Tag Archive for: #SILVER

Factor Report – March 27th

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Factor Update, March 27, 2016

  Note: Due to our Easter Holiday schedule this is an abbreviated Factor Update with limited coverage of the markets under review by Factor LLC.  

Market Review

Factor Moves are currently ongoing in:
·         Japanese Yen ·         Crude Oil
A Factor Move was completed or terminated in Gold, Silver and USD/NOK. A Factor Move is developing in USD/SEK and AUD/NZD. This issue of the Factor also comments on the Soybean complex, Sugar, Gold, AVGO and global stock indexes. Also included in this Update is commentary on the process by which we throw in the towel on a trading position.
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Factor Update, March 20, 2016

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 General Market Commentary

Not all market environments are equal. Similarly, the same market environment can treat different trading styles in very different ways – some favorably, others miserably. The current markets, in my opinion, are neutral/hostile to classical charting principles. Current markets are volatile; false and premature breakouts have increased in 2016 to date; and, there is a lack of substantial patterns under construction. I have experienced this type of trading environment before – many times. There are profits to be had in some markets, but there are also an oversupply of land mines. For me, this type of trading environment has not correlated well with a robust three-month forward ROR. Of course I will continue to take signals that are promising knowing that sooner or later markets favorable to classical charting will return. Warning: I generally ignore one-day price action, preferring area patterns. Yet, nearly every market discussed in this Update experienced a narrow real-range bar on Friday that occurred at or just below the close of Thursday’s wide range day. This development suggests the possibility of a shake out next week. According, I enter next week in a very defensive frame of mind.

Market Review

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Factor Update, March 20, 2016

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General Market Commentary

  Not all market environments are equal. Similarly, the same market environment can treat different trading styles in very different ways – some favorably, others miserably. The current markets, in my opinion, are neutral/hostile to classical charting principles. Current markets are volatile; false and premature breakouts have increased in 2016 to date; and, there is a lack of substantial patterns under construction. I have experienced this type of trading environment before – many times. There are profits to be had in some markets, but there are also an oversupply of land mines. For me, this type of trading environment has not correlated well with a robust three-month forward ROR. Of course I will continue to take signals that are promising knowing that sooner or later markets favorable to classical charting will return. Warning: I generally ignore one-day price action, preferring area patterns. Yet, nearly every market discussed in this Update experienced a narrow real-range bar on Friday that occurred at or just below the close of Thursday’s wide range day. This development suggests the possibility of a shake out next week. According, I enter next week in a very defensive frame of mind.

Market Review

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Chart of the Day — with a Hearty Hi-Ho Silver Away

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