Potential buys on SILVERLooking on daily TF, I see nothing that helps, but on 4h TF. I see break and RETEST of structure. Going to smaller TF I see conformationsLongby M_1234-zondo4
Could the Silver reverse from here?The price is rising towards the pivot which is a pullback resistance and could reverse the 1st support level which has been identified as a pullback support. Pivot: 34.27 1st Support: 32.93 1st Resistance: 34.85 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets3
Watch Me Make $600,642 Backtesting in 20 MinutesMastering Backtesting with TradingView's Replay Feature: Your Target Practice for Trading Success In the world of trading, practice makes perfect, and one of the best ways to hone your skills is through backtesting. TradingView’s replay feature serves as an invaluable tool for traders looking to test strategies, refine their skills, and improve their overall performance. Think of it as target practice—a way to simulate real market conditions without the pressure of live trading. This article will delve into how to effectively use the replay feature, challenge yourself, and why practice is essential for every trader. The Power of Backtesting Backtesting is the process of testing a trading strategy on historical data to determine its viability. It’s like a dress rehearsal for traders, allowing you to assess how a strategy would have performed in different market conditions. With TradingView’s replay feature, you can step back in time and play out the price movements of any market you choose. Using TradingView's Replay Feature Setting Up the Replay Feature: Open TradingView and select the asset you want to backtest. On the chart, locate the “Replay” button in the toolbar (usually represented by a play icon). Click the button and select the date from which you want to start your replay. You can drag the slider to move through the historical data at your own pace. Simulating Live Trading Conditions: As the replay plays out, you can apply your trading strategy just as you would in real-time. Take note of price action, support and resistance levels, and your entry and exit points. Use this opportunity to test different indicators and strategies, adjusting parameters as you see fit. Documenting Your Trades: Keep a journal of your trades during the replay. Note what worked, what didn’t, and any adjustments you made. This reflection is crucial for developing your trading skills. Target Practice: Challenging Yourself To truly benefit from backtesting with the replay feature, consider implementing challenges that simulate the pressure of live trading. Here are some ways to push yourself: 1. Risk Management Challenges: Decide on a specific risk amount for each trade—say $1,000. After reaching a target profit, like $15,000, challenge yourself to avoid losing a predetermined amount, such as $2,500. This mimics real-life scenarios where maintaining profits can be just as challenging as making them. It forces you to practice discipline and stick to your risk management rules. 2. Trade Frequency Goals: Set a target for the number of trades you want to execute during the replay. For example, aim to make 10 trades in a single session. This encourages you to be decisive and consistent with your strategy. 3. Time Constraints: Limit yourself to a specific time frame when executing trades. For instance, challenge yourself to make all trades within a 30-minute window during the replay. This helps you practice decision-making under pressure, enhancing your ability to react quickly in real-market situations. The Importance of Practice for Traders As traders, we must remember that consistent practice is key to mastery. The replay feature allows you to simulate different scenarios without the risk of real money, giving you the freedom to learn from your mistakes. Here’s why practice is crucial: Building Confidence: The more you practice your strategy in a controlled environment, the more confident you’ll become in your abilities. This confidence translates into more decisive actions when trading live. Identifying Strengths and Weaknesses: Regularly backtesting enables you to pinpoint areas where your strategy excels and where it falters. This awareness allows you to adapt and evolve your approach over time. Understanding Market Dynamics: Each market behaves differently. By practicing across various assets and timeframes, you’ll develop a deeper understanding of market dynamics, helping you make better-informed decisions. TradingView’s replay feature is a powerful tool for backtesting and honing your trading strategies. By treating this process as target practice, you can simulate real trading scenarios, test your strategies, and build the skills necessary for successful trading. Don’t shy away from challenging yourself with risk management goals, trade frequency targets, and time constraints. Remember, consistent practice is the pathway to mastery, and with the right tools and mindset, you can elevate your trading game to new heights. So dive into that replay feature, test your strategies, and watch your trading skills flourish!Education20:00by TLTurnerTV1
U may be right? I may be crazy, But Silver is going upIf you pull up the 5 year chart on silver, I believe I've found a cup and handle that points to $55 silver. I also remember that the yield curve has un-inverted. That means we have 2 - 4 months (based on a 3-6 month average) on time frame between un-inversion and recession. Thirdly, everything has a correlation of 1. Everything is going up together, and hence it will all fall together. So, my thesis, this explosive move will most likely occur before end of year. Oil, the dollar, check out UUP. You see $50-$55 silver, sell everything. I mean everything. Not just your silver, everything. Silver is always one the very last things to run in a bull market. Good Luck, Cheers Longby dcsmith54443
