Predicted Moving Average Crossover Silver Trade

Silver Trade

Basic strategy: Enter after signal

(Break of support at earlier low)

(Predicted Moving Average Crossover)

  • Sell around $16.75 an ounce or just below previous low
  • Protective buy stop placement not well defined
  • Subjective decision on support location
  • No precise entry/exit points using support/resistance chart techniques

  • Sell on open at $17.91 an ounce day after predicted medium-term EMA crossover
  • Predicted medium-term EMA (blue line) turns down day before actual medium-term EMA (black line)
  • Catches downtrend in early stages
  • About $5,800 more profit than waiting for support area to be penetrated