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Re: StockItOut post# 5330

Saturday, 07/07/2018 7:26:01 AM

Saturday, July 07, 2018 7:26:01 AM

Post# of 6140
Same here, been a while since I traded either one of these. But I did grab some JNUG finally the other day. Gold did put in a divergence followed by a bullish engulfing candle, so it might take a bounce here.

The daily chart is not one of a bullish nature just yet LOL


Not sure if I shared this info with you yet, (sorry if I have and don't remember. Turned 50 a year ago and getting forgetful LOL) but I used this strategy on this trade.

https://report.tradingstrategyguides.com/hubfs/Report%20RSI80-20TradingStrategy.pdf

With gold at a potential bounce point, I couldn't resist taking the trade with this set up in mind.



I did trade this one with a limit order knowing that if I got filled and got the trade alert on my phone, I was going to have an exact price to set the stop limit at. It is hard to work and trade etf's.

I did end up buying some shares at 46.99 on Friday for a quick flip hopefully. Didn't quite get the entry I had hoped for, but will see what happens.



Have a great week