JesseL

JesseL Updated 

The HUI index is an excellent barometer of the rising and falling sentiment in the mining sector, that can be a key to the placing your trades at the most expeditious moments. Following the herd cam be a killer to your portfolio when everyone is on the same side of the trade and sentiment is unanimous about direction. It might be possible to ride a trend for a...

JesseL

It appears we are close to another tipping point in the DXY / Gold correlation. The dollar has finally broken below its intermediate cycle trend and is gathering steam in a capitulation draw down based in large part on the recent political turmoil. Last year the yearly cycle low occurred in early May. In the next few days we may see a cycle low in the dollar that...

JesseL Updated 

Gold may be in for a month of pain if this falls apart like it did November 2015.

JesseL Updated 

The result of today's French election will be revealed in a few hours, and we will soon see a market response that will be reflected in the direction of the current trendline in Silver. As the above chart shows, we are sitting at a breaking point in a falling channel, and we could either see a dramatic shift upward, or a continuation of the down trend. My best...

JesseL Updated 

How many times have you developed a well justified trading plan that you knew would be successful if you implemented it and stuck to your plan, only to have it killed in its tracks when emotions took over and you started to break the trading rules that you had set? I have been guilty of that transgression and it has cost me dearly at times, so I have decided...

JesseL Updated 

People have a tendency to ignore the big picture and focus on the day to day variations of the price of Gold. Technical charts in the short term are an excellent way for day traders to time their entry and exit points for their trades, but are totally useless for those people who are focused on long term investing. If you are one of those intermediate to long...

JesseL Updated 

For those of you who are inclined to believe that Friday was a pivotal point in the trend for JNUG that is comparable to the turnarounds on 1/22/2016 and 12/22/2016, I believe we may have another quick run up in price over the next few weeks. This seems to run contrary to the belief of many gold bears who think that gold will continue its current decline, but...

JesseL Updated 

Heikin-Ashi candlesticks are an effective way to identify trending periods and potential reversal points when used in conjunction with the 50 Period EMA. The resulting candlesticks filter out noise in an effort to better capture the trend, and are not used like normal candlesticks. Dozens of bullish or bearish reversal patterns consisting of 1-3 candlesticks...

JesseL

Pitchfork indicators can be a good way to isolate long term trends over an extended 12-18 month time frame. Additionally, you can use a pitchfork on a shorter term to give you a feel for price movement in a 4-6 week time frame. In combination, they can provide a good way to isolate a specific target price/date where you might expect to see a cycle top. Take a...

JesseL

Watch the EMA Ribbon to confirm the trend shifts from Bearish to Bullish. The weekly chart shows how the short term EMA's consistently remain above the long term EMA's in an up trending market. Expect a 2-3 year up trend to unfold, especially in a weak dollar environment.

JesseL Updated 

Entre Gold is my one and only speculative micro-cap miner that I discovered while reviewing annual reports and earnings conference calls for a small streaming company called Sandstorm (SAND). Sandstorm is a streaming company that was founded by Nolan Watson, who was an executive director for Silver Wheaton, and he was directly responsible for building SLW into a...

JesseL Updated 

In a bull market, price will spend long periods of time in overbought and very short periods of time in oversold, and short term trading is a sure way to wreck your portfolio. Trading too frequently on the indicators could leave you flatfooted and on the wrong side of a trade trying to make up for a loss. If you are believe that we are at the cusp of a bull...

JesseL Updated 

This is a graphic illustration of my trading models that are based on moving average trends and regression to the mean. It is a simplistic illustration on my mathematical models, but it shows how I highlight entry and exit points based on four key indicators. The Least Square Moving Average is my key sentiment indicator on the hourly chart. My daily model tracks...