Archive for the ‘Silver’ Category
Jan
02
Posted by kurtosisT
I have decided to share with you all an update to my correlation matrix for the end of the 2009 year. It is based off continuous contracts and the daily settlement prices over the last 12 months. There are bound to be some numbers that shock some.
Good trading and may all your trades have fat tails and flat distributions
KT 
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Sep
06
Posted by kurtosisT
For those Pairs traders its time to think about reversing some long term pairs positions on GC vs SI as this chart highlights that that GC vs SI pair is coming back to the long term mean of 59 on the ratio trade. Those that set position at +3 Standard Deviation or greater nice trade!
Current Ratio on close of Friday was 61.20 with Long term mean 58.81 while +/-3SD is at 82.75 to 34.87 on the chart from Oct ‘08 through to Dec ‘08 positions were set above 75.
Now to watch for the unwinding of positions buying GC and Selling SI on the unwind.
Good Trading and stick to your stops
KT
Disclaimer
Mar
11
Posted by kurtosisT
Break of 889 could signal a reversal of its current uptrend
I am going to let the chart tell the story. A break of 889 could signal a reversal to uptrend.
Stick to those stops and buy and hold is dead.
KT
Mar
05
Posted by kurtosisT
Yes it could be time to look at reentering the gold market as we see on this chart that we have had a 50% retracement from the 802 lows to 1008 recent peak. We also have a Fibonacci Time cycle (34 days from the 802 starting point) lining up with yesterdays lows of 900.40. Todays high is also a positive because we have made a higher high from yesterday also the low on today (906.20) is higher than yesterdays low of 900.40. In all looks like we may have a possible continuation to this long term uptrend. Stick to those stops and remember buy and hold is dead.
KT
Feb
17
Posted by kurtosisT
Time to take profits.
Yes silver has been in what some would say is a perfect channel it is now trading at the top of this formation for me I am going to respect this channel formation and take profits on my trade. I would look for a re entry back at the 13.40 level as the defensive play continues to unfold in light of a worsening US and global economy. Note that when you play a channel formation like this only work the direction of the trend in this case it is in a uptrend so ONLY buy the pull backs never try to short on the channel because like anything it can break the upper parallel.
Stick to those stops and remember buy and hold is dead.
KT
