Comments on: Advanced Fibonacci Confluence Projection in SLV Silver ETF http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Updated Weekly View of Targets for Silver | Penny Stock Trading System Blog http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-211223 Updated Weekly View of Targets for Silver | Penny Stock Trading System Blog Wed, 11 Nov 2009 12:46:50 +0000 http://blog.afraidtotrade.com/?p=4720#comment-211223 [...] my last post on Silver Prices on October 5th, Silver prices have achieved the $18.00 per ounce price target and have hovered underneath that [...] [...] my last post on Silver Prices on October 5th, Silver prices have achieved the $18.00 per ounce price target and have hovered underneath that [...]

]]> By: Updated Weekly View of Targets for Silver | Afraid to Trade.com Blog http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-211214 Updated Weekly View of Targets for Silver | Afraid to Trade.com Blog Tue, 10 Nov 2009 16:28:51 +0000 http://blog.afraidtotrade.com/?p=4720#comment-211214 [...] Weekly View of Targets for Silver Nov 10, 2009: 11:28 AM CST // Since my last post on Silver Prices on October 5th, Silver prices have achieved the $18.00 per ounce price target and have hovered underneath that [...] [...] Weekly View of Targets for Silver Nov 10, 2009: 11:28 AM CST // Since my last post on Silver Prices on October 5th, Silver prices have achieved the $18.00 per ounce price target and have hovered underneath that [...]

]]> By: Daily Triangle and Flag Targets for Gold Oct 8 | Penny Stock Trading System Blog http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-210631 Daily Triangle and Flag Targets for Gold Oct 8 | Penny Stock Trading System Blog Fri, 09 Oct 2009 14:34:22 +0000 http://blog.afraidtotrade.com/?p=4720#comment-210631 [...] prices in gold are consistent with my prior post on silver where I noted there were “Fibonacci Confluence Clusters Overhead at the $18 Level.“  Silver now trades at $17.50, and price has risen near the target I mentioned since I [...] [...] prices in gold are consistent with my prior post on silver where I noted there were “Fibonacci Confluence Clusters Overhead at the $18 Level.“  Silver now trades at $17.50, and price has risen near the target I mentioned since I [...]

]]> By: Daily Triangle and Flag Targets for Gold Oct 8 | Afraid to Trade.com Blog http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-210622 Daily Triangle and Flag Targets for Gold Oct 8 | Afraid to Trade.com Blog Thu, 08 Oct 2009 17:26:58 +0000 http://blog.afraidtotrade.com/?p=4720#comment-210622 [...] prices in gold are consistent with my prior post on silver where I noted there were “Fibonacci Confluence Clusters Overhead at the $18 Level.“  Silver now trades at $17.50, and price has risen to the target I mentioned since I posted [...] [...] prices in gold are consistent with my prior post on silver where I noted there were “Fibonacci Confluence Clusters Overhead at the $18 Level.“  Silver now trades at $17.50, and price has risen to the target I mentioned since I posted [...]

]]> By: Bob http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-213369 Bob Tue, 06 Oct 2009 18:37:43 +0000 http://blog.afraidtotrade.com/?p=4720#comment-213369 From the July 09 low, price has advanced and looks to be in the fourth wave of a fractal expansion. When considering the upper target of this total expansion, the gap ($15.37), evident in the third wave, should be representaive of the halfway point in the overall expansion. Since proportion should also be expected, the $3.07 move to the halfway point, gives an estimated price target of $18.44. <br><br>There seem to be a number of elements pointing to the low $18's as a probable inflection zone. From the July 09 low, price has advanced and looks to be in the fourth wave of a fractal expansion. When considering the upper target of this total expansion, the gap ($15.37), evident in the third wave, should be representaive of the halfway point in the overall expansion. Since proportion should also be expected, the $3.07 move to the halfway point, gives an estimated price target of $18.44.

There seem to be a number of elements pointing to the low $18's as a probable inflection zone.

