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Genghis
9. Mai 2016 13:22

Silver short Short

Silver FuturesCOMEX

Beschreibung

Completing my collection (copper, gold) have now got short silver.

Kommentar

Short at 17.17 SL 18.03 TP 14.67

Trade wurde manuell geschlossen

Closed out short at flat. Decided to focus on scaling in long position instead of trying to be cute by shorting. See below.
Kommentare
Genghis

Going to focus on building long position, looking at 15.70, 15.0 and ideally some into 14 handle to buy.
Genghis
With the move having the partial bull range recoil pattern I'm hoping we see a pull back to 0.5 fib at $15.
[Bull range recoil. Range 16.40 - 13.60, tested highs while passing 0.5 fib. Partial being as only passed 0.5 fib and didn't take a full run at the lows. Broke above 16.40 and ran to 1.618 fib above $18]
Looks like its going to be a time to fill my boots before we take a charge up to $25+
Genghis
bull range recoil
Range 16.40 - 13.60. Tested highs while dipping sub 0.5 fib. Partial being as didn't take a full run at lows. Once 16.40 broke we shot up to hit 1.618 fib above $18.
Genghis

The recoil underway... getting ready to fill my boots long
Genghis

Nearing first price target
Genghis

Sat under resistance that I expect to send prices tumbling soon. Won't be getting short as focused on building long position
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