Silver/EuroShort
Short Dax and Dow, Swap to short XAUXAG and Long XAG
Updated
Hey all,
Currently short in Dax and Dow and considering to swap for short in Gold Silver cross and long Silver.
Looking back, when industrial production is heavily affected it obviously hits Dax and Dow, especially as this is a global incident. Industrial production being hits means silver is also affected while gold is a bit more safe, hence silver going down while gold silver cross goes up.
When things tends to turn there could be a bigger shortterm upside on silver and short gold silver cross, which is why I consider cutting Dax and Dow shorts and convert them to short in Gold Silver cross and long Silver - later then to be substituted for tradition broad portfolio of stocks, ETFs etc.
What is your perspective on this strategy; experienced feedback is most welcome - including comments on target points.
Best regards,
BT
Currently short in Dax and Dow and considering to swap for short in Gold Silver cross and long Silver.
Looking back, when industrial production is heavily affected it obviously hits Dax and Dow, especially as this is a global incident. Industrial production being hits means silver is also affected while gold is a bit more safe, hence silver going down while gold silver cross goes up.
When things tends to turn there could be a bigger shortterm upside on silver and short gold silver cross, which is why I consider cutting Dax and Dow shorts and convert them to short in Gold Silver cross and long Silver - later then to be substituted for tradition broad portfolio of stocks, ETFs etc.
What is your perspective on this strategy; experienced feedback is most welcome - including comments on target points.
Best regards,
BT
Trade active
Also, made a post exactly one month ago based on theory by danish daytrader Tom Hougaard, so far it has paid off;
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.