SILVER 1D (XAGUSD DAILY TRADING RANGE TRADE SUGGESTION
I suggest your enter your order ahead of the range bottom around 15.63ish (depending upon your risk tolerance), with your stop loss below the 10-July-17 low (15.1750), targeting 1/2 of the range and the top of the range (16.4766 & 17.3399 respectively.)
You can take some profit off at the 1/2 point or just follow your stops and hold for the top.
I suggest you be sure to size your trade so your max loss is no more than 2% of your account (or less.)
Follow your rules explicitly. NEVER BET THE FARM!
You can take some profit off at the 1/2 point or just follow your stops and hold for the top.
I suggest you be sure to size your trade so your max loss is no more than 2% of your account (or less.)
Follow your rules explicitly. NEVER BET THE FARM!
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