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#1 mss

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Posted 01 April 2009 - 11:50 AM

:) O K folks, what does it look like to you?? [attachment=10452:slv40109.png]
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#2 johngeorge

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Posted 01 April 2009 - 12:22 PM

FWIW I think it is buiding a base and we head up soon. :rolleyes: Thanks, mss, for all the great stuff you bring to Traders-Talk. Best to you :)
Peace
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#3 Mike

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Posted 01 April 2009 - 01:55 PM

Neither, I don't think I would trade it right now. The 60min chart looks weak and I like to see a low rsi & macd in the 60m before going forward. What would you base either a swing or position on? And maybe we could pin a thread with definitions we can agree on for things like swing & position trades. Comment time is 1:55 cst. MK

#4 SilentOne

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Posted 01 April 2009 - 02:34 PM

hi scott, I don't know what is keeping silver afloat here. But if it sells off here strong for a day or two, it will have a long way to go as the cycle picture is not supportive. I'd use that trendline as a stop for now. cheers, john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#5 mss

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Posted 01 April 2009 - 03:53 PM

:) My history at this time: for me a position was in the 9.50 range and held to the breakout failure -- out around 13.70ish Did not go short, ----- did not try at 11.75 -- waiting, will stab at 12.25ish -- maybe long trades only. comments-- mss BTW: for me a swing trade is going from long to short or short to long within a defined range channel.
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#6 hiker

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Posted 10 April 2009 - 02:44 AM

SLV 60min and daily charts

and XAU long-term daily with SPX and XEU price overlays

at this link -

http://www.websiteto...post?id=3415134