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  • #641
  • May 6, 2011 8:59am May 6, 2011 8:59am
Hello Rac & others...
i just stumbled onto this thread..
my first post here..im js going thru this wonderful silent thread...
was just reading wats going on here as well
will lurk here for sometime
  • #642
  • May 9, 2011 12:59pm May 9, 2011 12:59pm
Time to bail out and call it a week?
Will there be another run on 1.50?

Decisions, decisions ...
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  • #643
  • May 9, 2011 11:41pm May 9, 2011 11:41pm
Quoting raczekfx
That's right, don't fight the uptrend...
Just nuke it....

Lol, nice! Could you share you entry points at the lower TF please (if you indeed zoomed in on the PA to place them)?
  • #644
  • May 10, 2011 7:42am May 10, 2011 7:42am
Quoting fxterrapin
Lol, nice! Could you share you entry points at the lower TF please (if you indeed zoomed in on the PA to place them)?
Unfortunately I missed out on short silver opportunities and entries on the chart are hypothetical - add-ons. After all you can't have them all
Having said that I'm long silver from 34.50s and looking at fibs as TPs.
  • #645
  • May 10, 2011 10:09am May 10, 2011 10:09am
Quoting triger88990

If it goes down I hope I’m smart enough to buy more silver.
Have a present for you

nuke it baby, hope you didn't mind I borrowed it, but just love it.

I just couldn't resist not posting it: Clash of the TITANS .

if you go over all the forums you will be astonished to see that almost everyone was speaking silver Crash LOL.
They have no brains on thinking for themselves they saw a reaction and they all have been talking crash... crash.LOL


Now if that reaction in price was the start of the crash how is that we are recovering, it denied their "theory" of the crash, that's not how a crash market behave.

I found out, and I'm speaking from my own experience, not trying to make a bold statement, but the best trades I've made are the one which are hardest to pull the trigger, the psychological efforts are greater but only with confidence and past experience I could take the trade.

I've study all the market crash (stock&commodity) in deep and I've gone as far as 1880-2011, and I must say they all have almost the same charateristcs, I've study also the fundamental and it's "technical" behavior, I'm just trying to say by this that I had strong reason for still favorizing a continuation higher in the price of the metals, general condition are pointing up.

but again what do I know................

tell me if this was the silver market crash why is that we are recovering from the last sell off, thats not the way a crash behave.


I hardly see how silver could be a bubble when, even at its top, it's still below it's all-time high. That's not much of a bubble. A bubble is when things are screaming up every day and they go to new highs, two to three times their old highs. We'll have a bubble, we'll have a bubble in commodities, we're not there yet.

Markets correct all the time. Silver went down a great deal but if you raise margin requirements 150-200 per cent you would expect there's something to collapse. It's good for the market as far as I'm concerned. Silver especially needed a set back and a consolidation, which is what it is doing right now.

Ps: we are close to my TP
edit: ohh we have almost the same entry, but doesn't supposed you to sell it

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  • #646
  • May 10, 2011 1:26pm May 10, 2011 1:26pm
Quoting triger88990
Have a present for you

nuke it baby, hope you didn't mind I borrowed it, but just love it.
Don't blow it this time... cause WE won't tell you where the next nuke is hiding
And yes, we know!
  • #647
  • Edited 3:51pm May 10, 2011 3:38pm | Edited 3:51pm
Quoting triger88990
if you go over all the forums you will be astonished to see that almost everyone was speaking silver Crash LOL.

They have no brains on thinking for themselves they saw a reaction and they all have been talking crash... crash.LOL
Indeed, very few have... This is why they'll keep coming to FF for food over and over again and continue to starve. Once they discover the simple equation that can lead to success, the traffic on FF will drop 90%...

I'm not worrying about that though.
Quote
I've study all the market crash (stock&commodity) in deep and I've gone as far as 1880-2011, and I must say they all have..
This is where some get mixed up ..
If you really care about being successful trader, you do not study markets, you study people (hint, hint)
You don't follow, you lead. You stand aside, watch the crowd and take action when appropriate. Then you leave and come back few days later when most 'are loosing their stomachs'. You take action again and leave. Repeat this process again and again. Simply speaking you won't get rich if you follow majority. After all, most of the wealth on our lovely Earth belongs to minority. They're not followers for sure....
I've already said too much..
later


.
  • #648
  • May 11, 2011 9:02am May 11, 2011 9:02am
Quoting triger88990
....

