Dan

[Dan @Dan_Barrett_]

@sich8 What if this daily cycle is longer and we just completed 5 waves up to DCH on 28 Aug? We could be just starting wave c approaching the DCL in a right translated cycle. If so could be soon starting a new bullish second daily cycle of the IC..

[Dan @Dan_Barrett_]

@forexstophunter @tradingview When do we say it's has morphed into a bull flag?

[Dan @Dan_Barrett_]

@Mon4Kooyong What is ridiculous is the government devaluing currency then convincing people the should pay tax on their assets because the unit of measure has reduced!

[Dan @Dan_Barrett_]

@ThePivotKing 4545 rather than 5545

[Dan @Dan_Barrett_]

@BuyingMyFreedom Still looks like no man's land until it's makes a higher high or breaks down through rising support. I feel like it should go down so you're probably right!

[Dan @Dan_Barrett_]

@BuyingMyFreedom Why so binary in your decision? If you suspect an A-B-C decline but acknowledge the possibility that C won't happen, just have a 1/4 or 1/2 size trade on for B wave with trailing stop

[Dan @Dan_Barrett_]

@NorthstarCharts @garysavage1 Couldn't metal outperformanceto stocks also be due to stock market decline more than metals rise? I know in a rotation money needs to go somewhere but it could go elsewhere or there just be less around due to deleveraging. Not my expectation but possible...

[Dan @Dan_Barrett_]

@sich8 Fair enough. I'm happy to be wrong and don't solely trade on timing anyway. Enjoy the ride :)

[Dan @Dan_Barrett_]

@carleygarner @ScottTheCowGuy @CowGuyClose Interesting you used 2016 as the starting peak of current trend resistance. Wasn't oversold and was a small rally near the base. Zooming in prior to 2011 was more bullish. If we now get a pull back from here it would be more like the second peak rather than the top from 2011

[Dan @Dan_Barrett_]

@BuyingMyFreedom @tbones2013 Appreciate your posts. We're in timing range for silver daily cycle high. Hitting long term resistance. Could blow through but odds favour caution

[Dan @Dan_Barrett_]

@NorthstarCharts @KinesisMonetary Great perspective and we know it is very stretched and not a good entry point. But it hasn't broken down just yet. If this consolidation breaks to upside I'd still want to be in as who knows how irrational it can get. If it breaks down then definitely time to get out for a while

[Dan @Dan_Barrett_]

@TgMacro DXY smash

[Dan @Dan_Barrett_]

@great_martis livermore accumulation cylinder?

[Dan @Dan_Barrett_]

@GoldGrumpGranpa Great post thanks. Appreciate the openness in disclosing your journey through the past few months

[Dan @Dan_Barrett_]

@PetZimon @SilverSurfer_23 No idea of the top but I agree on following the price and see where we end up!

[Dan @Dan_Barrett_]

@BuyingMyFreedom Any three minutes now!

[Dan @Dan_Barrett_]

@SilverSurfer_23 Appreciate your analysis. Even if it doesn't turn out it's a possibility we should all be prepared for

[Dan @Dan_Barrett_]

@provinsliv @garysavage1 I agree it appears to be working recently. I think it is supported by other factors including the ethic and culture of the people. On a historical scale it hasn't been that way for very long and unfortunately I don't think it will endure

[Dan @Dan_Barrett_]

@PeterLBrandt @tomtor___ True until maybe it isn't one day. But the probability of inability to deliver has got be quite low still so probably not worth trading on