Moving Average Whipsaws in Range Markets Silver Trading Strategies
Range Markets XAGUSD Trading Systems
The silver trading moving average is a useful silver chart indicator to trade with when a silver trend has formed. However the moving average silver indicator is prone to whipsaws when the xagusd price is trading in range market.
The Moving Average is prone to whipsaws during a ranging silver market because the xagusd price is volatile and keeps moving around the average, causing the silver trading moving average indicator to give silver trading signals indicating upward silver trend and then quickly changing to give sell silver signals.
It is for this reason that the Moving average indicator should not be used to trade silver trading in a range based market.
Ranging Market & Whipsaws - How to Trade Silver in a Range Market
This is why it is best to combine this silver trading moving average indicator with other indicators when generating silver trading signals to trade silver with.