Ps: we are close to my TP
indeed we where close to my TP

but I did more than just liquidating my position, I also reversed and was sending some troops in the field in the other direction. It's good when your exit point is the entry for your other trade, I'm like a surfer, riding each wave, till the sharks show up.

Quote
Don't blow it this time... cause WE won't tell you where the next nuke is hiding
you better hide it in deep place, otherwise everyone will be looking for it...but wait you don't need to be worried cause many have myopia

all the best!

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  • #649
  • May 11, 2011 10:43am May 11, 2011 10:43am
Amazing! I can't even see a S/R there.

Quoting triger88990
indeed we where close to my TP

but I did more than just liquidating my position, I also reversed and was sending some troops in the field in the other direction. It's good when your exit point is the entry for your other trade, I'm like a surfer, riding each wave, till the sharks show up.



you better hide it in deep place, otherwise everyone will be looking for it...but wait you don't need to be worried cause many have myopia

all the best!

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  • #650
  • May 11, 2011 2:12pm May 11, 2011 2:12pm
Quoting triger88990
indeed we where close to my TP

but I did more than just liquidating my position, I also reversed and was sending some troops in the field in the other direction. It's good when your exit point is the entry for your other trade, I'm like a surfer, riding each wave, till the sharks show up.



you better hide it in deep place, otherwise everyone will be looking for it...but wait you don't need to be worried cause many have myopia

all the best!

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sweet trig,
silver has been good, hasnt she?
got my eyes on fiber & swissie ..... no need to say more, those that know will act accordingly (now im talking like rac )
ill post if/when im in .....
cheers guys
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Simplicity is the key to success
  • #651
  • May 11, 2011 4:42pm May 11, 2011 4:42pm
Quoting squeezy
sweet trig,
silver has been good, hasnt she?
got my eyes on fiber & swissie ..... no need to say more, those that know will act accordingly (now im talking like rac )
ill post if/when im in .....
cheers guys
Now you're talking like trigg.. and it worries me a bit
It's ok to keep on trying on demo until you get it right and post a chart or two, but in live trading there is no room for bravery. Cowboys get 'un-saddled' quickly and egos die painful deaths. I can say something about it from my own exp. back 20years ago.....
Please tell me, you're joking squeezy ..
  • #652
  • May 12, 2011 2:55am May 12, 2011 2:55am
Quoting raczekfx
Now you're talking like trigg.. and it worries me a bit
It's ok to keep on trying on demo until you get it right and post a chart or two, but in live trading there is no room for bravery. Cowboys get 'un-saddled' quickly and egos die painful deaths. I can say something about it from my own exp. back 20years ago.....
Please tell me, you're joking squeezy ..
Ouch! Below d belt there Rac, below d belt...
Not trying to proove anything to anyone but.... Nevermind
Anyways, take care Rac
Simplicity is the key to success
  • #653
  • May 12, 2011 8:49am May 12, 2011 8:49am
Quoting squeezy
Ouch! Below d belt there Rac, below d belt...
Not trying to proove anything to anyone but.... Nevermind
Anyways, take care Rac
You got me all wrong squeezy .
I haven't referenced bravery and demo to your trading (interested parties know that very well). I just used your post to make a point.
You're doing well suqeezy, so keep it up my friend
  • #654
  • May 12, 2011 1:18pm May 12, 2011 1:18pm
silv

bearish daily bar against bullish.
which direction are you trading now now?
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  • #655
  • May 12, 2011 4:27pm May 12, 2011 4:27pm
Quoting kk007
Amazing! I can't even see a S/R there.
you don't see them cause you have myopia my friend (just kidding)

have a look on the chart below maybe some light bubble will turn on

I told you I'm a surfer, and many are in disbelieve...but what can I do

first 2 charts took the snapshot yestarday, yes I did it again and I turned around

last 2 charts took the snapshot today, and yes sometime I average down, and yes I was in drowdown through evening almost 2.5$, I've got an average price of 34.75, but got "saved" by 32.00 level where price tourned around, even if we weren't to see any reaction and price would have been on the bottom but with the close above 32.00, I would have still manage my position till next day where I would have normally expected a recovery. Althought this is not a technical PB, the close price is still good for me. Put if things will go wrong have my back up plan and I'll bit the bullet,hope those bastard won't play unfair game again with thier margin requirement

if i'll show you my others operations you will be in stop cardiorespiratory resuscitation (I'm kidding, just to make sure you don't take it serious)

anyone can see this as a trade of a century



Quoting squeezy
sweet trig,
silver has been good, hasnt she?
got my eyes on fiber & swissie ..... no need to say more, those that know will act accordingly (now im talking like rac )
ill post if/when im in .....
cheers guys
You are not only speaking like him but trading like him, very good job

Quoting raczekfx
Please tell me, you're joking squeezy ..
this guy is serious one L;

@squeezy

Mark is just palying with you , you should have known him till now, he has a great sens of humor, just that you interpreted him in the wrong way


Quoting raczekfx
silv

bearish daily bar against bullish.
which direction are you trading now now?

