Printable View
http://prntscr.com/3s4xku
analysis for today 6 / 12 / 2014
SILVER (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 19.222
Retracement (50%) 19.203
retracement (61,8%) 19.183
Extensions (61.8%) 19.387
Extensions (100.0%) 19.450
Extensions (138.2%) 19.513
Extensions (161.8%) 19.552
calculation based on a Fibonacci retracement then today I choose buy
In the morning there will be a great possibility sideway on Silver, stoch indicator shows tend to sell for 19,220 but on the other hand direction indicator moving average is still no intersecting This suggests that the up trend will continue to be achieved towards 19,800
http://s14.postimg.org/cn0r857c1/bieela_2014_06_13.jpg
http://prntscr.com/3safo2
analysis for today 6 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle SILVER on the date 6 / 12 / 2014
OPEN 19.165
HIGH 19.535
LOW 19.125
CLOSED 19.485
The third resistance (R3) 19.535 - ( 19.382 - 19.125 = 0.257 x 2 = 0.513 )= 20.048
The second Resistance (R2) 19.382 + 19.535 - 19.125 = 19.792
First resistance (R1) 19.382 x 2 = 38.763 - 19.125 = 19.638
pivot points 19.535 + 19.125 + 19.485 = 58.145 / 3 = 19.382
Support for the first (S1) 19.382 x 2 = 38.76 - 19.54 = 19.228
Support second (S2) 19.382 - ( 19.535 - 19.125 = 0.410 ) = 18.972
Third Support (S3) 19.125 - ( 19.535 - 19.382 = 0.153 x 2 = 0.307 )= 18.818
---------- Post added at 10:29 AM ---------- Previous post was at 10:29 AM ----------
http://prntscr.com/3safo2
analysis for today 6 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle SILVER on the date 6 / 12 / 2014
OPEN 19.165
HIGH 19.535
LOW 19.125
CLOSED 19.485
The third resistance (R3) 19.535 - ( 19.382 - 19.125 = 0.257 x 2 = 0.513 )= 20.048
The second Resistance (R2) 19.382 + 19.535 - 19.125 = 19.792
First resistance (R1) 19.382 x 2 = 38.763 - 19.125 = 19.638
pivot points 19.535 + 19.125 + 19.485 = 58.145 / 3 = 19.382
Support for the first (S1) 19.382 x 2 = 38.76 - 19.54 = 19.228
Support second (S2) 19.382 - ( 19.535 - 19.125 = 0.410 ) = 18.972
Third Support (S3) 19.125 - ( 19.535 - 19.382 = 0.153 x 2 = 0.307 )= 18.818
http://prntscr.com/3scryz
analysis for today 6 / 13 / 2014
SILVER
Resistance : R1 19.695 R2 20.195 R3 20.445
Support : S1 19.360 S2 18.860 S3 18.610
Open : 19.490
High : 19.610
Low : 19.445
Range : 165 Pips
Running Price : 19.495
Strategy : BUY at the level 19.495 stop loss at the level 19.360 target take profit at the level 20.195 or at the level 20.445
pair- silver
chart analysis time frame- m30
http://i62.tinypic.com/wlc0pl.jpg
the rsi indicator is moving down side from the level 70 and the price is also not able to break the 19.60 level and rejecting its up movement with making doji patterns. if the price is falling below the 19.40 level then its down movement can expected. short with take profit at 19.00 and stop loss at 19.75
good luck
silver 23.6 or 38.2 ke bich me upr niche ho rha he. or es level pr strong support or resistance b he. agar silver en level k upar ya niche jaanta he to ham trade naheen kareeni chiayQuote:
Originally Posted by Anytime
http://prntscr.com/3sfe77
analysis for today 6 / 13 / 2014
SILVER (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 19.378
Retracement (50%) 19.330
retracement (61,8%) 19.282
Extensions (61.8%) 19.788
Extensions (100.0%) 19.945
Extensions (138.2%) 20.102
Extensions (161.8%) 20.198
calculation based on a Fibonacci retracement then today I choose buy
http://prntscr.com/3snhsp
analysis for today 6 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle SILVER on the date 6 / 13 / 2014
OPEN 19.490
HIGH 19.695
LOW 19.455
CLOSED 19.645
The third resistance (R3) 19.695 - ( 19.598 - 19.455 = 0.143 x 2 = 0.287 )= 19.982
The second Resistance (R2) 19.598 + 19.695 - 19.455 = 19.838
First resistance (R1) 19.598 x 2 = 39.197 - 19.455 = 19.742
pivot points 19.695 + 19.455 + 19.645 = 58.795 / 3 = 19.598
Support for the first (S1) 19.598 x 2 = 39.20 - 19.70 = 19.502
Support second (S2) 19.598 - ( 19.695 - 19.455 = 0.240 ) = 19.358
Third Support (S3) 19.455 - ( 19.695 - 19.598 = 0.097 x 2 = 0.193 )= 19.262
pair- silver
chart analysis time frame- m30
http://i62.tinypic.com/287dsp0.jpg
the rsi indicator is showing price is overbought as it is moving 70 level. the is is also rejecting down from the daily resistance at 19.84 level. the down movement can expected if close below the 19.60 level to the support at 19.30 level.
good luck
Sir apne yaha par silver par traded karne kiliye jo strategy ko share kiya hai wo kafi acche hai , lkian jaha tak main janti hu ke forx trading market me silver par traded karne ki liye trader ko is market ke acche knowledge or information ki jarurat hoti hai , ye market me risk jayda hone se agr ham without experience ke silver par traded karna suru kare to hame traded me loss ho sekte hai.