Shorting the cross on any strength to the hourly 55EMA around 0.8800 and 0.8825. Stop placed above 0.8850 resistance area with multiple targets.
Target 1 at the 61,8 retracement in 0.8750s and Target 2 in 0.8670s support zone
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Good luck trading!
César…
ContinueAdded by César B.Leiceaga on June 14, 2011 at 8:01am — No Comments
After the upside breakout through the bear trendline and EMA resistance I'm buying the dips to 131.80 and 131.35 pivot. An initial target lays at today's option expiry in 132.25 and leaving a second target at 133.00 area. Stops placement under 131.00.
Good luck to…
ContinueAdded by César B.Leiceaga on June 7, 2011 at 10:44am — No Comments
Added by César B.Leiceaga on May 26, 2011 at 10:58am — No Comments
Here's my trade idea: Bought on the bearish trendline breakout or wait for a pullback to enter. Placing STOP under the weekly pivot en 1.4208, most comfortable under the figure. Target 1 in 1.4300 and Target 2 in 1.4350 (Weekly R1)
Good luck trading!
César…
ContinueAdded by César B.Leiceaga on May 19, 2011 at 10:00am — No Comments
We are getting a bounce off major trendline support an a fantastic reversal candle. I'm already long and adding in any dips to target the top in 49.50. Stay…
Added by César B.Leiceaga on May 13, 2011 at 11:15am — 4 Comments
Yes everyone,silver is still in an uptrend from a long term perspective and after all, this months margin hikes had a sole purpose: shake out the weak hands. The target was accomplished and from an investors point of view this could represent the ideal timing to position ourselves on the long side of the trade…
Added by César B.Leiceaga on May 9, 2011 at 12:06pm — No Comments
The pair has recently eroded trendline support, has been rejected at the weekly pivot in 120.17 and drilled down a medium term 38.2% Fib support from the whole up swing 116.43 - 121.81. Anything else??
On my radar screen for a "sell on strenght" trade.
Regards.
César…
ContinueAdded by César B.Leiceaga on May 3, 2011 at 10:39am — No Comments
Silver bounces off the S2 weekly pivot in 42.23 after the unexplained sell-off. This has brought savvy investors into the bid at lower levels.
The metal is currently trading above resistance level in 44.58 and further resistance levels are to be tested sooner or later starting from 46.00/20 area.
Bear in…
ContinueAdded by César B.Leiceaga on May 2, 2011 at 10:30am — No Comments
Mi idea is to sell rallies up to 1.2900s with a 50/60 pip stop and targeting the lower part of the wide range that seems to be stuck in... What do you guys…
ContinueAdded by César B.Leiceaga on April 29, 2011 at 10:02am — 3 Comments
Buying this dip at 121.20s assuming we've got a trendline breakout in the 15 minute chart. Placing stops below the pivot point and a first target at 122.00.
Good luck!
César…
ContinueAdded by César B.Leiceaga on April 28, 2011 at 10:00am — No Comments
Approaching my buy zone for the US session.
Waiting for the retracement to find support between the 15min EMA cluster support starting from 1.4600 and the daily pivot in 1.4580.
STOP placed below S1 pivot in 1.4525 and TARGETS in 1.4650 high and 1.4675/80 (daily R2 pivot)
Good…
ContinueAdded by César B.Leiceaga on April 26, 2011 at 10:41am — No Comments
Added by César B.Leiceaga on April 19, 2011 at 8:56am — No Comments
Greek 5year CDS has moved 15bp to 1105, whilst the 10Y GGB yield is around 13.30%. The spread vs Bunds is close to 990bp as media highlights fears of a possible default.
Ireland's now around 605bp after Moody's downgrade.
And Spain's Bono/Bund spread trades 10bp to 199bp.
Added by César B.Leiceaga on April 15, 2011 at 9:57am — No Comments
Added by César B.Leiceaga on April 14, 2011 at 11:02am — No Comments
Added by César B.Leiceaga on April 14, 2011 at 6:22am — No Comments
Critical pivot resistance clustered between 1459 and 1460 that correspond to the Weekly pivot and Monthly R1. Above we find bearish trendline resistance close to 1462 and below the first support lays at 1454 (daily pivot). A key area to be watching before taking…
ContinueAdded by César B.Leiceaga on April 13, 2011 at 7:49am — No Comments
Added by César B.Leiceaga on April 13, 2011 at 6:52am — No Comments
Added by César B.Leiceaga on April 12, 2011 at 10:59am — No Comments
The sell-off explained according to Bloomberg:
"A trader’s almost $1 million bet that an exchange-traded fund tracking silver will plunge 37 percent by July was today’s biggest single options trade on U.S. exchanges as futures on the metal reached a 31-year high. The 100,000 options to buy 100 shares…
ContinueAdded by César B.Leiceaga on April 12, 2011 at 7:23am — No Comments
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