Seasonal / Silver / Commodity / Ichimoku : Trade Entry

Silver is looking good. Seasonally, Silver typically goes down for the month of November (not predictive of future results). I have entered a short future trade in Silver at 14.595 with a initial stop at 14.819 (will change with time). The first profit target I am looking for is 13.421.
Below is the chart.
silver_11_05_07.PNG
For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

About the Author Manesh Patel