Get started
Silver FuturesSilver FuturesSilver Futures

Silver Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts

SVF1! trade ideas

Silver on the Verge of a Break-Out!Silver prices are experiencing a robust rally as market sentiment anticipates a slower consumer pace and weakened economic growth heading into the new year. The precious metal, often sought as a safe haven during times of economic uncertainty, is gaining traction as investors navigate an environment marked by concerns about a sluggish consumer and broader economic challenges. Adding strength to the silver market is the recent movement in interest rate yields. The CME FedWatch tool indicates a 50% probability of an interest rate cut in May, with expectations further increasing to a 75% chance of a cut by June. This underscores the market's anticipation of accommodative monetary policy measures to ease financial conditions, further supporting risk assets. In addition to interest rate dynamics, the silver market is closely eyeing industrial data from China. Stronger-than-expected data from the world's largest consumer of metals could serve as a positive catalyst for silver prices in the near term. Crucial for silver's trajectory is the “Major Overhead Resistance” pocket ranging between 25.25-25.63. Traders will look to a break and close above this level, as it would be essential for the precious metal to re-test its 52-week high. As the silver market has begun to move swiftly to the upside, a faster moving average can be used as a support level. A break and close below the 21 Day EMA could indicate slowing price action and consolidation, before a trend is found. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
COMEX:SI1!
by Blue_Line_Futures
Is this Silver breakout for real?One of the most widely discussed precious metals that has been a sleeper all year (-2.5 %) looks like it is finally waking up again. Silver futures have oftentimes been at the forefront of controversy after multiple failed short squeezes and a series of lower highs and lower lows. Traders often remember the good old days when prices exploded to $50 only to see prices erode to bargain basement prices at $11.76 during the 2020 Covid pandemic. Traders will want to use these two points of reference and draw a wedge pattern that leads us to where we are today, attacking the upper boundary line. Looking at the Silver Chart Silver has delivered a near-perfect breakout, with prices consolidating at the 200 DMA at $23.79 and could extend to the $25 level (August highs). Traders will want to use $23.25 as their first significant level of support, followed by the 50 DMA at $22.91 and $22.45 as your trend reversal point. Potential Chinese Stimulus We expect that once an economic recovery occurs in China, futures will again test $28-30. Given the sharp rise in prices this week, we recommend not chasing this rally and waiting for prices to trade back into the low $23s before gaining exposure. Advanced traders could consider using short-dated call options to maintain exposure. www.tradingview.com CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs Disclaimers *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
COMEX:SI1!Long
by Phil_Blue_Line
Silver Future Prediction - 17.11.2023 - Trading Marcos LevelsSilver MCX Future - November Intraday Trend Analysis for 17.11.2023 Buy at: 73085.35 with Target 1 - 74443.35 and Target 2 - 75113 Add additional position at: 72878.5, Sell at: 72671.65 with Target 1 - 72276.65 and Target2 - 71607, Stoploss: Buy Position SL: 72650 Sale Position SL: 74000 This Silver MCX Future analysis is for educational purposes and one should attempt a paper trade on the below mentioned levels for an Intraday Range of 1753 Points on 17.11.2023
MCX:SILVER1!
by NumroTrader
Waiting for Silver. This idea uses Wyckoff theory, Dao Theory and modified Fibonacci. Currently sitting at a range, prices are being pushed down to a better buying zone before takeoff. Sold at the -0.383 level shown and it's looking for its proportionate "mirror image" at the 0.382. If prices move below the 0.5 level this idea should be recalibrated. The price is moving a bit up and was bought just before the 0.236 level at 22.49. It didn't really touched that level and that usually happens when price is going lower still. At the moment sit tight and wait for a better entry price at 22.175.
COMEX:SIZ2023Long
by drporta
A short trade on silver last night11.10.23 There was a good short trade on silver with essentially no draw down. The ES was moving lower and then it found a reversal and it looks like it's going to find some sellers and then continue going lower. The Russell would be much easier to trade in this case and it looks like it's going to go lower as well. I spent most of the time showing you why it's better to look at a larger time frame such as the 4-Hour chart because you can recognize expansion much more easily than you can on a very small time frame.... you're almost always going to have bigger bars on a bigger time frame then you will on a smaller time frame.... and that appearance actually shows you in a credible fashion for your brain if you give your brain a chance what expansion looks like and what it looks like compared to contraction. It's much easier to trade a 4-Hour chart than it is a 30 minute chart in my opinion and requires less screen time which is very important to me. At the end of the video I said something incorrectly... I said that you can see expansion better on a 4-Hour chart then a daily chart.... that is actually completely wrong.... you see expansion and contraction better on the higher time frames not the smaller time frames. There is a caveat... if you're looking at monthly charts....you should Make sure you look at the daily chart and the 4-Hour chart as well.
COMEX:SI1!
by ScottBogatin
The index markets... and silver11.9.23 8:00 am I started with the Russell which traded down to support area and has a buying tail which makes this a potential long trade and you use a small stop. There's a paradox here because I'm looking for this market to make new lows... but there is a potential buy signal... and I could consider this is a long trait and I explained why.... it's not the greatest trade... but if I'm going to take the trade pretty much has to be now since it is at a support area and if I want to take a long trade I don't want to wait for the market to move a lot higher and then I take the long trade. Sometimes you can get into these quick setups and if you get inefficiently they may move higher but they may never get to the larger target... and yet you can make a significant return if that market moves for a couple of days which allows you to make a profitable trait without using up too much time to make a trade decision in the first place. You definitely want to know what your stop is and stick to it.... and in this case the market doesn't have to move too far higher before you can run into some sellers... so this will not be the Best trade you will ever find. I talked about the ES and there's no trade here for me but I described what I might look for assuming that the market expands and starts showing me some good trades. We took a quick look at silver which is at a support area but it might move lower to A lower support area which would be a very good return. I didn't get to gold.... which has a different pattern from the silver but there is a possibility that this market could trade lower as well and it is at a support area.
COMEX:SI1!
by ScottBogatin
Buy Dec. Silver 22.82, stop 2175, tgt 24.72Buy Dec. Silver 22.82, stop 2175, tgt 24.72 placed **Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not indicative of future results** hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. one of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. in addition, hypothetical trading does no involve fina ncial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. there are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
COMEX:SI1!Long
by Cannon-Trading