Silver Charting and Silver TA Chat

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

  1. fiatphoney

    fiatphoney New Member

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  2. thatguy

    thatguy Active Member

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    [​IMG]
    Grow(Blue)>Shoot(Green)>Consolidate(Orange)>Plunge(Red)>RinseAndRepeat
    FWIW
     
  3. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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  4. whinfell

    whinfell Well-Known Member Silver Stacker

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    Here you go, EM :D

    [​IMG]

    Happy New Year, everyone! :)
     
  5. thatguy

    thatguy Active Member

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    :D , i'll add my own
    [​IMG]
    Important junction here, the the move in GSR it looks like silver and gold are aligning to test/break this descending trend line together. If it breaks to the Downside ~1141-1157 IMHO, upside if it breaks... unlimited :p

    DYODD GLTA (good luck to all)
     
  6. metalzzz

    metalzzz Well-Known Member

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  7. thatguy

    thatguy Active Member

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    Guess the chart and win nothing... guess the direction of the break and $$ :p
    [​IMG]
     
  8. thatguy

    thatguy Active Member

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    hang on ppls :D
     
  9. thatguy

    thatguy Active Member

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    [youtube]http://www.youtube.com/watch?v=l0-FBlfvgxo[/youtube]
    You got it ppls... up here Or down but we at the fork in the road... bring on 20.63
     
  10. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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  11. Altima

    Altima Well-Known Member Silver Stacker

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    And boom it goes up!

    (While bitcoin takes a sheet)
     
  12. thatguy

    thatguy Active Member

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    Resistance @ 20.60 breached... fingers crossed it revisits
     
  13. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Yep, it would suck to be holding silver right about now.... :D :D
     
  14. thatguy

    thatguy Active Member

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    Hope you're all enjoying the ride... have not had this much fun since it broke $26
     
  15. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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  16. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I'll have a crack. :)

    Support around 1900 was not unexpected - see here: http://forums.silverstackers.com/message-573098.html#p573098

    But this particular trade was textbook - support becomes resistance with MACD bullish divergence signalling the possible breakout.
    Declining resistance was next stop at just below $22 (also seen as the top sloping line in the above link). Consolidation here was a waiting game with long stops in place.

    The second chart below (4 hrly) shows another clear consolidation and breakout at this line, and we are off and running again.
    Next stop $23 (or my stop loss).

    Difficult to predict a target price, as that is not what T/A is about for me. Better to refer to some of those sophisticated COMEX data analysis gurus... but be prepared for losses. :p

    [​IMG]

    [​IMG]
     
  17. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Thanks heaps and same to other "Somebody"s that translate this.

    I don't trade, but reading the stuff posted on here has made me time my purchases way better.

    Has also been helpful knowledge for Higher, Lower, Sideways. :D
     
  18. thatguy

    thatguy Active Member

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    Lol guess blue it was :p ...as with wrcmad I am clueless about an end point for this thing.... If it makes 25-26.50 ~ apr I will hedge all long contracts and add some shorts until june 30
     
  19. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Yeah, I saw that when I clicked wrcmads link. ;)
     
  20. Dustin

    Dustin New Member

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    revisited..and resisted quite well thus far. good point to go long? nice call btw
     

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