tag:blogger.com,1999:blog-2643613788950912206.post9116324070405958643..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: Buy DUST @ $35.19John Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2643613788950912206.post-33739605196680594932012-01-11T10:53:47.152-06:002012-01-11T10:53:47.152-06:00Greg - yes, i sold near the open as i could not ba...Greg - yes, i sold near the open as i could not babysit the trade and teach my class. But fwiw, DUST is close to giving a real nice BUY signal on the TSI (7,4) 4 hour chart. So I may jump back in.<br /><br />I reasoning, at the time, to anticipate a left translated cycle, was that if this second 4 hour cycle is left translated then odds would be good that the entire daily cycle would turn out to be both left translated and failed - leading to new lows for gold.<br /><br />My reasoning was OK, but at this time I do not think that is how this will play out. ie I have changed my mind. <br /><br />ANON - I don not know what software/platform you have available during the off hours, but if ThinkorSwim, Gold is /GC and Silver is /SI.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-28847504361508661272012-01-11T10:18:08.407-06:002012-01-11T10:18:08.407-06:00John, I'm looking for a symbol I can enter in ...John, I'm looking for a symbol I can enter in my streamer quotes to watch real time ticks on gold and silver. Can you suggest any? Thanks and appreciate your work and effort you put into your blog.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-4375598333567998382012-01-11T09:06:23.354-06:002012-01-11T09:06:23.354-06:00Gold hit 1648 during the overnight trading. Howev...Gold hit 1648 during the overnight trading. However, silver did not make a new high. Have you closed the trade yet?<br /><br />What led you to the conclusion that the current 4 hr cycle will be left translated?Greghttps://www.blogger.com/profile/00982362140769166877noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-80601083021795780562012-01-10T19:38:33.663-06:002012-01-10T19:38:33.663-06:00Greg - I have us currently on bar 11 of the second...Greg - I have us currently on bar 11 of the second four hour cycle of this daily cycle begun December 29.<br /><br />If gold can make it up through $1645 it could be a whole new ballgame and I would almost certainly sell my DUST position at a loss. <br /><br />It's impossible to be right all the time and we have to take it a step at a time. <br /><br />Also, silver is looking incredibly strong and if it gets up through about $30.50 it could run to near $38 very quickly. $29.85 at the moment.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-92164809660294524782012-01-10T15:01:08.583-06:002012-01-10T15:01:08.583-06:00gold miner:I think U are right on the money again ...gold miner:I think U are right on the money again John.I sold my NUGT which i bought yesterday and took 300 sh of DUST again today.I feel the year of the DRAGON has already began.GOOD LUCK TO EVERYBODY.THE WINNER TAKES IT ALL if there will be some left by the end of the year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-73923802088005024192012-01-10T14:49:45.710-06:002012-01-10T14:49:45.710-06:00Great call!
Do you have the 40 bar 4 hr low as oc...Great call!<br /><br />Do you have the 40 bar 4 hr low as occurring on Jan 8 on the 9pm bar, with a low of 1605.7? That would have us on bar 10 on the new cycle.<br /><br />Or, you could put the low on the bar that occurred on 1/5 with a low of 1597.7, which would have on bar 20 of the new cycle.Greghttps://www.blogger.com/profile/00982362140769166877noreply@blogger.com