Two tranches long @ Ag 16.64
Ag = $17.10 sold half the long about 10:10 am. That was quick. Hope I can find time to muse on what’s next.
Mused long enough. I think it’s going to bust. Exited long started 1 tranche short Ag $17.16
Don't be a bagholder, be a bug! ; )
-The Lost Generation
(First trades in months fwiw.)
Probably gonna regret not picking the Dax but whatever.
It might sound like blasphemy but...
GoldMoney will swap those tokens for shiny yellow bricks.
Good luck to you JAL.
Edit - yeah I think crypto is going to get ugly with large finance participating.
As for me, more short on Silver at $17.06.
Long 3600 Euro Stoxx Dec Puts!
(Just had to innit.)
Should say, Nikkei/Nasdaq options aren't available for me, otherwise...
Oil is definitely on my radar too, but I prefer trading that outright.
(To be continued...?)
Sold half the short at Ag= $16.81. Too busy to think about it so will take the 25 cent and put it in my pocket.
To ride both sides of this wave:
I am super impressed by both those trades. Well done!
Thanks Weasel. I was thinking that had to be worth an attaboy.
Just before close today I exited remaining short and went 1 tranche long at Ag = 16.84.
The tea leaves were really hard to read after the move today and it’s hard not to let that success interfere with judgement.
Might have been a little soon but I think one more pop up before the big whammy when you can get your $16 Silver.
So that's work done, enjoy your weekends guys!
Went longer at the open but have set a sell point around $17.08 for half of my hold as I’m in meetings most of the day. Hope to get a chance to re-evaluate around 1:15
Edit, bloody heck while I was typing this it popped to $17.15. Argh half sold. Will ride a bit
Goodbye long. Short from $17.21
It’s all too fast. Stepping back and looking at history the highest probability is that Silver goes UP 20, 50 maybe even 80 cents from here. So the question is whether history repeats or we get something new. I’ll be keeping a close eye on the short and ready to ditch it if it gets in to trouble. As usual this is not trading advice, do your own due diligence and past history may not indicate future performance!