Time for a miners pullback

2 thg 5, 2016

Key level in US dollar here...


GDX: Limited upside until first resistance level.




Longing JDST here without planned stop loss...
Miners are pretty overstretched with JNUG +800% over 4 months.

9 thg 5, 2016

Ghi chú

Here goes... This is a multi month train, don't take profit too early :)

10 thg 5, 2016

Ghi chú

Took profit. $2.2



Small intra-day scalp, since gold looks to be bouncing any time soon.
Buy JDST again on dips in a few days.

12 thg 5, 2016

Ghi chú

Re-entered. 1.74.

19 thg 5, 2016

Ghi chú

Yellen is hawkish once again :) Hold this.... its a great winner

24 thg 5, 2016

Ghi chú

Testing breakout. 19.5 pre-mkt.

2 thg 6, 2016

Ghi chú

JDST consolidating for a higher price...


Weakness in gold still, within the wedge

2 thg 6, 2016

Ghi chú

GDX: (Consolidating too, but now it is below the support)

7 thg 6, 2016

Ghi chú

Wow. Rekt, that's a 40% drawdown off bad NFP data (38k vs 160k expected).
I'm still seeing topping signs in the gold mining sector, holding off some of the unrealized loss for a bit. Let's see how I can manage this trade with gold pulling back now.

7 thg 6, 2016

Ghi chú

Added 1k long on JDST, at pre-opening. 13.1 each.