My silver trades....!

[findvikas]

Hey Linkon, How is silver looking to you per your system?
I can see two waves taking it down to 17.24 on 15min & 1Hr chart.. talking about daily chart I see a big drop below 15.. what is your take?

I am uploading a live chart video.. will share it in a minute

 

[findvikas]

Here is the video.... quality will improve after some time
http://www.youtube.com/watch?v=Bo1aIgWKYbg

 

[findvikas]

oh... it already got triggered

 

[linkon7]

my 15 tgt is 17.25

 

[findvikas]

Ditto!!! mine is same

 

[findvikas]

Awesome pattern in Silver... let me show you how it let many poor traders for a margin call, may be

See the shaded area which is sweet zone and any position there is a good position for a target line... all was going well and then a bummer... break out above 17.50 which was stopping it from long time... short sellers might book their losses and go long here... ahhh and then it got stopped again at sweetzone line... and back for target... :rofl:

 

[findvikas]

Our target has met...

 

[findvikas]

Sorry Bulls... I am out of my trade now

 

[findvikas]

Hey Brother... just trying to understand how much is the margin required per lot? I guess you are with RKGlobal so asking you.

 

[linkon7]

Hey Brother... just trying to understand how much is the margin required per lot? I guess you are with RKGlobal so asking you.

we require around 41-42 K per lot of 30 kg, If u r doing mini lot of 5 kg, then the margin required in 6.5 to 7 k