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LOL for people like you there is always forex. Just stay up from sunday to friday and sleep saturday. I am assuming that u have nothing else at al going on in your life in relation to friends, family or the opposite sex

I do not trade futures myself. But I have a similar background although not quite 10 years. I learned to trade stocks slowly and carefully for reasonable returns. However, I got into forex and encountered a totally new learning curve. From my experience I can tell u that the number one...

GBPUSD WILL go to 1.6225 minimum in a day or two based on my system and not a random guess (I give about 90% probability). Obviously I expect the other pairs to trade accordingly but I dont have definite levels. Afterwards I have no freaking clue. Will stand by.

Many unsuccseful traders have gambling addictions. The definition of which is lack of control. Therefore, by definition its impossbile for them to stop trying to double or nothing constantly until everything is pissed away. There are many resources like Gambler anonymous and therapists. But the...

Hey murray this is for you and others on the board that may like my channels. I will not get into any arguments into whether people should mind them or not but they work for me. This is an update with the short squeeze pushing against the long term trend line. In the last bar we have broken...

I didnt mean to come off derogatory. Yes you are absolutely right that in parabolic moves you have huge price moves both ways. In the long term this will mean nothing even if price falls to 30. If your time horizon is months and years you are correct. However, your very description of...

I am sorry AK100 but I think thats terrible advice. Price doesnt just move randomly down 5% because a stop was triggered. There is some high volume selling going on and its bad advice to not be pay attention to it. I am not saying silver will go to 10 but you need to pay attention to what the...

Just an update of my charts if anyone cares. I noted the support levels that I see on it.

Support is at 31 I am still short. There is a gap in gold prices at 1387 to 1390 expect that to be filled plus declining market hurts silver too I would reall by wary being long here u are potentially facing a severe correction.

All i can say is wow. Look for bottom trend line support.

RSI divergence doesnt mean anything just look at gold and silver charts.

I own some zsl so I am short too but honestly besides some flimsy resistance at 34 I don't see any weakness on price. I am betting that the market can take some wind out of silver like in prior corrections but without seeming paranoid I DO think this time is different since people are no longer...

I am going on a limb and will post that I am now long 60,000 shares of ZSL with my finger on the sell button.

I whole heartedly agree with you especially in longer term. However, in my experience I need to know the important levels for my style of trading. Here I have posted a more detailed chart and you may be surprised at how well TA does work even in this crazy market. I definitely think that the US...

I wanted to post a pic of what I am looking at.

I was thinking that silver was going parabolic too but I doubt it. Today it is pushing up against heavy resistance from the bottom trendline of the Sep to Dec trend channel. The price action right now was obvious once the prior high was taken out and we are seeing a huge short covering rally...

This is not necessarily that bullish, it actually looks like a fake out to the upside. You can always try since ur risk will be small. I have seen these setups many times and even if they work they will first test the base and stop you out. Also the long wick on top of the last candle isnt truly...

I was all in full margin in ZSL and I have been scaling in since early december. I nearly buckled in the last week of DEC. Take a hint from me only look at the price of gold for guidance since silver is way more whippy and it kept making new highs even as GLD made a triple top. And yes I...

I have a large ZSL position and have been trading and and out of one third of it although I am diversifying into BGZ at the moment. My question is why people are concerned about an overnight gap in ZSL when it only trades in the US market and Silver doesnt have the gap since it traded throughout...

I am bullish long term on gold and silver too. However, I personally had my best day yesterday with over 50,000 shares of ZSL long. If you look at the behavior of silver since 2003 it has had several spikes in its uptrend moving about 100% each time and collapsing 30-40% once the monthly RSI...