I have been watching several posts on social media regarding trading silver. There was a lot of excitement about the possibility of going long on MCX Silver. I wanted to caution traders about jumping in too soon to trades and failing to look at multiple time frames to confirm entry.
In the silver weekly chart, there was a post saying to enter a long on Silver in a test of demand and a breakout of the down trend line.
Online Trading Academy students are aware of the odds enhancers we use to determine whether we should take a particular trade. In this case, the test of the demand was not the first and had… Continue Reading
