The Miners Trading System

Today DUST was left n the dust with a 6+% loss. The signal for tonight remains long DUST, how ever the 3% stop-loss should be considered as t is part of the system.

For system 1 entries, the stop-loss which would be executed at the open, is $40.62.

System 2 entreis have a stop loss of $40.87, the close was $40.65 so System 2 entries would (by the system rules) stop out on the open tomorrow and the trade would reman neutral or in cash. You may want to consider looking at what the open looks like it will be, if there's improvement and DUST will open higher, you might consider not stopping out on the open, but rather leaving to stop as an intraday stop.

I know from emails, many of you want to know what DUST looks like on the 3C charts. I'll compare GDX which is the equivalent of being long NUGT, to NUGT, to DUST for confirmation. For confirmation GDX and NUGT should give the same signals and DUST should give the exact opposite signal.


Hourly charts

 DUST positive

 GDX Negative

 NUGT Negative

15 min charts

 DUST positive

 GDX negative

 NUGT negative

1 Min Charts

 DUST positive

 GDX negative

NUGT negative