MattArmstrong

Silver - Short Idea

Short
FOREXCOM:XAGUSD   Silver / U.S. Dollar
Silver has had quite the run up as of late, I am seeing a shooting star on the weekly. I will be looking for an entry to the downside but, As with precious metals....I'm a perpetual Bull. Silver has broken a 200EMA on the wekly....notable indeed. I meant to post this to my idea yesterday...but, I've reloacted to Costa Rica from Canada and well, had to go surfing and enjoy the hundreds of other things people do on Sundays around here. Pura Vida Plata! 1% Risk 2:1 RR -Happy Trading!
Comment:
Silver is doing as expected.
Comment:
Moving toward our target for more upside potential.
Trade active:
and we are off. hit that beautiful fib area and is now reacting strongly to the upside. I am in several precious metals in various ways.

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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