Silver experiencing a trendline break. Short on pullback to sma. It bounced of the 161.8 so be sure stop is at breakeven at least if it heads to this point. However, hitting resistance like it has it would take some big money to spike it further ...

Swings and scalps

Quite the spike I wonder why this happened. I wasn't watching the news. I'll have to follow up. Technically, it hit the green support and bounced which was also confluence of 161.8 on a fib, shot up to another fib level, which also is former ...

Swings and scalps

Set and forget on the 161.8 worked!

Swings and scalps

Sell at the sma 50 on the 15 min risk $0.89

Swings and scalps

It hasn't quite spiraled to the 161.8 yet. Long here and 261.8

Swings and scalps

Lower high? Possibly short this upper support and ride the retrace. I may add long at the sma 50. Waiting for it to get below that point before I am really comfortable with a short, although getting in at the top with a tight stop is always best if ...

Swings and scalps

Triangle and downward sma, sell entry.

Swings and scalps

How large of a retrace of the sma 50 on the daily is the question. Going to watch and measure. Looking for shorts.

Swings and scalps

Stopped out now I have an entry set at previous resistance risk $0.99 at the 23.6.

Swings and scalps

Not surprising, it bounced a little right in between the 161.8 larger spiral and the 261.8 fib, so the sma 50 was next to useless, except it will be watched to see if it stays above or below this level. Seeing it in an actual spiral shows how time ...

Swings and scalps

Price bouncing off the smaller spiral also hitting the 1 min sma 50. Tight stop $0.35 risk.

Swings and scalps

Waiting for a chance to move stop to breakeven. Demo only. Too aggressive for my current budget on the real account.

Swings and scalps

Stop to breakeven looking to short a test of the sma. The second (blue) spiral seems to be the most respected, although the red was at first.

Swings and scalps

Auto entries on the demo. My real account has smaller positions than MT5 offers and is set to enter at 161.8

Swings and scalps

It it a double top or continuation of the spike? If it does reverse I will measure the move and get in at the fib levels.

Swings and scalps

Order barely failed to trigger, like a pip off or something. Watching for more of a pullback. Too far below the 38.2.

Swings and scalps

Let's see if BTC/USD bounces or breaks the 9100 support. Stop is at breakeven.

Swings and scalps

Stopped above previous high break. Perhaps an option is better in this case. I like the leverage on this account. Shorting the SP500 seems risky, most advise to go long only and buy dips. It does look like it is ready for a retrace though. Lost $15.

Swings and scalps

261.8 has confluence with previous range resistance. It is on a steep incline though it will likely stall and reverse and form little butterfly effect fibs everywhere on it's way. I have a long on break of high with the demo account.

Swings and scalps