Taking a nibble short here in AH with a stop above the
trendline. Silver could use a good pullback to get long
again. No negative divergence on either the daily, 60 min or
30 min, so no reason to get too aggressive, but this is a low risk
short for a trade, IMO.
Posted by oldtrader on 21st of Apr 2011 at 09:27 am
I buy the ZSL every once in a while thinking silver has to pull
back. UH no WRONG and I get McSlapped at the open. Oh
BTW I bought ZSL at the close yesterday. Looks like I am
going to get a spanking at the open ( Again).
SLV - Daily
Posted by pebs on 20th of Apr 2011 at 05:33 pm
Taking a nibble short here in AH with a stop above the trendline. Silver could use a good pullback to get long again. No negative divergence on either the daily, 60 min or 30 min, so no reason to get too aggressive, but this is a low risk short for a trade, IMO.
Silver Short
Posted by oldtrader on 21st of Apr 2011 at 09:27 am
I buy the ZSL every once in a while thinking silver has to pull back. UH no WRONG and I get McSlapped at the open. Oh BTW I bought ZSL at the close yesterday. Looks like I am going to get a spanking at the open ( Again).
Keeping my small silver short
Posted by pebs on 21st of Apr 2011 at 09:39 am
Keeping my small silver short from yesterday. I smell a blowoff top coming - short term anyway.
Pebs, if you have stock
Posted by ditch on 21st of Apr 2011 at 09:49 am
Pebs, if you have stock charts you may want to duplicate this chart for your silver short, It appears to work very well intraday.
http://screencast.com/t/0DCl89O6qY
SLV Chart
Posted by airstream on 21st of Apr 2011 at 10:38 am
Hi Ditch I just replicated your chart and thanks for shareing . Nice chart Any tips on trade signals 2nd psar ? Color change on bars ? Thanks
Excellent Ditch - thx!
Posted by pebs on 21st of Apr 2011 at 09:52 am
Excellent Ditch - thx!
Doc, it hurts when I
Posted by jtverr on 21st of Apr 2011 at 09:29 am
Doc, it hurts when I do this...
Don't do that.
Where are you going to
Posted by parrrich on 20th of Apr 2011 at 05:52 pm
Where are you going to get the borrow?
Short AGQ 321 in AH.
Posted by pebs on 20th of Apr 2011 at 07:46 pm
Short AGQ 321 in AH.