Mark I see you are looking more into the commodity market lately .

I've already made my choice, you can't know for sure till you beat .

So what is your choice? (even not having a position is still a trade)

all the best!

PS: I'm setting the alarm on---> bad time, my pillow is waiting for me

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  • #656
  • Edited 6:31pm May 12, 2011 6:18pm | Edited 6:31pm
Quoting triger88990
@squeezy

Mark is just palying with you , you should have known him till now, he has a great sens of humor, just that you interpreted him in the wrong way
At least some know me well... lol


Quote
Mark I see you are looking more into the commodity market lately .

I've already made my choice, you can't know for sure till you beat .

So what is your choice?
Have been for few years, futures in general, especially e-mini (beats the hell of forex). Why? Better spread, cheap (only 5$ round turn), well regulated and down the road they save you quite few ounces of gold in commissions. I don't discuss them here very often. After all it's Forex factory...

BTW. guy next door have been trading e-minis for a 1.5 y and quit his well paid sales job in January. Nothing fancy, just 3 contracts a day 4-5 point /day .... and he's only using RTL. I should've formed silent partnership with him when he asked .
Now he's a 'BiiiiiG' trader. I still like him though. Love when people do well and succeed.
Cheers.

oh. almost forgot.. my position? Here it is...
.
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  • #657
  • May 13, 2011 7:36am May 13, 2011 7:36am
I thought you are only good at predicting price movement. Didn't know you can accurately figure out I am short-sighted. Yes, I do need a pair of glasses. Now, I believe that you do have a crystal ball on your side.

I usually play naked chart, and so I couldn't identify a visual S/R there. But later I realize that you may possible use Fibo 38.2 plus round no. (39.50) to enter.

Next, you showed me the EMA on your chart. What is your EMA period, 150 & 365? I don't know 150/365 myself. Why not 100 or 200? (365 is not actually the numbers of trading days per year, since there are only 5 days a week) Everyone use different values. So, I don't think I am easily comfortable to use this kind of arbitrary values. Anyway, this may be just for me.

I find your current silver positions entered or entering drawdown. Anyway, your profit factor on statement in general is amazing good, and it is actually good that you post both in-profit and in-drawdown positions.


Quoting triger88990
you don't see them cause you have myopia my friend (just kidding)

have a look on the chart below maybe some light bubble will turn on

I told you I'm a surfer, and many are in disbelieve...but what can I do

first 2 charts took the snapshot yestarday, yes I did it again and I turned around

last 2 charts took the snapshot today, and yes sometime I average down, and yes I was in drowdown through evening almost 2.5$, I've got an average price of 34.75, but got "saved" by 32.00 level where price tourned around, even if we weren't...
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  • #658
  • May 13, 2011 11:59am May 13, 2011 11:59am
Quoting kk007
I thought you are only good at predicting price movement. Didn't know you can accurately figure out I am short-sighted. Yes, I do need a pair of glasses. Now, I believe that you do have a crystal ball on your side.
http://fear.tjp.hu/fearcharts/4_300.png
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #659
  • May 13, 2011 3:07pm May 13, 2011 3:07pm
If you asked me..
That's one hell of a 2 - month pin bar.
What happened to all those eurusd cheerleaders?
After all the trend is up..., right. Check the news sections back two weeks ago to see what I mean....
Not to mention any names, most of them were already pricing in 1.55/1.60... ooh dear...

I'll leave you with that beautiful chart. Enjoy the weekend everyone!
.
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  • #660
  • May 13, 2011 8:43pm May 13, 2011 8:43pm
Quoting raczekfx
If you asked me..
...Not to mention any names, most of them were already pricing in 1.55/1.60... ooh dear...
I'll leave you with that beautiful chart. Enjoy the weekend everyone!
.
hahah, i've been looking for 1.50 - 1.60 since 2010. at least it almost reached 1.50 (trying to practice long-term/'remote viewing' so i guess im improving)

yeah, very nice PB!
im still bullish unless 1.36 - 1.38 breaks convincingly (1.34 is possible too).
of course, whatever price does, we trade accordingly

glad u posted beyond your post limit, Mark
a great weekend to u & all!
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