Disliked{quote} if it breaks 115 tp is 122 at least , good power to break above weekly , etc. This is daily blue line {image}Ignored
- #13,743
- Aug 7, 2014 10:55pm Aug 7, 2014 10:55pm
- Joined Nov 2013 | Status: Only thing to change was the view. | 2,444 Posts
Que Sera
)- #13,745
- Aug 7, 2014 11:22pm Aug 7, 2014 11:22pm
{quote} could be seen as an industrial metal?
Although linked to Gold, the price movement oscillates between following Gold or instead following industrial trends.
Right now it's letting Gold run away from it. See the Gold/Silver Ratio.
- #13,746
- Aug 8, 2014 12:24am Aug 8, 2014 12:24am
- Joined Aug 2010 | Status: Noli Timere Messorem | 252 Posts
Itchy Spirit Return This Year:
na
- #13,747
- Aug 8, 2014 12:24am Aug 8, 2014 12:24am
- | Joined Aug 2012 | Status: Trader | 2,263 Posts
A 1 pip gain is better than a 1 pip loss.
- #13,748
- Aug 8, 2014 12:27am Aug 8, 2014 12:27am
- | Joined Aug 2012 | Status: Trader | 2,263 Posts
A 1 pip gain is better than a 1 pip loss.
- #13,749
- Aug 8, 2014 1:10am Aug 8, 2014 1:10am
- | Membership Revoked | Joined May 2014 | 1,289 Posts
Well , we have two senarios. For now it looks it will hit 1322 .. I dont have exit signal yet.
On weekly it already moved to yellow line TP no more room, But it can move to second blue line which is maximum 1330
if it will not reverse from there 1330 will be hitten for this week close price
On weekly it already moved to yellow line TP no more room, But it can move to second blue line which is maximum 1330
if it will not reverse from there 1330 will be hitten for this week close price
Neural Network Algorithm and Econophysics
- #13,754
- Aug 8, 2014 1:30am Aug 8, 2014 1:30am
- | Joined May 2014 | Status: Trader | 1,505 Posts
silver major bearish trendline just broke. may be a flse breake since the candle is not closed yet but this is a very good sign for european starts. Gold will get pulled even higher this week next week will be amazing for us 
i think the 1400+ is becoming more realistic by the minute
i think the 1400+ is becoming more realistic by the minute
- #13,755
- Aug 8, 2014 1:37am Aug 8, 2014 1:37am
- Joined Mar 2014 | Status: Trader | 1,062 Posts
My wave count is finally broken when there was a close above 1312 on the hourly... Now the alternate count means that this upsurge from 1280 to 1313-15 was an impulse wave cycle... I've tried shorting this a couple of times with very tight stops but have been stopped out each time...(there is now clear divergence..and as per elliottwave rules there seems to be a divergence between the 3rd and 5th wave tops...Hence the time is very near for a correction (no price action candles indicating a reversal so far) ; but I don't expect much downside anymore...
$2000 here we come....
Going to wait for a sharp correction which is long over due (NOT GOING TO SHORT) but will go long then...
That Bo guy is so far bang on the money....
- #13,759
- Aug 8, 2014 1:53am Aug 8, 2014 1:53am
- | Membership Revoked | Joined May 2014 | 1,289 Posts
Neural Network Algorithm and Econophysics
- #13,760
- Edited 2:31am Aug 8, 2014 2:01am | Edited 2:31am
- Joined Mar 2014 | Status: Trader | 1,062 Posts
{quote} Let me correct myself "from 1280-13xx? is an impulse wave cycle"... $2000 here we come....
The pinbar on the hourly...High probability reversal candle setup!
https://www.tradingview.com/v/9pZNtOqF/