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Silver (per 0.5) CFDSilver (per 0.5) CFDSilver (per 0.5) CFD

Silver (per 0.5) CFD

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SILVER trade ideas

XAGUSD BULLISH 1000PIPStop Loss at the Recent Low: Setting a stop loss at the most recent swing low is a common risk management strategy to minimize potential downside. It ensures that if the price action breaks this level, the trade will be closed automatically, potentially indicating a bearish reversal or continuation pattern. Target of 1000 Pips: A 1000-pip target on XAG/USD is a relatively large profit margin, so it aligns well with a trend-following or swing-trading strategy. Given silver’s volatility, reaching this level may require holding the position over a longer timeframe, especially if it's a bullish move from a low point.
OANDA:XAGUSDLong
by LORDOFTHETRADERS
4
Bullish on XAGUSD: X1X2 Strategy for Silver GainsAs a trader focused on XAGUSD, I'm excited about my bullish bias and the potential for significant gains in the silver market. My strategy employs the X1X2 methodology, which is grounded in probabilities, allowing me to identify optimal entry points for long positions. With silver currently showing strong momentum, especially as it approaches key resistance levels, I anticipate a breakout that could drive prices higher. The Elliott Wave analysis supports this outlook, indicating that we are in a bullish phase with potential for further upside as long as we maintain support above recent lows. By leveraging my swing trading system and the X1X2 probabilities, I am positioned to capitalize on this bullish trend effectively. Join me as we navigate this exciting opportunity in the silver market! 3D: 4H: P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
OANDA:XAGUSDLong
by Jasminex1x2
4
Silver - Livermore accumulation cylinder patternThe Livermore accumulation cylinder pattern is a complex trading pattern that has ten peaks. Peaks 8, 9, and 10 are particularly important because they signal the advanced stages of the pattern, where price movements often become more volatile and approach the final phase. Here are some general guidelines on how to identify these peaks: 1. 8th Peak (followed by a drop): The 8th peak usually marks a significant high before a sharp drop. After this drop, the market begins to recover, but the movement tends to be unstable. Look for a rapid price drop followed by a rebound to an short-term support level. 2. 9th Peak (attempt to recover): After the drop from the 8th peak, the 9th peak often represents the market’s last attempt to rally. This is typically a minor bounce where the price tries to return to previous levels, but usually falls short of the 8th peak. This indicates exhaustion and a decrease in buying interest. 3. 10th Peak (final wave and breakdown): The 10th peak usually signals the last strong push upward before the market begins a significant decline. This last peak may fall short of the 8th or even the 9th peak level, or, in rare cases, it may momentarily break above the 8th peak if there’s a slight surge in buying power. When the price starts to drop sharply from the 10th peak, it can indicate the end of the cycle and a larger trend reversal. Identifying Livermore’s pattern requires patience and close observation. Additional tools like volume analysis (to track changes in buying interest) and support levels around previous peaks and troughs can be helpful in confirming these peaks. -- "Livermore used to say: "Whatever happens in the stock market today has happened before and will happen again” Here are some key rules by Jesse Livermore: Markets are never wrong opinions often are. Back your judgment and don't trust your opinion, until the action of the market itself confirms your opinion Few people ever make money on tips, beware of inside information. If there was easy money lying around, no one would be forcing it into your pocket Money is made by sitting, not trading. It takes time to make money. Don't give me timing; give me time Buy right, sit tight. Big movements take time to develop. Men who can both be right and sit tight are uncommon Money cannot consistently be made by trading every day or every week during the year Nothing new ever occurs in the business of speculating or investing in securities and commodities Never average losses The human side of every person is the greatest enemy of the average investor or speculator. Wishful thinking must be banished Jesse Livermore argued that before opening any position, the market must first confirm and support any thesis. The market has to confirm the trade before the full size of the trade is executed. He used to say that ‘Markets are never wrong – opinions often are’. That means we must not trust our own opinions until the price action confirms these opinions. Here are some more tips according to Mr. Livermore: Trade only if there are real opportunities in the market Use price patterns, as historically, the market tends to repeat Don’t overtrade, and don’t trade every day Use pivotal points to trade Follow the trend and run your profits (It takes time to make big money) Don't average down your losses." (Trading Center) “Jesse Livermore Trading Method” Trading Center, Trading Center, 09/11/2024, tradingcenter.org -- Note: I am sharing my thought process on these market moves and adjust my analysis as the market evolves. This is not meant to be followed by others, as I am prone to mistakes like anyone else. Instead, I welcome feedback that can help me question and refine my analysis.
TVC:SILVERLong
by kris_tarum
2
Silver is in the bullish trend after testing supportHello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAGUSDLong
by ForexMasters2000
1
SILVER: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: This is currently my primary view, Monday placed the opening range of the week, dumping down into the previous LOW, closing as well out of balance. Tuesday consolidated below the LOW, until it started breaking higher at the end of the day, placing a peak formation low in Asia session of Wed, which printed as well a higher high into the Tue high of day. Potentially this market is staring now the frontside move, and in this specific moment, the low of Asia, or closing price are the level I will be looking for a buy low, if a setup is presented after 8:30am CPI news release. Short: I'm not really interested at the moment in shorting this market, however, the current high of Asia can be a level of reaction for a short scalp Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:XAGUSD
