Scaling Into DUST

    Posted by josephroth on 11th of Mar 2016 at 09:57 am

    Am I crazy? GDX and other miners looking divergent on nearly all timeframes, near upper bollinger or above it, overbought in timeframes up to 30 min, 30 very close.

    Feedback is welcome, my first position is at 3.34. Apologize if it's frowned upon to post entry prices I figured I'd just be as transparent as possible.

    Joseph..DUST provided an objective entry

    Posted by steve on 11th of Mar 2016 at 10:26 am

    Joseph..DUST provided an objective entry on the move lower (divergent) on the 15 minute chart (at least for a trade).  

    Took some off when GDX

    Posted by josephroth on 14th of Mar 2016 at 11:52 am

    Took some off when GDX hit its 9 day MA, took a bit more on its way to the 20MA and will likely go flat if and when it gets there. Thanks for the comments.

    Scaled into DUST earlier in week and today

    Posted by wbarclay on 11th of Mar 2016 at 10:24 am

    I bought some on Friday/Monday/Tuesday and some more today.  I'm done since at this time I have as much as I'd like to buy.  Average trade is green so far, but I won't hold too long - we'll see, but today's action will be very telling in my opinion.

    I got a little yesterday

    Posted by lsherrer on 11th of Mar 2016 at 10:19 am

    I got a little yesterday at 3.44. I think we're OK.

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