tag:blogger.com,1999:blog-2643613788950912206.post4830622453366741430..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: RSI Momentum and Money Flow for Gold and SilverJohn Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2643613788950912206.post-43275074862103698242010-12-29T20:59:28.721-06:002010-12-29T20:59:28.721-06:00Hi DEL - thanks for your question.
1384? That...Hi DEL - thanks for your question.<br /><br />1384? That's great! Sell at $1584, and you can really party. Give it about 3 more months.<br /><br />I don't trade FX, but did give USDCAD a peek on the ThinkorSwim platform. The USD is now going to crash and burn, so not sure that betting it goes up against the CAD is going to work. The TSI has been below ZERO on that pair for months now - clearly saying that there is no reason to be bullish - as best I can tell.<br /><br />Maybe look at buying some miners DEL?John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-34663097255947178152010-12-29T20:39:23.361-06:002010-12-29T20:39:23.361-06:00I agree and have had a long position since Dec 20 ...I agree and have had a long position since Dec 20 @ 1384. I think I will wait until next year before I add to it.<br />I am nervous about the big banks taking advantage of the low volume to bid down the price and cover their short positions.<br />I suspect they did it a couple of days ago but gld did not fail, it climbed back higher. I guess that is nice for the banks that took longs when the price was down for a few hours.<br />Do you do any studies of the USDCAD forex? I am looking at it and thinking CAD has never managed to stay at par for long, maybe I should go long here looking for 1.02 or so.DELhttps://www.blogger.com/profile/15757102594753616769noreply@blogger.com