Silver has rallied sharply after the SNB abandoned its 1.2000 floor on the EURCHF and the financial fallout from it has boosted commodities such as Silver. I have entered my short position in this currency pair as I expect it to fall victim to profit taking and I will enter more short positions every 25 pips higher from here until we reach 17.95.Commodity traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.
No comments:
Post a Comment