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SILVER (XAGUSD) - Intraday

SILVER (XAGUSD) - Intraday

May 09, 2024

Set the Sell Pending Orders at:

R1: 27.72200 (SL: 27.82200 | TP: 27.52200 )

R2: 28.05900 (SL: 28.15900 | TP: 27.65900 )

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Set the Buy Pending Orders at:

S1: 27.26500 (SL: 27.16500 | TP: 27.46500 )

S2: 26.98300 (SL: 26.88300 | TP: 27.38300)

Trading Guidelines:

Read about Risk Management: https://buymeacoffee.com/tradingdame/silver-risk-management

Maximum Trades: Restrict trading activities to no more than 2 trades daily per asset.

Stop Loss and Target: Set stop loss at 100 points and targets at 200-400 points.

Trading Sessions: Focus on trading between the London and NY sessions.

Validity: Setup valid until the close of the London session.

Discipline: Execute the order at the identified level.

Evaluation: If stopped out, wait for a new trading setup.

Simplicity: Keep the trading routine simple and straightforward.

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