The 50 EMA (Exponential Moving Average) is a technical analysis indicator commonly used in financial markets, especially in stock trading and Forex. It is a type of moving average that gives
more weight to recent prices, making it more responsive to current market conditions. Here are three steps to understand the 50 EMA:
1. Calculation:
- The 50 EMA is...
I aim to rejuvenate my perspectives, beginning with an exploration of silver. The discourse surrounding the undervaluation of silver holds significance once the underlying patterns are comprehended. I appreciate having undergone the process of shedding my biases, as it has enabled me to adopt a contrary viewpoint, thereby unlocking the potential for future profits...
XAGUSD
Hello Traders, in this video I share my opinion on Silver and where the higher probability setups might form in the coming weeks.
Trade safely,
Trader leo
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 22.387 which is a pullback support.
Stop loss is at 22.000 which is a level that sits under an overlap support.
Take profit is at 23.125 which is an overlap resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 22.420 which is a pullback support that aligns with the 127.2% Fibonacci extension level.
Stop loss is at 22.05 which is a level that aligns with the 161.8% Fibonacci extension level and lies underneath an overlap support that...
Silver (XAG/USD) has reacted off a pullback support level and could potentially break above a descending trendline to climb higher.
Buy entry is at 22.600 which is a level above the descending trendline.
Stop loss is at 22.221 which is a level that sits under a pullback support that aligns with the 23.6% Fibonacci retracement level.
Take profit is at 23.302...
How much ... and when? What else is there to know? Enjoy this multi-timeframe tour of the XAGUSD chart to learn how I find MAJOR reversals and targets BEFORE price action reaches them. As always, I strive to produce charts that speak for themselves, and yet this is my video debut here on Tradingview, and I could not be more pleased to narrate this unusual...
Before ending my previous stream, I spoke about my plans to add to my silver sell again as the sellers hit it following confirmation of a false buyers' breakout.
I am executing as per that plan now. My total risk on all silver sell positions is now 1R.
I added positions to my existing silver sell as I saw signs of another trap to trigger the sells again.
I cut my FTSE100 sells too early as I myopically was focused on a consolidation before extreme setup that worked but did not continue and in fact was a trap as the HTF bias took over.
I executed the silver sell I was planning since the beginning/middle of the Asian session today after seeing signs of a trappish consolidation pullback on the M15.
Overall bullish bias.
Price left a weekly fvg (fair value gap).
H4 has shifted bearish.
I would like to see price tag into the weekly fvg, and then see a nice strong H4 bullish displacement to then target the weekly highs (market on chart)
Silver (XAGUSD) is falling towards the buy entry at 24.030 which is a pullback support and could potentially reverse from this level to bounce higher.
Stop loss is at 23.800 which is a level that sits below a pullback support and the 23.6% Fibonacci retracement level.
Take profit is between 24.343 and 24.463 which is a multiple swing-high resistance...
