Simple Silver Trading System PDF

We shall use the Silver Rules below to create a written silver trading system that generates the silver trading signals shown and illustrated below using the 1 hour xagusd trading chart.

XAGUSD Trading System Rules: XAGUSD Trading Rules

A silver trading system refers to a set of Silver Trading Rules that you follow to manage your trades. These silver rules must be written down on a silver trading plan so as to guide you. The following writing silver rules guide will show you how to writedown the rules of your trading system.

The keyword is a SET OF Silver TRADING RULES which you must follow when trading silver. If you don't follow these silver trading rules specified on your silver day strategy then you do not have a Silver Trading day xagusd trading system. Silver system rules & silver trading strategies rules must have silver trading rules which are written down in your silver trading plan.

XAGUSD Trading Rules

Writing Silver Trading Rules of a Silver Trading System - 1 hour Chart Timeframe Trading

You can come up with the above silver trading system rules using the steps below:

Select your Day Trading Chart Time-Frame - 1H xagusd chart

Choose Silver Technical Indicators which identify a new silver trend- Moving Average Crossover System.

Choose Silver Indicators that confirm the silver trend - RSI, Stochastic

Finding entry & exit points

Buy Trading Signal

1. Both Moving Averages pointing up
2. RSI Silver Indicator above 50
3. Stochastic oscillator going up

Sell Trading Signal

1. Both Moving Averages pointing down
2. RSI Silver Indicator below 50
3. Stochastic oscillator going down

Exit

1. Moving Averages Indicator gives opposite signal
2. RSI gives opposite signal

Calculating risks in each silver trading - 20 pips

Write down the rules of the silver trading system - Silver Trading rules

Test the xagusd system on practice practice silver trading account

After following these steps - we come up with the written silver system rules & Silver Trading Rules below.

Writing System XAGUSD Trading Rules

How to Day Trade - Complete & Detailed Guide to Silver Rules PDF

This day silver trading system produces buy silver signals & sell silver signals as shown below. Using these rules traders can determine when to enter & exit trades.

Generate Buy Silver Signal & Sell Silver Signal - Silver Trading Rules

We have completed writing the rules on this Silver Rules guide - this is one part of a the silver trading rules plan. To learn about silver trading plan rules guide - how do you create a complete silver rules plan Tutorial tutorial?