Member
Posted 25 April 2018 - 12:09 PM
adding a few aggressive trading positions this mornin. tight stops in these, as always DYODD
Senor
You are amazing:always able to add right where even a fail will get you out safely
Your posts always include dyodd for a good reason
You might also add: warning, following me might cause whiplash type injuries
LOL and Si Si! A warning, as I trade this morning I am also battling/repairing an irrigation system so beware and hope no serious flooding occurs!!!
Member
Posted 25 April 2018 - 02:58 PM
took off this mornings aggressive trades, made a few pesos
Senor
Member
Posted 26 April 2018 - 07:59 AM
Silver doing a lot of work at 16.50 area...looks to be building BIG pivot zone.
Bulls last chance for romance right here.
If this pivot does not hold, decline likely to start accelerating down...
If it does hold, then there's still a chance this is final low before launch....we should find out pretty soon methinks...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 26 April 2018 - 09:52 AM
so the big Q here is have we finally reached the time where the miners will lead, given the weakness in gold and silver the past few days the miner strength is "so far" very impressive, lots of good action in the miners
Senor
Edited by senorBS, 26 April 2018 - 09:59 AM.
Member
Posted 26 April 2018 - 10:53 AM
i have next week as a pivot (wed-following week monday) my guess and its just that is we break 1300 the weak hands throw in the towel and then we go higher
now i realize this is not a mega refinery, but the idea is the building of infrastructure to support the gold bull market. http://www.newindian...ct-1806576.html
take note the commercials are very short crude and it continues to rise
dharma
Edited by dharma, 26 April 2018 - 10:53 AM.
Member
Posted 27 April 2018 - 08:00 AM
technicals remain very "compressed and oversold" here, lets see if we can finally get a solid rally/bounce in gold and silver
Senor
Member
Posted 27 April 2018 - 08:21 AM
EUR short has raced through the air gap towards first target zone of 1.20
now looks like Copper and Crude may be about to cave as well...
Be real careful with PM longs here, because failed breakout can lead to serous move in opposite direction....
Silver on the edge of letting go as well after back testing 16.50 overnight...another move under 16.45 could start wave down....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 27 April 2018 - 08:25 AM
Morning Kwave and Senor; gold and silver off to a volatile start to the day. I'm cautiously bullish, lol. Curr. spot 1320
Member
Posted 27 April 2018 - 08:35 AM
Watch 15.50 on SLV today...after the extremely ugly Tri-Star island top on daily chart, if we go below 15.50, likely going to see new lows on that chart. likely with a big red candle that plows through the Mar-April lows...
The only I would think about going long this chart is if it can climb back above 15.70.
Eventually SLV will climb over the 900 day MA and actually be able to hold above...that is when you want to own truckloads for a big LT swing up....but this attempt to breach it looks like a massive failure at this point.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
