Didn't this just say something about hedging USD with Silver?
The Really Useless Thread
- #107,921
- Aug 22, 2012 2:05am Aug 22, 2012 2:05am
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
- #107,922
- Aug 22, 2012 2:08am Aug 22, 2012 2:08am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Heyyyyyyyyyy...
Didn't this just say something about hedging USD with Silver?
Be hopeful in a winning position, and fearful in a losing position.
- #107,923
- Aug 22, 2012 2:12am Aug 22, 2012 2:12am
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
Look at the post above!
Oh...there it went!
Was going to say: I usually like to hedge my silver with a little E/C. But then...something happened a couple days ago...
Up until then...I SWEAR...those charts were NEARLY identical!
- #107,924
- Aug 22, 2012 2:14am Aug 22, 2012 2:14am
- Joined Jun 2011 | Status: UN-RE-TIRED | 12,773 Posts
Oh...there it went!
Was going to say: I usually like to hedge my silver with a little E/C. But then...something happened a couple days ago...
Attachment
Up until then...I SWEAR...those charts were NEARLY identical!
- #107,925
- Aug 22, 2012 2:17am Aug 22, 2012 2:17am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Oh...there it went!
Was going to say: I usually like to hedge my silver with a little E/C. But then...something happened a couple days ago...
Attachment
Up until then...I SWEAR...those charts were NEARLY identical!
Don't look now but I think EA MIGHT be going down.. I re entered anyway, but posting chart might jynx it
Be hopeful in a winning position, and fearful in a losing position.
- #107,926
- Aug 22, 2012 2:34am Aug 22, 2012 2:34am
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
Sorry, rambled on there
I used to trade gold when I first started trading FX, but do not like it anymore. Something has been weird with gold this year. Probably the fact that the market is correcting, so people have moved onto other markets. In 2011 gold was a fantastic intra day trade with very good RR.
But also the moves this year have seemed really sudden, like a CB placing an order than moves gold $5/oz in seconds. Plus the slippage has been horrible for me (50 cents to $1.50 at times)
I purely trade currencies now for intra day.
Takes being in sync with one instrument to do what anyone here wants to do. May take you a few days to stalk it, and work your way in...but when you do...POUNCE! Get paid for the last few days.
Whether you made a bit, for a few hours, over the last few days...or take it all at once...just GET paid! DON'T lose to make. Stay green as often as possible. ONE instrument can really aid in that. Know it...like it will know you! By that, I mean...
It will figure out YOUR emotions a lot quicker than you will figure out its emotions! You'll shit, you'll piss...you'll call for mama...before Frankfurt even opens, if you trade EU the same way you would GJ...or an "expected" $5-$40 run on Gold. Pick one...and know it as well as it knows you! THEN you can react. Then you can move on through correlations...
Wasn't to you, R2R. Couple PMs being answered in one go here, too.
- #107,927
- Aug 22, 2012 2:40am Aug 22, 2012 2:40am
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
u were right the silver did give a clue of the upcomming bull run
Is Silver going to lead...or is it going to lag?
In this case...because it had been SO range-bound, and then broke so violently...chances were...it was going to lead.
Where it gets to is another story! Its holding up before $30...but if it takes it...$32.50 is up quick...then its $50...and the new APPL...all over again!
I kid, I kid...but obviously...$30 could be quite significant (again) right about now.
- #107,928
- Aug 22, 2012 2:42am Aug 22, 2012 2:42am
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
... but posting chart might jynx it
I kid...post away, mate...anytime!
- #107,929
- Aug 22, 2012 2:47am Aug 22, 2012 2:47am
- Joined Jun 2011 | Status: UN-RE-TIRED | 12,773 Posts
Cunt of the thing is...its either...
Is Silver going to lead...or is it going to lag?
In this case...because it had been SO range-bound, and then broke so violently...chances were...it was going to lead.
Where it gets to is another story! Its holding up before $30...but if it takes it...$32.50 is up quick...then its $50...and the new APPL...all over again!
I kid, I kid...but obviously...$30 could be quite significant (again) right about now.
its comes with experience.. just experience behind the screen..
nice catch though
- #107,930
- Aug 22, 2012 2:49am Aug 22, 2012 2:49am
- Joined Jun 2011 | Status: UN-RE-TIRED | 12,773 Posts
Cunt of the thing is...its either...
Is Silver going to lead...or is it going to lag?
In this case...because it had been SO range-bound, and then broke so violently...chances were...it was going to lead.
Where it gets to is another story! Its holding up before $30...but if it takes it...$32.50 is up quick...then its $50...and the new APPL...all over again!
