Showing posts with label Silver. Show all posts
Showing posts with label Silver. Show all posts

Monday, March 29, 2010

Trade Update: Book 100% longs in Silver – 500% profit in 8 days

Suggested here :

and here

My target was 17.25 in the pullback and see its trading at 17.40

so how we traded over the past 2 weeks?

Short @ 17.55 , Covered @ 16.55 – 10,000 pips profit

Long @ 16.60 , Covered @ 17.40 – 8,000 pips profit

Overall above 18,000 pips profit in less than 8 days which is $1800 profit on a single Micro lot of 1000 units and investment of just $300… overall 500% return

Friday, March 26, 2010

Trade Update… Silver Pullback

Suggested here:

I asked you to book out of Silver shorts and get on other side for a pullback… I asked to cover shorts near 16.5 and it did 16.55 before pulling back… my target was 17+ and its already trading at 16.92…

Target is still open and stretched to 17.18-17.25

Get out of longs near 17.20-17.25

Get out of Silver shorts… Target Hit

Suggested here:

Target was below 16.8 then later downgraded to 16.5 … its trading at 16.55 mark and I see it bottoming out near 16.45…  which is near 10,000pips or $1000 on an investment of just $300… 300+% profit in 5 days.

Book out near 16.5-16.45 and go long in Silver with a Stop @ 16.35 for a target of 17+ in coming days…



vikas verma

Monday, March 22, 2010

Forex Trade Updates

First of all the star among the rest… Silver Short

Suggested to short near 17.45-17.5, see here

Target was below 16.85… current price is 16.60 which is 8000 pips or $800 with a Micro lot 1000 units… over 200% return on investment within 4 days.


Next trade… Short NZDUSD… See here :

Suggested to short @ 0.71145 for a target of 130-230 pips, touched 0.70.. which is a good 115 pips profit in 1 day.

Friday, March 19, 2010

Tuesday, March 16, 2010

Short Silver : Target below 16.85

Silver is looking so bearish to me...

Target is below 16.85

Change or No Change :: US Key Interest Rates

Tonight is another such night where everyone is assuming that where FED Chairman, Ben Bernanke , come out of meeting and shout “No Change” but I have this gut feeling that tonight could be the night where they pull up their socks… err I mean their Interest Rates


Let’s see another 4 hours to go for the Interest Rates Decision and then Consumer Confidence number after 1 Hour of Interest Rates Decision

My prediction: They Hike their rates… Gold/Silver should be dumped along with all currency pairs and USD should rally. US Equities should make a double top here and go back below their 50% retracement levels by this Thursday 18th.

Big expectations.. lets see how it goes.


vikas verma

Monday, March 15, 2010

Silver 1H chart gave you entire day’s range in a single trade…

Who said you can't buy at bottom & sell at top... see this.

A perfect wave that I had been watching on an Hourly Chart of Silver since early morning... up move from day's low to day's high.... complete day's range in a single wave...

Here is the video of it...


vikas verma

Thursday, March 11, 2010

US Numbers evening…

Another important evening with respect to US Data in another 1 hour





Trade Balance



Initial Jobless Claims



Natural Gas Storage




Looking at various charts USD, US 10Y Bond, Gold, Silver, Dow, S&P... I am predicting & expecting numbers to leave negative sentiment atleast to start with. Lets see how numbers are...


Update… Numbers were bad not not too bad… still here is what happened

USD Down
Bond Rally
Gold rebound
Silver rebound
Dow , S&P Down

Gold & Silver are the biggest stars

Wednesday, March 10, 2010

Short Silver Spot – XAG/USD

Silver is looking bearish to me for a target of 17.25-17.18 in Hourly chart. On a Daily chart it is looking bearish for a retest of below 15 levels.. may be 14.55



See how the short went.. instant profit… that is Dhanvarsha :)



Monday, March 8, 2010

Market is all about waves…

Waves exists almost always in the charts and this is so satisfactory when you are able to spot them and profit from them.

See the video of Silver’s SPOT chart where there were 2 waves one after another one bullish then second bearish in the 15minute chart

The bearish wave is still pending for its target… I will update you once it hit the target..

Do let me know if that is helpful to you or if you have any doubts.


Update: See what happened after 2 bars


vikas verma