February 12th, 2012
Published Daily

SLW – Silver Wheaton (Last:7.61)

by Rick Ackerman on April 24, 2009 12:05 am GMT

camouflage-developing-in-slwSLW left our stingy bid choking on dust yesterday, but there is still an easy way in for any pivoteer up to using the camouflage so nicely provided by the chart shown. I cannot predict how the pattern will develop, but I’ve labeled the two known price points, AB, plus a hypothetical entry price to show you what I’m talking about.  I’d appreciate it if chat room denizens who understand the mechanical logic of this trade would share it with less experienced traders this morning.



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