Smack the Markets

Jan 20, 2023

Last Months Trade of the Month

Last months top trade was a long position on Silver, in fact this was also joint top

trade for 2022 sharing the title with a Copper trade we had taken earlier in the year.

Metal markets where being eased by a weaker US Dollar at the time and Silver was moving higher off a double bottom formation. We took a long position after the market pulled back into a structure level on the 15 minute time frame.

Trade setup on the 15 minute time frame.

Price moved as expected allowing us to book a 600% return within a couple of hours.

1