Silver Charting and Silver TA Chat

Discussion in 'Silver' started by Azure, Jun 24, 2012.

  1. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    In for the swing :)

    Very nice empowering bullish hammer
     
  2. Altima

    Altima Well-Known Member Silver Stacker

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    well that was unexpected. haha
     
  3. gelxi

    gelxi New Member

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    The hourly candles are whispering that the tide is turning...
     
  4. fiatphoney

    fiatphoney New Member

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    All that the candles are saying to me, if I get really close to hear the whisper, "Is that the smell of hair burning"?
     
  5. Marsi

    Marsi Member Silver Stacker

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    Small spike to to 1400 au 23 Ag on the cards, just trying a paper trade atm.
     
  6. thatguy

    thatguy Active Member

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    just close a long position in silver as can see some resistance ahead
     
  7. Ag

    Ag Well-Known Member Silver Stacker

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    ITS GOING TO DA MOON! ;)

    sorry just a little bored and watching kitco...hehe
     
  8. Marsi

    Marsi Member Silver Stacker

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    Thatguy, in this type of setup would you consider a long if 23 broke or a short or neither?
     
  9. thatguy

    thatguy Active Member

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    Personally I am still bearish.... We have had some really bullish signals. But signals and reality sometimes take a week or so to align. Volume is the key here and I do not see that volume yet.

    A rejection of $1400 and $23 will have me short
     
  10. thatguy

    thatguy Active Member

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    [​IMG]
    this is what I am keeping an eye on
     
  11. thatguy

    thatguy Active Member

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  12. Altima

    Altima Well-Known Member Silver Stacker

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    Wow. Feels as if gold (along with silver) got slapped back down. Lol
     
  13. theiain1

    theiain1 Member

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    Paraphrasing Bernanke - 'we're not going to taper anytime soon, but we might...'

    brilliant
     
  14. trader10

    trader10 Member

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    Yeap, I agree... we are no near out of the woods yet.... Ben has spoken... and hinted..... bond buying is on the cards.... I'm thinking of a 70% chance of picking up more at $20's..... and $1300's



    [​IMG]
     
  15. thatguy

    thatguy Active Member

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    Tripple bottom @ 22 or reverse H&S on 22<20>22
     
  16. thatguy

    thatguy Active Member

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    [​IMG]
    [​IMG]
    Setting up nicely for a breakout... will it be $26 or $20? Or both, my $$ is allocated towards the upside as it is more clearly defined allowing for tighter stops.
     
  17. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    @thatguy, I tend to agree - price keeps tapping away at resistance - suggests upwards move.
    Bollingers also squeezing.

    [​IMG]
     
  18. thatguy

    thatguy Active Member

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    Should be a move up tonight which I will sell into...
     
  19. Altima

    Altima Well-Known Member Silver Stacker

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    Nope. Freefalling!
     
  20. ironwood

    ironwood Active Member Silver Stacker

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    It'll fall some more, I just bought. :lol: USD 21.99
     

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