Okay, I'll start it for this week.

i will take a trade idea from anywhere but only trade it if confirmed by the tools.. gann said that it is our job as traders to know the personality of each thing we trade... in trading oil etf;s, i expect them to gun stops to new price low before price goes higher... the trader joed had a turn called for in crude. so i drew my lines and waited for the setup.note how price gunned the stop as expected at the line given by the tools in SCO

very interesting and tricky stuff going on....all good though

what I had....

with all my longer term charts at make or break levels in metals stocks i did something this morning that i had not done in years... bought for a buy and hold. i will let you know if i get stopped out...

Here's that same silver chart from way back, with the same hash mark on there from before. Notice the 3D into the area. The question is, now what? I'm not sure this will hold. But, can I really see silver in the low 10's? If the ES is headed to 2000 by year end, maybe (and maybe even if the ES is now in a bear market). Lots and lots and lots of bottom callers here for the PM's, though, on every blog I read (except maybe one). My gut says more manipulation down...

As an aside, if I'm thinking about stacking (buying physical for holding regardless of future price, in preparation for 'the collapse'), then I'm liking this spot, even if silver does get hammered down. This is one situation where dollar cost averaging down makes sense to me. Just a thought.






Chart created on QCharts, courtesy eSignal

So, did you take the stop when it took out that low and traded 30.10? I guess that's the plan, but I struggle so much with stops when they are that tight...

Originally posted by roofer

Click image for original size

no stop is the 2998 low on chart....the geometry suggests that if taken out then the next lower line is target

fascinating.....