Primarily my personal trading journal and thoughts/analysis on the financial markets (forex, futures, precious metals, inflation, stocks, economy, computerized trading strategies). I am not a registered investment adviser, and do not offer buy and sell recommendations of any given securities or asset classes. Please read disclaimer below at bottom of left panel.
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Tuesday, October 19, 2010
Got half hour long signal on silver 23.54
Bad timing for US traders though since it is first hour almost noon of Hong Kong trading. Here is half hour signal, the 30 minute cycle has been entered (dark gray). Target is open to see if it can break the downtrend which started yesterday. Silver needs to get inside the 4 hour cycle to keep moving up. If not or if the half hour cycle signals short we get out. My quote for spot is 23.54
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