Silver Smackdown Tonight Chart FYI
- Thread starter VRS
- Start date
It looks like to me we might see it break today
Come on 50,000 CFD's short 
Gota wait before i pull the trigger
Gota wait before i pull the trigger
77.64 will be my entry but i have to see how strong the move is before i take it...... stop loss 78.04
It currently is bouncing around 77.74
LovingtheSilver said:
I'm chipping away constantly throughout the day (via eToro mobile app) until proper sit-down for the night shift and US open, because most action's between 6pm & 1am Aussie time - I'm walking the dog (scraping/scalping) whenever I can, so 10-15 pips on $100 trades or if I feel (f)riskier / more confident will leverage.
I use this to trade announcements:
http://www.forexfactory.com/calendar.php#closed
Forexpros article on USDJPY today http://www.forexpros.com/news/forex...of-federal-reserve-policy-announcement-238292
Sandgroper
Member
Thanks everybody some of this info is starting to stick , though I think I'm more suited to sitting on my stack it's fun watching players at work. Good luck!
http://www.ustream.tv/federalreserve hear from the printer in chief live
I am suspecting a smack down before then... if silver is going to rise I swear they guess the amount and smack it down that much to = standstill
I am suspecting a smack down before then... if silver is going to rise I swear they guess the amount and smack it down that much to = standstill
VRS said:
Great read thanks for that mate, im hoping that they do announce plans to stimulate the U.S. economy which that will weaken the U.S. currency...........
Just amatter of sitting back and watching for me now..
Do you do technical analysis or fundamental?
thatguy said:http://www.ustream.tv/federalreserve hear from the printer in chief live
I am suspecting a smack down before then... if silver is going to rise I swear they guess the amount and smack it down that much to = standstill
Hmm is that like roughly 4 in the morning for us?
ET is GMT -5.00?SilverTouch said:thatguy said:http://www.ustream.tv/federalreserve hear from the printer in chief live
I am suspecting a smack down before then... if silver is going to rise I swear they guess the amount and smack it down that much to = standstill
Hmm is that like roughly 4 in the morning for us?
SilverTouch said:thatguy said:http://www.ustream.tv/federalreserve hear from the printer in chief live
I am suspecting a smack down before then... if silver is going to rise I swear they guess the amount and smack it down that much to = standstill
Hmm is that like roughly 4 in the morning for us?
Check post 29
Unemployment at 830am, FOMC statement at 1230pm, Economic projections at 200pm and Press conference at 215pm (NY time)
I think the statement would be the one to watch as most/all of the action might happen before the conference, unexpected employment (to the -ve) might give an indication of what will come later. Hopefully they don't fence sit, and make a clear decision either way.
http://www.businessinsider.com/preview-of-september-fomc-meeting-2012-9
SilverTouch said:thatguy said:http://www.ustream.tv/federalreserve hear from the printer in chief live
I am suspecting a smack down before then... if silver is going to rise I swear they guess the amount and smack it down that much to = standstill
Hmm is that like roughly 4 in the morning for us?
This website World Clock Converter is very useful http://www.timeanddate.com/worldclock/converter.html
I use when I am organizing suitable times to speak to interstate and overseas clients. It is very handy especially when we/they are coming into/out of daylight saving.
Beats doing mental calculations at 1:00 in the morning!
white-metal-man
Member
volatility......?????....c'mon all...its only gone down by a dollar or so....and then rebounded by 70 cents or so.....thats not "that" out of the ordinary......i would agree with you if we saw dropps of 3-4 - 5 dollars.....but what i'm seeing is quite normal considering the last 12 months......or so....
Great piece on Bernanke's upcoming options & what to expect tonight FYI from FT Money supply Blog:
http://blogs.ft.com/money-supply/20...ct-from-the-fed-september-2012/#axzz26Ji3pdUP
Could get messy...
"No matter what the Fed announces tomorrow, if it makes no breakthrough on its policy framework, and simply announces a change of the forecast date or a lump of QE, I will be disappointed. I suspect in time the market will be disappointed too.
On the other hand, if the Fed successfully ties its policy actions to the state of the economy it will be a dramatic step forward answering a big part of Michael Woodford's Jackson Hole critique and putting the Fed in the unusual position of global central banking innovator.
My guess is that there will be an open-ended programme of QE: nobody wants to do another $600bn lump so I expect they will hash out an economic condition. I'm less sure about the rate forecast. Either way, tomorrow is going to be exciting."
http://blogs.ft.com/money-supply/20...ct-from-the-fed-september-2012/#axzz26Ji3pdUP
Could get messy...
"No matter what the Fed announces tomorrow, if it makes no breakthrough on its policy framework, and simply announces a change of the forecast date or a lump of QE, I will be disappointed. I suspect in time the market will be disappointed too.
On the other hand, if the Fed successfully ties its policy actions to the state of the economy it will be a dramatic step forward answering a big part of Michael Woodford's Jackson Hole critique and putting the Fed in the unusual position of global central banking innovator.
My guess is that there will be an open-ended programme of QE: nobody wants to do another $600bn lump so I expect they will hash out an economic condition. I'm less sure about the rate forecast. Either way, tomorrow is going to be exciting."