Probability Movement Of Silver Mic For March 15
Control Price is "A pivotal support or resistance area inside the value area. The best way to think of the control price, or pivotal area, inside of the value area is that it acts like gravity, attracting price above it and below it as long as price is within the vicinity of the value area. In this picture I attempted to draw in several control points and circle...
I am doing something I read from a book.
Long limit entry 24,6 SL 21,5 PT1 34 PT2 38,5 BE 29 RRR 3,15:1 Long term COMEX:SI1!
3.11.20 Framing Silver Part 2 should listen to Part 1 first.
Though silver prices have rallied, the longer-term trend is pointed lower. Using Elliott Wave Theory as our guide, silver has been declining in impulse waves and rallying in corrective waves. Silver may be in a small degree wave ii higher. There are wave relationships and the underside of the purple price channel hovering near $27. We'll likely see some type...
silver been frustrating for a year im long a starter position will add if its working
Silver will trade sideways in a small and short accumulation phase before breaking higher. Risk/Reward is nice for this setup as shown for breakout trade.
Money outflow of precious metals last week. Increase short position. Masive physical buying. Gold trying to find a local bottom. I see this as a fake out. Adjusted trend line holds. 200 ema around 24 usd.
When open interest hits rock bottom, if the price action refused to make a new low, that is hidden bullish divergence! Rocket Time!
Much like in the old George Foreman grill commercials; "Just set (sell) it and forget it!". It's a dog but a great Short here! Here is the "panoramic view"; It will deflate in 2 seconds flat, right along side with the rest of the currently prevalent inflation fantasies.
Back in 2008 I began trading Silver from the bottom to around $40. I knew it was time to bail because every person I knew was talking about Silver and Gold. I like to call this my "People Index". At the time I had no idea why that was the correct move but I just knew it. After cashing out, I realized it was time to figure out the "Why". Come to find out Silver is...
Almost time to buy Silver. Am buying at 24.5 .. are you?
first support down at line 200 ma, fed going to let rates rise for a bit
AS IT IS TAKING RESISTANCE FROM 200 AND 50 EMA.......