AG Trader

Trying to take accountability to improve my trading
7 prop firm accounts blown

[Feroce Research @FeroceResearch]

The greatest 6-month stint for Silver is coming up.

History and macro environment both tell you this, not me. The holy grail set up for metals.

For the past half a decade, global macros have found a way to ease 10y yields anytime numbers started to creep towards 4.60 - 4.70%

In this case, WTI Crude played a significant role in creeping yields to 4.7%. Now with WTI Crude heading back to sub $80, as expected and shared my views many times over the past recent weeks, this creates the perfect opportunity for 10y Yields to plateau at that 4.60 - 4.70% mark and fear of hikes are not as strong any longer.

Every cycle from 4.70% down towards 4.00% has ignited a stronger Silver rally each time for a span of 6 months on average.

The idea that metals become a safe haven when inflation is rising is very misinformed. Metals become the safe haven in THIS environment, when Yields, Dollar, and Crude no longer become the safe bets and we enter a "sticky/uncertain" period of inflation.

My view in Feroce Research is that there will be a strong rotation towards Silver, even money leaking from Semis may find its way into Silver.

The fundamental view of supply/demand deficit continues to exist, as well as the technical resistance since 2023 turning into a support for the first time this year.

If silver were to replicate the move that happened last year, which we also had caught, we can expect $180 by the end of this year. My conservative target sits at $130 for now, until later upgraded.

This is one of the few moments where fundamentals, technicals, quantitative positioning, and macros all align for an industry.

[AG Trader @Germancando1902]

@SilverDegen Good to know i am not the only one!

[AG Trader @Germancando1902]

Why is everything red? There isn’t a single negative news that i can find

[AG Trader @Germancando1902]

Vc j —, ahhgghh

[AG Trader @Germancando1902]

I have this feeling that today we will be eating tacos

[AG Trader @Germancando1902]

Has silver found a bottom or will it keep bleeding?

[AG Trader @Germancando1902]

I have gone from not wanting silver nowhere near $75 to begging for it to be $75 in less than 24 hours

Impressive

[AG Trader @Germancando1902]

Already worthless so no point on cutting losses

Need a 10% move in the next 3 days to close BE

It isn’t impossible as we are talking about silver but very hard

[AG Trader @Germancando1902]

I have bought a 70.5C for this friday for $SLV

Opinions?

[AG Trader @Germancando1902]

False alarm back at the good and old $75

[AG Trader @Germancando1902]

Has the war resumed

Silver losing support here

[AG Trader @Germancando1902]

Has the war resumed

Silver losing support here

[AG Trader @Germancando1902]

@TheApeOfGoldST And just like that back to 75

[AG Trader @Germancando1902]

I have bought a 70.5C for this friday for $SLV

Opinions?

[AG Trader @Germancando1902]

Everything green except silver and oil

Intresting

[AG Trader @Germancando1902]

Clean retest os $75 overnight

Looks poised to breakout

[AG Trader @Germancando1902]

@TheApeOfGoldST I have stopped trying to guess trumps next move so i closed my calls for 20% profit but already bought some for next friday and will be loading up on more with expiry in mid july

[AG Trader @Germancando1902]

Asia really disliking silver rn

Down 2% in less than half an hour

[AG Trader @Germancando1902]

Bought one ATM call that expires on friday

That bounce looking more likely by the minute

[AG Trader @Germancando1902]

If anyone follows silver they will know that I got stopped out on both trades

I think i will switch to trading indices and leaving only options to silver

Too emotionally attached

[AG Trader @Germancando1902]

As i said i took a smaller position now risking 2% looking for a 1:1.5 RR and set a buy limit at $76 with another 2% risk looking for a bigger 1:2.5 RR eventhough i do not think it will retrace that much