Silver Charting and Silver TA Chat

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

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  1. thatguy

    thatguy Active Member

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    Decent chance for $1150, part of my plan involves a spike down there... I was hoping for high 17.XX for silver, but silver not following gold on it's joy ride down spooked me a fair bit. Miners showing green across the board yesterday (at least the ones I watch) on a less then stellar day for the metals also caught my eye. Will be interested in what the miners do today
     
    thatguy, Jun 28, 2013
    #761
  2. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    +1
    This has also been fairly accurate on the decline, and is calling 1150 ATM. :) http://forums.silverstackers.com/topic-40637-gold-elliott-wave-technical-analysis-22nd-may-2013.html
     
    wrcmad, Jun 28, 2013
    #762
  3. thatguy

    thatguy Active Member

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    Well didn't expect that soo soon
     
    thatguy, Jun 28, 2013
    #763
  4. thatguy

    thatguy Active Member

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    If this is the bottom I would expect a higher low ~ $18.88Ag and $1205Au
     
    thatguy, Jul 1, 2013
    #764
  5. Altima

    Altima Well-Known Member Silver Stacker

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    Hmm. Is the cat bouncing down?
     
    Altima, Jul 1, 2013
    #765
  6. thatguy

    thatguy Active Member

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    [​IMG]
    Picture is still forming, but sure looks interesting. Will wait till 5th of july to add to long positions though. Trading has been going really well for me lately with losses small and winners decent, this is when I feel most weary/uncomfortable... volatility is coming I feel
     
    thatguy, Jul 2, 2013
    #766
  7. volrathy

    volrathy Active Member

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    why is silver free falling today ? gonna be in the 18's any minute now
     
    volrathy, Jul 5, 2013
    #767
  8. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Lunardragon, Jul 5, 2013
    #768
  9. Numismatist

    Numismatist New Member

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    US Non-Farm Employment Change figures came in higher than the market anticipated. (195k vs 170k) That higher figure mean the Fed will stick the course with tapering.


    Weee..... look at Silver plunge!

    Now lets see if it can crack into the $17USD bracket
     
    Numismatist, Jul 5, 2013
    #769
  10. thatguy

    thatguy Active Member

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    thatguy, Jul 5, 2013
    #770
  11. Thunder

    Thunder New Member

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    I downloaded a trial Cfd trading software IG tradind is called and used demo account with $20.000AUD ,
    I had no idea what I was doing just playing around got few 5000oz silver contracts at one stage the price was 1930,
    And just watch it go down to 1800 , it was about 9pm Australian time
    It only took half an hour and I lost all $20,000 :) but most of the losses happen in 5 minutes :)
    I will register another account with another $20.000 play money and am gonna try to work out how this CFD trading game works
     
    Thunder, Jul 6, 2013
    #771
  12. bigcountry

    bigcountry Member Silver Stacker

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    Losing 20k in 5 min sounds more like roulette than investing.
     
    bigcountry, Jul 6, 2013
    #772
  13. thatguy

    thatguy Active Member

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    Good work thunder :p

    Margin cuts both ways...

    For those who care, I really think the lows are in (as per previous post).... but I am not fully in

    The real test will be this Wednesday (night) with the FOMC shenanigans. If it does not make a lower low for me at least the lows will be in and it will be back to BTFD

    GLTA

    [​IMG]
    notice the relationship to the 18DMA (Highs)
     
    thatguy, Jul 9, 2013
    #773
  14. thatguy

    thatguy Active Member

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    Well all quite here... thought i'd show all what i'm looking at. I am leaning towards a break down... but if we have a break up watch out :D . Fingers crossed we get a 61.8%+ retracement to load up on but if gold gets above 1302...
    [​IMG]
     
    thatguy, Jul 16, 2013
    #774
  15. thatguy

    thatguy Active Member

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    thatguy, Jul 17, 2013
    #775
  16. Aureus

    Aureus Active Member Silver Stacker

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    I got a feeling it's time to get bullish
     
    Aureus, Jul 17, 2013
    #776
  17. thatguy

    thatguy Active Member

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    lol :)
     
    thatguy, Jul 17, 2013
    #777
  18. Altima

    Altima Well-Known Member Silver Stacker

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    Prices somehow always shoot up when he's about to speak... Only to come back down after.

    Not a fan of sudden spikes!
     
    Altima, Jul 17, 2013
    #778
  19. mmissinglink

    mmissinglink Active Member

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    Everywhere...simultaneously
    "Splish splash, 'amma takin' a plunge" sang gold to silver as silver dove in right behind!
     
    mmissinglink, Jul 17, 2013
    #779
  20. thatguy

    thatguy Active Member

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    Sorry about the mess, pls Ignore the strait blue lines (they sorta help me :| )
    [​IMG]
    Silver
    [​IMG]
    Gold

    Point of this post is where the cross hairs are... should be resistance and once broken should be some fun. Notice the blue wiggly line on the gold of the 50DMA
     
    thatguy, Jul 22, 2013
    #780
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