Silver - Just Starting The Parabolic Rally!Trading update on Silver ( TVC:SILVER ): Click chart above to see the detailed analysis👆🏻 Silver just perfectly completed the bullish break and retest and is about to reject the next horizontal resistance level. However everything is still significantly bullish and I honestly do expect a breakout soon. Following the previous cycle, Silver might rally another +35% from here. Levels to watch: $34, $45 Keep your long term vision, Philip (BasicTrading)Long03:42by basictradingtvUpdated 151554
I think this is a good buy zone for SilverHi everyone! I think this is a pretty good buy zone for CAPITALCOM:SILVER right this moment. Longby ChameleonInvestments0
XAGUSD Downside Expected Before Bullish ContinuationHello, OANDA:XAGUSD is currently poised for further downside, despite a favorable bullish setup for continuation. However, the price has thus far respected the daily support structure. A potential decline toward the 33.143 - 32.677 range may be on the horizon before a bullish continuation, provided these support levels hold firmly. TradeWithTheTrend3344 by TradeWithTheTrend33442
Silver Short Term Bearish, Medium BullishI am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.Shortby braheemaliUpdated 116
MAJOR Move has startedGet on the silver train...the MAJOR move we have been waiting on has started...I loaded up back around $24 in both physical and miners ... things look very very good if you ask me.Longby ConservativeOne1118
SILVER: Market Is Looking Up! Buy! Welcome to our daily SILVER prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 33.68170$ Wish you good luck in trading to you all!Longby XauusdGoldForexSignals116
XAGUSD View!!Silver held its recent decline to around $33.7 per ounce on Monday as the dollar and Treasury yields rallied further on signs of strength in the US economy and bets that former President Donald Trump will win at next month’s election. Easing geopolitical risks in the Middle East also pressured precious metals as Israel’s retaliatory strikes on Iran over the weekend did not target crude or nuclear facilities, while Tehran did not immediately vow to respond, raising hopes of a de-escalation in the regional conflict.Shortby FXBANkthe80555
Bullish on SilverJust a quick update on Silver. As I outlined in the previous post, Silver followed the yellow scenario as we expected. Now, I would like to see Silver show some weakness and hit $32.3 first, then rally up to $36.4. Gold can also follow the same pattern. Longby SamanFx0112
Silver XAG/USD Analysis --- 28.10.2024Downward Outlook for XAG/USD: Potential support levels: $32.20-$32.15, $32.00, $31.70-$31.65. Possible further declines towards $31.00, $30.50, and the monthly swing low near $30.00 (tested on October 8). Upside Potential: Immediate resistance at $33.65. If breached, potential to reclaim $34.00 and target the $34.30-$34.35 supply zone. Further bullish momentum could aim for the $35.00 psychological mark and challenge the October 2012 swing high around $35.35-$35.40.by CTA_tradesmart2
XAGUSD (Silver) still BullishMonthly Chart The monthly candle is still bullish. Weekly Chart Weekly candle closed as indecision candle while the trend is still bullish and we are expecting the price to at least retrace towards the middle of previous IPA (or FVG) candle of previous week and then resume higher. Next Target above 35.15 level. Daily Chart We will be looking a bullish structure around 32.47 or slightly lower for a buy entry. Next target around 35.15 level.Longby PropSignals2
SILVER LONGUp trend in 4H. Correction with pattern. String support in 4H and SL line. Predict impulse, after correction Longby LivePattern2
Silver vs. Bitcoin - When Patterns emerge naturally When two markets aren't really traded as I have not encountered SILVER-backed token yet with BTC, I wonder how valuable patterns are between them.... let's all see and find-out.by peacefulBoa23020
SILVER, Rejection from Channel TopBullish Channel Rejection from Channel Top New lows formation Seasonlity indicates bearish moment in NOV, 9/12 times Short at current price Initial Target is Bottom of channel In case of break of channel, it can take support at major levels indicated in redShortby itsrohansaeed1
Silver is in a very good price patternSilver has been in a downtrend for about 10 years. From 2020 until now, it has made a very good price pattern that has made silver a strong uptrend and I believe it will continue. 2025 it will be high. If you are planning to buy silver or already own it, you are doing the right thing. The same goes for gold. STRONG BUYLongby MoralDiscipleUpdated 16
SILVER BEARS ARE GAINING STRENGTH|SHORT Hello, Friends! SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 45m timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 33.031 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals116
Silver versus InflationExpecting 2024 to be a year to remember! Silver on the cusp of another LEGENDARY breakout. Gateway to MUCH higher prices. #silverby Badcharts11
SILVER (XAGUSD): Important Demand Zone Ahead Silver is retracing after a sharp bullish movement. Ahead, I see a significant demand zone. The underlined yellow area is based on a rising trend line and a recently broken weekly/daily horizontal resistance cluster. With a high probability, we will see an up movement from that area. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader113
#silver needs correction#silver #xagusd has formed bearish divergence in mid term. A correction is necessary.Shortby naphyse0
XAGUSD: Sell the bounce. Top about to be completed. Silver reached the top of the 3 month Channel Up, naturally on a bullish 1D technical outlook (RSI = 62.183, MACD = 0.939, ADX = 32.693) and since 3 days it got rejected to the 4H MA50 today. The 2 bullish waves before that show that this is technically the last bounce before the top is formed. We are ready to sell this back to the bottom of the Channel Up, targeting the 0.5 Fibonacci level (TP = 32.500). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Shortby InvestingScope2211