by GianniPichichero
2
SILVER (XAGUSD): Important Decision AheadThe increase in SILVER price has halted after reaching a significant weekly resistance level. On a 4-hour timeframe, there is a narrow horizontal range forming along with a rising channel, with the market already breaking the support line of the channel. The last obstacle for sellers is the support within the horizontal range at 32.42 - 32.23 on the 4-hour chart. A break and close below this level would indicate a strong bearish signal. There is a possibility of a retracement from this pattern, potentially reaching down to 31.44. However, if the price breaks above the resistance of the range, we may consider looking for long positions.
TVC:SILVERShort
by linofx1
4
Silver could have found its bottomSilver has also experienced a sharp decline, falling nearly 5,000 pips from its recent multi-year high around $35. However, unlike OANDA:XAUUSD , we saw a reversal pattern in OANDA:XAGUSD yesterday with a Pin Bar that aligns well with technical support just above the psychological level of $30. As I’ve mentioned before, Silver often serves as a leading indicator for Gold, especially at market turning points. For example, even when gold recently reached its all-time high, Silver failed to reach a new high and instead formed a lower high, signaling the potential for a decline. Looking specifically at XAG/USD's technical indicators, the price held firmly at horizontal support and reversed yesterday, forming a strong Pin Bar on the daily chart. I remain bullish on Silver as long as yesterday’s low remains intact, and I’ll be looking to buy on dips.
OANDA:XAGUSDLong
by Mihai_Iacob
Silver a win-winMy positioning Anyone who's been following me for a while knows I've been quite bullish on silver for the past few years. In fact, I initiated my AMEX:SLV position in early 2021 when it was in the low 20's and then in late 2022 I rotated almost 50% of that position into AMEX:SILJ when it was right around $8. It was mostly dumb luck but I nearly bottom ticked that market and bought within an hour or so of what's become a multi-year low. I've continued to hold these two core long term positions, while also trading around the core positions when short term setups present themselves. The win-win Before I get into the chart technicals I want to get into the fundamentals that I think make silver a win-win in the long term. I typically don't use fundamentals when I trade but I don't consider this a typical in-and-out trade. This is more of a long-term hold based on my own fundamental thesis and supported by chart technicals. The crux of my win-win thesis is that silver will outperform in both a bullish economic outcome and a bearish economic outcome. In the bullish economic scenario, the already voracious global silver demand will continue to increase as solar, AI and EV demand continues to grow. The question at this point isn't if, but how fast. The rate at which silver is being consumed could outstrip production by as much as 200moz by the end of this decade. While I expect scrap and new mining to somewhat fill that gap, it will eventually create a vacuum that only an increase in price will resolve. In the bearish scenario the globe slips into a severe recession. This would cause industrial use of silver to plummet but safe haven demand for silver to explode. While the demand in the bullish scenario is more gradual, the demand in the bearish silver is explosive and would likely lead to a hockey stick price move. The most bearish scenario for silver is that the globe goes into a mild recession, where demand for silver drops materially but the large safe haven demand doesn't materialize as it would in a severe recession. In this case silver may tread water and bounce around in range. The technicals The silver chart makes just as compelling of a case as the fundamentals. Silver has what Peter Brandt has affectionately referred to as "the mother of all cup and handles". While the 45 year pattern means this could take quite a long time to play out (years...decades?) it still offers a very nice long term potential and clear boundaries to trade within. Within this very large pattern we often see shorter timeframe patterns form that offer both long and short setups. This sets up a nice situation where you can have a long term core position, and then trade around that core position when shorter term setups present themselves, either long or short. The next few key support and resistance levels I'll be looking to trade around is the $40 level and the $48 level. Beyond that and we'll be into all-time-high territory where I'll trade whatever price action happens to be at that point in time. Options Another nice thing about SLV is it gives us options (no pun intended). For a scenario where I'm long term bullish but I think price has rallied too far, too fast and it's looking a little frothy in the short term, rather than closing some of my spot position outright and risk missing out on further rallying another approach is to sell OTM (out-of-the-money) covered calls. Implied volatility would be elevated so you'd likely be getting paid a good premium, and if price does rally up to or beyond your strike price, then you can either choose to hold and let your shares potentially be called away or if your still bullish you can roll the options up and out (up in strike and out in time). You'll collect more premium and move your sell point to a higher price at the cost of taking on more time risk. There are exhaustive resources out there if you're unfamiliar but interested in this type of strategy.
TVC:SILVERLong
by krugman87
Silver Is Breaking Out Of A Wedge! Silver is coming nicely to the downside, reversing after reaching levels above 34 and 35 back in October. Notice that this top formed with a wedge pattern, which typically occurs at the end of an impulsive sequence. I believe an important top is now in place for silver, suggesting a much deeper correction may unfold, especially if the dollar remains strong following Trump’s election win. After any pullbacks, further weakness is likely, particularly considering that when an ending diagonal completes, price can often retrace back to the starting point of that pattern. Grega
SAXO:XAGUSDShort
by ew-forecast
Heading into overlap resistance?The Silver (XAG/USD) is rising towards the pivot which is an overlap resistance and could reverse to the pullback support. Pivot: 31.56 1st Support: 30.36 1st Resistance: 32.35 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAGUSDShort
by ICmarkets