Wednesday, May 11, 2011

Day trading course Silver Buyer be aware

Day trading course Silver Buyer be aware that when we posted at the $35 range that this would turn back here day traders were buying.  There still is a rumor of increase in Margin requirements, which could provoke another sell off. [caption id="attachment_3770" align="alignleft" width="288" caption="Day trading course Silver buyers are shorted"]Day trading course Silver buyers are shorted[/caption] Day traders were selling silver to $35 today. Support at $38 didn't hold as rumors are still hitting market of 2nd increase in Silver margins on Futures. Resistance at $39 to 39.50 Support at 35, thne 33.50 area.  If sold off to $32 looking to blow the stops on buyers at 35-38. Silver market has the most margin calls. Don't trade it unless you have experience and can be fully responsible for your account and always trade with a stop.  If you can't afford to loose it, don't trade it.

S&P 500 day trading course

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