{quote} patience my friend.. keep calm and hope for a negative claims data (y) in the light of technicals however it should touch 1300 :/ all u need to do is survive the dip before it.. if there is one
- #15,324
- Aug 28, 2014 7:32am Aug 28, 2014 7:32am
- | Commercial User | Joined Oct 2012 | 3,968 Posts
Be careful here these guys are tricky…. Then again it could explode here who knows 
somethings better then nothing
Be careful here these guys are tricky…. Then again it could explode here who knows
a possible touch down to 88 89 on the way.. wont be a dramatic fall.. just sideways movement for the time being.. ill be looking to add longs there
some fireworks all hope destroyed ;(
- #15,337
- Aug 28, 2014 8:23am Aug 28, 2014 8:23am
Hi all,
Firstly, congrats to those who are making money today, that upside run in Silver was not only a great position to be on the long side, but also opened a fantastic short opportunity for those who timed it right. (I missed the run up as I was waiting for 19.3 today
)
Been away quite a bit due to family dramas rah rah etc etc. been doing the odd trade this week while we were in the tight range. I'm still not convinced the metals are done with downside based on the weekly charts..
See attached daily chart of the range I'm following. a break to the upside or downside will be seen with force. Beware, it is coming and PLEASE manage your positions accordingly. I had my first loss in a long time about a month ago, getting greedy and not following my own advice I was offering others. I will not make that mistake again If its green, lock it in with a SL @ BE, and have a clear TP region.
As for my positions, I'm currently short Silver from 19.83 (8 lots). Watching to see how 19.6 reacts, if we break below it, I will hold for a test of 19.3 and more than likely TP there.
Mitch
Firstly, congrats to those who are making money today, that upside run in Silver was not only a great position to be on the long side, but also opened a fantastic short opportunity for those who timed it right. (I missed the run up as I was waiting for 19.3 today
)Been away quite a bit due to family dramas rah rah etc etc. been doing the odd trade this week while we were in the tight range. I'm still not convinced the metals are done with downside based on the weekly charts..
See attached daily chart of the range I'm following. a break to the upside or downside will be seen with force. Beware, it is coming and PLEASE manage your positions accordingly. I had my first loss in a long time about a month ago, getting greedy and not following my own advice I was offering others. I will not make that mistake again
If its green, lock it in with a SL @ BE, and have a clear TP region.As for my positions, I'm currently short Silver from 19.83 (8 lots). Watching to see how 19.6 reacts, if we break below it, I will hold for a test of 19.3 and more than likely TP there.
Mitch
- #15,339
- Aug 28, 2014 8:37am Aug 28, 2014 8:37am
{quote} aaah market is boring now..i was waiting for some adventure
i guess the fireworks earlier today were all we are gonna get.. or wait.. is there more to follow
US just woke up remmber id like to see their share of the fireworks too 