DislikedYep, can see that for some quick scalps.
I like to go with the trends ...Ignored
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DislikedNice wednesday and thursday we saw in silver (and gold...). Price shooting up that much is almost scary. I think it's going to continue upwards even if not with that much speed. We'll see, but I get the feeling we are getting a good trend upwards here now, especially since it almost broke the weekly fractal today already .. shouldn't be too long until a buy signal occurs there as well.
@hell: I only trade dailies .. like to catch the entire price movements of some weeks.Ignored
DislikedAnd a good week you had, congrats!
Question: looking at your chart this looks like a perfect double top. Is that so? On my chart price overshot by about 0.1 dollar, and as I'm a perfectionist I do not consider that a double topIgnored
DislikedI honestly have to tell you that I don't care about double tops, dojis, hammers, descending triangles or all the stuff of pure technical anaylsis. I look at it from the wave perspective. And they are telling me that this is going higher. So, I just ignore what would be a double top and stay longIgnored
DislikedNot so miserable after all. On my chart it didn't close as a div bar, pinbar, hanging man or whatever you want to call it. After being down a little today we're already back at the pricelevel of yesterday's close. However, I believe we might see a retrace pretty soon. I hope not too far down so the uptrend stays intact for moves higher than what we're seeing now.Ignored
DislikedHell7, my stop is now at 15,9 .. giving it some room to move and securing profits, but I'll still exit as soon as price closes below green line as indicated above.Ignored