silver potential swing sep13

The last silver trade was successful with preety decent profit of 1200 points. Was busy so couldnt update here.

Also i would like to share that my open=high and open=low strategy is failing miserably and giving me major losses in stock intraday. It think i will have to sacrifice the holy grail search for morning entry and exit at market end strategy and come back to price-action-volume even if that means it may take me having a look between work hours.

On one hand there is no system hopping and one hand there is seeing that a system is not having POTENTIAL. How can i say it.. umm..it works.. but in a way of 10% accuracy rate..but the 10% successful trades are enough to cover losses and give u decent profits..but..the catch is ALL the scripts in the list have to added and thats impossible for a person to enter all those orders on a phone.. i will admit i even thought of automating it..but eventually dropped the idea..

Well first of all this is way aloof from my quality over quantity approach which has worked for me in commodity. I ¬†wish i could afford the future rates in stock too ..ahhh.. soulful chart reading and trading…soon…hopefully.. well when i was paper trading the system openhighlow i thought i will be minting money.. but thats far from reality..and this is the reason:

F#cking 50 scrips are eligible at 9:45 am …how will i enter 50 trades at once.. while looking at charts of each of them in 5 mins.. and then 80% of them end up not triggering at all ..but the eat up the capital right.. so as much as it hurts me to system hop again.. i will have to ditch this system .But iam thankful for this system to bring me back to TECHNICAL ANAYLISIS then just mechanical trading( it works..but needs some tweaking and i cant do that without an algo ..somebody help :o)..

now lets move on to silver: this is a potential short on silver which is about to trigger with a good r:r.

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a nice inverted hammer is about to be formed on the daily chart which if it breaks below the swing low will indicate market weakness. Also as the geopolitical tensions have decreased i will keep just the technicals in pov. i will enter half at the pivot point on 15 min chart if the price rebounds there by EOD else ill enter full at the break of swing low. Ill try my best to update here.

SILVERMINI LONG AT 37006/ 5 LOTS- UPDATE

2017-07-22 13_16_42-SILVERMIC17AUGFUT
TAKE PROFIT done at 37800-38000 level. Now will add on retracement or if price crosses this major resistance area comfortably 

Currently in 1200 points profit in Silver .The momentum doesnt seem to be ending. But iwill have to see how the price reacts to the major zone of 38300.This level has acted as support 3 times in a 1 year time zone so i wont be surprised if it acts as a major resistance this time around. I have done profit booking on this trade so i am on the safer side here. But i will surely get out of the remaining lots i have here and wait for price to retrace if price reverses from this zone.

Ill do fresh buying again once the volume/momentum is back to bullish. BUT and a big but..IF and a ever bigger IF ..the price breaks through this resistance in a very big move ..and maybe kisses the zone again to go back up ..ill load all in this again because that would mean the rally has not died and a fresh 1000+rally would begin.