Our Silver Strategy as of now (for at least 2-3 weeks)
Ashwani bhai pls suggest whether it is correct or not..
1. Sell on higher levels, we wait for our charts to give sell confirmations and then only sell, as trend is down we will earn good in sell side mostly
2. Whenever we get a buy call on our chart, we do not buy. We wait for the move to "Top out" and then sell on high. As on longer time frame chart(longer trend) we are getting negative only.
3. When the trend in the longer time frame chart turns positive, we BUY
This is how i will be working in Silver for some time.
If any queries please feel free to ask.
2nd point what is top out??
thanx