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!
Added by César B.Leiceaga on May 19, 2011 at 10:00am — No 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…Continue
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.
Added by César B.Leiceaga on May 3, 2011 at 10:39am — No Comments
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.
Added by César B.Leiceaga on May 2, 2011 at 10:30am — No Comments