FX:XAGUSD   Silver/U.S. Dollar
short term is a long if it can open above the 200EMA.

long term there is little holding it up and $12 then $8.44-9 if 12 breaks,

explanation: http://www.coinstreetnews.com/2015/09/silver-xagusd-sept-24-2015/
timwest PRO
a year ago
@djthistle01 - Here's what you wrote on your other advertising site:


Silver (XAGUSD): Sept 24 2015
Filed in Technical Analysis by admin on September 24, 2015 • 0 Comments
Click Chart to Enlarge
Click Chart to Enlarge




Silver had a nice pump going into the September FOMC meeting, then it went sideways and has since given up most of the gains. There is little to no fundamentals to hold up Silver right now too.



In the short term we can see the price is just a pinch under the 200EMA. If it can open above it then the chances of the price rising to at least the top of the wedge is high. A breakdown of the wedge is a great short.



The long term view has not changed….. the miners are getting hammered with no end in sight because, and there is no fundamentals/government news that can alter price at this moment in time. Without real bullish news the chances of seeing Silver at $12 and then $8.44-$9 increases dramatically. If the DOW and S&P are in a crash cycle/bear market then we are still only part way through the correction which means Silver can go down further too.



You can trade Silver on 1Broker.com with up to 20x leverage. Click the AD on this page to take the tour.





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LastBattle timwest
a year ago
lol 1broker, a complete bucketshop scam.
Sooner or later they'll just run with your money ;)
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IvanLabrie PRO IvanLabrie
a year ago
All BTC funded brokers are...
+1 Reply
LastBattle IvanLabrie
a year ago
Yes, its unregulated and makes prosecution difficult ...
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IvanLabrie PRO LastBattle
a year ago
But for some of us it's the only way, sadly.
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Geeesh, I open my eMail and see the responses and for like 3seconds I thought you guys were commenting on the chart. Oh come on!, LOL.

IVAN hit the nail on the head... a place like 1Broker, or Tradersway, or SimpleFX, etc, etc are places the average pleb that started in crypto can even try to gain entry into the market place. Some of us are great traders, but not high cap as we just started in the past 1-2yrs via the Bitcoin boom.

TIM, I would not call it an advertising site. I had no advertisers for the first 9months, but I did allow that one because they have been around since 2012 with good crypto traders using it. Honestly, flippin' 1Broker is an easier trade engine that Bitfinex. I am furious with Bitfinex as a general user and all the order problems I/we all still encounter. I'll post more of the article in the future, but not a full copy paste so people see any ad's, well that 1 ad because there is no others. I should add that it is a crypto site and we started adding stocks etc becasue bitcoin, litecoin, dash, doge, etc are all boring as heck.

Cheers.
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