Apr 13th 2019, Silver Chartbook
One step up Two weeks ago we advised not to be tempted to go long with $15 as a large number support. That was good advise, since we now broke that support, without much advancements in between. Last week we [...]
One step up Two weeks ago we advised not to be tempted to go long with $15 as a large number support. That was good advise, since we now broke that support, without much advancements in between. Last week we [...]
When in doubt, stay out ! The advice given in our last chartbook publication was spot on. Not trading Silver last week saved you money for sure. "When in doubt, stay out" is one of the very few intuitive responses [...]
Only the best Overtrading is one of the biggest loosing propositions of a trading system. Are you participating too often, rather than conditioning patience? Putting your money only into the best opportunities is the key. Excellent confluence of trading supportive [...]
The best of all worlds We had a reload entry mid week to add to our positions from last week´s chart book. This propels our exposure to Silver to a scenario easily defined as the "The best of all worlds". [...]
Risk versus Reward Silver prices advanced further from last week´s chart book review. Now what? The question is: "How much for how much"? Risk versus reward is likely the most overlooked and misinterpreted part of trading. The most common approach [...]
A trade on its way Silver prices moved as anticipated and provided entries for the weekly player as well as the shorter term swing trader. "Silver-Opportunities" from last week´s chartbook manifested as predicted. A trade is on its way. The [...]
Silver - Opportunities Last weeks price behavior has brought proof, of why in our recent chart books, our recommendation was to stay on the sidelines. No position is possibility the most valuable choice at times in the market. It protects [...]
Greed never pays In our last week´s silver chart book we suggested to rather take the gold short-term long play instead of the silver one. Both precious metals advanced as expected while silver actually outperformed Gold. Yet greed never pays! [...]
Silver in a Bullish Zone As indicated in our previous Silver chart book, past week has been one of sideways trading. Silver bounced from the mean (thin blue line) and closed strong at the end of the week. Silver prices [...]
Principle risk in Silver One aspect of risk is support. Support can be defined in directional support and horizontal support. Many technical analysts use moving averages and trend lines plus horizontal support/resistance lines. They aim to come up with an [...]