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IvanLabrie
Jan 30, 2016 10:24 PM

Silver: Offering a nice long entry Long

Silver/U.S. DollarFXCM

Description

Silver's offering an interesting long setup, currently lagging gold, and showing clear signs of accumulation (and a nice shakeout) before taking off.
I'll enter long as described on chart.
For more of these type of setups, contact me privately, I'm currently offering tuition as well as signals for a reduced price, lasting until tomorrow.

Good luck if taking this trade,
Cheers.

Ivan Labrie.

Trade active

All good.

Comment

Acting well, we can short gold and long silver probably...I'll be looking to reenter gold longs soon though, a bit lower.

Comment

Move stop to entry.

Trade closed manually

Out for now, 1.32R win.

Comment

Buying the dip if it comes.

Comment

And target almost hit. It skipped my limit buys today. I'll let it do its thing. We might get a bear market resumption, or at least a deep retracement soon.

Comment

Target hit. I'll watch silver closely, not going long for now.

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I reccomend closing longs.

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We hit 2x the range target here...amazing rally. Shame we didn't trail instead of closing.
If you took this trade with me, post here, would like to know how many caught it.

Comment

Rebought recently 15.4, and added at 15.5. Holding the position now, after closing half at 1R win (first entry), so pretty much risk free.
Comments
smitheric1970
Looking forward to this trade, nicely done sir!
IvanLabrie
I think it's a perfectly valid setup. Gold, I aim for 1155-1180-1210.
Let's see how it goes.
The negative rates news are very bullish for gold, bonds, oil (and silver).
IvanLabrie
Cheers! :D
smitheric1970
well done indeed! What a great day for gold and silver. Agree 100% on your gold targets!!
IvanLabrie
Buying dips is reccomended. We might see a correction soon.
IvanLabrie
And thanks :D
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