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TFC Commodity Trading Forum

Re: How iz everyone? my si. thoughts/Trades

Hiya Trades!

Good to hear from you, I hope yer gettin' enough yer usual bite of the pie no matter market direction...
I am really lookin' forward to trading at 4:30pm there when the American markets (like the comex) come to life, instead of havin' to get up at 5:00 am and lettin' the bubbles pop around my head and trying to remember my game plan while I'm half asleep and silver is tearing around off of support and resistance like the possesed little demon of a market that it is....lol...(I am NOT an early morning person and neither is my fiancee so we are well matched! :):)
We will see how it goes, I'll be settled in there a week from now...

Anyways, great charts and observations as usual...the ratio chart gives a great perspective, thank you...
I do concur that price is right at the line in the sand here, it might be a great trade to just follow direction from here....
Of course not nessesarily with what happens on low volume Sun. nite trading but rather a clear movement when the volume comes in and things shake out a bit....
And it seems that if silver does break down it might be a better trade just reletive to gold.... and a short si./long gold spread might be the safest trade...

This ratio chart reminds me of the recent action in the Natgas chart (the modified macd turning down at the 0 line).....and we all know what happened next in that market...

Cheers! :)