tag:blogger.com,1999:blog-2643613788950912206.post6901991122773928597..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: True Strength Index (TSI) Breakouts - ETFsJohn Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2643613788950912206.post-6247313330521374172010-10-19T21:28:05.237-05:002010-10-19T21:28:05.237-05:00ItGoes - I was a day or so early, is all. Yes, e...ItGoes - I was a day or so early, is all. Yes, everything is going to continue rolling over for at least a week. Check out DTO +10% today!John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-60783631590154043482010-10-19T10:56:37.759-05:002010-10-19T10:56:37.759-05:00sorry to question, and im sure that my emotions ar...sorry to question, and im sure that my emotions are getting the best of me- but all the sam: you sure that this market is going to still role over?ItGoeshttps://www.blogger.com/profile/00856755523807661562noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-11443952671604747542010-10-18T21:28:11.089-05:002010-10-18T21:28:11.089-05:00It looks like it may have been too early to short ...It looks like it may have been too early to short the market yet!Funghttps://www.blogger.com/profile/02021422171993122484noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-88120540519993967872010-10-17T10:39:01.391-05:002010-10-17T10:39:01.391-05:00Rick - thanks for your comments and question. The...Rick - thanks for your comments and question. The chart on FNV.TO looks fine and you have a nice position with that one. It will make you more money next month if you continue to hold.<br /><br />TSI is very high and starting to roll over. MFI has developed a negative divergence (high, but not as high as it was a month ago. The stock has not yet given what, for me, would be a clear short term sell signal, but its close. Unless gold can continue higher rather immediately I would imagine this stock will be trading lower, not higher, this week.<br /><br />I will say this: once this stock gets above $35 it will go for quite a ride and quickly. This appears to me to be an excellent position to simply hang onto and enjoy what November will do for it!John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-5302705575161239712010-10-17T09:29:06.421-05:002010-10-17T09:29:06.421-05:00I like those "shorts". It is also a goo...I like those "shorts". It is also a good hedge for those reluctant to sell the PMs. I would appreciate yor thought on Franco Nevada (FNV.TO). <br /><br />It has been consolidating sideways for an eternity. Lately however it has been flirting with breaking up and out. TSI looks good. I'm not sure of MFI. Also, it is begining to show relative strength to GDX and another royalty company RGLD. OH and the kicker, it has warrants. One has a strick at 32 and matures March 2012.<br /><br />Desclosure - I have a modest position.Ricknoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-5242043741816819932010-10-16T11:12:08.688-05:002010-10-16T11:12:08.688-05:00Joe -- thanks for the compliment and the question...Joe -- thanks for the compliment and the question. <br /><br />Absolutely yes, I use the same indicator settings across all time frames - 1 minute to 1 week.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-89783158685534497362010-10-16T10:44:48.948-05:002010-10-16T10:44:48.948-05:00John,
Nice work here.
Your settings for the TSI ...John,<br /><br />Nice work here.<br /><br />Your settings for the TSI indicator of (7,4) and MFI indicator (10).<br /><br />Do you use the same settings across all time frames?<br /><br />Thanks<br /><br />JoeAnonymousnoreply@blogger.com