Archive for January 19th, 2013

Making Some back Trading Silver

Making Some back Trading Silver

[caption id="attachment_7658" align="alignnone" width="601"] 16th January - Silver Long[/caption] I've found that it is always difficult psychology wise to trade as well as you should if you start with a losing trade. Our Gold trade earlier in the week had left us with a 120 point deficit. Trading Silver is a bit like trading gold as they move in tandem with each other, it's not often that you'll see them diverge. Anyway, I went long Silver on Wednesday after see a positive pin bar.. it sh

January 19, 2013 No Comments Full Story

The Gold Trade that went wrong earlier this week

The Gold Trade that went wrong earlier this week

[caption id="attachment_7654" align="alignnone" width="601"] 14th January 2013 - Gold Trade[/caption] Earlier this week we sold Gold (those that followed my Tweets would have got this info in realtime). The reason for this was for a couple of reasons.. the underlying trend in the Daily charts as you can see had been down and there was a marked resistance line. One the day that I had shorted this, I could see that the price action had reacted to this line and was starting to move lower. Of cou

January 19, 2013 No Comments Full Story