timwest
Giá lên

Silver XAGUSD Weekly Buy Signal from "Time@Mode" Method

FX:XAGUSD   Bạc / Đô la Mỹ
1215 lượt xem
44
1215 7
Silver is giving us a signal for a trade setup here this week.

The signal is from the fact that silver consolidated around the $19.25 level for 9 weeks (start counting on the week it hit its high) and then accelerated down from that mode at $19.25 and has now FALLEN FOR 9 WEEKS (as of last Friday). That means that the 9-weeks of distribution that happened up top there have been confirmed with 9 weeks of additional downside movement.

The signal is also from the point that Silver didn't drop as much as it should have. How do I label that? By looking at the price range of trading around the range expansion decline (marked by a the first yellow triangle) and note it should have fallen by another equal amount within 3 weeks, but it didn't make it. Therefore the market is "out of time" and "holding relatively strong".

Upside target is for a move back to the mode at $19.25 within 9 weeks.

Use all of the techniques to add to this position over time as the market confirms that it is indeed in an rebounding uptrend.

Cheers.

Tim 1:43AM EST 12/7/2016

Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
Nice job, congratulations and thank u!!!
Phản hồi
Thanx for the update. Are you able to update the yearly forecast? Or is it in accordance to this, long?
Phản hồi
@2use, Good question. I'll have to go and do that update. Have you seen the long term silver chart forecast from my youtube video a year or two ago? Google "Tim West TradingView Silver"
Phản hồi
2use timwest
@timwest, Yes, but i would really love more videos to be posted, you haven't done much of them for the public, have you?
Phản hồi
Thanks Tim. Why a 9 week period though? What is the significance of that number or how do you work out to use 9 weeks? I can't see where that come from. Cheers
Phản hồi
timwest BuySellBuySell
@BuySellBuySell, What I do is find the most amount of time at one price. In this case, silver makes consolidations where there are 9-weeks-at-one-price. You can count the number of weekly boxes at that price. That is how I count the time for the ensuing rally or decline. What I look for is a time frame where there are 10 units of time at one price to detect what time frame the market is operating on.
Phản hồi
@timwest, Very interesting Tim. Many thanks. Keep up the good work.
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất