Junie - Silver closed with a doji hammer like candle yesterday,
you could have bought the ETF in after hrs or something, which
trade until 8 pm. If you didn't buy it, don't get emotional about
it. Seems like people get more emotional about missing a
trade than they do getting caught in a horrible trade. always
another trade, keep emotional at bay, it just causes one to be
prone to making a rash emotional trading decision which
results in a real loss
Here is a screenshot of a spike up on silver futures yesterday
promptly after the futures closed at 2:40pm. Algos bought it after
a bullish hammer close on the daily.
Silver doesn't close at 2:40pm It basically trades 23 hours a
day with a break from 5:15pm to 6pm eastern time. The pit trading
hours are from 8:25 am eastern to 1:25pm eastern. Although trading
stops at 1:25pm in the pit electronic trading doesn’t stop until
5:15pm eastern. It starts up again at 6pm. Gold also had a spike at
2:40pm so don't think it was some plot by the algos on just silver.
Lots of times in the PM markets you will get spikes up or down,
could be running stops, etc. Sometimes it pays to fade the stops,
sometimes not.
A 49 cents move on $silver. The manipulation is over, the real
move begins. Could somebody report this blatant manipulation to the
CFC and London fix please?
On a separate subject, buying dips is the next step.
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Junie - Silver closed with
$silver.. It posted a bullish hammer at the close at ...
Posted by matt on 30th of Jan 2020 at 09:31 am
Junie - Silver closed with a doji hammer like candle yesterday, you could have bought the ETF in after hrs or something, which trade until 8 pm. If you didn't buy it, don't get emotional about it. Seems like people get more emotional about missing a trade than they do getting caught in a horrible trade. always another trade, keep emotional at bay, it just causes one to be prone to making a rash emotional trading decision which results in a real loss
Here is a screenshot of
Posted by junkie on 30th of Jan 2020 at 09:03 pm
Here is a screenshot of a spike up on silver futures yesterday promptly after the futures closed at 2:40pm. Algos bought it after a bullish hammer close on the daily.
Silver doesn't close at 2:40pm
Posted by victorh on 30th of Jan 2020 at 11:39 pm
Silver doesn't close at 2:40pm It basically trades 23 hours a day with a break from 5:15pm to 6pm eastern time. The pit trading hours are from 8:25 am eastern to 1:25pm eastern. Although trading stops at 1:25pm in the pit electronic trading doesn’t stop until 5:15pm eastern. It starts up again at 6pm. Gold also had a spike at 2:40pm so don't think it was some plot by the algos on just silver. Lots of times in the PM markets you will get spikes up or down, could be running stops, etc. Sometimes it pays to fade the stops, sometimes not.
A 49 cents move on
Posted by junkie on 30th of Jan 2020 at 10:57 am
A 49 cents move on $silver. The manipulation is over, the real move begins. Could somebody report this blatant manipulation to the CFC and London fix please?
On a separate subject, buying dips is the next step.