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SBCM
Dec 9, 2013 3:59 AM

Silver Plan (Daily Chart) Long

Silver/U.S. DollarFXCM

Description

Finally back to my roots. Feels fantastic.

I've increased my account over 500% playing silver long and short since 2011.

This doesn't include other trades.

I literally will downsize my life if silver reaches $14.50 to $12.75.

Half of the wealth increase from my downsize in lifestyle will go into physical metal and half will go into a tight stop loss leveraged long position.

Validation of incoming silver long is XAGSPX market, about to top out of its two-year correction wave and continue multi-decade bear trend.

Lamen terms? Silver will once again outperform the SPX, as has been the normal trend.
I am expecting this trend to continue somewhere between February and April 2014.

Lets get this money!!

-SBCM
Comments
fxlife
Oh by the way, how tight will your tight stop loss be on that leveraged long?
fxlife
So if we see a daily close below 12.75, you're out of that position? Because i mean .. selling your house to buy it again 1 day later is going to be really tough, so.. Anyway ,great chart, love it.
Metal_Mind
Hello . Very good anaylisis. I also see a very high potential in silver.I am a newbie in trading silver.The price reached 20.12 now . Do you think is a good time to buy now ?? Where do you see the price in one month?? And if you have some advices for me as a newbie in silver , i will be more than happy to hear them
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