hanzhao311

Pitchfork validity confirmed time and again for S/R for silver

OANDA:XAGUSD   Silver / U.S. Dollar
There are 2 pitchfork channels that silver are following textbookingly here. Look for dynamic support/resistance and in/out strategies accordingly should pay-off well.

Money management is one of the most important things. I made so many mistakes over the years by not having the right exit strategy when it comes to taking profit or cutting loss. you just have to follow some rules stringently over time and not deviate from the rules too much.

Another good exiting strategy is sometime you just forget about the indicators and even the price actions especially when you don't have a clear view. One good example is that you just take a break from trading when your account balance reached a level that you are comfortable with. Can't try to beat the market all the time. Staying in the game.



Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
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