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The Lunatic Fringe - Trading talk.

Zed

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Let me put it this way. They're not taking Gold down to $1820 then giving you a hammer to buy that day. Or the next.
I dunno... I just dunno... not sure what to expect going forward. Nothing much will surprise after 2020.
 

Strawboss

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Remember this chart from last week?

1599649824673.png
 

Voodoo

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Clearly we've seen some magical FED fairy dust in the typical 4am time frame today. Not surprising. Nothing says vaccine failure like a bounce.
 

dpong

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SILJ may have just completed a higher high and a higher low. [Maybe.]

[GDXJ made a lower high and a higher low for now.]


QTDuWn1q-1.png
 

Goldhedge

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That was quite the ride!

Screen Shot 2020-09-09 at 9.31.50 AM.png
 

dpong

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Zed

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TSLA! The dumb hasn't left the playground yet!
 

Cigarlover

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I was looking at zm last week around 380.. Looking at the chart I figured it needed to go back and fill the gap at around 350 so I put a buy order in at 350 GTC. They next day on the 4th it filled.. Then started running back up til tech got killed.. I held it though and today picked up 46 points. :). Just my play money account though. :laughing:

Anyone trade futures.. Those 5k silver contracts can blow up an account fast if your not careful.
 
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I'm going to guess, the markets either retest highs or lower highs and then all downhill from there. 9/11 seems to be fitting for a market top.
 

Zed

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The Tribe are +2.5% off the bat this AM, the broader market is up ~ 0.5% so we are all feeling better about life today!
 

Zed

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On a slow burn today, the Tribe are ticking up to just shy of 4% @ lunch.
 

Strawboss

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Anyone trade futures.. Those 5k silver contracts can blow up an account fast if your not careful.
It took me a couple of accounts to figure out how to trade silver.

Did I say couple? More like 4...

Silver is a demon. Especially in the futures market.

I use weekly and monthly charts now mostly for a reason...
 

dpong

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Gold and Silver catching a bid this morning. Miners are bid higher pre-market and are poised to open higher.
 

dpong

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After my recent experience with Tupperware, I look at this gold chart and go, man, does that look like a bullish pennant or what?

02nxjnbw.png
 

Goldhedge

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After my recent experience with Tupperware, I look at this gold chart and go, man, does that look like a bullish pennant or what?
is thise ticker GOLD as in ABX?
 

dpong

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Lancers32

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I can see Gold $100 either way here doesn't matter in the long run. So we get the old miner gap and crap today huh? 3 days up is all they can take.
 

Lancers32

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Maund top ticked this fucker today. Love this at 6.5 or a little higher. Gap and crap today. Saw Sprott bought some AG First Majestic announced today anyway. Stock was halted rallied when it reopened then shit the bed. Might be one to grab for the duration it has a good exposure to Silver.
How about a basket of CDE HL SILJ and AG for those who don't have the stomach for a lot of risk?
 

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Voodoo

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Zed

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The Tribe are giving back ~1.75% off the bat this AM. It will probably get worse into the close being Friday and all!
 

Zed

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Northman Trader, worthy of consideration most of the time...
 

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Voodoo

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That megaphone pattern has been clear as day for some time now. Scary potential but scarily obvious too. So many things scream a possible crash.
 

Cigarlover

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Maund top ticked this fucker today. Love this at 6.5 or a little higher. Gap and crap today. Saw Sprott bought some AG First Majestic announced today anyway. Stock was halted rallied when it reopened then shit the bed. Might be one to grab for the duration it has a good exposure to Silver.
How about a basket of CDE HL SILJ and AG for those who don't have the stomach for a lot of risk?
Those are exactly what I am buying and holding as a core position. Other cash can go to speculative from there.