What an amazing trade this is right now! What a turnaround. I wonder how far she is away from $100? Just think, not too long ago I was shorting. Not anymore. Not with this sort of look. Go Silver, Yipikayae!
This thing is clearly in an upward trend. It is even doing better than Gold! I wonder how far away she is from $100? WOW.
I have a question I would like to hear from a real human. I asked an AI and the opinion was that this is theoretically possible but I would like to get an opinion from a real human. I am in a dividend paying ETF. The returns in terms of stock price lag the market because of the dividends I suppose. What if I bought and held the dividend ETF for a couple of days and then got out? Then the funds would be parked into an S&P and/or NASDAQ type of ETF (non dividend) while we wait for the next dividend payment the next month. I could even do a leveraged fund. I found some that have beaten the market two or three times and STILL hold up after three months. As long as guy was not in or SHORT if things are heading down this sounds possible. I would like some advice on this idea. Thank you in advance and I hope everyone has a great weekend.
We have a nice buying opportunity on the hourly chart, confirming what is also seen on the daily chart. Let's hope this is another long lasting trade that holds up for several days. I would love to see this thing back up above $100.
>You can see how the last short was a failure as it never went down very far. Now we have a new up signal. I am hoping that this is not another sucker's rally. What makes all of this suspect is Trump's big mouth. You never know what this clown is going to say about the Iran war and how it is going to impact the direction of Silver.
Look what we have here, a new buy signal! Shall this be a good one? It looks terrific on the daily charts. I am not sure if this is worth taking before the weekend break but it looks interesting.
Here is a perfect short term trade for Silver. This is a one hour chart. The Daily chart is used to tell the general direction (wide satellite type of picture) and the one hour chart is used for the trigger. You do not short here because the general direction on the chart is still long. But this is a clever way to cash in and play the trading game. Yes this method does work for Silver just like any other asset.
We have a confirmed Buy signal on the daily chart for Silver. Any predictions for what to expect? I sure hope this holds up this time. It starts to feel personal after I got my ass handed to me by some "experts" on this board who were positive it would bounce right away after that collapse earlier this year. Let's make money!
Although I am a Silver trader I do have an interest in these sorts of coins. Does anyone know if those found on the web are legitimate? Are they valuable?
I never said I short it. I said the charts say it is good for a short. RIght now things are looking better. It is not out of the water. A sucker's rally could happen soon. Stay tuned!
The price could not cross to the upside of moving averages again on the daily chart. Candlesticks have turned red. Time to Short. Any predictions as to how low she goes in this round? Maybe I should get a T-shirt made that features some silver coins and says "Suckers Rally" on it. 🤣
Some of them sound like fake news, like something coming from paid detractors. I have heard nothing but good things about WEALTHSIMPLE except on this board. Why is that?
Will we see follow through or just the end of a promising new Suckers rally? Thoughts and predictions please.
I am in long right now but this is not an easy trade at this point. Why? Because on the Four hour chart the asset has moved up above the moving average. On the Daily chart it is still below. It is still knocking on the door with the more important Daily chart. So Silver is at a critical position right now. If it cannot break out then I guess it is sucker rally time and then time to short again. Next week will be critical. Here I am during the weekend wondering how Silver will open up on Sunday night.
Let's hope it is real this time and not just another sucker's rally. I will say this, it is great fun trading Silver both up and down. I like it because the charts speak for themselves. They could care less what other people think. We could see $80 next week, right? Go Silver!
The direction has changed again for Silver. The only question now is how long will it last now that it has changed direction? I am in the long direction this time in for the ride. I hope it is more than just a Sucker's Rally this time. Now it is time to make some money on the way up. Go Silver!
The short has been spot on so far. I would rather be long but one may as well make some money no matter what direction is happening. Silver seems to have no bottom. It is hard to believe that not that long ago Silver traded up above $100. Sad.
Are there any predictions as for how far she goes before turning back up?