]]> By: Bob http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-213370 Bob Tue, 06 Oct 2009 17:49:21 +0000 http://blog.afraidtotrade.com/?p=4720#comment-213370 Over night the USD weakened dramatically. Across the board, commodities are up strongly in pre-market trading. Recent highs - Oil (light) $71.55; Gold $1030.20; Silver $17.06. At least at the open, this should have a significant and favorable impact on the equity markets and support a continuation of the rally. Over night the USD weakened dramatically. Across the board, commodities are up strongly in pre-market trading. Recent highs – Oil (light) $71.55; Gold $1030.20; Silver $17.06. At least at the open, this should have a significant and favorable impact on the equity markets and support a continuation of the rally.

]]> By: Bob http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-210598 Bob Tue, 06 Oct 2009 13:37:43 +0000 http://blog.afraidtotrade.com/?p=4720#comment-210598 From the July 09 low, price has advanced and looks to be in the fourth wave of a fractal expansion. When considering the upper target of this total expansion, the gap ($15.37), evident in the third wave, should be representaive of the halfway point in the overall expansion. Since proportion should also be expected, the $3.07 move to the halfway point, gives an estimated price target of $18.44. <br><br>There seem to be a number of elements pointing to the low $18's as a probable inflection zone. From the July 09 low, price has advanced and looks to be in the fourth wave of a fractal expansion. When considering the upper target of this total expansion, the gap ($15.37), evident in the third wave, should be representaive of the halfway point in the overall expansion. Since proportion should also be expected, the $3.07 move to the halfway point, gives an estimated price target of $18.44.

There seem to be a number of elements pointing to the low $18's as a probable inflection zone.

]]> By: Bob http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-210597 Bob Tue, 06 Oct 2009 12:49:21 +0000 http://blog.afraidtotrade.com/?p=4720#comment-210597 Over night the USD weakened dramatically. Across the board, commodities are up strongly in pre-market trading. Recent highs - Oil (light) $71.55; Gold $1030.20; Silver $17.06. At least at the open, this should have a significant and favorable impact on the equity markets and support a continuation of the rally. Over night the USD weakened dramatically. Across the board, commodities are up strongly in pre-market trading. Recent highs – Oil (light) $71.55; Gold $1030.20; Silver $17.06. At least at the open, this should have a significant and favorable impact on the equity markets and support a continuation of the rally.

]]> By: the99th http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-210595 the99th Mon, 05 Oct 2009 23:23:55 +0000 http://blog.afraidtotrade.com/?p=4720#comment-210595 My thoughts exactly. Silver should see its momentum osccillator (whatever you like to use) flip in a shallow cycle for a wave 4 and then rally sometime in November to the 18s maybe peaking in the low 19s, then its Primary C time. <br><br>Of course when the dust settles you should be on schedule for the start of Cycle wave 3 of Supercycle wave 3, silver will go from 11.80 or 7 or 13 or wherever it finishes the wave C all the way to 40 in a matter of years. My thoughts exactly. Silver should see its momentum osccillator (whatever you like to use) flip in a shallow cycle for a wave 4 and then rally sometime in November to the 18s maybe peaking in the low 19s, then its Primary C time.

Of course when the dust settles you should be on schedule for the start of Cycle wave 3 of Supercycle wave 3, silver will go from 11.80 or 7 or 13 or wherever it finishes the wave C all the way to 40 in a matter of years.

]]> By: Dan de Man http://blog.afraidtotrade.com/advanced-fibonacci-confluence-projection-in-slv-silver-etf/comment-page-1/#comment-210594 Dan de Man Mon, 05 Oct 2009 21:10:35 +0000 http://blog.afraidtotrade.com/?p=4720#comment-210594 The bbands have tightened up suggesting that a move will happen in the very near future. As well SLV has touched the 20 day ema the second time in a weak forming a possible double bottom. The 3,10,16 macd is also a hairline away from a buy singnal. Looks like a low risk swing trade to me. My 2 cents.<br><br>Cheers,<br>Dan The bbands have tightened up suggesting that a move will happen in the very near future. As well SLV has touched the 20 day ema the second time in a weak forming a possible double bottom. The 3,10,16 macd is also a hairline away from a buy singnal. Looks like a low risk swing trade to me. My 2 cents.

Cheers,
Dan

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