FX:XAGUSD Silver/U.S. Dollar
12 days ago
I am long from 16.50. I DO NOT think prices have bottomed yet.
7 days ago
Comment: Setting up to his the 17 handle on Monday
7 days ago
Comment: First layer hit. (I think this is more likely to be a bear market rally, so be aware.)
4 days ago
Comment: No interest in trading in and out of this. I am adding to my position this week. Smells like an explosive rally is coming.
a day ago
Comment: I added on Friday at 16.35
@Lanmar, Love your work, keep it up man.
@PKA, Thanks a lot. Much appreciated
Good question. It was invalidated for me yesterday in the late afternoon when it was trading at 16.60. I have no intentions on buying in any intraday timeframe atm. Reason being, the intraday risk is no longer sensible. Very easy to get stopped out at this point and price reverse higher. For example - you go long at 16.30, where will you place your stop? Under the low of last week? 15.90 - 16.00? Why do that if that would be a good entry on the daily? So the only risk that makes sense is a wider stop (daily+) or just wait for improved price action.
@Lanmar, thanks so much for replying you are really helping me learn and are the most accurate market predictor ! :) great work man
@Ranothil, Thank you! Glad I could help you on this wild endeavour!