Commodities portfolio: Long XAGUSD - Bottomed at Brexit support

8 thg 10, 2016

It appears like we can rebuy precious metals next week, which makes a lot of sense considering China is coming back on line after a week of public holidays.
The support level held, where the rapid ascent that happened during the Brexit referendum took place, so I see this as a low risk opportunity to get long on a breakout of last session's high.
Risk a new daily low here.

Good luck!

Ivan Labrie.

10 thg 10, 2016

Giao dịch đang hoạt động

11 thg 10, 2016

Giao dịch được đóng thủ công

I don't like the action here I'm getting out and holding CEF longs for now.

11 thg 10, 2016

Giao dịch đang hoạt động

Moving back above resistance now.

13 thg 10, 2016

Giao dịch được đóng thủ công

The reaction to the current situation shows lack of interest in metals, I'm closing for a modest 0.22% profit in gold and silver.

2 thg 11, 2016

Ghi chú

Good I reentered right before the action started, I saved myself some cost in rollover.

2 thg 11, 2016

Ghi chú

And, yes, I was spot on about the turn here...hope my followers caught the trade.