The market did go higher... LOL Is that what your fabricated charts are based on -- a mention that the price would go higher, when it did??
Unfortunately you are mistaken once again, but we are used to that. Just pay your 10 ounces of gold for being bullish on silver for the past 6 years and everyone will be happy.
You have a very warped sense of reality Baron - but we have come to expect that from you. I still can't get over the fact you created all these fabricated charts based on a correct call. Really must have been scraping the bottom of the barrel.
BB, I spotted an issue with the left-hand axis of your chart and have taken the liberty of correcting it. This should have everyone in agreement now:
So you're patting yourself on the back over a 40c increase (less than 2%) is "a perfect analysis" yet mine of another 80c on top is fence sitting? Interesting take you have there Silversale.
Guess its all down to ones own perception Silversale. 4 hrs after your call with no figures, reasoning or data provided (perfect analysis? please mate.) you are blowing your own trumpet. 2% in my books is not a decent move nor in most peoples and 24hrs after your call its barely a 1% upward movement...and fading. Don't know how you can claim to be spot on when your call was so vague to begin with. Honestly, I hope you are right and there is an ACTUAL decent movement in coming days. Cheers.
Calling an 80c + move in a month, basically the only way you can be wrong is if you call the DIRECTION wrong... ie say down instead of up. It is a fence sitting move -- unless you honestly believe it will only rise approx 80c & not multiple dollars. The spread simply isn't big enough!! Chartists predict short term moves all the time, and the people that have no clue how charts work call those that do 'crystal ball gazers', like yourself. I said in the "coming days".. up approx 2% on the first day is a perfect start. P.S. Having the likes of Baron & fincky agree with you is not a good thing LOL
Well my big call was for $14 silver AN $1k Gold come March and i stand to lose a fair few $$$$ if wrong. If it keeps going up every $1 over $17 is $1200 i COULD OF HAD. May be an own goal for me the way things are looking at the moment. Live and learn and i just have to buy back in when i see the prices low again and make sure i put the money to work to tr and make up for the lost gains.
ATM a 40c move in spot when trading CFD's is equivalent to 230% ROC - the Silver 500oz mini contract is leveraged with only 1% margin and 50% slippage factor. 230% in 4hrs is pretty fkn good in my books.
Fair call. So, lets take the two alternate "perceptions" then, shall we? After 24hrs a 1% move (20c) is worth 120% ROC, or 44,000% annualised.