iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,468 Blog Posts

Exodus Special: Fade Gold

I want all new members of Exodus to request live one on one demos and to attend my live chat sessions every Sunday. Very quickly, I am going to show you how to use the system to find trade ideas.

On the market grid page, where I have custom screens running, go to the lower left hand side to where it says “Overbought”. You will see this box.
Grid

Let’s click on NUGT. Since I always like to fade gold, at least in spirit, this is of great interest to me.

After clicking on NUGT, go ahead and view the OBOS tab. There you will find the overbought/sold algos running on NUGT, with thresholds and actual returns that the signals have achieved over the respective time periods.

As you can see here with the 6 mo algo, NUGT respects both the OS and the OB signals of Exodus, both displaying an impressive history of success.
12mos

And here is the 12 mo algo and track record. Needless to say, I am interested.
6mo

Now, go over to the industry page and look up gold. There are a few dozen gold stocks in it and click on “chart” to view the predictive oscillator (hybrid score) for the industry.
Gold

See how the Hybrid score has definitive ranges that have been respected over the past 12 months?

If I were to pursue this trade, I’d leg into a DUST position here or short NUGT, especially if it runs higher tomorrow. I’d close out this position, win, lose, or draw, inside of 10 trading days.

That’s just one small way how to use the software. I hope this helped explain the process a little, enough to convince you misers into investing in your business.

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14 comments

  1. mrprawn

    I shorted NUGT before the close. Options were crazy expensive.

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    • rigged game

      You just got your ass handed to you.

      NUGT has been in an uptrend for 2 months, and has been as high as 60 since the beginning of last year. It is in the process of moving to the upper end (14) of its 2-month trading range.

      If it were to make a half correction of its down move from 60, it would go to 35.

      I would not short NUGT with Bill Gates’ money.

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  2. YOU WILL KNOW ME BY THE TRAIL OF BLOOD
    YOU WILL KNOW ME BY THE TRAIL OF BLOOD

    gold is for losers

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  3. vale

    testing avatar…

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  4. ironbird

    That is exactly what was done to find $RGC. Have not bought the poor plebs version of a nice home entertainment system with surround sound yet. But Summer is coming and pathetic nerds worldwide will be spending Christ’s birthday watching a fucking movie, Star Wars. Buying the Exodus lead, tomorrow.

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    • ironbird

      Started with “Oversold”. Only difference. The Exodus is truly an awesome tool.

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  5. matt_bear

    Gold and silver stocks are for losers.

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  6. gapfiller

    Is the tool saying that NUGT has been oversold one time in the last six months, or that it has been oversold based on some sort of six-month increment one time in a particular timeframe?

    Is the tool really saying that there’s only been one OS instance and that it led to the crazy returns listed (e.g., that been days 3 and 5, it made a 14.5% move)?

    That’s not impossible by any means with a triple-levered gold mining ETF – just want to make sure I’m understanding what I’m seeing here.

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  7. Dr. Fly

    It’s saying nugt is overbought right now and those are the stats are previous signals over 6,12 months

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  8. duckkell

    Fly – with Noto buying TWTR here..any interest at these levels??

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  9. fryguy15

    worked like a charm last week

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  10. lplongo

    OK, long some DUST here. Target of 14+

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  11. jersey whale

    George Hearst would never fade the color

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