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
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