Stockmarket Blues

Discussion in 'Silver' started by SilverSale, Jan 15, 2016.

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  1. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Personally I wouldn't be going long oil until I see a capitulation low.

    I'd be very surprised if oil doesn't sell off further during the US trading hours tonite.
     
    BuggedOut, Feb 16, 2016
    #181
  2. silvestor

    silvestor Member Silver Stacker

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    How do you guys buy oil? via CFDs?
     
    silvestor, Feb 16, 2016
    #182
  3. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    It can be done by CFDs, or you can get leveraged oil exposure via oil stocks (incl. options, warrants etc)
     
    BuggedOut, Feb 16, 2016
    #183
  4. 1for1

    1for1 Well-Known Member

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    OOO
     
    1for1, Feb 16, 2016
    #184
  5. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I buy or sell the futures on the forex market US/OIL or trade the CAD/USD currency pair which is a proxy for the oil price
     
    Caput Lupinum, Feb 16, 2016
    #185
  6. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Another nice little touch.

    [​IMG]
     
    SilverSale, Feb 17, 2016
    #186
  7. SilverFox

    SilverFox New Member

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    I've been thinking of jumping in.
     
    SilverFox, Feb 18, 2016
    #187
  8. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    US inflation figures due out tomorrow morning 12:30am AEST - should separate the wheat from the chaff in both US equities and the precious metals from over the past week or two. PPI figures beat expectations the other day which may be an indicator on the CPI figures beating expectations, however they don't always correlate.
     
    Caput Lupinum, Feb 19, 2016
    #188
  9. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Futures starting to go haywire... in my preferred direction :p
     
    SilverSale, Feb 19, 2016
    #189
  10. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Beautiful pennant formed in gold, somewhat due to Negative Interest Rates in Japan - safes now being sold out.
    This is a continuation pattern & usual expectation is to see gold move higher from here.

    H&S still in play on the major U.S. stock indices. Crash potential still lurking.

    [​IMG]
     
    SilverSale, Feb 23, 2016
    #190
  11. Killface

    Killface Well-Known Member Silver Stacker

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    ^^^

    Right, that prompted me to pull the trigger on my first unallocated buy (all of $300) :)
     
    Killface, Feb 23, 2016
    #191
  12. Oldsoul

    Oldsoul New Member

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    [youtube]http://www.youtube.com/watch?v=wV0wPBYDQ6Y[/youtube]
     
    Oldsoul, Feb 23, 2016
    #192
  13. Killface

    Killface Well-Known Member Silver Stacker

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    Oh yeah I've got the fever bad ;)

    Thanks for the tune, I am honoured!
     
    Killface, Feb 23, 2016
    #193
  14. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Gold has broken through the bullish pennant and moving north as expected.
     
    SilverSale, Feb 23, 2016
    #194
  15. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Futures firing up (err.. I mean down) once again ;)
     
    SilverSale, Feb 24, 2016
    #195
  16. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    That's the break there now, after todays small pullback to support (top edge of pennant). :)
     
    wrcmad, Feb 24, 2016
    #196
  17. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Looking at the Daily it appeared broken earlier, but you are right I didn't look at the intra-day.

    What's your preferred trade currently wrcmad? So many amazing options in this environment.
     
    SilverSale, Feb 24, 2016
    #197
  18. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Had to take a long on this gold break. :)
    The odds are just too good to pass up.
    Here is the 4 hrly showing the breach of the pennant, pullback, and move higher.

    [​IMG]

    But the daily suggests a bigger underlying trend break to the upside.

    [​IMG]
     
    wrcmad, Feb 24, 2016
    #198
  19. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Yep - a good trade - I still believe shorting SPX will give much better returns short term however..

    Either way, we're gonna make some good $$ :cool:
     
    SilverSale, Feb 24, 2016
    #199
  20. Killface

    Killface Well-Known Member Silver Stacker

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    Nice charts wrcmad, where do they come from?
     
    Killface, Feb 24, 2016
    #200
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