Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Silent room 2 replies

Silent Success of Patience 10 replies

My silent journal 4 replies

bo7a method... method for GBP/JPY 205 replies

Seeing Through the Silent Crash 4 replies

Attachments: Silent Service Method
Exit Attachments

Silent Service Method

Nice Video!

Had missed the H&S on the higher TF.

Cheers
Thanks for the compliment. I am going to try and do more of those videos in the future. It's a bit hard as I am a full-time student, run the sites, work for a few different firms doing technical analysis, etc, etc.


Chris
BTW everyone......

I want you to keep in mind this move in the EUR/USD was done in low volume. The real test is going to be at 1.29, as I have the 1.30 level as 100 pips thick.
New video......
Amazing....the EUR/USD falls below the 1.29 level, but doesn't close there. Still don't have my "pile on and kill the Euro" signal yet. In fact, this looks like a decent hammer for a bounce......

Defying gravity yet again.
Quoting clockwork71
Amazing....the EUR/USD falls below the 1.29 level, but doesn't close there. Still don't have my "pile on and kill the Euro" signal yet. In fact, this looks like a decent hammer for a bounce......

Defying gravity yet again.
Just all part of the usual retracement silliness. Give me 3022 min and i'm all in.
Quoting Venice
Just all part of the usual retracement silliness. Give me 3022 min and i'm all in.
My suspicion is that we will see a drift higher, then the flush in January......of course, I have been waiting for that exact move for a few now....
It's good to see this thread active.enjoying it all, keep it up!
Quoting jlmac27
It's good to see this thread active.enjoying it all, keep it up!
As best I can.........not much going on right now.

Of course, there is that shooting star on the yearly chart of the EUR/USD.

Chris
Thats a big pin....lol.could be a decent move.How you going to play that if it triggers?where would you put a stop?
Quoting jlmac27
Thats a big pin....lol.could be a decent move.How you going to play that if it triggers?where would you put a stop?
I would use it for direction bias only......would base the sell order off of shorter time frames, probably weekly or daily.
Great stuff.

I have been a silent reader and wanted to say thank you and a happy new year!
Since the liquidity is low, I think this trade should be on demo or where does price will go exercise.

10H TF gave us a nice short single.

26.2$ - 26.5$ which is last low is first place to watch.
Attached Image (click to enlarge)
Click to Enlarge Name: Silver 10H TF.png Size: 20 KB
Quoting Naked Trader
Since the liquidity is low, I think this trade should be on demo or where does price will go exercise.

10H TF gave us a nice short single.

26.2$ - 26.5$ which is last low is first place to watch.
Silver is a funny thing really. While there could be an argument for higher gold prices due to printing in Europe and the United States the year - silver has the added function of being an industrial metal. In fact, it is probably more important in industry than precious metals. If there is a slowdown, silver will often fall while gold could rise. (Depending on the situation.) I personally don't like silver on the whole going forward. However, I live in America, and this means I can only trade it via the SLV ETF, or futures. (Silver futures are volatile enough to make you absolutely puke....)

So while I am not really trading my opinion, I think down is the road forward.
Quoting clockwork71
Silver is a funny thing really. While there could be an argument for higher gold prices due to printing in Europe and the United States the year - silver has the added function of being an industrial metal. In fact, it is probably more important in industry than precious metals. If there is a slowdown, silver will often fall while gold could rise. (Depending on the situation.) I personally don't like silver on the whole going forward. However, I live in America, and this means I can only trade it via the SLV ETF, or futures. (Silver futures are...
Hey Chris,

Any reason you think it failed?

Can we connect it to the low liquidity?

If it was up to you, in regular days, would have you taken it?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: silver 10h tf.gif Size: 18 KB
Quoting Naked Trader
Hey Chris,

Any reason you think it failed?

Can we connect it to the low liquidity?

If it was up to you, in regular days, would have you taken it?

Thanks
There is engulfing pattern near support (strength). Moving on, your upthrust kind of bar wasn't confirmed (next bar is up).
Quoting Naked Trader
Hey Chris,

Any reason you think it failed?

Can we connect it to the low liquidity?

If it was up to you, in regular days, would have you taken it?

Thanks
I am not an expert but my take on it would be that there is a strong support at $26 so I would wait until price breaks this level before looking at selling silver.

Thanks
Guiom
Attached Image (click to enlarge)
Click to Enlarge Name: xagusd_weekly.gif Size: 13 KB
Quoting Naked Trader
Hey Chris,

Any reason you think it failed?

Can we connect it to the low liquidity?

If it was up to you, in regular days, would have you taken it?

Thanks
No. I hate trading silver period......I would have never taken the trade because of that reason alone.......as far as liquidity - maybe.
Quoting guiomdetalle
I am not an expert but my take on it would be that there is a strong support at $26 so I would wait until price breaks this level before looking at selling silver.

Thanks
Guiom
Based upon this chart, I would say it is more of a "dead cat bounce" from here, at least until we get a higher high......but the bounce makes sense looking at it on this chart. Good eye G.....
No chart right now, but is EURUSD consider 2 day PB?
0 traders viewing now