Thursday, September 8, 2016

9-8-16 SLV was tremendous




It looks bearish on the hourly too. 


Here's the net result
Symbol dir Date Price Price2 Date2 Duration Profit
SLV Bull 8/29/2016 17.68 19.02 9/8/2016 10 7.6%
Posted by at

9 comments:

  1. SanfordSeptember 8, 2016 at 5:07 PM

    With the pressure on Silver, I bought Dec19 19.00 Puts on SLV @ $1.19 today.

    ReplyDelete
    Replies
    1. UnknownSeptember 9, 2016 at 1:31 AM

      I came close. It's not an evolution pick at the moment. It is close and maybe you will get extra profit by jumping in early.
      I'm trying to avoid this kind of human judgement. In this case, it was really tough to lay off, but I did. Possibly tomorrow I will enter a similar position.

      Delete
    2. SanfordSeptember 9, 2016 at 9:58 AM

      I thought I had a solid EVO trigger on SLV when I bought the put on 09-08-16. Has anyone noticed if the CMO up/down legs ever change? Like you, I am trying to use the system in it's pure form to prove/disprove it's reliability...It is currently up about 8%.

      Delete
    3. UnknownSeptember 9, 2016 at 10:35 AM

      I do not believe the CMO ever changes. It can flip back the next day once in a while. The SD changes all the time!! That's why it looks so good in hindsight lol

      Delete
    4. UnknownSeptember 11, 2016 at 4:13 AM

      You lined your pockets with cash my friend. It was a bit ballsy since you didn't wait for the CMO.

      Delete
    5. SanfordSeptember 11, 2016 at 12:35 PM

      Definitely a Buy now, so I may add to this position. Yes, I jumped the gun on this one, but I follow the PM market closely, so felt it was worth the risk.

      Delete
  2. Nikhil AggarwalSeptember 8, 2016 at 9:05 PM

    Many thanks for posting this. Was able to take profit. Didn't show up in the alternative set up.

    ReplyDelete
    Replies
    1. SanfordSeptember 11, 2016 at 12:38 PM

      Nikhil,
      Is this showing up as a Sell/Short now on the alt? It should be.

      Delete
  3. Nikhil AggarwalSeptember 8, 2016 at 9:05 PM

    Many thanks for posting this. Was able to take profit. Didn't show up in the alternative set up.

    ReplyDelete

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