I kid, I kid...but obviously...$30 could be quite significant (again) right about now.
maybe the first thing the bastards handled when comming back from vacation is silver lol
- #107,932
- Aug 22, 2012 3:03am Aug 22, 2012 3:03am
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
yep... when those things line up... you know you can be on it being legit.. at least temp...
its comes with experience.. just experience behind the screen..
nice catch though
Happy with what I hold. $20 would have got me for some more...still may!
Never liked Silver on an intra-day level. VERY nearly gave me a fakking heart attack when I first started trading in size! Think I told you about that before? Thought I was just entering a "position." Didn't understand the lot-sizing on Silver correctly (and the new amount in my account)...was -$3000(ish) in about 30 seconds!!!
I laughed...I cried...nearly palpitated out...then gave it to my broker as I closed out! Chump!
- #107,933
- Aug 22, 2012 3:03am Aug 22, 2012 3:03am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Post nothing, you bastard! I'm staring right at it!
I kid...post away, mate...anytime!
I think I'm safe now but... okay, if you say so!
Just covered half of them just in case! Actually, just until that neckline breaks.
EA M5
Be hopeful in a winning position, and fearful in a losing position.
- #107,934
- Aug 22, 2012 3:08am Aug 22, 2012 3:08am
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
lolol another bull run after being so dormant....
maybe the first thing the bastards handled when comming back from vacation is silver lol
Stops WILL go, me thinks...but will it run? Silver can. If $30 goes...$32.50 should be up quick. $30 may not even get touched on a retest before $35 and $40 become reality.
Shitty thing is...does it ever play out like before? AND...how easy is this game? I mean really? No matter what ANY dickhead tries to tell you!
Even if its yourself doing the telling...dickhead!
- #107,935
- Aug 22, 2012 3:09am Aug 22, 2012 3:09am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Didn't play it, brother!
Happy with what I hold. $20 would have got me for some more...still may!
Never liked Silver on an intra-day level. VERY nearly gave me a fakking heart attack when I first started trading in size! Think I told you about that before? Thought I was just entering a "position." Didn't understand the lot-sizing on Silver correctly...was -$3000(ish) in about 30 seconds!!!
I laughed...I cried...nearly palpitated out...then gave it to my broker as I closed out! Chump!
Just a useless bastard
Be hopeful in a winning position, and fearful in a losing position.
- #107,936
- Aug 22, 2012 3:11am Aug 22, 2012 3:11am
- Joined Jun 2011 | Status: UN-RE-TIRED | 12,773 Posts
Have to be eying $30.
Stops WILL go, me thinks...but will it run? Silver can. If $30 goes...$32.50 should be up quick. $30 may not even get touched on a retest before $35 and $40 become reality.
Shitty thing is...does it ever play out like before? AND...how easy is this game? I mean really? No matter what ANY dickhead tries to tell you!
Even if its yourself doing the telling...dickhead!
hopefully that maple leaf u have for me is real... by the time i get it ... it could be worh hundreds..
i kid brother
- #107,937
- Aug 22, 2012 3:14am Aug 22, 2012 3:14am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Have to be eying $30.
Stops WILL go, me thinks...but will it run? Silver can. If $30 goes...$32.50 should be up quick. $30 may not even get touched on a retest before $35 and $40 become reality.
Shitty thing is...does it ever play out like before? AND...how easy is this game? I mean really? No matter what ANY dickhead tries to tell you!
Even if its yourself doing the telling...dickhead!
Be hopeful in a winning position, and fearful in a losing position.
- #107,938
- Aug 22, 2012 3:17am Aug 22, 2012 3:17am
- Joined Jun 2011 | Status: UN-RE-TIRED | 12,773 Posts
Didn't play it, brother!
Happy with what I hold. $20 would have got me for some more...still may!
Never liked Silver on an intra-day level. VERY nearly gave me a fakking heart attack when I first started trading in size! Think I told you about that before? Thought I was just entering a "position." Didn't understand the lot-sizing on Silver correctly (and the new amount in my account)...was -$3000(ish) in about 30 seconds!!!
I laughed...I cried...nearly palpitated out...then gave it to my broker as I closed out! Chump!
ya i remember the story bro... a vomit fest for sure lol
- #107,939
- Aug 22, 2012 3:19am Aug 22, 2012 3:19am
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
LOL, you don't understand, they take out my stops everytime I do! Algos watching this thread like a hawk
Just covered half of them just in case! Actually, just until that neckline breaks.
Fak! Not again!
- #107,940
- Aug 22, 2012 3:20am Aug 22, 2012 3:20am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.