I want to validate my hypothesis on the ETF USD with the FNGU model. Could you assist me in doing the QA? The S.L. Is between 5.5 and 6.5 I think just copy the FNGU daily or X then change the asset to USD 2x Semiconductors.
I know I know I know i shouldn't feed into this madness but I guess I caught the bug and its got a hold of me good. This Sideways Triangle #TA could eject down or go to the moon. No one can tell the future but this is a classic Technical Analysis Pattern. Watch out either way and be ready for some swings fellas. We got turbulence on this flight! -KD
I have been buying BOIL too early and selling it too soon and never really thought about playing both sides with KOLD until now. I plan to use one of my accounts to test out this hypothesis over the next couple of months until the recession hits or yields actually peak. I expect bond yields to have a pause the next two weeks. I plan to sell my TLT and TMF...
FNGD to go back down to $8.50 before target of $10.51 Nxt I'm expecting a little retracement back to $8.51 with buy limits set from 8.88 down to 8.51 Take Profits at $10.17 and $10.51 Expect to retrace again and coil up. People will be talking about bears taking over, but the Santa rally will cheer bulls up and give them hope... meanwhile we are playing both...
just bought hopefully towards the bottom of this over sold move and will be selling between 147-157.69 that should be a quick 20% build off of the 20% made on FNGD That may be my last trade. Possibly go into FNGD again at the top but may be looking for a VIX play to go off volitivity
Remember periods of contraction lead to periods of expansion. Periods of low volatility lead to periods of high volitility!
USGO Descending Triangle or Falling Wedge lets see a breakout to the upside boys! GLDG could also go up as well As the markets fall, people will retreat to safety in Bonds and Gold
Diamond hands unit! I posted a zoomed out version earlier but I don't think we will get back above 30s let along 50. My target is 15-20, $24 would make me happy and I'm not sure if I will even put take profits above. Maybe 1 small position at 27 and 29
This is a new position for me and I don't study Gold so you tell me lol
This is a new position for me and I don't study Gold so you tell me lol
@Tradersweekly @tradersweeklysignal check out this perspective on gold when you zoom out. Your case was bearish short term but on these two longer time frames it looks really bullish, don't you think? Let me know if my bull flags are inaccurate. Thanks Kyle
Link: www.tradingview.com your welcome! #WAGMI
This could be the all time low of TMF as with TLT that just hit $86 it looks like. If TLT hits my target of $124 conservatively TMF will it $19
TLT did not fall too far but my TMF position was recked from its $5.80 average. Word on the street is that a bunch of retail investors were buying TMF while TLT was in the 90s and 100s so now it is time to wait for the US to buy bonds because they won't be able to pay out this high of yeilds. Gold/Miners and Bonds are our savior right now until the recession...
Lets see if BTC respects the resistance and support channels here
Taking my first shot at trying to piece this whole cycle together. There has to be some method to this madness! The magic lines that confirm the past can reveal the future... at least support and resistance levels. Cheers! KD
Created these lines on the way up from the past couple years of resistance and support. Lets not loose this level!
I am currently long on GEO, but if this trend line breaks I will sell.