Silver keeps pounding away at $15. Will it eventually break through or is it forming a base there for a rally?
it seems to me that an important low was made this morning and that we go higher from here.
This is the .... JULY .... yes JULY N+JULY DAILY SILVER...
--- Objective 16.16 is highlighted .... Buy Low... Stay High...
,,,,, "$1.00 Mortimer" ..... LMFAO .... ya' know ....
.... There is a "Pitchfork Formation" in there too ...whoa.
....... (*but I am too lazy to put in before Sunday...*)
.... I really have a hunch that we see 16.16 before sub -15 dollar silver ... sometimes silver hunches are profitable....
.... don't remain married to your position in silver though .... it could be "until death do us part"...
Time Stamp A Ticket ....
.... buying K=MAY Silver @ 5-16...ooops already did that .....
.... took delivery in Delaware Depository...smokin' a big fattie/...
OKAY .... So here is the "Art of the Deal"...
.... buying K=MAY Silver@ 15-16 SELLING , Luiquidate Longs @16.16
.... 5,000.00 U.S. dollars ..... MINE
Dude.... if you can pull off buying
15-08's..... MORE POWER TO YOU!
.... you know that there are some
juicy stops on a 15-07-00 print....
.... I am still buying 15-16's TOO!
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As I call upon my inner light and connect with divine love, I operate from a place of true wisdom. Light and love guide me and keep me thoughtful and compassionate. I speak from a place of pure peace. My actions turn toward being a help, creating a healthy place of security and openness where only good can thrive.
.... I have never met a market that makes you "FEEL PAIN".... even when U R RIGHT.......
.... lock limit high tommorrow is 16.17.......
..... filled .... BUYING K=MAY Silver @ 15-16...... now 15-08 for the motherload......
DUDE,,,,,,,, prove me wrong................................................. lol ..... silver spoon fed .........corn fed well bred......
....dude .... we are long @ 15-16 ....... 15-07 print ..... we will talk to Jesus Christ himself.......
..... may have to start a "new" silver thread ... step right up folks...
... pay your 2 bits.... and watch the spectacular ...
SILVER "Diamond Formation"
Bottom... UNFOLD ...
the GLD closed $0.01 above the 50 DMA today. While this is a very small amount, sometimes the best moves happen with a close like this. I am already long 2 Gold and 1 Silver so I am hanging tight and excited.
silver closed today above the 13 day EMA by $0.01.
.... thank you Richard .... for both silver and gold I use :
Short - Term Moving Average Cross = 3 day X 8 day
Long - Term Moving Average Cross = 8 day X 38 day
DUDE.... I JUST bOUGHT tHE sILVER EveR...
.... THERE IS NOT 1 SELL STOP LEFT ....
BUY.... DO NOT GET SHOOK OUT.....5- MINUTE CHART ....HELLL.... IT COULD BE ALREADY TRADING 15=16.... GOTTA' FLY
.... here is a K=May "DAILY" Silver Chart.... that 14-97 print was the motherload of sell stops... I left a horizontal line @14-97....
... I actually snagged 1/2 of new long position @ around 14-.961/2
... (* TEH BEST THING ABOUT THIS TRADE IS "I WILL ACTUALLY KNOW IF I AM RIGHT or WRONG IMMEDIAtely**)
.... the low today is 14-95....
NEW HIGHS COMING UP ..... YYYYYYYYYYYYYYYYYYYYYYYYY--
EEEEEEEEEEEEEEEEEEEEEEEEE HHHHHAAAAAAAAA !!!!
...... uh oh .... after calling the clearinghouse .... I just noticed that my passport expires in 3 1/2 months...
....so Costa Rica is definately not out of the picture with this current silver long position (*... ahem.... no extraditon..*)
Gold came up and touched the weekly R3 level and then closed above moving averages by one tick and then collapsed. Very ominous sell signal. Not looking good. Thank God I did not buy any where near the top. I am pissed I did not see this. The tell tale sign was the XAU closing lower yesterday.
Hindsight is always 20-20............... with no risk and no reward too.
I AM WRONG, of my own practices and rules... so I liquidated longs.... Hello everybody.....When , it started to tank near the strike...
I actually just called in and had them execute the order to liquidate longs.... I am always befuddled at these diamond formation patterns.... because I was originally taught by John Murphy back in 89-95 that it was a continuation pattern.... so if trend was down ; then double down short (like today)when the crap hits the fan with all of the sell stops get hit... HOLY GODDAMN DUDE,,, I named every sell stop that needed hit but, did not get short to hit what is a sure thing...... this is a character defect I am working on since 04/15/1989 ...only four days til 30 years.....
.........I already have the long, crude oil trade on.... and I think I need to practice a little more patience, love and tolerance to the metals markets.