Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Long SLV at $25.62 (by Ryan Mallory)

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Silver is no doubt a fairly speculative trade, but because I’m trading it with a tight stop-loss that makes sense (i.e. below a critical support level) I’m willing to take a stab at this trade with a stop-loss at $25.40. 

Commodities have, no doubt, been weak of late, and the triple bottom that is trying to form is what creates the basis of my trade. If it doesn’t work out, I lose roughly 1% of my trade value, while on the other hand if the trade succeeds, I envision it playing out to the tune of 5-10%. With that kind of risk/reward one can be right far below 50% and still make a decent living trading the market. 

After posting this trade, Springheel Jack (@SHJackCharts on Twitter) noted though that Silver has a confirmed rising support trend-line from 2008 low Friday by bouncing there. But today it is dropping below it. Different perspectives on trades are useful and reinforces the belief today, that I shouldn’t give this trade to large of a leash if it doesn’t play out according to my original thesis. 

Here’s the SLV Trade Setup.

Silver SLV

Check out Ryan’s Blog at SharePlanner.com

Commodities Have Room to Recover

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It's been a pretty boring day. If you don't believe me, look at the ES for the past 24 hours…..

0621-flatline

We have just been grinding around 1323 or so.

At the moment, the overall market is up 0.53% and I am down only 0.09%, which is thrilling for me since I am entirely short. It shows my shorts are not being overly prone right now to market strength, which is all I ask of my little guys.

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Binary Options (by Market Sniper)

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Binary options are fairly new to the speculation/trading landscape. They are called binary options as there can only be two possible outcomes. There are two types. Either cash-or-nothing binary options or asset-or-nothing binary options. They are binary in that you get all or nothing. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and Fixed Return Options (FROs) (on the AMEX). Binary options are usually European-style options.

There are two ways of going with this as well. There is exchange traded binary options such as offered on the NADEX and there is non-exchange traded options. Each are structured differently. With exchange traded binaries, there is a set strike price. With most non-exchange traded binary options, you set the strike price upon entry. Your strike is your entry in the trade. It then expires in or out of the money. Structure of payouts are also different. Both Amex and CBOE listed options have values between $0 and $1, with a multiplier of 100, and tick size of $0.01, and are cash settled. In 2009 Nadex, the North American Derivatives Exchange, launched and now offers a suite of binary options vehicles. Nadex binary options are available on a range Stock Index Futures, Spot Forex, Commodity Futures, and Economic Events.

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