TraderLarry

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Last visit Joined 3 years ago
Markets Allocation
100 % stocks
Top Mentioned Symbols
GDX 100% | 4
TraderLarry TraderLarry GDX, 5, Short , 2 years ago
GDX: GDX 5min, more downside cautiously expected
60 0 0
GDX, 5 Short
GDX 5min, more downside cautiously expected
I was a bit mystified by this recent 2 day run up, but technicals did suggest buying the low. The gold bugs came out making claims as always, and it "might" have worked. But as we have seen time and time again, when gold/gold miners go up and meet resistance, they drop. So many times that gold bugs have to ...
TraderLarry TraderLarry GDX, 60, 2 years ago
GDX: GDX 1h Fibs/Elliot + GLD/UUP
55 0 0
GDX, 60
GDX 1h Fibs/Elliot + GLD/UUP
Not trade-able at this level for me. So far, hugging the "magic line" 22.06, needs to breakout or breakdown, and since it has been "doing well" recently, thinking breakdown tomorrow. Will be eyeing DUST tomorrow morning; I have an initial buy set for 36.80 (DUST) if GDX decides to breakout (22.30+) tomorrow. No ...
TraderLarry TraderLarry GDX, 60, 3 years ago
GDX: GDX hourly cautionary upchannel line
103 2 0
GDX, 60
GDX hourly cautionary upchannel line
As GDX climbs higher with weakness in the dollar and gold trending higher, it looks to stick close to the "pink" upchannel line. Everyone seems to be buying the uptrend, in hopes of more of the same next week. I am cautious here as GDX has a history of meeting resistance and dropping, and NUGT seems to be played ...
TraderLarry TraderLarry GDX, 15, 3 years ago
GDX: GDX 15min Elliot/Fib with UUP/GLD overlay
111 0 1
GDX, 15
GDX 15min Elliot/Fib with UUP/GLD overlay
GDX continues to meet resistance and drop, look for uptrend to start around 20-22s, if not, could be a while before anything positive happens.
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