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IvanLabrie
31 אוק׳ 2016 20:32

XAGUSD: Updated 'Time at Mode' Analysis לונג

Silver/U.S. DollarFXCM

תיאור

Silver has traced a bullish uptrend signal here, we're already long as per previous publications, and also long miners. We look for a rally to emerge from here and reach our target zone close to 19-20 in the coming weeks. If not long you may jump in now, risking a drop under 17.52 or 17.345. You can also add to longs as long as reaching a total risk of 1%-2% between all positions.

Good luck!

Ivan Labrie.

הערה

Good progress, let's see if silver can break the resistance above.

הערה

We will trail stops up gradually, move all silver stops to 17.521.

הערה

Time at mode target in the daily was hit, we could see a retracement here, unless the rally really has legs. You can either trail stops up to entry, and close half/75%, or only move the stop up and wait for more upside.

הערה

If we get a dip you can add more longs with a tight stop. Keep an eye on it.

הערה

I'm booking longs here for now, taking my chances, if we get a dip I might buy again, for now I'm flat. Last: 18.48

העסקה בוטלה באופן ידני

הערה

It went to 18.72 after my exit at 18.48 but now is way lower.

Ours was a safe exit in XAGUSD


We'll monitor the weekly close after this, and determine if we want to reenter or not.

It'll be really safe only once we break above the resistance above the recent highs with confidence.
תגובות
veryevilone
Very nice channel. I agree with this chart. +1
IvanLabrie
Thanks, let's see if we get it.
veryevilone
also notice how the bbands are squeezing very tight.
IvanLabrie
I use a different technique than most for BB, but yes, volatility contracts before a breakout.
Mdotee.
any update on this? TY
IvanLabrie
@Mdotee., hi, I'm focusing on gold now but silver should be similar.
We can have a buy opportunity very soon.
עוד