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Unless otherwise specified, ALWAYS use the 15min chart to enter my recommended plays because
CONFIRMATION is a MUST. In other words, you need to see a 15min candlestick that CLOSES beyond
the entry point, then enter when it moves 10cents after the high/low of that candlestick.

Monday, May 9, 2011

SLV (SILVER) PLAN OF ACTION FOR WEDNESDAY

I will post my SLV Wednesday plan of action tomorrow about 15-30minutes before the close of the US market in the comment section of my SLV chart.
I will likely close my Call (long) position and enter a Put (short) position before US mkt closes with the intention of playing a decent gap down to start wednesday. My decision will be based on how big a move I see tomorrow.
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