recovery they does is not with the same proportion???? am i correct???
and like you said gold is down $5 form today high and miners looking for new highs in an unstoppable way
i bought again at $1.86 too, probably doesn't hold today but this is going to far, and again my only method and strategy i can use here is average down, right know i'm sitting at $2.47....again gold down 2 bucks, USD recovering a little and hey, GDX looking for new highs and of course DUST is underground already....
i can't PM and i need to answer you in a public reply.....i'm pretty mad but keeping calm because i realize that i need to learn to follow the market, i think time will help me with that and then i call that an experience....for now, i don't understand why is so bullish the sentiment in miners...for example this link tell me why i think is going on...(http://www.benzinga.com/news/16/04/7856737/streetsweepers-short-thesis-on-almaden-stock-is-fools-gold) .....this is my theory, the rookie theory, big money started to buy when only them know was the best time, chart was screaming buy (i like the bollinger band pattern, most of the time work), now they need to sell for a huge profits and get much more money and they promote miners and gold, because somebody need to buy it, and when the big money stay out who will going to maintain the PPS, no one, and probably big money will short miner after and you what is next.....again i'm a rookie i'm well aware of that, but the thing is happening lately in this sector doesn't have any sense for me, any logic at all...for example one hour ago gold was down almost 4 dollar, DUST trading side way.....i will wait until the reverse happens i will not sell know and lost almost 1k, because for that is money and i can't even average down.....but yes DOW and S&P need correction because is to high, but hey miner don't.....that is BS for me and is why they are saying in CNBC for example.....
maybe if i cross the street GOLD can follow me and go higher too, is every time a justification for the rise...i know that i'm new and probably a ignorant too, but there is no logic....OIL got bad news like two days ago and look where there are.....