And here comes the manipulation. This shit is ridiculous. Silver builds for hours, and in a matter of minutes it is pushed vertically downwards. As soon as they take their foot off silver's throat, up it comes again. Anyone think we'll push past $50 this week? Is that the battle line?
I think they would rather allow a friggin nuke to go off in Europe than allow the silver to reach 50$...
Me so happy that I flicked the right switch again, but which level to step into again do you guys think? If the sturdy 47-stronghold breaks, I will start to Martingale like crazy again. (1..2..4..8..16..32..64..128..256..512..1024..2048..4096...yougetitnowdontyou?) ;)
I keep reading how Blythe manipulates prices down near expiry to encourage roll overs. If this is so easy for her to do, why not just short the shit out of it all the time instead of just near expiry?
It's actually very easy to trade these moves. I've been trading silver futures for about a year now. You can tell by the movement when the manipulation is going to begin. It often happens during US trading hours so I just sit and wait for the signs then short it. You can usually get a good feel for when the bottom is in because volume picks up, so cover... get long... ride the bounce. Good traders are making some serious bank doing this and if they're smart they'll put the profits into physical at the lows of the longer term charts, imo.
I believe their are margin requirements for shorting (meaning that they can only short so much dollar's worth of silver). Which is why they are continuing to increase the margin requirements for silver.
Could be wrong though. I'm rather new at this as well.
First! Megan Fox is soooo hot. And I'm all in on this shit! Thanks a bunch Ben/Blythe!
ReplyDeleteAnd here comes the manipulation. This shit is ridiculous. Silver builds for hours, and in a matter of minutes it is pushed vertically downwards. As soon as they take their foot off silver's throat, up it comes again. Anyone think we'll push past $50 this week? Is that the battle line?
ReplyDeleteI think Monday we'll see some relief. They need prices as low as they can be for options expiration on Friday/Saturday.
ReplyDeleteI think they would rather allow a friggin nuke to go off in Europe than allow the silver to reach 50$...
ReplyDeleteMe so happy that I flicked the right switch again, but which level to step into again do you guys think?
If the sturdy 47-stronghold breaks, I will start to Martingale like crazy again. (1..2..4..8..16..32..64..128..256..512..1024..2048..4096...yougetitnowdontyou?)
;)
SILVER TRADING ALL OVER THE PLACE
ReplyDeleteWow....been watching silver trade and it is amazing. First, it was up $1.70 earlier, than it sold off. Wonder why that is?
Just recently, silver was -$.12, then next tick it was down -$.40, then it was +$.06. All this within 2-3 minutes.
Something BIG is getting ready to happen.
This market is bullshit. I'm going to watch RedTube!
ReplyDeleteCan someone explain something to me?
ReplyDeleteI keep reading how Blythe manipulates prices down near expiry to encourage roll overs. If this is so easy for her to do, why not just short the shit out of it all the time instead of just near expiry?
It's actually very easy to trade these moves. I've been trading silver futures for about a year now. You can tell by the movement when the manipulation is going to begin. It often happens during US trading hours so I just sit and wait for the signs then short it. You can usually get a good feel for when the bottom is in because volume picks up, so cover... get long... ride the bounce. Good traders are making some serious bank doing this and if they're smart they'll put the profits into physical at the lows of the longer term charts, imo.
ReplyDeleteI believe their are margin requirements for shorting (meaning that they can only short so much dollar's worth of silver). Which is why they are continuing to increase the margin requirements for silver.
ReplyDeleteCould be wrong though. I'm rather new at this as well.
@ Rich
ReplyDeleteI use silverprice.org to track silver. But no volume is shown. Can you please let me know what you use to track spot. Thanks.
Paste this into your browser, then all you gotta do is RESFRESH it to get the updated(slightly delayed) quote 24/7.
ReplyDeletehttp://www.kitcosilver.com/charts/24hoursspot.html
SilverBull.
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