I don't trade silver derivatives, I'm just a hodler of silver. But, looking at the chart for a few minutes made me make a quick possible playout scheme
Short-term play. GLHF You can even add another position if we approach the 1800 psych level if you got the nutz of steel
Going to try a different strategy in the meantime. Higher timeframes, more confluences, being more picky. Hard to stay on top of everything when you look at the 45min-1h candles. GLHF
Trade looks a little too easy, tread carefully
Honestly, if someone could give me a few pointers on EWT with regards to Fibonacci (if that even matters), I would love to learn tbh. Don't use this chart idea for trades. Just seeing if it'll play out. GLHF
I'm a sucker for a good H&S, my kink I guess.. Short then long off the area, you get the idea
Pretty sure I have less than a 10% success rate on XRP trades in my lifetime. It's my long term hodl bag, so I peek at the price often enough to see how much I'm down. Don't see too many H&S; or iH&S; on XRP so giving it a shot. Also, idk why I've only posted H&S; formations today GLHF
Give daddy his little H&S No good TA on this, just pure H&S fetish Sloppy looking H&S with a pretty sharp neckline. Not actually expecting it to playout, but entry is near L. shoulder peak.
Could give a cute little local double top before possibly continuing lower. High risk - GLHF
This is a bully free zone everybody, BELIEVE IT Short term play, GL
Let it ride SL could be close, reassess adding another position if approached Have a good week all
Damn just realized 1 pip is $0.01 in XAUUSD pair.. good thing I don't have any money
Work has been a slow one today so I'm bored and looking at pairs, backtesting and shiiiit. Don't actually follow my trades if you want to make money, just helping myself stay accountable XD
Trend is your friend they say, unless you got balls of steal like me and try and catch the top. Or I'm stupid and going to get rekt.... probably this one.. GLHF
Sh!t looks pretty tightly bound, could be explosive either way... just like me after tbell
Kind of have a fetish for H&S recently, respect my kinks you animals
Not your typical FX pair, but each one has their own little kink..... just like your mom (hehe)
I really shouldn't be making impulse trades like this, but I'm bored at work and the RR is good enough to punt. Don't try this at home kids, it could pop fast either way.