Posts Tagged trading christmas

Trading Silver during the Xmas Holiday period

Trading Silver during the Xmas Holiday period

I don't usually like to trade during the holiday period but I saw a nice set up today and with it being quiet, I thought to myself, what the heck.... I was looking at the silver 1 hour chart and as you can see, there's a nice downtrend in the 1 hour charts. Where I had entered too, the price had hit and bounced off the downtrend line and had also formed a double top. Traders call this confluence, when you get two or more confirmations in the technicals as I do here. I entered at 29.05 and my

December 27, 2011 No Comments Full Story