First test of 10d/20d Moving average cross strategy Maybe jumping the gun a little here, but the 10d has pointed up, looks to converge with 20d MA, and MACD shows momentum this a paper trade only, but i wanted to livetest this strategy on a non-crypto asset to see what sort of validity it has in a multi-asset portfolio let's see how it goes $_$
Long SLV - Risk/Reward Ratio 2.5 Scale in as price falls as long as support isn't broken.
I have purchased a large tranche of SLV to begin building up a long term position in the very beaten-up precious metals sector. I am not convinced the bottom is in quite yet but we are likely close. I have begun seeing articles about how gold/silver investing is dead and some articles go as far as saying the price of PMs will never recover. Price extremes,...
Recent analysis shows that the SLV ETF and physical Silver are approaching support lows. The red box indicates the accumulation zone for the asset. Once there consider buys between the .886 fib and the .941 Fib. One could also consider a three month short or put at this price. One can also go long, oncein the accumulation zone with either buying SLV,...
Selling three cash secured puts in SLV with 59 D.T.E. for .22 each with the idea of possibly ending up with a 10 lot. I would like to have a covered strangle position in silver. I want to reduce basis to take the shares or be assigned, then write more puts on decent drops and always have some short calls against the shares. Implied volatility rank is only 27%...
Keeping it simple! If you have checked my other charts please do, as they are mostly all playing out so far. SLV is not the best stock for silver, as AG is a much better "silver investment" , but Ill go through this one real fast. Looking for a fail in the wedge, because we never get what we want, (silver boom). Pull back to targeted areas. I've also labeled...
Keep it simple..multi year low looking below clones and then?
Spent a silly amount of time on this. Every Combo pattern seemed off until I came across this one. Wanted to focus only on Elliot Wave Theory. I'm trying to learn more about combination structures WXY and would welcome an expert opinion if any have one. There's some sort of double corrective structure going on here in Silver, I can just smell it. But can't put...
but very high risk. A put option might be better at limiting risk.
Targeting $SLV to the Yearly VWAP at $15.7 with September $15 Call Options. If VWAP holds, the top of the triangle at $16 should be reached.
... for a 1.89/contract debit. Metrics: Max Loss on Setup: $189/contract Max Profit on Setup: $61/contract Break Even: 14.89 versus 14.93 spot Debit Paid/Spread Width Ratio: 75.6% Notes: Taking a directional shot on SLV weakness here. Will look to take profit at 20% of what I put the trade on for ... .
A day late, but I am bullish on SLV (Silver). The triangle pattern is well established. Williams is the only indicator suggesting oversold conditions right now. Setting stop loss near yesterday's low makes this a low risk opportunity.
With crypto and stocks, many overlook that boring shiny thing that used to be the basis for sound money. Personally, i like the actual physical silver...and it's a good idea to have some for a rainy day...or financial collapse....or a zombie apocalypse (and based on how many people are on side-effect laden meds, maybe that's not so far away, though i...
Hey guys! As u can see in graph, we are in sidewards trend since several month. I marked u Support and reistance area, in graph and RSI. We can use this to do sidewards scalping, generating nice shortterm gains. Happy trading! !! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
When silver breaks up above the downtrend line, I think a very nice trade is setup