Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

Comex Silver's Diabolical Evasions

IMG Auteur
 
 
Published : April 11th, 2017
237 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Technical Analysis

Technically speaking, the futures became a ‘mechanical’ buy on this morning’s plunge to the red line, a midpoint Hidden Pivot support at 17.745. In practice, however, due to the $1500-per-contract entry risk, the only way I could have suggested getting aboard would have been to ‘convert’ the mechanical signal to a 'camouflage' one. This is never an easy task, and that’s why I didn’t suggest it. Lest subscribers feel they missed an opportunity, the ‘camo’ entry approach, even on the 3-minute chart, and even seen in retrospect, was treacherous, to put it mildly. What this implies is that we will get long in silver futures using only the most cautious approach. Specifically, we’ll look for a ‘mechanical’ trigger only on a pullback to the green line, or via whatever juicy ‘counterintuitive’ opportunities present themselves intraday. Even then, we’ll do the CI trade only if the signal occurs within a textbook ABC pattern on the lesser charts. And a word of caution to those who would trade the mini-contract to reduce risk; In fact, the mini is so illiquid that in many instances it doesn’t help much to be precisely right about trend and target. If you don’t subscribe but would like to join great traders from around the world in the chat room, click here for a free two-week trial subscription. You’ll also receive actionable trading ‘touts’ and invitations to frequent ‘impromptu’ sessions where Rick ‘takes requests'.

Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Rick Ackerman is the editor of Rick’s Picks, a daily trading newsletter and intraday advisory packed with detailed strategies, fresh ideas and plain old horse sense.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
The Escape from Collectivism - Jeff Thomas
22 Maysam_site
Globalist investigator Leuren Moret discovered that Fidel Castro, far from a grass roots revolutionary, was a Farnese duke from a prominent Black N...
Bill Murphy: Silver – The Only Commodity 66 Cheaper Than 37 Years A...
22 Mayprljr-1
"depict Armageddon or viruses or zombies never show people trading gold for items." Food ,medicine and Guns and ammo will be traded if it comes...
Bill Murphy: Silver – The Only Commodity 66 Cheaper Than 37 Years A...
19 Maybparker191
Computers, long distance phone calls, vcr players, surgery are just a few of the items that are cheaper than 37 years ago. Gold is not man...
Bill Murphy: Silver – The Only Commodity 66 Cheaper Than 37 Years A...
19 MayS W.-1
Two months after the Hunt brothers debacle the 'price of silver' in 1980 went from about $49 to under $11 in about 2 months. (wiki) Silver is n...
Inflation/deflation and the desire to avoid short-term pain
16 MaySNAFU
Ahh, central bankers. Infinite money will bring infinite pain, but in the meanwhile enjoy the ride
Body Armor: Because If You’re Shooting Down Range, You Can Bet Some...
15 Mayramasart
One thing about body armor--it's heavy, and it's HOT. While I am a strong proponent of it (and I need to buy some upgraded plates), just know that...
State Dept. memo explains U.S. policy to drive gold out of financia...
15 Mayprljr
Sidney Weintraub Go figure who would have guessed! Why use gold when you can use their paper which they create out of nothing. (((para...
State Dept. memo explains U.S. policy to drive gold out of financia...
15 Mayneville
America harbours some of the dumbest felons on the planet who leave one smoking gun after another behind at crime scenes. That the u.s. wanted ...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS