All our
hypothetical futures system trade signals are from daily charts, our
futures systems are
seasonal, trend, and major top/bottom based, our computerized systems examine the
weekly charts and indicators also for confirmation. We use the 8 period RSI on the 5 minute charts to enter
futures options trades and set price targets
at Fibonacci retracement/projection levels on the daily charts, we use
the levels also to set stop loss points in addition to using trailing stops
to protect profits. We consider exiting or using tighter stops just before
agricultural,
financial, or economic reports
are released. This week's signal, March 08 5000 oz. Silver, is below. Click the chart for indicator information.
Note: We only trade futures options
due to the high risk and volatility of the futures markets.