Monday, April 15, 2013

Silver :What went Wrong ????????

Dear All,
                  We gave Buy up date on Silver at 50635 ......and after that silver spiked off till 51900 levels ......
But then sold off badly ........what went wrong ??

First of all we should admit that inspite we know what big picture telling us .....i.e. we were in big C wave down ........we were trying to trade ,counter trend trades or minor sub divisions ....that why we "failed"

As trend was down , we should be with trend ........as said "Trend is your friend untill its Bends"

Now what next ........kindly chk charts

  Thanks & Regards
Abhay Mehrotra

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