May 25th 2019, Silver Chartbook

Value

If today’s headline would refer to the value of silver, this would be a long article. Silver’s nickname “the poor mans gold” does this precious metal not justice at all. Its amazing properties is a staple and finds itself everywhere in use in our daily life’s. Even more exciting is its increasing demand in the future as a super conductor needed in cell phones and electric cars just to name a few.

In this week’s silver chart book however, we want to point out on how to interpret the content of our newsletters. How all time frame market players can use this weekly presented information to their advantage, especially on how to extract maximum value.

Value provision by sharing principles, and in this manner providing educational value, is the obvious. This approach has built our extended fellow ship. In this publication so we want to take a very practical approach on how our low risk ideas with their weekly publication can be useful for longer term investors and shorter term market players alike.
Let us use last week´s silver chartbook as an example. You will find at the day of publication a strong call on our side to participate long term in the silver market.

Prices in Silver/USD were trading at the time at 14.40 dollar. Let’s see what the market did since then.

Daily chart of silver on May 17th:

Silver in US-Dollar, daily chart as of May 17th, 2019

Silver in US-Dollar, daily chart as of May 17th, 2019

At first glance silver broke a bearish channel (yellow line) to the downside which of course signals a weak market!

Gold, daily chart May 17th:

Gold in US-Dollar, daily chart as of May 17th, 2019

Gold in US-Dollar, daily chart as of May 17th, 2019

At the same time gold prices got just rejected at strong resistance level @ US$1,300. This too was bearish and Gold broke back into its channels range, holding prices dead in their track.

Silver, 60 minute chart May 24th:

Silver in US-Dollar, 60 minute chart as of May 24th, 2019

Silver in US-Dollar, 60 minute chart as of May 24th, 2019

The trader or investor following this publication had 6 days to comfortably do his or her research may it be fundamental or technical (or both) in nature and place an order at leisure.

Advancing prices after bottom building on silver, 60 minute chart May 24th:

Silver in US-Dollar, 60 min chart as of May 24th, 2019 b

Silver in US-Dollar, 60 min chart as of May 24th, 2019 b

However, after the bottom building phase with a tight sideways trading range, silver broke higher over the last two days. This allowed for the short term or very conservative long term player to take partial profits and have exceptional risk reward ratios with a tight stop below a solid sideways range.

May be you are looking for guidance in supporting your own formed opinions and using this publications as an additional edge. Or you might be trying to improve your hit rate by extracting a principle here and there. Or you possibly might follow our signals straight up.

What we mean to say is, that no matter what your style is, no matter if it is a publication with a long term or short term outlook, you might find a morsel of truth and value in our efforts to bring true value to your investments.

We want to thank you for your loyalty and your very valuable time in reading our weekly chartbook and will continue to strive to produce content that is valuable to our readers.

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About the Author:

Outstanding abstract reasoning ability and ability to think creatively and originally has led over the last 25 years to extract new principles and a unique way to view the markets resulting in a multitude of various time frame systems, generating high hit rates and outstanding risk reward ratios. Over 20 years of coaching traders with heart & passion, assessing complex situations, troubleshoot and solve problems principle based has led to experience and a professional history of success. Skilled natural teacher and exceptional developer of talent.Avid learner guided by a plan with ability to suppress ego and empower students to share ideas and best practices and to apply principle-based technical/conceptual knowledge to maximize efficiency. 25+ year execution experience (50.000+ trades executed) Trading multiple personal accounts (long and short-and combinations of the two). Amazing market feel complementing mechanical systems discipline for precise and extreme low risk entries while objectively seeing the whole picture. Ability to notice and separate emotional responses from the decision-making process and to stand outside oneself and one’s concerns about images in order to function in terms of larger objectives. Developed exit strategies that compensate both for maximizing profits and psychological ease to allow for continuous flow throughout the whole trading day. In depth knowledge of money management strategies with the experience of multiple 6 sigma events in various markets (futures, stocks, commodities, currencies, bonds) embedded in extreme low risk statistical probability models with smooth equity curves and extensive risk management as well as extensive disaster risk allow for my natural capacity for risk-taking.

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